Tortoise Midstream Energy Fund EBIT

The latest EBIT for NTG is $25M as of May 2024. That compares with $140M in the prior-year period — down 82.3% year over year. That is above the sector sector average of $-63M. Investors often review this figure alongside Tortoise Midstream Energy Fund's historical trend and sector peers before judging valuation or financial health.

Over the past year, NTG's EBIT moved from $140M to $25M — a 82.3% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Tortoise Midstream Energy Fund's operating scale or balance-sheet position.

Against its sector companies, NTG currently prints $25M for EBIT, while the sector average sits near $-63M. That is roughly 139.6% above the sector mean. Large gaps often invite a closer look at Tortoise Midstream Energy Fund's growth, margins, and balance sheet.

A EBIT figure of $25M for NTG 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. The sector average is about $-63M. Explore the charts below for those layers of context.

After noting NTG's EBIT ($25M), review year-over-year change from $140M, 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.