BlackRock New York Municipal Income Trust (BNY) Margin Analysis

BlackRock New York Municipal Income Trust

BNY (NYSE)

(%)

Models
BlackRock New York Municipal Income Trust Margin Analysis

# --- Years and Quarters
assumptions.set({
    "timeseries": "annual",
    "data": {
        "#years": """
            4
        """,
        "#quarters": """
            8
        """,
    },
    "titles": {
        "#years": "Years",
        "#quarters": "Quarters",
    },
    "properties": {
        "width": "responsive",
        "title": "Years and Quarters",
        "id": "component-1",
        "bindTo": None
    },
    "descriptions": {
        "#years": r"""
The number of historical years used to render the annual chart and tables.
        """,
        "#quarters": r"""
The number of historical quarters used to render the quarterly chart and tables.
        """,
    }
})

# Render description block
model.render_description({
    "data": r"""
## Margin Analysis Report

Margins refer to the ratio between a financial report item and the revenue (example: Net Income Margin = Net Income / Revenue).

This analysis provides annual and quarterly sections for reporting key financial margins.
""",
    "properties": {
        "width": "responsive"
    }
})

# Render description block
model.render_description({
    "data": r"""
## Annual Section

The annual section uses annual data to calculate margins and growth rates.
""",
    "properties": {
        "width": "full"
    }
})

# --- Income Statement Margins
data.compute({
    "user:%revenueGrowthRate": """
        ( income:revenue / income:revenue:-1 ) - 1
    """,
    "user:%grossMargin": """
        income:grossProfit / income:revenue
    """,
    "user:%operatingMargin": """
        income:operatingIncome / income:revenue
    """,
    "user:%netMargin": """
        income:netIncome / income:revenue
    """,
}, forecast=0, timeseries="annual")

model.render_table({
    "timeseries": "annual",
    "data": {
        "income:revenue": "Revenue",
        "user:%revenueGrowthRate": "Revenue Growth Rate",
        "income:costOfRevenue": "Cost of Revenue",
        "income:grossProfit": "Gross Profit",
        "user:%grossMargin": "Gross Margin",
        "income:operatingIncome": "Operating Income",
        "user:%operatingMargin": "Operating Margin",
        "income:netIncome": "Net Income",
        "user:%netMargin": "Net Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Income Statement Margins",
        "order": "descending",
        "number_format": "M",
        "include_ltm": True,
        "display_averages": False,
        "width": "responsive"
    }
})

# --- Cash Flow Statement Margins
data.compute({
    "user:%cashFromOperatingActivitiesMargin": """
        flow:netCashProvidedByOperatingActivities / income:revenue
    """,
    "user:%freeCashFlowMargin": """
        flow:freeCashFlow / income:revenue
    """,
    "user:%depreciationAndAmortizationMargin": """
        flow:depreciationAndAmortization / income:revenue
    """,
    "user:%capitalExpenditureMargin": """
        flow:capitalExpenditure / income:revenue
    """,
}, forecast=0, timeseries="annual")

model.render_table({
    "timeseries": "annual",
    "data": {
        "income:revenue": "Revenue",
        "flow:netCashProvidedByOperatingActivities": "Cash from Operating Activities",
        "user:%cashFromOperatingActivitiesMargin": "Cash from Operating Activities Margin",
        "flow:freeCashFlow": "Free Cash Flow",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
        "flow:depreciationAndAmortization": "Depreciation and Amortization",
        "user:%depreciationAndAmortizationMargin": "Depreciation and Amortization Margin",
        "flow:capitalExpenditure": "Capital Expenditure",
        "user:%capitalExpenditureMargin": "Capital Expenditure Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Cash Flow Statement Margins",
        "order": "descending",
        "number_format": "M",
        "include_ltm": True,
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_chart({
    "timeseries": "annual",
    "data": {
        "user:%grossMargin": "Gross Margin",
        "user:%operatingMargin": "Operating Margin",
        "user:%netMargin": "Net Margin",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
    },
    "start": data.get("""
        -assumption:#years
    """),
    "end": 0,
    "properties": {
        "title": "Annual Chart",
        "include_ltm": False,
        "set_editable": [],
        "hidden_keys": [],
        "bar_keys": ["user:%grossMargin", "user:%operatingMargin", "user:%netMargin", "user:%freeCashFlowMargin"],
        "width": "full"
    }
})

