(BUI) BlackRock Utility - Overview
Sector: Financial Services | Industry: Asset Management | Exchange: NYSE (USA) | Market Cap: 689m USD | Total Return: 28.6% in 12m
Avg Turnover: 2.12M
Rev. Trend: 85.4%
Warnings
Choppy
Tailwinds
No distinct edge detected
BlackRock Utility, Infrastructure & Power Opportunities Trust (BUI) is a closed-end equity fund managed by BlackRock Advisors, LLC. The fund invests globally in public equities within the utilities and infrastructure sectors, maintaining a portfolio that spans various market capitalizations. To enhance returns or manage risk, the trust utilizes a derivative strategy with a specific focus on option writing.
The utilities and infrastructure sectors are characterized by capital-intensive business models that often operate under regulated frameworks or long-term contracts, providing relatively predictable cash flows. These sectors frequently serve as defensive allocations because they provide essential services, such as electricity, water, and transportation networks, which maintain demand regardless of economic cycles.
Investors can evaluate the funds historical performance and underlying holdings on ValueRay to better understand its risk profile. Founded in late 2011, the trust represents a specialized vehicle for gaining exposure to global essential services through a managed equity and options framework.
- Global interest rate cuts increase demand for high-yield utility equities
- Option writing strategy generates income but limits upside in bull markets
- Global infrastructure spending and decarbonization initiatives drive underlying asset valuations
- Narrowing discounts to Net Asset Value improve total shareholder returns
| Net Income: 139.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.24 > 0.02 and ΔFCF/TA 25.14 > 1.0 |
| NWC/Revenue: 13.51% < 20% (prev 25.17%; Δ -11.67% < -1%) |
| CFO/TA -0.02 > 3% & CFO -14.1m > Net Income 139.1m |
| Net Debt (-17.5m) to EBITDA (139.1m): -0.13 < 3 |
| Current Ratio: 1.98k > 1.5 & < 3 |
| Outstanding Shares: last quarter (24.1m) vs 12m ago 7.07% < -2% |
| Gross Margin: 92.46% > 18% (prev 0.80%; Δ 9.17k% > 0.5%) |
| Asset Turnover: 26.87% > 50% (prev 10.20%; Δ 16.67% > 0%) |
| Interest Coverage Ratio: 100.0k > 6 (EBITDA TTM 139.1m / Interest Expense TTM 165.0) |
| A: 0.03 (Total Current Assets 20.1m - Total Current Liabilities 10.2k) / Total Assets 591.9m |
| B: 0.31 (Retained Earnings 181.5m / Total Assets 591.9m) |
| C: 0.25 (EBIT TTM 139.1m / Avg Total Assets 554.0m) |
| D: 734.1 (Book Value of Equity 591.0m / Total Liabilities 805k) |
| Altman-Z'' = 773.8 = AAA |
As of May 24, 2026, the stock is trading at USD 28.10 with a total of 51,466 shares traded.
Over the past week, the price has changed by +2.93%,
over one month by +4.00%,
over three months by -2.94% and
over the past year by +28.58%.
BlackRock Utility has no consensus analysts rating.
P/S = 6.5995
P/B = 1.1659
Revenue TTM = 148.9m USD
EBIT TTM = 139.1m USD
EBITDA TTM = 139.1m USD
Long Term Debt = unknown (0.0)
Short Term Debt = 10.2k USD (from shortTermDebt, last quarter)
Debt = 10.2k USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -17.5m USD (calculated: Debt 10.2k - CCE 17.5m)
Enterprise Value = 671.6m USD (689.1m + Debt 10.2k - CCE 17.5m)
Interest Coverage Ratio = 843k (Ebit TTM 139.1m / Interest Expense TTM 165.0)
EV/FCF = 4.83x (Enterprise Value 671.6m / FCF TTM 139.1m)
FCF Yield = 20.72% (FCF TTM 139.1m / Enterprise Value 671.6m)
FCF Margin = 93.46% (FCF TTM 139.1m / Revenue TTM 148.9m)
Net Margin = 93.46% (Net Income TTM 139.1m / Revenue TTM 148.9m)
Gross Margin = 92.46% ((Revenue TTM 148.9m - Cost of Revenue TTM 11.2m) / Revenue TTM)
Gross Margin QoQ = none% (prev 87.42%)
Tobins Q-Ratio = 1.13 (Enterprise Value 671.6m / Total Assets 591.9m)
Interest Expense / Debt = 1.62% (Interest Expense 165.0 / Debt 10.2k)
Taxrate = 21.0% (US default 21%)
NOPAT = 109.9m (EBIT 139.1m * (1 - 21.00%))
Current Ratio = 1.98k (out of range, set to none) (Total Current Assets 20.1m / Total Current Liabilities 10.2k)
Debt / Equity = 0.00 (Debt 10.2k / totalStockholderEquity, last quarter 591.0m)
Debt / EBITDA = -0.13 (Net Debt -17.5m / EBITDA 139.1m)
Debt / FCF = -0.13 (Net Debt -17.5m / FCF TTM 139.1m)
Total Stockholder Equity = 542.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 25.11% (Net Income 139.1m / Total Assets 591.9m)
RoE = 25.66% (Net Income TTM 139.1m / Total Stockholder Equity 542.1m)
RoCE = 25.67% (EBIT 139.1m / Capital Employed (Equity 542.1m + L.T.Debt 0.0))
RoIC = 18.57% (NOPAT 109.9m / Invested Capital 591.9m)
WACC = 7.21% (E(689.1m)/V(689.1m) * Re(7.21%) + D(10.2k)/V(689.1m) * Rd(1.62%) * (1-Tc(0.21)))
Discount Rate = 7.21% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 11.21%
[DCF] Terminal Value 75.44% ; FCFF base≈139.1m ; Y1≈139.7m ; Y5≈148.0m
[DCF] Fair Price = 94.57 (EV 2.30b - Net Debt -17.5m = Equity 2.32b / Shares 24.5m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
Revenue Correlation: 85.43 | Revenue CAGR: 65.34% | SUE: N/A | # QB: 0