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BlackRock 2037 Mun Tgt (BlackRock 2037 Mun Tgt) Net Margin % : 98.53% (As of Dec. 2023)


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What is BlackRock 2037 Mun Tgt Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. BlackRock 2037 Mun Tgt's Net Income for the six months ended in Dec. 2023 was $6.62 Mil. BlackRock 2037 Mun Tgt's Revenue for the six months ended in Dec. 2023 was $6.72 Mil. Therefore, BlackRock 2037 Mun Tgt's net margin for the quarter that ended in Dec. 2023 was 98.53%.

The historical rank and industry rank for BlackRock 2037 Mun Tgt's Net Margin % or its related term are showing as below:

BMN' s Net Margin % Range Over the Past 10 Years
Min: 98.01   Med: 98.25   Max: 98.49
Current: 98.49


BMN's Net Margin % is ranked better than
74.04% of 1664 companies
in the Asset Management industry
Industry Median: 86.98 vs BMN: 98.49

BlackRock 2037 Mun Tgt Net Margin % Historical Data

The historical data trend for BlackRock 2037 Mun Tgt'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 2037 Mun Tgt Net Margin % Chart

BlackRock 2037 Mun Tgt Annual Data
Trend Dec22 Dec23
Net Margin %
98.01 98.49

BlackRock 2037 Mun Tgt Semi-Annual Data
Dec22 Jun23 Dec23
Net Margin % - 98.44 98.53

Competitive Comparison of BlackRock 2037 Mun Tgt's Net Margin %

For the Asset Management subindustry, BlackRock 2037 Mun Tgt'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 2037 Mun Tgt's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock 2037 Mun Tgt's Net Margin % distribution charts can be found below:

* The bar in red indicates where BlackRock 2037 Mun Tgt's Net Margin % falls into.



BlackRock 2037 Mun Tgt 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 2037 Mun Tgt's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=11.727/11.907
=98.49 %

BlackRock 2037 Mun Tgt's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=6.617/6.716
=98.53 %

* 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 2037 Mun Tgt  (NYSE:BMN) 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 2037 Mun Tgt Net Margin % Related Terms

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BlackRock 2037 Mun Tgt (BlackRock 2037 Mun Tgt) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock 2037 Mun Tgt is a non-diversified, closed-end management investment company. The Trust's investment objective is to provide current income that is exempt from regular federal income tax.
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
Peter Hayes other: Officer of the Advisor 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jay M. Fife officer: Treasurer 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Blackrock Advisors Llc other: Investment Adviser 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Blackrock Financial Management Inc/de other: See Remarks 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
W Carl Kester director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
John Perlowski director, officer: President and CEO 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Janey Ahn officer: Secretary 55 EAST 52ND STREET, NEW YORK NY 10055

BlackRock 2037 Mun Tgt (BlackRock 2037 Mun Tgt) Headlines

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