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Gabelli Equity Trust (Gabelli Equity Trust) Pretax Margin % : % (As of Dec. 2023)


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What is Gabelli Equity Trust Pretax Margin %?

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

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

GABpH.PFD' s Pretax Margin % Range Over the Past 10 Years
Min: 98.93   Med: 99.46   Max: 100.55
Current: 99.47


GABpH.PFD's Pretax Margin % is ranked better than
77.74% of 1667 companies
in the Asset Management industry
Industry Median: 89.59 vs GABpH.PFD: 99.47

Gabelli Equity Trust Pretax Margin % Historical Data

The historical data trend for Gabelli Equity Trust'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.

Gabelli Equity Trust Pretax Margin % Chart

Gabelli Equity Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 99.79 98.93 99.44 100.55 99.01

Gabelli Equity Trust Semi-Annual Data
Dec16 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 Premium Member Only 98.16 100.15 99.63 99.32 -

Competitive Comparison of Gabelli Equity Trust's Pretax Margin %

For the Asset Management subindustry, Gabelli Equity Trust'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.


Gabelli Equity Trust's Pretax Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Gabelli Equity Trust's Pretax Margin % falls into.



Gabelli Equity Trust 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.

Gabelli Equity Trust'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 )
=231.446/233.763
=99.01 %

Gabelli Equity Trust'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.


Gabelli Equity Trust  (NYSE:GABpH.PFD) 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.


Gabelli Equity Trust Pretax Margin % Related Terms

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Gabelli Equity Trust (Gabelli Equity Trust) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Gabelli Equity Trust Inc is a non-diversified closed-end management investment company. Its primary investment objective is long-term growth of capital with income as a secondary objective. The Fund invests at least 80% of its assets in equity securities under normal market conditions. Its equity portfolio includes common stock, preferred stock, convertible or exchangeable securities, and warrants and rights to purchase such securities selected by the Investment Adviser. The company invests in various sectors, of which Food & Beverage, Financial Services, Equipment and Supplies, Entertainment, Consumer Products, Health Care, Diversified Industrial, Business Services, and Consumer Services accounts for the majority weightage.

Gabelli Equity Trust (Gabelli Equity Trust) Headlines

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