BLK BlackRock Finance margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 70

Gross margin

48.3%

Operating margin

35.1%

EBITDA margin

41.6%

Net margin

24.2%

For this period, BlackRock Finance reports a gross margin of 48.3%, an operating margin of 35.1%, an EBITDA margin of 41.6%, and a net margin of 24.2%. The largest positive change was in operating margin, up 1.5 percentage points. The largest negative change was in EBITDA margin, down 2.7 percentage points.

BLK margin history

Gross, operating, EBITDA and net margin trends

BlackRock Finance's margins averaged 48.26% gross, 34.98% operating, 43.63% EBITDA, and 28.34% net over the last 3 years. BlackRock Finance's current metrics show that gross and operating margins are above their three-year averages and EBITDA and net margins are below their three-year averages.

BLK margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 0.6 percentage points and operating margin by 1.5 percentage points, whereas EBITDA margin contracted by 2.7 percentage points and net margin by 2.4 percentage points.

Gross margin expansion

0.6pp

Operating margin expansion

1.5pp

EBITDA margin expansion

-2.7pp

Net margin expansion

-2.4pp

BLK Gross margin

The average gross margin for BlackRock Finance was 48.26% during the last 3 years. BlackRock Finance currently reports a gross margin of 48.3%, 0 percentage points above its three-year average. The gross margin for BlackRock Finance moved between 46.7% in Dec 2025 and 49.4% in Mar 2025.

BLK Operating margin

Across the last 3 years, BlackRock Finance's operating margin came to 34.98%. The current operating margin stands at 35.1%, 0.1 percentage points above its three-year average. Operating margin was highest at 36.9% in Dec 2024 and lowest at 32.1% in Dec 2025.

BLK EBITDA margin

Looking at the last 3 years, BlackRock Finance had an average EBITDA margin of 43.63%. BlackRock Finance currently reports an EBITDA margin of 41.6%, 2 percentage points below its three-year average. Looking back over the last 3 years, BlackRock Finance's EBITDA margin reached 46.8% at its highest point in Jun 2025 and 37.7% at its lowest in Dec 2025.

BLK Net margin

Over the last 3 years, BlackRock Finance's net margin averaged 28.34%. The current net margin of 24.2% is 4.1 percentage points below its three-year average. During this period, net margin reached a high of 32.4% in Jun 2024 and a low of 22.9% in Dec 2025.

BLK margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 48.3%, BLK is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 83.5%, BlackRock Finance's gross margin is 42% lower.

BLK margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is BlackRock Finance's gross margin?

For the period ending Sep 30, 2026, BLK recorded a gross margin of 48.3%.

What is BlackRock Finance's operating margin?

For the period ending Sep 30, 2026, BLK recorded an operating margin of 35.1%.

What is BlackRock Finance's EBITDA margin?

The current EBITDA margin for BLK is 41.6% as of Sep 30, 2026.

What is BlackRock Finance's net margin?

As of Sep 30, 2026, BLK has a net margin of 24.2%.

What are the average margins of BLK?

Over the last 3 years, BlackRock Finance's margins averaged 48.3% gross, 35.0% operating, 43.6% EBITDA, and 28.3% net.

What are the highest historical margins of BLK?

Over the last 5 years, BlackRock Finance's highest margins were 50.7% gross in Dec 2021, 39% operating in Mar 2022, 46.8% EBITDA in Jun 2025, and 32.4% net in Jun 2024.

What are the lowest historical margins of BLK?

Over the last 5 years, BlackRock Finance's lowest margins were 46.7% gross in Dec 2025, 32.1% operating in Dec 2025, 37.7% EBITDA in Dec 2025, and 22.9% net in Dec 2025.