Net margin is calculated as Net Income divided by its Revenue. New Mountain Finance's Net Income for the
three
months ended in Dec. 2023 was $27.2 Mil. New Mountain Finance's Revenue for the
three
months ended in Dec. 2023 was $30.6 Mil. Therefore, New Mountain Finance's net margin for the quarter that ended in Dec. 2023 was 89.13%.
The historical rank and industry rank for New Mountain Finance's Net Margin % or its related term are showing as below:
NMFC'
s Net Margin % Range Over the Past 10 Years
Min: 63.97 Med: 97.14 Max: 103.15
Current: 94.2
NMFC's Net Margin % is ranked better than 59.7% of 1670
companies
in the Asset Management industry
Industry Median: 86.045
vs NMFC: 94.20
New Mountain Finance Net Margin % Historical Data
The historical data trend for New Mountain Finance'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.
Competitive Comparison of New Mountain Finance's Net Margin %
For the Asset Management subindustry, New Mountain Finance'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.
New Mountain Finance's Net Margin % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, New Mountain Finance's Net Margin % distribution charts can be found below:
* The bar in red indicates where New Mountain Finance's Net Margin % falls into.
New Mountain Finance 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.
New Mountain Finance's Net Margin for the fiscal year that ended in Dec. 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.
New Mountain Finance (NAS:NMFC) 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.
New Mountain Finance Net Margin % Related Terms
Thank you for viewing the detailed overview of New Mountain Finance's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
New Mountain Finance (New Mountain Finance) Business Description
New Mountain Finance Corp is a closed-end, non-diversified management investment company. It invests in equity interests such as preferred stock, common stock, warrants, or options received in connection with debt investments or may include direct investment in the equity of private companies. The company's investment objective is to generate current income and capital appreciation through the sourcing and origination of debt securities at all levels of the capital structure, including first and second-lien debt, notes, bonds, and mezzanine securities.
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