BLACKROCK INC (BLK) Fundamental Analysis & Valuation

NYSE:BLK • US09290D1019

Current stock price

961.71 USD
+27.65 (+2.96%)
At close:
966.88 USD
+5.17 (+0.54%)
After Hours:

This BLK fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. BLK Profitability Analysis

1.1 Basic Checks

  • BLK had positive earnings in the past year.
  • BLK had a positive operating cash flow in the past year.
  • In the past 5 years BLK has always been profitable.
  • In the past 5 years BLK always reported a positive cash flow from operatings.
BLK Yearly Net Income VS EBIT VS OCF VS FCFBLK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

1.2 Ratios

  • BLK's Return On Assets of 3.27% is in line compared to the rest of the industry. BLK outperforms 57.92% of its industry peers.
  • BLK has a better Return On Equity (9.94%) than 62.08% of its industry peers.
  • With a Return On Invested Capital value of 3.48%, BLK perfoms like the industry average, outperforming 47.92% of the companies in the same industry.
  • BLK had an Average Return On Invested Capital over the past 3 years of 4.08%. This is below the industry average of 7.25%.
Industry RankSector Rank
ROA 3.27%
ROE 9.94%
ROIC 3.48%
ROA(3y)4.11%
ROA(5y)4.12%
ROE(3y)12.44%
ROE(5y)13.34%
ROIC(3y)4.08%
ROIC(5y)4.18%
BLK Yearly ROA, ROE, ROICBLK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • Looking at the Profit Margin, with a value of 22.93%, BLK is in the better half of the industry, outperforming 60.42% of the companies in the same industry.
  • BLK's Profit Margin has declined in the last couple of years.
  • BLK's Operating Margin of 29.76% is in line compared to the rest of the industry. BLK outperforms 58.75% of its industry peers.
  • BLK's Operating Margin has declined in the last couple of years.
  • BLK has a better Gross Margin (81.58%) than 86.25% of its industry peers.
  • In the last couple of years the Gross Margin of BLK has remained more or less at the same level.
Industry RankSector Rank
OM 29.76%
PM (TTM) 22.93%
GM 81.58%
OM growth 3Y-6.38%
OM growth 5Y-5.65%
PM growth 3Y-7.5%
PM growth 5Y-5.5%
GM growth 3Y0.26%
GM growth 5Y-0.13%
BLK Yearly Profit, Operating, Gross MarginsBLK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. BLK Health Analysis

2.1 Basic Checks

  • Compared to 1 year ago, BLK has about the same amount of shares outstanding.
  • Compared to 5 years ago, BLK has more shares outstanding
  • BLK has a better debt/assets ratio than last year.
BLK Yearly Shares OutstandingBLK Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
BLK Yearly Total Debt VS Total AssetsBLK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B 200B

2.2 Solvency

  • BLK has an Altman-Z score of 1.42. This is a bad value and indicates that BLK is not financially healthy and even has some risk of bankruptcy.
  • BLK has a Altman-Z score of 1.42. This is in the better half of the industry: BLK outperforms 63.75% of its industry peers.
  • BLK has a debt to FCF ratio of 3.59. This is a good value and a sign of high solvency as BLK would need 3.59 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 3.59, BLK is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
  • A Debt/Equity ratio of 0.23 indicates that BLK is not too dependend on debt financing.
  • BLK has a better Debt to Equity ratio (0.23) than 74.58% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.23
Debt/FCF 3.59
Altman-Z 1.42
ROIC/WACCN/A
WACCN/A
BLK Yearly LT Debt VS Equity VS FCFBLK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B 50B

2.3 Liquidity

  • A Current Ratio of 2.13 indicates that BLK has no problem at all paying its short term obligations.
  • The Current ratio of BLK (2.13) is better than 74.58% of its industry peers.
  • A Quick Ratio of 2.13 indicates that BLK has no problem at all paying its short term obligations.
  • With a decent Quick ratio value of 2.13, BLK is doing good in the industry, outperforming 75.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.13
Quick Ratio 2.13
BLK Yearly Current Assets VS Current LiabilitesBLK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. BLK Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 10.33% over the past year.
  • BLK shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.26% yearly.
  • Looking at the last year, BLK shows a quite strong growth in Revenue. The Revenue has grown by 18.67% in the last year.
  • BLK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.37% yearly.
EPS 1Y (TTM)10.33%
EPS 3Y10.77%
EPS 5Y7.26%
EPS Q2Q%10.31%
Revenue 1Y (TTM)18.67%
Revenue growth 3Y10.65%
Revenue growth 5Y8.37%
Sales Q2Q%23.45%

