BlackRock, Inc.

BLKNYSE

$1,130.00

Last price · USD

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

BlackRock, Inc. income statement

Annual · USD millions except per-share data · 28 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Revenue & gross profit
Revenue	24,216	20,407	17,859	17,873	19,374	+5.7%
Cost of revenue	12,906	10,321	9,277	9,189	9,556	+7.8%
Gross profit	11,310	10,086	8,582	8,684	9,818	+3.6%
Operating expenses & income
Research & development	0	674	607	0	0	—
General & administrative	2,253	1,943	1,789	1,799	1,959	+3.6%
Selling & marketing	373	314	309	255	228	+13.1%
SG&A (combined)	2,626	2,257	2,098	2,054	2,187	+4.7%
Total operating expenses	4,267	2,512	2,307	2,299	2,368	+15.9%
Cost and expenses	17,173	12,833	11,584	11,488	11,886	+9.6%
Operating income	7,043	7,574	6,275	6,385	7,450	-1.4%
Non-operating & other
Interest income	685	767	473	152	87	+67.5%
Interest expense	706	538	292	212	205	+36.2%
Net interest income	(21)	229	181	(60)	(118)	—
Non-operating income (excl. interest)	60	(104)	(71)	(94)	(34)	—
Other expenses	1,641	(419)	(398)	245	181	+73.5%
Total other income (expenses), net	576	721	880	(95)	723	-5.5%
Profitability
Depreciation & amortization	1,126	529	427	418	415	+28.3%
Income before tax	7,619	8,295	7,155	6,290	8,173	-1.7%
Income tax expense	1,677	1,783	1,479	1,296	1,968	-3.9%
Net income from continuing operations	5,942	6,512	5,676	4,994	6,205	-1.1%
Net income	5,553	6,369	5,502	5,178	5,901	-1.5%
Bottom line net income	5,553	6,369	5,502	5,178	5,901	-1.5%
Additional fields
Ebit	6,983	7,678	6,346	6,479	7,484	-1.7%
Ebitda	8,109	8,207	6,773	6,897	7,899	+0.7%
Eps	$35.83	$42.45	$36.85	$34.31	$38.76	-1.9%
Eps Diluted	$35.31	$42.01	$36.51	$33.97	$38.22	-2.0%
Weighted Average Shs Out	155	150	149	151	152	+0.5%
Weighted Average Shs Out Dil	161	152	151	152	154	+1.0%