BLK Stock Analysis: BlackRock | NYSE
Asset Management | NYSE, USA | Market Cap: 182.045m USD | 12M Return: 15.3% | US09290D1019 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 856M
EPS Trend: 98.8%
Qual. Beats: 4
Rev. Trend: 99.0%
Qual. Beats: 5
Warnings
No concerns identified
Tailwinds
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
BlackRock, Inc. is a publicly owned investment manager founded in 1988 and headquartered in New York, serving institutional, intermediary, and individual clients including pension plans, insurance companies, mutual funds, endowments, governments, sovereign wealth funds, and banks. The firm provides global risk management and advisory services alongside its core investment offerings, managing client-focused equity, fixed income, and balanced portfolios. It launches and manages a broad range of vehicles, including open-end and closed-end mutual funds, offshore funds, unit trusts, hedge funds, structured products, and exchange traded funds spanning equity, fixed income, balanced, currency, commodity, and multi-asset strategies.
The firm invests across public equity, fixed income, real estate, currency, commodity, and alternative markets globally, employing both growth and value approaches across small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies, as well as dividend-paying equities and investment grade fixed income securities. Its investment process combines fundamental and quantitative analysis using bottom-up and top-down methods, and it benchmarks portfolio performance against major indices such as the S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch series. In real estate, the firm focuses on opportunities in Poland and Germany.
Operating within the asset management industry, BlackRock generates revenue primarily through management and advisory fees tied to client assets, with its diversified product suite spanning active management, index strategies, and alternative investments. The firms scale across multiple vehicle types and global markets positions it across traditional and alternative segments of the capital markets.
- ETF inflows drive total AUM growth
- Private markets expansion boosts fee-based revenue
- Rising interest rates lift securities lending income
| Net Income: 6.91b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -0.40 > 1.0 |
| NWC/Revenue: -200.9% < 20% (prev 96.47%; Δ -297.4% < -1%) |
| CFO/TA 0.02 > 3% & CFO 4.14b > Net Income 6.91b |
| Net Debt (4.35b) to EBITDA (11.3b): 0.39 < 3 |
| Current Ratio: 0.25 > 1.5 & < 3 |
| Outstanding Shares: last quarter (164.5m) vs 12m ago 5.04% < -2% |
| Gross Margin: 65.03% > 18% (prev 47.66%; Δ 17.37% > 0.5%) |
| Asset Turnover: 16.76% > 50% (prev 14.07%; Δ 2.69% > 0%) |
| Interest Coverage Ratio: 80.86 > 6 (EBIT TTM 9.87b / Interest Expense TTM 122.0m) |
| A: -0.32 (Total Current Assets 18.6b - Total Current Liabilities 76.0b) / Total Assets 178b |
| B: 0.23 (Retained Earnings 41.0b / Total Assets 178b) |
| C: 0.06 (EBIT TTM 9.87b / Avg Total Assets 170b) |
| D: 0.53 (Book Value of Equity 58.1b / Total Liabilities 110b) |
| Altman-Z'' = -0.42 = B |
| DSRI: 0.96 (Receivables 5.76b/4.80b, Revenue 28.5b/22.9b) |
| GMI: 0.73 (GM 47.66% / 65.03%) |
| AQI: 1.06 (AQ_t 0.89 / AQ_t-1 0.83) |
| SGI: 1.25 (Revenue 28.5b / 22.9b) |
| TATA: 0.02 (NI 6.91b - CFO 4.14b) / TA 178b) |
| Beneish M = -3.08 (Cap -4..+1) = AA |
As of November 11, 2026, the stock is trading at USD 1222.15 with a total of 560,359 shares traded. Over the past week, the price has changed by +5.24%, over one month by +12.75%, over three months by +8.58% and over the past year by +15.30%.
Current recommended Stop Loss: 1148.40 (which is 6% or 2.1 ATR below the current price).
BlackRock has received a consensus analysts rating of 4.61. Therefore, it is recommended to buy BLK.
