Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 84.12% is 11% below its 5-year average of 94.43%, near the low end of its 5-year range (79.70%–100.00%).
10.05% below its 12-month average of 93.52%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 86.08%.
GROSS MARGIN
84.12%
GROSS MARGIN AVG TTM
93.52%
GROSS MARGIN AVG 3Y
96.03%
GROSS MARGIN AVG 5Y
94.43%
GROSS MARGIN AVG 10Y
95.78%
GROSS MARGIN AVG 15Y
100.00%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-10.05%
CURRENT VS 3Y AVG
-12.40%
CURRENT VS 5Y AVG
-10.91%
CURRENT VS 10Y AVG
-12.17%
CURRENT VS 15Y AVG
-15.88%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+43.61%
vs the sector median at left
BlackRock Floating Rate Income Trust
Market Cap
$320.62M
Gross Margin
84.12%
TTM Avg
93.52%
3Y Avg
96.03%
5Y Avg
94.43%
Market Cap
$282.67M
Gross Margin
67.66%
TTM Avg
67.59%
3Y Avg
75.75%
5Y Avg
78.81%
Market Cap
$266.05M
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$195.93M
Gross Margin
70.40%
TTM Avg
81.72%
3Y Avg
-248.27%
5Y Avg
-154.09%
Market Cap
$184.97M
Gross Margin
87.35%
TTM Avg
93.67%
3Y Avg
108.72%
5Y Avg
144.02%
Market Cap
$176.16M
Gross Margin
38.92%
TTM Avg
69.46%
3Y Avg
98.20%
5Y Avg
97.31%
Market Cap
$145.51M
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$65.38M
Gross Margin
85.04%
TTM Avg
40.34%
3Y Avg
72.24%
5Y Avg
81.65%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BlackRock Floating Rate Income Trust (BGT) | $320.62M | 84.12% | 93.52% | 96.03% | 94.43% |
| Isabella Bank Corporation (ISBA)vs › | $282.67M | 67.66% | 67.59% | 75.75% | 78.81% |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.05M | N/A | N/A | N/A | N/A |
| DeFi Technologies Inc. (DEFT)vs › | $195.93M | 70.40% | 81.72% | -248.27% | -154.09% |
| Franklin Universal Trust (FT)vs › | $184.97M | 87.35% | 93.67% | 108.72% | 144.02% |
| The New Germany Fund, Inc. (GF)vs › | $176.16M | 38.92% | 69.46% | 98.20% | 97.31% |
| Global X - MSCI Colombia ETF (COLO)vs › | $147.12M | N/A | N/A | N/A | N/A |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $145.51M | N/A | N/A | N/A | N/A |
| Nuveen Minnesota Quality Municipal Income Fund (NMS)vs › | $65.38M | 85.04% | 40.34% | 72.24% | 81.65% |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $664.21M | 87.06% | 87.03% | 83.31% | 84.77% |
Gross Margin
84.1%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 86.08% |
| 2025-12-31 | 100.00% |
| 2025-09-30 | 100.00% |
| 2025-06-30 | 87.98% |
| 2024-12-31 | 100.00% |
| 2024-09-30 | 100.00% |
| 2024-06-30 | 100.00% |
| 2024-03-31 | 100.00% |
| 2023-12-31 | 91.48% |
| 2023-09-30 | 100.00% |
| 2023-06-30 | 90.77% |
| 2023-03-31 | 100.00% |
| 2022-12-31 | 87.32% |
| 2022-09-30 | 100.00% |
| 2022-06-30 | 79.70% |
| 2022-03-31 | 100.00% |
| 2021-12-31 | 84.71% |
| 2021-09-30 | 100.00% |
| 2021-06-30 | 86.05% |
| 2021-03-31 | 100.00% |
| 2020-12-31 | 80.59% |
| 2020-09-30 | 100.00% |
| 2020-06-30 | 262.57% |
| 2020-03-31 | 100.00% |
| 2019-12-31 | 100.00% |
| 2019-10-31 | 84.15% |
| 2019-07-31 | 100.00% |
| 2019-04-30 | 80.63% |
| 2019-01-31 | 100.00% |
| 2018-10-31 | 100.00% |
| 2018-07-31 | 100.00% |
| 2018-04-30 | 100.00% |
| 2018-01-31 | 100.00% |
| 2017-10-31 | 100.00% |
| 2017-07-31 | 100.00% |
| 2017-04-30 | 100.00% |
| 2017-01-31 | 100.00% |
| 2016-10-31 | 100.00% |
| 2016-07-31 | 100.00% |
| 2016-04-30 | 100.00% |
| 2016-01-31 | 100.00% |
| 2015-10-31 | 100.00% |
| 2015-07-31 | 100.00% |
| 2015-04-30 | 100.00% |
| 2015-01-31 | 100.00% |
| 2014-10-31 | 100.00% |
| 2014-07-31 | 100.00% |
| 2014-04-30 | 100.00% |
| 2014-01-31 | 100.00% |
| 2013-10-31 | 100.00% |
| 2013-07-31 | 100.00% |
| 2013-04-30 | 100.00% |
| 2013-01-31 | 100.00% |
| 2012-10-31 | 100.00% |
| 2012-07-31 | 100.00% |
