BackTortoise Energy Independence Fund Overview

Tortoise Energy Independence Fund Operating Income

Tortoise Energy Independence Fund's operating income is $10M.

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Quarterly Operating Income

$9.47M
198.93% YoY

As of May 31, 2024

Annual Operating Income (TTM)

$10.12M
62.25% YoY

Trailing 12 months ending May 31, 2024

Average Operating Income (Comparison Companies)

Operating Income History

Operating Income Comparison

Annual Operating Income Growth Rate (%)

Annual Operating Income Growth (Absolute)

Tortoise Energy Independence Fund (NDP) FAQ

The latest operating income for NDP is $10M as of May 2024. That compares with $27M in the prior-year period — down 62.2% year over year. Investors often review this figure alongside Tortoise Energy Independence Fund's historical trend and sector peers before judging valuation or financial health.

Over the past year, NDP's operating income moved from $27M to $10M — a 62.2% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Tortoise Energy Independence Fund's operating scale or balance-sheet position.

A operating income figure of $10M for NDP 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. Explore the charts below for those layers of context.

After noting NDP's operating income ($10M), review year-over-year change from $27M, 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.