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 Municipalome Trust II's annualized net income for the quarter that ended in Jul. 2025 was $-70.29 Mil. Blackrock Municipalome Trust II's average shareholder tangible equity for the quarter that ended in Jul. 2025 was $538.52 Mil. Therefore, Blackrock Municipalome Trust II's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2025 was -13.05%.
The historical rank and industry rank for Blackrock Municipalome Trust II's Return-on-Tangible-Equity or its related term are showing as below:
BLE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.55 Med: 3.5 Max: 11.48
Current: -6.49
During the past 13 years, Blackrock Municipalome Trust II's highest Return-on-Tangible-Equity was 11.48%. The lowest was -6.55%. And the median was 3.50%.
BLE's Return-on-Tangible-Equity is not ranked
in the Asset Management industry.
Industry Median: 7.165
vs BLE: -6.49
Blackrock Municipalome Trust II (NYSE:BLE) 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 Municipalome Trust II Return-on-Tangible-Equity Related Terms
Blackrock Municipalome Trust II Return-on-Tangible-Equity Historical Data
* 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 Municipalome Trust II Return-on-Tangible-Equity Chart
BLE vs VVR, HQL, THW: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Blackrock Municipalome Trust II'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 Municipalome Trust II Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock Municipalome Trust II's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Blackrock Municipalome Trust II's Return-on-Tangible-Equity falls into.
* 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 (Jul. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -13.05% mean?
Blackrock Municipalome Trust II (BLE) has a Return-on-Tangible-Equity of -13.05% as of Jul. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Blackrock Municipalome Trust II and its competitors.
Is Blackrock Municipalome Trust II's Return-on-Tangible-Equity too high?
Blackrock Municipalome Trust II's current Return-on-Tangible-Equity is -13.05%. Overall, Blackrock Municipalome Trust II has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Municipalome Trust II's Return-on-Tangible-Equity compare to VVR and HQL?
Blackrock Municipalome Trust II's Return-on-Tangible-Equity of -13.05% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Equity is 7.17. 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 7.17, 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. 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 Municipalome Trust II and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Municipalome Trust II's current Return-on-Tangible-Equity is -13.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Municipalome Trust II stock overvalued right now?
Blackrock Municipalome Trust II (BLE) has a current Return-on-Tangible-Equity of -13.05%. The current Return-on-Tangible-Equity is -13.05%. Blackrock Municipalome Trust II's overall GF Score™ is 24/100 with 2 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 Municipalome Trust II (BLE), the current Return-on-Tangible-Equity is -13.05% as of Jul. 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.
Blackrock Municipalome Trust II Business Description
Blackrock Municipal Income Trust II is a perpetual closed-end municipal bond fund. Its objective is to provide a high current income exempt from federal income taxes. The fund invests a majority of its managed assets in municipal obligations issued by or on behalf of states, territories, and possessions of the United States and their political subdivisions, agencies, or instrumentalities (Municipal Bonds), the interest of which is exempt from regular federal income tax (except that the interest may be subject to the alternative minimum tax).
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