BlackRock Utilities, Infrastructure & Power Opportunities Trust (BUI)
Established on November 22, 2011, the BlackRock Utilities, Infrastructure & Power Opportunities Trust is a U.S.-domiciled closed-ended equity fund, formerly known as BlackRock Utility and Infrastructure Trust. Managed by BlackRock Advisors, LLC, a subsidiary of BlackRock, Inc., the fund actively seeks investment opportunities in publicly traded companies across global markets. Its strategy targets businesses within the utilities and infrastructure sectors, encompassing entities of diverse market capitalizations. A key component of its investment approach includes the strategic use of derivatives, with a particular emphasis on writing options.
Industry: Asset Management
BlackRock Utilities, Infrastructure & Power Opportunities Trust
NYSE:BUIFinancial Services · Asset Management
-0.39%$25.66
AH Close$25.66+0.00%vs close
AH Close$25.66+0.00%vs close
Mkt Cap$681.24M
Float26.53M
O/S26.55M
Inst Own19.8%
SI0.3%
Div Yield10.69%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$111.59M
Net Income$103.51M
Total Assets$591.85M
Free Cash Flow-$6.6M
Debt & Equity
Debt 0%
Equity 100%
Total Debt$10K
Total Equity$591.05M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BUI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$591.85M
Liabilities$805K
Accounts Receivable$2.62M
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Revenue | $111.59M | $37.27M | $32.36M | -$43.45M | $119.89M | $15.14M | $80.86M | -$14.3M | $54.31M | $22.48M | $18.96M |
| YoY Growth | 199.4% | 15.2% | -174.5% | -136.2% | 691.9% | -81.3% | -665.6% | -126.3% | 141.6% | 18.6% | - |
| Cost of Revenue | $5.89M | $5.33M | $5.19M | $5.31M | $5.21M | $3.87M | $3.64M | $3.5M | $3.65M | $3.58M | $3.74M |
| Gross Profit | $105.7M | $36.42M | $27.17M | -$48.76M | $114.68M | $11.27M | $77.22M | -$17.8M | $50.66M | $18.89M | $15.22M |
| Gross Margin | 94.7% | 97.7% | 84.0% | 112.2% | 95.7% | 74.4% | 95.5% | 124.5% | 93.3% | 84.1% | 80.3% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $338K | $342K | $328K | $526K | $412K | $370K | $347K | $310K | $0 | $0 |
| Other | $2.21M | $468K | $728K | $751K | -$736K | $58.75M | $563K | $505K | $662K | $4.22M | $40.75M |
| Total Operating Expenses | $2.21M | $806K | $1.07M | $1.08M | -$211K | $59.17M | $932K | $852K | $972K | $4.22M | $40.75M |
| Operating Income (EBIT) | $103.49M | $35.62M | $35.95M | -$44.53M | $120.1M | $58.29M | $79.93M | -$15.15M | $53.34M | $23.12M | -$25.53M |
| Operating Margin | 92.7% | 95.6% | 111.1% | 102.5% | 100.2% | 385.0% | 98.8% | 106.0% | 98.2% | 102.8% | -134.7% |
| Interest Expense | $744 | $957 | $3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $12.57M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $25K | -$45K | $65K | -$126K | -$24K | $19K | $0 | $0 | $0 | -$19K | -$5K |
| Income Before Tax (EBT) | $103.51M | $35.62M | $36.08M | -$44.53M | $69.04M | $58.29M | $79.93M | -$15.15M | $53.34M | $23.1M | -$25.53M |
| Income Tax Expense | $0 | $0 | $0 | $0 | -$261K | $0 | $0 | $0 | $20K | $0 | $0 |
| Net Income | $103.51M | $35.62M | $36.08M | -$44.53M | $120.1M | $58.29M | $79.93M | -$15.15M | $53.34M | $23.1M | -$25.53M |
| Net Income Margin | 92.8% | 95.6% | 111.5% | 102.5% | 100.2% | 385.0% | 98.8% | 106.0% | 98.2% | 102.8% | -134.7% |
| Supplementary Data | |||||||||||
| EPS | 4.58 | 1.59 | 1.61 | -2.00 | 3.19 | 3.23 | 4.59 | -0.90 | 3.15 | 1.37 | -1.51 |
