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Eaton Vance Floating-rateome Trust (Eaton Vance Floating-rateome Trust) Pretax Margin % : 99.05% (As of Nov. 2023)


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What is Eaton Vance Floating-rateome Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Eaton Vance Floating-rateome Trust's Pre-Tax Income for the six months ended in Nov. 2023 was $31.90 Mil. Eaton Vance Floating-rateome Trust's Revenue for the six months ended in Nov. 2023 was $32.20 Mil. Therefore, Eaton Vance Floating-rateome Trust's pretax margin for the quarter that ended in Nov. 2023 was 99.05%.

The historical rank and industry rank for Eaton Vance Floating-rateome Trust's Pretax Margin % or its related term are showing as below:

EFT' s Pretax Margin % Range Over the Past 10 Years
Min: 96.01   Med: 98.34   Max: 104.97
Current: 98.81


EFT's Pretax Margin % is ranked better than
73.76% of 1669 companies
in the Asset Management industry
Industry Median: 89.62 vs EFT: 98.81

Eaton Vance Floating-rateome Trust Pretax Margin % Historical Data

The historical data trend for Eaton Vance Floating-rateome 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.

Eaton Vance Floating-rateome Trust Pretax Margin % Chart

Eaton Vance Floating-rateome Trust Annual Data
Trend May18 May19 May20 May21 May22 May23
Pretax Margin %
Get a 7-Day Free Trial 96.01 101.29 98.99 104.97 96.44

Eaton Vance Floating-rateome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.76 101.67 110.65 98.37 99.05

Competitive Comparison of Eaton Vance Floating-rateome Trust's Pretax Margin %

For the Asset Management subindustry, Eaton Vance Floating-rateome 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.


Eaton Vance Floating-rateome Trust's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Floating-rateome Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Eaton Vance Floating-rateome Trust's Pretax Margin % falls into.



Eaton Vance Floating-rateome 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.

Eaton Vance Floating-rateome Trust's Pretax Margin for the fiscal year that ended in May. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: May. 2023 )/Revenue (A: May. 2023 )
=14.923/15.474
=96.44 %

Eaton Vance Floating-rateome Trust's Pretax Margin for the quarter that ended in Nov. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=31.898/32.204
=99.05 %

* 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.


Eaton Vance Floating-rateome Trust  (NYSE:EFT) 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.


Eaton Vance Floating-rateome Trust Pretax Margin % Related Terms

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Eaton Vance Floating-rateome Trust (Eaton Vance Floating-rateome Trust) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Floating-rate Income Trust is a closed-end management investment company. The company's objective is to provide a high level of current income and its secondary objective is capital appreciation.
Executives
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Sarah Anne Choi other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Catherine Mcdermott other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109
Andrew Sveen other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109