BlackRock, Inc.(BLK) Stock Research - Grey Stern Research
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BlackRock, Inc. (BLK) Stock Analysis

$1013.18 (5.19%)

BLK Financial Performance


Use the table below to view BlackRock, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $1013.18 -
52 Week Low $745.55 -
52 Week High $1082.45 -
Market Cap $156.9 Billion 1/11
Gross Margin 82% 5/11
Profit Margin 30% 6/11
EBITDA margin 41% 5/11
Q3 - 2024 Revenue $5.4 Billion 4/11
Q3 - 2024 Earnings $1.6 Billion 2/11
Q3 - 2024 Free Cash Flow $1.3 Billion 4/11
Trailing 4 Quarters Revenue $20.1 Billion 4/11
Trailing 4 Quarters Earnings $6.1 Billion 2/11
Quarterly Earnings Growth 16% 4/11
Annual Earnings Growth 10% 3/11
Quarterly Revenue Growth 25% 6/11
Annual Revenue Growth 14% 5/11
Cash On Hand $14.0 Billion 2/11
Short Term Debt $0 5/11
Long Term Debt $14.2 Billion 2/11

BlackRock, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare BlackRock, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 25.83 4/11
PS 7.79 4/11
PB 3.60 4/11
PC 11.18 7/11
Liabilities to Equity 2.17 4/11
ROA 0.05 5/11
ROE 0.15 5/11
Current Ratio 1.49 7/11
Quick Ratio 0.18 4/11
Long Term Debt to Equity 0.34 4/11
Debt to Equity 0.34 3/11
Burn Rate -13.19 11/11
Cash to Cap 0.09 4/11
CCR 0.79 4/11
EV to EBITDA 71.91 4/11
EV to Revenue 7.80 4/11

Company Details

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.

CEO: Mr. Laurence Fink

Website: https://www.blackrock.com

Address: 55 E 52nd St New York City, NEW YORK

Exchange: New York Stock Exchange

Industry: Asset Management

BlackRock, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to BlackRock, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
The Bank of New York Mellon Corporation BK $59.6 Billion
KKR & Co. Inc. KKR $133.7 Billion
Ares Capital Corporation ARCC $14.6 Billion
Franklin Resources, Inc. BEN $10.3 Billion
T. Rowe Price Group, Inc. TROW $25.2 Billion
Apollo Global Management, Inc. APO $93.3 Billion
Ares Management Corporation ARES $36.6 Billion
Brookfield Asset Management Inc. BAM $22.7 Billion
The Carlyle Group Inc. CG $19.3 Billion
Main Street Capital Corporation MAIN $5.2 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
BLK Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 5.4 Billion $1.6 Billion
Q2 2024 $ 5.0 Billion $1.5 Billion
Q1 2024 $ 4.9 Billion $1.6 Billion
Q4 2023 $ 4.9 Billion $1.4 Billion
Q3 2023 $ 4.3 Billion $1.4 Billion
Q2 2023 $ 4.5 Billion $1.4 Billion
Q1 2023 $ 4.2 Billion $1.2 Billion
Q4 2022 $ 4.3 Billion $1.3 Billion

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BLK Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $14.0 Billion $132.8 Billion $14.2 Billion $43.6 Billion
Q2 2024 $10.2 Billion $125.3 Billion $11.7 Billion $42.2 Billion
Q1 2024 $9.4 Billion $124.0 Billion $11.6 Billion $41.7 Billion
Q4 2023 $8.7 Billion $123.2 Billion $1.8 Billion $41.1 Billion
Q3 2023 $7.3 Billion $118.6 Billion $9.7 Billion $40.6 Billion
Q2 2023 $6.8 Billion $122.6 Billion $9.7 Billion $38.2 Billion
Q1 2023 $5.6 Billion $121.4 Billion $8.5 Billion $37.7 Billion
Q4 2022 $7.4 Billion $117.6 Billion $8.5 Billion $37.7 Billion

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BLK Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $1.3 Billion -$94.0 Million $3.8 Billion
Q2 2024 $1.5 Billion -$7.0 Million $854.0 Million
Q1 2024 -$301.0 Million -$64.0 Million $638.0 Million
Q4 2023 -$1.9 Billion $220.0 Million $100.0 Million
Q3 2023 $1.5 Billion -$78.0 Million $482.0 Million
Q2 2023 $924.0 Million -$61.0 Million $1.2 Billion
Q1 2023 -$475.0 Million -$81.0 Million -$1.8 Billion
Q4 2022 $1.8 Billion -$134.0 Million $619.0 Million

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