Valuation check: HIE's profit margin is 132.68%, above the sector sector average of 21.36%.
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+ FollowAs of Apr 2024
Trailing 12 months ending Apr 2024
Miller/Howard High Income Equity Fund posts a profit margin of 132.68% as of April 2024. That compares with 49.61% in the prior-year period — up 167.5% year over year. That is above the sector sector average of 21.36%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
In the prior comparable period, Miller/Howard High Income Equity Fund's profit margin was 49.61%. The latest reading is 132.68% — a 167.5% year-over-year increase (period ending April 2024). Use the history and growth charts on this page for a longer lookback.
For its sector stocks, a profit margin near 21.36% is typical. Miller/Howard High Income Equity Fund's 132.68% is higher that level. That is roughly 521.3% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Miller/Howard High Income Equity 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 132.68% as of April 2024; use YoY and peer views to separate noise from signal.
Context for HIE's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 21.36%), and (3) consistency with growth and profitability. This page covers the first two; Miller/Howard High Income Equity Fund's other metric pages and overview cover the third.