| Market cap | $106.18B |
|---|---|
| Enterprise value | $117.91B |
| Revenue | $18.344B |
|---|---|
| EBITDA | $7.915B |
| Income | $5.918B |
| Revenue Q/Q | 11.43% |
| Revenue Y/Y | 5.32% |
| P/E | 19.90 |
|---|---|
| Forward P/E | 19.88 |
| EV/Sales | 6.43 |
| EV/EBITDA | 14.90 |
| EV/EBIT | 15.46 |
| PEG | 13.82 |
| Price/Sales | 5.79 |
| P/FCF | 27.77 |
| Price/Book | 2.70 |
| Book/Share | 292.82 |
| Cash/Share | 60.51 |
| FCF yield | 3.60% |
| Volume | 527.702k / 418.600k |
|---|---|
| Relative vol. | 1.26 × |
| EPS | 39.71 |
|---|---|
| EPS Q/Q | -12.79% |
| Est. EPS Q/Q | -26.39% |
| Profit margin | 30.81% |
|---|---|
| Oper. margin | 35.60% |
| Gross margin | 48.70% |
| EBIT margin | 41.58% |
| EBITDA margin | 43.15% |
| Ret. on assets | 4.85% |
|---|---|
| Ret. on equity | 15.18% |
| ROIC | 6.11% |
| ROCE | 6.15% |
| Debt/Equity | 2.08 |
|---|---|
| Net debt/EBITDA | 1.07 |
| Current ratio | 1.74 |
| Quick ratio | 1.07 |
| Volatility | 1.38% |
|---|---|
| Beta | 1.18 |
| RSI | 54.45 |
|---|
| Insider ownership | 1.08% |
|---|---|
| Inst. ownership | 79.26% |
| Shares outst. | 148.600M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 2.22% |
| Short ratio | 3.54 |
| Dividend | $20.20 |
|---|---|
| Dividend yield | 2.56% |
| Payout ratio | 50.87% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 15 Jul 2024 |
Monday, 1 July 2024
|
|
| BlackRock launches stock ETF with 100% downside hedge | |
Sunday, 30 June 2024
|
|
| Google buys stake in Taiwan solar power firm owned by BlackRock | |
| BlackRock Buys Preqin for $3.2 Billion in Private Data Expansion | |
| BlackRock to buy UK data group Preqin for $3.2 billion | |
Friday, 28 June 2024
|
|
| BlackRock shareholders vote to keep company directors in place in fight with Saba | |
| Hamas-Backing Anwar Defends BlackRock in Face of Israel Protests | |
| The Winner in Europe’s Elections? The Dollar. | |
Tuesday, 25 June 2024
|
|
| BlackRock directors keep seats at six funds in proxy battle with Saba | |
Friday, 21 June 2024
|
|
| BlackRock will not take part in Malaysia Airports privatisation, GIP says | |
Friday, 14 June 2024
|
|
| The Best Place to Retire in New Mexico | |
Wednesday, 12 June 2024
|
|
| Microsoft, BlackRock CEOs expected to attend G7 session in Italy | |
Tuesday, 11 June 2024
|
|
| Crypto Miners Tumble As Bitcoin Price Hits June Low | |
| US equities account for half of hefty global ETF flows in May | |
Friday, 7 June 2024
|
|
| BlackRock Announces Product Updates | |
| US Bitcoin ETFs Post Longest Run of Inflows as Token Nears Record | |
Sunday, 2 June 2024
|
|
| The Most Budget-Friendly Place in New York for Retirees to Live on Only Social Security | |
Thursday, 30 May 2024
|
|
| Vista-Backed Tech Firm Moves Assets Away From Private Lenders | |
Wednesday, 29 May 2024
|
|
| BlackRock's Bitcoin ETF Dominates Market with Nearly $20B in Assets: Report | |
| Blackrock Silver Raises $10.35 Million in a Bought Deal Public Offering of Share Units | |
| BlackRock’s $20 Billion ETF Is Now the World’s Largest Bitcoin Fund | |
Tuesday, 28 May 2024
|
|
| Small Cap Stocks At Lowest Valuation In Decades, But Analyst Holds Off Buying, Citing $600B Debt Concerns | |
Monday, 27 May 2024
|
|
| The Best Place to Live on Only a Social Security Check | |
| BlackRock: A Wide-Moat Opportunity | |
Saturday, 25 May 2024
|
|
| BlackRock pushed Anglo to extend talks with BHP, FT reports | |
Thursday, 23 May 2024
|
|
| BlackRock, Bitwise and Grayscale Submit Updated 19b-4 ETF Filings to the SEC | |
Monday, 20 May 2024
|
|
| Crypto Lifted by Ether’s Biggest Jump Since 2022 on ETF Outlook | |
| BlackRock whistleblower alleges cover-up of search engine to spot Chinese investments | |
| Asset Management: Vanguard does the unthinkable | |
Friday, 17 May 2024
|
|
| BlackRock Keeps $7 Billion Oklahoma Pension Contract After Anti-ESG Law Pause | |