# Render description block
model.render_description({
    "data": r"""
## Quarterly Section

The quarterly section uses quarterly data to calculate margins and growth rates.
""",
    "properties": {
        "width": "full"
    }
})

model.render_table({
    "timeseries": "quarterly",
    "data": {
        "income:revenue": "Revenue",
        "user:%revenueGrowthRate": "Revenue Growth Rate",
        "income:costOfRevenue": "Cost of Revenue",
        "income:grossProfit": "Gross Profit",
        "user:%grossMargin": "Gross Margin",
        "income:operatingIncome": "Operating Income",
        "user:%operatingMargin": "Operating Margin",
        "income:netIncome": "Net Income",
        "user:%netMargin": "Net Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Income Statement Margins",
        "order": "descending",
        "number_format": "M",
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_table({
    "timeseries": "quarterly",
    "data": {
        "income:revenue": "Revenue",
        "flow:netCashProvidedByOperatingActivities": "Cash from Operating Activities",
        "user:%cashFromOperatingActivitiesMargin": "Cash from Operating Activities Margin",
        "flow:freeCashFlow": "Free Cash Flow",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
        "flow:depreciationAndAmortization": "Depreciation and Amortization",
        "user:%depreciationAndAmortizationMargin": "Depreciation and Amortization Margin",
        "flow:capitalExpenditure": "Capital Expenditure",
        "user:%capitalExpenditureMargin": "Capital Expenditure Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Cash Flow Statement Margins",
        "order": "descending",
        "number_format": "M",
        "display_averages": False,
        "width": "responsive"
    }
})

model.render_chart({
    "timeseries": "quarterly",
    "data": {
        "user:%grossMargin": "Gross Margin",
        "user:%operatingMargin": "Operating Margin",
        "user:%netMargin": "Net Margin",
        "user:%freeCashFlowMargin": "Free Cash Flow Margin",
    },
    "start": data.get("""
        -assumption:#quarters
    """),
    "end": 0,
    "properties": {
        "title": "Quarterly Chart",
        "set_editable": [],
        "hidden_keys": [],
        "bar_keys": ["user:%grossMargin", "user:%operatingMargin", "user:%netMargin", "user:%freeCashFlowMargin"],
        "width": "full"
    }
})

Years and Quarters

Years Years The number of historical years used to render the annual chart and tables.	#
Quarters Quarters The number of historical quarters used to render the quarterly chart and tables.	#

Margin Analysis Report

Margins refer to the ratio between a financial report item and the revenue (example: Net Income Margin = Net Income / Revenue).

This analysis provides annual and quarterly sections for reporting key financial margins.

Annual Section

The annual section uses annual data to calculate margins and growth rates.

Income Statement Margins

Monetary values in USD amounts except #	LTM Mar 13	2025 Jul 31	2024 Jul 31	2023 Jul 31	2022 Jul 31
Revenue	18.2	20.4	11.31	19.59	20.16
Revenue Growth Rate	-10.74%	80.29%	-42.25%	-2.82%	32.93%
Cost of Revenue	2.68	0	0	2.79	3.34
Gross Profit	16.82	20.4	11.31	16.8	16.81
Gross Margin	92.41%	100%	100%	85.75%	83.42%
Operating Income	8.51	16.21	10.75	16.6	16.65
Operating Margin	46.76%	79.5%	95.05%	84.75%	82.61%
Net Income	-23.49	-23.49	10.75	-1.46	-53.14
Net Margin	-129%	-115.2%	95.05%	-7.45%	-263.6%

Cash Flow Statement Margins

Monetary values in USD amounts except #	LTM Mar 13	2025 Jul 31	2024 Jul 31	2023 Jul 31	2022 Jul 31
Revenue	18.2	20.4	11.31	19.59	20.16
Cash from Operating Activities	9.37	19.68	16.12	53.82	43.45
Cash from Operating Activities Margin	51.45%	96.51%	142.5%	274.7%	215.6%
Free Cash Flow	16.76	19.68	16.12	53.82	43.45
Free Cash Flow Margin	92.09%	96.51%	142.5%	274.7%	215.6%
Depreciation and Amortization	0	0	0	0	0
Depreciation and Amortization Margin	0%	0%	0%	0%	0%
Capital Expenditure	-0	-0	0	0	0
Capital Expenditure Margin	0%	0%	0%	0%	0%

Annual Chart

Monetary values in USD

{"sectionId": "section-chart-1", "sectionType": "chart", "title": "Annual Chart", "timeseries": "annual", "series": [{"label": "Gross Margin", "mappingKey": "user:%grossMargin", "data": [{"l": "2022", "x": "2022-07-31", "y": 83.42}, {"l": "2023", "x": "2023-07-31", "y": 85.75}, {"l": "2024", "x": "2024-07-31", "y": 100}, {"l": "2025", "x": "2025-07-31", "y": 100}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Operating Margin", "mappingKey": "user:%operatingMargin", "data": [{"l": "2022", "x": "2022-07-31", "y": 82.61}, {"l": "2023", "x": "2023-07-31", "y": 84.75}, {"l": "2024", "x": "2024-07-31", "y": 95.05}, {"l": "2025", "x": "2025-07-31", "y": 79.5}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Net Margin", "mappingKey": "user:%netMargin", "data": [{"l": "2022", "x": "2022-07-31", "y": -263.6}, {"l": "2023", "x": "2023-07-31", "y": -7.45}, {"l": "2024", "x": "2024-07-31", "y": 95.05}, {"l": "2025", "x": "2025-07-31", "y": -115.2}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}, {"label": "Free Cash Flow Margin", "mappingKey": "user:%freeCashFlowMargin", "data": [{"l": "2022", "x": "2022-07-31", "y": 215.6}, {"l": "2023", "x": "2023-07-31", "y": 274.7}, {"l": "2024", "x": "2024-07-31", "y": 142.5}, {"l": "2025", "x": "2025-07-31", "y": 96.51}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "annual", "hidden": false}], "editableDates": {}, "properties": {"display_table": false}, "width": "full"}

Quarterly Section

The quarterly section uses quarterly data to calculate margins and growth rates.

