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Wasatch Global Opportunities Fund Profit Margin

Valuation check: WIGOX's profit margin is -131.88%, below the sector sector average of 13.09%.

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Quarterly Profit Margin

-565.56%
↓ 15.66% YoY

As of Oct 2023

Annual Profit Margin (TTM)

-131.88%
↓ 706.95% YoY

Trailing 12 months ending Oct 2023

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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Wasatch Global Opportunities Fund (WIGOX) FAQ

Wasatch Global Opportunities Fund posts a profit margin of -131.88% as of October 2023. That compares with -16.34% in the prior-year period — down 706.9% year over year. That is below the sector sector average of 13.09%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Wasatch Global Opportunities Fund's profit margin was -16.34%. The latest reading is -131.88% — a 706.9% 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 profit margin near 13.09% is typical. Wasatch Global Opportunities Fund's -131.88% is lower that level. That is roughly 1107.6% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Wasatch Global Opportunities 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 -131.88% as of October 2023; use YoY and peer views to separate noise from signal.

Context for WIGOX's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 13.09%), and (3) consistency with growth and profitability. This page covers the first two; Wasatch Global Opportunities Fund's other metric pages and overview cover the third.