Tortoise Pipeline & Energy Fund (Tortoise Pipeline & Energy Fund) Net Margin % : 96.99% (As of Nov. 2023)

Tortoise Pipeline & Energy Fund Net Margin % Chart

Tortoise Pipeline & Energy Fund Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Net Margin %	Get a 7-Day Free Trial								189.53	97.63	45.79	104.69	96.99

Competitive Comparison of Tortoise Pipeline & Energy Fund's Net Margin %

For the Asset Management subindustry, Tortoise Pipeline & Energy Fund's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tortoise Pipeline & Energy Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tortoise Pipeline & Energy Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tortoise Pipeline & Energy Fund's Net Margin % falls into.

Tortoise Pipeline & Energy Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Tortoise Pipeline & Energy Fund's Net Margin for the fiscal year that ended in Nov. 2023 is calculated as

Tortoise Pipeline & Energy Fund's Net Margin for the quarter that ended in Nov. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tortoise Pipeline & Energy Fund  (NYSE:TTP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Tortoise Pipeline & Energy Fund Net Margin % Related Terms

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Tortoise Pipeline & Energy Fund (Tortoise Pipeline & Energy Fund) Business Description