| Diluted EPS | 4.58 | 1.59 | 1.61 | -2.00 | 3.19 | 3.23 | 4.59 | -0.90 | 3.15 | 1.37 | -1.51 |
| Weighted Average OS | 22.60M | 22.40M | 22.41M | 22.28M | 21.65M | 18.05M | 17.41M | 16.83M | 16.93M | 16.91M | 16.91M |
| EBITDA | $103.51M | $35.66M | $36.09M | -$44.53M | $69.3M | $58.29M | $79.93M | -$15.15M | $53.34M | $23.12M | -$25.53M |
| EBITDA Margin | 92.8% | 95.7% | 111.5% | 102.5% | 57.8% | 385.0% | 98.8% | 106.0% | 98.2% | 102.8% | -134.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $106K | $225K | $430K | $3K | $589K | $296K | $62K | $0 | $0 | $26K | $24K |
| Short-Term Investments | $17.39M | $13.06M | $6.62M | $0 | $0 | $0 | $0 | $9.8M | $6.38M | $4.61M | $8.39M |
| Cash and Short-Term Investments | $17.5M | $13.29M | $7.05M | $3K | $589K | $296K | $62K | $9.8M | $6.38M | $4.63M | $8.42M |
| Accounts Receivable | $2.62M | $1.29M | $812K | $1.05M | $1.51M | $1.69M | $1.06M | $885K | $880K | $857K | $754K |
| Inventory | $0 | $0 | $0 | $12.51M | $9.55M | $11.1M | $14.6M | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | -$1.29M | -$7.86M | -$12.51M | -$9.55M | -$11.1M | -$14.6M | -$10.68M | -$7.26M | -$5.49M | -$9.17M |
| Total Current Assets | $20.12M | $13.29M | $430K | $1.05M | $2.1M | $1.98M | $1.12M | $885K | $880K | $0 | $0 |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $571.63M | $512.21M | $508.13M | $501.16M | $563.94M | $448.62M | $385.8M | $319.82M | $358.49M | $0 | $324.03M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $99K | $513.61M | -$508.13M | $502.5M | $565.53M | $0 | $0 | -$319.82M | -$358.49M | $8K | $9K |
| Total Long-Term Assets | $571.73M | $512.21M | $515.66M | $501.16M | $563.94M | $448.62M | $385.8M | $319.82M | $358.49M | $0 | $0 |
| Other Assets | $0 | -$11.66M | $516.09M | $297K | $89K | $839K | $888K | $0 | $19K | $333.25M | $333.2M |
| Total Assets | $591.85M | $513.83M | $516.09M | $502.51M | $566.12M | $451.45M | $387.81M | $320.7M | $359.39M | $333.25M | $333.2M |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $0 | $0 | $0 | $150K | $0 | $708K | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $10K | $19K | $0 | $0 | $0 | $0 | $0 | $127K | $104 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$744K | -$584K | -$513K | -$556K | -$593K | -$363K | -$638K | -$277K | -$306K | $0 | $0 |
| Total Current Liabilities | $10K | $0 | $0 | $150K | $0 | $708K | $0 | $127K | $104 | $0 | $0 |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $795K | $0 | $0 | $3.96M | $0 | $0 | $0 | $0 | $0 | $4.95M | $3.46M |
| Total Long-Term Liabilities | $795K | $2.41M | $9.63M | $3.96M | $6.32M | $6.92M | $4.47M | $127K | $104 | $4.95M | $3.46M |
| Other Liabilities | $0 | $2.98M | $0 | $3.81M | $0 | -$708K | $0 | $1.52M | $1.61M | $0 | $0 |
| Total Liabilities | $805K | $2.98M | $9.63M | $4.11M | $6.32M | $6.92M | $4.47M | $1.77M | $1.61M | $4.95M | $3.46M |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $409.5M | $370.87M | $376.94M | $383.51M | $381.41M | $314.87M | $289.15M | $282.46M | $281.63M | $280.92M | $288.2M |
| Retained Earnings | $181.55M | $139.99M | $129.52M | $114.89M | $178.39M | $129.66M | $94.19M | $36.47M | $3.1M | $2.44M | $1.93M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $36.47M | $73.05M | $44.93M | $39.62M |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $73.05M | $44.93M | $39.62M |
