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Tortoise Energy Independence Fund Profit Margin

Tortoise Energy Independence Fund (NDP) has a profit margin of 125.91%, above the sector sector average of 21.34%.

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Quarterly Profit Margin

818.05%
516.42% YoY

As of May 2024

Annual Profit Margin (TTM)

125.91%
80.15% YoY

Trailing 12 months ending May 2024

Average Profit Margin (Comparison Companies)

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Profit Margin History

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Profit Margin Comparison

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Annual Profit Margin Growth Rate (%)

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Tortoise Energy Independence Fund (NDP) FAQ

The latest profit margin for NDP is 125.91% as of May 2024. That compares with 634.41% in the prior-year period — down 80.2% year over year. That is above the sector sector average of 21.34%. 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 profit margin moved from 634.41% to 125.91% — a 80.2% 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 valuation or profitability profile.

Against its sector companies, NDP currently prints 125.91% for profit margin, while the sector average sits near 21.34%. That is roughly 490.0% above the sector mean. Large gaps often invite a closer look at Tortoise Energy Independence Fund's growth, margins, and balance sheet.

Profit Margin shows how effectively Tortoise Energy Independence Fund converts resources into returns. At 125.91%, NDP may look efficient or underperforming depending on peer benchmarks and trend direction. That compares with 634.41% in the prior-year period — down 80.2% year over year. Pair the percentage with revenue growth and leverage for a fuller health check.

After noting NDP's profit margin (125.91%), review year-over-year change from 634.41%, 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.