Gore Street Storage Fund Plc EBIT margin
What is the EBIT margin of Gore Street Storage Fund Plc?
The EBIT margin of Gore Street Energy Storage Fund Plc is 87.23%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Finance sector on LSE compared to Gore Street Storage Fund Plc
Companies with ebit margin similar to Gore Street Storage Fund Plc
- John Hancock Preferred Income Fund II has EBIT margin of 86.93%
- Allspring Income Opportunities Fund has EBIT margin of 86.97%
- The Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund has EBIT margin of 87.05%
- Tri-Continental has EBIT margin of 87.09%
- Secure Income REIT Plc has EBIT margin of 87.09%
- Alico has EBIT margin of 87.18%
- Gore Street Storage Fund Plc has EBIT margin of 87.23%
- John Hancock Preferred Income Fund III has EBIT margin of 87.23%
- BlackRock Duration Income Trust has EBIT margin of 87.24%
- Nuveen Municipal Value Fund has EBIT margin of 87.29%
- Harvest Capital Credit Corp has EBIT margin of 87.31%
- N.B.I. Industrial Finance has EBIT margin of 87.36%
- Western Asset Premier Bond Fund has EBIT margin of 87.39%