Blackrock Municipal 2030 Target Term Trust (BTT) Key Metrics
BTT valuation today
Trailing 12 months · as of October 25, 2026- Market cap
- $1.40B
- Enterprise value
- $2.21B
- P/E (TTM)
- 28.9 10-yr median 26.0
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 16.7 10-yr median 16.8
- Price / book
- 0.9 10-yr median 0.9
- EV / EBITDA
- — 10-yr median 26.3
- Dividend yield
- 2.55% $0.56 a year
- Beta
- 0.46
BTT key metrics, FY2017–FY2026
Fiscal year ended July 31, 2026 · U.S. dollarsBTT valuation Price multiples at each fiscal year-end price.
BTT returns How much profit the business earns on the capital it uses.
BTT per-share figures Results divided by the shares outstanding at year-end.
BTT financial health Debt, liquidity and how easily interest is covered.
BTT efficiency & capital use Working capital cycle and where the cash goes.
BTT valuation history
BTT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BTT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BTT cash returned to shareholders
BTT price vs earnings per share
BTT key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.43B | $1.42B | $1.39B | $1.48B | $1.67B | $1.85B | $1.75B | $1.66B | $1.52B | $1.63B |
| Enterprise value | $2.25B | $2.23B | $2.15B | $2.21B | $2.59B | $2.78B | $2.70B | $2.65B | $2.25B | $2.33B |
| P/E ratio | 29.8 | 26.0 | 29.7 | — | — | 14.9 | 17.0 | 8.6 | 33.5 | — |
| Price / sales | 16.8 | 17.2 | 16.4 | — | — | 14.9 | 16.8 | 8.6 | 32.8 | — |
| Price / book | 0.9 | 0.9 | 0.9 | 0.6 | 1.0 | 0.6 | 0.6 | 0.6 | 0.9 | 1.0 |
| Price / free cash flow | 24.7 | 23.4 | 10.1 | 7.0 | 28.5 | 22.8 | 33.1 | 30.7 | — | 24.2 |
| Price / operating cash flow | 24.7 | 23.4 | 10.1 | 7.0 | 28.5 | 22.8 | 33.1 | 30.7 | — | 24.2 |
| EV / sales | 26.6 | 27.0 | 25.6 | — | — | 22.3 | 26.1 | 13.7 | 48.4 | — |
| EV / EBITDA | 32.1 | 33.7 | 25.8 | — | — | 22.5 | 26.3 | 13.8 | 35.4 | — |
| EV / free cash flow | 39.0 | 36.9 | 15.7 | 10.5 | 44.2 | 34.2 | 51.3 | 49.2 | — | 34.6 |
| Earnings yield | 3.4% | 3.8% | 3.4% | −0.1% | −9.7% | 6.7% | 5.9% | 11.6% | 3.0% | −2.6% |
| Free cash flow yield | 4.1% | 4.3% | 9.9% | 14.3% | 3.5% | 4.4% | 3.0% | 3.3% | −1.1% | 4.1% |
| Dividend yield | 2.3% | 2.8% | 2.6% | 3.6% | 3.2% | 2.9% | 3.0% | 3.2% | 4.0% | 4.2% |
| Shareholder yield (dividends + buybacks) | 2.8% | 5.3% | 9.9% | 3.6% | 3.2% | 2.9% | 3.0% | 3.2% | 4.0% | 4.2% |
| Share price at fiscal year-end | $22.40 | $22.16 | $21.12 | $21.00 | $23.65 | $26.27 | $24.78 | $23.49 | $21.43 | $23.15 |
| Per share | ||||||||||
| Revenue per share | $1.33 | $1.29 | $1.28 | $0.00 | $0.00 | $1.77 | $1.47 | $2.74 | $0.65 | $0.00 |
| Earnings per share | $0.75 | $0.85 | $0.71 | −$0.02 | −$2.30 | $1.76 | $1.46 | $2.73 | $0.64 | −$0.60 |
| Operating cash flow per share | $0.91 | $0.95 | $2.09 | $3.00 | $0.83 | $1.15 | $0.75 | $0.76 | −$0.24 | $0.96 |
| Free cash flow per share | $0.91 | $0.95 | $2.09 | $3.00 | $0.83 | $1.15 | $0.75 | $0.76 | −$0.24 | $0.96 |
| Cash per share | $0.06 | $0.31 | $0.77 | $1.25 | $0.75 | $0.72 | $0.76 | $0.23 | $0.38 | $0.68 |
| Book value per share | $24.43 | $24.23 | $23.88 | $35.18 | $24.27 | $41.28 | $40.67 | $39.96 | $23.44 | $23.90 |
| Tangible book value per share | $24.43 | $24.23 | $23.88 | $35.18 | $24.27 | $41.28 | $40.67 | $39.96 | $23.44 | $23.90 |
| Dividends per share | $0.51 | $0.61 | $0.55 | $0.76 | $0.75 | $0.75 | $0.75 | $0.75 | $0.86 | $0.96 |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Debt per share | $13.09 | $13.04 | $12.49 | $11.62 | $13.86 | $13.94 | $14.35 | $14.35 | $10.57 | $10.68 |
| Shares outstanding | 63.6M | 63.9M | 65.6M | 70.5M | 70.5M | 70.5M | 70.5M | 70.5M | 71.0M | 70.3M |
