UTG (Reaves Utilityome Fund) Net Margin %: 99.53% (As of Oct. 2025) — Near Median


UTG Reaves Utility Income Fund UTG
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What is Reaves Utilityome Fund Net Margin %?

Reaves Utilityome Fund UTG -0.20% 24 Net Margin % is 99.53% as of Oct. 2025, which is 1% above its 10-year median of 98.56. GuruFocus rates UTG with a GF Score™ of 24/100. The stock has 8 warning signs investors should review. Among 1,570 Asset Management companies, Reaves Utilityome Fund ranks better than 79.3% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Reaves Utilityome Fund's Net Income for the six months ended in Oct. 2025 was $669.4 Mil. Reaves Utilityome Fund's Revenue for the six months ended in Oct. 2025 was $672.6 Mil. Therefore, Reaves Utilityome Fund's net margin for the quarter that ended in Oct. 2025 was 99.53%.

The historical rank and industry rank for Reaves Utilityome Fund's Net Margin % or its related term are showing as below:

UTG' s Net Margin % Range Over the Past 10 Years
Min: 83.46   Med: 98.56   Max: 106.41
Current: 99.23


UTG's Net Margin % is ranked better than
79.3% of 1570 companies
in the Asset Management industry
Industry Median: 85.22 vs UTG: 99.23

Reaves Utilityome Fund  (AMEX:UTG) 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.


Reaves Utilityome Fund Net Margin % Related Terms


Reaves Utilityome Fund Net Margin % Historical Data

* Premium members only.

The historical data trend for Reaves Utilityome 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.

Reaves Utilityome Fund Net Margin % Chart

Reaves Utilityome Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.28 103.51 106.41 99.44 99.23

Reaves Utilityome Fund Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 100.92 98.91 99.61 97.23 99.53

UTG vs NEA, CNS, HLNE: Net Margin % Comparison

For the Asset Management subindustry, Reaves Utilityome 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.


Reaves Utilityome Fund Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Reaves Utilityome Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Reaves Utilityome Fund's Net Margin % falls into.


UTG
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Reaves Utility Income Fund UTG
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Reaves Utilityome 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.

Reaves Utilityome Fund's Net Margin for the fiscal year that ended in Oct. 2025 is calculated as

Net Margin=Net Income (A: Oct. 2025 )/Revenue (A: Oct. 2025 )
=769.146/775.14
=99.23 %

Reaves Utilityome Fund's Net Margin for the quarter that ended in Oct. 2025 is calculated as

Net Margin=Net Income (Q: Oct. 2025 )/Revenue (Q: Oct. 2025 )
=669.415/672.57
=99.53 %

* 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 99.53% mean?
Reaves Utilityome Fund (UTG) has a Net Margin % of 99.53% as of Oct. 2025. Net margin is the ratio of total net income to net sales. View historical data on Reaves Utilityome Fund and its competitors. This is near median its historical median of 98.56. Over the past decade, Reaves Utilityome Fund's Net Margin % has ranged from 83.46 to 106.41. According to the industry distribution chart, Reaves Utilityome Fund ranks #325 out of 1570 companies in the Asset Management industry, placing it in the top 20.7%.
Is Reaves Utilityome Fund's Net Margin % too high?
Reaves Utilityome Fund's current Net Margin % of 99.53% is near median its 10-year median of 98.56. Over the past 10 years, this metric has ranged from a low of 83.46 to a high of 106.41. The Asset Management industry median Net Margin % is 85.22. Reaves Utilityome Fund's value of 99.53% is 16.8% above this industry median. Based on the distribution chart, Reaves Utilityome Fund ranks #325 out of 1570 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Reaves Utilityome Fund has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Reaves Utilityome Fund's Net Margin % compare to NEA and CNS?
According to the Asset Management industry distribution chart, Reaves Utilityome Fund ranks #325 out of 1570 companies for Net Margin %. This places Reaves Utilityome Fund in the top 21% of its industry — outperforming the majority of peers. The industry median Net Margin % is 85.22. Reaves Utilityome Fund's value of 99.53% is 16.8% above this benchmark. Historically, Reaves Utilityome Fund's own Net Margin % has ranged from 83.46 to 106.41 over the past decade. While the company's 10-year median is 98.56 vs. the industry median of 85.22, Reaves Utilityome 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 85.22, based on 1,570 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. Reaves Utilityome Fund's current Net Margin % of 99.53% is 16.8% 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 Reaves Utilityome Fund and its competitors. For the Asset Management industry, the median Net Margin % is 85.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reaves Utilityome Fund's current Net Margin % is 99.53%, which is near median its own 10-year median of 98.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reaves Utilityome Fund stock overvalued right now?
Reaves Utilityome Fund (UTG) has a current Net Margin % of 99.53%. The current Net Margin % is 99.53%, which is near median its 10-year median of 98.56 and 16.8% above the Asset Management industry median of 85.22. Reaves Utilityome Fund's overall GF Score™ is 24/100 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 Reaves Utilityome Fund (UTG), the current Net Margin % is 99.53% as of Oct. 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.

Reaves Utilityome Fund Business Description

Address 1700 Broadway, Suite 2100, Denver, CO, USA, 80290
Reaves Utility Income Fund is a closed-end management investment company. The company's investment objective is to provide a high level of after-tax income and total return consisting of tax-advantaged dividend income and capital appreciation. It invests a portion of its total assets in securities of utility companies, which may include companies in the electric, gas, water, telecommunications sectors, as well as other companies engaged in other infrastructure operations.
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