ClearBridge MLP and Midstream Fund Net Income

ClearBridge MLP and Midstream Fund posts a net income of $130M as of May 2024. That compares with $350M in the prior-year period — down 62.6% year over year. That is above the sector sector average of $96M. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, ClearBridge MLP and Midstream Fund's net income was $350M. The latest reading is $130M — a 62.6% year-over-year decrease (period ending May 2024). Use the history and growth charts on this page for a longer lookback.

For its sector stocks, a net income near $96M is typical. ClearBridge MLP and Midstream Fund's $130M is higher that level. That is roughly 35.2% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Net Income is one piece of ClearBridge MLP and Midstream Fund's financial statement story. At $130M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for CEM's net income usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $96M), and (3) consistency with growth and profitability. This page covers the first two; ClearBridge MLP and Midstream Fund's other metric pages and overview cover the third.