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EFT (Eaton Vance Floating-rateome Trust) Net Margin % : 97.86% (As of May. 2024)


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What is Eaton Vance Floating-rateome Trust Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Eaton Vance Floating-rateome Trust's Net Income for the six months ended in May. 2024 was $23.42 Mil. Eaton Vance Floating-rateome Trust's Revenue for the six months ended in May. 2024 was $23.93 Mil. Therefore, Eaton Vance Floating-rateome Trust's net margin for the quarter that ended in May. 2024 was 97.86%.

The historical rank and industry rank for Eaton Vance Floating-rateome Trust's Net Margin % or its related term are showing as below:

EFT' s Net Margin % Range Over the Past 10 Years
Min: 96.01   Med: 98.54   Max: 104.97
Current: 98.55


EFT's Net Margin % is ranked better than
75.06% of 1644 companies
in the Asset Management industry
Industry Median: 87.78 vs EFT: 98.55

Eaton Vance Floating-rateome Trust Net Margin % Historical Data

The historical data trend for Eaton Vance Floating-rateome 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.

Eaton Vance Floating-rateome Trust Net Margin % Chart

Eaton Vance Floating-rateome Trust Annual Data
Trend May18 May19 May20 May21 May22 May23 May24
Net Margin %
Get a 7-Day Free Trial 101.29 98.99 104.97 96.44 98.54

Eaton Vance Floating-rateome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 101.67 110.65 98.37 99.05 97.86

Competitive Comparison of Eaton Vance Floating-rateome Trust's Net Margin %

For the Asset Management subindustry, Eaton Vance Floating-rateome 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.


Eaton Vance Floating-rateome Trust's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Floating-rateome Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Eaton Vance Floating-rateome Trust's Net Margin % falls into.



Eaton Vance Floating-rateome 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.

Eaton Vance Floating-rateome Trust's Net Margin for the fiscal year that ended in May. 2024 is calculated as

Net Margin=Net Income (A: May. 2024 )/Revenue (A: May. 2024 )
=55.316/56.133
=98.54 %

Eaton Vance Floating-rateome Trust'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 )
=23.418/23.929
=97.86 %

* 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.


Eaton Vance Floating-rateome Trust  (NYSE:EFT) 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.


Eaton Vance Floating-rateome Trust Net Margin % Related Terms

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Eaton Vance Floating-rateome Trust Business Description

Traded in Other Exchanges
N/A
Address
One Post Office Square, Boston, MA, USA, 02109
Eaton Vance Floating-rate Income Trust is a closed-end management investment company. The company's objective is to provide a high level of current income and its secondary objective is capital appreciation.
Executives
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Sarah Anne Choi other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Catherine Mcdermott other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109
Andrew Sveen other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109