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Nuveen NY Select Tax-Freeome Port (NYSE:NXN) 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.
Nuveen NY Select Tax-Freeome Port Pretax Margin % Related Terms
Nuveen NY Select Tax-Freeome Port 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.
Nuveen NY Select Tax-Freeome Port Pretax Margin % Chart
NXN vs CYPH, MGLD, TRLC: Pretax Margin % Comparison
For the Asset Management subindustry, Nuveen NY Select Tax-Freeome Port'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.
Nuveen NY Select Tax-Freeome Port Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nuveen NY Select Tax-Freeome Port's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Nuveen NY Select Tax-Freeome Port's Pretax Margin % falls into.
* 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.
Nuveen NY Select Tax-Freeome Port (NXN) has a Pretax Margin % of 137.15% as of Aug. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Nuveen NY Select Tax-Freeome Port and its competitors. This is 41% above median its historical median of 97.04. Over the past decade, Nuveen NY Select Tax-Freeome Port's Pretax Margin % has ranged from 94.36 to 176.23.
Is Nuveen NY Select Tax-Freeome Port's Pretax Margin % too high?
Nuveen NY Select Tax-Freeome Port's current Pretax Margin % of 137.15% is 41% above median its 10-year median of 97.04. Over the past 10 years, this metric has ranged from a low of 94.36 to a high of 176.23. The Asset Management industry median Pretax Margin % is 91.78. Nuveen NY Select Tax-Freeome Port's value of 137.15% is 49.4% above this industry median. Overall, Nuveen NY Select Tax-Freeome Port has a GF Scoreâ„¢ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen NY Select Tax-Freeome Port's Pretax Margin % compare to CYPH and MGLD?
Nuveen NY Select Tax-Freeome Port's Pretax Margin % of 137.15% can be compared against companies in the Asset Management industry. The industry median Pretax Margin % is 91.78. Nuveen NY Select Tax-Freeome Port's value of 137.15% is 49.4% above this benchmark. Historically, Nuveen NY Select Tax-Freeome Port's own Pretax Margin % has ranged from 94.36 to 176.23 over the past decade. While the company's 10-year median is 97.04 vs. the industry median of 91.78, Nuveen NY Select Tax-Freeome Port 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 91.78, based on 1,559 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. Nuveen NY Select Tax-Freeome Port's current Pretax Margin % of 137.15% is 49.4% 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 Nuveen NY Select Tax-Freeome Port and its competitors. For the Asset Management industry, the median Pretax Margin % is 91.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen NY Select Tax-Freeome Port's current Pretax Margin % is 137.15%, which is 41% above median its own 10-year median of 97.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen NY Select Tax-Freeome Port stock overvalued right now?
Nuveen NY Select Tax-Freeome Port (NXN) has a current Pretax Margin % of 137.15%. The current Pretax Margin % is 137.15%, which is 41% above median its 10-year median of 97.04 and 49.4% above the Asset Management industry median of 91.78. Nuveen NY Select Tax-Freeome Port's overall GF Score™ is 25/100 with 5 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 Nuveen NY Select Tax-Freeome Port (NXN), the current Pretax Margin % is 137.15% as of Aug. 2025. 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.
Nuveen NY Select Tax-Free Income Port is a diversified closed-end management investment company. Its investment objective are to provide current income exempt from regular federal and New Jersey income tax, and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Fund's investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued.
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