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ClearBridge Energy Midstream Opportunity Fund (NYSE:EMO) 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.
ClearBridge Energy Midstream Opportunity Fund Pretax Margin % Related Terms
ClearBridge Energy Midstream Opportunity Fund Pretax Margin % Historical Data
* 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.
ClearBridge Energy Midstream Opportunity Fund Pretax Margin % Chart
ClearBridge Energy Midstream Opportunity Fund Annual Data
For the Asset Management subindustry, ClearBridge Energy Midstream Opportunity 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.
ClearBridge Energy Midstream Opportunity Fund Pretax Margin % vs Asset Management Industry
* 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.
ClearBridge Energy Midstream Opportunity Fund (EMO) has a Pretax Margin % of 98.47% as of May. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on ClearBridge Energy Midstream Opportunity Fund and its competitors. This is near median its historical median of 101.24. Over the past decade, ClearBridge Energy Midstream Opportunity Fund's Pretax Margin % has ranged from 92.33 to 121.52. According to the industry distribution chart, ClearBridge Energy Midstream Opportunity Fund ranks #571 out of 1570 companies in the Asset Management industry, placing it in the top 36.4%.
Is ClearBridge Energy Midstream Opportunity Fund's Pretax Margin % too high?
ClearBridge Energy Midstream Opportunity Fund's current Pretax Margin % of 98.47% is near median its 10-year median of 101.24. Over the past 10 years, this metric has ranged from a low of 92.33 to a high of 121.52. The Asset Management industry median Pretax Margin % is 90.34. ClearBridge Energy Midstream Opportunity Fund's value of 98.47% is 9% above this industry median. Based on the distribution chart, ClearBridge Energy Midstream Opportunity Fund ranks #571 out of 1570 companies in the Asset Management industry, which is above the industry midpoint. Overall, ClearBridge Energy Midstream Opportunity Fund has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ClearBridge Energy Midstream Opportunity Fund's Pretax Margin % compare to EVV and PSEC?
According to the Asset Management industry distribution chart, ClearBridge Energy Midstream Opportunity Fund ranks #571 out of 1570 companies for Pretax Margin %. This puts ClearBridge Energy Midstream Opportunity Fund in the upper half of its industry. The industry median Pretax Margin % is 90.34. ClearBridge Energy Midstream Opportunity Fund's value of 98.47% is 9% above this benchmark. Historically, ClearBridge Energy Midstream Opportunity Fund's own Pretax Margin % has ranged from 92.33 to 121.52 over the past decade. While the company's 10-year median is 101.24 vs. the industry median of 90.34, ClearBridge Energy Midstream Opportunity Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 90.34, based on 1,570 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ClearBridge Energy Midstream Opportunity Fund's current Pretax Margin % of 98.47% is 9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on ClearBridge Energy Midstream Opportunity Fund and its competitors. For the Asset Management industry, the median Pretax Margin % is 90.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ClearBridge Energy Midstream Opportunity Fund's current Pretax Margin % is 98.47%, which is near median its own 10-year median of 101.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ClearBridge Energy Midstream Opportunity Fund stock overvalued right now?
Based on GuruFocus' analysis, ClearBridge Energy Midstream Opportunity Fund (EMO) is currently considered Significantly Undervalued. The stock's GF Value™ is $80.98, compared to a current price of $54.37 — trading 32.9% below its estimated fair value. The current Pretax Margin % is 98.47%, which is near median its 10-year median of 101.24 and 9% above the Asset Management industry median of 90.34. ClearBridge Energy Midstream Opportunity Fund's overall GF Score™ is 51/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For ClearBridge Energy Midstream Opportunity Fund (EMO), the current Pretax Margin % is 98.47% as of May. 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 ClearBridge Energy Midstream Opportunity Fund (EMO) Overvalued in 2026?
Based on GuruFocus' analysis, ClearBridge Energy Midstream Opportunity Fund stock appears to be undervalued.
The current stock price of $54.37 is trading 32.9% below its estimated GF Value™ of $80.98.
GuruFocus considers ClearBridge Energy Midstream Opportunity Fund to be Significantly Undervalued.
Key valuation signals for EMO:
Pretax Margin %: 98.47% (near median its 10-year median of 101.24)
GF Value™: $80.98 vs. price of $54.37 (32.9% below fair value)
Industry Position: 9% above the Asset Management median (#571 of 1570)
No single metric tells the full story. See the EMO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ClearBridge Energy Midstream Opportunity Fund Inc is a non-diversified, closed-end management investment company. Its investment objective is to provide long-term investors with a high level of total return with an emphasis on cash distributions. The Fund considers investments in midstream entities as those entities that provide midstream services including the gathering, transporting, processing, fractionation, storing, refining, and distribution of oil, natural gas liquids and natural gas.
51GF Score
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