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BlackRock Innovation & Growth Tr (BlackRock Innovation & Growth Tr) FCF Yield % : 13.09 (As of May. 07, 2024)


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What is BlackRock Innovation & Growth Tr FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, BlackRock Innovation & Growth Tr's Trailing 12-Month Free Cash Flow is $216.6 Mil, and Market Cap is $1,655.1 Mil. Therefore, BlackRock Innovation & Growth Tr's FCF Yield % for today is 13.09%.

The historical rank and industry rank for BlackRock Innovation & Growth Tr's FCF Yield % or its related term are showing as below:

BIGZ' s FCF Yield % Range Over the Past 10 Years
Min: -277.59   Med: 12.84   Max: 20.79
Current: 13.09


During the past 3 years, the highest FCF Yield % of BlackRock Innovation & Growth Tr was 20.79%. The lowest was -277.59%. And the median was 12.84%.

BIGZ's FCF Yield % is ranked better than
80.93% of 1594 companies
in the Asset Management industry
Industry Median: 3.065 vs BIGZ: 13.09

BlackRock Innovation & Growth Tr's FCF Margin % for the quarter that ended in Dec. 2023 was -1,528.71%.


BlackRock Innovation & Growth Tr FCF Yield % Historical Data

The historical data trend for BlackRock Innovation & Growth Tr's FCF Yield % 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 Innovation & Growth Tr FCF Yield % Chart

BlackRock Innovation & Growth Tr Annual Data
Trend Dec21 Dec22 Dec23
FCF Yield %
-133.95 19.85 13.17

BlackRock Innovation & Growth Tr Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
FCF Yield % Get a 7-Day Free Trial 11.73 17.90 18.28 13.35 11.87

Competitive Comparison of BlackRock Innovation & Growth Tr's FCF Yield %

For the Asset Management subindustry, BlackRock Innovation & Growth Tr's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 Innovation & Growth Tr's FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Innovation & Growth Tr's FCF Yield % distribution charts can be found below:

* The bar in red indicates where BlackRock Innovation & Growth Tr's FCF Yield % falls into.



BlackRock Innovation & Growth Tr FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

BlackRock Innovation & Growth Tr's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=216.572 / 1644.99127
=13.17%

BlackRock Innovation & Growth Tr's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=97.654 * 2 / 1644.99127
=11.87%

* 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 Innovation & Growth Tr FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


BlackRock Innovation & Growth Tr FCF Yield % Related Terms

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BlackRock Innovation & Growth Tr (BlackRock Innovation & Growth Tr) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Innovation & Growth Tr is a non-diversified, closed-end management investment company. The Trust's investment objectives are to provide total return and income through a combination of current income, current gains, and long-term capital appreciation.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Philip Henry Ruvinsky other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
John Perlowski director, officer: See Remarks 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Misha Lozovik other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Kyle Mcclements other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809