GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tri-Continental Corp (NYSE:TY) » Definitions » Revenue

Tri-Continental (Tri-Continental) Revenue : $253.9 Mil (TTM As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Tri-Continental Revenue?

Tri-Continental's revenue for the six months ended in Dec. 2023 was $111.3 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $253.9 Mil. Tri-Continental's Revenue per Share for the six months ended in Dec. 2023 was $2.13. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.78.

During the past 3 years, the average Revenue per Share Growth Rate was 6.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 8 years, Tri-Continental's highest 3-Year average Revenue per Share Growth Rate was 25.80% per year. The lowest was -8.90% per year. And the median was 6.90% per year.


Tri-Continental Revenue Historical Data

The historical data trend for Tri-Continental's Revenue 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.

Tri-Continental Revenue Chart

Tri-Continental Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 342.46 198.99 436.67 -291.39 253.91

Tri-Continental Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 166.34 -316.44 25.05 142.58 111.32

Competitive Comparison of Tri-Continental's Revenue

For the Asset Management subindustry, Tri-Continental's Revenue, along with its competitors' market caps and Revenue 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.


Tri-Continental's Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tri-Continental's Revenue distribution charts can be found below:

* The bar in red indicates where Tri-Continental's Revenue falls into.



Tri-Continental Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $253.9 Mil.

* 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.


Tri-Continental  (NYSE:TY) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Tri-Continental Revenue Related Terms

Thank you for viewing the detailed overview of Tri-Continental's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Tri-Continental (Tri-Continental) Business Description

Traded in Other Exchanges
Address
290 Congress Street, Boston, MA, USA, 02110
Tri-Continental Corp is a United States-based closed-end management investment company. It invests to produce future growth of both capital and income while providing reasonable current income. The fund is divided into two equal segments namely, the equity segment uses quantitative models to select individual stocks whereas the Flexible capital income segment invests across a company's investable capital structure, including stocks, bonds, and convertible securities. The Fund invests in a range of sectors, which include consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, industrials, materials, real estate, telecommunication services, utilities, aerospace and defense, banking, chemicals, and others.
Executives
Janet Carrig director ONE SOUTH WACKER DRIVE SUITE 3200, CHICAGO IL 60606
Raghavendran Sivaraman other: Portfolio Manager of Issuer 225 FRANKLIN STREET, BOSTON MA 02110
Douglas A Hacker director P O BOX 66100-WHQLD, CHICAGO IL 60666
Oleg Nusinzon other: Portfolio Manager of Issuer 225 FRANKLIN ST, BOSTON MA 02110
Gene R Tannuzzo other: Man Dir/GL HD of FI Issuer IA 225 FRANKLIN ST., BOSTON MA 02110
Christopher O. Petersen officer: Vice President and Secretary 5228 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Grace Lee other: Portfolio Manager of Issuer 225 FRANKLIN STREET, BOSTON MA 02110
Brian M. Engelking other: Dir., VP & CFO of Issuer's IA 225 FRANKLIN STREET, BOSTON MA 02110
Sandra Yeager director 225 FRANKLIN ST., BOSTON MA 02110
Jonathan C Cleasby other: Dir., VP & CFO of Issuer's IA 225 FRANKLIN ST., BOSTON MA 02110
David L King other: Portfolio Manager of Issuer C/O PUTNAM LLC, ONE POST OFFICE SQUARE L5, BOSTON MA 02109
Pamela G Carlton director 901 S. MARQUETTE AVENUE, MINNEAPOLIS MN 55402
Daniel Beckman officer: Senior Vice President 225 FRANKLIN STREET, BOSTON MA 02110
Brian J Gallagher director 225 FRANKLIN STREET, BOSTON MA 02110
Anthony M Santomero director RENAISSANCE HOUSE, 8-20 EAST BROADWAY, PEMBROKE D0 HM 19

Tri-Continental (Tri-Continental) Headlines

From GuruFocus

Tri-Continental Corporation Declares Second Quarter Distribution

By Business Wire Business Wire 05-22-2020

Tri-Continental Corporation Declares Second Quarter Distribution

By Business Wire Business Wire 05-21-2021

Tri-Continental Corporation Declares Fourth Quarter Distribution

By Business Wire Business Wire 11-17-2022

Tri-Continental Corporation Declares Second Quarter Distribution

By Business Wire Business Wire 05-19-2022

Tri-Continental Corporation Holds 91st Annual Meeting of Stockholders

By Business Wire Business Wire 06-11-2021

Tri-Continental Corporation Declares Fourth Quarter Distribution

By Business Wire Business Wire 11-19-2021

Tri-Continental Corporation Holds 93rd Annual Meeting of Stockholders

By Business Wire Business Wire 06-20-2023