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BlackRock Americanome Trust (LSE:BRAI) ROE % : 0.36% (As of Oct. 2024)


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What is BlackRock Americanome Trust ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BlackRock Americanome Trust's annualized net income for the quarter that ended in Oct. 2024 was £0.58 Mil. BlackRock Americanome Trust's average Total Stockholders Equity over the quarter that ended in Oct. 2024 was £161.70 Mil. Therefore, BlackRock Americanome Trust's annualized ROE % for the quarter that ended in Oct. 2024 was 0.36%.

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

LSE:BRAI' s ROE % Range Over the Past 10 Years
Min: -9.89   Med: 7.55   Max: 30.67
Current: 14.16

During the past 12 years, BlackRock Americanome Trust's highest ROE % was 30.67%. The lowest was -9.89%. And the median was 7.55%.

LSE:BRAI's ROE % is ranked better than
72.99% of 1651 companies
in the Asset Management industry
Industry Median: 8.15 vs LSE:BRAI: 14.16

BlackRock Americanome Trust ROE % Historical Data

The historical data trend for BlackRock Americanome 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.

* Premium members only.

BlackRock Americanome Trust ROE % Chart

BlackRock Americanome Trust Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.89 30.67 7.24 -5.80 14.57

BlackRock Americanome Trust Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 Premium Member Only Premium Member Only Premium Member Only 2.65 -8.98 -2.55 27.58 0.36

Competitive Comparison of BlackRock Americanome Trust's ROE %

For the Asset Management subindustry, BlackRock Americanome 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 Americanome Trust's ROE % Distribution in the Asset Management Industry

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

* The bar in red indicates where BlackRock Americanome Trust's ROE % falls into.


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BlackRock Americanome Trust ROE % Calculation

BlackRock Americanome Trust's annualized ROE % for the fiscal year that ended in Oct. 2024 is calculated as

ROE %=Net Income (A: Oct. 2024 )/( (Total Stockholders Equity (A: Oct. 2023 )+Total Stockholders Equity (A: Oct. 2024 ))/ count )
=22.572/( (154.789+155.067)/ 2 )
=22.572/154.928
=14.57 %

BlackRock Americanome Trust's annualized ROE % for the quarter that ended in Oct. 2024 is calculated as

ROE %=Net Income (Q: Oct. 2024 )/( (Total Stockholders Equity (Q: Apr. 2024 )+Total Stockholders Equity (Q: Oct. 2024 ))/ count )
=0.58/( (168.333+155.067)/ 2 )
=0.58/161.7
=0.36 %

* 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 (Oct. 2024) net income data. ROE % is displayed in the 30-year financial page.


BlackRock Americanome Trust  (LSE:BRAI) 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: Oct. 2024 )
=Net Income/Total Stockholders Equity
=0.58/161.7
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.58 / 1.598)*(1.598 / 163.393)*(163.393 / 161.7)
=Net Margin %*Asset Turnover*Equity Multiplier
=36.3 %*0.0098*1.0105
=ROA %*Equity Multiplier
=0.36 %*1.0105
=0.36 %

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: Oct. 2024 )
=Net Income/Total Stockholders Equity
=0.58/161.7
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.58 / 0.996) * (0.996 / 1.598) * (1.598 / 163.393) * (163.393 / 161.7)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.5823 * 62.33 % * 0.0098 * 1.0105
=0.36 %

Note: The net income data used here is two times the semi-annual (Oct. 2024) net income data. The Revenue data used here is two times the semi-annual (Oct. 2024) 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 Americanome Trust ROE % Related Terms

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BlackRock Americanome Trust Business Description

Traded in Other Exchanges
N/A
Address
12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock American Income Trust Plc is a closed-ended investment company. The Fund aims to maximize the return on investment through a combination of long term capital growth and income on the fund assets. Its objective by investing in the equity securities of large and medium capitalisation companies listed on a stock exchange in North America (meaning Bermuda, Canada, Greenland, Saint Pierre and Miquelon and United States of America.

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