BTT (Blackrock Municipal 2030 Target Term Trust) ROE %: 6.85% (As of Jan. 2026) — 137% Above Median


BTT Blackrock Municipal 2030 Target Term Trust BTT
35 GF Score
Price $22.61
! 4 Warning Signs
View Full Analysis

What is Blackrock Municipal 2030 Target Term Trust ROE %?

Blackrock Municipal 2030 Target Term Trust BTT -0.04% 35 ROE % is 6.85% as of Jan. 2026, which is 137% above its 10-year median of 2.89. GuruFocus rates BTT with a GF Score™ of 35/100. The stock has 4 warning signs investors should review. Among 1,612 Asset Management companies, Blackrock Municipal 2030 Target Term Trust ranks worse than 54.34% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Blackrock Municipal 2030 Target Term Trust's annualized net income for the quarter that ended in Jan. 2026 was $107.13 Mil. Blackrock Municipal 2030 Target Term Trust's average Total Stockholders Equity over the quarter that ended in Jan. 2026 was $1,563.52 Mil. Therefore, Blackrock Municipal 2030 Target Term Trust's annualized ROE % for the quarter that ended in Jan. 2026 was 6.85%.

The historical rank and industry rank for Blackrock Municipal 2030 Target Term Trust's ROE % or its related term are showing as below:

BTT' s ROE % Range Over the Past 10 Years
Min: -8.92   Med: 2.89   Max: 11.09
Current: 5.32

During the past 9 years, Blackrock Municipal 2030 Target Term Trust's highest ROE % was 11.09%. The lowest was -8.92%. And the median was 2.89%.

BTT's ROE % is ranked worse than
54.34% of 1612 companies
in the Asset Management industry
Industry Median: 6.395 vs BTT: 5.32

Blackrock Municipal 2030 Target Term Trust  (NYSE:BTT) 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: Jan. 2026 )
=Net Income/Total Stockholders Equity
=107.132/1563.5205
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(107.132 / 113.986)*(113.986 / 2407.5955)*(2407.5955 / 1563.5205)
=Net Margin %*Asset Turnover*Equity Multiplier
=93.99 %*0.0473*1.5399
=ROA %*Equity Multiplier
=4.45 %*1.5399
=6.85 %

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: Jan. 2026 )
=Net Income/Total Stockholders Equity
=107.132/1563.5205
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (107.132 / 107.132) * (107.132 / 113.986) * (113.986 / 2407.5955) * (2407.5955 / 1563.5205)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 93.99 % * 0.0473 * 1.5399
=6.85 %

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. 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 Municipal 2030 Target Term Trust ROE % Related Terms


Blackrock Municipal 2030 Target Term Trust ROE % Historical Data

* Premium members only.

The historical data trend for Blackrock Municipal 2030 Target Term Trust'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 Municipal 2030 Target Term Trust ROE % Chart

Blackrock Municipal 2030 Target Term Trust Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROE %
Get a 7-Day Free Trial Premium Member Only 6.56 -8.92 -0.07 2.89 3.50

Blackrock Municipal 2030 Target Term Trust Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 Premium Member Only Premium Member Only Premium Member Only 4.54 1.20 3.15 3.81 6.85

BTT vs CSWC, HYT, TRIN: ROE % Comparison

For the Asset Management subindustry, Blackrock Municipal 2030 Target Term Trust'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 Municipal 2030 Target Term Trust ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Municipal 2030 Target Term Trust's ROE % distribution charts can be found below:

* The bar in red indicates where Blackrock Municipal 2030 Target Term Trust's ROE % falls into.


BTT
35GF Score
Blackrock Municipal 2030 Target Term Trust BTT
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blackrock Municipal 2030 Target Term Trust ROE % Calculation

Blackrock Municipal 2030 Target Term Trust's annualized ROE % for the fiscal year that ended in Jul. 2025 is calculated as

ROE %=Net Income (A: Jul. 2025 )/( (Total Stockholders Equity (A: Jul. 2024 )+Total Stockholders Equity (A: Jul. 2025 ))/ count )
=54.45/( (1566.645+1549.048)/ 2 )
=54.45/1557.8465
=3.50 %

Blackrock Municipal 2030 Target Term Trust's annualized ROE % for the quarter that ended in Jan. 2026 is calculated as

ROE %=Net Income (Q: Jan. 2026 )/( (Total Stockholders Equity (Q: Jul. 2025 )+Total Stockholders Equity (Q: Jan. 2026 ))/ count )
=107.132/( (1549.048+1577.993)/ 2 )
=107.132/1563.5205
=6.85 %

* 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 (Jan. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 6.85% mean?
Blackrock Municipal 2030 Target Term Trust (BTT) has a ROE % of 6.85% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Blackrock Municipal 2030 Target Term Trust and its competitors. This is 137% above median its historical median of 2.89. According to the industry distribution chart, Blackrock Municipal 2030 Target Term Trust ranks #876 out of 1612 companies in the Asset Management industry, placing it in the top 54.3%.
Is Blackrock Municipal 2030 Target Term Trust's ROE % too high?
Blackrock Municipal 2030 Target Term Trust's current ROE % of 6.85% is 137% above median its 10-year median of 2.89. The Asset Management industry median ROE % is 6.40. Blackrock Municipal 2030 Target Term Trust's value of 6.85% is 7.1% above this industry median. Based on the distribution chart, Blackrock Municipal 2030 Target Term Trust ranks #876 out of 1612 companies in the Asset Management industry, which is below the industry midpoint. Overall, Blackrock Municipal 2030 Target Term Trust has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Blackrock Municipal 2030 Target Term Trust's ROE % compare to CSWC and HYT?
According to the Asset Management industry distribution chart, Blackrock Municipal 2030 Target Term Trust ranks #876 out of 1612 companies for ROE %. This places Blackrock Municipal 2030 Target Term Trust in the lower half of its industry. The industry median ROE % is 6.40. Blackrock Municipal 2030 Target Term Trust's value of 6.85% is 7.1% above this benchmark. While the company's 10-year median is 2.89 vs. the industry median of 6.40, Blackrock Municipal 2030 Target Term Trust 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 6.40, based on 1,612 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 Municipal 2030 Target Term Trust's current ROE % of 6.85% is 7.1% 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 Municipal 2030 Target Term Trust and its competitors. For the Asset Management industry, the median ROE % is 6.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Municipal 2030 Target Term Trust's current ROE % is 6.85%, which is 137% above median its own 10-year median of 2.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Municipal 2030 Target Term Trust stock overvalued right now?
Blackrock Municipal 2030 Target Term Trust (BTT) has a current ROE % of 6.85%. The current ROE % is 6.85%, which is 137% above median its 10-year median of 2.89 and 7.1% above the Asset Management industry median of 6.40. Blackrock Municipal 2030 Target Term Trust's overall GF Score™ is 35/100 with 4 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 Municipal 2030 Target Term Trust (BTT), the current ROE % is 6.85% 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 Municipal 2030 Target Term Trust Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Municipal 2030 Target Term Trust is a United States-based closed-end management investment company. The investment objective of the company is to provide current income exempt from regular federal income tax and to return $25.00 per common share to holders of common shares. The trust seeks to achieve its investment objectives by investing a majority of its assets in municipal bonds exempt from U.S. federal income taxes.
35GF Score

Get the complete analysis for BTT

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

$22.61
Price