BlackRock BLK

1,086.31 12.86 1.20% as of 25 Sep
Market cap
$174.4B
P/E
25.6×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

BlackRock (BLK) EV/EBITDA

As of 25 September 2026, BlackRock (BLK) trades at a EV/EBITDA of 17.1×. Over the past ten years it has ranged from 11.4× (March 2020) to 23.3× (September 2025); the current reading is higher than 30% of that period. That is above the Asset Management industry median of 10.3× and above the Financial sector median of 9.5×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 21.4× 8.97%
FY2024 19.7× 6.98%
FY2023 18.4× 11.23%
FY2022 16.5× (10.06%)
FY2021 18.4× (11.61%)
FY2020 20.8× 29.31%
FY2019 16.1× 11.17%
FY2018 14.5× (24.10%)
FY2017 19.1× 1.91%
FY2016 18.7× 6.97%

Quarterly

Period EV/EBITDA Change
Jun 2026 15.2× (9.28%)
Mar 2026 16.8× (21.77%)
Dec 2025 21.4× (4.87%)
Sep 2025 22.5× 7.75%
42 more quarters

Against its own ten years

Low 11.4× High 23.3×
Ten-year median 18.4×
Current reading's percentile 30

EV/EBITDA against peers

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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