SRV (NXG Cushing Midstream Energy Fund) Net Margin %: 97.67% (As of Nov. 2025) — Near Median


SRV NXG Cushing Midstream Energy Fund SRV
30 GF Score
Price $49.36
GF Value $4.09
Valuation Significantly Overvalued
! 8 Warning Signs
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What is NXG Cushing Midstream Energy Fund Net Margin %?

NXG Cushing Midstream Energy Fund SRV +1.84% 30 Net Margin % is 97.67% as of Nov. 2025, which is 0% below its 10-year median of 98.00. GuruFocus rates SRV with a GF Score™ of 30/100 and a GF Value™ of $4.09 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,579 Asset Management companies, NXG Cushing Midstream Energy Fund ranks worse than 53.51% on this metric.

Net margin is calculated as Net Income divided by its Revenue. NXG Cushing Midstream Energy Fund's Net Income for the six months ended in Nov. 2025 was $25.37 Mil. NXG Cushing Midstream Energy Fund's Revenue for the six months ended in Nov. 2025 was $25.97 Mil. Therefore, NXG Cushing Midstream Energy Fund's net margin for the quarter that ended in Nov. 2025 was 97.67%.

The historical rank and industry rank for NXG Cushing Midstream Energy Fund's Net Margin % or its related term are showing as below:

SRV' s Net Margin % Range Over the Past 10 Years
Min: 57.76   Med: 98   Max: 110.54
Current: 78.88


SRV's Net Margin % is ranked worse than
53.51% of 1579 companies
in the Asset Management industry
Industry Median: 84.88 vs SRV: 78.88

NXG Cushing Midstream Energy Fund  (NYSE:SRV) 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.


NXG Cushing Midstream Energy Fund Net Margin % Related Terms


NXG Cushing Midstream Energy Fund Net Margin % Historical Data

* Premium members only.

The historical data trend for NXG Cushing Midstream Energy Fund'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.

NXG Cushing Midstream Energy Fund Net Margin % Chart

NXG Cushing Midstream Energy Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Net Margin %
Get a 7-Day Free Trial Premium Member Only 98.68 98.11 89.77 98.00 78.90

NXG Cushing Midstream Energy Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 98.63 99.47 97.13 102.12 97.67

SRV vs NPV, TSI, MFM: Net Margin % Comparison

For the Asset Management subindustry, NXG Cushing Midstream Energy Fund'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.


NXG Cushing Midstream Energy Fund Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, NXG Cushing Midstream Energy Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where NXG Cushing Midstream Energy Fund's Net Margin % falls into.


SRV
30GF Score
NXG Cushing Midstream Energy Fund SRV
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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NXG Cushing Midstream Energy Fund 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.

NXG Cushing Midstream Energy Fund's Net Margin for the fiscal year that ended in Nov. 2025 is calculated as

Net Margin=Net Income (A: Nov. 2025 )/Revenue (A: Nov. 2025 )
=3.918/4.966
=78.90 %

NXG Cushing Midstream Energy Fund's Net Margin for the quarter that ended in Nov. 2025 is calculated as

Net Margin=Net Income (Q: Nov. 2025 )/Revenue (Q: Nov. 2025 )
=25.37/25.974
=97.67 %

* 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 97.67% mean?
NXG Cushing Midstream Energy Fund (SRV) has a Net Margin % of 97.67% as of Nov. 2025. Net margin is the ratio of total net income to net sales. View historical data on NXG Cushing Midstream Energy Fund and its competitors. This is near median its historical median of 98.00. Over the past decade, NXG Cushing Midstream Energy Fund's Net Margin % has ranged from 57.76 to 110.54. According to the industry distribution chart, NXG Cushing Midstream Energy Fund ranks #845 out of 1579 companies in the Asset Management industry, placing it in the top 53.5%.
Is NXG Cushing Midstream Energy Fund's Net Margin % too high?
NXG Cushing Midstream Energy Fund's current Net Margin % of 97.67% is near median its 10-year median of 98.00. Over the past 10 years, this metric has ranged from a low of 57.76 to a high of 110.54. The Asset Management industry median Net Margin % is 84.88. NXG Cushing Midstream Energy Fund's value of 97.67% is 15.1% above this industry median. Based on the distribution chart, NXG Cushing Midstream Energy Fund ranks #845 out of 1579 companies in the Asset Management industry, which is below the industry midpoint. Overall, NXG Cushing Midstream Energy Fund has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NXG Cushing Midstream Energy Fund's Net Margin % compare to NPV and TSI?
According to the Asset Management industry distribution chart, NXG Cushing Midstream Energy Fund ranks #845 out of 1579 companies for Net Margin %. This places NXG Cushing Midstream Energy Fund in the lower half of its industry. The industry median Net Margin % is 84.88. NXG Cushing Midstream Energy Fund's value of 97.67% is 15.1% above this benchmark. Historically, NXG Cushing Midstream Energy Fund's own Net Margin % has ranged from 57.76 to 110.54 over the past decade. While the company's 10-year median is 98.00 vs. the industry median of 84.88, NXG Cushing Midstream Energy 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 84.88, based on 1,579 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. NXG Cushing Midstream Energy Fund's current Net Margin % of 97.67% is 15.1% 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 NXG Cushing Midstream Energy Fund and its competitors. For the Asset Management industry, the median Net Margin % is 84.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NXG Cushing Midstream Energy Fund's current Net Margin % is 97.67%, which is near median its own 10-year median of 98.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NXG Cushing Midstream Energy Fund stock overvalued right now?
Based on GuruFocus' analysis, NXG Cushing Midstream Energy Fund (SRV) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.09, compared to a current price of $49.36 — trading 1106.8% above its estimated fair value. The current Net Margin % is 97.67%, which is near median its 10-year median of 98.00 and 15.1% above the Asset Management industry median of 84.88. NXG Cushing Midstream Energy Fund's overall GF Score™ is 30/100 with 8 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 NXG Cushing Midstream Energy Fund (SRV), the current Net Margin % is 97.67% as of Nov. 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.

Is NXG Cushing Midstream Energy Fund (SRV) Overvalued in 2026?

Based on GuruFocus' analysis, NXG Cushing Midstream Energy Fund stock appears to be overvalued. The current stock price of $49.36 is trading 1106.8% above its estimated GF Value™ of $4.09. GuruFocus considers NXG Cushing Midstream Energy Fund to be Significantly Overvalued.

Key valuation signals for SRV:

  • Net Margin %: 97.67% (near median its 10-year median of 98.00)
  • GF Value™: $4.09 vs. price of $49.36 (1106.8% above fair value)
  • GF Score™: 30/100 with 8 warning signs
  • Industry Position: 15.1% above the Asset Management median (#845 of 1579)

No single metric tells the full story. See the SRV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NXG Cushing Midstream Energy Fund Business Description

Address 4925 Greenville Avenue, Suite 1310, Dallas, TX, USA, 75206
NXG Cushing Midstream Energy Fund is a non-diversified, closed-end investment company. Its investment objective is to obtain a high after-tax total return from a combination of capital appreciation and current income. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in a portfolio of midstream energy investments.
30GF Score

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

$49.36
Price
$4.09
GF Value