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MHI (Pioneer Municipal Highome Trust) Net Margin % : 98.91% (As of Apr. 2024)


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What is Pioneer Municipal Highome Trust Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Pioneer Municipal Highome Trust's Net Income for the six months ended in Apr. 2024 was $34.70 Mil. Pioneer Municipal Highome Trust's Revenue for the six months ended in Apr. 2024 was $35.08 Mil. Therefore, Pioneer Municipal Highome Trust's net margin for the quarter that ended in Apr. 2024 was 98.91%.

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

MHI' s Net Margin % Range Over the Past 10 Years
Min: 91.1   Med: 97.81   Max: 214.66
Current: 214.66


MHI's Net Margin % is ranked better than
94.89% of 1644 companies
in the Asset Management industry
Industry Median: 87.78 vs MHI: 214.66

Pioneer Municipal Highome Trust Net Margin % Historical Data

The historical data trend for Pioneer Municipal Highome 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.

Pioneer Municipal Highome Trust Net Margin % Chart

Pioneer Municipal Highome Trust Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Net Margin %
Get a 7-Day Free Trial 91.10 97.41 101.58 113.73 214.38

Pioneer Municipal Highome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 100.37 100.73 99.25 101.38 98.91

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

For the Asset Management subindustry, Pioneer Municipal Highome 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.


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

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

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



Pioneer Municipal Highome 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.

Pioneer Municipal Highome Trust's Net Margin for the fiscal year that ended in Apr. 2024 is calculated as

Net Margin=Net Income (A: Apr. 2024 )/Revenue (A: Apr. 2024 )
=-1.64/-0.765
=214.38 %

Pioneer Municipal Highome Trust's Net Margin for the quarter that ended in Apr. 2024 is calculated as

Net Margin=Net Income (Q: Apr. 2024 )/Revenue (Q: Apr. 2024 )
=34.7/35.081
=98.91 %

* 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.


Pioneer Municipal Highome Trust  (NYSE:MHI) 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.


Pioneer Municipal Highome Trust Net Margin % Related Terms

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


Pioneer Municipal Highome Trust Business Description

Traded in Other Exchanges
N/A
Address
60 State Street, Boston, MA, USA, 02109
Pioneer Municipal High Income Trust is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income exempt from regular federal income tax and capital appreciation. The trust invests in various sectors such as health, education, tobacco, facilities, transportation, utilities, airport, water, and other sectors.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Yana Karalnik officer: CHIEF COMPLIANCE OFFICER 60 STATE STREET, BOSTON MA 02109
Banc Of America Preferred Funding Corp 10 percent owner 214 NORTH TRYON STREET, CHARLOTTE NC 28255
Michael Melnick officer: Assistant Treasurer 60 STATE STREET, BOSTON MA 02109
Koenig Anthony J Jr officer: Treasurer 60 STATE STREET, BOSTON MA 02109
Craig C Mackay officer: Trustee 75 WEST 125TH STREET, NEW YORK NY 10027
Mark Edward Bradley officer: Treasurer 60 STATE STREET, BOSTON MA 02109
Diane Durnin other: Trustee 60 STATE STREET, BOSTON MA 02109
Baumgardner John E Jr. other: Trustee 60 STATE STREET, BOSTON MA 02109
John Michael Malone officer: Chief Compliance Officer 60 STATE STREET, BOSTON MA 02019
Group Ag Ubs 10 percent owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Wells Fargo Municipal Capital Strategies, Llc 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163