NKX'
s Net Margin % Range Over the Past 10 Years
Min: 35.14 Med: 95.41 Max: 199.5
Current: 87.88
NKX's Net Margin % is ranked better than 51.62% of 1571
companies
in the Asset Management industry
Industry Median: 85.46
vs NKX: 87.88
Nuveen California AMT-Free Quality Municipalome Fund (NYSE:NKX) 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.
Nuveen California AMT-Free Quality Municipalome Fund Net Margin % Related Terms
Nuveen California AMT-Free Quality Municipalome Fund Net Margin % Historical Data
* 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.
Nuveen California AMT-Free Quality Municipalome Fund Net Margin % Chart
Nuveen California AMT-Free Quality Municipalome Fund Annual Data
* 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.
Nuveen California AMT-Free Quality Municipalome Fund Net Margin % vs Asset Management Industry
* 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.
Nuveen California AMT-Free Quality Municipalome Fund (NKX) has a Net Margin % of 97.48% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on Nuveen California AMT-Free Quality Municipalome Fund and its competitors. This is near median its historical median of 95.41. Over the past decade, Nuveen California AMT-Free Quality Municipalome Fund's Net Margin % has ranged from 35.14 to 199.50. According to the industry distribution chart, Nuveen California AMT-Free Quality Municipalome Fund ranks #760 out of 1571 companies in the Asset Management industry, placing it in the top 48.4%.
Is Nuveen California AMT-Free Quality Municipalome Fund's Net Margin % too high?
Nuveen California AMT-Free Quality Municipalome Fund's current Net Margin % of 97.48% is near median its 10-year median of 95.41. Over the past 10 years, this metric has ranged from a low of 35.14 to a high of 199.50. The Asset Management industry median Net Margin % is 85.46. Nuveen California AMT-Free Quality Municipalome Fund's value of 97.48% is 14.1% above this industry median. Based on the distribution chart, Nuveen California AMT-Free Quality Municipalome Fund ranks #760 out of 1571 companies in the Asset Management industry, which is above the industry midpoint. Overall, Nuveen California AMT-Free Quality Municipalome Fund has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen California AMT-Free Quality Municipalome Fund's Net Margin % compare to BOT and NMFC?
According to the Asset Management industry distribution chart, Nuveen California AMT-Free Quality Municipalome Fund ranks #760 out of 1571 companies for Net Margin %. This puts Nuveen California AMT-Free Quality Municipalome Fund in the upper half of its industry. The industry median Net Margin % is 85.46. Nuveen California AMT-Free Quality Municipalome Fund's value of 97.48% is 14.1% above this benchmark. Historically, Nuveen California AMT-Free Quality Municipalome Fund's own Net Margin % has ranged from 35.14 to 199.50 over the past decade. While the company's 10-year median is 95.41 vs. the industry median of 85.46, Nuveen California AMT-Free Quality Municipalome 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 85.46, 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. Nuveen California AMT-Free Quality Municipalome Fund's current Net Margin % of 97.48% is 14.1% 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 Nuveen California AMT-Free Quality Municipalome Fund and its competitors. For the Asset Management industry, the median Net Margin % is 85.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen California AMT-Free Quality Municipalome Fund's current Net Margin % is 97.48%, which is near median its own 10-year median of 95.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen California AMT-Free Quality Municipalome Fund stock overvalued right now?
Nuveen California AMT-Free Quality Municipalome Fund (NKX) has a current Net Margin % of 97.48%. The current Net Margin % is 97.48%, which is near median its 10-year median of 95.41 and 14.1% above the Asset Management industry median of 85.46. Nuveen California AMT-Free Quality Municipalome Fund's overall GF Score™ is 33/100 with 7 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 Nuveen California AMT-Free Quality Municipalome Fund (NKX), the current Net Margin % is 97.48% as of Feb. 2026. 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.
Nuveen California AMT-Free Quality Municipalome Fund Business Description
Nuveen California AMT-Free Quality Municipal Income Fund is a closed-end fixed income mutual fund. The Fund's primary investment objective is current income exempt from both regular federal income taxes and Arizona individual income taxes and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Fund's investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued. It invests across sectors such as healthcare, utilities, transportation, and housing.
33GF Score
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