| BlackRock CEO sees 'giant issue' for Europe due to AI power needs | |
Wednesday, 15 May 2024
|
|
| Bitcoin ETFs drew bets from Millenium Global, Wisconsin Retirement System in Q1 | |
| BlackRock Shareholders’ Support for Larry Fink’s Pay Passes by Small Margin | |
| BlackRock’s Head of Retirement Is Leaving Her Role This Summer: Memo | |
| BlackRock bullish on India, seeks to grow government bond ETF share | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Laurence Fink Chairman and CEO | Sale 20 May 2024 | $25,008,230 |
| Mark Wiedman Senior Managing Director | Option 10 May 2024 | $4,621,500 |
| Laurence Fink Chairman and CEO | Sale 28 Feb 2024 | $25,089,702 |
| Rachel Lord Senior Managing Director | Option 23 Feb 2024 | $18,516,297 |
| Mark Wiedman Senior Managing Director | Sale 23 Feb 2024 | $197,206 |
| Stephen Cohen Senior Managing Director | Sale 12 Feb 2024 | $765,273 |
| Christopher J. Meade General Counsel and CLO | Sale 7 Feb 2024 | $2,460,966 |
| J. Richard Kushel Senior Managing Director | Sale 5 Feb 2024 | $408,039 |
| Marc D. Comerchero Principal Accounting Officer | Sale 5 Feb 2024 | $353,300 |
| J. Richard Kushel Senior Managing Director | Sale 31 Jan 2024 | $5,260,230 |
| Mark Wiedman Senior Managing Director | Sale 31 Jan 2024 | $1,971,825 |
Powered by
Robintrack.
Price target
Current $790.60
Average $724.93
Low $602
High $800
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +2.46% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 2.56% | Growth period | 20 years |
| Last dividend date | Yield 3 years | 2.59% | Growth 3 years | +11.26% | |
| Last dividend | Yield 5 years | 2.32% | Growth 5 years | +10.72% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Laurence Fink (67) Chairman of the Board and Chief Executive Officer since 1998 | 67 | 1998 | $24,308,300 |
| Robert Kapito (63) President and Director since 2014 | 63 | 2014 | $19,257,000 |
| Mark McCombe (54) Senior Managing Director and Chief Client Officer since 2019 | 54 | 2019 | $17,109,600 |
| Laurence Douglas Fink (69) Chairman and CEO | 69 | $11,356,502 | |
| Robert Steven Kapito (65) Pres and Director | 65 | $9,665,715 | |
| Robert Goldstein (46) Chief Operating Officer, Senior Managing Director, and Global Head of BlackRock Solutions since 2018 | 46 | 2018 | $7,895,930 |
| J. Richard Kushel (53) Senior Managing Director, Global Head of Multi-Asset Strategies, and Global Fixed Income since 2018 | 53 | 2018 | $6,620,860 |
| Gary Shedlin (56) Chief Financial Officer and Senior Managing Director since 2013 | 56 | 2013 | $6,463,210 |
| J. Richard Kushel (54) Sr. MD and Head of the Portfolio Management Group | 54 | $4,612,945 | |
| Robert Lawrence Goldstein (47) Sr. MD, COO, and Global Head of BlackRock Solutions | 47 | $3,722,095 | |
| Gary Stephen Shedlin (58) Sr. MD and CFO | 58 | $3,358,669 | |
| Mark Kenneth Wiedman (50) Sr. MD, Head of International, and Corp. Strategy | 50 | $3,188,400 | |
| Murry Gerber (67) Lead Independent Director since 2017 | 67 | 2017 | $464,755 |
| Pamela Daley (67) Independent Director since 2014 | 67 | 2014 | $378,546 |
| Susan Wagner (58) Independent Director since 2012 | 58 | 2012 | $376,648 |
| Gordon Nixon (63) Independent Director since 2015 | 63 | 2015 | $368,876 |
| William Ford (58) Independent Director since 2018 | 58 | 2018 | $364,289 |
| Margaret Johnson (58) Independent Director since 2018 | 58 | 2018 | $363,978 |
| Mathis Cabiallavetta (75) Independent Director since 2007 | 75 | 2007 | $363,978 |
| Marco Slim Domit (51) Independent Director since 2011 | 51 | 2011 | $363,691 |
| Jessica Einhorn (72) Independent Director since 2012 | 72 | 2012 | $355,116 |
| Cheryl Mills (55) Independent Director since 2013 | 55 | 2013 | $354,191 |
| Charles Robbins (54) Independent Director since 2017 | 54 | 2017 | $339,004 |
