Cushing NextGen Infrastructureome FundNXG -2.37%31 Return-on-Tangible-Equity is 37.71% as of Nov. 2025, which is 402% above its 10-year median of 7.51. GuruFocus rates NXG with a GF Score™ of 31/100. The stock has 10 warning signs investors should review. Among 1,588 Asset Management companies, Cushing NextGen Infrastructureome Fund ranks better than 74.81% on this metric.
NXG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.17 Med: 7.51 Max: 43.88
Current: 17.84
During the past 9 years, Cushing NextGen Infrastructureome Fund's highest Return-on-Tangible-Equity was 43.88%. The lowest was -23.17%. And the median was 7.51%.
NXG's Return-on-Tangible-Equity is ranked better than 74.81% of 1588
companies
in the Asset Management industry
Industry Median: 7.205
vs NXG: 17.84
Cushing NextGen Infrastructureome Fund (NYSE:NXG) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Cushing NextGen Infrastructureome Fund Return-on-Tangible-Equity Related Terms
Cushing NextGen Infrastructureome Fund Return-on-Tangible-Equity 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.
Cushing NextGen Infrastructureome Fund Return-on-Tangible-Equity Chart
Cushing NextGen Infrastructureome Fund Annual Data
NXG vs ASG, ZTR, HPF: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Cushing NextGen Infrastructureome Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Cushing NextGen Infrastructureome Fund Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Cushing NextGen Infrastructureome Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Cushing NextGen Infrastructureome Fund's Return-on-Tangible-Equity 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Nov. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 37.71% mean?
Cushing NextGen Infrastructureome Fund (NXG) has a Return-on-Tangible-Equity of 37.71% as of Nov. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Cushing NextGen Infrastructureome Fund and its competitors. This is 402% above median its historical median of 7.51. According to the industry distribution chart, Cushing NextGen Infrastructureome Fund ranks #400 out of 1588 companies in the Asset Management industry, placing it in the top 25.2%.
Is Cushing NextGen Infrastructureome Fund's Return-on-Tangible-Equity too high?
Cushing NextGen Infrastructureome Fund's current Return-on-Tangible-Equity of 37.71% is 402% above median its 10-year median of 7.51. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Cushing NextGen Infrastructureome Fund's value of 37.71% is 423.4% above this industry median. Based on the distribution chart, Cushing NextGen Infrastructureome Fund ranks #400 out of 1588 companies in the Asset Management industry, which is above the industry midpoint. Overall, Cushing NextGen Infrastructureome Fund has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Cushing NextGen Infrastructureome Fund's Return-on-Tangible-Equity compare to ASG and ZTR?
According to the Asset Management industry distribution chart, Cushing NextGen Infrastructureome Fund ranks #400 out of 1588 companies for Return-on-Tangible-Equity. This puts Cushing NextGen Infrastructureome Fund in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.21. Cushing NextGen Infrastructureome Fund's value of 37.71% is 423.4% above this benchmark. While the company's 10-year median is 7.51 vs. the industry median of 7.21, Cushing NextGen Infrastructureome Fund 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 Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cushing NextGen Infrastructureome Fund's current Return-on-Tangible-Equity of 37.71% is 423.4% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Cushing NextGen Infrastructureome Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cushing NextGen Infrastructureome Fund's current Return-on-Tangible-Equity is 37.71%, which is 402% above median its own 10-year median of 7.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cushing NextGen Infrastructureome Fund stock overvalued right now?
Cushing NextGen Infrastructureome Fund (NXG) has a current Return-on-Tangible-Equity of 37.71%. The current Return-on-Tangible-Equity is 37.71%, which is 402% above median its 10-year median of 7.51 and 423.4% above the Asset Management industry median of 7.21. Cushing NextGen Infrastructureome Fund's overall GF Score™ is 31/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Cushing NextGen Infrastructureome Fund (NXG), the current Return-on-Tangible-Equity is 37.71% as of Nov. 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.
Cushing NextGen Infrastructureome Fund Business Description
Cushing NextGen Infrastructure Income Fund is a closed-end management investment company. Its investment objective is to seek a high total return with an emphasis on current income. The fund invests at least 80% of its net assets in a portfolio of equity and debt securities of infrastructure companies, including energy infrastructure companies, industrial infrastructure companies, sustainable infrastructure companies and technology and communication infrastructure companies.
31GF Score
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