BlackRock Municipal Income Fund (MUI) Return on Invested Capital (ROIC)

Price: $12.09
Market Cap: $870.38M
Avg Volume: 394.10K
Country: US
Industry: Asset Management - Income
Sector: Financial Services
Beta: 0.562
52W Range: $11.46-13.22
Website: BlackRock Municipal Income Fund

Return on Invested Capital (ROIC) Summary

BlackRock Municipal Income Fund's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: 212.96%
  • Quarterly: -68.66%
  • TTM: 212.96%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

Other important metrics to assess BlackRock Municipal Income Fund's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 0.27%
    • Quarterly: -0.06%
    • TTM: 0.27%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 0.16%
    • Quarterly: -0.03%
    • TTM: 0.16%

These metrics provide insights into BlackRock Municipal Income Fund's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROIC

212.96%

Quarterly ROIC

-68.66%

TTM ROIC

212.96%

BlackRock Municipal Income Fund Historical ROIC

244.90%244.90%209.92%209.92%174.94%174.94%139.97%139.97%104.99%104.99%70.01%70.01%35.03%35.03%0.05%0.05%-34.92%-34.92%-69.90%-69.90%-104.88%-104.88%ROIC212.96%26.11%2.14%-23.97%5.75%2.22%5.19%0.00%5.91%-104.88%20152015201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROE

77.88%77.88%69.13%69.13%60.38%60.38%51.62%51.62%42.87%42.87%34.12%34.12%25.37%25.37%16.61%16.61%7.86%7.86%-0.89%-0.89%-9.64%-9.64%ROE0.27%-9.64%13.18%-1.70%6.76%2.41%-1.17%67.72%6.53%-0.28%20152015201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROA

9.35%9.35%7.88%7.88%6.40%6.40%4.93%4.93%3.46%3.46%1.99%1.99%0.51%0.51%-0.96%-0.96%-2.43%-2.43%-3.90%-3.90%-5.38%-5.38%ROA0.16%-5.38%8.13%-1.00%4.09%1.42%-0.73%0.00%4.17%-0.17%20152015201620162017201720182018201920192020202020212021202220222023202320242024

BlackRock Municipal Income Fund Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2023.

Year ROIC ROE ROA
2023 212.96% 0.27% 0.16%
2022 26.11% -9.64% -5.38%
2021 2.14% 13.18% 8.13%
2020 -23.97% -1.70% -1.00%
2019 5.75% 6.76% 4.09%
2018 2.22% 2.41% 1.42%
2017 5.19% -1.17% -0.73%
2016 0.00% 67.72% 0.00%
2015 5.91% 6.53% 4.17%
2014 -104.88% -0.28% -0.17%

Related Metrics

Explore detailed financial metrics and analysis for MUI.