Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Gross Profit varies significantly from one sector to another and tells investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
BlackRock Gross Profit Assessment
According to company disclosure BlackRock Income Opportunity Trust Inc reported 23.06 M of gross profit. This is 99.18% lower than that of Financial sector, and 22.44% lower than that of Closed-End Fund - Debt industry, The Gross Profit for all stocks is 99.66% higher than the company.
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BlackRock is currently under evaluation in gross profit category among related companies.
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