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
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BlackRock (BLK) Return on invested capital
BlackRock's return on invested capital over the twelve months to 30 September 2026 was 0.00%, down 6.7 percentage points from fiscal 2025 (6.74%). Over the past ten years it has ranged from 4.97% (fiscal 2015) to 10.8% (fiscal 2021); the current reading is higher than 45% of that period. That is below the Asset Management industry median of 2.12% and below the Financial sector median of 4.70%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 6.74% | (2.15) |
| FY2024 | 8.89% | (0.18) |
| FY2023 | 9.07% | (0.24) |
| FY2022 | 9.31% | (1.52) |
| FY2021 | 10.8% | 3.77 |
| FY2020 | 7.06% | 0.01 |
| FY2019 | 7.05% | 0.44 |
| FY2018 | 6.61% | 0.53 |
| FY2017 | 6.08% | 0.98 |
| FY2016 | 5.10% | 0.13 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| AMP Ameriprise Financial, Inc. compare | 239.2% |
| BAM Brookfield Asset Management Ltd. compare | 19.7% |
| BX Blackstone Inc. compare | 16.2% |
| APO Apollo Global Management Inc. compare | 6.57% |
| KKR KKR & Co. Inc. compare | 1.08% |
| ARES Ares Management Corporation compare | 0.00% |
| STT State Street Corporation compare | 0.00% |
| NTRS Northern Trust Corporation compare | 0.00% |
| BLK BlackRock | 0.00% |
| Asset Management industry median | 2.12% |
| Financial sector median | 4.70% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement