BlackRock MuniYield Michigan Quality Fund, Inc.

NYSE:MIY Stock Report

Market Cap: US$339.7m

BlackRock MuniYield Michigan Quality Fund Past Earnings Performance

Past criteria checks 0/6

BlackRock MuniYield Michigan Quality Fund's earnings have been declining at an average annual rate of -51.4%, while the Capital Markets industry saw earnings growing at 9.3% annually. Revenues have been declining at an average rate of 4.5% per year.

Key information

-51.4%

Earnings growth rate

-51.5%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth rate-4.5%
Return on equity-1.1%
Net Margin-17.5%
Last Earnings Update31 Jul 2023

Recent past performance updates

No updates

Revenue & Expenses Breakdown
Beta

How BlackRock MuniYield Michigan Quality Fund makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:MIY Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Jul 2325-430
30 Apr 2325-2130
31 Jan 2325-3740
31 Oct 2225-4540
31 Jul 2225-5440
30 Apr 2226-3140
31 Jan 2226-940
31 Oct 2126740
31 Jul 21272440
30 Apr 21272040
31 Jan 21271650
31 Oct 20282050
31 Jul 20282360
30 Apr 20293760
31 Jan 20295160
31 Oct 19294450
31 Jul 19293850
30 Apr 19292540
31 Jan 19301240
31 Oct 18301040
31 Jul 1830840
30 Apr 18301740
31 Jan 18302540
31 Oct 17301140
31 Jul 1731-340
30 Apr 1731-140
31 Jan 1731140
31 Oct 16302640
31 Jul 16295140
30 Apr 16263540
31 Jan 16242030
31 Oct 15212030
31 Jul 15192030
30 Apr 15193430
31 Jan 15194830
31 Oct 14204220
31 Jul 14203620
30 Apr 14201020
31 Jan 1420-1620
31 Oct 1320-1830
31 Jul 1321-2030
30 Apr 1321130

Quality Earnings: MIY is currently unprofitable.

Growing Profit Margin: MIY is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MIY is unprofitable, and losses have increased over the past 5 years at a rate of 51.4% per year.

Accelerating Growth: Unable to compare MIY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MIY is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-4.3%).


Return on Equity

High ROE: MIY has a negative Return on Equity (-1.15%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed

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