Blackrock BLK Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Operating margin | 29.1%-8.0pp | 37.1%— | —— | 35.7%— | |
| Net margin | 22.9%-8.3pp | 31.2%— | —— | 29%— | |
| EBITDA margin | 33.7%-6.0pp | 39.7%— | —— | 38.1%— | |
| Free cash flow margin | 14.7%-8.4pp | 23%— | —— | 24.7%— | |
| Returns | |||||
| Return on equity | 10.7%-3.9pp | 14.7%— | —— | 13.7%— | |
| Return on assets | 3.6%-1.3pp | 4.9%— | —— | —— | |
| Return on invested capital | 10.1%-3.2pp | 13.3%— | —— | —— | |
| Efficiency | |||||
| Asset turnover | 0.2×0.0× | 0.2×— | —— | —— | |
| Liquidity | |||||
| Cash ratio | 1.4×-1.6× | 3×-85.4× | 88.4×— | —— | |
| Leverage | |||||
| Debt-to-equity | 0.3×0.0× | 0.3×+0.1× | 0.2×— | —— | |
| Debt-to-assets | 0.1×0.0× | 0.1×0.0× | 0.1×— | —— | |
| Net debt / EBITDA | 0.4×+0.3× | 0.2×— | —— | —— | |
| Interest coverage | 11.5×-2.6× | 14.1×— | —— | 30.1×— | |
| Per Share | |||||
| Book value per share | $347.42+10.9% | $313.26+20.0% | $261.08+5.1% | $248.46— | |
| Valuation | |||||
| Market capitalization | $166.06B+4.6% | $158.77B+31.5% | $120.77B+13.5% | $106.43B-23.5% | |
| Enterprise value | $169.57B+5.8% | $160.21B+31.6% | $121.71B— | —— | |
| Price / earnings | 29.9×+5.0× | 24.9×— | —— | 20.6×— | |
| Price / sales | 6.9×-0.9× | 7.8×— | —— | 6×— | |
| Price / book | 3×-0.4× | 3.3×+0.3× | 3.1×+0.3× | 2.8×-0.9× | |
| EV / EBITDA | 20.8×+1.0× | 19.8×— | —— | —— | |
| EV / sales | 7×-0.8× | 7.9×— | —— | —— | |
| Free cash flow yield | 2.1%-0.8pp | 3%— | —— | 4.2%— | |
| Earnings yield | 3.3%-0.7pp | 4%— | —— | 4.9%— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Blackrock's ratios come from?
- Every ratio is computed from Blackrock's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
