BSTZ (BlackRock Science and Technology Trust II) ROE %: 35.26% (As of Dec. 2025) — 114% Above Median


BSTZ BlackRock Science and Technology Trust II BSTZ
60 GF Score
Price $29.91
GF Value $34.29
Valuation Modestly Undervalued
! 6 Warning Signs
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What is BlackRock Science and Technology Trust II ROE %?

BlackRock Science and Technology Trust II BSTZ +1.91% 60 ROE % is 35.26% as of Dec. 2025, which is 114% above its 10-year median of 16.48. GuruFocus rates BSTZ with a GF Score™ of 60/100 and a GF Value™ of $34.29 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,615 Asset Management companies, BlackRock Science and Technology Trust II ranks better than 81.55% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BlackRock Science and Technology Trust II's annualized net income for the quarter that ended in Dec. 2025 was $573.0 Mil. BlackRock Science and Technology Trust II's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was $1,625.2 Mil. Therefore, BlackRock Science and Technology Trust II's annualized ROE % for the quarter that ended in Dec. 2025 was 35.26%.

The historical rank and industry rank for BlackRock Science and Technology Trust II's ROE % or its related term are showing as below:

BSTZ' s ROE % Range Over the Past 10 Years
Min: -58.42   Med: 16.48   Max: 63.74
Current: 19.15

During the past 7 years, BlackRock Science and Technology Trust II's highest ROE % was 63.74%. The lowest was -58.42%. And the median was 16.48%.

BSTZ's ROE % is ranked better than
81.55% of 1615 companies
in the Asset Management industry
Industry Median: 6.35 vs BSTZ: 19.15

BlackRock Science and Technology Trust II  (NYSE:BSTZ) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=573.036/1625.1785
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(573.036 / 575.132)*(575.132 / 1674.238)*(1674.238 / 1625.1785)
=Net Margin %*Asset Turnover*Equity Multiplier
=99.64 %*0.3435*1.0302
=ROA %*Equity Multiplier
=34.23 %*1.0302
=35.26 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=573.036/1625.1785
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (573.036 / 573.036) * (573.036 / 575.132) * (575.132 / 1674.238) * (1674.238 / 1625.1785)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 99.64 % * 0.3435 * 1.0302
=35.26 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


BlackRock Science and Technology Trust II ROE % Related Terms


BlackRock Science and Technology Trust II ROE % Historical Data

* Premium members only.

The historical data trend for BlackRock Science and Technology Trust II's ROE % 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 Science and Technology Trust II ROE % Chart

BlackRock Science and Technology Trust II Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 8.19 -58.42 17.75 16.48 18.54

BlackRock Science and Technology Trust II Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.20 19.18 13.01 3.47 35.26

BSTZ vs EVT, RVT, CLM: ROE % Comparison

For the Asset Management subindustry, BlackRock Science and Technology Trust II's ROE %, along with its competitors' market caps and ROE % 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 Science and Technology Trust II ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Science and Technology Trust II's ROE % distribution charts can be found below:

* The bar in red indicates where BlackRock Science and Technology Trust II's ROE % falls into.


BSTZ
60GF Score
BlackRock Science and Technology Trust II BSTZ
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackRock Science and Technology Trust II ROE % Calculation

BlackRock Science and Technology Trust II's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=314.359/( (1673.591+1717.101)/ 2 )
=314.359/1695.346
=18.54 %

BlackRock Science and Technology Trust II's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=573.036/( (1533.256+1717.101)/ 2 )
=573.036/1625.1785
=35.26 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 35.26% mean?
BlackRock Science and Technology Trust II (BSTZ) has a ROE % of 35.26% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on BlackRock Science and Technology Trust II and its competitors. This is 114% above median its historical median of 16.48. According to the industry distribution chart, BlackRock Science and Technology Trust II ranks #298 out of 1615 companies in the Asset Management industry, placing it in the top 18.5%.
Is BlackRock Science and Technology Trust II's ROE % too high?
BlackRock Science and Technology Trust II's current ROE % of 35.26% is 114% above median its 10-year median of 16.48. The Asset Management industry median ROE % is 6.35. BlackRock Science and Technology Trust II's value of 35.26% is 455.3% above this industry median. Based on the distribution chart, BlackRock Science and Technology Trust II ranks #298 out of 1615 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, BlackRock Science and Technology Trust II has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BlackRock Science and Technology Trust II's ROE % compare to EVT and RVT?
According to the Asset Management industry distribution chart, BlackRock Science and Technology Trust II ranks #298 out of 1615 companies for ROE %. This places BlackRock Science and Technology Trust II in the top 19% of its industry — outperforming the majority of peers. The industry median ROE % is 6.35. BlackRock Science and Technology Trust II's value of 35.26% is 455.3% above this benchmark. While the company's 10-year median is 16.48 vs. the industry median of 6.35, BlackRock Science and Technology Trust II 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 ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.35, based on 1,615 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackRock Science and Technology Trust II's current ROE % of 35.26% is 455.3% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on BlackRock Science and Technology Trust II and its competitors. For the Asset Management industry, the median ROE % is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock Science and Technology Trust II's current ROE % is 35.26%, which is 114% above median its own 10-year median of 16.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock Science and Technology Trust II stock overvalued right now?
Based on GuruFocus' analysis, BlackRock Science and Technology Trust II (BSTZ) is currently considered Modestly Undervalued. The stock's GF Value™ is $34.29, compared to a current price of $29.91 — trading 12.8% below its estimated fair value. The current ROE % is 35.26%, which is 114% above median its 10-year median of 16.48 and 455.3% above the Asset Management industry median of 6.35. BlackRock Science and Technology Trust II's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For BlackRock Science and Technology Trust II (BSTZ), the current ROE % is 35.26% 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 Science and Technology Trust II (BSTZ) Overvalued in 2026?

Based on GuruFocus' analysis, BlackRock Science and Technology Trust II stock appears to be undervalued. The current stock price of $29.91 is trading 12.8% below its estimated GF Value™ of $34.29. GuruFocus considers BlackRock Science and Technology Trust II to be Modestly Undervalued.

Key valuation signals for BSTZ:

  • ROE %: 35.26% (114% above median its 10-year median of 16.48)
  • GF Value™: $34.29 vs. price of $29.91 (12.8% below fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 455.3% above the Asset Management median (#298 of 1615)

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


BlackRock Science and Technology Trust II Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Science and Technology Trust II is a diversified, closed-end management investment company. Its investment objectives are to provide total return and income mainly through long-term capital appreciation. The Trust invests a majority of its total assets in equity securities issued by U.S. and non-U.S. science and technology companies in any market capitalization range, selected for their rapid and sustainable growth potential from the development, advancement, and use of science and/or technology. Its investment portfolio comprises securities of companies from various industries, such as semiconductors and semiconductor equipment, software, communications equipment, IT services, and entertainment, etc.
60GF Score

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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$29.91
Price
$34.29
GF Value