BlackRock Income Trust, Inc.

NYSE:BKT Stock Report

Market Cap: US$239.5m

BlackRock Income Trust Past Earnings Performance

Past criteria checks 1/6

BlackRock Income Trust's earnings have been declining at an average annual rate of -55.5%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 13.6% per year. BlackRock Income Trust's return on equity is 5.5%, and it has net margins of 95.4%.

Key information

-55.5%

Earnings growth rate

-60.8%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth rate-13.6%
Return on equity5.5%
Net Margin95.4%
Last Earnings Update31 Dec 2023

Recent past performance updates

No updates

Recent updates

BKT: Understand What You Are Buying, MBS Will Likely Deliver

Apr 03

BKT: Vulnerable To A Correction And Distribution Cut (Rating Downgrade)

Jan 22

BKT: Sell Before The Distribution Is Cut

Nov 08

BKT: Harnessing The Power Of Agency-Backed Mortgages For Reliable Returns

Oct 12

BKT: Risks Remain Elevated (Rating Downgrade)

Oct 01

BKT: A Conservative Bond Fund For Income

Aug 11

BKT: It Is Time To Buy Agency MBS Bonds

May 28

BKT: A Bond Fund With An 8% Yield And Attractive Valuation

Dec 07

BlackRock Income Trust goes ex-dividend on Monday

Nov 11

BlackRock Income Trust declares $0.0294 dividend

Oct 06

BKT: MBS Bonds Will Continue To Be Under Pressure

Sep 08

BlackRock Income Trust declares $0.0294 dividend

Sep 02

BlackRock Income Trust declares $0.0294 dividend

Aug 02

BlackRock Income Trust declares $0.0294 dividend

Jul 05

BlackRock Income Trust: We Are Not There Yet

Jun 03

BKT: What A Difference Two Months Can Make

Jan 27

BKT: Moving From Bearish To Neutral After The Fed

Nov 05

BKT: Leveraged Agency MBS CEF, Unsustainable Distribution

Oct 19

BKT - Leveraged MBS Fund With A 6.5% Yield

Sep 22

BKT: A Few Reasons I'm Not Buying Here

Jul 15

BlackRock Income Trust declares $0.0344 dividend

May 07

BlackRock Income Trust declares $0.0344 dividend

Dec 21

BKT: Agency Mortgage-Backed Securities Remain One Of My Core Equity Hedges

Dec 11

BlackRock Income Trust declares $0.0344 dividend

Nov 03

Revenue & Expenses Breakdown
Beta

How BlackRock Income Trust makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:BKT Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 23161530
30 Sep 2316-130
30 Jun 2316-1630
31 Mar 2315-3830
31 Dec 2214-6030
30 Sep 2214-5330
30 Jun 2215-4730
31 Mar 2217-2730
31 Dec 2119-830
30 Sep 2120-140
30 Jun 2121540
31 Mar 21221240
31 Dec 20231940
30 Sep 20242040
30 Jun 20242040
31 Mar 20242540
31 Dec 19242940
31 Dec 18242140
31 Aug 1823-640
31 May 1822-340
28 Feb 1822140
30 Nov 1721340
31 Aug 1721640
31 May 1721440
28 Feb 1722240
30 Nov 1622840
31 Aug 16231440
31 May 16231540
29 Feb 16231540
30 Nov 15241440
31 Aug 15251340
31 May 15261540
28 Feb 15271840
30 Nov 14272140
31 Aug 14272540
31 May 14261740
28 Feb 1426840
30 Nov 1325040
31 Aug 1325-940
31 May 1326040

Quality Earnings: BKT has a large one-off gain of $7.1M impacting its last 12 months of financial results to 31st December, 2023.

Growing Profit Margin: BKT became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BKT's earnings have declined by 55.5% per year over the past 5 years.

Accelerating Growth: BKT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BKT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).


Return on Equity

High ROE: BKT's Return on Equity (5.5%) is considered low.


Return on Assets


Return on Capital Employed

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