(BLK) BlackRock - Overview
Stock: ETFs, Mutual Funds, Hedge Funds, Advisory Services, Portfolio Management
| Risk 5d forecast | |
|---|---|
| Volatility | 23.6% |
| Relative Tail Risk | -6.39% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.42 |
| Alpha | -1.63 |
| Character TTM | |
|---|---|
| Beta | 1.101 |
| Beta Downside | 1.228 |
| Drawdowns 3y | |
|---|---|
| Max DD | 23.74% |
| CAGR/Max DD | 0.84 |
EPS (Earnings per Share)
Revenue
Description: BLK BlackRock January 26, 2026
BlackRock, Inc. (NYSE: BLK) is the world’s largest asset manager, offering a full-service platform that spans institutional, intermediary and retail clients. Its product suite includes active equity, fixed-income and balanced funds; a broad array of ETFs (including the iShares family); alternative vehicles such as hedge funds and structured products; and global risk-management and advisory services. The firm’s investment process blends fundamental and quantitative analysis with both bottom-up and top-down perspectives, and it benchmarks performance against a range of S&P, Russell, MSCI and other leading indices.
As of the most recent Q3 2024 filing, BlackRock reported ≈ $10.1 trillion in assets under management (AUM), up 3.2 % year-over-year, driven primarily by net inflows into its iShares ETF franchise (+$45 bn) and continued growth in its active-management platform (+$12 bn). Revenue for the quarter was $4.8 billion, yielding a net profit margin of 22 %, consistent with the 2023 average. The firm’s expense ratio on its active equity mandates has narrowed to 0.45 % (down from 0.48 % in 2022), reflecting ongoing fee-compression pressure across the asset-management sector.
Key macro-drivers of BlackRock’s outlook include the U.S. interest-rate trajectory (higher yields boost fixed-income AUM but can suppress equity valuations), the accelerating shift toward passive investing (which benefits its ETF business but challenges active-management fees), and the growing demand for ESG-aligned products-its iShares ESG ETFs now hold >$300 bn, a 15 % YoY increase. In the real-estate niche, BlackRock is concentrating on Poland and Germany, markets that have shown relative resilience amid broader European economic slowdown.
For a deeper, data-driven breakdown of BlackRock’s valuation and risk profile, a quick look at ValueRay can help you spot the most material drivers.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income: 5.55b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -0.50 > 1.0 |
| NWC/Revenue: 91.31% < 20% (prev 115.9%; Δ -24.58% < -1%) |
| CFO/TA 0.03 > 3% & CFO 4.27b > Net Income 5.55b |
| Net Debt (15.04b) to EBITDA (8.44b): 1.78 < 3 |
| Current Ratio: 14.41 > 1.5 & < 3 |
| Outstanding Shares: last quarter (165.4m) vs 12m ago 5.35% < -2% |
| Gross Margin: 61.07% > 18% (prev 0.49%; Δ 6057 % > 0.5%) |
| Asset Turnover: 16.05% > 50% (prev 14.72%; Δ 1.33% > 0%) |
| Interest Coverage Ratio: 8.33 > 6 (EBITDA TTM 8.44b / Interest Expense TTM 738.0m) |
Altman Z'' 1.92
| A: 0.14 (Total Current Assets 23.72b - Total Current Liabilities 1.65b) / Total Assets 162.68b |
| B: 0.23 (Retained Earnings 37.58b / Total Assets 162.68b) |
| C: 0.04 (EBIT TTM 6.15b / Avg Total Assets 150.65b) |
| D: 0.0 (Book Value of Equity 0.0 / Total Liabilities 100.83b) |
| Altman-Z'' Score: 1.92 = BBB |
Beneish M
| DSRI: none (Receivables none/4.45b, Revenue 24.18b/20.41b) |
| GMI: 0.81 (GM 61.07% / 49.42%) |
| AQI: none (AQ_t none / AQ_t-1 none) |
| SGI: 1.18 (Revenue 24.18b / 20.41b) |
| TATA: 0.01 (NI 5.55b - CFO 4.27b) / TA 162.68b) |
| Beneish M-Score: cannot calculate (missing components) |
What is the price of BLK shares?
