BlackRock Municipal Income Trust II Past Earnings Performance
Past criteria checks 1/6
BlackRock Municipal Income Trust II's earnings have been declining at an average annual rate of -35.9%, while the Capital Markets industry saw earnings growing at 9.1% annually. Revenues have been growing at an average rate of 13.8% per year. BlackRock Municipal Income Trust II's return on equity is 2.7%, and it has net margins of 39%.
Key information
-35.9%
Earnings growth rate
-37.9%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 13.8% |
| Return on equity | 2.7% |
| Net Margin | 39.0% |
| Last Earnings Update | 31 Jan 2024 |
Recent past performance updates
No updates
Recent updates
BlackRock Municipal Income Trust II declares $0.037 dividend
Feb 03BlackRock Municipal Income Trust II declares $0.037 dividend
Jan 06BlackRock Municipal Income Trust II decreases dividend by 12%
Dec 12BlackRock Municipal Income Trust II declares $0.042 dividend
Nov 07BlackRock Municipal Income Trust II declares $0.052 dividend
Sep 02BlackRock Municipal Income Trust II declares $0.052 dividend
Aug 02BlackRock Municipal Income Trust II declares $0.052 dividend
Jul 05BlackRock Municipal Income Trust II declares $0.062 dividend
May 07BlackRock Municipal Income Trust II declares $0.062 dividend
Feb 04BlackRock Municipal Income Trust II declares $0.062 dividend
Nov 03Revenue & Expenses Breakdown
How BlackRock Municipal Income Trust II makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Jan 24 | 40 | 16 | 5 | 0 |
| 31 Oct 23 | 41 | 6 | 5 | 0 |
| 31 Jul 23 | 41 | -3 | 6 | 0 |
| 31 Jul 22 | 42 | -104 | 6 | 0 |
| 28 Feb 22 | 41 | -7 | 7 | 0 |
| 30 Nov 21 | 36 | 15 | 6 | 0 |
| 31 Aug 21 | 31 | 37 | 5 | 0 |
| 31 May 21 | 27 | 19 | 4 | 0 |
| 28 Feb 21 | 23 | 1 | 3 | 0 |
| 30 Nov 20 | 24 | 4 | 3 | 0 |
| 31 Aug 20 | 24 | 8 | 3 | 0 |
| 31 May 20 | 24 | 25 | 3 | 0 |
| 29 Feb 20 | 25 | 43 | 3 | 0 |
| 30 Nov 19 | 25 | 37 | 3 | 0 |
| 31 Aug 19 | 25 | 31 | 3 | 0 |
| 31 May 19 | 26 | 20 | 3 | 0 |
| 28 Feb 19 | 26 | 10 | 3 | 0 |
| 30 Nov 18 | 26 | 7 | 3 | 0 |
| 31 Aug 18 | 26 | 4 | 3 | 0 |
| 31 May 18 | 26 | 9 | 3 | 0 |
| 28 Feb 18 | 26 | 15 | 3 | 0 |
| 30 Nov 17 | 26 | 7 | 4 | 0 |
| 31 Aug 17 | 27 | -1 | 4 | 0 |
| 31 May 17 | 27 | 2 | 4 | 0 |
| 28 Feb 17 | 28 | 5 | 4 | 0 |
| 30 Nov 16 | 28 | 24 | 4 | 0 |
| 31 Aug 16 | 28 | 42 | 4 | 0 |
| 31 May 16 | 27 | 30 | 4 | 0 |
| 29 Feb 16 | 27 | 18 | 4 | 0 |
| 30 Nov 15 | 27 | 18 | 4 | 0 |
| 31 Aug 15 | 27 | 17 | 4 | 0 |
| 31 May 15 | 27 | 35 | 4 | 0 |
| 28 Feb 15 | 28 | 53 | 4 | 0 |
| 30 Nov 14 | 27 | 63 | 3 | 0 |
| 31 Aug 14 | 27 | 74 | 3 | 0 |
| 31 May 14 | 28 | 28 | 3 | 0 |
| 28 Feb 14 | 28 | -17 | 3 | 0 |
| 30 Nov 13 | 29 | -29 | 4 | 0 |
| 31 Aug 13 | 29 | -41 | 4 | 0 |
| 31 May 13 | 29 | 2 | 4 | 0 |
Quality Earnings: BLE has a large one-off loss of $8.1M impacting its last 12 months of financial results to 31st January, 2024.
Growing Profit Margin: BLE became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BLE's earnings have declined by 35.9% per year over the past 5 years.
Accelerating Growth: BLE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BLE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (7.2%).
Return on Equity
High ROE: BLE's Return on Equity (2.7%) is considered low.