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Saturday 17 October 2026 Export BLK’s income statement to Excel — free account

BlackRock

BLK Financial Asset Management

BlackRock’s revenue for fiscal 2025 (year ended December 2025) was $24.2 billion, up 18.7% from fiscal 2024. In the quarter to September 2026, revenue grew 19.1%, EPS grew 45.2%, free cash flow fell 12.3% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

1,134.38 13.60 +1.21%
Market cap
$182.1B
P/E
24.5×
Fwd P/E
14.8×
Dividend yield
1.97%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

BlackRock (BLK) Debt to equity

Alert me on Debt to equity

BlackRock's debt to equity at the end of the quarter to 30 June 2026 was 0.3×, down 0.0× from fiscal 2025 (0.4×). Over the past ten years it has ranged from 0.3× (fiscal 2023) to 1.3× (fiscal 2015); the current reading is higher than 27% of that period. That is below the Asset Management industry median of 0.4× and above the Financial sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.4× (4.36%)
FY2024 0.4× 22.07%
FY2023 0.3× (3.69%)
FY2022 0.3× (14.68%)
FY2021 0.4× (42.88%)
FY2020 0.7× 10.75%
FY2019 0.6× (23.14%)
FY2018 0.8× (13.81%)
FY2017 0.9× (18.81%)
FY2016 1.1× (10.99%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.3× (3.18%)
Mar 2026 0.3× (7.92%)
Dec 2025 0.4× 8.15%
Sep 2025 0.3× (11.80%)
42 more quarters

Against its own ten years

Low 0.3× High 1.3×
Ten-year median 0.6×
Current reading's percentile 27

Debt to equity against peers

Company Debt to equity
BLK BlackRock 0.3×
APO Apollo Global Management Inc. compare 0.3×
NTRS Northern Trust Corporation compare 0.4×
BAM Brookfield Asset Management Ltd. compare 0.4×
BX Blackstone Inc. compare 0.6×
KKR KKR & Co. Inc. compare 0.7×
ARES Ares Management Corporation compare 0.8×
STT State Street Corporation compare 0.9×
AMP Ameriprise Financial, Inc. compare 1.0×
Asset Management industry median 0.4×
Financial sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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