GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Floating Rate Inc Stra Fd Inc (NYSE:FRA) » Definitions » Net Margin %

Blackrock Floating Rate Stra Fd (Blackrock Floating Rate Stra Fd) Net Margin % : 99.50% (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Blackrock Floating Rate Stra Fd Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Blackrock Floating Rate Stra Fd's Net Income for the six months ended in Dec. 2023 was $29.45 Mil. Blackrock Floating Rate Stra Fd's Revenue for the six months ended in Dec. 2023 was $29.60 Mil. Therefore, Blackrock Floating Rate Stra Fd's net margin for the quarter that ended in Dec. 2023 was 99.50%.

The historical rank and industry rank for Blackrock Floating Rate Stra Fd's Net Margin % or its related term are showing as below:

FRA' s Net Margin % Range Over the Past 10 Years
Min: 93.71   Med: 97.59   Max: 104.05
Current: 99.53


FRA's Net Margin % is ranked better than
79.45% of 1669 companies
in the Asset Management industry
Industry Median: 86.05 vs FRA: 99.53

Blackrock Floating Rate Stra Fd Net Margin % Historical Data

The historical data trend for Blackrock Floating Rate Stra Fd'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 Floating Rate Stra Fd Net Margin % Chart

Blackrock Floating Rate Stra Fd Annual Data
Trend Aug17 Aug18 Aug19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 96.40 93.71 98.80 104.05 99.53

Blackrock Floating Rate Stra Fd Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.15 100.66 99.56 99.56 99.50

Competitive Comparison of Blackrock Floating Rate Stra Fd's Net Margin %

For the Asset Management subindustry, Blackrock Floating Rate Stra Fd'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 Floating Rate Stra Fd's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Floating Rate Stra Fd's Net Margin % distribution charts can be found below:

* The bar in red indicates where Blackrock Floating Rate Stra Fd's Net Margin % falls into.



Blackrock Floating Rate Stra Fd 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 Floating Rate Stra Fd'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 )
=62.709/63.005
=99.53 %

Blackrock Floating Rate Stra Fd'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 )
=29.45/29.598
=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 Floating Rate Stra Fd  (NYSE:FRA) 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 Floating Rate Stra Fd Net Margin % Related Terms

Thank you for viewing the detailed overview of Blackrock Floating Rate Stra Fd's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackrock Floating Rate Stra Fd (Blackrock Floating Rate Stra Fd) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Floating Rate Inc Stra Fd Inc is a United States-based diversified closed-end management investment company. The Fund's investment objective is to provide shareholders with high current income and preservation of capital with investment in a diversified, leveraged portfolio consisting of floating-rate debt securities and instruments.
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
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
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
David Delbos other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Carly Wilson other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Abigail Apistolas other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Mitchell Garfin other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Joshua Tarnow other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212