UTG (Reaves Utilityome Fund) Pre-Tax Income: $1,255 Mil (TTM As of Apr. 2026)

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UTG Reaves Utility Income Fund UTG
32 GF Score
Price $38.30
! 4 Warning Signs
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What is Reaves Utilityome Fund Pre-Tax Income?

Reaves Utilityome Fund UTG +0.87% 32 Pre-Tax Income is $1,255 Mil as of Apr. 2026. GuruFocus rates UTG with a GF Score™ of 32/100. The stock has 4 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Reaves Utilityome Fund's pretax income for the six months ended in Apr. 2026 was $586 Mil. Its pretax income for the trailing twelve months (TTM) ended in Apr. 2026 was $1,255 Mil. Reaves Utilityome Fund's pretax margin was 99.44%.

During the past 13 years, Reaves Utilityome Fund's highest Pretax Margin was 106.41%. The lowest was 83.46%. And the median was 98.56%.


Reaves Utilityome Fund  (AMEX:UTG) Pre-Tax Income Explanation

Reaves Utilityome Fund's Pretax Margin for the quarter that ended in Apr. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=585.507/588.794
=99.44%

During the past 13 years, Reaves Utilityome Fund's highest Pretax Margin was 106.41%. The lowest was 83.46%. And the median was 98.56%.

* 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.


Reaves Utilityome Fund Pre-Tax Income Related Terms


Reaves Utilityome Fund Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Reaves Utilityome 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.

Reaves Utilityome Fund Pre-Tax Income Chart

Reaves Utilityome Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 249.82 -222.02 -74.37 865.29 769.15

Reaves Utilityome Fund Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 Premium Member Only Premium Member Only 211.22 654.07 99.73 669.42 585.51

UTG vs AB, AAMI, NEA: Pre-Tax Income Comparison

For the Asset Management subindustry, Reaves Utilityome 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.


Reaves Utilityome Fund Pre-Tax Income vs Asset Management Industry

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

* The bar in red indicates where Reaves Utilityome Fund's Pre-Tax Income falls into.


UTG
32GF Score
Reaves Utility Income Fund UTG
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Reaves Utilityome Fund Pre-Tax Income Calculation

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

Reaves Utilityome Fund's Pretax Income for the fiscal year that ended in Oct. 2025 is calculated as

Pretax Income=Operating Income+Other
=0+769.146
=769

Reaves Utilityome Fund's Pretax Income for the quarter that ended in Apr. 2026 is calculated as

Pretax Income=Operating Income+Other
=0+585.507
=586

Pre-Tax 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 $1,255 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 $1,255 Mil mean?
Reaves Utilityome Fund (UTG) has a Pre-Tax Income of $1,255 Mil as of Apr. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Reaves Utilityome Fund and its competitors.
Is Reaves Utilityome Fund's Pre-Tax Income too high?
Reaves Utilityome Fund's current Pre-Tax Income is $1,255 Mil. Overall, Reaves Utilityome Fund has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Reaves Utilityome Fund's Pre-Tax Income compare to AB and AAMI?
Reaves Utilityome Fund's Pre-Tax Income of $1,255 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 Reaves Utilityome Fund and its competitors. Reaves Utilityome Fund's current Pre-Tax Income is $1,255 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reaves Utilityome Fund stock overvalued right now?
Reaves Utilityome Fund (UTG) has a current Pre-Tax Income of $1,255 Mil. The current Pre-Tax Income is $1,255 Mil. Reaves Utilityome Fund's overall GF Score™ is 32/100 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 Reaves Utilityome Fund (UTG), the current Pre-Tax Income is $1,255 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.

Reaves Utilityome Fund Business Description

Address 1700 Broadway, Suite 2100, Denver, CO, USA, 80290
Reaves Utility Income Fund is a closed-end management investment company. The company's investment objective is to provide a high level of after-tax income and total return consisting of tax-advantaged dividend income and capital appreciation. It invests a portion of its total assets in securities of utility companies, which may include companies in the electric, gas, water, telecommunications sectors, as well as other companies engaged in other infrastructure operations.
32GF Score

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

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