Fidelity Select Defense & Aerospace Portfolio Profit Margin

Fidelity Select Defense & Aerospace Portfolio posts a profit margin of -13.9% as of September 2023. That compares with -242.31% in the prior-year period — up 94.3% year over year. That is below the sector sector average of 21.34%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Fidelity Select Defense & Aerospace Portfolio's profit margin was -242.31%. The latest reading is -13.9% — a 94.3% year-over-year increase (period ending September 2023). Use the history and growth charts on this page for a longer lookback.

For its sector stocks, a profit margin near 21.34% is typical. Fidelity Select Defense & Aerospace Portfolio's -13.9% is lower that level. That is roughly 165.1% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Fidelity Select Defense & Aerospace Portfolio's profit margin moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is -13.9% as of September 2023; use YoY and peer views to separate noise from signal.

Context for FSDAX's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 21.34%), and (3) consistency with growth and profitability. This page covers the first two; Fidelity Select Defense & Aerospace Portfolio's other metric pages and overview cover the third.