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GDL Fund (GDL Fund) Pretax Margin % : % (As of Dec. 2023)


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What is GDL Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. GDL Fund's Pre-Tax Income for the six months ended in Dec. 2023 was $0.00 Mil. GDL Fund's Revenue for the six months ended in Dec. 2023 was $0.00 Mil. Therefore, GDL Fund's pretax margin for the quarter that ended in Dec. 2023 was %.

The historical rank and industry rank for GDL Fund's Pretax Margin % or its related term are showing as below:

GDL' s Pretax Margin % Range Over the Past 10 Years
Min: 78.11   Med: 86.67   Max: 196.97
Current: 78.11


GDL's Pretax Margin % is ranked worse than
57.83% of 1660 companies
in the Asset Management industry
Industry Median: 90.98 vs GDL: 78.11

GDL Fund Pretax Margin % Historical Data

The historical data trend for GDL Fund's Pretax 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.

GDL Fund Pretax Margin % Chart

GDL Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 83.74 196.97 78.81 141.19 86.06

GDL Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.52 109.80 78.11 - -

Competitive Comparison of GDL Fund's Pretax Margin %

For the Asset Management subindustry, GDL Fund's Pretax Margin %, along with its competitors' market caps and Pretax 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.


GDL Fund's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GDL Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where GDL Fund's Pretax Margin % falls into.



GDL Fund Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

GDL Fund's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=6.286/7.304
=86.06 %

GDL Fund's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=0/0
= %

* 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.


GDL Fund  (NYSE:GDL) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


GDL Fund Pretax Margin % Related Terms

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GDL Fund (GDL Fund) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
GDL Fund is a diversified closed-end management investment company. Its primary investment objective is to achieve absolute returns in various market conditions without excessive risk of capital. The fund seeks to achieve its objective by investing in merger arbitrage transactions and, to a lesser extent, in corporate reorganizations involving stubs, spin-offs, and liquidations.
Executives
Mario J Gabelli other: Trustee 191 MASON STREET, GREENWICH CT 06830
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn other: Trustee
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Michael J Melarkey other: Trustee ONE CORPORATE CENTER, RYE NY 10580
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Gpj Retirement Partners, Llc other: Limited Liability Company 1 CORPORATE CENTER, RYE NY 10580
Gabelli Securities Inc other: Subsidiary of GAMCO ONE CORPORATE CENTER, RYE NY 10580
Mjg Iv Limited Partnership other: Partnership
Relative Value Partners, Llc 10 percent owner 1033 SKOKIE BOULEVARD, SUITE 470, NORTHBROOK IL 60062
Clarence A Davis other: Trustee ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Edward T Tokar other: Trustee
Arthur V Ferrara other: Trustee ONE CORPORATE CENTER, RYE NY 10580