BLACKROCK INC (BLK) Stock Fundamental Analysis
NYSE:BLK - New York Stock Exchange, Inc. - US09290D1019 - Common Stock - Currency: USD
BLK gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 236 industry peers in the Capital Markets industry. Both the profitability and the financial health of BLK get a neutral evaluation. Nothing too spectacular is happening here. While showing a medium growth rate, BLK is valued expensive at the moment.
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.
Each year in the past 5 years BLK had a positive operating cash flow.
1.2 Ratios
BLK's Return On Assets of 4.44% is fine compared to the rest of the industry. BLK outperforms 65.68% of its industry peers.
BLK's Return On Equity of 13.13% is fine compared to the rest of the industry. BLK outperforms 72.88% of its industry peers.
BLK's Return On Invested Capital of 4.45% is in line compared to the rest of the industry. BLK outperforms 57.63% of its industry peers.
BLK had an Average Return On Invested Capital over the past 3 years of 4.47%. This is below the industry average of 7.88%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.44% | ||
| ROE | 13.13% | ||
| ROIC | 4.45% |
ROA(3y)4.49%
ROA(5y)4.02%
ROE(3y)13.7%
ROE(5y)14.15%
ROIC(3y)4.47%
ROIC(5y)4.1%
1.3 Margins
With a decent Profit Margin value of 30.09%, BLK is doing good in the industry, outperforming 75.42% of the companies in the same industry.
In the last couple of years the Profit Margin of BLK has remained more or less at the same level.
The Operating Margin of BLK (36.92%) is better than 66.53% of its industry peers.
In the last couple of years the Operating Margin of BLK has remained more or less at the same level.
BLK has a better Gross Margin (81.41%) than 85.17% of its industry peers.
BLK's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.92% | ||
| PM (TTM) | 30.09% | ||
| GM | 81.41% |
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%
2. Health
2.1 Basic Checks
BLK has more shares outstanding than it did 1 year ago.
The number of shares outstanding for BLK has been increased compared to 5 years ago.
BLK has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.92 indicates that BLK is not a great score, but indicates only limited risk for bankruptcy at the moment.
BLK has a Altman-Z score of 1.92. This is in the better half of the industry: BLK outperforms 69.49% of its industry peers.
The Debt to FCF ratio of BLK is 3.11, which is a good value as it means it would take BLK, 3.11 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.11, BLK is in the better half of the industry, outperforming 76.69% 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 75.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 3.11 | ||
| Altman-Z | 1.92 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
BLK has a Current Ratio of 2.57. This indicates that BLK is financially healthy and has no problem in meeting its short term obligations.
BLK's Current ratio of 2.57 is fine compared to the rest of the industry. BLK outperforms 76.69% of its industry peers.
A Quick Ratio of 2.57 indicates that BLK has no problem at all paying its short term obligations.
BLK has a Quick ratio of 2.57. This is in the better half of the industry: BLK outperforms 77.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.57 | ||
| Quick Ratio | 2.57 |
3. Growth
3.1 Past
BLK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.73%, which is quite good.
The Earnings Per Share has been growing slightly by 6.98% on average over the past years.
Looking at the last year, BLK shows a quite strong growth in Revenue. The Revenue has grown by 15.45% in the last year.
The Revenue has been growing slightly by 4.70% on average over the past years.
EPS 1Y (TTM)14.73%
EPS 3Y3.73%
EPS 5Y6.98%
EPS Q2Q%16.31%
Revenue 1Y (TTM)15.45%
Revenue growth 3Y3.29%
Revenue growth 5Y4.7%
Sales Q2Q%12.86%
3.2 Future
The Earnings Per Share is expected to grow by 8.54% on average over the next years. This is quite good.
Based on estimates for the next years, BLK will show a small growth in Revenue. The Revenue will grow by 6.01% on average per year.
EPS Next Y15.72%
EPS Next 2Y11.37%
EPS Next 3Y12.08%
EPS Next 5Y8.54%
Revenue Next Year13.07%
Revenue Next 2Y14.59%
Revenue Next 3Y13.2%
Revenue Next 5Y6.01%
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 23.90 indicates a rather expensive valuation of BLK.
The rest of the industry has a similar Price/Earnings ratio as BLK.
BLK's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.05.
The Price/Forward Earnings ratio is 23.83, which indicates a rather expensive current valuation of BLK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BLK indicates a slightly more expensive valuation: BLK is more expensive than 61.86% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of BLK to the average of the S&P500 Index (37.67), we can say BLK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.9 | ||
| Fwd PE | 23.83 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BLK is valued a bit cheaper than the industry average as 70.34% of the companies are valued more expensively.
