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Blackrock BLK EV / sales

EV / sales at other companies

BEN
Franklin ResourcesBEN
1.7×+0.1×
State Street logo
State StreetSTT
3.7×+0.2×
Ameriprise Financial logo
Ameriprise FinancialAMP
1.9×-0.6×
Morgan Stanley logo
Morgan StanleyMS
6.8×+0.4×
MicroStrategy logo
MicroStrategyMSTR
209.2×+130×
MetLife logo
MetLifeMET
0.5×-0.2×

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 the most recent quarter.

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 EV / sales?
Blackrock (BLK) reported EV / sales of 6× in Q1 2026.
How has Blackrock's EV / sales changed year-over-year?
Blackrock's EV / sales decreased by 17.6% year-over-year, from 7.3× to 6×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.