BLK · Blackrock Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.80B | $4.73B | - | $4.52B | $4.46B | $4.24B | - | $4.31B | $4.53B | $4.70B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $534.00M | $529.00M | - | $546.00M | $520.00M | $521.00M | - | $554.00M | $530.00M | $496.00M |
| Total Operating Expenses | $3.00B | $3.04B | - | $2.88B | $2.85B | $2.81B | - | $2.79B | $2.86B | $2.94B |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $1.80B | $1.69B | - | $1.64B | $1.61B | $1.44B | - | $1.53B | $1.67B | $1.76B |
| Interest Expense | $126.00M | $92.00M | - | $82.00M | $69.00M | $59.00M | - | $50.00M | $54.00M | $54.00M |
| Income Tax | $477.00M | $290.00M | - | $213.00M | $443.00M | $385.00M | - | $330.00M | $358.00M | $263.00M |
| Net Income | $1.50B | $1.57B | - | $1.60B | $1.37B | $1.16B | - | $1.41B | $1.08B | $1.44B |
| EPS - Basic | $10.07 | $10.58 | - | $10.75 | $9.13 | $7.72 | - | $9.33 | $7.12 | $9.46 |
| EPS - Diluted | $9.99 | $10.48 | - | $10.66 | $9.06 | $7.64 | - | $9.25 | $7.06 | $9.35 |
Balance Sheet
| Line item | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $10.23B | $9.37B | $8.74B | $7.32B | $6.83B | $5.64B | $7.42B | $6.80B | $6.48B | $7.26B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $125.27B | $123.99B | $123.21B | $118.58B | $122.64B | $121.40B | $117.63B | $115.43B | $125.97B | $143.33B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $9.86B | $9.86B | $7.92B | $7.88B | $7.90B | $6.67B | $6.65B | $6.59B | $6.63B | $7.43B |
| Total Liabilities | $83.03B | $82.24B | $81.97B | $77.95B | $82.75B | $82.33B | $78.84B | $77.31B | $87.66B | $104.47B |
| Stockholders' Equity | $40.10B | $39.73B | $39.35B | $38.63B | $38.21B | $37.71B | $37.74B | $37.16B | $37.09B | $37.49B |
| Retained Earnings | - | - | - | - | - | - | - | - | - | - |
Cash Flow
| Line item | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($408.00M) | - | - | - | ($394.00M) | - | - | - | ($422.00M) |
| Investing Cash Flow | - | ($22.00M) | - | - | - | ($222.00M) | - | - | - | ($198.00M) |
| Financing Cash Flow | - | $1.09B | - | - | - | ($1.19B) | - | - | - | ($1.35B) |
| CapEx | - | $64.00M | - | - | - | $81.00M | - | - | - | $147.00M |
| Free Cash Flow | - | ($472.00M) | - | - | - | ($475.00M) | - | - | - | ($569.00M) |
Ratios
| Metric | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 37.5% | 35.8% | - | 36.2% | 36.2% | 33.9% | - | 35.4% | 36.9% | 37.5% |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 31.1% | 33.3% | - | 35.5% | 30.6% | 27.3% | - | 32.6% | 23.8% | 30.6% |
| Free cash flow margin | - | -10.0% | - | - | - | -11.2% | - | - | - | -12.1% |
| FCF / Net income | - | -0.30 | - | - | - | -0.41 | - | - | - | -0.40 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 11.1% | 11.2% | - | 12.1% | 11.7% | 12.3% | - | 12.9% | 11.7% | 10.6% |
| Effective tax rate | 24.2% | 15.6% | - | 11.7% | 24.5% | 25.0% | - | 19.0% | 24.9% | 15.5% |
| Return on assets | 1.2% | 1.3% | - | 1.4% | 1.1% | 1.0% | - | 1.2% | 0.9% | 1.0% |
| Return on equity | 3.7% | 4.0% | - | 4.2% | 3.6% | 3.1% | - | 3.8% | 2.9% | 3.8% |
