BTT (Blackrock Municipal 2030 Target Term Trust) Pretax Margin %: 93.99% (As of Jan. 2026) — Near Median


BTT Blackrock Municipal 2030 Target Term Trust BTT
35 GF Score
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What is Blackrock Municipal 2030 Target Term Trust Pretax Margin %?

Blackrock Municipal 2030 Target Term Trust BTT -0.04% 35 Pretax Margin % is 93.99% as of Jan. 2026, which is 5% below its 10-year median of 99.45. GuruFocus rates BTT with a GF Score™ of 35/100. The stock has 4 warning signs investors should review. Among 1,576 Asset Management companies, Blackrock Municipal 2030 Target Term Trust ranks better than 53.17% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Blackrock Municipal 2030 Target Term Trust's Pre-Tax Income for the six months ended in Jan. 2026 was $53.57 Mil. Blackrock Municipal 2030 Target Term Trust's Revenue for the six months ended in Jan. 2026 was $56.99 Mil. Therefore, Blackrock Municipal 2030 Target Term Trust's pretax margin for the quarter that ended in Jan. 2026 was 93.99%.

The historical rank and industry rank for Blackrock Municipal 2030 Target Term Trust's Pretax Margin % or its related term are showing as below:

BTT' s Pretax Margin % Range Over the Past 10 Years
Min: 88.9   Med: 99.45   Max: 197.69
Current: 92.44


BTT's Pretax Margin % is ranked better than
53.17% of 1576 companies
in the Asset Management industry
Industry Median: 89.475 vs BTT: 92.44

Blackrock Municipal 2030 Target Term Trust  (NYSE:BTT) 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 Municipal 2030 Target Term Trust Pretax Margin % Related Terms


Blackrock Municipal 2030 Target Term Trust Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Blackrock Municipal 2030 Target Term 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 Municipal 2030 Target Term Trust Pretax Margin % Chart

Blackrock Municipal 2030 Target Term Trust Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only 99.45 100.38 197.69 98.61 88.90

Blackrock Municipal 2030 Target Term Trust Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jul21 Jan22 Jul22 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 99.15 96.56 87.87 89.77 93.99

BTT vs CSWC, HYT, TRIN: Pretax Margin % Comparison

For the Asset Management subindustry, Blackrock Municipal 2030 Target Term 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 Municipal 2030 Target Term Trust Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Municipal 2030 Target Term Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Blackrock Municipal 2030 Target Term Trust's Pretax Margin % falls into.


BTT
35GF Score
Blackrock Municipal 2030 Target Term Trust BTT
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackrock Municipal 2030 Target Term 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 Municipal 2030 Target Term 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 )
=54.45/61.251
=88.90 %

Blackrock Municipal 2030 Target Term 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 )
=53.566/56.993
=93.99 %

* 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 93.99% mean?
Blackrock Municipal 2030 Target Term Trust (BTT) has a Pretax Margin % of 93.99% as of Jan. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Blackrock Municipal 2030 Target Term Trust and its competitors. This is near median its historical median of 99.45. Over the past decade, Blackrock Municipal 2030 Target Term Trust's Pretax Margin % has ranged from 88.90 to 197.69. According to the industry distribution chart, Blackrock Municipal 2030 Target Term Trust ranks #738 out of 1576 companies in the Asset Management industry, placing it in the top 46.8%.
Is Blackrock Municipal 2030 Target Term Trust's Pretax Margin % too high?
Blackrock Municipal 2030 Target Term Trust's current Pretax Margin % of 93.99% is near median its 10-year median of 99.45. Over the past 10 years, this metric has ranged from a low of 88.90 to a high of 197.69. The Asset Management industry median Pretax Margin % is 89.48. Blackrock Municipal 2030 Target Term Trust's value of 93.99% is 5% above this industry median. Based on the distribution chart, Blackrock Municipal 2030 Target Term Trust ranks #738 out of 1576 companies in the Asset Management industry, which is above the industry midpoint. Overall, Blackrock Municipal 2030 Target Term Trust has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Municipal 2030 Target Term Trust's Pretax Margin % compare to CSWC and HYT?
According to the Asset Management industry distribution chart, Blackrock Municipal 2030 Target Term Trust ranks #738 out of 1576 companies for Pretax Margin %. This puts Blackrock Municipal 2030 Target Term Trust in the upper half of its industry. The industry median Pretax Margin % is 89.48. Blackrock Municipal 2030 Target Term Trust's value of 93.99% is 5% above this benchmark. Historically, Blackrock Municipal 2030 Target Term Trust's own Pretax Margin % has ranged from 88.90 to 197.69 over the past decade. While the company's 10-year median is 99.45 vs. the industry median of 89.48, Blackrock Municipal 2030 Target Term 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 89.48, based on 1,576 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 Municipal 2030 Target Term Trust's current Pretax Margin % of 93.99% is 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 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 Municipal 2030 Target Term Trust and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Municipal 2030 Target Term Trust's current Pretax Margin % is 93.99%, which is near median its own 10-year median of 99.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Municipal 2030 Target Term Trust stock overvalued right now?
Blackrock Municipal 2030 Target Term Trust (BTT) has a current Pretax Margin % of 93.99%. The current Pretax Margin % is 93.99%, which is near median its 10-year median of 99.45 and 5% above the Asset Management industry median of 89.48. Blackrock Municipal 2030 Target Term Trust's overall GF Score™ is 35/100 with 4 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 Municipal 2030 Target Term Trust (BTT), the current Pretax Margin % is 93.99% 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 Municipal 2030 Target Term Trust Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Municipal 2030 Target Term Trust is a United States-based closed-end management investment company. The investment objective of the company is to provide current income exempt from regular federal income tax and to return $25.00 per common share to holders of common shares. The trust seeks to achieve its investment objectives by investing a majority of its assets in municipal bonds exempt from U.S. federal income taxes.
35GF Score

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