BlackRock MuniYield Fund (MYD) Return on Invested Capital (ROIC)

Price: $10.53
Market Cap: $481.57M
Avg Volume: 123.66K
Country: US
Industry: Asset Management
Sector: Financial Services
Beta: 0.721
52W Range: $10.27-11.74
Website: BlackRock MuniYield Fund

Return on Invested Capital (ROIC) Summary

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

  • Annual: -31.03%
  • Quarterly: -294.75%
  • TTM: -31.03%

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 MuniYield Fund's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: -0.99%
    • Quarterly: -0.01%
    • TTM: -0.96%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: -0.66%
    • Quarterly: -0.00%
    • TTM: -0.66%

These metrics provide insights into BlackRock MuniYield 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

-31.03%

Quarterly ROIC

-294.75%

TTM ROIC

-31.03%

BlackRock MuniYield Fund Historical ROIC

14.68%14.68%10.11%10.11%5.54%5.54%0.97%0.97%-3.60%-3.60%-8.17%-8.17%-12.75%-12.75%-17.32%-17.32%-21.89%-21.89%-26.46%-26.46%-31.03%-31.03%ROIC-31.03%12.77%1.62%-12.31%7.68%2.78%3.55%3.63%7.14%-24.46%20152015201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROE

19.21%19.21%15.72%15.72%12.22%12.22%8.73%8.73%5.23%5.23%1.74%1.74%-1.76%-1.76%-5.25%-5.25%-8.75%-8.75%-12.24%-12.24%-15.74%-15.74%ROE-0.99%-15.74%16.71%-3.77%6.25%3.36%-0.18%5.96%10.02%-2.08%20152015201620162017201720182018201920192020202020212021202220222023202320242024

Historical ROA

12.32%12.32%10.16%10.16%7.99%7.99%5.83%5.83%3.66%3.66%1.50%1.50%-0.67%-0.67%-2.83%-2.83%-5.00%-5.00%-7.16%-7.16%-9.33%-9.33%ROA-0.66%-9.33%10.72%-2.29%3.97%2.02%-0.15%5.01%6.31%-1.28%20152015201620162017201720182018201920192020202020212021202220222023202320242024

BlackRock MuniYield 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 -31.03% -0.99% -0.66%
2022 12.77% -15.74% -9.33%
2021 1.62% 16.71% 10.72%
2020 -12.31% -3.77% -2.29%
2019 7.68% 6.25% 3.97%
2018 2.78% 3.36% 2.02%
2017 3.55% -0.18% -0.15%
2016 3.63% 5.96% 5.01%
2015 7.14% 10.02% 6.31%
2014 -24.46% -2.08% -1.28%

Related Metrics

Explore detailed financial metrics and analysis for MYD.

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