BackFirst Trust New Opportunities MLP & Energy Fund Overview

First Trust New Opportunities MLP & Energy Fund Net Income

Latest net income for FPL: $40M, below the sector sector average of $110M.

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Quarterly Net Income

$8.09M
34.95% YoY

As of Oct 2023

Annual Net Income (TTM)

$39.68M
137.1% YoY

Trailing 12 months ending Oct 2023

Average Net Income (Comparison Companies)

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Net Income History

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Net Income Comparison

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Annual Net Income Growth Rate (%)

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Annual Net Income Growth (Absolute)

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First Trust New Opportunities MLP & Energy Fund (FPL) FAQ

The latest net income for FPL is $40M as of October 2023. That compares with $-110M in the prior-year period — up 137.1% year over year. That is below the sector sector average of $110M. Investors often review this figure alongside First Trust New Opportunities MLP & Energy Fund's historical trend and sector peers before judging valuation or financial health.

Over the past year, FPL's net income moved from $-110M to $40M — a 137.1% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in First Trust New Opportunities MLP & Energy Fund's operating scale or balance-sheet position.

Against its sector companies, FPL currently prints $40M for net income, while the sector average sits near $110M. That is roughly 62.7% below the sector mean. Large gaps often invite a closer look at First Trust New Opportunities MLP & Energy Fund's growth, margins, and balance sheet.

A net income figure of $40M for FPL is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The sector average is about $110M. Explore the charts below for those layers of context.

After noting FPL's net income ($40M), review year-over-year change from $-110M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.