WallStSmart
FTHY

First Trust High Yield Opportunities 2027 Term Fund

NYSE: FTHY · FINANCIAL SERVICES · ASSET MANAGEMENT

$13.03
-0.31% today

Updated 2026-09-18

Market cap
$476.58M
P/E ratio
18.78
P/S ratio
18.32x
EPS (TTM)
$0.69
Dividend yield
52W range
$12 – $13
Volume
0.1M

First Trust High Yield Opportunities 2027 Term Fund (FTHY) Financial statements

SEC filings — annual and quarterly data.

Profit margin
72.92%
Operating margin
72.92%
ROE
4.85%
ROA
0.00%
Debt/equity
0.27x

Margin trends — annual

Gross margin Operating margin Profit margin
YearRevenueNet incomeGross marginOp. marginProfit margin
2021$82.04M$81.09M100.00%98.84%98.84%
2022$-71.78M$-72.84M100.00%101.48%101.48%
2023$-18.72M$-19.61M100.00%104.74%104.74%
2024$55.00M$54.06M100.00%98.30%98.30%
2025$54.36M$45.48M84.95%83.65%83.65%
2026$34.74M$25.33M75.13%72.92%72.92%

Frequently asked questions

How profitable is FTHY?

In its most recent fiscal year, FTHY ran a gross margin of 75.13%, an operating margin of 72.92%, and a net margin of 72.92%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.

How much free cash flow does FTHY generate?

FTHY produced $72.95M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.