| Return on invested capital | 2.7% | 2.9% | - | 3.1% | 2.6% | 2.4% | - | 2.8% | 2.9% | 3.3% |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.25 | 0.25 | 0.20 | 0.20 | 0.21 | 0.18 | 0.18 | 0.18 | 0.18 | 0.20 |
| Debt / Assets | 0.08 | 0.08 | 0.06 | 0.07 | 0.06 | 0.05 | 0.06 | 0.06 | 0.05 | 0.05 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 14.3x | 18.4x | - | 20.0x | 23.4x | 24.4x | - | 30.5x | 30.9x | 32.7x |
| Equity multiplier | 3.12 | 3.12 | 3.13 | 3.07 | 3.21 | 3.22 | 3.12 | 3.11 | 3.40 | 3.82 |
| Liabilities / Assets | 0.66 | 0.66 | 0.67 | 0.66 | 0.67 | 0.68 | 0.67 | 0.67 | 0.70 | 0.73 |
| Efficiency | ||||||||||
| Asset turnover | 0.04 | 0.04 | - | 0.04 | 0.04 | 0.03 | - | 0.04 | 0.04 | 0.03 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 78.8x | 79.6x | - | 60.6x | 76.3x | 87.6x | - | 59.5x | 86.3x | 81.7x |
| P / B | 2.9x | 3.2x | - | 2.5x | 2.7x | 2.7x | - | 2.3x | 2.5x | 3.1x |
| P / S | 24.5x | 26.5x | - | 21.5x | 23.3x | 23.9x | - | 19.4x | 20.5x | 25.0x |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 7.7% | 11.4% | - | 4.9% | -1.4% | -9.7% | - | -14.6% | -6.1% | 6.8% |
| Revenue CAGR (3y) | -0.1% | 2.4% | - | 1.2% | 7.0% | 4.6% | - | 5.3% | 8.7% | 12.0% |
| Revenue CAGR (5y) | 6.4% | 7.2% | - | 4.8% | 4.4% | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 11.5% | 17.7% | - | 7.3% | -3.2% | -18.5% | - | -21.1% | -13.6% | 14.2% |
| Net income growth (YoY) | 9.4% | 36.0% | - | 14.1% | 26.8% | -19.4% | - | -16.4% | -21.8% | 19.8% |
| EPS growth (YoY) | 10.3% | 37.2% | - | 15.2% | 28.3% | -18.3% | - | -15.1% | -20.9% | 20.3% |
| EPS CAGR (3y) | 3.8% | 10.5% | - | 6.3% | 4.9% | 14.1% | - | 9.0% | 3.3% | 12.3% |
| EPS CAGR (5y) | 9.3% | 9.7% | - | 7.2% | 6.5% | 2.7% | - | 9.9% | 6.2% | 12.3% |
| FCF growth (YoY) | - | 0.6% | - | - | - | 16.5% | - | - | - | 8.4% |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 5.0% | 5.3% | 4.2% | 3.9% | 3.0% | 0.6% | 0.1% | 0.9% | 2.9% | 6.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Product / service
$24.87B totalInvestment Advice$10.76B · 43.3%
Revenue By Investment Style$6.53B · 26.3%
Revenue By Client Type$4.12B · 16.5%
Technology Service$1.49B · 6.0%
Distribution And Shareholder Service$1.26B · 5.1%
Investment Performance$554.00M · 2.2%
Service Other$159.00M · 0.6%
Geographic
$17.86B totalAmericas$11.90B · 66.6%
Europe$5.21B · 29.2%
Asia Pacific$751.00M · 4.2%
Peer comparison
Same SIC group: Security Brokers, Dealers & Flotation Companies
Comparing BlackRock Inc. against the 5 most active filers in the same SIC group.
Dividends
$16.15/share trailing 12 months · -37.2% YoY
| Ex-date | Per share |
|---|---|
| Mar 6, 2026 | $5.7300 |
| Dec 5, 2025 | $5.2100 |
| Sep 5, 2025 | $5.2100 |
| Jun 5, 2025 | $5.2100 |
| Mar 7, 2025 | $5.2100 |
| Dec 5, 2024 | $5.1000 |
| Sep 9, 2024 | $5.1000 |
| Jun 7, 2024 | $5.1000 |
| Mar 6, 2024 | $5.1000 |
| Dec 6, 2023 | $5.0000 |
| Sep 7, 2023 | $5.0000 |
| Jun 7, 2023 | $5.0000 |
| Mar 6, 2023 | $5.0000 |
| Dec 6, 2022 | $4.8800 |
| Sep 6, 2022 | $4.8800 |
| Jun 3, 2022 | $4.8800 |
| Mar 4, 2022 | $4.8800 |
| Dec 6, 2021 | $4.1300 |
| Sep 3, 2021 | $4.1300 |
| Jun 3, 2021 | $4.1300 |
| Mar 4, 2021 | $4.1300 |
| Dec 3, 2020 | $3.6300 |
| Sep 3, 2020 | $3.6300 |
| Jun 4, 2020 | $3.6300 |