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MUJ (BlackRock MuniHoldings New Jersey Quality Fund) Net Margin % : 99.50% (As of Jul. 2024)


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What is BlackRock MuniHoldings New Jersey Quality Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. BlackRock MuniHoldings New Jersey Quality Fund's Net Income for the six months ended in Jul. 2024 was $7.83 Mil. BlackRock MuniHoldings New Jersey Quality Fund's Revenue for the six months ended in Jul. 2024 was $7.87 Mil. Therefore, BlackRock MuniHoldings New Jersey Quality Fund's net margin for the quarter that ended in Jul. 2024 was 99.50%.

The historical rank and industry rank for BlackRock MuniHoldings New Jersey Quality Fund's Net Margin % or its related term are showing as below:

MUJ' s Net Margin % Range Over the Past 10 Years
Min: 96.66   Med: 99.04   Max: 133.4
Current: 99.14


MUJ's Net Margin % is ranked better than
79.91% of 1643 companies
in the Asset Management industry
Industry Median: 87.84 vs MUJ: 99.14

BlackRock MuniHoldings New Jersey Quality Fund Net Margin % Historical Data

The historical data trend for BlackRock MuniHoldings New Jersey 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.

* Premium members only.

BlackRock MuniHoldings New Jersey Quality Fund Net Margin % Chart

BlackRock MuniHoldings New Jersey Quality Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Net Margin %
Get a 7-Day Free Trial 97.37 98.94 101.06 133.40 99.13

BlackRock MuniHoldings New Jersey Quality Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 100.74 133.19 133.55 99.00 99.50

Competitive Comparison of BlackRock MuniHoldings New Jersey Quality Fund's Net Margin %

For the Asset Management subindustry, BlackRock MuniHoldings New Jersey 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 MuniHoldings New Jersey Quality Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock MuniHoldings New Jersey Quality Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where BlackRock MuniHoldings New Jersey Quality Fund's Net Margin % falls into.



BlackRock MuniHoldings New Jersey 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 MuniHoldings New Jersey Quality Fund's Net Margin for the fiscal year that ended in Jul. 2024 is calculated as

Net Margin=Net Income (A: Jul. 2024 )/Revenue (A: Jul. 2024 )
=29.676/29.935
=99.13 %

BlackRock MuniHoldings New Jersey Quality Fund's Net Margin for the quarter that ended in Jul. 2024 is calculated as

Net Margin=Net Income (Q: Jul. 2024 )/Revenue (Q: Jul. 2024 )
=7.828/7.867
=99.50 %

* 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 MuniHoldings New Jersey Quality Fund  (NYSE:MUJ) 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 MuniHoldings New Jersey Quality Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of BlackRock MuniHoldings New Jersey Quality Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock MuniHoldings New Jersey Quality Fund Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock MuniHoldings New Jersey Quality Fund Inc is a closed-end management investment company. The investment objective of the company is to provide shareholders with current income exempt from U.S. federal income tax and New Jersey personal income taxes. The fund invests in a portfolio of long-term, investment-grade New Jersey municipal obligations.
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
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Peter Hayes other: Officer of the Advisor 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jaeckel Theodore R Jr other: Portfolio Manager 800SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055

BlackRock MuniHoldings New Jersey Quality Fund Headlines

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