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

BlackRock (BLK) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, BlackRock (BLK) trades at a price to free cash flow of 50.0×. Over the past ten years it has ranged from 15.2× (December 2018) to 52.2× (August 2026); the current reading is higher than 99% of that period. That is above the Asset Management industry median of 8.3× and above the Financial sector median of 9.9×.

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 52.2×
Ten-year median 27.8×
Current reading's percentile 99

Price to free cash flow against peers

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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