BGT (Blackrock Floating Rateome Trust) Return-on-Tangible-Equity: 6.31% (As of Dec. 2025) — Near Median


BGT Blackrock Floating Rate Income Trust BGT
42 GF Score
Price $10.64
GF Value $6.59
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Blackrock Floating Rateome Trust Return-on-Tangible-Equity?

Blackrock Floating Rateome Trust BGT 42 Return-on-Tangible-Equity is 6.31% as of Dec. 2025, which is 9% above its 10-year median of 5.77. GuruFocus rates BGT with a GF Score™ of 42/100 and a GF Value™ of $6.59 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,588 Asset Management companies, Blackrock Floating Rateome Trust ranks worse than 55.23% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Blackrock Floating Rateome Trust's annualized net income for the quarter that ended in Dec. 2025 was $21.76 Mil. Blackrock Floating Rateome Trust's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $344.74 Mil. Therefore, Blackrock Floating Rateome Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 6.31%.

The historical rank and industry rank for Blackrock Floating Rateome Trust's Return-on-Tangible-Equity or its related term are showing as below:

BGT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.05   Med: 5.77   Max: 13.82
Current: 5.77

During the past 9 years, Blackrock Floating Rateome Trust's highest Return-on-Tangible-Equity was 13.82%. The lowest was -2.05%. And the median was 5.77%.

BGT's Return-on-Tangible-Equity is ranked worse than
55.23% of 1588 companies
in the Asset Management industry
Industry Median: 7.205 vs BGT: 5.77

Blackrock Floating Rateome Trust  (NYSE:BGT) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Blackrock Floating Rateome Trust Return-on-Tangible-Equity Related Terms


Blackrock Floating Rateome Trust Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Blackrock Floating Rateome Trust's Return-on-Tangible-Equity 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 Floating Rateome Trust Return-on-Tangible-Equity Chart

Blackrock Floating Rateome Trust Annual Data
Trend Oct17 Oct18 Oct19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 6.08 -2.05 13.82 8.23 5.77

Blackrock Floating Rateome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity 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 12.98 8.64 8.25 5.20 6.31

BGT vs AGD, NBH, RIV: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, Blackrock Floating Rateome Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Rateome Trust Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Floating Rateome Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Blackrock Floating Rateome Trust's Return-on-Tangible-Equity falls into.


BGT
42GF Score
Blackrock Floating Rate Income Trust BGT
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blackrock Floating Rateome Trust Return-on-Tangible-Equity Calculation

Blackrock Floating Rateome Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=19.428/( (320.794+353.054 )/ 2 )
=19.428/336.924
=5.77 %

Blackrock Floating Rateome Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=21.758/( (336.428+353.054)/ 2 )
=21.758/344.741
=6.31 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 6.31% mean?
Blackrock Floating Rateome Trust (BGT) has a Return-on-Tangible-Equity of 6.31% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Blackrock Floating Rateome Trust and its competitors. This is near median its historical median of 5.77. According to the industry distribution chart, Blackrock Floating Rateome Trust ranks #877 out of 1588 companies in the Asset Management industry, placing it in the top 55.2%.
Is Blackrock Floating Rateome Trust's Return-on-Tangible-Equity too high?
Blackrock Floating Rateome Trust's current Return-on-Tangible-Equity of 6.31% is near median its 10-year median of 5.77. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Blackrock Floating Rateome Trust's value of 6.31% is 12.4% below this industry median. Based on the distribution chart, Blackrock Floating Rateome Trust ranks #877 out of 1588 companies in the Asset Management industry, which is below the industry midpoint. Overall, Blackrock Floating Rateome Trust has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blackrock Floating Rateome Trust's Return-on-Tangible-Equity compare to AGD and NBH?
According to the Asset Management industry distribution chart, Blackrock Floating Rateome Trust ranks #877 out of 1588 companies for Return-on-Tangible-Equity. This places Blackrock Floating Rateome Trust in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. Blackrock Floating Rateome Trust's value of 6.31% is 12.4% below this benchmark. While the company's 10-year median is 5.77 vs. the industry median of 7.21, Blackrock Floating Rateome Trust has consistently been below 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 Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blackrock Floating Rateome Trust's current Return-on-Tangible-Equity of 6.31% is 12.4% below 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Blackrock Floating Rateome Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Floating Rateome Trust's current Return-on-Tangible-Equity is 6.31%, which is near median its own 10-year median of 5.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Floating Rateome Trust stock overvalued right now?
Based on GuruFocus' analysis, Blackrock Floating Rateome Trust (BGT) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.59, compared to a current price of $10.64 — trading 61.5% above its estimated fair value. The current Return-on-Tangible-Equity is 6.31%, which is near median its 10-year median of 5.77 and 12.4% below the Asset Management industry median of 7.21. Blackrock Floating Rateome Trust's overall GF Score™ is 42/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Blackrock Floating Rateome Trust (BGT), the current Return-on-Tangible-Equity is 6.31% as of Dec. 2025. 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.

Is Blackrock Floating Rateome Trust (BGT) Overvalued in 2026?

Based on GuruFocus' analysis, Blackrock Floating Rateome Trust stock appears to be overvalued. The current stock price of $10.64 is trading 61.5% above its estimated GF Value™ of $6.59. GuruFocus considers Blackrock Floating Rateome Trust to be Significantly Overvalued.

Key valuation signals for BGT:

  • Return-on-Tangible-Equity: 6.31% (near median its 10-year median of 5.77)
  • GF Value™: $6.59 vs. price of $10.64 (61.5% above fair value)
  • GF Score™: 42/100 with 6 warning signs
  • Industry Position: 12.4% below the Asset Management median (#877 of 1588)

No single metric tells the full story. See the BGT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Blackrock Floating Rateome Trust Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Floating Rate Income Trust is a diversified closed-end management investment company. Its investment objective is to provide a high level of current income. The company, as a secondary objective, also focuses on preservation of capital to the extent consistent with its primary objective of high current income. The Trust seeks to achieve its investment objectives by investing in worl-wide portfolio of floating rate securities, including investing a substantial amount in U.S. and non-U.S. senior secured floating rate loans (Senior Loans), made to corporate and other business entities.
42GF Score

Get the complete analysis for BGT

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.64
Price
$6.59
GF Value