GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC. (NYSE:MHN) » Definitions » Pretax Margin %

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, (BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,) Pretax Margin % : 99.64% (As of Jan. 2024)


View and export this data going back to . Start your Free Trial

What is BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Pre-Tax Income for the six months ended in Jan. 2024 was $9.11 Mil. BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Revenue for the six months ended in Jan. 2024 was $9.15 Mil. Therefore, BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s pretax margin for the quarter that ended in Jan. 2024 was 99.64%.

The historical rank and industry rank for BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Pretax Margin % or its related term are showing as below:

MHN' s Pretax Margin % Range Over the Past 10 Years
Min: 97.49   Med: 100.69   Max: 122.95
Current: 99.32


MHN's Pretax Margin % is ranked better than
77.44% of 1662 companies
in the Asset Management industry
Industry Median: 90.98 vs MHN: 99.32

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, Pretax Margin % Historical Data

The historical data trend for BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Pretax 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 MUNIHOLDINGS NEW YORK QUALITY FUND, Pretax Margin % Chart

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Jul23
Pretax Margin %
Get a 7-Day Free Trial 106.29 99.76 97.49 99.36 101.62

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Jan23 Jul23 Jan24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.45 100.19 100.40 104.22 99.64

Competitive Comparison of BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Pretax Margin %

For the Asset Management subindustry, BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Pretax Margin %, along with its competitors' market caps and Pretax 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 MUNIHOLDINGS NEW YORK QUALITY FUND,'s Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Pretax Margin % distribution charts can be found below:

* The bar in red indicates where BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Pretax Margin % falls into.



BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, Pretax Margin % Calculation

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

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Pretax Margin for the fiscal year that ended in Jul. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2023 )/Revenue (A: Jul. 2023 )
=-1.884/-1.854
=101.62 %

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=9.114/9.147
=99.64 %

* 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 MUNIHOLDINGS NEW YORK QUALITY FUND,  (NYSE:MHN) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, Pretax Margin % Related Terms

Thank you for viewing the detailed overview of BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,'s Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, (BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, INC. is a closed-end management investment company. The fund's investment objective is to provide shareholders with current income exempt from federal income tax and New York State and New York City personal income taxes.
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
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Michael Perilli other: Portfolio Manager 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
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212

BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND, (BLACKROCK MUNIHOLDINGS NEW YORK QUALITY FUND,) Headlines