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Blackrock BLK Operating margin

Operating margin at other companies

BEN
Franklin ResourcesBEN
9.3%
WisdomTree logo
WisdomTreeWT
36.6%+3.9pp
Invesco logo
InvescoIVZ
-7.1%-21.8pp
MicroStrategy logo
MicroStrategyMSTR
518.9%
T Rowe Price Group logo
T Rowe Price GroupTROW
30.8%-1.0pp
Lazard logo
LazardLAZ
9.5%-4.1pp

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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Net margin24.1%-5.6pp
FCF margin14.3%-4.6pp

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 8-K, filed July 15, 2026. Open the filing →

Filed
Jul 15, 2026, 6:33 AM EDT
Accession
0001193125-26-304013

FAQ

What is Blackrock's operating margin?
Blackrock (BLK) reported operating margin of 32.6% in Q2 2026.
How has Blackrock's operating margin changed year-over-year?
Blackrock's operating margin decreased by 6.4% year-over-year, from 34.8% to 32.6%.
What is the long-term trend for Blackrock's operating margin?
Over 2 years (2022 to 2025), Blackrock's operating margin has grown at a -9.8% compound annual growth rate (CAGR), from 35.7% to 29.1%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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