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.
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BlackRock (BLK) P/E ratio
As of 16 October 2026, BlackRock (BLK) trades at a P/E ratio of 24.5×. Over the past ten years it has ranged from 10.2× (December 2018) to 32.5× (January 2026); the current reading is higher than 86% of that period. That is above the Asset Management industry median of 14.0× and above the Financial sector median of 12.4×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 29.9× | 23.67% |
| FY2024 | 24.1× | 11.19% |
| FY2023 | 21.7× | 4.62% |
| FY2022 | 20.8× | (12.09%) |
| FY2021 | 23.6× | 5.32% |
| FY2020 | 22.4× | 28.01% |
| FY2019 | 17.5× | 19.72% |
| FY2018 | 14.6× | (11.75%) |
| FY2017 | 16.6× | (17.20%) |
| FY2016 | 20.0× | 18.24% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Sep 2026 | 22.9× | 0.87% |
| Jun 2026 | 22.7× | (4.85%) |
| Mar 2026 | 23.8× | (20.17%) |
| Dec 2025 | 29.9× | 0.80% |
| 43 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| AMP Ameriprise Financial, Inc. compare | 11.9× |
| STT State Street Corporation compare | 13.1× |
| NTRS Northern Trust Corporation compare | 14.1× |
| BX Blackstone Inc. compare | 23.8× |
| BLK BlackRock | 24.5× |
| KKR KKR & Co. Inc. compare | 25.7× |
| BAM Brookfield Asset Management Ltd. compare | 26.0× |
| APO Apollo Global Management Inc. compare | 39.6× |
| ARES Ares Management Corporation compare | 51.5× |
| Asset Management industry median | 14.0× |
| Financial sector median | 12.4× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)
More on BLK
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- 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