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JPMorgan Global Growth &ome (LSE:JGGC) Net Margin % : 98.42% (As of Dec. 2023)


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What is JPMorgan Global Growth &ome Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. JPMorgan Global Growth &ome's Net Income for the three months ended in Dec. 2023 was £181.8 Mil. JPMorgan Global Growth &ome's Revenue for the three months ended in Dec. 2023 was £184.7 Mil. Therefore, JPMorgan Global Growth &ome's net margin for the quarter that ended in Dec. 2023 was 98.42%.

The historical rank and industry rank for JPMorgan Global Growth &ome's Net Margin % or its related term are showing as below:

LSE:JGGC' s Net Margin % Range Over the Past 10 Years
Min: 94.08   Med: 96.53   Max: 108.58
Current: 97.27

LSE:JGGC's Net Margin % is ranked better than
68.61% of 1666 companies
in the Asset Management industry
Industry Median: 86.98 vs LSE:JGGC: 97.27

JPMorgan Global Growth &ome Net Margin % Historical Data

The historical data trend for JPMorgan Global Growth &ome'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.

JPMorgan Global Growth &ome Net Margin % Chart

JPMorgan Global Growth &ome Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.00 94.08 98.79 108.58 95.21

JPMorgan Global Growth &ome Quarterly Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 98.33 101.45 91.13 95.83 98.42

Competitive Comparison of JPMorgan Global Growth &ome's Net Margin %

For the Asset Management subindustry, JPMorgan Global Growth &ome'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.

JPMorgan Global Growth &ome's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Global Growth &ome's Net Margin % distribution charts can be found below:

* The bar in red indicates where JPMorgan Global Growth &ome's Net Margin % falls into.


JPMorgan Global Growth &ome 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.

JPMorgan Global Growth &ome's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=161.867/170.019
=95.21 %

JPMorgan Global Growth &ome's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=181.815/184.736
=98.42 %

* 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.

JPMorgan Global Growth &ome  (LSE:JGGC) 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.

JPMorgan Global Growth &ome Net Margin % Related Terms

Thank you for viewing the detailed overview of JPMorgan Global Growth &ome's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

JPMorgan Global Growth &ome (LSE:JGGC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan Global Growth & Income PLC (LSE:JGGC) » Definitions » Net Margin %
Comparable Companies
LSE:CTY LSE:SSON LSE:CLDN LSE:MNKS LSE:PNL LSE:PHLL LSE:HGT LSE:HVPE LSE:WWH LSE:TEM BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
JGGIl:UK JGGI:UK
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
Website
https://www.jpmglobalgrowthandincome.co.uk
JPMorgan Global Growth & Income PLC is an investment trust company. Its main objective is to gain capital growth from world stock markets. The company seeks to manage risk and invests in a diversified portfolio of companies. It focuses on building a high conviction portfolio of typically 50-90 stocks and it adopts bottom-up stock selection instead of geographical or sector allocation. It uses borrowing to gear the portfolio within a range of 5% cash to 20% geared under normal market conditions. The company evaluates its performance against the MSCI All Countries World Index in sterling terms. It holds a diversified portfolio of various sectors including Consumer Discretionary, Financials, Health Care, Information Technology, Industrials, and others.