Over the past week, the price has changed by +2.07%, over one month by -1.48%, over three months by +10.72% and over the past year by +12.80%.
Is BLK a buy, sell or hold?
- StrongBuy: 9
- Buy: 7
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the BLK price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 1328.4 | 21.5% |
| Analysts Target Price | 1328.4 | 21.5% |
BLK Fundamental Data Overview February 22, 2026
P/E Forward = 19.7239
P/S = 7.0069
P/B = 2.9934
P/EG = 1.1081
Revenue TTM = 24.18b USD
EBIT TTM = 6.15b USD
EBITDA TTM = 8.44b USD
Long Term Debt = 12.77b USD (from longTermDebt, two quarters ago)
Short Term Debt = 2.28b USD (from shortTermDebt, two quarters ago)
Debt = 15.04b USD (from shortLongTermDebtTotal, two quarters ago)
Net Debt = 15.04b USD (using Total Debt 15.04b, CCE unavailable)
Enterprise Value = 184.72b USD (169.68b + Debt 15.04b - (null CCE))
Interest Coverage Ratio = 8.33 (Ebit TTM 6.15b / Interest Expense TTM 738.0m)
EV/FCF = 46.97x (Enterprise Value 184.72b / FCF TTM 3.93b)
FCF Yield = 2.13% (FCF TTM 3.93b / Enterprise Value 184.72b)
FCF Margin = 16.27% (FCF TTM 3.93b / Revenue TTM 24.18b)
Net Margin = 22.97% (Net Income TTM 5.55b / Revenue TTM 24.18b)
Gross Margin = 61.07% ((Revenue TTM 24.18b - Cost of Revenue TTM 9.41b) / Revenue TTM)
Gross Margin QoQ = 82.41% (prev 59.90%)
Tobins Q-Ratio = 1.14 (Enterprise Value 184.72b / Total Assets 162.68b)
Interest Expense / Debt = 0.11% (Interest Expense 16.0m / Debt 15.04b)
Taxrate = 23.15% (372.0m / 1.61b)
NOPAT = 4.73b (EBIT 6.15b * (1 - 23.15%))
Current Ratio = 14.41 (Total Current Assets 23.72b / Total Current Liabilities 1.65b)
Debt / Equity = 0.27 (Debt 15.04b / totalStockholderEquity, two quarters ago 55.52b)
Debt / EBITDA = 1.78 (Net Debt 15.04b / EBITDA 8.44b)
Debt / FCF = 3.82 (Net Debt 15.04b / FCF TTM 3.93b)
Total Stockholder Equity = 50.05b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.69% (Net Income 5.55b / Total Assets 162.68b)
RoE = 11.10% (Net Income TTM 5.55b / Total Stockholder Equity 50.05b)
RoCE = 9.79% (EBIT 6.15b / Capital Employed (Equity 50.05b + L.T.Debt 12.77b))
RoIC = 7.44% (NOPAT 4.73b / Invested Capital 63.52b)
WACC = 9.16% (E(169.68b)/V(184.72b) * Re(9.97%) + D(15.04b)/V(184.72b) * Rd(0.11%) * (1-Tc(0.23)))
Discount Rate = 9.97% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 3.26%
[DCF Debug] Terminal Value 73.52% ; FCFF base≈3.98b ; Y1≈3.88b ; Y5≈3.92b
Fair Price DCF = 266.8 (EV 56.42b - Net Debt 15.04b = Equity 41.38b / Shares 155.1m; r=9.16% [WACC]; 5y FCF grow -3.44% → 2.90% )
EPS Correlation: 75.86 | EPS CAGR: 9.02% | SUE: 2.57 | # QB: 1
Revenue Correlation: 85.73 | Revenue CAGR: 11.09% | SUE: 2.85 | # QB: 2
EPS next Quarter (2026-03-31): EPS=12.45 | Chg30d=+0.093 | Revisions Net=+0 | Analysts=12
EPS current Year (2026-12-31): EPS=54.44 | Chg30d=+0.172 | Revisions Net=+5 | Growth EPS=+13.2% | Growth Revenue=+15.7%
EPS next Year (2027-12-31): EPS=61.98 | Chg30d=+0.089 | Revisions Net=+4 | Growth EPS=+13.9% | Growth Revenue=+10.4%