(BLK) BlackRock - Overview
Sector: Financial Services | Industry: Asset Management | Exchange: NYSE (USA) | Market Cap: 160.869m USD | Total Return: 13.7% in 12m
Avg Turnover: 543M
EPS Trend: 99.4%
Qual. Beats: 2
Rev. Trend: 98.1%
Qual. Beats: 3
Warnings
Choppy
Tailwinds
Garp
BlackRock, Inc. is a global investment management firm serving institutional and individual clients through a diverse range of products, including separate accounts, mutual funds, and the iShares exchange-traded fund (ETF) platform. The company utilizes fundamental and quantitative analysis to manage assets across equity, fixed income, real estate, and alternative markets. Beyond traditional asset management, the firm provides specialized risk management and advisory services via its proprietary technology platforms.
The business model relies heavily on a scalable fee-based structure, where revenue is primarily generated as a percentage of assets under management (AUM). In the asset management sector, BlackRock maintains a competitive advantage through its massive scale and the integration of Aladdin, an end-to-end investment operating system used by other financial institutions for risk analytics. For a more granular look at these financial drivers, consider reviewing the detailed metrics available on ValueRay.
BlackRock operates globally with a focus on both growth and value strategies across all market capitalizations. The firm’s investment reach extends to sovereign wealth funds and government agencies, benchmarking performance against major indices such as the S&P 500 and MSCI. Founded in 1988 and headquartered in New York, the company remains a dominant provider of liquidity and multi-asset solutions in the financial services industry.
- Asset under management growth driven by global equity and fixed income market performance
- iShares ETF inflows capture structural shift toward low-cost passive investment vehicles
- Aladdin technology platform revenue provides high-margin recurring software as a service income
- Institutional shift toward private markets and alternative assets expands management fee margins
- Global interest rate volatility influences fixed income demand and total performance fees
| Net Income: 6.25b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -0.70 > 1.0 |
| NWC/Revenue: 49.96% < 20% (prev 87.75%; Δ -37.79% < -1%) |
| CFO/TA 0.02 > 3% & CFO 3.97b > Net Income 6.25b |
| Net Debt (7.34b) to EBITDA (8.99b): 0.82 < 3 |
| Current Ratio: 6.80 > 1.5 & < 3 |
| Outstanding Shares: last quarter (165.0m) vs 12m ago 5.36% < -2% |
| Gross Margin: 59.14% > 18% (prev 0.49%; Δ 5.87k% > 0.5%) |
| Asset Turnover: 16.47% > 50% (prev 14.76%; Δ 1.71% > 0%) |
| Interest Coverage Ratio: 12.47 > 6 (EBITDA TTM 8.99b / Interest Expense TTM 616.0m) |
| A: 0.08 (Total Current Assets 15.1b - Total Current Liabilities 2.22b) / Total Assets 170b |
| B: 0.23 (Retained Earnings 39.2b / Total Assets 170b) |
| C: 0.05 (EBIT TTM 7.68b / Avg Total Assets 156b) |
| D: 0.36 (Book Value of Equity 38.5b / Total Liabilities 107b) |
| Altman-Z'' = 1.95 = BBB |
| DSRI: 0.97 (Receivables 5.22b/4.40b, Revenue 25.7b/21.0b) |
| GMI: 0.84 (GM 59.14% / 49.40%) |
| AQI: 1.06 (AQ_t 0.89 / AQ_t-1 0.84) |
| SGI: 1.23 (Revenue 25.7b / 21.0b) |
| TATA: 0.01 (NI 6.25b - CFO 3.97b) / TA 170b) |
| Beneish M = -2.99 (Cap -4..+1) = A |
As of May 24, 2026, the stock is trading at USD 1073.00 with a total of 332,211 shares traded.
Over the past week, the price has changed by -0.82%,
over one month by +1.85%,
over three months by +0.74% and
over the past year by +13.70%.
BlackRock has received a consensus analysts rating of 4.47. Therefore, it is recommended to buy BLK.
