RFMZ (RiverNorth Flex Muniome Fund II) Net Margin %: 99.75% (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

RFMZ RiverNorth Flex Muni Income Fund II Inc RFMZ
30 GF Score
Price $13.18
! 4 Warning Signs
View Full Analysis

What is RiverNorth Flex Muniome Fund II Net Margin %?

RiverNorth Flex Muniome Fund II RFMZ -0.23% 30 Net Margin % is 99.75% as of Dec. 2025, which is 0% below its 10-year median of 99.80. GuruFocus rates RFMZ with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 1,574 Asset Management companies, RiverNorth Flex Muniome Fund II ranks better than 51.33% on this metric.

Net margin is calculated as Net Income divided by its Revenue. RiverNorth Flex Muniome Fund II's Net Income for the six months ended in Dec. 2025 was $21.48 Mil. RiverNorth Flex Muniome Fund II's Revenue for the six months ended in Dec. 2025 was $21.54 Mil. Therefore, RiverNorth Flex Muniome Fund II's net margin for the quarter that ended in Dec. 2025 was 99.75%.

The historical rank and industry rank for RiverNorth Flex Muniome Fund II's Net Margin % or its related term are showing as below:

RFMZ' s Net Margin % Range Over the Past 10 Years
Min: 87.38   Med: 99.8   Max: 101.67
Current: 87.38


RFMZ's Net Margin % is ranked better than
51.33% of 1574 companies
in the Asset Management industry
Industry Median: 85.285 vs RFMZ: 87.38

RiverNorth Flex Muniome Fund II  (NYSE:RFMZ) 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.


RiverNorth Flex Muniome Fund II Net Margin % Related Terms


RiverNorth Flex Muniome Fund II Net Margin % Historical Data

* Premium members only.

The historical data trend for RiverNorth Flex Muniome Fund II'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.

RiverNorth Flex Muniome Fund II Net Margin % Chart

RiverNorth Flex Muniome Fund II Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Net Margin %
0.00 100.04 99.50 99.55 101.67

RiverNorth Flex Muniome Fund II Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.77 99.37 99.01 100.89 99.75

RFMZ vs BGT, JOF, PPT: Net Margin % Comparison

For the Asset Management subindustry, RiverNorth Flex Muniome Fund II'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.


RiverNorth Flex Muniome Fund II Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Flex Muniome Fund II's Net Margin % distribution charts can be found below:

* The bar in red indicates where RiverNorth Flex Muniome Fund II's Net Margin % falls into.


RFMZ
30GF Score
RiverNorth Flex Muni Income Fund II Inc RFMZ
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RiverNorth Flex Muniome Fund II 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.

RiverNorth Flex Muniome Fund II's Net Margin for the fiscal year that ended in Jun. 2025 is calculated as

Net Margin=Net Income (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=-14.193/-13.96
=101.67 %

RiverNorth Flex Muniome Fund II'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 )
=21.484/21.538
=99.75 %

* 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 99.75% mean?
RiverNorth Flex Muniome Fund II (RFMZ) has a Net Margin % of 99.75% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on RiverNorth Flex Muniome Fund II and its competitors. This is near median its historical median of 99.80. Over the past decade, RiverNorth Flex Muniome Fund II's Net Margin % has ranged from 87.38 to 101.67. According to the industry distribution chart, RiverNorth Flex Muniome Fund II ranks #766 out of 1574 companies in the Asset Management industry, placing it in the top 48.7%.
Is RiverNorth Flex Muniome Fund II's Net Margin % too high?
RiverNorth Flex Muniome Fund II's current Net Margin % of 99.75% is near median its 10-year median of 99.80. Over the past 10 years, this metric has ranged from a low of 87.38 to a high of 101.67. The Asset Management industry median Net Margin % is 85.29. RiverNorth Flex Muniome Fund II's value of 99.75% is 17% above this industry median. Based on the distribution chart, RiverNorth Flex Muniome Fund II ranks #766 out of 1574 companies in the Asset Management industry, which is above the industry midpoint. Overall, RiverNorth Flex Muniome Fund II has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does RiverNorth Flex Muniome Fund II's Net Margin % compare to BGT and JOF?
According to the Asset Management industry distribution chart, RiverNorth Flex Muniome Fund II ranks #766 out of 1574 companies for Net Margin %. This puts RiverNorth Flex Muniome Fund II in the upper half of its industry. The industry median Net Margin % is 85.29. RiverNorth Flex Muniome Fund II's value of 99.75% is 17% above this benchmark. Historically, RiverNorth Flex Muniome Fund II's own Net Margin % has ranged from 87.38 to 101.67 over the past decade. While the company's 10-year median is 99.80 vs. the industry median of 85.29, RiverNorth Flex Muniome Fund II 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 85.29, based on 1,574 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. RiverNorth Flex Muniome Fund II's current Net Margin % of 99.75% is 17% 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 RiverNorth Flex Muniome Fund II and its competitors. For the Asset Management industry, the median Net Margin % is 85.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiverNorth Flex Muniome Fund II's current Net Margin % is 99.75%, which is near median its own 10-year median of 99.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RiverNorth Flex Muniome Fund II stock overvalued right now?
RiverNorth Flex Muniome Fund II (RFMZ) has a current Net Margin % of 99.75%. The current Net Margin % is 99.75%, which is near median its 10-year median of 99.80 and 17% above the Asset Management industry median of 85.29. RiverNorth Flex Muniome Fund II's overall GF Score™ is 30/100 with 4 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 RiverNorth Flex Muniome Fund II (RFMZ), the current Net Margin % is 99.75% 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.

RiverNorth Flex Muniome Fund II Business Description

Address 360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Flex Muni Income Fund II Inc is a diversified, closed-end management investment company. Its primary investment objective is to seek current income exempt from regular U.S. federal income taxes. The fund's secondary investment objective is total return.
30GF Score

Get the complete analysis for RFMZ

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.18
Price