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Eaton Vance Floating-rateome Trust (Eaton Vance Floating-rateome Trust) Net Margin % : 99.05% (As of Nov. 2023)


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What is Eaton Vance Floating-rateome Trust Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Eaton Vance Floating-rateome Trust's Net Income for the six months ended in Nov. 2023 was $31.90 Mil. Eaton Vance Floating-rateome Trust's Revenue for the six months ended in Nov. 2023 was $32.20 Mil. Therefore, Eaton Vance Floating-rateome Trust's net margin for the quarter that ended in Nov. 2023 was 99.05%.

The historical rank and industry rank for Eaton Vance Floating-rateome Trust's Net Margin % or its related term are showing as below:

EFT' s Net Margin % Range Over the Past 10 Years
Min: 96.01   Med: 98.34   Max: 104.97
Current: 98.81


EFT's Net Margin % is ranked better than
75.18% of 1668 companies
in the Asset Management industry
Industry Median: 86.62 vs EFT: 98.81

Eaton Vance Floating-rateome Trust Net Margin % Historical Data

The historical data trend for Eaton Vance Floating-rateome Trust'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.

Eaton Vance Floating-rateome Trust Net Margin % Chart

Eaton Vance Floating-rateome Trust Annual Data
Trend May18 May19 May20 May21 May22 May23
Net Margin %
Get a 7-Day Free Trial 96.01 101.29 98.99 104.97 96.44

Eaton Vance Floating-rateome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.76 101.67 110.65 98.37 99.05

Competitive Comparison of Eaton Vance Floating-rateome Trust's Net Margin %

For the Asset Management subindustry, Eaton Vance Floating-rateome Trust'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.


Eaton Vance Floating-rateome Trust's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Floating-rateome Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Eaton Vance Floating-rateome Trust's Net Margin % falls into.



Eaton Vance Floating-rateome Trust 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.

Eaton Vance Floating-rateome Trust's Net Margin for the fiscal year that ended in May. 2023 is calculated as

Net Margin=Net Income (A: May. 2023 )/Revenue (A: May. 2023 )
=14.923/15.474
=96.44 %

Eaton Vance Floating-rateome Trust's Net Margin for the quarter that ended in Nov. 2023 is calculated as

Net Margin=Net Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=31.898/32.204
=99.05 %

* 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.


Eaton Vance Floating-rateome Trust  (NYSE:EFT) 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.


Eaton Vance Floating-rateome Trust Net Margin % Related Terms

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


Eaton Vance Floating-rateome Trust (Eaton Vance Floating-rateome Trust) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Floating-rate Income Trust is a closed-end management investment company. The company's objective is to provide a high level of current income and its secondary objective is capital appreciation.
Executives
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Sarah Anne Choi other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Catherine Mcdermott other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109
Andrew Sveen other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109