Vanguard Limited Term Tax-Exempt Fund Gross Profit

Vanguard Limited Term Tax-Exempt Fund posts a gross profit of $3.9M as of October 2023. That compares with $5.4M in the prior-year period — down 27.4% year over year. That is below the sector sector average of $790M. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Vanguard Limited Term Tax-Exempt Fund's gross profit was $5.4M. The latest reading is $3.9M — a 27.4% year-over-year decrease (period ending October 2023). Use the history and growth charts on this page for a longer lookback.

For its sector stocks, a gross profit near $790M is typical. Vanguard Limited Term Tax-Exempt Fund's $3.9M is lower that level. That is roughly 99.5% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Gross Profit is one piece of Vanguard Limited Term Tax-Exempt Fund's financial statement story. At $3.9M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for VMLTX's gross profit usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $790M), and (3) consistency with growth and profitability. This page covers the first two; Vanguard Limited Term Tax-Exempt Fund's other metric pages and overview cover the third.