NPFD (Nuveen Variable Rate Preferred&Income) Asset Turnover: 0.04 (As of Jan. 2026)


NPFD Nuveen Variable Rate Preferred&Income NPFD
33 GF Score
Price $18.56
! 6 Warning Signs
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What is Nuveen Variable Rate Preferred&Income Asset Turnover?

Nuveen Variable Rate Preferred&Income NPFD +0.19% 33 Asset Turnover is 0.04 as of Jan. 2026. GuruFocus rates NPFD with a GF Score™ of 33/100. The stock has 6 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Nuveen Variable Rate Preferred&Income's Revenue for the six months ended in Jan. 2026 was $29.30 Mil. Nuveen Variable Rate Preferred&Income's Total Assets for the quarter that ended in Jan. 2026 was $766.95 Mil. Therefore, Nuveen Variable Rate Preferred&Income's Asset Turnover for the quarter that ended in Jan. 2026 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Nuveen Variable Rate Preferred&Income's annualized ROE % for the quarter that ended in Jan. 2026 was 11.77%. It is also linked to ROA % through Du Pont Formula. Nuveen Variable Rate Preferred&Income's annualized ROA % for the quarter that ended in Jan. 2026 was 7.47%.


Nuveen Variable Rate Preferred&Income  (NYSE:NPFD) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Nuveen Variable Rate Preferred&Income's annulized ROE % for the quarter that ended in Jan. 2026 is

ROE %**(Q: Jan. 2026 )
=Net Income/Total Stockholders Equity
=57.32/487.1965
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(57.32 / 58.594)*(58.594 / 766.9465)*(766.9465/ 487.1965)
=Net Margin %*Asset Turnover*Equity Multiplier
=97.83 %*0.0764*1.5742
=ROA %*Equity Multiplier
=7.47 %*1.5742
=11.77 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 2026) revenue 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Nuveen Variable Rate Preferred&Income's annulized ROA % for the quarter that ended in Jan. 2026 is

ROA %(Q: Jan. 2026 )
=Net Income/Total Assets
=57.32/766.9465
=(Net Income / Revenue)*(Revenue / Total Assets)
=(57.32 / 58.594)*(58.594 / 766.9465)
=Net Margin %*Asset Turnover
=97.83 %*0.0764
=7.47 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 2026) revenue 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Nuveen Variable Rate Preferred&Income Asset Turnover Related Terms


Nuveen Variable Rate Preferred&Income Asset Turnover Historical Data

* Premium members only.

The historical data trend for Nuveen Variable Rate Preferred&Income's Asset Turnover 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.

Nuveen Variable Rate Preferred&Income Asset Turnover Chart

Nuveen Variable Rate Preferred&Income Annual Data
Trend Jul22 Jul23 Jul24 Jul25
Asset Turnover
-0.09 -0.03 0.09 0.06

Nuveen Variable Rate Preferred&Income Semi-Annual Data
Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.05 0.04 0.03 0.03 0.04

NPFD vs FFA, ETB, KIO: Asset Turnover Comparison

For the Asset Management subindustry, Nuveen Variable Rate Preferred&Income's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Variable Rate Preferred&Income Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Variable Rate Preferred&Income's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Nuveen Variable Rate Preferred&Income's Asset Turnover falls into.


NPFD
33GF Score
Nuveen Variable Rate Preferred&Income NPFD
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Variable Rate Preferred&Income Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Nuveen Variable Rate Preferred&Income's Asset Turnover for the fiscal year that ended in Jul. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2025 )/( (Total Assets (A: Jul. 2024 )+Total Assets (A: Jul. 2025 ))/ count )
=48.34/( (773.741+765.194)/ 2 )
=48.34/769.4675
=0.06

Nuveen Variable Rate Preferred&Income's Asset Turnover for the quarter that ended in Jan. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2026 )/( (Total Assets (Q: Jul. 2025 )+Total Assets (Q: Jan. 2026 ))/ count )
=29.297/( (765.194+768.699)/ 2 )
=29.297/766.9465
=0.04

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.04 mean?
Nuveen Variable Rate Preferred&Income (NPFD) has a Asset Turnover of 0.04 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nuveen Variable Rate Preferred&Income and its competitors.
Is Nuveen Variable Rate Preferred&Income's Asset Turnover too high?
Nuveen Variable Rate Preferred&Income's current Asset Turnover is 0.04. Overall, Nuveen Variable Rate Preferred&Income has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Variable Rate Preferred&Income's Asset Turnover compare to FFA and ETB?
Nuveen Variable Rate Preferred&Income's Asset Turnover of 0.04 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Asset Management company?
A good Asset Turnover depends on the Asset Management industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Nuveen Variable Rate Preferred&Income and its competitors. Nuveen Variable Rate Preferred&Income's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Variable Rate Preferred&Income stock overvalued right now?
Nuveen Variable Rate Preferred&Income (NPFD) has a current Asset Turnover of 0.04. The current Asset Turnover is 0.04. Nuveen Variable Rate Preferred&Income's overall GF Score™ is 33/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Nuveen Variable Rate Preferred&Income (NPFD), the current Asset Turnover is 0.04 as of Jan. 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.

Nuveen Variable Rate Preferred&Income Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Variable Rate Preferred&Income is a diversified, closed-end management investment company. Its investment objective is to provide a high level of current income and total return. The fund invests a majority of its assets in variable-rate preferred securities and other variable-rate income-producing securities. The rest of its investments can be made in contingent capital securities or contingent convertible securities, convertible securities, corporate debt securities, U.S. government securities, residential and commercial mortgage-backed securities, fixed-rate preferred securities, senior loans and loan participations and assignments, sovereign debt instruments, debt securities issued by supranational agencies, and/or taxable and tax-exempt municipal bonds.
33GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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