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Investment Highlights Market Valuation Price Chart Return vs. Risk About BLK Interactive Breakdown Better Bets vs. BLK Latest Trefis Analyses Trade Ideas Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

BlackRock (BLK)

Market Price (10/26/2025): $1137.71 | Market Cap: $176.2 Bil
Sector: Financials | Industry: Asset Management & Custody Banks

BlackRock (BLK)

Market Price (10/26/2025): $1137.71
Market Cap: $176.2 Bil
Sector: Financials
Industry: Asset Management & Custody Banks

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.5%		  Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 42x
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%, CFO LTM is 4.2 Bil, FCF LTM is 3.9 Bil		  
2 Low stock price volatility
Vol 12M is 27%		  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.5%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%, CFO LTM is 4.2 Bil, FCF LTM is 3.9 Bil
2 Low stock price volatility
Vol 12M is 27%
3 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 42x

Market Valuation & Key Metrics

BLKS&P 500
REVENUE GROWTHFAIR
Rev LTM ($ Bil)21.6
Rev Chg Q12.9%6.4%
Rev Chg LTM15.5%5.3%
Rev Chg 3Y Avg4.2%5.4%
PROFITABILITYVERY GOOD
Op Inc LTM ($ Bil)7.7
CFO LTM ($ Bil)4.2
Net Inc LTM ($ Bil)6.4
Op Mgn LTM35.6%18.7%
CFO/Rev LTM19.6%20.4%
Net Inc Mgn29.7%12.7%
VALUATIONVERY HIGH
P/S8.23.3
P/CFO41.616.1
P/FCF45.420.9
P/E27.524.0

BLK Stock

   
   
   
   
   
   
   

Return vs. Risk

Price Returns Compared

 202020212022202320242025Total [1]
Returns
BLK Return47%29%-20%18%29%13%160%
Peers Return10%45%-10%7%37%33%181%
S&P 500 Return16%27%-19%24%23%15%110%

Monthly Win Rates [3]
BLK Win Rate75%58%42%50%83%67% 
Peers Win Rate58%67%50%47%65%69% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
BLK Max Drawdown-34%-5%-41%-14%-7%-20% 
Peers Max Drawdown-43%-3%-30%-20%-6%-14% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 

[1] Cumulative total returns since the beginning of 2020
[2] Peers: MS, GS, SCHW, BK, STT. See BLK Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/24/2025 (YTD)

How Low Can It Go

Unique KeyEventBLKS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-45.3%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven82.9%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven730 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-42.8%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven74.8%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven116 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-39.0%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven64.0%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven612 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-60.7%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven154.8%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven231 days1480 days

Compare to MS, GS, SCHW, BK, STT


In The Past

BlackRock's stock fell -45.3% during the 2022 Inflation Shock from a high on 11/12/2021. A -45.3% loss requires a 82.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About BlackRock (BLK)

Interactive Breakdown

BlackRock Interactive Breakdown Analysis

Better Bets than BlackRock (BLK)

