EVT (EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND) Operating Income: $496.3 Mil (TTM As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

EVT EATON VANCE TAX ADVANTAGED DIVIDEND INCOME FUND EVT
52 GF Score
Price $28.48
GF Value $23.04
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND Operating Income?

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND EVT +1.46% 52 Operating Income is $496.3 Mil as of Apr. 2026. GuruFocus rates EVT with a GF Score™ of 52/100 and a GF Value™ of $23.04 (Modestly Overvalued). The stock has 6 warning signs investors should review.

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Operating Income for the six months ended in Apr. 2026 was $214.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was $496.3 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Operating Income for the six months ended in Apr. 2026 was $214.7 Mil. EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Revenue for the six months ended in Apr. 2026 was $129.9 Mil. Therefore, EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Operating Margin % for the quarter that ended in Apr. 2026 was 165.23%.

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's annualized ROC % for the quarter that ended in Apr. 2026 was 17.08%. EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was %.


EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND  (NYSE:EVT) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=429.383102 * ( 1 - 0% )/( (2456.369838 + 2572.567077)/ 2 )
=429.383102/2514.4684575
=17.08 %

where

Invested Capital(Q: Oct. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2467.957147 - 2.253342 - ( 11.659569 - max(0, 21.491415 - 30.825382+11.659569))
=2456.369838

Invested Capital(Q: Apr. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2582.052855 - 2.169732 - ( 7.316046 - max(0, 4.190411 - 13.95162+7.316046))
=2572.567077

Note: The Operating Income data used here is two times the semi-annual (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=429.39435/( ( (0 + max(-21.491415, 0)) + (0 + max(-4.190411, 0)) )/ 2 )
=429.39435/( ( 0 + 0 )/ 2 )
=429.39435/0
= %

where Working Capital is:

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + 0 + ) - (2.253342 + 0 + 19.238073)
=-21.491415

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + 0 + ) - (2.169732 + 0 + 2.020679)
=-4.190411

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Apr. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=214.691551/129.937751
=165.23 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND Operating Income Related Terms


EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND Operating Income Historical Data

* Premium members only.

The historical data trend for EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Operating Income 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.

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND Operating Income Chart

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND Annual Data
Trend Aug16 Aug17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 693.25 -203.26 -8.67 520.44 208.54

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND Semi-Annual Data
Feb14 Feb15 Aug15 Feb17 Aug17 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 371.72 148.72 -73.06 281.60 214.69
EVT
52GF Score
EATON VANCE TAX ADVANTAGED DIVIDEND INCOME FUND EVT
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $496.3 Mil.

* 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $496.3 Mil mean?
EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND (EVT) has a Operating Income of $496.3 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND and its competitors.
Is EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Operating Income too high?
EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's current Operating Income is $496.3 Mil. Overall, EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Operating Income compare to BSTZ and GOF?
EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's Operating Income of $496.3 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Asset Management company?
A good Operating Income depends on the Asset Management industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND and its competitors. EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's current Operating Income is $496.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND stock overvalued right now?
Based on GuruFocus' analysis, EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND (EVT) is currently considered Modestly Overvalued. The stock's GF Value™ is $23.04, compared to a current price of $28.48 — trading 23.6% above its estimated fair value. The current Operating Income is $496.3 Mil. EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND's overall GF Score™ is 52/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND (EVT), the current Operating Income is $496.3 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND (EVT) Overvalued in 2026?

Based on GuruFocus' analysis, EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND stock appears to be overvalued. The current stock price of $28.48 is trading 23.6% above its estimated GF Value™ of $23.04. GuruFocus considers EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND to be Modestly Overvalued.

Key valuation signals for EVT:

  • Operating Income: $496.3 Mil
  • GF Value™: $23.04 vs. price of $28.48 (23.6% above fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the EVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


EATON VANCE TAX ADVANTAGED DIVIDENDOME FUND Business Description

Address One Post Office Square, Boston, MA, USA, 02109
EATON VANCE TAX ADVANTAGED DIVIDEND INCOME FUND is a diversified, closed-end management investment company. Its objective is to provide a high level of after-tax total return consisting mainly of tax-advantaged dividend income and capital appreciation. The fund pursues its objective by investing in dividend-paying common and preferred stocks. Its portfolio of investments consists of electric utilities, energy equipment and services, food products, health care providers and services, internet software and services, and other areas.
52GF Score

Get the complete analysis for EVT

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$28.48
Price
$23.04
GF Value