Stock Analysis Report

Header cover image

Market Cap


Last Updated

2021/08/01 22:01 UTC

Data Sources

Company Financials +

Share Price & News

How has BlackRock's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: BLK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: BLK's weekly volatility (3%) has been stable over the past year.

Market Performance

7 Day Return




US Capital Markets


US Market

1 Year Return




US Capital Markets


US Market

Return vs Industry: BLK underperformed the US Capital Markets industry which returned 56.8% over the past year.

Return vs Market: BLK exceeded the US Market which returned 35.9% over the past year.

Shareholder returns

7 Day-0.2%0.9%-0.4%
30 Day-3.0%0.5%-0.3%
90 Day5.0%5.1%3.1%
1 Year54.1%50.8%60.9%57.6%38.0%35.9%
3 Year94.7%79.8%77.4%64.6%62.9%52.7%
5 Year162.6%131.4%169.8%137.5%121.3%96.9%

Long-Term Price Volatility Vs. Market

How volatile is BlackRock's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is BlackRock undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: BLK ($867.17) is trading below our estimate of fair value ($927.1)

Significantly Below Fair Value: BLK is trading below fair value, but not by a significant amount.

Price To Earnings Ratio

PE vs Industry: BLK is poor value based on its PE Ratio (24.1x) compared to the US Capital Markets industry average (12.9x).

PE vs Market: BLK is poor value based on its PE Ratio (24.1x) compared to the US market (18.1x).

Price to Earnings Growth Ratio

PEG Ratio: BLK is poor value based on its PEG Ratio (1.9x)

Price to Book Ratio

PB vs Industry: BLK is good value based on its PB Ratio (3.7x) compared to the US Capital Markets industry average (61.4x).

Future Growth

How is BlackRock forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BLK's forecast earnings growth (12.6% per year) is above the savings rate (2%).

Earnings vs Market: BLK's earnings (12.6% per year) are forecast to grow slower than the US market (15% per year).

High Growth Earnings: BLK's earnings are forecast to grow, but not significantly.

Revenue vs Market: BLK's revenue (9.6% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: BLK's revenue (9.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BLK's Return on Equity is forecast to be low in 3 years time (18%).

Past Performance

How has BlackRock performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BLK has high quality earnings.

Growing Profit Margin: BLK's current net profit margins (30.4%) are higher than last year (29.5%).

Past Earnings Growth Analysis

Earnings Trend: BLK's earnings have grown by 7.9% per year over the past 5 years.

Accelerating Growth: BLK's earnings growth over the past year (23.6%) exceeds its 5-year average (7.9% per year).

Earnings vs Industry: BLK earnings growth over the past year (23.6%) underperformed the Capital Markets industry 55.6%.

Return on Equity

High ROE: BLK's Return on Equity (16.1%) is considered low.

Financial Health

How is BlackRock's financial position?

Financial Position Analysis

Short Term Liabilities: BLK's short term assets ($25.9B) exceed its short term liabilities ($18.8B).

Long Term Liabilities: BLK's short term assets ($25.9B) do not cover its long term liabilities ($117.3B).

Debt to Equity History and Analysis

Debt Level: BLK's debt to equity ratio (18.7%) is considered satisfactory.

Reducing Debt: BLK's debt to equity ratio has increased from 17% to 18.7% over the past 5 years.

Debt Coverage: BLK's debt is well covered by operating cash flow (58%).

Interest Coverage: BLK's interest payments on its debt are well covered by EBIT (47x coverage).

Balance Sheet


What is BlackRock current dividend yield, its reliability and sustainability?


Current Dividend Yield

Upcoming Dividend Payment

TodayAug 02 2021Ex Dividend DateSep 03 2021Dividend Pay DateSep 22 202119 days from Ex DividendBuy in the next 31 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: BLK's dividend (1.91%) is higher than the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: BLK's dividend (1.91%) is low compared to the top 25% of dividend payers in the US market (3.55%).

Stability and Growth of Payments

Stable Dividend: BLK's dividends per share have been stable in the past 10 years.

Growing Dividend: BLK's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (43.1%), BLK's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: BLK's dividends in 3 years are forecast to be well covered by earnings (43.8% payout ratio).

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Larry Fink (69 yo)





Mr. Laurence Douglas Fink, also known as Larry, serves as Chief Executive Officer and Chairman at BlackRock, Inc. Mr. Fink co-founded BlackRock in 1988 and focuses on client centric solutions and innovatio...

CEO Compensation Analysis

Compensation vs Market: Larry's total compensation ($USD27.36M) is above average for companies of similar size in the US market ($USD11.20M).

Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: BLK's management team is seasoned and experienced (7.1 years average tenure).

Board Members

Experienced Board: BLK's board of directors are considered experienced (8.2 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: BLK insiders have only sold shares in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

BlackRock, Inc.'s company bio, employee growth, exchange listings and data sources

Key Information

  • Name: BlackRock, Inc.
  • Ticker: BLK
  • Exchange: NYSE
  • Founded: 1988
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$132.069b
  • Shares outstanding: 152.30m
  • Website: https://www.blackrock.com

Number of Employees


  • BlackRock, Inc.
  • 55 East 52nd Street
  • New York
  • New York
  • 10055
  • United States



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 pe...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/01 22:01
End of Day Share Price2021/07/30 00:00
Annual Earnings2020/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.