DMO (Western Asset Mortgage Defined Opportunity Fund) Net Margin %: 95.20% (As of Dec. 2025) — Near Median

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DMO Western Asset Mortgage Defined Opportunity Fund Inc DMO
54 GF Score
Price $10.45
GF Value $10.53
Valuation Fairly Valued
! 5 Warning Signs
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What is Western Asset Mortgage Defined Opportunity Fund Net Margin %?

Western Asset Mortgage Defined Opportunity Fund DMO -1.14% 54 Net Margin % is 95.20% as of Dec. 2025, which is 3% below its 10-year median of 98.16. GuruFocus rates DMO with a GF Score™ of 54/100 and a GF Value™ of $10.53 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,571 Asset Management companies, Western Asset Mortgage Defined Opportunity Fund ranks better than 61.43% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Western Asset Mortgage Defined Opportunity Fund's Net Income for the six months ended in Dec. 2025 was $5.99 Mil. Western Asset Mortgage Defined Opportunity Fund's Revenue for the six months ended in Dec. 2025 was $6.29 Mil. Therefore, Western Asset Mortgage Defined Opportunity Fund's net margin for the quarter that ended in Dec. 2025 was 95.20%.

The historical rank and industry rank for Western Asset Mortgage Defined Opportunity Fund's Net Margin % or its related term are showing as below:

DMO' s Net Margin % Range Over the Past 10 Years
Min: 95.71   Med: 98.16   Max: 100.75
Current: 95.72


DMO's Net Margin % is ranked better than
61.43% of 1571 companies
in the Asset Management industry
Industry Median: 85.3 vs DMO: 95.72

Western Asset Mortgage Defined Opportunity Fund  (NYSE:DMO) 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.


Western Asset Mortgage Defined Opportunity Fund Net Margin % Related Terms


Western Asset Mortgage Defined Opportunity Fund Net Margin % Historical Data

* Premium members only.

The historical data trend for Western Asset Mortgage Defined Opportunity 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.

Western Asset Mortgage Defined Opportunity Fund Net Margin % Chart

Western Asset Mortgage Defined Opportunity Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only 100.36 100.75 96.08 98.16 95.71

Western Asset Mortgage Defined Opportunity Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 95.51 96.74 99.86 96.12 95.20

DMO vs GGZ, PFO, OXSQ: Net Margin % Comparison

For the Asset Management subindustry, Western Asset Mortgage Defined Opportunity 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.


Western Asset Mortgage Defined Opportunity Fund Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Mortgage Defined Opportunity Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Western Asset Mortgage Defined Opportunity Fund's Net Margin % falls into.


DMO
54GF Score
Western Asset Mortgage Defined Opportunity Fund Inc DMO
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Asset Mortgage Defined Opportunity 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.

Western Asset Mortgage Defined Opportunity Fund's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=13.697/14.311
=95.71 %

Western Asset Mortgage Defined Opportunity Fund's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=5.985/6.287
=95.20 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 95.20% mean?
Western Asset Mortgage Defined Opportunity Fund (DMO) has a Net Margin % of 95.20% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Western Asset Mortgage Defined Opportunity Fund and its competitors. This is near median its historical median of 98.16. Over the past decade, Western Asset Mortgage Defined Opportunity Fund's Net Margin % has ranged from 95.71 to 100.75. According to the industry distribution chart, Western Asset Mortgage Defined Opportunity Fund ranks #606 out of 1571 companies in the Asset Management industry, placing it in the top 38.6%.
Is Western Asset Mortgage Defined Opportunity Fund's Net Margin % too high?
Western Asset Mortgage Defined Opportunity Fund's current Net Margin % of 95.20% is near median its 10-year median of 98.16. Over the past 10 years, this metric has ranged from a low of 95.71 to a high of 100.75. The Asset Management industry median Net Margin % is 85.30. Western Asset Mortgage Defined Opportunity Fund's value of 95.20% is 11.6% above this industry median. Based on the distribution chart, Western Asset Mortgage Defined Opportunity Fund ranks #606 out of 1571 companies in the Asset Management industry, which is above the industry midpoint. Overall, Western Asset Mortgage Defined Opportunity Fund has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Mortgage Defined Opportunity Fund's Net Margin % compare to GGZ and PFO?
According to the Asset Management industry distribution chart, Western Asset Mortgage Defined Opportunity Fund ranks #606 out of 1571 companies for Net Margin %. This puts Western Asset Mortgage Defined Opportunity Fund in the upper half of its industry. The industry median Net Margin % is 85.30. Western Asset Mortgage Defined Opportunity Fund's value of 95.20% is 11.6% above this benchmark. Historically, Western Asset Mortgage Defined Opportunity Fund's own Net Margin % has ranged from 95.71 to 100.75 over the past decade. While the company's 10-year median is 98.16 vs. the industry median of 85.30, Western Asset Mortgage Defined Opportunity Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 85.30, based on 1,571 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Asset Mortgage Defined Opportunity Fund's current Net Margin % of 95.20% is 11.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Western Asset Mortgage Defined Opportunity Fund and its competitors. For the Asset Management industry, the median Net Margin % is 85.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Asset Mortgage Defined Opportunity Fund's current Net Margin % is 95.20%, which is near median its own 10-year median of 98.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Mortgage Defined Opportunity Fund stock overvalued right now?
Based on GuruFocus' analysis, Western Asset Mortgage Defined Opportunity Fund (DMO) is currently considered Fairly Valued. The stock's GF Value™ is $10.53, compared to a current price of $10.45 — trading 0.8% below its estimated fair value. The current Net Margin % is 95.20%, which is near median its 10-year median of 98.16 and 11.6% above the Asset Management industry median of 85.30. Western Asset Mortgage Defined Opportunity Fund's overall GF Score™ is 54/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Western Asset Mortgage Defined Opportunity Fund (DMO), the current Net Margin % is 95.20% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Western Asset Mortgage Defined Opportunity Fund (DMO) Overvalued in 2026?

Based on GuruFocus' analysis, Western Asset Mortgage Defined Opportunity Fund stock appears to be undervalued. The current stock price of $10.45 is trading 0.8% below its estimated GF Value™ of $10.53. GuruFocus considers Western Asset Mortgage Defined Opportunity Fund to be Fairly Valued.

Key valuation signals for DMO:

  • Net Margin %: 95.20% (near median its 10-year median of 98.16)
  • GF Value™: $10.53 vs. price of $10.45 (0.8% below fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 11.6% above the Asset Management median (#606 of 1571)

No single metric tells the full story. See the DMO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Western Asset Mortgage Defined Opportunity Fund Business Description

Address One Madison Avenue, 17th Floor, New York, NY, USA, 10010
Western Asset Mortgage Defined Opportunity Fund Inc is a non-diversified, limited-term, closed-end management investment company. The fund's primary investment objective is to provide current income. As a secondary investment objective, the Fund will seek capital appreciation. The Fund seeks to achieve its investment objectives by investing in a diverse portfolio of mortgage-backed securities, consisting of non-agency residential mortgage-backed securities and commercial mortgage-backed securities.
54GF Score

Get the complete analysis for DMO

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.45
Price
$10.53
GF Value