DTFTax-Freeome (DTFTax-Freeome) Net Margin %

: 109.65% (As of Oct. 2023)

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Net margin is calculated as Net Income divided by its Revenue. DTFTax-Freeome's Net Income for the six months ended in Oct. 2023 was $-2.70 Mil. DTFTax-Freeome's Revenue for the six months ended in Oct. 2023 was $-2.47 Mil. Therefore, DTFTax-Freeome's net margin for the quarter that ended in Oct. 2023 was 109.65%.

The historical rank and industry rank for DTFTax-Freeome's Net Margin % or its related term are showing as below:

DTF' s Net Margin % Range Over the Past 10 Years
Min: 65.58 Med: 87.83 Max: 117.03
Current: 86.05

DTF's Net Margin % is ranked better than
50.12% of 1670 companies
in the Asset Management industry
Industry Median: 85.935 vs DTF: 86.05

DTFTax-Freeome Net Margin % Historical Data

The historical data trend for DTFTax-Freeome'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.

DTFTax-Freeome Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Net Margin %

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96.27

87.83

77.23

102.33

86.05

DTFTax-Freeome Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Net Margin %	Get a 7-Day Free Trial								198.89	101.85	103.18	95.68	109.65

Competitive Comparison

For the Asset Management subindustry, DTFTax-Freeome'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.

DTFTax-Freeome Net Margin % Distribution

For the Asset Management industry and Financial Services sector, DTFTax-Freeome's Net Margin % distribution charts can be found below:

* The bar in red indicates where DTFTax-Freeome's Net Margin % falls into.

DTFTax-Freeome 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.

DTFTax-Freeome's Net Margin for the fiscal year that ended in Oct. 2023 is calculated as

Net Margin	=	Net Income (A: Oct. 2023 )	/	Revenue (A: Oct. 2023 )
	=	3.079	/	3.578
	=	86.05 %

DTFTax-Freeome's Net Margin for the quarter that ended in Oct. 2023 is calculated as

Net Margin	=	Net Income (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	-2.704	/	-2.466
	=	109.65 %

DTFTax-Freeome (NYSE:DTF) 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.

DTFTax-Freeome Net Margin % Related Terms

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

DTFTax-Freeome (DTFTax-Freeome) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » DTFTax-Free Income Inc (NYSE:DTF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 South Wacker Drive, Suite 1900, Chicago, IL, USA, 60606

Website

https://www.dpimc.com

DTFTax-Free Income Inc is a diversified, closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax consistent with preservation of capital. The fund seeks to achieve its investment objective by investing in a diversified portfolio of investment-grade tax-exempt obligations.

Executives

Grumhaus David D Jr.	other: Officer of Investment Adviser	200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Mareile B. Cusack	director	DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Timothy P. Riordan	officer: Vice President	DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Kathleen Hegyi	officer: CCO	C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 SOUTH WACKER DRIVE, CHICAGO IL 60606
Dusty L. Self	officer: Vice President	VIRTUS INVESTMENT PARTNERS, INC., 301 EAST PINE STREET, SUITE 500, ORLANDO FL 32801
Ronald H. Schwartz	officer: Vice President	VIRTUS INVESTMENT PARTNERS, INC., 301 EAST PINE STREET, SUITE 500, ORLANDO FL 32801
Wells Fargo & Company/mn	10 percent owner	420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Jpmorgan Chase Bank, N.a.	10 percent owner	1111 POLARIS PARKWAY, COLUMBUS OH 43240
George W Karpus	other: See Explanation of Responses
Karpus Management, Inc.	10 percent owner	183 SULLY'S TRAIL, PITTSFORD NY 14534
Lisa Leonard	officer: Vice President	GATEWAY CENTER THREE, 1100 MUBERRY STREET, 4TH FLOOR, NEWARK NJ 07102
Timothy M Heaney	officer: VP & Chief Investment Officer	GATEWAY CENTER THREE, 1100 MUBERRY STREET, 4TH FLOOR, NEWARK NJ 07102
Hoffman Clifford W. Jr.	director	C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 E. WACKER DR., CHICAGO IL 60606
Wells Fargo Bank N A	10 percent owner	101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Wells Fargo Municipal Capital Strategies, Llc	10 percent owner	375 PARK AVENUE, NEW YORK NY 10152

DTFTax-Freeome (DTFTax-Freeome) Headlines

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