 BLKBetter Performance than BLK
MetricValueIndustry (Asset Management & Custody Ban)
Rev Chg LTM15.5%BX (34.9%), BAM (21.4%), ARES (49.9%), CG (133.3%), OWL (31.8%)
Rev Chg 3Y Avg4.2%BX (6.3%), KKR (27.5%), BK (6.0%), APO (129.8%), AMP (8.7%)
Op Mgn LTM35.6%BAM (54.2%), HLNE (43.9%), VCTR (46.7%), CNS (36.2%), PAX (41.4%)
CFO/Rev LTM19.6%BX (29.2%), KKR (29.7%), BAM (20.3%), BK (20.3%), AMP (39.0%)
FCF/Rev LTM18.0%BX (28.3%), KKR (28.6%), BAM (20.3%), AMP (38.0%), ARES (82.4%)
Total Yield5.5%BX (6.7%), BK (8.3%), APO (6.1%), AMP (8.2%), STT (8.6%)
 BLKBetter Performance than BLK
MetricValueAll Other Sectors
Rev Chg LTM15.5%NVDA (71.6%), META (19.4%), AVGO (28.0%), LLY (36.8%), PLTR (38.8%)
Rev Chg 3Y Avg4.2%NVDA (92.0%), MSFT (12.5%), GOOGL (10.2%), AMZN (11.3%), META (13.0%)
Op Mgn LTM35.6%NVDA (58.1%), MSFT (45.6%), META (42.9%), AVGO (39.0%), LLY (43.0%)
CFO/Rev LTM19.6%NVDA (46.6%), AAPL (26.6%), MSFT (48.3%), GOOGL (36.0%), META (56.4%)
FCF/Rev LTM18.0%NVDA (43.6%), AAPL (23.5%), MSFT (25.4%), META (30.7%), AVGO (41.6%)
Total Yield5.5%XOM (9.7%), JNJ (8.1%), BABA (36.1%), HD (6.2%), UNH (8.8%)
 Best Bets In Financials Sector
 BLKDBRG OTF MTG NMIH ENVA ACGL APAM EEFT FAF KMPR
What You Pay           
P/E27.539.813.38.57.610.68.710.510.513.68.9
P/EBIT19.564.99.26.45.68.27.76.16.38.26.5
What You Get           
Rev Chg Q12.9%-102.4%1,228.5%-0.3%7.2%16.3%22.4%4.4%8.9%40.7%7.8%
Rev Chg LTM15.5%-84.8%89.0%3.3%10.0%21.1%23.5%10.0%8.7%20.7%2.6%
Rev Chg 3Y Avg4.2%125.8%221.9%1.2%10.1%23.5%29.8%0.2%9.1%-3.3%-4.7%
FCF/Rev 3Y Avg21.1%101.2%76.2%59.8%58.8%54.7%38.4%29.0%15.9%7.0%2.0%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 21%, alpha of 9.1%, and sharpe of 0.94

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1BlackRock Earnings Notes  
2How Low Can BlackRock Stock Really Go?Return 
3BlackRock vs Southern Copper: Which Is A Better Investment?Counter-Intuitive Comparisons 
4BlackRock vs Victory Capital: Which Is A Better Investment?Counter-Intuitive Comparisons 
5Better Bet Than BLK Stock: Pay Less Than BlackRock To Get More From MU, TDG   
6Better Bet Than BLK Stock: Pay Less Than BlackRock To Get More From HLNE, SNEX   
7Better Bet Than BLK Stock: Pay Less Than BlackRock To Get More From HLNE   
8BLK Dip Buy Analysis  
9Day 7 of Gains Streak for BlackRock Stock with 8.2% Return (vs. 4% YTD) [7/1/2025]  
10Day 7 of Gains Streak for BlackRock Stock with 8.2% Return (vs. 4% YTD) [7/1/2025]  
11ARTICLES  
12How Will BlackRock Stock React To Its Upcoming Earnings? October 6th, 2025
13Large Cap Stocks Trading At 52-Week High September 30th, 2025
14Large Cap Stocks Trading At 52-Week High August 15th, 2025
15Large Cap Stocks Trading At 52-Week High August 14th, 2025
16S&P 500 Stocks Trading At 52-Week High July 26th, 2025
Title
0DASHBOARDS
1How Will BlackRock Stock React To Its Upcoming Earnings?
2Large Cap Stocks Trading At 52-Week High
3Large Cap Stocks Trading At 52-Week High
4Large Cap Stocks Trading At 52-Week High
5S&P 500 Stocks Trading At 52-Week High
6ARTICLES
7BlackRock Earnings Notes
8How Low Can BlackRock Stock Really Go?
9BlackRock vs Southern Copper: Which Is A Better Investment?
10BlackRock vs Victory Capital: Which Is A Better Investment?
11Better Bet Than BLK Stock: Pay Less Than BlackRock To Get More From MU, TDG 
12Better Bet Than BLK Stock: Pay Less Than BlackRock To Get More From HLNE, SNEX 
13Better Bet Than BLK Stock: Pay Less Than BlackRock To Get More From HLNE 
14BLK Dip Buy Analysis
15Day 7 of Gains Streak for BlackRock Stock with 8.2% Return (vs. 4% YTD) [7/1/2025]
16Day 7 of Gains Streak for BlackRock Stock with 8.2% Return (vs. 4% YTD) [7/1/2025]