| Change in shares outstanding | −0.5% | −2.6% | −6.9% | 0.0% | 0.0% | 0.0% | 0.0% | −0.8% | +1.1% | −0.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 3.1% | 3.5% | 2.3% | −0.1% | −7.0% | 4.3% | 3.6% | 8.6% | 2.7% | −2.4% |
| Return on invested capital (ROIC) | 2.3% | 2.2% | 1.3% | −0.0% | −3.7% | 1.6% | 1.3% | 4.4% | 1.3% | −0.9% |
| Return on assets (ROA) | 2.0% | 2.3% | 1.9% | −0.0% | −5.7% | 4.3% | 3.6% | 7.0% | 1.7% | −1.5% |
| Return on tangible assets | 2.0% | 2.3% | 1.9% | −0.0% | −5.9% | 4.2% | 3.6% | 6.8% | 1.7% | −1.6% |
| Free cash flow margin | 68.2% | 73.3% | 163.1% | — | — | 65.3% | 50.9% | 27.9% | −36.9% | — |
| Income quality (OCF / net income) | 1.21 | 1.11 | 2.95 | — | — | 0.66 | 0.51 | 0.28 | −0.38 | — |
| Financial health | ||||||||||
| Total debt | $832.8M | $833.4M | $819.4M | $819.3M | $977.2M | $982.9M | $1.01B | $1.01B | $750.7M | $750.5M |
| Cash & short-term investments | $3.6M | $19.7M | $50.2M | $88.2M | $53.0M | $51.0M | $53.8M | $16.2M | $26.8M | $47.8M |
| Net debt | $829.2M | $813.6M | $769.1M | $731.2M | $924.1M | $932.0M | $957.7M | $995.2M | $723.9M | $702.8M |
| Debt / equity | 0.54 | 0.54 | 0.52 | 0.33 | 0.57 | 0.34 | 0.35 | 0.36 | 0.45 | 0.45 |
| Debt / assets | 0.35 | 0.35 | 0.34 | 0.33 | 0.36 | 0.34 | 0.35 | 0.36 | 0.28 | 0.28 |
| Net debt / EBITDA | 11.81 | 12.30 | 9.21 | — | — | 7.52 | 9.30 | 5.17 | 11.41 | — |
| Current ratio | 0.42 | 0.23 | 0.83 | 5.06 | 0.87 | 3.30 | 5.24 | 4.53 | 0.09 | 0.10 |
| Quick ratio | 0.42 | 0.23 | 1.18 | 5.06 | 0.87 | 3.30 | 5.24 | −0.00 | 0.09 | 0.10 |
| Interest coverage | 3.1 | 2.6 | 2.0 | -0.0 | -16.5 | 18.3 | 6.4 | 8.2 | 3.5 | -2.1 |
| Working capital | −$60.9M | −$76.6M | −$14.8M | $17.4M | −$7.0M | $17.1M | $20.3M | $19.9M | −$255.8M | −$217.2M |
| Invested capital | $2.38B | $2.36B | $2.34B | $3.21B | $2.64B | $3.84B | $3.83B | $3.81B | $2.39B | $2.38B |
| Tangible asset value | $1.55B | $1.55B | $1.57B | $2.48B | $1.71B | $2.91B | $2.87B | $2.82B | $1.67B | $1.68B |
| Net current asset value | −$810.3M | −$826.5M | −$764.6M | $17.4M | −$986.3M | $17.1M | $20.3M | $19.9M | −$1.01B | −$966.7M |
| Graham number | $20.34 | $21.55 | $19.54 | — | — | $40.41 | $36.55 | $49.53 | $18.37 | — |
| Graham net-net per share | −$12.89 | −$12.73 | −$11.96 | $1.42 | −$13.40 | $0.88 | $0.96 | $0.60 | −$13.87 | −$13.16 |
| Capital allocation | ||||||||||
| Dividends paid | $32.7M | $39.2M | $36.4M | $53.8M | $52.8M | $52.8M | $52.8M | $52.8M | $60.8M | $67.7M |
| Share buybacks (net) | $7.3M | $35.3M | $101.1M | $0 | $0 | — | $0 | — | — | — |
| Dividend payout ratio | 68.3% | 72.0% | 78.0% | — | — | 42.6% | 51.3% | 27.4% | 133.7% | — |
| Dividends + buybacks / free cash flow | 69.3% | 123.1% | 100.0% | 25.4% | 90.1% | 64.9% | 100.1% | 98.0% | — | 100.5% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | — | — | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Capex / operating cash flow | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | 0.0% |
| R&D / revenue | — | — | — | — | — | 0.0% | 0.0% | 0.0% | 0.0% | — |
| SG&A / revenue | 8.0% | 19.8% | 12.2% | — | — | 0.5% | 0.7% | 0.4% | 1.9% | — |
| Efficiency | ||||||||||
| Days sales outstanding | 134.1 | 92.4 | 90.4 | — | — | 72.7 | 89.2 | 49.2 | 204.1 | — |
| Days of inventory on hand | — | — | -296.9 | — | — | — | — | 269.4 | — | — |
| Days payables outstanding | 565.7 | 452.1 | 74.3 | 1,021.2 | 964.8 | 120.6 | 68.5 | 124.8 | 459.4 | 1,060.2 |
| Cash conversion cycle (days) | -431.6 | -359.8 | -280.8 | — | — | -47.9 | 20.6 | 193.8 | -255.3 | — |
| Receivables turnover | 2.72 | 3.95 | 4.04 | 0.00 | 0.00 | 5.02 | 4.09 | 7.41 | 1.79 | 0.00 |
| Payables turnover | 0.65 | 0.81 | 4.91 | 0.36 | 0.38 | 3.03 | 5.32 | 2.92 | 0.79 | 0.34 |
