MIY (Blackrock Muniyield Michigan Quality Fund) Net Margin %: 98.92% (As of Jan. 2026) — Near Median


MIY Blackrock Muniyield Michigan Quality Fund Inc MIY
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What is Blackrock Muniyield Michigan Quality Fund Net Margin %?

Blackrock Muniyield Michigan Quality Fund MIY +0.83% 31 Net Margin % is 98.92% as of Jan. 2026, which is 0% above its 10-year median of 98.72. GuruFocus rates MIY with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 1,580 Asset Management companies, Blackrock Muniyield Michigan Quality Fund ranks better than 58.16% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Blackrock Muniyield Michigan Quality Fund's Net Income for the six months ended in Jan. 2026 was $29.64 Mil. Blackrock Muniyield Michigan Quality Fund's Revenue for the six months ended in Jan. 2026 was $29.97 Mil. Therefore, Blackrock Muniyield Michigan Quality Fund's net margin for the quarter that ended in Jan. 2026 was 98.92%.

The historical rank and industry rank for Blackrock Muniyield Michigan Quality Fund's Net Margin % or its related term are showing as below:

MIY' s Net Margin % Range Over the Past 10 Years
Min: 92.45   Med: 98.72   Max: 114.42
Current: 93.81


MIY's Net Margin % is ranked better than
58.16% of 1580 companies
in the Asset Management industry
Industry Median: 84.895 vs MIY: 93.81

Blackrock Muniyield Michigan Quality Fund  (NYSE:MIY) 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 Muniyield Michigan Quality Fund Net Margin % Related Terms


Blackrock Muniyield Michigan Quality Fund Net Margin % Historical Data

* Premium members only.

The historical data trend for Blackrock Muniyield Michigan Quality Fund'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 Muniyield Michigan Quality Fund Net Margin % Chart

Blackrock Muniyield Michigan Quality Fund Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.70 100.65 108.57 98.65 101.99

Blackrock Muniyield Michigan Quality Fund Semi-Annual Data
Jul15 Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.35 99.32 108.37 101.69 98.92

MIY vs HPF, EMF, HIO: Net Margin % Comparison

For the Asset Management subindustry, Blackrock Muniyield Michigan Quality Fund'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 Muniyield Michigan Quality Fund Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Muniyield Michigan Quality Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Blackrock Muniyield Michigan Quality Fund's Net Margin % falls into.


MIY
31GF Score
Blackrock Muniyield Michigan Quality Fund Inc MIY
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackrock Muniyield Michigan Quality Fund 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 Muniyield Michigan Quality Fund'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 )
=-20.791/-20.385
=101.99 %

Blackrock Muniyield Michigan Quality Fund's Net Margin for the quarter that ended in Jan. 2026 is calculated as

Net Margin=Net Income (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=29.641/29.965
=98.92 %

* 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 98.92% mean?
Blackrock Muniyield Michigan Quality Fund (MIY) has a Net Margin % of 98.92% as of Jan. 2026. Net margin is the ratio of total net income to net sales. View historical data on Blackrock Muniyield Michigan Quality Fund and its competitors. This is near median its historical median of 98.72. Over the past decade, Blackrock Muniyield Michigan Quality Fund's Net Margin % has ranged from 92.45 to 114.42. According to the industry distribution chart, Blackrock Muniyield Michigan Quality Fund ranks #661 out of 1580 companies in the Asset Management industry, placing it in the top 41.8%.
Is Blackrock Muniyield Michigan Quality Fund's Net Margin % too high?
Blackrock Muniyield Michigan Quality Fund's current Net Margin % of 98.92% is near median its 10-year median of 98.72. Over the past 10 years, this metric has ranged from a low of 92.45 to a high of 114.42. The Asset Management industry median Net Margin % is 84.90. Blackrock Muniyield Michigan Quality Fund's value of 98.92% is 16.5% above this industry median. Based on the distribution chart, Blackrock Muniyield Michigan Quality Fund ranks #661 out of 1580 companies in the Asset Management industry, which is above the industry midpoint. Overall, Blackrock Muniyield Michigan Quality Fund has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Muniyield Michigan Quality Fund's Net Margin % compare to HPF and EMF?
According to the Asset Management industry distribution chart, Blackrock Muniyield Michigan Quality Fund ranks #661 out of 1580 companies for Net Margin %. This puts Blackrock Muniyield Michigan Quality Fund in the upper half of its industry. The industry median Net Margin % is 84.90. Blackrock Muniyield Michigan Quality Fund's value of 98.92% is 16.5% above this benchmark. Historically, Blackrock Muniyield Michigan Quality Fund's own Net Margin % has ranged from 92.45 to 114.42 over the past decade. While the company's 10-year median is 98.72 vs. the industry median of 84.90, Blackrock Muniyield Michigan Quality Fund 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 84.90, based on 1,580 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 Muniyield Michigan Quality Fund's current Net Margin % of 98.92% is 16.5% 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 Muniyield Michigan Quality Fund and its competitors. For the Asset Management industry, the median Net Margin % is 84.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Muniyield Michigan Quality Fund's current Net Margin % is 98.92%, which is near median its own 10-year median of 98.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Muniyield Michigan Quality Fund stock overvalued right now?
Blackrock Muniyield Michigan Quality Fund (MIY) has a current Net Margin % of 98.92%. The current Net Margin % is 98.92%, which is near median its 10-year median of 98.72 and 16.5% above the Asset Management industry median of 84.90. Blackrock Muniyield Michigan Quality Fund's overall GF Score™ is 31/100 with 2 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 Muniyield Michigan Quality Fund (MIY), the current Net Margin % is 98.92% as of Jan. 2026. 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 Muniyield Michigan Quality Fund Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Muniyield Michigan Quality Fund Inc is a closed end fund. Its investment objective is to provide shareholders with as high a level of current income exempt from U.S. federal income taxes and New York State and New York City personal income taxes as is consistent with its investment policies and prudent investment management.
31GF Score

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