Companies / Financials
BLK
BlackRock
Asset Management & Custody Banks
Asset Management & Custody BanksAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health63
Growth74
Profitability88
Cash generationn/a
Balance sheetn/a
Dilution control27
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)19.1%Revenue growth (FY)18.7%Revenue CAGR (3y)10.7%Gross margin—Operating margin29.1%Net margin22.9%Free cash flow margin14.7%R&D / revenue—Stock comp / revenue5.4%Net debt / operating cash flow0.33xCurrent ratio—Diluted share count change6.1%
| Fiscal year ending | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|
| Revenue | $17.9B | $17.9B | $20.4B | $24.2B |
| Operating income | $6.4B | $6.3B | $7.6B | $7.0B |
| Net income | $5.2B | $5.5B | $6.4B | $5.6B |
| Operating cash flow | $5.0B | $4.2B | $5.0B | $3.9B |
| Capital expenditure | $533M | $344M | $255M | $375M |
| Free cash flow | $4.4B | $3.8B | $4.7B | $3.6B |
| Stock-based comp | $708M | $630M | $753M | $1.3B |
| Buybacks | $2.3B | $1.9B | $1.9B | — |
| Dividends | $3.0B | $3.0B | $3.1B | — |
| Cash | $7.4B | $8.7B | $12.8B | $11.5B |
| Total debt | — | $7.9B | $12.3B | $12.8B |
| Equity | $37.9B | $39.3B | $47.5B | $55.9B |
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