BTA (Blackrock Long-term Municipal AdtgTrust) Net Margin %: 108.72% (As of Jul. 2025) — Near Median


BTA Blackrock Long-term Municipal AdtgTrust BTA
18 GF Score
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What is Blackrock Long-term Municipal AdtgTrust Net Margin %?

Blackrock Long-term Municipal AdtgTrust BTA 18 Net Margin % is 108.72% as of Jul. 2025, which is 8% above its 10-year median of 100.32. GuruFocus rates BTA with a GF Score™ of 18/100. The stock has 1 warning sign investors should review.

Net margin is calculated as Net Income divided by its Revenue. Blackrock Long-term Municipal AdtgTrust's Net Income for the six months ended in Jul. 2025 was $-8.91 Mil. Blackrock Long-term Municipal AdtgTrust's Revenue for the six months ended in Jul. 2025 was $-8.20 Mil. Therefore, Blackrock Long-term Municipal AdtgTrust's net margin for the quarter that ended in Jul. 2025 was 108.72%.

The historical rank and industry rank for Blackrock Long-term Municipal AdtgTrust's Net Margin % or its related term are showing as below:

BTA' s Net Margin % Range Over the Past 10 Years
Min: 97.5   Med: 100.32   Max: 112.94
Current: 112.94


BTA's Net Margin % is not ranked
in the Asset Management industry.
Industry Median: 84.88 vs BTA: 112.94

Blackrock Long-term Municipal AdtgTrust  (NYSE:BTA) 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 Long-term Municipal AdtgTrust Net Margin % Related Terms


Blackrock Long-term Municipal AdtgTrust Net Margin % Historical Data

* Premium members only.

The historical data trend for Blackrock Long-term Municipal AdtgTrust'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.

Blackrock Long-term Municipal AdtgTrust Net Margin % Chart

Blackrock Long-term Municipal AdtgTrust Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Jul23 Jul24 Jul25
Net Margin %
Get a 7-Day Free Trial 99.37 101.26 107.36 97.91 112.94

Blackrock Long-term Municipal AdtgTrust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25
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 Premium Member Only Premium Member Only 119.93 97.04 98.44 44.88 108.72

BTA vs CIK, BGX, HYI: Net Margin % Comparison

For the Asset Management subindustry, Blackrock Long-term Municipal AdtgTrust'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 Long-term Municipal AdtgTrust Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Long-term Municipal AdtgTrust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Blackrock Long-term Municipal AdtgTrust's Net Margin % falls into.


BTA
18GF Score
Blackrock Long-term Municipal AdtgTrust BTA
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackrock Long-term Municipal AdtgTrust 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 Long-term Municipal AdtgTrust's Net Margin for the fiscal year that ended in Jul. 2025 is calculated as

Net Margin=Net Income (A: Jul. 2025 )/Revenue (A: Jul. 2025 )
=-8.685/-7.69
=112.94 %

Blackrock Long-term Municipal AdtgTrust's Net Margin for the quarter that ended in Jul. 2025 is calculated as

Net Margin=Net Income (Q: Jul. 2025 )/Revenue (Q: Jul. 2025 )
=-8.913/-8.198
=108.72 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 108.72% mean?
Blackrock Long-term Municipal AdtgTrust (BTA) has a Net Margin % of 108.72% as of Jul. 2025. Net margin is the ratio of total net income to net sales. View historical data on Blackrock Long-term Municipal AdtgTrust and its competitors. This is near median its historical median of 100.32. Over the past decade, Blackrock Long-term Municipal AdtgTrust's Net Margin % has ranged from 97.50 to 112.94.
Is Blackrock Long-term Municipal AdtgTrust's Net Margin % too high?
Blackrock Long-term Municipal AdtgTrust's current Net Margin % of 108.72% is near median its 10-year median of 100.32. Over the past 10 years, this metric has ranged from a low of 97.50 to a high of 112.94. The Asset Management industry median Net Margin % is 84.88. Blackrock Long-term Municipal AdtgTrust's value of 108.72% is 28.1% above this industry median. Overall, Blackrock Long-term Municipal AdtgTrust has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Long-term Municipal AdtgTrust's Net Margin % compare to CIK and BGX?
Blackrock Long-term Municipal AdtgTrust's Net Margin % of 108.72% can be compared against companies in the Asset Management industry. The industry median Net Margin % is 84.88. Blackrock Long-term Municipal AdtgTrust's value of 108.72% is 28.1% above this benchmark. Historically, Blackrock Long-term Municipal AdtgTrust's own Net Margin % has ranged from 97.50 to 112.94 over the past decade. While the company's 10-year median is 100.32 vs. the industry median of 84.88, Blackrock Long-term Municipal AdtgTrust 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 84.88, based on 1,579 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 Long-term Municipal AdtgTrust's current Net Margin % of 108.72% is 28.1% 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 Long-term Municipal AdtgTrust and its competitors. For the Asset Management industry, the median Net Margin % is 84.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Long-term Municipal AdtgTrust's current Net Margin % is 108.72%, which is near median its own 10-year median of 100.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Long-term Municipal AdtgTrust stock overvalued right now?
Blackrock Long-term Municipal AdtgTrust (BTA) has a current Net Margin % of 108.72%. The current Net Margin % is 108.72%, which is near median its 10-year median of 100.32 and 28.1% above the Asset Management industry median of 84.88. Blackrock Long-term Municipal AdtgTrust's overall GF Score™ is 18/100 with 1 warning sign 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 Long-term Municipal AdtgTrust (BTA), the current Net Margin % is 108.72% as of Jul. 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.

Blackrock Long-term Municipal AdtgTrust Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Long-term Municipal AdtgTrust is a diversified closed-end investment trust. Its investment objective is to provide current income exempt from regular U.S. federal income tax. The fund, under normal market conditions, invests a majority of its managed assets in municipal obligations and derivative instruments with exposure to such municipal obligations, in each case that are expected to pay interest or income that is exempt from U.S. federal income tax. Its investment portfolio comprises dollar-weighted, long-term municipal bonds with a maturity of more than ten years at the time of investment. The fund's investments have exposure to various sectors such as Corporate, Health, County/City/Special District/School District, Transportation, Education, Utilities, State, Tobacco, etc.
18GF Score

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