| Fabrizio Freda (63) Independent Director since 2012 | 63 | 2012 | $339,004 |
| Mark Wilson (53) Independent Director since 2018 | 53 | 2018 | $338,588 |
| Bader Alsaad (62) Independent Director since 2019 | 62 | 2019 | $70,607 |
| Manish Mehta (49) Senior Managing Director and Global Head of Human Resources since 2019 | 49 | 2019 | |
| Mark Wiedman (49) Senior Managing Director, Head of International, and of Corporate Strategy since 2019 | 49 | 2019 | |
| Rachel Lord (54) Senior Managing Director and Head of EMEA since 2017 | 54 | 2017 | |
| Geraldine Buckingham (42) Senior Managing Director and Head of Asia Pacific since 2019 | 42 | 2019 | |
| Christopher Meade (51) Chief Legal Officer, General Counsel, and Senior Managing Director since 2016 | 51 | 2016 | |
| Dr. Bennett W. Golub Ph.D. (63) Co-Founder | 63 | ||
| Samantha Tortora | |||
| Derek N. Stein (59) Sr. MD, Global Head of Technology, and Operations | 59 | ||
| Marc David Comerchero CPA, CPA (48) MD and Chief Accounting Officer | 48 | ||
| Sandra L. Boss (54) Sr. MD and Global Head of Investment Stewardship | 54 | ||
| Mark McKenna |
BlackRock, Inc. is an American multi-national investment company based in New York City. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the worlds largest asset manager, with US$8.59 trillion in assets under management as of December 31, 2022.
- Finance > Asset Management & Custody Banks
- Blackrock Inc., 55 East 52nd Street, New York 10055, United States
- 212 810 5300
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +2.46% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 2.56% | Growth period | 20 years |
| Last dividend date | Yield 3 years | 2.59% | Growth 3 years | +11.26% | |
| Last dividend | Yield 5 years | 2.32% | Growth 5 years | +10.72% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $9,374 | $8,736 | |||
| Short term investments | |||||
| Net receivables | $3,961 | $3,916 | |||
| Inventory | |||||
| Total current assets | |||||
| Long term investments | |||||
| Property, plant & equipment | $2,516 | $2,533 | |||
| Goodwill & intangible assets | $33,741 | $33,782 | |||
| Total noncurrent assets | |||||
| Total investments | $14,335 | $14,298 | |||
| Total assets | $123,988 | $123,211 | |||
| Current liabilities | |||||
| Accounts payable | $1,445 | $1,240 | |||
| Deferred revenue | |||||
| Short long term debt | |||||
| Total current liabilities | |||||
| Long term debt | |||||
| Total noncurrent liabilities | |||||
| Total debt | $11,632 | $9,702 | |||
| Total liabilities | $82,243 | $81,971 | |||
| Stockholders' equity | |||||
| Retained earnings | $33,121 | $32,343 | |||
| Other stockholder equity | -$933 | -$840 | |||
| Total stockholder equity | $39,725 | $39,347 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $8,736 | $7,416 | ||
| Short term investments | ||||
| Net receivables | $3,916 | $3,264 | ||
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $2,533 | $2,547 | ||
| Goodwill & intangible assets | $33,782 | $33,643 | ||
| Total noncurrent assets | ||||
| Total investments | $14,298 | $13,231 | ||
| Total assets | $123,211 | $117,628 | ||
| Current liabilities | ||||
| Accounts payable | $1,240 | $1,294 | ||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | ||||
| Long term debt | ||||
| Total noncurrent liabilities | ||||
| Total debt | $9,702 | $8,489 | ||
| Total liabilities | $81,971 | $78,843 | ||
| Stockholders' equity | ||||
| Retained earnings | $32,343 | $29,876 | ||
| Other stockholder equity | -$840 | -$1,101 | ||
| Total stockholder equity | $39,347 | $37,744 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $4,728 | $4,631 | |||
| Cost of revenue | $2,468 | $2,323 | |||
| Gross profit | $2,260 | $2,308 | |||
| Operating activities | |||||
| Research & development | |||||
