Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) FCF Margin % : 42.75% (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Blackrock Floating Rateome Trust FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Blackrock Floating Rateome Trust's Free Cash Flow for the six months ended in Dec. 2023 was $8.01 Mil. Blackrock Floating Rateome Trust's Revenue for the six months ended in Dec. 2023 was $18.72 Mil. Therefore, Blackrock Floating Rateome Trust's FCF Margin % for the quarter that ended in Dec. 2023 was 42.75%.

As of today, Blackrock Floating Rateome Trust's current FCF Yield % is 7.16%.

The historical rank and industry rank for Blackrock Floating Rateome Trust's FCF Margin % or its related term are showing as below:

BGT' s FCF Margin % Range Over the Past 10 Years
Min: -1241.11 Med: 79.89 Max: 945.57
Current: 52.35

During the past 7 years, the highest FCF Margin % of Blackrock Floating Rateome Trust was 945.57%. The lowest was -1241.11%. And the median was 79.89%.

BGT's FCF Margin % is ranked better than
67.63% of 1554 companies
in the Asset Management industry
Industry Median: 16.54 vs BGT: 52.35

Blackrock Floating Rateome Trust FCF Margin % Historical Data

The historical data trend for Blackrock Floating Rateome Trust's FCF 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 Floating Rateome Trust FCF Margin % Chart

Blackrock Floating Rateome Trust Annual Data

Trend

Oct17

Oct18

Oct19

Dec20

Dec21

Dec22

Dec23

FCF Margin %

Get a 7-Day Free Trial

523.33

945.57

13.60

-1,241.11

52.35

Blackrock Floating Rateome Trust Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
FCF Margin %	Get a 7-Day Free Trial								-48.08	-106.84	271.25	61.04	42.75

Competitive Comparison of Blackrock Floating Rateome Trust's FCF Margin %

For the Asset Management subindustry, Blackrock Floating Rateome Trust's FCF Margin %, along with its competitors' market caps and FCF 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 Floating Rateome Trust's FCF Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Floating Rateome Trust's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Blackrock Floating Rateome Trust's FCF Margin % falls into.

Blackrock Floating Rateome Trust FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Blackrock Floating Rateome Trust's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	20.623	/	39.393
	=	52.35 %

Blackrock Floating Rateome Trust's FCF Margin for the quarter that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	8.005	/	18.723
	=	42.75 %

Blackrock Floating Rateome Trust FCF Margin % Related Terms

Thank you for viewing the detailed overview of Blackrock Floating Rateome Trust's FCF Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Floating Rate Income Trust (NYSE:BGT) » Definitions » FCF Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

Blackrock Floating Rate Income Trust is a closed-end management investment company. Its investment objective is to provide a high level of current income. The company's secondary investment objective is to seek the preservation of capital. The Trust seeks to achieve its investment objectives by investing mainly, under normal conditions, at least 80% of its assets in floating and variable rate instruments of U.S. and non-U.S. issuers, including a substantial portion of its assets in global floating and variable rate securities including senior secured floating rate loans made to corporate and other business entities.

Executives

Arthur Philip Steinmetz	director	50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman	officer: Chief Compliance Officer	50 HUDSON YARDS, NEW YORK NY 10001
Lorenzo Flores	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman	director	P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris	director	1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker	officer: Chief Financial Officer	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Robert Glenn Hubbard	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock Internationl, Ltd.	other: Investment Adviser	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
James Keenan	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Abigail Apistolas	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Henry Gabbay	officer: Treasurer	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mitchell Garfin	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Carly Wilson	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) Headlines

From GuruFocus

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

By Business Wire Business Wire • 12-20-2021