BHV (Blackrock Virginia Municipal Bond Trust) Pretax Margin %: 91.30% (As of Jan. 2026) — Near Median

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BHV Blackrock Virginia Municipal Bond Trust BHV
33 GF Score
Price $12.65
! 5 Warning Signs
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What is Blackrock Virginia Municipal Bond Trust Pretax Margin %?

Blackrock Virginia Municipal Bond Trust BHV +1.04% 33 Pretax Margin % is 91.30% as of Jan. 2026, which is 2% below its 10-year median of 92.92. GuruFocus rates BHV with a GF Score™ of 33/100. The stock has 5 warning signs investors should review. Among 1,566 Asset Management companies, Blackrock Virginia Municipal Bond Trust ranks worse than 87.68% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Blackrock Virginia Municipal Bond Trust's Pre-Tax Income for the six months ended in Jan. 2026 was $1.40 Mil. Blackrock Virginia Municipal Bond Trust's Revenue for the six months ended in Jan. 2026 was $1.53 Mil. Therefore, Blackrock Virginia Municipal Bond Trust's pretax margin for the quarter that ended in Jan. 2026 was 91.30%.

The historical rank and industry rank for Blackrock Virginia Municipal Bond Trust's Pretax Margin % or its related term are showing as below:

BHV' s Pretax Margin % Range Over the Past 10 Years
Min: -191.67   Med: 92.92   Max: 118.71
Current: -10.84


BHV's Pretax Margin % is ranked worse than
87.68% of 1566 companies
in the Asset Management industry
Industry Median: 90.8 vs BHV: -10.84

Blackrock Virginia Municipal Bond Trust  (NYSE:BHV) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Blackrock Virginia Municipal Bond Trust Pretax Margin % Related Terms


Blackrock Virginia Municipal Bond Trust Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Blackrock Virginia Municipal Bond Trust's Pretax 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 Virginia Municipal Bond Trust Pretax Margin % Chart

Blackrock Virginia Municipal Bond Trust Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Jul23 Jul24 Jul25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.95 94.19 118.71 75.25 116.91

Blackrock Virginia Municipal Bond Trust Semi-Annual Data
Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Pretax 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 68.09 83.53 -2,333.33 111.17 91.30

BHV vs RCG, BCG, TETAA: Pretax Margin % Comparison

For the Asset Management subindustry, Blackrock Virginia Municipal Bond Trust's Pretax Margin %, along with its competitors' market caps and Pretax 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 Virginia Municipal Bond Trust Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Virginia Municipal Bond Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Blackrock Virginia Municipal Bond Trust's Pretax Margin % falls into.


BHV
33GF Score
Blackrock Virginia Municipal Bond Trust BHV
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackrock Virginia Municipal Bond Trust Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Blackrock Virginia Municipal Bond Trust's Pretax Margin for the fiscal year that ended in Jul. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2025 )/Revenue (A: Jul. 2025 )
=-1.493/-1.277
=116.91 %

Blackrock Virginia Municipal Bond Trust's Pretax Margin for the quarter that ended in Jan. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=1.396/1.529
=91.30 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 91.30% mean?
Blackrock Virginia Municipal Bond Trust (BHV) has a Pretax Margin % of 91.30% as of Jan. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Blackrock Virginia Municipal Bond Trust and its competitors. This is near median its historical median of 92.92. According to the industry distribution chart, Blackrock Virginia Municipal Bond Trust ranks #1373 out of 1566 companies in the Asset Management industry, placing it in the top 87.7%.
Is Blackrock Virginia Municipal Bond Trust's Pretax Margin % too high?
Blackrock Virginia Municipal Bond Trust's current Pretax Margin % of 91.30% is near median its 10-year median of 92.92. The Asset Management industry median Pretax Margin % is 90.80. Blackrock Virginia Municipal Bond Trust's value of 91.30% is 0.6% above this industry median. Based on the distribution chart, Blackrock Virginia Municipal Bond Trust ranks #1373 out of 1566 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Blackrock Virginia Municipal Bond Trust has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Virginia Municipal Bond Trust's Pretax Margin % compare to RCG and BCG?
According to the Asset Management industry distribution chart, Blackrock Virginia Municipal Bond Trust ranks #1373 out of 1566 companies for Pretax Margin %. This places Blackrock Virginia Municipal Bond Trust in the lower half of its industry. The industry median Pretax Margin % is 90.80. Blackrock Virginia Municipal Bond Trust's value of 91.30% is 0.6% above this benchmark. While the company's 10-year median is 92.92 vs. the industry median of 90.80, Blackrock Virginia Municipal Bond Trust 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 Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 90.80, based on 1,566 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blackrock Virginia Municipal Bond Trust's current Pretax Margin % of 91.30% is 0.6% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Blackrock Virginia Municipal Bond Trust and its competitors. For the Asset Management industry, the median Pretax Margin % is 90.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Virginia Municipal Bond Trust's current Pretax Margin % is 91.30%, which is near median its own 10-year median of 92.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Virginia Municipal Bond Trust stock overvalued right now?
Blackrock Virginia Municipal Bond Trust (BHV) has a current Pretax Margin % of 91.30%. The current Pretax Margin % is 91.30%, which is near median its 10-year median of 92.92 and 0.6% above the Asset Management industry median of 90.80. Blackrock Virginia Municipal Bond Trust's overall GF Score™ is 33/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Blackrock Virginia Municipal Bond Trust (BHV), the current Pretax Margin % is 91.30% 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 Virginia Municipal Bond Trust Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Virginia Municipal Bond Trust is a perpetual closed-end municipal bond fund. Its objective is to provide current income exempt from regular Federal income taxes and Virginia personal income taxes.
33GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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