Gabelli Healthcare & WellnessRx Trust (Gabelli Healthcare & WellnessRx Trust) Net Margin %

: 110.34% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Gabelli Healthcare & WellnessRx Trust's Net Income for the six months ended in Dec. 2023 was $-4.38 Mil. Gabelli Healthcare & WellnessRx Trust's Revenue for the six months ended in Dec. 2023 was $-3.97 Mil. Therefore, Gabelli Healthcare & WellnessRx Trust's net margin for the quarter that ended in Dec. 2023 was 110.34%.

The historical rank and industry rank for Gabelli Healthcare & WellnessRx Trust's Net Margin % or its related term are showing as below:

GRX' s Net Margin % Range Over the Past 10 Years
Min: 34.11 Med: 98.27 Max: 148.86
Current: 34.11

GRX's Net Margin % is ranked worse than
67.6% of 1670 companies
in the Asset Management industry
Industry Median: 85.935 vs GRX: 34.11

Gabelli Healthcare & WellnessRx Trust Net Margin % Historical Data

The historical data trend for Gabelli Healthcare & WellnessRx 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.

Gabelli Healthcare & WellnessRx Trust Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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98.88

96.70

98.27

101.56

34.11

Gabelli Healthcare & WellnessRx Trust Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial								97.20	100.87	180.05	92.18	110.34

Competitive Comparison

For the Asset Management subindustry, Gabelli Healthcare & WellnessRx 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.

Gabelli Healthcare & WellnessRx Trust Net Margin % Distribution

For the Asset Management industry and Financial Services sector, Gabelli Healthcare & WellnessRx Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Gabelli Healthcare & WellnessRx Trust's Net Margin % falls into.

Gabelli Healthcare & WellnessRx 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.

Gabelli Healthcare & WellnessRx Trust'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 )
	=	0.423	/	1.24
	=	34.11 %

Gabelli Healthcare & WellnessRx Trust'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 )
	=	-4.375	/	-3.965
	=	110.34 %

Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) 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.

Gabelli Healthcare & WellnessRx Trust Net Margin % Related Terms

Thank you for viewing the detailed overview of Gabelli Healthcare & WellnessRx Trust's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Gabelli Healthcare & WellnessRx Trust (Gabelli Healthcare & WellnessRx Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

Gabelli Healthcare & WellnessRx Trust operates as a diversified closed-end management investment company. The investment objective of the fund is the long-term growth of capital. The fund invests at least 80% of its assets in equity securities and income-producing securities of domestic & foreign companies in the healthcare and wellness industries. It invests in various sectors, of which Health Care Providers & Services, Food, Health Care Equipment and Supplies, and Pharmaceuticals account for the majority of the weightage.

Executives

Mario J Gabelli	director	191 MASON STREET, GREENWICH CT 06830
Agnes Mullady	director	ONE CORPORATE CENTER, RYE NY 10580
Calgary Avansino	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Leslie Fahrenkopf Foley	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Jonas Jeffrey J. Jr	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein	officer: Secretary	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn	director
John Chester Ball	officer: Treasurer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Kuni Nakamura	director	1 MARTIN BUTLER COURT, RYE NY 10580
Joseph H Egan	officer: Treasurer	ONE CORPORATE CENTER, RYE NY 10580
Bruce N Alpert	officer: Acting President/Treasurer	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Thomas E Bratter	director	ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza	director	810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Gpj Retirement Partners, Llc	other: Limited Liability Company	1 CORPORATE CENTER, RYE NY 10580
Mjg Iv Limited Partnership	other: Limited Partnership