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Mfs Highome Municipal Trust (Mfs Highome Municipal Trust) Net Margin % : 104.36% (As of Nov. 2023)


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What is Mfs Highome Municipal Trust Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mfs Highome Municipal Trust's Net Income for the six months ended in Nov. 2023 was $0.48 Mil. Mfs Highome Municipal Trust's Revenue for the six months ended in Nov. 2023 was $0.46 Mil. Therefore, Mfs Highome Municipal Trust's net margin for the quarter that ended in Nov. 2023 was 104.36%.

The historical rank and industry rank for Mfs Highome Municipal Trust's Net Margin % or its related term are showing as below:

CXE' s Net Margin % Range Over the Past 10 Years
Min: 92.69   Med: 99.45   Max: 100.15
Current: 99.92


CXE's Net Margin % is ranked better than
80.92% of 1667 companies
in the Asset Management industry
Industry Median: 86.04 vs CXE: 99.92

Mfs Highome Municipal Trust Net Margin % Historical Data

The historical data trend for Mfs Highome Municipal Trust'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.

Mfs Highome Municipal Trust Net Margin % Chart

Mfs Highome Municipal Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Margin %
Get a 7-Day Free Trial 99.45 92.69 99.56 100.15 99.96

Mfs Highome Municipal Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.92 100.11 100.25 98.90 104.36

Competitive Comparison of Mfs Highome Municipal Trust's Net Margin %

For the Asset Management subindustry, Mfs Highome Municipal Trust'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.


Mfs Highome Municipal Trust's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mfs Highome Municipal Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Mfs Highome Municipal Trust's Net Margin % falls into.



Mfs Highome Municipal Trust 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.

Mfs Highome Municipal Trust'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 )
=2.452/2.453
=99.96 %

Mfs Highome Municipal Trust's Net Margin for the quarter that ended in Nov. 2023 is calculated as

Net Margin=Net Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=0.479/0.459
=104.36 %

* 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.


Mfs Highome Municipal Trust  (NYSE:CXE) 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.


Mfs Highome Municipal Trust Net Margin % Related Terms

Thank you for viewing the detailed overview of Mfs Highome Municipal Trust's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mfs Highome Municipal Trust (Mfs Highome Municipal Trust) Business Description

Traded in Other Exchanges
N/A
Address
111 Huntington Avenue, Boston, MA, USA, 02199
Mfs High Income Municipal Trust is a United States-based diversified closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax. The fund invests a majority of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in tax-exempt bonds and tax-exempt notes.
Executives
Linda Dougherty other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Michael L Dawson other: PORTFOLIO MANAGER 500 BOYLSTON STREET, BOSTON MA 02116
Rosa Licea-mailloux other: CHIEF COMPLIANCE OFFICER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Manjit Singh director 111 HUNTINGTON AVENUE, BOSTON MA 02072
Jason Kosty other: PORTFOLIO MANAGER 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jacques Jr Goulet other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Melissa Kennedy other: OFFICER OF ADVISOR 111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones director 111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman director 111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney officer: Officer of Advisor 111 HUNTINGTON AVENUE, BOSTON MA 02199
Carol W. Geremia officer: PRESIDENT 111 HUNTINGTON AVENUE, BOSTON MA 02199
Kevin D Strain other: Officer of Advisor MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
John A Caroselli director ONE METROTECH CENTER, BROOKLYN NY 11201
Clarence Jr Otis director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036