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Blackrock BLK Free cash flow margin

Free cash flow margin at other companies

BEN
Franklin ResourcesBEN
11%+1.6pp
State Street logo
State StreetSTT
-25.9%
Ameriprise Financial logo
Ameriprise FinancialAMP
36.7%-1.6pp
WisdomTree logo
WisdomTreeWT
29.2%+1.7pp
Morgan Stanley logo
Morgan StanleyMS
-54.3%-8.4pp
Invesco logo
InvescoIVZ
26.5%+8.7pp

Other financials

Income statement

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Revenue$7.1B+30.6%
Operating income$2.5B+42.2%
Net income$1.9B+20.2%
EPS (diluted)$12.19+19.6%

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$169.01B-2.2%
Enterprise value$174.11B+0.8%
P/E25.7×-1.3×
P/S6.2×-1.8×

Profitability

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Operating margin32.6%-2.2pp
Net margin24.1%-5.6pp

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 source filing: Blackrock’s 10-Q, filed May 6, 2026. Open the filing →

Filed
May 6, 2026, 3:25 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-208766

FAQ

What is Blackrock's free cash flow margin?
Blackrock (BLK) reported free cash flow margin of 14.3% in Q1 2026.
How has Blackrock's free cash flow margin changed year-over-year?
Blackrock's free cash flow margin decreased by 24.3% year-over-year, from 18.9% to 14.3%.
What is the long-term trend for Blackrock's free cash flow margin?
Over 2 years (2022 to 2025), Blackrock's free cash flow margin has grown at a -23.0% compound annual growth rate (CAGR), from 24.7% to 14.7%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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