Valuation check: FSDIX's profit margin is 91.52%, above the sector sector average of 13.23%.
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+ FollowAs of Dec 2023
Trailing 12 months ending Dec 2023
Fidelity Strategic Dividend & Income Fund posts a profit margin of 91.52% as of December 2023. That compares with -210.73% in the prior-year period — up 143.4% year over year. That is above the sector sector average of 13.23%. 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 Strategic Dividend & Income Fund's profit margin was -210.73%. The latest reading is 91.52% — a 143.4% year-over-year increase (period ending December 2023). Use the history and growth charts on this page for a longer lookback.
For its sector stocks, a profit margin near 13.23% is typical. Fidelity Strategic Dividend & Income Fund's 91.52% is higher that level. That is roughly 592.0% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Fidelity Strategic Dividend & Income Fund'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 91.52% as of December 2023; use YoY and peer views to separate noise from signal.
Context for FSDIX's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 13.23%), and (3) consistency with growth and profitability. This page covers the first two; Fidelity Strategic Dividend & Income Fund's other metric pages and overview cover the third.