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Blackrock BLK Net margin

Net margin at other companies

BEN
Franklin ResourcesBEN
8.1%+2.5pp
State Street logo
State StreetSTT
21.2%-0.6pp
Ameriprise Financial logo
Ameriprise FinancialAMP
20.6%+3.4pp
Morgan Stanley logo
Morgan StanleyMS
24.6%+2.4pp
MicroStrategy logo
MicroStrategyMSTR
1,663.1%+1,587pp
MetLife logo
MetLifeMET
4.7%-1.5pp

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$164.14B+1.8%
Enterprise value$169.24B+0.8%
P/E26.2×+0.7×
P/S6.4×-1.3×

Profitability

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Operating margin31.8%-4.3pp

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 net margin?
Blackrock (BLK) reported net margin of 24.4% in Q1 2026.
How has Blackrock's net margin changed year-over-year?
Blackrock's net margin decreased by 18.9% year-over-year, from 30.1% to 24.4%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.