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Blackrock BLK EBITDA margin

EBITDA margin at other companies

BEN
Franklin ResourcesBEN
10.7%+2.3pp
State Street logo
State StreetSTT
85.7%-12.6pp
Ameriprise Financial logo
Ameriprise FinancialAMP
25.8%+5.2pp
Morgan Stanley logo
Morgan StanleyMS
106.3%-1.8pp
MetLife logo
MetLifeMET
7%-1.9pp
T Rowe Price Group logo
T Rowe Price GroupTROW
36.2%-0.3pp

Other financials

Income statement

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Revenue$6.7B+27.0%
Operating income$2.8B+65.7%
Net income$2.2B+46.5%
EPS (diluted)$14.06+45.9%

Balance sheet

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Cash & equivalents$9.9B+27.0%
Total debt$15.0B+5.0%
Total equity$56.7B+18.0%
Total assets$170.24B+19.9%

Cash flow

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Operating cash flow-$980.0M+13.1%
CapEx$106.0M+35.9%
Free cash flow-$1.1B+10.0%

Valuation

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Market cap$163.01B+1.8%
Enterprise value$168.11B+0.8%
P/E26.1×+0.7×
P/S6.4×-1.3×

Profitability

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Operating margin31.8%-4.3pp
Net margin24.4%-5.7pp

Returns & leverage

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Return on equity11.9%-2.4pp
Debt / equity0.3×0.0×

Where this comes from

Calculated from Blackrock’s reported figures.

Based on trailing twelve months.

The official record: Blackrock’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Blackrock's EBITDA margin?
Blackrock (BLK) reported EBITDA margin of 36.9% in Q1 2026.
How has Blackrock's EBITDA margin changed year-over-year?
Blackrock's EBITDA margin decreased by 5.5% year-over-year, from 39.1% to 36.9%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.