BlackRock MuniAssets Fund Past Earnings Performance
Past criteria checks 0/6
BlackRock MuniAssets Fund's earnings have been declining at an average annual rate of -18.5%, while the Capital Markets industry saw earnings growing at 10% annually. Revenues have been growing at an average rate of 1% per year. BlackRock MuniAssets Fund's return on equity is 1.6%, and it has net margins of 23.7%.
Key information
-18.5%
Earnings growth rate
-21.9%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 1.0% |
| Return on equity | 1.6% |
| Net Margin | 23.7% |
| Last Earnings Update | 31 Jan 2024 |
Recent past performance updates
No updates
Recent updates
BlackRock MuniAssets Fund declares $0.0455 dividend
Feb 03BlackRock MuniAssets Fund declares $0.0455 dividend
Jan 06BlackRock MuniAssets Fund declares $0.0455 dividend
Dec 12BlackRock MuniAssets Fund declares $0.0455 dividend
Nov 07BlackRock MuniAssets Fund declares $0.0455 dividend
Oct 06BlackRock MuniAssets Fund declares $0.0455 dividend
Sep 02BlackRock MuniAssets Fund declares $0.0455 dividend
Aug 02BlackRock MuniAssets Fund declares $0.0455 dividend
Jul 05BlackRock MuniAssets Fund declares $0.052 dividend
May 07BlackRock MuniAssets Fund declares $0.0525 dividend
Feb 04BlackRock MuniAssets Fund declares $0.0525 dividend
Jan 05Revenue & Expenses BreakdownBeta
How BlackRock MuniAssets Fund 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 | 30 | 7 | 4 | 0 |
| 31 Oct 23 | 30 | -7 | 4 | 0 |
| 31 Jul 23 | 31 | -21 | 4 | 0 |
| 31 Jul 22 | 30 | 38 | 4 | 0 |
| 30 Apr 22 | 27 | -63 | 4 | 0 |
| 31 Jan 22 | 27 | -3 | 4 | 0 |
| 31 Oct 21 | 26 | 57 | 4 | 0 |
| 31 Jul 21 | 27 | 75 | 4 | 0 |
| 30 Apr 21 | 27 | 94 | 4 | 0 |
| 31 Jan 21 | 27 | 50 | 4 | 0 |
| 31 Oct 20 | 27 | 7 | 4 | 0 |
| 31 Jul 20 | 27 | -8 | 4 | 0 |
| 30 Apr 20 | 28 | -24 | 4 | 0 |
| 31 Jan 20 | 28 | 10 | 4 | 0 |
| 31 Oct 19 | 29 | 43 | 4 | 0 |
| 31 Jul 19 | 29 | 36 | 4 | 0 |
| 30 Apr 19 | 29 | 29 | 4 | 0 |
| 31 Jan 19 | 29 | 20 | 4 | 0 |
| 31 Oct 18 | 29 | 12 | 4 | 0 |
| 31 Jul 18 | 29 | 17 | 4 | 0 |
| 30 Apr 18 | 29 | 22 | 4 | 0 |
| 31 Jan 18 | 29 | 18 | 4 | 0 |
| 31 Oct 17 | 29 | 13 | 4 | 0 |
| 31 Jul 17 | 30 | 12 | 4 | 0 |
| 30 Apr 17 | 30 | 11 | 4 | 0 |
| 31 Jan 17 | 30 | 26 | 4 | 0 |
| 31 Oct 16 | 30 | 41 | 4 | 0 |
| 31 Jul 16 | 30 | 39 | 4 | 0 |
| 30 Apr 16 | 30 | 38 | 4 | 0 |
| 31 Jan 16 | 30 | 33 | 4 | 0 |
| 31 Oct 15 | 30 | 27 | 4 | 0 |
| 31 Jul 15 | 30 | 37 | 4 | 0 |
| 30 Apr 15 | 30 | 47 | 4 | 0 |
| 31 Jan 15 | 31 | 57 | 3 | 0 |
| 31 Oct 14 | 31 | 67 | 3 | 0 |
| 31 Jul 14 | 31 | 32 | 3 | 0 |
| 30 Apr 14 | 31 | -2 | 3 | 0 |
| 31 Jan 14 | 31 | -7 | 3 | 0 |
| 31 Oct 13 | 31 | -13 | 3 | 0 |
| 31 Jul 13 | 32 | 23 | 4 | 0 |
| 30 Apr 13 | 32 | 60 | 4 | 0 |
Quality Earnings: MUA has a large one-off loss of $17.2M impacting its last 12 months of financial results to 31st January, 2024.
Growing Profit Margin: MUA's current net profit margins (23.7%) are lower than last year (26.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MUA's earnings have declined by 18.5% per year over the past 5 years.
Accelerating Growth: MUA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MUA had negative earnings growth (-12.1%) over the past year, making it difficult to compare to the Capital Markets industry average (-2.6%).
Return on Equity
High ROE: MUA's Return on Equity (1.6%) is considered low.