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Mercantile Investment Trust (The) (LSE:MRC) Net Margin % : 98.99% (As of Jan. 2024)


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What is Mercantile Investment Trust (The) Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mercantile Investment Trust (The)'s Net Income for the six months ended in Jan. 2024 was £83.89 Mil. Mercantile Investment Trust (The)'s Revenue for the six months ended in Jan. 2024 was £84.75 Mil. Therefore, Mercantile Investment Trust (The)'s net margin for the quarter that ended in Jan. 2024 was 98.99%.

The historical rank and industry rank for Mercantile Investment Trust (The)'s Net Margin % or its related term are showing as below:

LSE:MRC' s Net Margin % Range Over the Past 10 Years
Min: 97.66   Med: 99.4   Max: 101.57
Current: 97.66


LSE:MRC's Net Margin % is ranked better than
69.89% of 1667 companies
in the Asset Management industry
Industry Median: 86.95 vs LSE:MRC: 97.66

Mercantile Investment Trust (The) Net Margin % Historical Data

The historical data trend for Mercantile Investment Trust (The)'s Net 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.

Mercantile Investment Trust (The) Net Margin % Chart

Mercantile Investment Trust (The) Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.62 101.57 98.86 100.61 97.66

Mercantile Investment Trust (The) Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.59 100.27 94.51 112.13 98.99

Competitive Comparison of Mercantile Investment Trust (The)'s Net Margin %

For the Asset Management subindustry, Mercantile Investment Trust (The)'s Net Margin %, along with its competitors' market caps and Net 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.


Mercantile Investment Trust (The)'s Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mercantile Investment Trust (The)'s Net Margin % distribution charts can be found below:

* The bar in red indicates where Mercantile Investment Trust (The)'s Net Margin % falls into.



Mercantile Investment Trust (The) Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Mercantile Investment Trust (The)'s Net Margin for the fiscal year that ended in Jan. 2024 is calculated as

Net Margin=Net Income (A: Jan. 2024 )/Revenue (A: Jan. 2024 )
=75.208/77.007
=97.66 %

Mercantile Investment Trust (The)'s Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=83.887/84.747
=98.99 %

* 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.


Mercantile Investment Trust (The)  (LSE:MRC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Mercantile Investment Trust (The) Net Margin % Related Terms

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Mercantile Investment Trust (The) (LSE:MRC) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
Mercantile Investment Trust (The) PLC is an investment trust managed by JP Morgan Funds Limited. It aims to achieve capital growth through investing in a diversified portfolio of UK medium and smaller companies. The trust's investment portfolio consists of various sectors such as Consumer Services, Financials, Industrial, Technology, Health Care, Basic Materials, Telecommunications, Utilities, Consumer Goods, Real Estate, and Oil & Gas.