Companies: 10,795·Total market cap: $144.5T
ClearBridge MLP and Midstream Fund Inc

ClearBridge MLP and Midstream Fund Inc

CEMNYSEFinancial Services
$44.64
$-0.04(-0.09%)
Market Cap$593453088
P/E Ratio
52W High$53.07
52W Low$33.83

ClearBridge MLP and Midstream Fund Inc (CEM) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

CEM · net income · updated Jun 9, 2026

Core profitability metrics

Net income was $60.6M for FY2023 (fiscal year ending 2023-11-30), down 67.0% year-over-year. Net profit margin was 73.0%. Based on available data, ClearBridge MLP and Midstream Fund Inc has been profitable since at least 2013.

FY2023 Net Income$60.6M▼ -67.0% YoY
Trailing 12M (TTM)$159.1Mtrailing 4 quarters sum
Net Profit Margin73.0%$60.6M ÷ $83.0M
YoY Change-67.0%
5-Year CAGR+4.9%FY2020 → FY2023
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 9, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2013

▸ FMP /income-statement · Annual · CEM net income history · CEM profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2023$60.6M▼ 67.0%73.0%
FY2022$183.6M▲ +4.2%97.2%
FY2021$176.2M▲ +137.2%100.0%
FY2020Loss−$473.6M▼ 1020.9%
FY2019Loss−$42.3M▼ 188.4%

Net income vs peers (Financial Services)

#CompanyNet IncomeYoY
#1
ClearBridge MLP and Midstream Fund Inc
ClearBridge MLP and Midstream Fund IncYOU
CEM
$60.6M-67.0%
#2
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$66.97B-24.8%
#3
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-A
$66.97B-24.8%
#4
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$57.05B-2.4%
#5
Visa Inc.
Visa Inc.
V
$20.06B+1.6%
#6
Mastercard Incorporated
Mastercard Incorporated
MA
$14.97B+16.3%
Financial Services · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

ClearBridge MLP and Midstream Fund Inc (CEM) reported net income of $60.6M for FY2023 (fiscal year ending 2023-11-30), down 67.0% year-over-year. The net profit margin was 73.0% — meaning the company kept $0.73 of every dollar of revenue as profit.

Based on available data, ClearBridge MLP and Midstream Fund Inc has been profitable since at least 2013. Net income reached a peak of $357.0M in FY2013. Data available for 11 fiscal years.

ClearBridge MLP and Midstream Fund Inc's net profit margin was 73.0% for FY2023, based on the latest annual results.

Investors sometimes search for "ClearBridge MLP and Midstream Fund Inc net worth" — the company's market capitalization is a separate figure from CEM net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

CEM net income · 5 questions

ClearBridge MLP and Midstream Fund Inc is profitable. The company reported net income of $60.6M for FY2023, a net profit margin of 73.0%. Net income was down 67.0% year-over-year. Based on available data, ClearBridge MLP and Midstream Fund Inc has been profitable since at least 2013.

is CEM profitabledoes CEM make a profitCEM profitabilityCEM profitable company

Source: FMP /income-statement · GAAP · ClearBridge MLP and Midstream Fund Inc · ClearBridge MLP and Midstream Fund Inc SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026