BlackRock, Inc. engages in providing investment management, risk management, and advisory services for institutional and retail clients worldwide. Its products include single and multi-asset class portfolios investing in equities, fixed income, alternatives, and money market instruments. The company was founded by Ralph L. Schlosstein, Susan L. Wagner, Robert Steven Kapito, and Laurence Douglas Fink in 1988 and is headquartered in New York, NY.
Highlights
BLK's gross profit is up by 9% YoY
BLK's revenue is up by 8% year-on-year
BLK's debt is up by 21% since the previous quarter and by 18% year-on-year
The stock's price to earnings (P/E) is 18% more than its 5-year quarterly average of 17.3 and 18% more than its last 4 quarters average of 17.4
Key stats
What are the main financial stats of BLK
Market
Shares outstanding
152.48M
Market cap
$89.45B
Enterprise value
$91.18B
Valuations
Price to earnings (P/E)
20.45
Price to book (P/B)
2.76
Price to sales (P/S)
6
EV/EBIT
16.19
EV/EBITDA
15.02
EV/Sales
6.07
Earnings
Revenue
$15.03B
EBIT
$5.63B
EBITDA
$6.07B
Free cash flow
$2.71B
Per share
EPS
$28.68
Free cash flow per share
$17.61
Book value per share
$212.17
Revenue per share
$97.75
TBVPS
$809.64
Balance sheet
Total assets
$157.34B
Total liabilities
$123.31B
Debt
$7.19B
Equity
$32.73B
Working capital
N/A
Liquidity
Debt to equity
0.22
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
0.28
Margins
EBITDA margin
40.4%
Gross margin
81.7%
Net margin
29.5%
Operating margin
34.1%
Efficiency
Return on assets
2.8%
Return on equity
13.5%
Return on invested capital
4.4%
Return on capital employed
N/A
Return on sales
37.5%
Dividend
Dividend yield
2.36%
DPS
$13.86
Payout ratio
48.3%
BLK stock price
How has the BlackRock stock price performed over time
Financial performance
How have BlackRock's revenue and profit performed over time
Revenue
$15.03B
Gross profit
$12.28B
Operating income
$5.13B
Net income
$4.44B
Gross margin
81.7%
Net margin
29.5%
BLK's gross profit is up by 9% YoY
BLK's revenue is up by 8% year-on-year
The operating margin has declined by 8% year-on-year
The net income rose by 6% year-on-year and by 5% since the previous quarter
Valuation
What is BlackRock stock price valuation
P/E
20.45
P/B
2.76
P/S
6
EV/EBIT
16.19
EV/EBITDA
15.02
EV/Sales
6.07
The stock's price to earnings (P/E) is 18% more than its 5-year quarterly average of 17.3 and 18% more than its last 4 quarters average of 17.4
The EPS is up by 8% year-on-year and by 5% since the previous quarter
BLK's P/B is 26% above its 5-year quarterly average of 2.2 and 20% above its last 4 quarters average of 2.3
The company's equity rose by 2.6% YoY
BLK's P/S is 18% above its last 4 quarters average of 5.1 and 15% above its 5-year quarterly average of 5.2
BLK's revenue is up by 8% year-on-year
Efficiency
How efficient is BlackRock business performance
BlackRock's ROA has increased by 12% YoY and by 8% from the previous quarter
BLK's return on invested capital is up by 7% year-on-year and by 4.8% since the previous quarter
The return on sales has declined by 5% year-on-year but it is up by 3.9% since the previous quarter
BlackRock's return on equity has increased by 4.7% QoQ and by 3.1% YoY
Dividends
What is BLK's dividend history
DPS
$13.86
Dividend yield
2.36%
Payout ratio
48.3%
Recent dividends
Financial health
How did BlackRock financials performed over time
The total assets is 28% more than the total liabilities
The total liabilities has increased by 8% since the previous quarter but it has declined by 6% year-on-year
The total assets has grown by 6% from the previous quarter but it has contracted by 3.7% YoY
BLK's debt is 78% smaller than its equity
BlackRock's debt to equity has increased by 22% from the previous quarter and by 16% YoY
BLK's debt is up by 21% since the previous quarter and by 18% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.