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BLACKROCK INC (BLK) Stock Fundamental Analysis

USA - NYSE:BLK - US09290D1019 - Common Stock

1080.11 USD
-17.94 (-1.63%)
Last: 10/31/2025, 2:05:01 PM
Fundamental Rating

5

Taking everything into account, BLK scores 5 out of 10 in our fundamental rating. BLK was compared to 235 industry peers in the Capital Markets industry. BLK has an average financial health and profitability rating. While showing a medium growth rate, BLK is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

In the past year BLK was profitable.
BLK had a positive operating cash flow in the past year.
Each year in the past 5 years BLK has been profitable.
BLK had a positive operating cash flow in each of the past 5 years.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

1.2 Ratios

With a decent Return On Assets value of 4.37%, BLK is doing good in the industry, outperforming 64.26% of the companies in the same industry.
The Return On Equity of BLK (13.03%) is better than 68.51% of its industry peers.
BLK has a Return On Invested Capital (4.31%) which is comparable to the rest of the industry.
BLK had an Average Return On Invested Capital over the past 3 years of 4.47%. This is below the industry average of 7.61%.
Industry RankSector Rank
ROA 4.37%
ROE 13.03%
ROIC 4.31%
ROA(3y)4.49%
ROA(5y)4.02%
ROE(3y)13.7%
ROE(5y)14.15%
ROIC(3y)4.47%
ROIC(5y)4.1%
BLK Yearly ROA, ROE, ROICBLK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

BLK's Profit Margin of 29.69% is fine compared to the rest of the industry. BLK outperforms 74.47% of its industry peers.
In the last couple of years the Profit Margin of BLK has remained more or less at the same level.
With a decent Operating Margin value of 35.71%, BLK is doing good in the industry, outperforming 64.26% of the companies in the same industry.
In the last couple of years the Operating Margin of BLK has remained more or less at the same level.
BLK has a Gross Margin of 81.32%. This is amongst the best in the industry. BLK outperforms 85.53% of its industry peers.
BLK's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 35.71%
PM (TTM) 29.69%
GM 81.32%
OM growth 3Y-1.76%
OM growth 5Y-0.2%
PM growth 3Y0.82%
PM growth 5Y0.27%
GM growth 3Y-0.15%
GM growth 5Y-0.04%
BLK Yearly Profit, Operating, Gross MarginsBLK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

5

2. Health

2.1 Basic Checks

The number of shares outstanding for BLK has been increased compared to 1 year ago.
BLK has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, BLK has a worse debt to assets ratio.
BLK Yearly Shares OutstandingBLK Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
BLK Yearly Total Debt VS Total AssetsBLK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B 200B

2.2 Solvency

BLK has an Altman-Z score of 1.79. This is a bad value and indicates that BLK is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.79, BLK is in the better half of the industry, outperforming 68.09% of the companies in the same industry.
The Debt to FCF ratio of BLK is 3.29, which is a good value as it means it would take BLK, 3.29 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.29, BLK is in the better half of the industry, outperforming 79.57% of the companies in the same industry.
A Debt/Equity ratio of 0.26 indicates that BLK is not too dependend on debt financing.
BLK has a better Debt to Equity ratio (0.26) than 72.77% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.26
Debt/FCF 3.29
Altman-Z 1.79
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B

2.3 Liquidity

A Current Ratio of 2.57 indicates that BLK has no problem at all paying its short term obligations.
The Current ratio of BLK (2.57) is better than 76.17% of its industry peers.
BLK has a Quick Ratio of 2.57. This indicates that BLK is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of BLK (2.57) is better than 76.60% of its industry peers.
Industry RankSector Rank
Current Ratio 2.57
Quick Ratio 2.57
BLK Yearly Current Assets VS Current LiabilitesBLK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

4

3. Growth

3.1 Past

BLK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.42%, which is quite good.
The Earnings Per Share has been growing by 8.85% on average over the past years. This is quite good.
The Revenue has grown by 18.20% in the past year. This is quite good.
Measured over the past years, BLK shows a small growth in Revenue. The Revenue has been growing by 7.02% on average per year.
EPS 1Y (TTM)13.42%
EPS 3Y3.6%
EPS 5Y8.85%
EPS Q2Q%0.79%
Revenue 1Y (TTM)18.2%
Revenue growth 3Y1.75%
Revenue growth 5Y7.02%
Sales Q2Q%25.25%

