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Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Pretax Margin % : 114.49% (As of Jun. 2020)


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What is Blackrock Florida Muni 2020 Term Tr Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Blackrock Florida Muni 2020 Term Tr's Pre-Tax Income for the six months ended in Jun. 2020 was $1.22 Mil. Blackrock Florida Muni 2020 Term Tr's Revenue for the six months ended in Jun. 2020 was $1.06 Mil. Therefore, Blackrock Florida Muni 2020 Term Tr's pretax margin for the quarter that ended in Jun. 2020 was 114.49%.

The historical rank and industry rank for Blackrock Florida Muni 2020 Term Tr's Pretax Margin % or its related term are showing as below:


BFO's Pretax Margin % is not ranked *
in the Asset Management industry.
Industry Median: 90.045
* Ranked among companies with meaningful Pretax Margin % only.

Blackrock Florida Muni 2020 Term Tr Pretax Margin % Historical Data

The historical data trend for Blackrock Florida Muni 2020 Term Tr's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blackrock Florida Muni 2020 Term Tr Pretax Margin % Chart

Blackrock Florida Muni 2020 Term Tr Annual Data
Trend Jul17 Jul18 Dec19
Pretax Margin %
231.52 -28.72 122.63

Blackrock Florida Muni 2020 Term Tr Semi-Annual Data
Jul17 Jan18 Jul18 Jun19 Dec19 Jun20
Pretax Margin % Get a 7-Day Free Trial 114.68 87.32 124.29 121.21 114.49

Competitive Comparison of Blackrock Florida Muni 2020 Term Tr's Pretax Margin %

For the Asset Management subindustry, Blackrock Florida Muni 2020 Term Tr's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackrock Florida Muni 2020 Term Tr's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Florida Muni 2020 Term Tr's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Blackrock Florida Muni 2020 Term Tr's Pretax Margin % falls into.



Blackrock Florida Muni 2020 Term Tr Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Blackrock Florida Muni 2020 Term Tr's Pretax Margin for the fiscal year that ended in Dec. 2019 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2019 )/Revenue (A: Dec. 2019 )
=1.398/1.14
=122.63 %

Blackrock Florida Muni 2020 Term Tr's Pretax Margin for the quarter that ended in Jun. 2020 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2020 )/Revenue (Q: Jun. 2020 )
=1.217/1.063
=114.49 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blackrock Florida Muni 2020 Term Tr  (NYSE:BFO) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Blackrock Florida Muni 2020 Term Tr Pretax Margin % Related Terms

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Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Florida Muni 2020 Term Tr is a non-diversified, closed-end management investment company. Its investment objective to provide current income exempt from regular U.S. federal income tax and Florida intangible personal property tax. The fund primarily invests in investment grade municipal bonds.
Executives
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Blackrock Holdco 2, Inc. other: Affl. of Investment Advisor 40 EAST 52ND STREET, NEW YORK NY 10022
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Ag Ubs other: Former 10% Owner 600 WASHINGTON BLVD., STAMFORD CT 06901
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Robert Crothers officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Janey Ahn officer: Secretary 55 EAST 52ND STREET, NEW YORK NY 10055
John F Powers director 40 EAST 52ND STREET, NEW YORK NY 10022

Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Headlines