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CEM (ClearBridge MLP & Midstream Fund) Net Margin % : 97.51% (As of May. 2024)


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What is ClearBridge MLP & Midstream Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. ClearBridge MLP & Midstream Fund's Net Income for the six months ended in May. 2024 was $90.0 Mil. ClearBridge MLP & Midstream Fund's Revenue for the six months ended in May. 2024 was $92.3 Mil. Therefore, ClearBridge MLP & Midstream Fund's net margin for the quarter that ended in May. 2024 was 97.51%.

The historical rank and industry rank for ClearBridge MLP & Midstream Fund's Net Margin % or its related term are showing as below:

CEM' s Net Margin % Range Over the Past 10 Years
Min: 73.03   Med: 99.96   Max: 101.41
Current: 91.99


CEM's Net Margin % is not ranked
in the Asset Management industry.
Industry Median: 87.78 vs CEM: 91.99

ClearBridge MLP & Midstream Fund Net Margin % Historical Data

The historical data trend for ClearBridge MLP & Midstream 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.

ClearBridge MLP & Midstream Fund Net Margin % Chart

ClearBridge MLP & Midstream Fund Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Nov23
Net Margin %
101.41 100.33 99.96 97.23 73.03

ClearBridge MLP & Midstream Fund Semi-Annual Data
Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.18 69.05 114.98 88.05 97.51

Competitive Comparison of ClearBridge MLP & Midstream Fund's Net Margin %

For the Asset Management subindustry, ClearBridge MLP & Midstream 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.


ClearBridge MLP & Midstream Fund's Net Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where ClearBridge MLP & Midstream Fund's Net Margin % falls into.



ClearBridge MLP & Midstream 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.

ClearBridge MLP & Midstream Fund's Net Margin for the fiscal year that ended in Nov. 2023 is calculated as

Net Margin=Net Income (A: Nov. 2023 )/Revenue (A: Nov. 2023 )
=60.628/83.017
=73.03 %

ClearBridge MLP & Midstream Fund's Net Margin for the quarter that ended in May. 2024 is calculated as

Net Margin=Net Income (Q: May. 2024 )/Revenue (Q: May. 2024 )
=90.034/92.334
=97.51 %

* 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.


ClearBridge MLP & Midstream Fund  (NYSE:CEM) 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.


ClearBridge MLP & Midstream Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of ClearBridge MLP & Midstream Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


ClearBridge MLP & Midstream Fund Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
ClearBridge MLP & Midstream Fund Inc. is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of total return with an emphasis on cash distributions. The Fund seeks to achieve its objective by investing in energy master limited partnerships (MLPs) and energy midstream entities.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Jasna Dolgov other: General Counsel/Subadviser CLEARBRIDGE INVESTMENTS, 620 EIGHTH AVENUE, NEW YORK NY 10018
Guardian Life Insurance Co Of America 10 percent owner 10 HUDSON YARDS, NY NY 10001
Mutual Of Omaha Insurance Co 10 percent owner 3300 MUTUAL OF OMAHA PLAZA, OMAHA NE 68175
United Of Omaha Life Insurance Co 10 percent owner MUTUAL OF OMAHA PLZ 3RD FLOOR LAW, ATTN: JAN BROCKMAN, OMAHA NE 68175-1008
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
William R Hutchinson director 535 N MICHIGAN STE 1012, CHICAGO IL 60611
Chris Eades other: Portfolio Manager 620 EIGHTH AVENUE, 48TH FLOOR, NEW YORK NY 10018
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Gwen L Shaneyfelt other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906