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Eagle Point Credit Co (Eagle Point Credit Co) Net Margin %

: 98.31% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Eagle Point Credit Co's Net Income for the six months ended in Dec. 2023 was $91.2 Mil. Eagle Point Credit Co's Revenue for the six months ended in Dec. 2023 was $92.8 Mil. Therefore, Eagle Point Credit Co's net margin for the quarter that ended in Dec. 2023 was 98.31%.

The historical rank and industry rank for Eagle Point Credit Co's Net Margin % or its related term are showing as below:

ECC' s Net Margin % Range Over the Past 10 Years
Min: 88.7   Med: 96.79   Max: 161.8
Current: 96.79


ECC's Net Margin % is ranked better than
67.17% of 1672 companies
in the Asset Management industry
Industry Median: 86.05 vs ECC: 96.79

Eagle Point Credit Co Net Margin % Historical Data

The historical data trend for Eagle Point Credit Co'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.

Eagle Point Credit Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only 161.80 95.05 93.62 109.79 96.79

Eagle Point Credit Co Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 92.67 104.16 82.05 92.06 98.31

Competitive Comparison

For the Asset Management subindustry, Eagle Point Credit Co'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.


Eagle Point Credit Co Net Margin % Distribution

For the Asset Management industry and Financial Services sector, Eagle Point Credit Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Eagle Point Credit Co's Net Margin % falls into.



Eagle Point Credit Co 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.

Eagle Point Credit Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=118.752/122.688
=96.79 %

Eagle Point Credit Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=91.234/92.798
=98.31 %

* 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.


Eagle Point Credit Co  (NYSE:ECC) 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.


Eagle Point Credit Co Net Margin % Related Terms

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


Eagle Point Credit Co (Eagle Point Credit Co) Business Description

Traded in Other Exchanges
N/A
Address
600 Steamboat Road, Suite 202, Greenwich, CT, USA, 06830
Eagle Point Credit Co Inc is an externally managed, non-diversified closed-end management investment company.
Executives
Trident Ecc Aggregator Lp 10 percent owner C/O STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Trident Capital Ix, L.p. 10 percent owner STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Kenneth P. Onorio officer: CFO / CCO / Secretary 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Thomas P. Majewski director, officer: Chief Executive Officer, other: Portfolio Manager 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Oa Eagle Group Investors, Llc other: See Remarks below 126 OTTAWA AVENUE NW, STE 500, GRAND RAPIDS MI 49503
Oa Eagle Group Investors Ii, Llc other: See Remarks below 126 OTTAWA AVENUE NW, STE 500, GRAND RAPIDS MI 49503
Ottawa Avenue Private Capital, Llc other: See Remarks below 126 OTTAWA AVENUE, NW, SUITE 500, GRAND RAPIDS MI 49503
Scott Johnathan Bronner other: Affiliate of Adviser C/O STONE POINT CAPITAL, 20 HORSENECK LANE, GREENWICH CT 06830
Kevin F. Mcdonald director 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Scott W. Appleby director 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Nauman S. Malik other: General Counsel of Inv. Adv. 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Paul E. Tramontano director 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Daniel M. Spinner other: Portfolio Manager 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Jerry L Tubergen other: See Remarks below
Eagle Point Credit Management Llc other: Investment Adviser 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830

Eagle Point Credit Co (Eagle Point Credit Co) Headlines

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