Trade Ideas

Select past ideas related to BLK. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
HLNE_9302025_Dip_Buyer_FCFYield09302025HLNEHamilton LaneDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-11.9%-11.9%-12.7%
CNS_9302025_Dip_Buyer_ValueBuy09302025CNSCohen & SteersDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		8.7%8.7%-1.6%
JKHY_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025JKHYJack Henry & AssociatesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		4.3%4.3%-2.1%
FDS_9192025_Monopoly_xInd_xCD_Getting_Cheaper09192025FDSFactSet Research SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-1.3%-1.3%-4.9%
IBKR_9052025_Quality_Momentum_RoomToRun_10%09052025IBKRInteractive BrokersQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run		14.3%14.3%0.0%
BLK_6302022_Dip_Buyer_FCFYield06302022BLKBlackRockDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		19.3%16.8%-12.1%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
HLNE_9302025_Dip_Buyer_FCFYield09302025HLNEHamilton LaneDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-11.9%-11.9%-12.7%
CNS_9302025_Dip_Buyer_ValueBuy09302025CNSCohen & SteersDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		8.7%8.7%-1.6%
JKHY_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025JKHYJack Henry & AssociatesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		4.3%4.3%-2.1%
FDS_9192025_Monopoly_xInd_xCD_Getting_Cheaper09192025FDSFactSet Research SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-1.3%-1.3%-4.9%
IBKR_9052025_Quality_Momentum_RoomToRun_10%09052025IBKRInteractive BrokersQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run		14.3%14.3%0.0%
BLK_6302022_Dip_Buyer_FCFYield06302022BLKBlackRockDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		19.3%16.8%-12.1%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1VICRVicor57.5%87.2%
2INBXInhibrx Biosciences53.8%272.0%
3CLBCore Laboratories48.7%-2.4%
4BALYBallys46.2%6.8%
5MOFGMidWestOne Financial43.2%39.2%
6NUVBNuvation Bio42.2%82.3%
7CLOVClover Health Investments41.0%21.3%
8CELCCelcuity36.6%442.2%
9WGOWinnebago Industries33.6%-12.7%
10GTXGarrett Motion33.3%91.3%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1PMIPicard Medical-45.4%8328.6%
2ITGRInteger-30.4%-45.0%
3METCRamaco Resources-23.8%244.9%
4WRLDWorld Acceptance-18.6%25.6%
5ASMAvino Silver & Gold Mines-18.2%450.5%
6SESSES AI-17.6%15.5%
7SMPLSimply Good Foods-17.5%-48.0%
8TNGXTango Therapeutics-17.0%142.6%
9OKLOOklo-16.7%540.8%
10LENZLENZ Therapeutics-16.4%10.7%

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1WOLFWolfspeed1498.4%344.0%
2PRAXPraxis Precision Medicines253.2%126.1%
3NVTSNavitas Semiconductor116.1%294.1%
4SNDKSanDisk97.4% 
5UAMYUnited States Antimony90.3%578.5%
6GRALGRAIL85.2%400.8%
7BALYBallys82.9%6.8%
8ORKAOruka Therapeutics81.1%40.5%
9INBXInhibrx Biosciences79.9%272.0%
10CIFRCipher Mining77.2%345.3%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1VGVenture Global-35.7% 
2PMIPicard Medical-35.3%8328.6%
3SOCSable Offshore-33.7%-41.7%
4FWRDForward Air-28.9%-39.0%
5FLYFirefly Aerospace-28.5% 
6ITGRInteger-28.4%-45.0%
7USNAUsana Health Sciences-26.5%-42.0%
8HTZHertz Global-26.3%41.5%
9RCReady Capital-25.1%-50.3%
10ULHUniversal Logistics-24.8%-61.0%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1VICRVicor57.5%87.2%
2INBXInhibrx Biosciences53.8%272.0%
3CLBCore Laboratories48.7%-2.4%
4BALYBallys46.2%6.8%
5MOFGMidWestOne Financial43.2%39.2%
6NUVBNuvation Bio42.2%82.3%
7CLOVClover Health Investments41.0%21.3%
8CELCCelcuity36.6%442.2%
9WGOWinnebago Industries33.6%-12.7%
10GTXGarrett Motion33.3%91.3%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1PMIPicard Medical-45.4%8328.6%
2ITGRInteger-30.4%-45.0%
3METCRamaco Resources-23.8%244.9%
4WRLDWorld Acceptance-18.6%25.6%
5ASMAvino Silver & Gold Mines-18.2%450.5%
6SESSES AI-17.6%15.5%
7SMPLSimply Good Foods-17.5%-48.0%
8TNGXTango Therapeutics-17.0%142.6%
9OKLOOklo-16.7%540.8%
10LENZLENZ Therapeutics-16.4%10.7%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for BlackRock

