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Friday 6 November 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.

Revenue
+19.1%
EPS
+25.5%
Free cash flow
−12.3%
Total debt
−0.22%

Quarter to September 2026, against a year earlier

1,184.81 14.14 +1.21%
Market cap
$190.2B
P/E
26.3×
Fwd P/E
14.8×
Dividend yield
1.91%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

BlackRock (BLK) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, BlackRock (BLK) trades at a price to free cash flow of 51.7×. Over the past ten years it has ranged from 15.2× (December 2018) to 53.9× (November 2026); the current reading is higher than 100% of that period. That is above the Asset Management industry median of 7.8× and above the Financial sector median of 9.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 46.7× 42.79%
FY2024 32.7× 4.60%
FY2023 31.3× 28.72%
FY2022 24.3× (19.76%)
FY2021 30.3× (2.99%)
FY2020 31.2× 4.65%
FY2019 29.8× 35.96%
FY2018 21.9× 0.85%
FY2017 21.7× (26.27%)
FY2016 29.5× 44.89%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 46.6× 9.78%
Jun 2026 42.5× 4.38%
Mar 2026 40.7× (12.92%)
Dec 2025 46.7× 1.72%
43 more quarters

Against its own ten years

Low 15.2× High 53.9×
Ten-year median 28.0×
Current reading's percentile 100

Price to free cash flow against peers

Company Price to free cash flow
STT State Street Corporation compare n/m
AMP Ameriprise Financial, Inc. compare 6.3×
APO Apollo Global Management Inc. compare 7.5×
BX Blackstone Inc. compare 17.6×
NTRS Northern Trust Corporation compare 28.6×
ARES Ares Management Corporation compare 36.4×
KKR KKR & Co. Inc. compare 37.7×
BAM Brookfield Asset Management Ltd. compare 38.5×
BLK BlackRock 51.7×
Asset Management industry median 7.8×
Financial sector median 9.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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