BLK Stock Overview

A publicly owned investment manager. More details

BLK fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	4/6
Financial Health	4/6
Dividends	5/6

Rewards

Earnings are forecast to grow 11.35% per year

Earnings grew by 12.8% over the past year

Pays a reliable dividend of 1.98%

Risk Analysis

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

Analyst Price Target

Consensus Narrative from 17 Analysts

AI Partnership With Microsoft And Preqin Acquisition Will Strengthen Private Markets Capabilities

Key Takeaways Acquisitions and strategic partnerships in private markets and infrastructure are set to enhance revenue and expand BlackRock's investment capabilities. Integration of public and private markets supports growth in assets under management and boosts net margin potential.

View narrative

US$1.12k

8.0% undervalued

12.55%

Revenue growth p.a.

2 days ago

BlackRock, Inc. Competitors

KKR

NYSE:KKR

US$127.5b

Ares Management

NYSE:ARES

US$53.6b

Blackstone

NYSE:BX

US$206.3b

Bank of New York Mellon

NYSE:BK

US$55.6b

Price History & Performance

Summary of share price highs, lows and changes for BlackRock
Historical stock prices
Current Share Price	US$1,028.69
52 Week High	US$1,082.45
52 Week Low	US$745.55
Beta	1.3
1 Month Change	0.39%
3 Month Change	10.76%
1 Year Change	28.20%
3 Year Change	12.56%
5 Year Change	104.51%
Change since IPO	7,182.76%

BlackRock: Moving Aggressively Into New Segments

Dec 11

BlackRock's Growth Could Be Reaching A Ceiling

Dec 02

Recent updates

Shareholder Returns

	BLK	US Capital Markets	US Market
7D	-2.6%	-4.1%	-2.4%
1Y	28.2%	32.3%	23.3%

Return vs Industry: BLK underperformed the US Capital Markets industry which returned 32.3% over the past year.

Return vs Market: BLK exceeded the US Market which returned 23.3% over the past year.

Price Volatility

Is BLK's price volatile compared to industry and market?
BLK volatility
BLK Average Weekly Movement	2.5%
Capital Markets Industry Average Movement	4.0%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: BLK has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: BLK's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1988	20,400	Larry Fink	www.blackrock.com

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.

BlackRock, Inc. Fundamentals Summary

How do BlackRock's earnings and revenue compare to its market cap?
BLK fundamental statistics
Market cap	US$157.41b
Earnings (TTM)	US$6.07b
Revenue (TTM)	US$19.36b

26.2x

P/E Ratio

8.2x

P/S Ratio

Is BLK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BLK income statement (TTM)
Revenue	US$19.36b
Cost of Revenue	US$9.68b
Gross Profit	US$9.68b
Other Expenses	US$3.61b
Earnings	US$6.07b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	39.22
Gross Margin	49.99%
Net Profit Margin	31.37%
Debt/Equity Ratio	28.4%

How did BLK perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

50%

Payout Ratio

Does BLK pay a reliable dividends?

See BLK dividend history and benchmarks

When do you need to buy BLK by to receive an upcoming dividend?
BlackRock dividend dates
Ex Dividend Date	Dec 05 2024
Dividend Pay Date	Dec 23 2024
Days until Ex dividend	16 days
Days until Dividend pay date	2 days

Does BLK pay a reliable dividends?

See BLK dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 23:02
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

BlackRock, Inc. is covered by 41 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Stephen Biggar	Argus Research Company
Kenneth Hill	Barclays
Benjamin Budish	Barclays

BLK Stock Overview

Rewards

Risk Analysis

AI Partnership With Microsoft And Preqin Acquisition Will Strengthen Private Markets Capabilities

BlackRock, Inc. Competitors

NYSE:KKR

US$127.5b

NYSE:ARES

US$53.6b

NYSE:BX

US$206.3b

NYSE:BK

US$55.6b

Price History & Performance

Recent News & Updates

Novo Holdings A/S completed the acquisition of Catalent, Inc. (NYSE:CTLT) from a group of shareholders.

BlackRock: Moving Aggressively Into New Segments

Senior MD & COO exercised options and sold US$29m worth of stock

Walmart Inc. (NYSE:WMT) completed the acquisition of VIZIO Holding Corp. (NYSE:VZIO) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Innolux Corporation (TWSE:3481), Q-Run Holdings Ltd. and others.

BlackRock, Inc. (NYSE:BLK) entered into a definitive agreement to acquire HPS Investment Partners for $14.4 billion.

BlackRock's Growth Could Be Reaching A Ceiling

Recent updates

Novo Holdings A/S completed the acquisition of Catalent, Inc. (NYSE:CTLT) from a group of shareholders.

BlackRock: Moving Aggressively Into New Segments

Senior MD & COO exercised options and sold US$29m worth of stock

Walmart Inc. (NYSE:WMT) completed the acquisition of VIZIO Holding Corp. (NYSE:VZIO) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Innolux Corporation (TWSE:3481), Q-Run Holdings Ltd. and others.

BlackRock, Inc. (NYSE:BLK) entered into a definitive agreement to acquire HPS Investment Partners for $14.4 billion.

BlackRock's Growth Could Be Reaching A Ceiling

Tony Buzbee Announces the State of Texas Suing Blackrock, State Street and Vanguard

Bain Capital, LP, Reverence Capital Partners, L.P., BlackRock, Inc. (NYSE:BLK), FMR LLC, Franklin Resources, Inc. (NYSE:BEN) and State Street Global Advisors, Inc completed the acquisition of Envestnet, Inc. (NYSE:ENV) from BlackRock, Inc. (NYSE:BLK), FMR LLC and others.

Third quarter dividend of US$5.10 announced

ConocoPhillips (NYSE:COP) completed the acquisition of Marathon Oil Corporation (NYSE:MRO) from The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), State Street Corporation (NYSE:STT), Invesco Ltd. (NYSE:IVZ) and others.

Blackrock, Inc. Declares Quarterly Cash Dividend, Payable on December 23, 2024

BBoston Scientific Corporation (NYSE:BSX) completed the acquisition of Axonics, Inc. (NasdaqGS:AXNX) from a group of shareholders.

BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem

New minor risk - Shareholder dilution

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Better Trim Your Blackrock Position

Blackrock Reportedly in Talks to Buy Minority Interest in Millennium's Hedge Fund

Waste Management, Inc. (NYSE:WM) completed the acquisition of Stericycle, Inc. (NasdaqGS:SRCL) from a group of shareholders.

BlackRock to Launch Suite of Defined Maturity Bond Ladder ETFs

BlackRock Introduces Three iShares ETFs to Customize Exposure to U.S. Large Caps

Bansk Group LLC completed the acquisition of PetIQ, Inc. (NasdaqGS:PETQ) from group of sellers.

Price target increased by 9.5% to US$1,064

Third quarter 2024 earnings released: EPS: US$11.02 (vs US$10.75 in 3Q 2023)

Japan Tobacco Inc. (TSE:2914) completed the acquisition of Vector Group Ltd. (NYSE:VGR) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Frost Gamma Investments Trust, Lorber Alpha II Limited, Howard M. Lorber and others.

Why BlackRock Is Macro Trade On Global Liquidity

IQVentures Holdings, LLC completed the acquisition of The Aaron's Company, Inc. (NYSE:AAN) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Dimensional Fund Advisors LP and others.

Shareholder Returns

Price Volatility

About the Company

BlackRock, Inc. Fundamentals Summary

26.2x

8.2x

Earnings & Revenue

Dividends

2.0%

50%

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources