PEO (Adams Natural Resources Fund) Pre-Tax Income: $162.4 Mil (TTM As of Jun. 2026)

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PEO Adams Natural Resources Fund Inc PEO
55 GF Score
Price $29.30
GF Value $28.76
Valuation Fairly Valued
! 4 Warning Signs
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What is Adams Natural Resources Fund Pre-Tax Income?

Adams Natural Resources Fund PEO +0.34% 55 Pre-Tax Income is $162.4 Mil as of Jun. 2026. GuruFocus rates PEO with a GF Score™ of 55/100 and a GF Value™ of $28.76 (Fairly Valued). The stock has 4 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Adams Natural Resources Fund's pretax income for the six months ended in Jun. 2026 was $120.8 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $162.4 Mil. Adams Natural Resources Fund's pretax margin was 98.30%.

During the past 9 years, Adams Natural Resources Fund's highest Pretax Margin was 104.09%. The lowest was 71.23%. And the median was 93.49%.


Adams Natural Resources Fund  (NYSE:PEO) Pre-Tax Income Explanation

Adams Natural Resources Fund's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=120.762/122.851
=98.30%

During the past 9 years, Adams Natural Resources Fund's highest Pretax Margin was 104.09%. The lowest was 71.23%. And the median was 93.49%.

* 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.


Adams Natural Resources Fund Pre-Tax Income Related Terms


Adams Natural Resources Fund Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Adams Natural Resources Fund's Pre-Tax 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.

Adams Natural Resources Fund Pre-Tax Income Chart

Adams Natural Resources Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only 154.35 205.49 9.69 30.85 54.76

Adams Natural Resources Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Pre-Tax 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 63.05 -32.20 13.12 41.64 120.76

PEO vs MFIC, MQY, BTO: Pre-Tax Income Comparison

For the Asset Management subindustry, Adams Natural Resources Fund's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Adams Natural Resources Fund Pre-Tax Income vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Adams Natural Resources Fund's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Adams Natural Resources Fund's Pre-Tax Income falls into.


PEO
55GF Score
Adams Natural Resources Fund Inc PEO
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Adams Natural Resources Fund Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Adams Natural Resources Fund's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Other
=0+54.762
=54.8

Adams Natural Resources Fund's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Other
=0+120.762
=120.8

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $162.4 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 Pre-Tax Income →
What does a Pre-Tax Income of $162.4 Mil mean?
Adams Natural Resources Fund (PEO) has a Pre-Tax Income of $162.4 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Adams Natural Resources Fund and its competitors.
Is Adams Natural Resources Fund's Pre-Tax Income too high?
Adams Natural Resources Fund's current Pre-Tax Income is $162.4 Mil. Overall, Adams Natural Resources Fund has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adams Natural Resources Fund's Pre-Tax Income compare to MFIC and MQY?
Adams Natural Resources Fund's Pre-Tax Income of $162.4 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 Pre-Tax Income for an Asset Management company?
A good Pre-Tax Income depends on the Asset Management industry context. However, Pre-Tax 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Adams Natural Resources Fund and its competitors. Adams Natural Resources Fund's current Pre-Tax Income is $162.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adams Natural Resources Fund stock overvalued right now?
Based on GuruFocus' analysis, Adams Natural Resources Fund (PEO) is currently considered Fairly Valued. The stock's GF Value™ is $28.76, compared to a current price of $29.30 — trading 1.9% above its estimated fair value. The current Pre-Tax Income is $162.4 Mil. Adams Natural Resources Fund's overall GF Score™ is 55/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Adams Natural Resources Fund (PEO), the current Pre-Tax Income is $162.4 Mil as of Jun. 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 Adams Natural Resources Fund (PEO) Overvalued in 2026?

Based on GuruFocus' analysis, Adams Natural Resources Fund stock appears to be overvalued. The current stock price of $29.30 is trading 1.9% above its estimated GF Value™ of $28.76. GuruFocus considers Adams Natural Resources Fund to be Fairly Valued.

Key valuation signals for PEO:

  • Pre-Tax Income: $162.4 Mil
  • GF Value™: $28.76 vs. price of $29.30 (1.9% above fair value)
  • GF Score™: 55/100 with 4 warning signs

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


Adams Natural Resources Fund Business Description

Address 500 East Pratt Street, Suite 1300, Baltimore, MD, USA, 21202
Adams Natural Resources Fund Inc is a non-diversified U.S. equity fund that invests in liquid energy and other natural resources stocks. The Fund's investment objectives are preservation of capital, reasonable income, and opportunity for capital gain. A majority of its assets are invested in the petroleum or natural resources industries or industries connected to them. It has broad flexibility to invest in stocks of varying capitalizations and predominantly invests in stocks found in the S&P 500 Energy and S&P 500 Materials sectors.
55GF Score

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

$29.30
Price
$28.76
GF Value