Blackrock Muniholdings FundMHD -0.17%34 ROA % is 10.06% as of Jan. 2026, which is 2415% above its 10-year median of 0.40. GuruFocus rates MHD with a GF Score™ of 34/100. The stock has 5 warning signs investors should review. Among 1,638 Asset Management companies, Blackrock Muniholdings Fund ranks worse than 64.65% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Blackrock Muniholdings Fund's annualizedNet Income for the quarter that ended in Jan. 2026 was $112.61 Mil.
Blackrock Muniholdings Fund's average Total Assets over the quarter that ended in Jan. 2026 was $1,119.15 Mil. Therefore, Blackrock Muniholdings Fund's annualized ROA % for the quarter that ended in Jan. 2026 was 10.06%.
The historical rank and industry rank for Blackrock Muniholdings Fund's ROA % or its related term are showing as below:
MHD'
s ROA % Range Over the Past 10 Years
Min: -8.79 Med: 0.4 Max: 5.94
Current: 1.4
During the past 8 years, Blackrock Muniholdings Fund's highest ROA % was 5.94%. The lowest was -8.79%. And the median was 0.40%.
MHD's ROA % is ranked worse than 64.65% of 1638
companies
in the Asset Management industry
Industry Median: 3.95
vs MHD: 1.40
Blackrock Muniholdings Fund (NYSE:MHD) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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.
For the Asset Management subindustry, Blackrock Muniholdings Fund's ROA %, along with its competitors' market caps and ROA % 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 Muniholdings Fund ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock Muniholdings Fund's ROA % distribution charts can be found below:
* The bar in red indicates where Blackrock Muniholdings Fund's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Jan. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Blackrock Muniholdings Fund (MHD) has a ROA % of 10.06% as of Jan. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Blackrock Muniholdings Fund and its competitors. This is 2415% above median its historical median of 0.40. According to the industry distribution chart, Blackrock Muniholdings Fund ranks #1059 out of 1638 companies in the Asset Management industry, placing it in the top 64.7%.
Is Blackrock Muniholdings Fund's ROA % too high?
Blackrock Muniholdings Fund's current ROA % of 10.06% is 2415% above median its 10-year median of 0.40. The Asset Management industry median ROA % is 3.95. Blackrock Muniholdings Fund's value of 10.06% is 154.7% above this industry median. Based on the distribution chart, Blackrock Muniholdings Fund ranks #1059 out of 1638 companies in the Asset Management industry, which is below the industry midpoint. Overall, Blackrock Muniholdings Fund has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Muniholdings Fund's ROA % compare to LDP and FAX?
According to the Asset Management industry distribution chart, Blackrock Muniholdings Fund ranks #1059 out of 1638 companies for ROA %. This places Blackrock Muniholdings Fund in the lower half of its industry. The industry median ROA % is 3.95. Blackrock Muniholdings Fund's value of 10.06% is 154.7% above this benchmark. While the company's 10-year median is 0.40 vs. the industry median of 3.95, Blackrock Muniholdings Fund 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 ROA % for an Asset Management company?
The median ROA % among Asset Management companies is 3.95, based on 1,638 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blackrock Muniholdings Fund's current ROA % of 10.06% is 154.7% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Blackrock Muniholdings Fund and its competitors. For the Asset Management industry, the median ROA % is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Muniholdings Fund's current ROA % is 10.06%, which is 2415% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Muniholdings Fund stock overvalued right now?
Blackrock Muniholdings Fund (MHD) has a current ROA % of 10.06%. The current ROA % is 10.06%, which is 2415% above median its 10-year median of 0.40 and 154.7% above the Asset Management industry median of 3.95. Blackrock Muniholdings Fund's overall GF Score™ is 34/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Blackrock Muniholdings Fund (MHD), the current ROA % is 10.06% 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 Muniholdings Fund Inc is a diversified, closed-end management investment company. Its investment objective is to provide shareholders with current income exempt from U.S. federal income taxes. The fund mainly invests its managed assets in municipal bonds rated investment grade or, if unrated, are deemed to be of comparable quality by the investment adviser at the time of investment. Its investment portfolio is mainly comprised of long-term municipal bonds with a maturity of more than ten years at the time of investment. The fund can also invest directly in such securities or synthetically through the use of derivatives.
34GF Score
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