What is BLACKROCK MUNIYIELD QUALITY FUND III, ROA %?
BLACKROCK MUNIYIELD QUALITY FUND III,MYI -0.27%36 ROA % is 9.75% as of Jan. 2026, which is 847% above its 10-year median of 1.03. GuruFocus rates MYI with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 1,639 Asset Management companies, BLACKROCK MUNIYIELD QUALITY FUND III, ranks worse than 61.56% on this metric.
MYI's ROA % is ranked worse than 61.56% of 1639
companies
in the Asset Management industry
Industry Median: 3.95
vs MYI: 1.85
BLACKROCK MUNIYIELD QUALITY FUND III, (NYSE:MYI) 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.
BLACKROCK MUNIYIELD QUALITY FUND III, ROA % Related Terms
BLACKROCK MUNIYIELD QUALITY FUND III, ROA % 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.
For the Asset Management subindustry, BLACKROCK MUNIYIELD QUALITY FUND III,'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 MUNIYIELD QUALITY FUND III, ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BLACKROCK MUNIYIELD QUALITY FUND III,'s ROA % distribution charts can be found below:
* The bar in red indicates where BLACKROCK MUNIYIELD QUALITY FUND III,'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 MUNIYIELD QUALITY FUND III, (MYI) has a ROA % of 9.75% 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 MUNIYIELD QUALITY FUND III, and its competitors. This is 847% above median its historical median of 1.03. According to the industry distribution chart, BLACKROCK MUNIYIELD QUALITY FUND III, ranks #1009 out of 1639 companies in the Asset Management industry, placing it in the top 61.6%.
Is BLACKROCK MUNIYIELD QUALITY FUND III,'s ROA % too high?
BLACKROCK MUNIYIELD QUALITY FUND III,'s current ROA % of 9.75% is 847% above median its 10-year median of 1.03. The Asset Management industry median ROA % is 3.95. BLACKROCK MUNIYIELD QUALITY FUND III,'s value of 9.75% is 146.8% above this industry median. Based on the distribution chart, BLACKROCK MUNIYIELD QUALITY FUND III, ranks #1009 out of 1639 companies in the Asset Management industry, which is below the industry midpoint. Overall, BLACKROCK MUNIYIELD QUALITY FUND III, has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does BLACKROCK MUNIYIELD QUALITY FUND III,'s ROA % compare to CCD and BTO?
According to the Asset Management industry distribution chart, BLACKROCK MUNIYIELD QUALITY FUND III, ranks #1009 out of 1639 companies for ROA %. This places BLACKROCK MUNIYIELD QUALITY FUND III, in the lower half of its industry. The industry median ROA % is 3.95. BLACKROCK MUNIYIELD QUALITY FUND III,'s value of 9.75% is 146.8% above this benchmark. While the company's 10-year median is 1.03 vs. the industry median of 3.95, BLACKROCK MUNIYIELD QUALITY FUND III, 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 1,639 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 MUNIYIELD QUALITY FUND III,'s current ROA % of 9.75% is 146.8% 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 MUNIYIELD QUALITY FUND III, 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 MUNIYIELD QUALITY FUND III,'s current ROA % is 9.75%, which is 847% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BLACKROCK MUNIYIELD QUALITY FUND III, stock overvalued right now?
BLACKROCK MUNIYIELD QUALITY FUND III, (MYI) has a current ROA % of 9.75%. The current ROA % is 9.75%, which is 847% above median its 10-year median of 1.03 and 146.8% above the Asset Management industry median of 3.95. BLACKROCK MUNIYIELD QUALITY FUND III,'s overall GF Score™ is 36/100 with 4 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 MUNIYIELD QUALITY FUND III, (MYI), the current ROA % is 9.75% 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 MUNIYIELD QUALITY FUND III, Business Description
BLACKROCK MUNIYIELD QUALITY FUND III, INC. is an investment management company. Its investment objective is to provide shareholders with a high level of current income exempt from U.S. federal income taxes, as is consistent with its investment policies and prudent investment management. The fund invests a majority of its assets in municipal obligations exempt from U.S. federal income taxes (except that the interest may be subject to the U.S. federal alternative minimum tax). Under normal market conditions, the fund invests mainly in long-term municipal obligations that are investment-grade quality or are considered by the adviser to be of comparable quality at the time of investment. It can also invest directly in such securities or synthetically through the use of derivatives.
36GF Score
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