3.2 Future

The Earnings Per Share is expected to grow by 7.20% on average over the next years.
BLK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.81% yearly.
EPS Next Y10.82%
EPS Next 2Y12.23%
EPS Next 3Y12.89%
EPS Next 5Y7.2%
Revenue Next Year17.97%
Revenue Next 2Y17.47%
Revenue Next 3Y15.22%
Revenue Next 5Y4.81%

3.3 Evolution

The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
BLK Yearly Revenue VS EstimatesBLK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 10B 20B 30B
BLK Yearly EPS VS EstimatesBLK Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20 40 60

3

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 23.06 indicates a rather expensive valuation of BLK.
63.83% of the companies in the same industry are cheaper than BLK, based on the Price/Earnings ratio.
BLK is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.19, which is the current average of the S&P500 Index.
BLK is valuated rather expensively with a Price/Forward Earnings ratio of 19.69.
BLK's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of BLK to the average of the S&P500 Index (22.50), we can say BLK is valued inline with the index average.
Industry RankSector Rank
PE 23.06
Fwd PE 19.69
BLK Price Earnings VS Forward Price EarningsBLK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, BLK is valued a bit cheaper than 71.06% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BLK is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 43.13
EV/EBITDA 20.61
BLK Per share dataBLK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 100 200 300

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
BLK has a very decent profitability rating, which may justify a higher PE ratio.
BLK's earnings are expected to grow with 12.89% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.13
PEG (5Y)2.61
EPS Next 2Y12.23%
EPS Next 3Y12.89%

5

5. Dividend

5.1 Amount

BLK has a Yearly Dividend Yield of 1.85%. Purely for dividend investing, there may be better candidates out there.
BLK's Dividend Yield is comparable with the industry average which is at 8.34.
Compared to the average S&P500 Dividend Yield of 2.33, BLK is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.85%

5.2 History

On average, the dividend of BLK grows each year by 8.75%, which is quite nice.
BLK has been paying a dividend for at least 10 years, so it has a reliable track record.
BLK has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.75%
Div Incr Years15
Div Non Decr Years21
BLK Yearly Dividends per shareBLK Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

5.3 Sustainability

49.88% of the earnings are spent on dividend by BLK. This is a bit on the high side, but may be sustainable.
BLK's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP49.88%
EPS Next 2Y12.23%
EPS Next 3Y12.89%
BLK Yearly Income VS Free CF VS DividendBLK Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B
BLK Dividend Payout.BLK Dividend Payout, showing the Payout Ratio.BLK Dividend Payout.PayoutRetained Earnings

BLACKROCK INC

NYSE:BLK (10/31/2025, 2:05:01 PM)

