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Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Pretax Margin % : 72.39% (As of Nov. 2023)


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What is Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Pre-Tax Income for the six months ended in Nov. 2023 was $1.78 Mil. Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Revenue for the six months ended in Nov. 2023 was $2.46 Mil. Therefore, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's pretax margin for the quarter that ended in Nov. 2023 was 72.39%.

The historical rank and industry rank for Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Pretax Margin % or its related term are showing as below:

MFD' s Pretax Margin % Range Over the Past 10 Years
Min: 59.88   Med: 97.51   Max: 107.27
Current: 59.89


MFD's Pretax Margin % is ranked worse than
64.53% of 1666 companies
in the Asset Management industry
Industry Median: 90.905 vs MFD: 59.89

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Pretax Margin % Historical Data

The historical data trend for Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Pretax 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.

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Pretax Margin % Chart

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Pretax Margin %
Get a 7-Day Free Trial 96.68 107.27 97.54 67.07 59.88

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 85.15 97.95 101.97 140.10 72.39

Competitive Comparison of Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Pretax Margin %

For the Asset Management subindustry, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Pretax Margin % falls into.



Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Pretax Margin % Calculation

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

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Pretax Margin for the fiscal year that ended in Nov. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Nov. 2023 )/Revenue (A: Nov. 2023 )
=1.245/2.079
=59.88 %

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Pretax Margin for the quarter that ended in Nov. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=1.783/2.463
=72.39 %

* 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.


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund  (NYSE:MFD) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund is a diversified, closed-end management company. Its objective is to seek a high level of current return consisting of dividends, interest, and other similar income while attempting to preserve capital. The fund seeks to achieve its objective by investing in the securities of companies involved in the management, ownership, and operation of infrastructure and utilities. It also invests in senior secured loans generally considered to be high-yield securities. The company portfolio of investments consists of the investment in the common stocks, master limited partnerships, and senior floating-rate loan interests.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
William H Speacht other: Investment Advisor 2005 MARKET ST, 34TH FL, PHILADELPHIA PA 19103
Thomas R Kadlec director C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer-Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer-Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Robert F Keith director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Fink William J Jr other: Officer-Investment Sub-Advisor 125 WEST 55TH STREET, LEVEL 15, NEW YORK NY 10019
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
John H Kim other: Officer-Investment Sub-Advisor C/O ANJIE LAROCCA, DEUTSCHE BANK, 1251 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Jonathan S Ong other: Officer-Investment Sub-Advisor 1 MARTIN PLACE, LEVEL 21, SYDNEY C3 2000
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Anthony Felton other: Officer-Investment Sub-Advisor 1 MARTIN PLACE, LEVEL 21, SYDNEY C3 2000
Andrew Maple-brown other: Officer-Investment Sub-Advisor 125 WEST 55TH STREET, LEVEL 15, NEW YORK NY 10019

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Headlines

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