BlackRock, Inc.
BLKNYSE
$1,130.00
Last price · USD
- Market cap
- $181.8B
- P/E
- 32.0x
- EV / EBITDA
- 22.9x
- P/S
- 7.5x
- FCF yield
- 2.0%
- Div. yield
- 1.84%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
BlackRock, Inc. key metrics & ratios
Annual · USD millions except per-share data · 35 lines
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | CAGR | |
|---|---|---|---|---|---|---|---|
| Growth (year over year) | |||||||
| Revenue growth | 18.7% | 14.3% | -0.1% | -7.7% | — | — | |
| Operating income growth | -7.0% | 20.7% | -1.7% | -14.3% | — | — | |
| Net income growth | -12.8% | 15.8% | 6.3% | -12.3% | — | — | |
| EPS (diluted) growth | -15.9% | 15.1% | 7.5% | -11.1% | — | — | |
| Free cash flow growth | -24.4% | 23.0% | -13.6% | -3.9% | — | — | |
| Margins | |||||||
| Gross margin | 46.7% | 49.4% | 48.1% | 48.6% | 50.7% | — | |
| Operating margin | 29.1% | 37.1% | 35.1% | 35.7% | 38.5% | — | |
| EBITDA margin | 33.5% | 40.2% | 37.9% | 38.6% | 40.8% | — | |
| Net margin | 22.9% | 31.2% | 30.8% | 29.0% | 30.5% | — | |
| FCF margin | 14.7% | 23.0% | 21.4% | 24.7% | 23.8% | — | |
| Returns on capital | |||||||
| Return on equity | 9.9% | 13.4% | 14.0% | 13.7% | 15.7% | — | |
| Return on assets | 3.3% | 4.6% | 4.5% | 4.4% | 3.9% | — | |
| Return on invested capital | 9.2% | 12.1% | 12.3% | 13.1% | 15.0% | — | |
| Leverage & liquidity | |||||||
| Debt / equity | 0.27x | 0.30x | 0.25x | 0.22x | 0.25x | — | |
| Net debt / EBITDA | 0.44x | 0.18x | 0.14x | 0.16x | -0.00x | — | |
| Current ratio | 15.76x | 16.40x | 15.63x | 14.08x | 14.45x | — | |
| Interest coverage | 9.98x | 14.08x | 21.49x | 30.12x | 36.34x | — | |
| Profitability & operating | |||||||
| 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% | |
| Operating income | 7,043 | 7,574 | 6,275 | 6,385 | 7,450 | -1.4% | |
| Income before tax | 7,619 | 8,295 | 7,155 | 6,290 | 8,173 | -1.7% | |
| Net income | 5,553 | 6,369 | 5,502 | 5,178 | 5,901 | -1.5% | |
| Earnings per share | |||||||
| EPS (basic) | $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% | |
| Share count (millions) | |||||||
| Weighted avg shares outstanding | 155 | 150 | 149 | 151 | 152 | +0.5% | |
| Weighted avg shares outstanding (diluted) | 161 | 152 | 151 | 152 | 154 | +1.0% | |
| Balance sheet highlights | |||||||
| Net debt | 3,528 | 1,460 | 966 | 1,073 | (5) | — | |
| Total debt | 14,996 | 14,222 | 9,702 | 8,489 | 9,318 | +12.6% | |
| Total investments | 13,184 | 9,531 | 9,443 | 7,021 | 7,262 | +16.1% | |
| Total stockholders' equity | 55,888 | 47,495 | 39,347 | 37,744 | 37,693 | +10.3% | |
| Total assets | 169,998 | 138,615 | 123,211 | 117,628 | 152,648 | +2.7% | |
| Cash flow highlights | |||||||
| Free cash flow | 3,552 | 4,701 | 3,821 | 4,423 | 4,603 | -6.3% | |
| Operating cash flow | 3,927 | 4,956 | 4,165 | 4,956 | 4,944 | -5.6% | |
| Capital expenditure | (375) | (255) | (344) | (533) | (341) | — | |
| Net cash from operating activities | 3,927 | 4,956 | 4,165 | 4,956 | 4,944 | -5.6% | |