| Inventory turnover | — | — | — | — | — | — | — | 1.35 | — | — |
| Asset turnover | 0.04 | 0.03 | 0.03 | 0.00 | 0.00 | 0.04 | 0.04 | 0.07 | 0.02 | 0.00 |
| Average receivables | $31.1M | $20.9M | $20.9M | $34.2M | $35.6M | $24.8M | $25.3M | $26.1M | $25.9M | $23.9M |
| Average payables | $15.4M | $12.3M | $7.5M | $29.0M | $30.6M | $6.1M | $5.2M | $11.9M | $36.6M | $71.0M |
| Average inventory | — | — | −$30.0M | — | — | — | — | $25.6M | — | — |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from BTT's annual financial statements (latest annual report filed July 31, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BTT valuation and financial ratios
At the end of fiscal 2026 (July 31, 2026), Blackrock Municipal 2030 Target Term Trust traded at 29.8 times earnings, against a 10-year median of 26.0. Based on the latest twelve months, the trailing P/E is 28.9. Blackrock Municipal 2030 Target Term Trust earned a return on equity of 3.1% and a return on invested capital of 2.3% in fiscal 2026. It ended the year with $832.8 million of debt and $3.6 million in cash and short-term investments, net debt of $829.2 million. It returned $40.0 million to shareholders: $32.7 million in dividends and $7.3 million in share buybacks, 69% of free cash flow. The share count fell 9.5% from 70.3M to 63.6M over 9 years.
See the BTT income statement, the BTT chart for price history, or the BTT stock overview for the latest quote and news.
BTT key metrics FAQ
What is Blackrock Municipal 2030 Target Term Trust's P/E ratio?
Blackrock Municipal 2030 Target Term Trust's trailing P/E ratio is 28.9 based on the last twelve months of earnings (as of October 25, 2026). At the end of fiscal 2026 it was 29.8, compared with a 10-year median of 26.0.
What is Blackrock Municipal 2030 Target Term Trust's EV/EBITDA?
Blackrock Municipal 2030 Target Term Trust's enterprise value was 32.1 times EBITDA at the end of fiscal 2026 (enterprise value $2.3 billion, EBITDA $70.2 million).
What is Blackrock Municipal 2030 Target Term Trust's return on equity?
Blackrock Municipal 2030 Target Term Trust's return on equity (ROE) was 3.1% in fiscal 2026: net income of $47.9 million on average shareholders' equity of $1.6 billion.
What is Blackrock Municipal 2030 Target Term Trust's ROIC?
Blackrock Municipal 2030 Target Term Trust's return on invested capital was 2.3% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Blackrock Municipal 2030 Target Term Trust have?
Blackrock Municipal 2030 Target Term Trust had total debt of $832.8 million at the end of fiscal 2026, a debt-to-equity ratio of 0.54 and $829.2 million of net debt (11.81 times EBITDA).
What is Blackrock Municipal 2030 Target Term Trust's dividend yield?
Blackrock Municipal 2030 Target Term Trust's forward dividend yield is 2.55%. Blackrock Municipal 2030 Target Term Trust paid $32.7 million in dividends in fiscal 2026 ($0.51 per share), a payout ratio of 68.3%.
Does Blackrock Municipal 2030 Target Term Trust buy back its shares?
Yes. Blackrock Municipal 2030 Target Term Trust spent $7.3 million on net share repurchases in fiscal 2026 Shares outstanding changed −0.5% over the year, to 63.6M..
What is Blackrock Municipal 2030 Target Term Trust's free cash flow yield?
Blackrock Municipal 2030 Target Term Trust generated $57.7 million of free cash flow in fiscal 2026, a free cash flow yield of 4.1% on its market value at year-end ($1.4 billion).
What is Blackrock Municipal 2030 Target Term Trust's current ratio?
Blackrock Municipal 2030 Target Term Trust's current ratio was 0.42 at the end of fiscal 2026: current assets were 0.42 times current liabilities.