3.2 Future

  • BLK is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.03% yearly.
  • The Revenue is expected to grow by 10.11% on average over the next years. This is quite good.
EPS Next Y14.35%
EPS Next 2Y13.98%
EPS Next 3Y14.42%
EPS Next 5Y11.03%
Revenue Next Year16.95%
Revenue Next 2Y13.71%
Revenue Next 3Y13.47%
Revenue Next 5Y10.11%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
BLK Yearly Revenue VS EstimatesBLK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B 40B
BLK Yearly EPS VS EstimatesBLK Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 20 40 60 80 100

More info and screens

Find the best growth stocksShow best growing peers

3

4. BLK Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 20.01, BLK is valued on the expensive side.
  • 63.75% of the companies in the same industry are cheaper than BLK, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 25.35. BLK is valued slightly cheaper when compared to this.
  • A Price/Forward Earnings ratio of 17.50 indicates a rather expensive valuation of BLK.
  • BLK's Price/Forward Earnings is on the same level as the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 22.61. BLK is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 20.01
Fwd PE 17.5
BLK Price Earnings VS Forward Price EarningsBLK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, BLK is valued a bit cheaper than the industry average as 73.33% of the companies are valued more expensively.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as BLK.
Industry RankSector Rank
P/FCF 42.11
EV/EBITDA 17.59
BLK Per share dataBLK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 100 200 300

4.3 Compensation for Growth

  • BLK's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • A more expensive valuation may be justified as BLK's earnings are expected to grow with 14.42% in the coming years.
PEG (NY)1.39
PEG (5Y)2.76
EPS Next 2Y13.98%
EPS Next 3Y14.42%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. BLK Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 2.37%, BLK has a reasonable but not impressive dividend return.
  • BLK's Dividend Yield is comparable with the industry average which is at 6.85.
  • Compared to an average S&P500 Dividend Yield of 1.89, BLK pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.37%

5.2 History

  • On average, the dividend of BLK grows each year by 7.95%, which is quite nice.
  • BLK has paid a dividend for at least 10 years, which is a reliable track record.
  • BLK has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.95%
Div Incr Years15
Div Non Decr Years21
BLK Yearly Dividends per shareBLK Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 5 10 15 20

5.3 Sustainability

  • 60.27% of the earnings are spent on dividend by BLK. This is not a sustainable payout ratio.
  • The dividend of BLK is growing, but earnings are growing more, so the dividend growth is sustainable.
DP60.27%
EPS Next 2Y13.98%
EPS Next 3Y14.42%
BLK Yearly Income VS Free CF VS DividendBLK Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B
BLK Dividend Payout.BLK Dividend Payout, showing the Payout Ratio.BLK Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

BLK Fundamentals: All Metrics, Ratios and Statistics

BLACKROCK INC

NYSE:BLK (3/31/2026, 8:21:32 PM)

After market: 966.88 +5.17 (+0.54%)

