stockrowBlackRock
BLK Financial Asset Management
BlackRock’s revenue for fiscal 2025 (year ended December 2025) was $24.2 billion, up 18.7% from fiscal 2024.
- Revenue
- +19.1%
- EPS
- +25.5%
- Free cash flow
- −12.3%
- Total debt
- −0.22%
Quarter to September 2026, against a year earlier
Follow BLK
Alert me
BlackRock (BLK) Free cash flow
BlackRock's free cash flow for fiscal 2025 was $3.6B, down 24.4% from $4.7B in fiscal 2024. Over the twelve months to 30 June 2026 it was $3.5B. Over the past ten years it has ranged from $2.2B (fiscal 2016) to $4.7B (fiscal 2024); the current reading is higher than 55% of that period. BlackRock ranks 5th of 116 Asset Management companies by free cash flow.
Free cash flow, annual
Embed this chart
Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $3.6B | (24.44%) |
| FY2024 | $4.7B | 23.03% |
| FY2023 | $3.8B | (13.61%) |
| FY2022 | $4.4B | (3.91%) |
| FY2021 | $4.6B | 29.70% |
| FY2020 | $3.5B | 34.94% |
| FY2019 | $2.6B | (8.39%) |
| FY2018 | $2.9B | (24.35%) |
| FY2017 | $3.8B | 76.18% |
| FY2016 | $2.2B | (22.60%) |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $1.1B | — |
| Mar 2026 | −$1.1B | — |
| Dec 2025 | $2.1B | 60.70% |
| Sep 2025 | $1.3B | 4.78% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| APO Apollo Global Management Inc. compare | $9.5B |
| AMP Ameriprise Financial, Inc. compare | $7.3B |
| BX Blackstone Inc. compare | $5.5B |
| BLK BlackRock | $3.5B |
| BAM Brookfield Asset Management Ltd. compare | $2.3B |
| KKR KKR & Co. Inc. compare | $2.3B |
| NTRS Northern Trust Corporation compare | $1.1B |
| ARES Ares Management Corporation compare | $836.1M |
| STT State Street Corporation compare | −$3.7B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on BLK
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement