British & American Investment Trust (LSE:BAF) Net Margin %: 39.99% (As of Dec. 2025) — 57% Below Median


What is British & American Investment Trust Net Margin %?

British & American Investment Trust LSE:BAF Net Margin % is 39.99% as of Dec. 2025, which is 57% below its 10-year median of 92.20. Among 1,580 Asset Management companies, British & American Investment Trust ranks better than 91.96% on this metric.

Net margin is calculated as Net Income divided by its Revenue. British & American Investment Trust's Net Income for the six months ended in Dec. 2025 was £0.68 Mil. British & American Investment Trust's Revenue for the six months ended in Dec. 2025 was £1.71 Mil. Therefore, British & American Investment Trust's net margin for the quarter that ended in Dec. 2025 was 39.99%.

The historical rank and industry rank for British & American Investment Trust's Net Margin % or its related term are showing as below:

LSE:BAF' s Net Margin % Range Over the Past 10 Years
Min: 59.73   Med: 92.2   Max: 186.27
Current: 160.49


LSE:BAF's Net Margin % is ranked better than
91.96% of 1580 companies
in the Asset Management industry
Industry Median: 84.895 vs LSE:BAF: 160.49

British & American Investment Trust  (LSE:BAF) 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.


British & American Investment Trust Net Margin % Related Terms


British & American Investment Trust Net Margin % Historical Data

* Premium members only.

The historical data trend for British & American Investment 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.

British & American Investment Trust Net Margin % Chart

British & American Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.20 59.73 186.27 69.50 160.48

British & American Investment Trust Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only 118.85 94.00 122.25 108.75 39.99

LSE:BAF vs BLK, BX, KKR: Net Margin % Comparison

For the Asset Management subindustry, British & American Investment 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.


British & American Investment Trust Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, British & American Investment Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where British & American Investment Trust's Net Margin % falls into.



British & American Investment 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.

British & American Investment Trust'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 )
=-3.643/-2.27
=160.48 %

British & American Investment Trust'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 )
=0.683/1.708
=39.99 %

* 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 39.99% mean?
British & American Investment Trust (LSE:BAF) has a Net Margin % of 39.99% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on British & American Investment Trust and its competitors. This is 57% below median its historical median of 92.20. Over the past decade, British & American Investment Trust's Net Margin % has ranged from 59.73 to 186.27. According to the industry distribution chart, British & American Investment Trust ranks #127 out of 1580 companies in the Asset Management industry, placing it in the top 8%.
Is British & American Investment Trust's Net Margin % too high?
British & American Investment Trust's current Net Margin % of 39.99% is 57% below median its 10-year median of 92.20. Over the past 10 years, this metric has ranged from a low of 59.73 to a high of 186.27. The Asset Management industry median Net Margin % is 84.90. British & American Investment Trust's value of 39.99% is 52.9% below this industry median. Based on the distribution chart, British & American Investment Trust ranks #127 out of 1580 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers.
How does British & American Investment Trust's Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, British & American Investment Trust ranks #127 out of 1580 companies for Net Margin %. This places British & American Investment Trust in the top 8% of its industry — outperforming the majority of peers. The industry median Net Margin % is 84.90. British & American Investment Trust's value of 39.99% is 52.9% below this benchmark. Historically, British & American Investment Trust's own Net Margin % has ranged from 59.73 to 186.27 over the past decade. While the company's 10-year median is 92.20 vs. the industry median of 84.90, British & American Investment Trust has consistently been below 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 84.90, based on 1,580 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. British & American Investment Trust's current Net Margin % of 39.99% is 52.9% below 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 British & American Investment Trust and its competitors. For the Asset Management industry, the median Net Margin % is 84.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. British & American Investment Trust's current Net Margin % is 39.99%, which is 57% below median its own 10-year median of 92.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is British & American Investment Trust stock overvalued right now?
British & American Investment Trust (LSE:BAF) has a current Net Margin % of 39.99%. The current Net Margin % is 39.99%, which is 57% below median its 10-year median of 92.20 and 52.9% below the Asset Management industry median of 84.90. 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 British & American Investment Trust (LSE:BAF), the current Net Margin % is 39.99% 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.

British & American Investment Trust Business Description

Address 1 Chesham Street, Wessex House, London, GBR, SW1X 8ND
British & American Investment Trust PLC is a self-managed investment trust operating in the United Kingdom. The company's policy is to invest in investment trusts and other United Kingdom and United States quoted companies to achieve a balance of income and growth.