Income Statement Margins

Monetary values in USD amounts except #	2025 (Q4) Jul 31	2025 (Q2) Jan 31	2024 (Q4) Jul 31	2024 (Q2) Jan 31	2023 (Q4) Jul 31	2023 (Q2) Jan 31
Revenue	10.24	7.97	8.84	9.87	9.77	9.81
Revenue Growth Rate	28.5%	-9.88%	-10.47%	1.01%	-0.383%
Cost of Revenue	1.3	1.38	1.33	2.68	2.72	2.86
Gross Profit	10.24	6.58	7.51	7.19	7.05	6.95
Gross Margin	100%	82.65%	85%	72.86%	72.16%	70.86%
Operating Income	7.81	0.701	6.93	8.44	8.32	8.28
Operating Margin	76.31%	8.79%	78.37%	85.43%	85.09%	84.42%
Net Income	-20.49	-3	3.03	7.73	-0.759	-0.7
Net Margin	-200.1%	-37.69%	34.22%	78.26%	-7.77%	-7.14%

Cash Flow Statement Margins

Monetary values in USD amounts except #	2025 (Q4) Jul 31	2025 (Q2) Jan 31	2024 (Q4) Jul 31	2024 (Q2) Jan 31	2023 (Q4) Jul 31	2023 (Q2) Jan 31
Revenue	10.24	7.97	8.84	9.87	9.77	9.81
Cash from Operating Activities	5.42	3.95	4.98	9.66	5.84	11.96
Cash from Operating Activities Margin	52.95%	49.53%	56.32%	97.87%	59.78%	121.9%
Free Cash Flow	12.82	3.95	4.98	9.66	5.84	11.96
Free Cash Flow Margin	125.2%	49.53%	56.32%	97.87%	59.78%	121.9%
Depreciation and Amortization	0	0	0	0	0	0
Depreciation and Amortization Margin	0%	0%	0%	0%	0%	0%
Capital Expenditure	0	-0	0	0	0	0
Capital Expenditure Margin	0%	0%	0%	0%	0%	0%

Quarterly Chart

Monetary values in USD

{"sectionId": "section-chart-2", "sectionType": "chart", "title": "Quarterly Chart", "timeseries": "quarterly", "series": [{"label": "Gross Margin", "mappingKey": "user:%grossMargin", "data": [{"l": "2023 (Q2)", "x": "2023-01-31", "y": 70.86}, {"l": "2023 (Q4)", "x": "2023-07-31", "y": 72.16}, {"l": "2024 (Q2)", "x": "2024-01-31", "y": 72.86}, {"l": "2024 (Q4)", "x": "2024-07-31", "y": 85}, {"l": "2025 (Q2)", "x": "2025-01-31", "y": 82.65}, {"l": "2025 (Q4)", "x": "2025-07-31", "y": 100}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Operating Margin", "mappingKey": "user:%operatingMargin", "data": [{"l": "2023 (Q2)", "x": "2023-01-31", "y": 84.42}, {"l": "2023 (Q4)", "x": "2023-07-31", "y": 85.09}, {"l": "2024 (Q2)", "x": "2024-01-31", "y": 85.43}, {"l": "2024 (Q4)", "x": "2024-07-31", "y": 78.37}, {"l": "2025 (Q2)", "x": "2025-01-31", "y": 8.79}, {"l": "2025 (Q4)", "x": "2025-07-31", "y": 76.31}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Net Margin", "mappingKey": "user:%netMargin", "data": [{"l": "2023 (Q2)", "x": "2023-01-31", "y": -7.14}, {"l": "2023 (Q4)", "x": "2023-07-31", "y": -7.77}, {"l": "2024 (Q2)", "x": "2024-01-31", "y": 78.26}, {"l": "2024 (Q4)", "x": "2024-07-31", "y": 34.22}, {"l": "2025 (Q2)", "x": "2025-01-31", "y": -37.69}, {"l": "2025 (Q4)", "x": "2025-07-31", "y": -200.1}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}, {"label": "Free Cash Flow Margin", "mappingKey": "user:%freeCashFlowMargin", "data": [{"l": "2023 (Q2)", "x": "2023-01-31", "y": 121.9}, {"l": "2023 (Q4)", "x": "2023-07-31", "y": 59.78}, {"l": "2024 (Q2)", "x": "2024-01-31", "y": 97.87}, {"l": "2024 (Q4)", "x": "2024-07-31", "y": 56.32}, {"l": "2025 (Q2)", "x": "2025-01-31", "y": 49.53}, {"l": "2025 (Q4)", "x": "2025-07-31", "y": 125.2}], "dataType": "%", "displayAs": "bar", "dataTimeseries": "quarterly", "hidden": false}], "editableDates": {}, "properties": {"display_table": false}, "width": "full"}