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BlackRock 2037 Mun TgtBMN -0.20%48 Net Margin % is 99.13% as of Dec. 2025, which is 1% above its 10-year median of 97.93. GuruFocus rates BMN with a GF Score™ of 48/100 and a GF Value™ of $46.43 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,569 Asset Management companies, BlackRock 2037 Mun Tgt ranks better than 69.22% on this metric.
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: 95.82 Med: 97.93 Max: 98.49
Current: 97.84
BMN's Net Margin % is ranked better than 69.22% of 1569
companies
in the Asset Management industry
Industry Median: 85.3
vs BMN: 97.84
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
BlackRock 2037 Mun Tgt Net Margin % Historical Data
* 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.
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 Net Margin % vs 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.
* 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 (BMN) has a Net Margin % of 99.13% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on BlackRock 2037 Mun Tgt and its competitors. This is near median its historical median of 97.93. Over the past decade, BlackRock 2037 Mun Tgt's Net Margin % has ranged from 95.82 to 98.49. According to the industry distribution chart, BlackRock 2037 Mun Tgt ranks #483 out of 1569 companies in the Asset Management industry, placing it in the top 30.8%.
Is BlackRock 2037 Mun Tgt's Net Margin % too high?
BlackRock 2037 Mun Tgt's current Net Margin % of 99.13% is near median its 10-year median of 97.93. Over the past 10 years, this metric has ranged from a low of 95.82 to a high of 98.49. The Asset Management industry median Net Margin % is 85.30. BlackRock 2037 Mun Tgt's value of 99.13% is 16.2% above this industry median. Based on the distribution chart, BlackRock 2037 Mun Tgt ranks #483 out of 1569 companies in the Asset Management industry, which is above the industry midpoint. Overall, BlackRock 2037 Mun Tgt has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BlackRock 2037 Mun Tgt's Net Margin % compare to GLQ and NAZ?
According to the Asset Management industry distribution chart, BlackRock 2037 Mun Tgt ranks #483 out of 1569 companies for Net Margin %. This puts BlackRock 2037 Mun Tgt in the upper half of its industry. The industry median Net Margin % is 85.30. BlackRock 2037 Mun Tgt's value of 99.13% is 16.2% above this benchmark. Historically, BlackRock 2037 Mun Tgt's own Net Margin % has ranged from 95.82 to 98.49 over the past decade. While the company's 10-year median is 97.93 vs. the industry median of 85.30, BlackRock 2037 Mun Tgt has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 85.30, based on 1,569 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackRock 2037 Mun Tgt's current Net Margin % of 99.13% is 16.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on BlackRock 2037 Mun Tgt and its competitors. For the Asset Management industry, the median Net Margin % is 85.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock 2037 Mun Tgt's current Net Margin % is 99.13%, which is near median its own 10-year median of 97.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock 2037 Mun Tgt stock overvalued right now?
Based on GuruFocus' analysis, BlackRock 2037 Mun Tgt (BMN) is currently considered Possible Value Trap. The stock's GF Value™ is $46.43, compared to a current price of $25.51 — trading 45.1% below its estimated fair value. The current Net Margin % is 99.13%, which is near median its 10-year median of 97.93 and 16.2% above the Asset Management industry median of 85.30. BlackRock 2037 Mun Tgt's overall GF Score™ is 48/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For BlackRock 2037 Mun Tgt (BMN), the current Net Margin % is 99.13% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BlackRock 2037 Mun Tgt (BMN) Overvalued in 2026?
Based on GuruFocus' analysis, BlackRock 2037 Mun Tgt stock appears to be undervalued.
The current stock price of $25.51 is trading 45.1% below its estimated GF Value™ of $46.43.
GuruFocus considers BlackRock 2037 Mun Tgt to be Possible Value Trap.
Key valuation signals for BMN:
Net Margin %: 99.13% (near median its 10-year median of 97.93)
GF Value™: $46.43 vs. price of $25.51 (45.1% below fair value)
Industry Position: 16.2% above the Asset Management median (#483 of 1569)
No single metric tells the full story. See the BMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. The Trust invests in investment grade quality securities or securities that are unrated but judged to be of comparable quality by the investment adviser.
48GF Score
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