BNY Mellon Strategic Municipals, Inc. (LEO) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Asset Management
EV/EBITDA
↓
N/A
—
5yr avg: 21.32
30Y Low7.6·High94.5
P/FCF
↑
31.41
↑+80% vs avg
5yr avg: 17.47
30Y Low5.2·High46.8
P/B Ratio
↑
0.94
+9% vs avg
5yr avg: 0.86
30Y Low0.5·High1.1
ROE
↓
-3.0%
↑-560% vs avg
5yr avg: 0.7%
30Y Low-20%·High17%
Debt/EBITDA
↓
N/A
—
5yr avg: 6.16
30Y Low0.0·High12.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
LEO Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
BNY Mellon Strategic Municipals, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 31.4x P/FCF, 80% above the 5-year average of 17.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $397M | $389M | $406M | $332M | $379M | $542M | $515M | $534M | $471M | $528M | $511M |
| Enterprise Value | $536M | $528M | $402M | $467M | $549M | $737M | $737M | $779M | $700M | $676M | $647M |
| P/E Ratio → | -30.38 | — | 5.52 | 184.43 | — | 11.45 | 75.27 | 10.46 | 90.04 | 293.00 | 0.00 |
| P/S Ratio | — | — | 5.52 | 21.05 | 18.24 | 11.46 | 22.12 | 10.03 | 87.59 | 141.26 | 11.50 |
| P/B Ratio | 0.94 | 0.92 | 0.90 | 0.85 | 0.78 | 0.87 | 0.86 | 0.86 | 0.79 | 0.78 | 0.72 |
| P/FCF | 31.41 | 30.77 | 31.64 | 6.24 | 8.38 | 10.32 | 16.82 | 16.95 | 5.21 | 17.61 | 13.19 |
| P/OCF | 31.41 | 30.77 | 31.64 | 6.24 | 8.38 | 10.32 | 16.82 | 16.95 | 5.21 | 17.61 | 13.19 |
P/E links to full P/E history page with 30-year chart
LEO EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | — | 5.47 | 29.62 | 26.46 | 15.58 | 31.66 | 14.64 | 130.27 | 180.84 | 14.57 |
| EV / EBITDA | — | — | 8.28 | 21.83 | — | 33.85 | — | 38.48 | — | — | — |
| EV / EBIT | — | — | 5.47 | 40.89 | — | 15.12 | 62.67 | 14.63 | 76.16 | 67.13 | 17.08 |
| EV / FCF | — | 41.75 | 31.37 | 8.79 | 12.16 | 14.03 | 24.07 | 24.75 | 7.75 | 22.55 | 16.70 |
LEO Profitability
Margins and return-on-capital ratios measuring operating efficiency
BNY Mellon Strategic Municipals, Inc. earns an operating margin of 252.7%, significantly above the Financial Services sector average of 20.2%. Operating margins have expanded from 72.6% to 252.7% over the past 3 years, signaling improving operational efficiency. A negative ROE of -3.0% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 254.2% | 254.2% | 100.0% | 32.7% | 80.1% | 90.6% | 81.6% | 92.0% | 26.2% | 44.1% | 88.9% |
| Operating Margin | 252.7% | 252.7% | 100.1% | 72.6% | -524.7% | 103.1% | 50.5% | 100.1% | 581.5% | 853.5% | 76.0% |
| Net Profit Margin | 252.7% | 252.7% | 100.1% | 32.5% | -535.8% | 100.0% | 34.1% | 100.1% | 97.3% | 96.5% | 88.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -3.0% | -3.0% | 17.4% | 1.2% | -20.1% | 7.7% | 1.3% | 8.8% | 0.8% | 0.5% | 5.6% |
| ROA | -2.0% | -2.0% | 11.3% | 0.8% | -15.0% | 5.8% | 0.9% | 6.3% | 0.6% | 0.4% | 4.6% |
| ROIC | -1.7% | -1.7% | 9.8% | 1.4% | -11.1% | 4.5% | 1.0% | 4.7% | 2.8% | 2.9% | 3.0% |
| ROCE | -2.2% | -2.2% | 12.9% | 1.8% | -14.7% | 5.9% | 1.4% | 6.3% | 3.8% | 4.2% | 4.9% |
LEO Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $139M ($139M total debt minus $106568 cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.33 | 0.33 | 0.31 | 0.36 | 0.36 | 0.32 | 0.37 | 0.40 | 0.39 | 0.22 | 0.20 |
| Debt / EBITDA | — | — | 2.88 | 6.61 | — | 9.00 | — | 12.16 | — | — | — |
| Net Debt / Equity | — | 0.33 | -0.01 | 0.34 | 0.35 | 0.31 | 0.37 | 0.40 | 0.39 | 0.22 | 0.19 |
| Net Debt / EBITDA | — | — | -0.07 | 6.32 | — | 8.96 | — | 12.13 | — | — | — |