| Selling, general & administrative | $529 | $624 | |||
| Total operating expenses | $567 | $723 | |||
| Operating income | $1,693 | $1,585 | |||
| Income from continuing operations | |||||
| EBIT | $1,955 | $1,895 | |||
| Income tax expense | $290 | $438 | |||
| Interest expense | $92 | $82 | |||
| Net income | |||||
| Net income | $1,573 | $1,375 | |||
| Income (for common shares) | $1,573 | $1,375 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $17,859 | $17,873 | ||
| Cost of revenue | $9,161 | $9,086 | ||
| Gross profit | $8,698 | $8,787 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $2,211 | $2,160 | ||
| Total operating expenses | $2,423 | $2,402 | ||
| Operating income | $6,275 | $6,385 | ||
| Income from continuing operations | ||||
| EBIT | $7,273 | $6,686 | ||
| Income tax expense | $1,479 | $1,296 | ||
| Interest expense | $292 | $212 | ||
| Net income | ||||
| Net income | $5,502 | $5,178 | ||
| Income (for common shares) | $5,502 | $5,178 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $1,573 | $1,375 | |||
| Operating activities | |||||
| Depreciation | $143 | $143 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | $176 | $161 | |||
| Total cash flows from operations | -$408 | $1,998 | |||
| Investing activities | |||||
| Capital expenditures | -$64 | -$124 | |||
| Investments | $42 | -$62 | |||
| Total cash flows from investing | -$22 | -$186 | |||
| Financing activities | |||||
| Dividends paid | -$795 | -$743 | |||
| Sale and purchase of stock | -$490 | -$340 | |||
| Net borrowings | $1,965 | -$21 | |||
| Total cash flows from financing | $1,095 | -$503 | |||
| Effect of exchange rate | -$27 | $111 | |||
| Change in cash and equivalents | $638 | $1,420 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $5,502 | $5,178 | ||
| Operating activities | ||||
| Depreciation | $567 | $583 | ||
| Business acquisitions & disposals | -$189 | |||
| Stock-based compensation | $630 | $708 | ||
| Total cash flows from operations | $4,165 | $4,956 | ||
| Investing activities | ||||
| Capital expenditures | -$344 | -$533 | ||
| Investments | -$426 | -$597 | ||
| Total cash flows from investing | -$959 | -$1,130 | ||
| Financing activities | ||||
| Dividends paid | -$3,035 | -$2,990 | ||
| Sale and purchase of stock | -$1,789 | -$2,321 | ||
| Net borrowings | $1,179 | -$776 | ||
| Total cash flows from financing | -$1,992 | -$5,442 | ||
| Effect of exchange rate | $106 | -$291 | ||
| Change in cash and equivalents | $1,320 | -$1,907 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q2 | Thurston, Springer, Miller, Herd & Titak, Inc |
Opened
|
1,913 | $1,506,024 |
| 2024 Q2 | Gamma Investing |
+62.83%
|
2,291 | $1,803,750 |
| 2024 Q2 | Massmutual Trust Co Fsb/adv |
-2.80%
|
24,084 | $18,961,815 |
| 2024 Q2 | Park Place Capital Corp |
-41.11%
|
593 | $466,881 |
| 2024 Q2 | Cullen Investment Group, Ltd |
-6.44%
|
5,681 | $4,472,440 |
| 2024 Q2 | Dnb Asset Management As |
+0.57%
|
64,314 | $50,635,698 |
| 2024 Q2 | First Financial Bank - Trust Division |
-15.47%
|
1,940 | $1,527,399 |
| 2024 Q2 | Trust Co Of Toledo Na oh/ |
+12.33%
|
1,804 | $1,420,325 |
| 2024 Q2 | Transcend Capital Advisors |
-2.54%
|
4,566 | $3,595,090 |
| 2024 Q2 | Marcum Wealth |
-11.09%
|
938 | $738,215 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Metatron Capital Sicav PLC | 102.23% | 151,917,177 | |
| Vanguard Group Inc | 8.66% | 12,868,201 | |
| Blackrock | 6.46% | 9,604,250 | |
| State Street Corp | 3.99% | 5,928,745 | |
| Bank Of America Corp de/ | 3.50% | 5,196,941 | |
| Temasek (private) Ltd | 3.44% | 5,115,491 | |
| Capital Research Global Investors | 2.93% | 4,354,236 | |
| Morgan Stanley | 2.85% | 4,239,616 | |
| Capital World Investors | 2.37% | 3,521,004 | |
| Charles Schwab Investment Management Inc | 2.14% | 3,176,471 |
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