961.71

+27.65 (+2.96%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)01-15
Earnings (Next)04-10
Inst Owners82.68%
Inst Owner Change4.08%
Ins Owners1.94%
Ins Owner Change-0.07%
Market Cap149.58B
Revenue(TTM)24.22B
Net Income(TTM)5.55B
Analysts80.83
Price Target1335.58 (38.88%)
Short Float %1.01%
Short Ratio1.72
Dividend
Industry RankSector Rank
Dividend Yield 2.37%
Yearly Dividend21.59
Dividend Growth(5Y)7.95%
DP60.27%
Div Incr Years15
Div Non Decr Years21
Ex-Date03-06
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.22%
Min EPS beat(2)1.7%
Max EPS beat(2)6.73%
EPS beat(4)4
Avg EPS beat(4)7.26%
Min EPS beat(4)1.7%
Max EPS beat(4)10.33%
EPS beat(8)8
Avg EPS beat(8)6.45%
EPS beat(12)12
Avg EPS beat(12)8.37%
EPS beat(16)15
Avg EPS beat(16)8.95%
Revenue beat(2)2
Avg Revenue beat(2)2.87%
Min Revenue beat(2)1.94%
Max Revenue beat(2)3.79%
Revenue beat(4)2
Avg Revenue beat(4)0.47%
Min Revenue beat(4)-2.22%
Max Revenue beat(4)3.79%
Revenue beat(8)5
Avg Revenue beat(8)0.51%
Revenue beat(12)5
Avg Revenue beat(12)-0.03%
Revenue beat(16)7
Avg Revenue beat(16)-0.24%
PT rev (1m)-0.57%
PT rev (3m)1.01%
EPS NQ rev (1m)-0.53%
EPS NQ rev (3m)0.09%
EPS NY rev (1m)0.02%
EPS NY rev (3m)0.99%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)1.77%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)0.6%
Valuation
Industry RankSector Rank
PE 20.01
Fwd PE 17.5
P/S 6.18
P/FCF 42.11
P/OCF 38.09
P/B 2.68
P/tB N/A
EV/EBITDA 17.59
EPS(TTM)48.06
EY5%
EPS(NY)54.96
Fwd EY5.71%
FCF(TTM)22.84
FCFY2.37%
OCF(TTM)25.25
OCFY2.63%
SpS155.69
BVpS359.32
TBVpS-47.34
PEG (NY)1.39
PEG (5Y)2.76
Graham Number623.34
Profitability
Industry RankSector Rank
ROA 3.27%
ROE 9.94%
ROCE 4.44%
ROIC 3.48%
ROICexc 3.74%
ROICexgc 40.91%
OM 29.76%
PM (TTM) 22.93%
GM 81.58%
FCFM 14.67%
ROA(3y)4.11%
ROA(5y)4.12%
ROE(3y)12.44%
ROE(5y)13.34%
ROIC(3y)4.08%
ROIC(5y)4.18%
ROICexc(3y)4.45%
ROICexc(5y)4.52%
ROICexgc(3y)48.48%
ROICexgc(5y)58.66%
ROCE(3y)5.22%
ROCE(5y)5.34%
ROICexgc growth 3Y-13.97%
ROICexgc growth 5Y-9.43%
ROICexc growth 3Y-8.22%
ROICexc growth 5Y3.99%
OM growth 3Y-6.38%
OM growth 5Y-5.65%
PM growth 3Y-7.5%
PM growth 5Y-5.5%
GM growth 3Y0.26%
GM growth 5Y-0.13%
F-Score5
Asset Turnover0.14
Health
Industry RankSector Rank
Debt/Equity 0.23
Debt/FCF 3.59
Debt/EBITDA 1.53
Cap/Depr 33.3%
Cap/Sales 1.55%
Interest Coverage 14.95
Cash Conversion 47.13%
Profit Quality 63.97%
Current Ratio 2.13
Quick Ratio 2.13
Altman-Z 1.42
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)54.02%
Cap/Depr(5y)74.35%
Cap/Sales(3y)1.57%
Cap/Sales(5y)1.89%
Profit Quality(3y)69.07%
Profit Quality(5y)74.13%
High Growth Momentum
Growth
EPS 1Y (TTM)10.33%
EPS 3Y10.77%
EPS 5Y7.26%
EPS Q2Q%10.31%
EPS Next Y14.35%
EPS Next 2Y13.98%
EPS Next 3Y14.42%
EPS Next 5Y11.03%
Revenue 1Y (TTM)18.67%
Revenue growth 3Y10.65%
Revenue growth 5Y8.37%
Sales Q2Q%23.45%
Revenue Next Year16.95%
Revenue Next 2Y13.71%
Revenue Next 3Y13.47%
Revenue Next 5Y10.11%
EBIT growth 1Y-6.59%
EBIT growth 3Y3.59%
EBIT growth 5Y2.24%
EBIT Next Year42.05%
EBIT Next 3Y19.66%
EBIT Next 5Y13.01%
FCF growth 1Y-24.44%
FCF growth 3Y-7.05%
FCF growth 5Y0.02%
OCF growth 1Y-20.76%
OCF growth 3Y-7.46%
OCF growth 5Y0.96%

BLACKROCK INC / BLK Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for BLACKROCK INC?

ChartMill assigns a fundamental rating of 6 / 10 to BLK.


What is the valuation status of BLACKROCK INC (BLK) stock?

ChartMill assigns a valuation rating of 3 / 10 to BLACKROCK INC (BLK). This can be considered as Overvalued.


What is the profitability of BLK stock?

BLACKROCK INC (BLK) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for BLK stock?

The Price/Earnings (PE) ratio for BLACKROCK INC (BLK) is 20.01 and the Price/Book (PB) ratio is 2.68.


Can you provide the dividend sustainability for BLK stock?

The dividend rating of BLACKROCK INC (BLK) is 6 / 10 and the dividend payout ratio is 60.27%.