BLK BlackRock PE ratio, current and historical analysis
As of Feb 21, 2025, the BLK stock has a P/E ratio of 23.81. The calculation is based on the latest EPS of $40.92 and the stock price of $974.22 per share. An increase of 11% has been observed in the PE ratio compared to its average of 21.4 of the past four quarters.
BLK PE ratio history
The mean historical PE ratio of BlackRock over the last ten years is 18.67. The current 23.81 price-to-earnings ratio is 28% more than the historical average. Analyzing the last ten years, BLK's PE ratio reached its highest point in the Jun 2021 quarter at 24.32, with a price of $874.97 and an EPS of $35.97. The Sep 2018 quarter saw the lowest point at 13.39, with a price of $471.33 and an EPS of $35.2.
BlackRock PE ratio by year
Maximum annual increase: 62.56% in 2009
Maximum annual decrease: -52% in 2010
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 22.03 | 6.68% | $811.8 | $36.85 |
| 2022 | 20.65 | -12.57% | $708.63 | $34.31 |
| 2021 | 23.62 | 5.16% | $915.56 | $38.76 |
| 2020 | 22.46 | 28.2% | $721.54 | $32.13 |
| 2019 | 17.52 | 19.84% | $502.7 | $28.69 |
| 2018 | 14.62 | -13.08% | $392.82 | $26.86 |
| 2017 | 16.82 | -14.84% | $513.71 | $30.54 |
| 2016 | 19.75 | 16.59% | $380.54 | $19.27 |
| 2015 | 16.94 | -7.23% | $340.52 | $20.1 |
| 2014 | 18.26 | -0.6% | $357.56 | $19.58 |
| 2013 | 18.37 | 24.71% | $316.47 | $17.23 |
| 2012 | 14.73 | 3.81% | $206.71 | $14.03 |
| 2011 | 14.19 | -20.55% | $178.24 | $12.56 |
| 2010 | 17.86 | -52% | $190.58 | $10.67 |
| 2009 | 37.21 | 62.56% | $232.2 | $6.24 |
BlackRock PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 23.2 | 19.77% | $949.51 | $40.92 |
| Jun 2024 | 19.37 | -7.72% | $787.32 | $40.65 |
| Mar 2024 | 20.99 | -4.72% | $833.7 | $39.71 |
| Dec 2023 | 22.03 | 22.66% | $811.8 | $36.85 |
| Sep 2023 | 17.96 | -10.16% | $646.49 | $35.99 |
| Jun 2023 | 19.99 | -2.73% | $691.14 | $34.57 |
| Mar 2023 | 20.55 | -0.48% | $669.12 | $32.56 |
| Dec 2022 | 20.65 | 37.85% | $708.63 | $34.31 |
| Sep 2022 | 14.98 | -5.43% | $550.28 | $36.73 |
| Jun 2022 | 15.84 | -16.32% | $609.04 | $38.45 |
| Mar 2022 | 18.93 | -19.86% | $764.17 | $40.37 |
| Dec 2021 | 23.62 | 7.27% | $915.56 | $38.76 |
| Sep 2021 | 22.02 | -9.46% | $838.66 | $38.08 |
| Jun 2021 | 24.32 | 12.33% | $874.97 | $35.97 |
| Mar 2021 | 21.65 | -3.61% | $753.96 | $34.83 |
BLK average PE ratio chart
BLK's current PE ratio is higher than the 3, 5 and 10-year averages.
BLK PE vs peers
BLK's PE ratio is above its peer stocks BAC and PNC. BlackRock's current PE ratio of 23.81 is more than the average of its peers, which is 12.38.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AB Alliancebernstein Holding Lp | 9.63 | $3.95B |
| AMG Affiliated Managers Group Inc | 10.1 | $4.86B |
| PNC Pnc Financial Services Group Inc | 13.67 | $74.42B |
| BAC Bank Of America Corp | 16.12 | $343.82B |
| BLK BlackRock Inc | 23.81 | $150.89B |
| IVZ Invesco Ltd | N/A | $7.86B |
Frequently asked questions
What is BlackRock's PE ratio?
The price to earnings ratio for BLK stock is 23.81 as of Feb 21, 2025.
What is the 3-year average PE ratio for BlackRock (BLK)?
Over the last 3 years, the average PE ratio for BLK stock is 19.5.
What is the 5-year average PE ratio for BlackRock (BLK)?
Over the last 5 years, the average PE ratio for BLK stock is 20.12.
What is the highest PE ratio for BLK?
The highest quarterly PE ratio in the last ten years has been 24.32 and it was in the Jun 2021 quarter.
How does the current PE ratio for BLK compare to its historical average?
BLK's current price to earnings ratio is 28% above its 10-year historical average.
How is BLK's PE ratio calculated (BlackRock PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Feb 21, 2025), BlackRock's share price is $974.22. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $40.92. Therefore, BlackRock's price to earnings ratio for today is 23.81. PE RATIO(23.81) = STOCK PRICE($974.22) / TTM EPS($40.92)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.