- StrongBuy: 12
- Buy: 5
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 1361.1 | 11.4% |
P/E Trailing = 26.8413
P/E Forward = 18.0832
P/S = 6.3782
P/B = 3.1316
P/EG = 0.9773
Revenue TTM = 28.5b USD
EBIT TTM = 9.87b USD
EBITDA TTM = 11.3b USD
Long Term Debt = 12.7b USD (from longTermDebt, last quarter)
Short Term Debt = 2.25b USD (from shortTermDebt, last quarter)
Debt = 17.2b USD (from shortLongTermDebtTotal, last quarter) + Leases 2.25b
Net Debt = 4.35b USD (calculated: Debt 17.2b - CCE 12.9b)
Enterprise Value = 186b USD (182b + Debt 17.2b - CCE 12.9b)
Interest Coverage Ratio = 80.86 (Ebit TTM 9.87b / Interest Expense TTM 122.0m)
EV/FCF = 51.92x (Enterprise Value 186b / FCF TTM 3.59b)
FCF Yield = 1.93% (FCF TTM 3.59b / Enterprise Value 186b)
FCF Margin = 12.58% (FCF TTM 3.59b / Revenue TTM 28.5b)
Net Margin = 24.22% (Net Income TTM 6.91b / Revenue TTM 28.5b)
Gross Margin = 65.03% ((Revenue TTM 28.5b - Cost of Revenue TTM 9.98b) / Revenue TTM)
Gross Margin QoQ = 81.77% (prev 82.00%)
Tobins Q-Ratio = 1.05 (Enterprise Value 186b / Total Assets 178b)
Interest Expense / Debt = 0.71% (Interest Expense 122.0m / Debt 17.2b)
Taxrate = 23.33% (2.29b / 9.81b)
NOPAT = 7.56b (EBIT 9.87b * (1 - 23.33%))
Current Ratio = 0.25 (Total Current Assets 18.6b / Total Current Liabilities 76.0b)
Debt / Equity = 0.30 (Debt 17.2b / totalStockholderEquity, last quarter 58.1b)
Debt / EBITDA = 0.39 (Net Debt 4.35b / EBITDA 11.3b)
Debt / FCF = 1.21 (Net Debt 4.35b / FCF TTM 3.59b)
Total Stockholder Equity = 57.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.06% (Net Income 6.91b / Total Assets 178b)
RoE = 12.11% (Net Income TTM 6.91b / Total Stockholder Equity 57.1b)
RoCE = 14.13% (EBIT 9.87b / Capital Employed (Equity 57.1b + L.T.Debt 12.7b))
RoIC = 4.36% (NOPAT 7.56b / Invested Capital 173b)
WACC = 8.19% (E(182b)/V(199b) * Re(8.91%) + D(17.2b)/V(199b) * Rd(0.71%) * (1-Tc(0.23)))
Discount Rate = 8.91% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 91.93 | Cagr: 4.29%
[DCF] Terminal Value 74.17% ; FCFF base≈3.73b ; Y1≈3.47b ; Y5≈3.16b
[DCF] Fair Price = 295.1 (EV 49.9b - Net Debt 4.35b = Equity 45.6b / Shares 154.4m; r=8.35% [WACC [floored]]; 5y FCF grow -8.72% → 2.50% )
EPS Correlation: 98.83 | EPS CAGR: 13.21% | SUE: 4.0 | # QB: 4
Revenue Correlation: 98.99 | Revenue CAGR: 19.01% | SUE: 2.39 | # QB: 5
EPS current Quarter (2027-03-31): EPS=14.92 | Chg30d=+1.48% | Revisions=-30% | Analysts=10
EPS current Year (2026-12-31): EPS=57.85 | Chg30d=+3.10% | Revisions=+71% | GrowthEPS=+20.3% | GrowthRev=+21.9%
EPS next Year (2027-12-31): EPS=64.82 | Chg30d=+1.02% | Revisions=+17% | GrowthEPS=+12.1% | GrowthRev=+11.1%
[Analyst] Revisions Ratio: +31% (up=24, down=12)