Horizon Funds - Horizon Dividend Income ETF Profit Margin

Horizon Funds - Horizon Dividend Income ETF's profit margin stands at 27.4% as of March 2024. That compares with 29.11% in the prior-year period — down 5.9% year over year. That is above the sector sector average of 13.16%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Horizon Funds - Horizon Dividend Income ETF reported 27.4% in profit margin versus 29.11% a year earlier — a 5.9% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

Horizon Funds - Horizon Dividend Income ETF sits higher the its sector benchmark (13.16%) with a profit margin of 27.4%. That is roughly 108.1% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

A profit margin of 27.4% for Horizon Funds - Horizon Dividend Income ETF means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.

The history chart shows how Horizon Funds - Horizon Dividend Income ETF's profit margin evolved across reporting periods, while the comparison chart places DIVN next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.