- StrongBuy: 9
- Buy: 7
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 1254.1 | 16.9% |
P/E Forward = 20.3252
P/S = 6.2746
P/B = 2.9627
P/EG = 1.3731
Revenue TTM = 25.7b USD
EBIT TTM = 7.68b USD
EBITDA TTM = 8.99b USD
Long Term Debt = 12.7b USD (from longTermDebt, last quarter)
Short Term Debt = 2.22b USD (from shortTermDebt, last quarter)
Debt = 17.2b USD (from shortLongTermDebtTotal, last quarter) + Leases 2.22b
Net Debt = 7.34b USD (calculated: Debt 17.2b - CCE 9.84b)
Enterprise Value = 168b USD (161b + Debt 17.2b - CCE 9.84b)
Interest Coverage Ratio = 12.47 (Ebit TTM 7.68b / Interest Expense TTM 616.0m)
EV/FCF = 47.20x (Enterprise Value 168b / FCF TTM 3.56b)
FCF Yield = 2.12% (FCF TTM 3.56b / Enterprise Value 168b)
FCF Margin = 13.86% (FCF TTM 3.56b / Revenue TTM 25.7b)
Net Margin = 24.33% (Net Income TTM 6.25b / Revenue TTM 25.7b)
Gross Margin = 59.14% ((Revenue TTM 25.7b - Cost of Revenue TTM 10.5b) / Revenue TTM)
Gross Margin QoQ = 81.43% (prev 45.63%)
Tobins Q-Ratio = 0.99 (Enterprise Value 168b / Total Assets 170b)
Interest Expense / Debt = 3.59% (Interest Expense 616.0m / Debt 17.2b)
Taxrate = 18.16% (516.0m / 2.84b)
NOPAT = 6.29b (EBIT 7.68b * (1 - 18.16%))
Current Ratio = 6.80 (Total Current Assets 15.1b / Total Current Liabilities 2.22b)
Debt / Equity = 0.30 (Debt 17.2b / totalStockholderEquity, last quarter 56.7b)
Debt / EBITDA = 0.82 (Net Debt 7.34b / EBITDA 8.99b)
Debt / FCF = 2.06 (Net Debt 7.34b / FCF TTM 3.56b)
Total Stockholder Equity = 54.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.01% (Net Income 6.25b / Total Assets 170b)
RoE = 11.52% (Net Income TTM 6.25b / Total Stockholder Equity 54.3b)
RoCE = 11.45% (EBIT 7.68b / Capital Employed (Equity 54.3b + L.T.Debt 12.7b))
RoIC = 3.69% (NOPAT 6.29b / Invested Capital 170b)
WACC = 8.84% (E(161b)/V(178b) * Re(9.47%) + D(17.2b)/V(178b) * Rd(3.59%) * (1-Tc(0.18)))
Discount Rate = 9.47% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 49.44 | Cagr: 4.27%
[DCF] Terminal Value 72.16% ; FCFF base≈3.73b ; Y1≈3.42b ; Y5≈3.03b
[DCF] Fair Price = 239.2 (EV 44.5b - Net Debt 7.34b = Equity 37.1b / Shares 155.2m; r=8.84% [WACC]; 5y FCF grow -10.16% → 2.50% )
EPS Correlation: 99.38 | EPS CAGR: 12.99% | SUE: 2.52 | # QB: 2
Revenue Correlation: 98.13 | Revenue CAGR: 15.26% | SUE: 2.84 | # QB: 3
EPS current Quarter (2026-06-30): EPS=12.55 | Chg30d=-3.54% | Revisions=-47% | Analysts=13
EPS next Quarter (2026-09-30): EPS=13.49 | Chg30d=-2.83% | Revisions=-73% | Analysts=12
EPS current Year (2026-12-31): EPS=53.10 | Chg30d=-2.08% | Revisions=-47% | GrowthEPS=+10.4% | GrowthRev=+15.3%
EPS next Year (2027-12-31): EPS=60.66 | Chg30d=-1.91% | Revisions=-58% | GrowthEPS=+14.2% | GrowthRev=+10.5%
[Analyst] Revisions Ratio: -73%