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Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) Net Margin % : 99.20% (As of Dec. 2023)


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What is Blackrock Floating Rateome Trust Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Blackrock Floating Rateome Trust's Net Income for the six months ended in Dec. 2023 was $18.57 Mil. Blackrock Floating Rateome Trust's Revenue for the six months ended in Dec. 2023 was $18.72 Mil. Therefore, Blackrock Floating Rateome Trust's net margin for the quarter that ended in Dec. 2023 was 99.20%.

The historical rank and industry rank for Blackrock Floating Rateome Trust's Net Margin % or its related term are showing as below:

BGT' s Net Margin % Range Over the Past 10 Years
Min: 90.01   Med: 97.47   Max: 104.87
Current: 99.25


BGT's Net Margin % is ranked better than
78.03% of 1666 companies
in the Asset Management industry
Industry Median: 86.98 vs BGT: 99.25

Blackrock Floating Rateome Trust Net Margin % Historical Data

The historical data trend for Blackrock Floating Rateome Trust's Net Margin % 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 Floating Rateome Trust Net Margin % Chart

Blackrock Floating Rateome Trust Annual Data
Trend Oct17 Oct18 Oct19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 96.12 90.01 98.21 104.87 99.26

Blackrock Floating Rateome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.67 100.60 99.18 99.30 99.20

Competitive Comparison of Blackrock Floating Rateome Trust's Net Margin %

For the Asset Management subindustry, Blackrock Floating Rateome Trust's Net Margin %, along with its competitors' market caps and Net Margin % 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 Floating Rateome Trust's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Floating Rateome Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Blackrock Floating Rateome Trust's Net Margin % falls into.



Blackrock Floating Rateome Trust Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Blackrock Floating Rateome Trust's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=39.1/39.393
=99.26 %

Blackrock Floating Rateome Trust's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=18.573/18.723
=99.20 %

* 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 Floating Rateome Trust  (NYSE:BGT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Blackrock Floating Rateome Trust Net Margin % Related Terms

Thank you for viewing the detailed overview of Blackrock Floating Rateome Trust's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Floating Rate Income Trust is a closed-end management investment company. Its investment objective is to provide a high level of current income. The company's secondary investment objective is to seek the preservation of capital. The Trust seeks to achieve its investment objectives by investing mainly, under normal conditions, at least 80% of its assets in floating and variable rate instruments of U.S. and non-U.S. issuers, including a substantial portion of its assets in global floating and variable rate securities including senior secured floating rate loans made to corporate and other business entities.
Executives
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
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
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
James Keenan other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Abigail Apistolas other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Henry Gabbay officer: Treasurer 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mitchell Garfin other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Carly Wilson other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) Headlines

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