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BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, (BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,) Net Margin %

: 99.64% (As of Jan. 2024)
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Net margin is calculated as Net Income divided by its Revenue. BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Net Income for the six months ended in Jan. 2024 was $9.11 Mil. BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Revenue for the six months ended in Jan. 2024 was $9.15 Mil. Therefore, BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s net margin for the quarter that ended in Jan. 2024 was 99.64%.

The historical rank and industry rank for BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Net Margin % or its related term are showing as below:

MHN' s Net Margin % Range Over the Past 10 Years
Min: 97.49   Med: 103.03   Max: 106.98
Current: 99.64


MHN's Net Margin % is ranked better than
79.59% of 1671 companies
in the Asset Management industry
Industry Median: 86.35 vs MHN: 99.64

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, Net Margin % Historical Data

The historical data trend for BLACKROCK MUNIHOLDINGS NEW YORK 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 YORK QUALITY FUND, Annual Data
Trend Aug17 Aug18 Aug19 Aug20
Net Margin %
106.98 106.29 99.76 97.49

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Jan23 Jan24
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.16 99.45 100.19 100.40 99.64

Competitive Comparison

For the Asset Management subindustry, BLACKROCK MUNIHOLDINGS NEW YORK 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 YORK QUALITY FUND, Net Margin % Distribution

For the Asset Management industry and Financial Services sector, BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Net Margin % distribution charts can be found below:

* The bar in red indicates where BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Net Margin % falls into.



BLACKROCK MUNIHOLDINGS NEW YORK 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 YORK QUALITY FUND,'s Net Margin for the fiscal year that ended in Aug. 2020 is calculated as

Net Margin=Net Income (A: Aug. 2020 )/Revenue (A: Aug. 2020 )
=5.234/5.369
=97.49 %

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=9.114/9.147
=99.64 %

* 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 YORK QUALITY FUND,  (NYSE:MHN) 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 YORK QUALITY FUND, Net Margin % Related Terms

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BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, (BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC. is a closed-end management investment company. The fund's investment objective is to provide shareholders with current income exempt from federal income tax and New York State and New York City personal income taxes.
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
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Michael Perilli other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
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
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, (BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,) Headlines