Financials

BLKMSGSSCHWBKSTTMedian
NameBlackRockMorgan S.Goldman .Charles .Bank of .State St. 
Mkt Price1,136.63163.86783.8894.42107.99116.12139.99
Mkt Cap176.0258.4245.9171.677.233.5173.8
Rev LTM21,57361,50356,21321,62618,93013,06521,600
Op Inc LTM7,683-----7,683
FCF LTM3,884-20,941-24,87917,1802,380-10,892-4,256
FCF 3Y Avg4,018-25,282-27,21212,2474,005-1,7731,116
CFO LTM4,235-17,670-22,85217,8073,847-9,970-3,062
CFO 3Y Avg4,363-21,957-24,83612,9135,286-9191,722

Growth & Margins

BLKMSGSSCHWBKSTTMedian
NameBlackRockMorgan S.Goldman .Charles .Bank of .State St. 
Rev Chg LTM15.5%16.7%12.2%16.9%7.0%9.0%13.8%
Rev Chg 3Y Avg4.2%5.0%3.8%5.0%6.0%2.7%4.6%
Rev Chg Q12.9%11.3%14.5%24.8%9.2%4.7%12.1%
QoQ Delta Rev Chg LTM2.9%2.6%3.4%5.7%2.2%1.1%2.8%
Op Mgn LTM35.6%-----35.6%
Op Mgn 3Y Avg35.7%-----35.7%
QoQ Delta Op Mgn LTM-0.8%------0.8%
CFO/Rev LTM19.6%-28.7%-40.7%82.3%20.3%-76.3%-4.5%
CFO/Rev 3Y Avg22.9%-41.3%-46.4%62.9%30.3%-5.5%8.7%
FCF/Rev LTM18.0%-34.0%-44.3%79.4%12.6%-83.4%-10.7%
FCF/Rev 3Y Avg21.1%-47.4%-51.2%59.6%23.1%-12.4%4.3%

Valuation

BLKMSGSSCHWBKSTTMedian
NameBlackRockMorgan S.Goldman .Charles .Bank of .State St. 
Mkt Cap176.0258.4245.9171.677.233.5173.8
P/S8.24.24.47.94.12.64.3
P/EBIT19.5-----19.5
P/E27.517.515.823.615.511.716.7
P/CFO41.6-14.6-10.89.620.1-3.43.1
Total Yield5.5%5.7%6.3%4.2%8.3%8.6%6.0%
Dividend Yield1.8%0.0%0.0%0.0%1.8%0.0%0.0%
FCF Yield 3Y Avg3.3%-16.0%-14.8%9.1%10.1%-4.1%-0.4%
D/E0.11.41.50.20.51.10.8
Net D/E0.00.90.8-0.4-2.1-3.2-0.2

Returns

BLKMSGSSCHWBKSTTMedian
NameBlackRockMorgan S.Goldman .Charles .Bank of .State St. 
1M Rtn-0.9%3.1%-1.4%-0.4%-1.0%2.4%-0.7%
3M Rtn1.7%14.6%8.1%-2.4%7.0%3.6%5.3%
6M Rtn26.5%43.4%45.4%18.8%38.0%34.8%36.4%
12M Rtn19.1%44.4%56.0%33.2%46.1%32.5%38.8%
3Y Rtn92.0%124.9%152.2%35.6%183.9%77.9%108.5%
1M Excs Rtn-3.8%0.3%-4.2%-3.2%-3.8%-0.4%-3.5%
3M Excs Rtn-4.1%8.7%2.6%-9.6%1.0%-2.3%-0.6%
6M Excs Rtn3.6%20.4%22.4%-4.1%15.1%11.9%13.5%
12M Excs Rtn-0.2%26.6%38.3%18.8%28.6%17.2%22.7%
3Y Excs Rtn28.1%50.6%87.7%-39.9%119.1%15.4%39.3%