| Debt / FCF | — | 10.98 | -0.27 | 2.54 | 3.78 | 3.71 | 7.25 | 7.80 | 2.54 | 4.93 | 3.52 |
| Interest Coverage | -1.64 | -1.64 | 8.61 | 1.81 | -47.11 | 34.03 | 3.09 | 11.18 | 2.32 | 4.82 | 31.40 |
LEO Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.88x means BNY Mellon Strategic Municipals, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.50x to 1.88x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.88 | 1.88 | 0.08 | 1.50 | 4.76 | 5.39 | 18.09 | 5.94 | 0.02 | 9.57 | 0.11 |
| Quick Ratio | 1.88 | 1.88 | 0.08 | 1.50 | 4.76 | 5.39 | 18.09 | 5.94 | 0.02 | 9.57 | 0.11 |
| Cash Ratio | 0.02 | 0.02 | 0.02 | 0.55 | 1.43 | 0.40 | 0.83 | 0.28 | 0.02 | 0.48 | 0.02 |
| Asset Turnover | — | -0.01 | 0.11 | 0.03 | 0.03 | 0.06 | 0.03 | 0.06 | 0.01 | 0.00 | 0.05 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
LEO Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
BNY Mellon Strategic Municipals, Inc. returns 3.8% to shareholders annually primarily through dividends.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.8% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | 19.3% | 347.9% | — | 54.0% | 327.0% | 49.0% | 524.0% | 853.2% | 78.9% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 18.1% | 0.5% | — | 8.7% | 1.3% | 9.6% | 1.1% | 0.3% | 10695176.5% |
| FCF Yield | 3.2% | 3.3% | 3.2% | 16.0% | 11.9% | 9.7% | 5.9% | 5.9% | 19.2% | 5.7% | 7.6% |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 3.8% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $62M | $62M | $62M | $62M | $62M | $62M | $62M | $63M | $60M | $55M |
Peer Comparison
Compare LEO with 5 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 LEOYou | $397M | -30.4 | — | 31.4 | 254.2% | 252.7% | -3.0% | -1.7% | — |
 BK | $100B | 19.2 | 0.3 | 19.3 | 48.9% | 17.5% | 12.8% | 6.4% | 3.8 |
 MS | $341B | 21.0 | 26.5 | 7.4 | 57.1% | 19.1% | 15.5% | 3.1% | 17.9 |
 GS | $338B | 20.7 | 32.6 | — | 47.5% | 17.5% | 13.9% | 2.2% | 25.4 |
 ICE | $80B | 24.4 | 15.3 | 18.6 | 61.9% | 38.7% | 11.7% | 7.5% | 3.1 |
 MSCI | $44B | 38.5 | 25.6 | 28.2 | 82.4% | 54.7% | — | 34.9% | 3.3 |
| Financial Services Median | — | 13.9 | 11.5 | 11.2 | 64.1% | 20.2% | 9.0% | 5.4% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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Run the NumbersIs LEO Undervalued Right Now?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationLEO vs BK — which is the better buy?
Side-by-side revenue, margins, P/E and 10-year returns vs The Bank of New York Mellon Corporation.
Compare NowLEO — Frequently Asked Questions
Quick answers to the most common questions about buying LEO stock.
What is BNY Mellon Strategic Municipals, Inc.'s P/E ratio?
BNY Mellon Strategic Municipals, Inc.'s current P/E ratio is -30.4x. The historical average is 25.5x.
What is BNY Mellon Strategic Municipals, Inc.'s ROE?
BNY Mellon Strategic Municipals, Inc.'s return on equity (ROE) is -3.0%. The historical average is 3.9%.
Is LEO stock overvalued?
Based on historical data, BNY Mellon Strategic Municipals, Inc. is trading at a P/E of -30.4x. Compare with industry peers and growth rates for a complete picture.
What is BNY Mellon Strategic Municipals, Inc.'s dividend yield?
BNY Mellon Strategic Municipals, Inc.'s current dividend yield is 3.76%.
What are BNY Mellon Strategic Municipals, Inc.'s profit margins?
BNY Mellon Strategic Municipals, Inc. has 254.2% gross margin and 252.7% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.