Latest profit margin for Global X Funds - Global X Zero Coupon Bond 2032 ETF: 4.36% — see history and peer comparisons.
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+ FollowAs of Dec 2021
Trailing 12 months ending Dec 2021
Global X Funds - Global X Zero Coupon Bond 2032 ETF posts a profit margin of 4.36% as of December 2021. That compares with 0.44% in the prior-year period — up 898.6% year over year. That is below the Consumer Staples sector average of 14.42%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
In the prior comparable period, Global X Funds - Global X Zero Coupon Bond 2032 ETF's profit margin was 0.44%. The latest reading is 4.36% — a 898.6% year-over-year increase (period ending December 2021). Use the history and growth charts on this page for a longer lookback.
For Consumer Staples stocks, a profit margin near 14.42% is typical. Global X Funds - Global X Zero Coupon Bond 2032 ETF's 4.36% is lower that level. That is roughly 69.8% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Global X Funds - Global X Zero Coupon Bond 2032 ETF'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 4.36% as of December 2021; use YoY and peer views to separate noise from signal.
Context for ZCBC's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 14.42%), and (3) consistency with growth and profitability. This page covers the first two; Global X Funds - Global X Zero Coupon Bond 2032 ETF's other metric pages and overview cover the third.