GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Salient Midstream & MLP Fund (NYSE:SMM) » Definitions » Net Margin %

Salient Midstream & MLP Fund (Salient Midstream & MLP Fund) Net Margin % : 97.95% (As of May. 2022)


View and export this data going back to . Start your Free Trial

What is Salient Midstream & MLP Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Salient Midstream & MLP Fund's Net Income for the six months ended in May. 2022 was $42.06 Mil. Salient Midstream & MLP Fund's Revenue for the six months ended in May. 2022 was $42.94 Mil. Therefore, Salient Midstream & MLP Fund's net margin for the quarter that ended in May. 2022 was 97.95%.

The historical rank and industry rank for Salient Midstream & MLP Fund's Net Margin % or its related term are showing as below:


SMM's Net Margin % is not ranked *
in the Asset Management industry.
Industry Median: 86.62
* Ranked among companies with meaningful Net Margin % only.

Salient Midstream & MLP Fund Net Margin % Historical Data

The historical data trend for Salient Midstream & MLP 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.

* Premium members only.

Salient Midstream & MLP Fund Net Margin % Chart

Salient Midstream & MLP Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21
Net Margin %
99.68 118.58 108.00 102.81 97.13

Salient Midstream & MLP Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.45 32.80 98.54 79.76 97.95

Competitive Comparison of Salient Midstream & MLP Fund's Net Margin %

For the Asset Management subindustry, Salient Midstream & MLP 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.


Salient Midstream & MLP Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Salient Midstream & MLP Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Salient Midstream & MLP Fund's Net Margin % falls into.



Salient Midstream & MLP 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.

Salient Midstream & MLP Fund's Net Margin for the fiscal year that ended in Nov. 2021 is calculated as

Net Margin=Net Income (A: Nov. 2021 )/Revenue (A: Nov. 2021 )
=37.946/39.069
=97.13 %

Salient Midstream & MLP Fund's Net Margin for the quarter that ended in May. 2022 is calculated as

Net Margin=Net Income (Q: May. 2022 )/Revenue (Q: May. 2022 )
=42.063/42.943
=97.95 %

* 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.


Salient Midstream & MLP Fund  (NYSE:SMM) 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.


Salient Midstream & MLP Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of Salient Midstream & MLP Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Salient Midstream & MLP Fund (Salient Midstream & MLP Fund) Business Description

Traded in Other Exchanges
N/A
Address
4265 San Felipe, 8th Floor, Houston, TX, USA, 77027
Salient Midstream & MLP Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide a high level of total return with an emphasis on making quarterly cash distributions to its common shareholders. The fund seeks to achieve its investment objective by investing a majority of its assets in securities of midstream companies and master limited partnerships.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Stephen W Leonhardt officer: Principal Financial Officer 4265 SAN FELIPE STREET 8TH FLOOR HOUSTON TX 77027
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
John A Blaisdell director 4265 SAN FELIPE STREET 8TH FLOOR HOUSTON TX 77027
Gregory Allen Reid director, officer: President and CEO 4265 SAN FELIPE 8TH FLOOR HOUSTON TX 77027
Thomas Alan Dusenberry officer: Assistant Treasurer 4265 SAN FELIPE STREET 8TH FLOOR HOUSTON TX 77027
Jonathan P Carroll director 4265 SAN FELIPE, 8TH FLOOR, HOUSTON TX 77027
Julie Allecta director C/O SALIENT MIDSTREAM & MLP FUND 4265 SAN FELIPE STE 800 HOUSTON TX 77027
Gambs Arthur John Iii director C/O SALIENT MIDSTREAM & MLP FUND 4265 SAN FELIPE STE 800 HOUSTON TX 77027
Haig G. Mardikian director C/O SALIENT MIDSTREAM & MLP FUND 4265 SAN FELIPE STE 800 HOUSTON TX 77027
Kristen Lindsay Bayazitoglu officer: Secretary 4265 SAN FELIPE STREET 8TH FLOOR HOUSTON TX 77027
Matthew Scott Hibbetts officer: Vice President 4265 SAN FELIPE STREET 8TH FLOOR HOUSTON TX 77027
Barbara Tolle officer: Principal Financial Officer 345 CALIFORNIA STREET SUITE 1600 SAN FRANCISCO CA 94104
Christopher Robert Arnold officer: Principal Financial Officer 4444 WESTHEIMER RD. SUITE G500 HOUSTON TX 77027
John E Price officer: Principal Financial Officer 4265 SAN FELIPE 8TH FLOOR HOUSTON TX 77027

Salient Midstream & MLP Fund (Salient Midstream & MLP Fund) Headlines