GRXPB.PFD (Gabelli Healthcare & WellnessRx Trust) Pretax Margin % : 73.76% (As of Dec. 2024)

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What is Gabelli Healthcare & WellnessRx Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Gabelli Healthcare & WellnessRx Trust's Pre-Tax Income for the six months ended in Dec. 2024 was $0.82 Mil. Gabelli Healthcare & WellnessRx Trust's Revenue for the six months ended in Dec. 2024 was $1.11 Mil. Therefore, Gabelli Healthcare & WellnessRx Trust's pretax margin for the quarter that ended in Dec. 2024 was 73.76%.

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

GRXpB.PFD' s Pretax Margin % Range Over the Past 10 Years
Min: -83.09 Med: 97.89 Max: 148.86
Current: -83.09

GRXpB.PFD's Pretax Margin % is ranked worse than
92.9% of 1633 companies
in the Asset Management industry
Industry Median: 91.8 vs GRXpB.PFD: -83.09

Gabelli Healthcare & WellnessRx Trust Pretax Margin % Historical Data

The historical data trend for Gabelli Healthcare & WellnessRx 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.

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Gabelli Healthcare & WellnessRx Trust Pretax Margin % Chart

Gabelli Healthcare & WellnessRx Trust Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Pretax Margin %

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96.70

98.27

101.56

34.11

-83.09

Gabelli Healthcare & WellnessRx Trust Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Pretax Margin %	Get a 7-Day Free Trial										180.05	92.18	110.34	143.64	73.76

Competitive Comparison of Gabelli Healthcare & WellnessRx Trust's Pretax Margin %

For the Asset Management subindustry, Gabelli Healthcare & WellnessRx 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 Healthcare & WellnessRx Trust's Pretax Margin % Distribution in the Asset Management Industry

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

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

Gabelli Healthcare & WellnessRx 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 Healthcare & WellnessRx Trust's Pretax Margin for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2024 )	/	Revenue (A: Dec. 2024 )
	=	-0.285	/	0.343
	=	-83.09 %

Gabelli Healthcare & WellnessRx Trust's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	0.821	/	1.113
	=	73.76 %

Gabelli Healthcare & WellnessRx Trust (NYSE:GRXpB.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 Healthcare & WellnessRx Trust Pretax Margin % Related Terms

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Gabelli Healthcare & WellnessRx Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Healthcare & WellnessRx Trust (NYSE:GRXpB.PFD) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

GRX:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

Gabelli Healthcare & WellnessRx Trust operates as a diversified closed-end management investment company. The investment objective of the fund is the long-term growth of capital. The fund invests at least its assets in equity securities and income-producing securities of domestic and foreign companies in the healthcare and wellness industries. It invests in various sectors, of which Health Care Providers & Services, Food, Health Care Equipment and Supplies, and Pharmaceuticals account for the majority of the weightage.