| Total Equity | $591.05M | $510.85M | $506.46M | $498.39M | $559.8M | $444.53M | $383.34M | $318.93M | $357.78M | $328.3M | $329.75M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $591.85M | $513.83M | $516.09M | $502.51M | $566.12M | $451.45M | $387.81M | $320.7M | $359.39M | $333.25M | $333.2M |
| Supplementary Data | |||||||||||
| Total Debt | $10K | $19K | $0 | $0 | $0 | $0 | $0 | $127K | $104 | $0 | $0 |
| Net Debt | -$96K | -$206K | -$430K | -$3K | -$589K | -$296K | -$62K | $127K | $0 | -$26K | -$24K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Operating Activities | |||||||||||
| Net Income | $103.51M | $35.62M | $36.08M | -$44.53M | $69.04M | $58.29M | $79.93M | -$15.15M | $53.34M | $23.1M | -$25.53M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | -$371K | $89K | $241K | -$117K | $20K | -$246K | $181K | -$5K | -$29K | -$118K | $121K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $53K | $23K | -$20K | -$23K | $106K | -$245K | $326K | -$29K | $21K | $3K | -$44K |
| Other Working Capital | $95K | -$1.26M | $965K | $175K | $69K | $126K | -$128K | -$11K | -$532K | $525K | $23K |
| Total Working Capital Change | -$223K | -$1.15M | $1.19M | $35K | $195K | -$365K | $379K | -$46K | -$541K | $411K | $100K |
| Other Non-Cash Items | -$109.89M | -$2.87M | -$20.55M | $60.21M | -$116.03M | -$68.74M | -$63.51M | $38.76M | -$28.82M | -$12.42M | $36.22M |
| Net Cash from Operating | -$6.6M | $31.59M | $16.72M | $15.72M | -$46.8M | -$10.81M | $16.79M | $23.57M | $23.98M | $10.97M | $10.86M |
| Investing Activities | |||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$415.68M | -$183.07M | -$156.8M | -$189.03M | -$142.67M | -$142.79M | -$135.73M | -$94M | -$108.62M | -$27.75M | -$71.47M |
| Sales of Investments | $450.7M | $228.64M | $163.83M | $198.5M | $97.07M | $147M | $158.54M | $112.52M | $134.21M | $37.55M | $82.82M |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $35.02M | $45.57M | $7.02M | $9.47M | -$45.61M | $4.2M | $22.81M | $18.52M | $25.59M | $9.8M | $11.35M |
| Financing Activities | |||||||||||
| Debt Repaid | - | - | - | - | - | - | $127K | -$127K | -$104 | - | - |
| Common Stock Issuance | $34.36M | $689K | $3.78M | $15.04M | $74.24M | $27.18M | $7.3M | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$58.64M | -$32.49M | -$31.94M | -$31.2M | -$27.83M | -$24.66M | -$23.18M | -$23.69M | -$24M | -$24.56M | -$24.57M |
| Other Financing Activities | $71K | -$2K | $0 | -$27K | $22K | -$30K | $36K | $0 | $0 | $0 | -$9K |
| Net Cash from Financing | -$24.22M | -$31.8M | -$28.17M | -$16.19M | $46.43M | $2.49M | -$15.97M | -$23.57M | -$24M | -$24.56M | -$24.58M |
| Forex Effect | -$4.33M | -$292 | $4.65M | -$9.47M | $45.61M | $4.33M | $20 | -$3 | -$22 | $0 | $0 |
| Net Change in Cash | -$119K | -$205K | $234K | -$466K | -$366K | $207K | $822K | -$3 | -$26K | $2K | -$2.36M |
| Supplementary Data | |||||||||||
| Operating Cash Flow | -$6.6M | $31.59M | $28.4M | $15.72M | -$46.8M | -$2.28M | $16.79M | $23.57M | $23.98M | $10.97M | $10.86M |
| Capital Expenditure | $3 | $0 | -$4 | -$3 | $3 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$6.6M | $31.59M | $28.4M | $15.72M | -$46.8M | -$2.28M | $16.79M | $23.57M | $23.98M | $10.97M | $10.86M |
| Cash at Beginning | $225K | $430K | $196K | $663K | $1.03M | $822K | $57 | $60 | $26K | $24K | $2.39M |
| Cash at End | $106K | $225K | $430K | $196K | $663K | $1.03M | $822K | $57 | $60 | $26K | $24K |