Apollo Senior Floating Rate Fund (Apollo Senior Floating Rate Fund) Net Margin % : 92.94% (As of Dec. 2023)

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What is Apollo Senior Floating Rate Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Apollo Senior Floating Rate Fund's Net Income for the six months ended in Dec. 2023 was $16.00 Mil. Apollo Senior Floating Rate Fund's Revenue for the six months ended in Dec. 2023 was $17.21 Mil. Therefore, Apollo Senior Floating Rate Fund's net margin for the quarter that ended in Dec. 2023 was 92.94%.

The historical rank and industry rank for Apollo Senior Floating Rate Fund's Net Margin % or its related term are showing as below:

AFT' s Net Margin % Range Over the Past 10 Years
Min: 65.45 Med: 93.52 Max: 201.29
Current: 94.15

AFT's Net Margin % is ranked better than
59.59% of 1668 companies
in the Asset Management industry
Industry Median: 85.935 vs AFT: 94.15

Apollo Senior Floating Rate Fund Net Margin % Historical Data

The historical data trend for Apollo Senior Floating Rate Fund's Net Margin % can be seen below:

* 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.

* Premium members only.

Apollo Senior Floating Rate Fund Net Margin % Chart

Apollo Senior Floating Rate Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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93.52

65.45

89.20

113.11

94.15

Apollo Senior Floating Rate Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial								76.42	104.29	84.53	95.15	92.94

Competitive Comparison of Apollo Senior Floating Rate Fund's Net Margin %

For the Asset Management subindustry, Apollo Senior Floating Rate 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.

Apollo Senior Floating Rate Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Apollo Senior Floating Rate Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Apollo Senior Floating Rate Fund's Net Margin % falls into.

Apollo Senior Floating Rate 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.

Apollo Senior Floating Rate Fund's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	35.963	/	38.197
	=	94.15 %

Apollo Senior Floating Rate Fund's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	15.996	/	17.212
	=	92.94 %

Apollo Senior Floating Rate Fund (NYSE:AFT) 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.

Apollo Senior Floating Rate Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of Apollo Senior Floating Rate Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Apollo Senior Floating Rate Fund (Apollo Senior Floating Rate Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Apollo Senior Floating Rate Fund Inc. (NYSE:AFT) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 West 57th Street, New York, NY, USA, 10019

Website

https://www.apollofunds.com

Apollo Senior Floating Rate Fund Inc.is a diversified, closed-end management investment company. The Fund's investment objective is to seek current income and preservation of capital by investing in senior, secured loans made to companies whose debt is rated below investment grade and investments with similar economic characteristics. Senior loans typically hold a first lien priority and pay floating rates of interest, generally quoted as a spread over a reference floating rate benchmark. Under normal market conditions, the Fund invests at least 80% of its managed assets (which includes leverage) in floating rate senior loans and investments with similar economic characteristics.

Executives

James Vanek	officer: See Remarks	9 W 57TH STREET, FLOOR 41, NEW YORK NY 10019
Ryan Delgiudice	officer: See Remarks	1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Kristin Hester	officer: See Remarks	9 WEST 57TH STREET, NEW YORK NY 10019
Robert L Borden	director	C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Seifert Kenneth Lee Jr.	officer: See Remarks	9 WEST 57TH STREET, NEW YORK NY 10019
Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Joseph A. Moroney	officer: President and CIO	C/O APOLLO SENIOR FLOATING RATE FUND, 9 WEST 57TH STREET, NEW YORK NY 10019
Apollo Total Return Master Fund L.p.	other: See Remarks	ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10057
Frank F Marra	officer: Treasurer and CFO	APOLLO GLOBAL MANAGEMENT, 730 FIFTH AVE, 11TH FLOOR, NEW YORK NY 10019
Elliot Jr Stein	director	C/ COMMONWEALTH CAPITAL PARTNERS, 444 MADISON AVE, NEW YORK NY 10022
Barry J. Cohen	director	C/O APOLLO SENIOR FLOATING RATE FUND INC, 9 WEST 57TH STREET, NEW YORK NY 10019
John J Hannan	director	9 WEST 57TH STREET, NEW YORK NY 10019
Todd J Slotkin	director	35 EAST 62ND STREET, NEW YORK NY 10021
Glenn N Marchak	director	CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE 4TH FL, STAMFORD CT 06902