BLK's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.01 | ||
| EV/EBITDA | 22.54 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct 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 12.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.52
PEG (5Y)3.42
EPS Next 2Y11.37%
EPS Next 3Y12.08%
5. Dividend
5.1 Amount
BLK has a Yearly Dividend Yield of 1.86%.
Compared to an average industry Dividend Yield of 8.23, BLK is paying slightly less dividend.
BLK's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.86% |
5.2 History
On average, the dividend of BLK grows each year by 8.75%, 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)8.75%
Div Incr Years15
Div Non Decr Years21
5.3 Sustainability
49.86% of the earnings are spent on dividend by BLK. This is a bit on the high side, but may be sustainable.
The dividend of BLK is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP49.86%
EPS Next 2Y11.37%
EPS Next 3Y12.08%
NYSE:BLK (7/28/2025, 2:45:18 PM)
1116.86
-6.42 (-0.57%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners82.74%
Inst Owner Change-2.91%
Ins Owners1.97%
Ins Owner Change-2.99%
Market Cap182.53B
Analysts81.82
Price Target1187.17 (6.3%)
Short Float %1.17%
Short Ratio3.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.86% |
Yearly Dividend20.44
Dividend Growth(5Y)8.75%
DP49.86%
Div Incr Years15
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.95%
Min EPS beat(2)5.57%
Max EPS beat(2)10.33%
EPS beat(4)4
Avg EPS beat(4)7.25%
Min EPS beat(4)3.28%
Max EPS beat(4)10.33%
EPS beat(8)8
Avg EPS beat(8)10.07%
EPS beat(12)11
Avg EPS beat(12)9.73%
EPS beat(16)15
Avg EPS beat(16)9.19%
Revenue beat(2)1
Avg Revenue beat(2)-0.53%
Min Revenue beat(2)-2.22%
Max Revenue beat(2)1.16%
Revenue beat(4)2
Avg Revenue beat(4)-0.04%
Min Revenue beat(4)-2.22%
Max Revenue beat(4)2.77%
Revenue beat(8)3
Avg Revenue beat(8)-0.44%
Revenue beat(12)5
Avg Revenue beat(12)-0.53%
Revenue beat(16)7
Avg Revenue beat(16)-0.27%
PT rev (1m)10.91%
PT rev (3m)11.85%
EPS NQ rev (1m)1.78%
EPS NQ rev (3m)2.74%
EPS NY rev (1m)2.5%
EPS NY rev (3m)3.33%
Revenue NQ rev (1m)2.95%
Revenue NQ rev (3m)2.07%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.9 | ||
| Fwd PE | 23.83 | ||
| P/S | 8.71 | ||
| P/FCF | 46.01 | ||
| P/OCF | 43.09 | ||
| P/B | 3.8 | ||
| P/tB | N/A | ||
| EV/EBITDA | 22.54 |
EPS(TTM)46.74
EY4.18%
EPS(NY)46.86
Fwd EY4.2%
FCF(TTM)24.27
FCFY2.17%
OCF(TTM)25.92
OCFY2.32%
SpS128.22
BVpS293.92
TBVpS-12.92
PEG (NY)1.52
PEG (5Y)3.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.44% | ||
| ROE | 13.13% | ||
| ROCE | 5.64% | ||
| ROIC | 4.45% | ||
| ROICexc | 4.71% | ||
| ROICexgc | 47.77% | ||
| OM | 36.92% | ||
| PM (TTM) | 30.09% | ||
| GM | 81.41% | ||
| FCFM | 18.93% |
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%
ROICexcg growth 3Y-11.17%
ROICexcg 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 3.11 | ||
| Debt/EBITDA | 1.48 | ||
| Cap/Depr | 43.95% | ||
| Cap/Sales | 1.28% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 50.74% | ||
| Profit Quality | 62.91% | ||
| Current Ratio | 2.57 | ||
| Quick Ratio | 2.57 | ||
| Altman-Z | 1.92 |
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)14.73%
EPS 3Y3.73%
EPS 5Y6.98%
EPS Q2Q%16.31%
EPS Next Y15.72%
EPS Next 2Y11.37%
EPS Next 3Y12.08%
EPS Next 5Y8.54%
Revenue 1Y (TTM)15.45%
Revenue growth 3Y3.29%
Revenue growth 5Y4.7%
Sales Q2Q%12.86%
Revenue Next Year13.07%
Revenue Next 2Y14.59%
Revenue Next 3Y13.2%
Revenue Next 5Y6.01%
EBIT growth 1Y16.86%
EBIT growth 3Y-0.04%
EBIT growth 5Y6.8%
EBIT Next Year29.54%
EBIT Next 3Y4.25%
EBIT Next 5Y5.91%
FCF growth 1Y-12.18%
FCF growth 3Y0.7%
FCF growth 5Y12.32%
OCF growth 1Y-15.01%
OCF growth 3Y0.08%
OCF growth 5Y11.44%