GCV (GABELLI CONVERTIBLE &OME SECURITIES FUND) Pretax Margin %: 72.42% (As of Mar. 2026) — 26% Below Median


GCV GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC GCV
30 GF Score
Price $4.65
! 4 Warning Signs
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What is GABELLI CONVERTIBLE &OME SECURITIES FUND Pretax Margin %?

GABELLI CONVERTIBLE &OME SECURITIES FUND GCV -0.64% 30 Pretax Margin % is 72.42% as of Mar. 2026, which is 26% below its 10-year median of 98.07. GuruFocus rates GCV with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 1,580 Asset Management companies, GABELLI CONVERTIBLE &OME SECURITIES FUND ranks better than 66.9% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. GABELLI CONVERTIBLE &OME SECURITIES FUND's Pre-Tax Income for the six months ended in Mar. 2026 was $0.66 Mil. GABELLI CONVERTIBLE &OME SECURITIES FUND's Revenue for the six months ended in Mar. 2026 was $0.91 Mil. Therefore, GABELLI CONVERTIBLE &OME SECURITIES FUND's pretax margin for the quarter that ended in Mar. 2026 was 72.42%.

The historical rank and industry rank for GABELLI CONVERTIBLE &OME SECURITIES FUND's Pretax Margin % or its related term are showing as below:

GCV' s Pretax Margin % Range Over the Past 10 Years
Min: 77.73   Med: 98.07   Max: 107.94
Current: 97.87


GCV's Pretax Margin % is ranked better than
66.9% of 1580 companies
in the Asset Management industry
Industry Median: 89.475 vs GCV: 97.87

GABELLI CONVERTIBLE &OME SECURITIES FUND  (NYSE:GCV) 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 CONVERTIBLE &OME SECURITIES FUND Pretax Margin % Related Terms


GABELLI CONVERTIBLE &OME SECURITIES FUND Pretax Margin % Historical Data

* Premium members only.

The historical data trend for GABELLI CONVERTIBLE &OME SECURITIES 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.

GABELLI CONVERTIBLE &OME SECURITIES FUND Pretax Margin % Chart

GABELLI CONVERTIBLE &OME SECURITIES FUND Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Sep24 Sep25
Pretax Margin %
Get a 7-Day Free Trial 98.15 77.73 101.75 93.79 98.01

GABELLI CONVERTIBLE &OME SECURITIES FUND Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar24 Sep24 Mar25 Sep25 Mar26
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 Premium Member Only Premium Member Only 92.94 94.53 88.37 99.04 72.42

GCV vs MGF, BCIC, GDL: Pretax Margin % Comparison

For the Asset Management subindustry, GABELLI CONVERTIBLE &OME SECURITIES 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.


GABELLI CONVERTIBLE &OME SECURITIES FUND Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, GABELLI CONVERTIBLE &OME SECURITIES FUND's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where GABELLI CONVERTIBLE &OME SECURITIES FUND's Pretax Margin % falls into.


GCV
30GF Score
GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC GCV
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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GABELLI CONVERTIBLE &OME SECURITIES 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.

GABELLI CONVERTIBLE &OME SECURITIES FUND's Pretax Margin for the fiscal year that ended in Sep. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=21.438/21.874
=98.01 %

GABELLI CONVERTIBLE &OME SECURITIES FUND's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=0.659/0.91
=72.42 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 72.42% mean?
GABELLI CONVERTIBLE &OME SECURITIES FUND (GCV) has a Pretax Margin % of 72.42% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on GABELLI CONVERTIBLE &OME SECURITIES FUND and its competitors. This is 26% below median its historical median of 98.07. Over the past decade, GABELLI CONVERTIBLE &OME SECURITIES FUND's Pretax Margin % has ranged from 77.73 to 107.94. According to the industry distribution chart, GABELLI CONVERTIBLE &OME SECURITIES FUND ranks #523 out of 1580 companies in the Asset Management industry, placing it in the top 33.1%.
Is GABELLI CONVERTIBLE &OME SECURITIES FUND's Pretax Margin % too high?
GABELLI CONVERTIBLE &OME SECURITIES FUND's current Pretax Margin % of 72.42% is 26% below median its 10-year median of 98.07. Over the past 10 years, this metric has ranged from a low of 77.73 to a high of 107.94. The Asset Management industry median Pretax Margin % is 89.48. GABELLI CONVERTIBLE &OME SECURITIES FUND's value of 72.42% is 19.1% below this industry median. Based on the distribution chart, GABELLI CONVERTIBLE &OME SECURITIES FUND ranks #523 out of 1580 companies in the Asset Management industry, which is above the industry midpoint. Overall, GABELLI CONVERTIBLE &OME SECURITIES FUND has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does GABELLI CONVERTIBLE &OME SECURITIES FUND's Pretax Margin % compare to MGF and BCIC?
According to the Asset Management industry distribution chart, GABELLI CONVERTIBLE &OME SECURITIES FUND ranks #523 out of 1580 companies for Pretax Margin %. This puts GABELLI CONVERTIBLE &OME SECURITIES FUND in the upper half of its industry. The industry median Pretax Margin % is 89.48. GABELLI CONVERTIBLE &OME SECURITIES FUND's value of 72.42% is 19.1% below this benchmark. Historically, GABELLI CONVERTIBLE &OME SECURITIES FUND's own Pretax Margin % has ranged from 77.73 to 107.94 over the past decade. While the company's 10-year median is 98.07 vs. the industry median of 89.48, GABELLI CONVERTIBLE &OME SECURITIES FUND has consistently been below 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 89.48, based on 1,580 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. GABELLI CONVERTIBLE &OME SECURITIES FUND's current Pretax Margin % of 72.42% is 19.1% below 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 GABELLI CONVERTIBLE &OME SECURITIES FUND and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GABELLI CONVERTIBLE &OME SECURITIES FUND's current Pretax Margin % is 72.42%, which is 26% below median its own 10-year median of 98.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GABELLI CONVERTIBLE &OME SECURITIES FUND stock overvalued right now?
GABELLI CONVERTIBLE &OME SECURITIES FUND (GCV) has a current Pretax Margin % of 72.42%. The current Pretax Margin % is 72.42%, which is 26% below median its 10-year median of 98.07 and 19.1% below the Asset Management industry median of 89.48. GABELLI CONVERTIBLE &OME SECURITIES FUND's overall GF Score™ is 30/100 with 4 warning signs 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 GABELLI CONVERTIBLE &OME SECURITIES FUND (GCV), the current Pretax Margin % is 72.42% as of Mar. 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.

GABELLI CONVERTIBLE &OME SECURITIES FUND Business Description

Address One Corporate Center, Rye, NY, USA, 10580-1422
GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC is a diversified closed-end management investment company. Its investment objective is to seek a high level of total return through a combination of current income and capital appreciation by investing in convertible securities. The company invests in various portfolios such as Health Care, Financial Services, Real Estate Investment Trust, Energy and Utilities, Telecommunications, Food and Beverage, Aerospace and Automotive, and others. All the operation of the group is operated through the regions of the United States.
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