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BlackRock Taxable Municipal Bond Trust (BlackRock Taxable Municipal Bond Trust) Pretax Margin % : 99.37% (As of Dec. 2023)


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What is BlackRock Taxable Municipal Bond Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. BlackRock Taxable Municipal Bond Trust's Pre-Tax Income for the six months ended in Dec. 2023 was $42.7 Mil. BlackRock Taxable Municipal Bond Trust's Revenue for the six months ended in Dec. 2023 was $42.9 Mil. Therefore, BlackRock Taxable Municipal Bond Trust's pretax margin for the quarter that ended in Dec. 2023 was 99.37%.

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

BBN' s Pretax Margin % Range Over the Past 10 Years
Min: 33.31   Med: 99.49   Max: 100.1
Current: 99.55


BBN's Pretax Margin % is ranked better than
78.36% of 1668 companies
in the Asset Management industry
Industry Median: 89.59 vs BBN: 99.55

BlackRock Taxable Municipal Bond Trust Pretax Margin % Historical Data

The historical data trend for BlackRock Taxable 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.

* Premium members only.

BlackRock Taxable Municipal Bond Trust Pretax Margin % Chart

BlackRock Taxable Municipal Bond Trust Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 99.49 99.52 99.32 100.10 99.55

BlackRock Taxable Municipal Bond Trust Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.45 100.06 100.24 99.66 99.37

Competitive Comparison of BlackRock Taxable Municipal Bond Trust's Pretax Margin %

For the Asset Management subindustry, BlackRock Taxable 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 Taxable Municipal Bond Trust's Pretax Margin % Distribution in the Asset Management Industry

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

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



BlackRock Taxable 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 Taxable Municipal Bond Trust's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=119.457/119.993
=99.55 %

BlackRock Taxable Municipal Bond Trust's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=42.656/42.928
=99.37 %

* 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 Taxable Municipal Bond Trust  (NYSE:BBN) 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 Taxable Municipal Bond Trust Pretax Margin % Related Terms

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BlackRock Taxable Municipal Bond Trust (BlackRock Taxable Municipal Bond Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Taxable Municipal Bond Trust is a diversified, closed-end management investment company. Its investment objective is to seek high current income, with a secondary objective of capital appreciation.
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
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
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
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Peter Hayes other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809