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BIT (BlackRock Multi-Sectorome Trust) Net Margin % : 98.48% (As of Jun. 2024)


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What is BlackRock Multi-Sectorome Trust Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. BlackRock Multi-Sectorome Trust's Net Income for the six months ended in Jun. 2024 was $15.85 Mil. BlackRock Multi-Sectorome Trust's Revenue for the six months ended in Jun. 2024 was $16.09 Mil. Therefore, BlackRock Multi-Sectorome Trust's net margin for the quarter that ended in Jun. 2024 was 98.48%.

The historical rank and industry rank for BlackRock Multi-Sectorome Trust's Net Margin % or its related term are showing as below:

BIT' s Net Margin % Range Over the Past 10 Years
Min: 91.25   Med: 99.1   Max: 118.6
Current: 93.63


BIT's Net Margin % is ranked better than
55.19% of 1656 companies
in the Asset Management industry
Industry Median: 89.135 vs BIT: 93.63

BlackRock Multi-Sectorome Trust Net Margin % Historical Data

The historical data trend for BlackRock Multi-Sectorome Trust's Net 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 Multi-Sectorome Trust Net Margin % Chart

BlackRock Multi-Sectorome Trust Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Net Margin %
Get a 7-Day Free Trial 91.25 118.60 98.90 98.43 100.80

BlackRock Multi-Sectorome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Jun24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.68 100.97 99.14 104.45 98.48

Competitive Comparison of BlackRock Multi-Sectorome Trust's Net Margin %

For the Asset Management subindustry, BlackRock Multi-Sectorome Trust's Net Margin %, along with its competitors' market caps and Net 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 Multi-Sectorome Trust's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Multi-Sectorome Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where BlackRock Multi-Sectorome Trust's Net Margin % falls into.



BlackRock Multi-Sectorome Trust Net Margin % Calculation

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

BlackRock Multi-Sectorome Trust's Net Margin for the fiscal year that ended in Oct. 2022 is calculated as

Net Margin=Net Income (A: Oct. 2022 )/Revenue (A: Oct. 2022 )
=-69.133/-68.581
=100.80 %

BlackRock Multi-Sectorome Trust's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=15.848/16.093
=98.48 %

* 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 Multi-Sectorome Trust  (NYSE:BIT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


BlackRock Multi-Sectorome Trust Net Margin % Related Terms

Thank you for viewing the detailed overview of BlackRock Multi-Sectorome Trust's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock Multi-Sectorome Trust Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Multi-Sector Income Trust is a closed-end investment management company. It invests on behalf of its clients. The fund's primary investment objective is to provide a high level of current income, with a secondary objective of capital appreciation. The company seeks to achieve its investment objectives by investing, under normal market conditions, a majority of its assets in loan and debt instruments and other investments with similar economic characteristics. Its portfolio consists of Corporate Bonds, Asset-Backed Securities, Preferred Securities and others.
Executives
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Scott Maclellan other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
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
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Akiva Dickstein other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Samir Lakhani other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Thomas Musmanno other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Randy Robertson other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
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

BlackRock Multi-Sectorome Trust Headlines

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