1080.11

-17.94 (-1.63%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)10-14 2025-10-14/bmo
Earnings (Next)01-12 2026-01-12
Inst Owners83.22%
Inst Owner Change-0.69%
Ins Owners1.95%
Ins Owner Change-2.97%
Market Cap167.53B
Revenue(TTM)22.89B
Net Income(TTM)6.40B
Analysts81.74
Price Target1183.16 (9.54%)
Short Float %0.84%
Short Ratio2.19
Dividend
Industry RankSector Rank
Dividend Yield 1.85%
Yearly Dividend20.44
Dividend Growth(5Y)8.75%
DP49.88%
Div Incr Years15
Div Non Decr Years21
Ex-Date09-05 2025-09-05 (5.21)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.3%
Min EPS beat(2)10.27%
Max EPS beat(2)10.33%
EPS beat(4)4
Avg EPS beat(4)9%
Min EPS beat(4)5.57%
Max EPS beat(4)10.33%
EPS beat(8)8
Avg EPS beat(8)10.28%
EPS beat(12)12
Avg EPS beat(12)11.23%
EPS beat(16)15
Avg EPS beat(16)9.52%
Revenue beat(2)0
Avg Revenue beat(2)-1.92%
Min Revenue beat(2)-2.22%
Max Revenue beat(2)-1.61%
Revenue beat(4)2
Avg Revenue beat(4)0.02%
Min Revenue beat(4)-2.22%
Max Revenue beat(4)2.77%
Revenue beat(8)3
Avg Revenue beat(8)-0.51%
Revenue beat(12)5
Avg Revenue beat(12)-0.37%
Revenue beat(16)6
Avg Revenue beat(16)-0.6%
PT rev (1m)0%
PT rev (3m)-0.34%
EPS NQ rev (1m)-9.46%
EPS NQ rev (3m)-4.43%
EPS NY rev (1m)0.5%
EPS NY rev (3m)3.01%
Revenue NQ rev (1m)1.04%
Revenue NQ rev (3m)-0.29%
Revenue NY rev (1m)2.28%
Revenue NY rev (3m)2.31%
Valuation
Industry RankSector Rank
PE 23.06
Fwd PE 19.69
P/S 7.77
P/FCF 43.13
P/OCF 39.56
P/B 3.41
P/tB N/A
EV/EBITDA 20.61
EPS(TTM)46.83
EY4.34%
EPS(NY)54.86
Fwd EY5.08%
FCF(TTM)25.04
FCFY2.32%
OCF(TTM)27.31
OCFY2.53%
SpS139.09
BVpS316.83
TBVpS-5.57
PEG (NY)2.13
PEG (5Y)2.61
Graham Number577.79
Profitability
Industry RankSector Rank
ROA 4.37%
ROE 13.03%
ROCE 5.46%
ROIC 4.31%
ROICexc 4.62%
ROICexgc 48.31%
OM 35.71%
PM (TTM) 29.69%
GM 81.32%
FCFM 18%
ROA(3y)4.49%
ROA(5y)4.02%
ROE(3y)13.7%
ROE(5y)14.15%
ROIC(3y)4.47%
ROIC(5y)4.1%
ROICexc(3y)4.85%
ROICexc(5y)4.42%
ROICexgc(3y)56.75%
ROICexgc(5y)64.45%
ROCE(3y)5.66%
ROCE(5y)5.2%
ROICexgc growth 3Y-11.17%
ROICexgc growth 5Y-3.93%
ROICexc growth 3Y4.66%
ROICexc growth 5Y13.2%
OM growth 3Y-1.76%
OM growth 5Y-0.2%
PM growth 3Y0.82%
PM growth 5Y0.27%
GM growth 3Y-0.15%
GM growth 5Y-0.04%
F-Score4
Asset Turnover0.15
Health
Industry RankSector Rank
Debt/Equity 0.26
Debt/FCF 3.29
Debt/EBITDA 1.51
Cap/Depr 48.68%
Cap/Sales 1.63%
Interest Coverage 250
Cash Conversion 50.27%
Profit Quality 60.65%
Current Ratio 2.57
Quick Ratio 2.57
Altman-Z 1.79
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)85.43%
Cap/Depr(5y)78.53%
Cap/Sales(3y)2.05%
Cap/Sales(5y)1.82%
Profit Quality(3y)76.23%
Profit Quality(5y)75.73%
High Growth Momentum
Growth
EPS 1Y (TTM)13.42%
EPS 3Y3.6%
EPS 5Y8.85%
EPS Q2Q%0.79%
EPS Next Y10.82%
EPS Next 2Y12.23%
EPS Next 3Y12.89%
EPS Next 5Y7.2%
Revenue 1Y (TTM)18.2%
Revenue growth 3Y1.75%
Revenue growth 5Y7.02%
Sales Q2Q%25.25%
Revenue Next Year17.97%
Revenue Next 2Y17.47%
Revenue Next 3Y15.22%
Revenue Next 5Y4.81%
EBIT growth 1Y13.03%
EBIT growth 3Y-0.04%
EBIT growth 5Y6.8%
EBIT Next Year27.15%
EBIT Next 3Y20.71%
EBIT Next 5Y5.81%
FCF growth 1Y-0.72%
FCF growth 3Y0.7%
FCF growth 5Y12.32%
OCF growth 1Y-2.06%
OCF growth 3Y0.08%
OCF growth 5Y11.44%

BLACKROCK INC / BLK FAQ

Can you provide the ChartMill fundamental rating for BLACKROCK INC?

ChartMill assigns a fundamental rating of 5 / 10 to BLK.


Can you provide the valuation status for BLACKROCK INC?

ChartMill assigns a valuation rating of 2 / 10 to BLACKROCK INC (BLK). This can be considered as Overvalued.


Can you provide the profitability details for BLACKROCK INC?

BLACKROCK INC (BLK) has a profitability rating of 6 / 10.


What are the PE and PB ratios of BLACKROCK INC (BLK) stock?

The Price/Earnings (PE) ratio for BLACKROCK INC (BLK) is 23.06 and the Price/Book (PB) ratio is 3.41.


Can you provide the expected EPS growth for BLK stock?

The Earnings per Share (EPS) of BLACKROCK INC (BLK) is expected to grow by 10.82% in the next year.