Financials

$ Mil | FY: 12/312025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q3
Period End6/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/20233/31/202312/31/20229/30/2022
Filing Date8/6/20255/7/20252/25/202511/6/20248/6/20245/7/20242/23/202411/6/20238/4/20235/5/20232/24/202311/4/2022
Key Financials Quarterly            
Total Revenue5,4235,2765,6775,1974,8054,7284,6314,5224,4634,2434,3374,311
Net Income1,5931,5101,6701,6311,4951,5731,3751,6041,3661,1571,2591,406
EPS10.299.7410.7811.0210.0710.589.2510.759.137.728.399.33
Key Financials TTM            
Total Revenue TTM21,57320,95520,40719,36118,68618,34417,85917,56517,35417,41717,87318,642
Net Income TTM6,4046,3066,3696,0746,0475,9185,5025,3865,1884,8995,1785,562
Growth Rates Quarterly            
Total Revenue Growth12.9%11.6%22.6%14.9%7.7%11.4%6.8%4.9%-1.4%-9.7%-15.1%-14.6%
Net Income Growth6.6%-4.0%21.5%1.7%9.4%36.0%9.2%14.1%26.8%-19.4%-23.4%-16.4%
Margins Quarterly            
Net Income Margin29.4%28.6%29.4%31.4%31.1%33.3%29.7%35.5%30.6%27.3%29.0%32.6%
Cash & Debt            
Total Cash11,6509,71114,58516,00612,17911,05710,6077,3166,8345,6448,7476,797
Total Debt14,71014,25914,22214,17911,67811,6329,7029,6649,7188,4928,4898,364
Net Debt / (Cash)3,0604,548-363-1,827-501575-9052,3482,8842,848-2581,567
Cash Flows Quarterly            
FCF from Operations1,364-1,1282,6181,3811,365-4081,9981,576985-3941,9731,760
Cash Flows TTM            
FCF from Operations TTM4,2354,2364,9564,3364,5314,1514,1654,1404,3244,9844,9564,900
Returns to Shareholders Quarterly            
Dividends808838791757758795743748748796731736
Share Repurchases396657386391519634384396383721505384
Return on Invested Capital (ROIC) Quarterly            
ROIC39.5%40.2%57.9%--996.2%-245.6%171.1%151.8%-314.3%
Return on Invested Capital (ROIC) TTM            
ROIC TTM43.2%39.3%53.1%--934.1%-211.0%164.5%166.7%-350.4%

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Equity7,1617,2038,0005,9005,716
Fixed income3,4803,4953,8633,5393,286
Alternatives1,6461,5901,5131,2471,009
Technology services and subscription revenue1,4851,3641,2811,139974
Distribution fees1,2621,3811,5211,1311,069
Active multi-asset1,2031,2991,4141,1631,148
Cash management909864470790618
Investment Advisory Performance Fees5545141,1431,104450
Advisory and other revenue159163169192269
Total17,85917,87319,37416,20514,539


Price Behavior

BLK Betas & Captures as of 9/30/2025

 1M2M3M6M1Y3Y
Beta0.641.111.411.111.071.15
Up Beta1.671.951.660.981.021.25
Down Beta0.730.650.801.251.121.07
Up Capture65%96%153%128%122%149%
Bmk +ve Days13233574144420
Stock +ve Days11223472133402
Down Capture18%88%144%115%105%102%
Bmk -ve Days8192952107330
Stock -ve Days10203054118349

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity1,271,499
Short Interest: % Change Since 9302025-16.3%
Average Daily Volume664,495
Days-to-Cover Short Interest1.91
Basic Shares Quantity154,868,992
Short % of Basic Shares0.8%

Returns Analyses

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/15/2024-0.6%0.3%1.2%
4/12/2024-2.9%-4.9%1.4%
1/12/20240.9%1.6%1.2%
10/13/2023-1.3%-2.1%4.5%
7/14/2023-1.6%1.5%-6.0%
4/14/20233.1%3.8%-3.8%
1/13/20230.0%-1.6%-2.3%
10/13/20226.6%8.8%43.1%
...
SUMMARY STATS   
# Positive141515
# Negative1099
Median Positive3.1%3.6%5.7%
Median Negative-1.9%-3.2%-6.0%
Max Positive6.6%8.8%43.1%
Max Negative-4.6%-8.1%-16.2%

SEC Filings

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Report DateFiling DateFiling
6302025806202510-Q 6/30/2025
3312025507202510-Q 3/31/2025
12312024225202510-K 12/31/2024
93020241106202410-Q 9/30/2024
6302024806202410-Q 6/30/2024
3312024507202410-Q 3/31/2024
12312023223202410-K 12/31/2023
93020231106202310-Q 9/30/2023
6302023804202310-Q 6/30/2023
3312023505202310-Q 3/31/2023
12312022224202310-K 12/31/2022
93020221104202210-Q 9/30/2022
6302022805202210-Q 6/30/2022
3312022506202210-Q 3/31/2022
12312021225202210-K 12/31/2021
93020211105202110-Q 9/30/2021

Insider Activity

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Industry Resources

External Quote Links


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