10Y annualized return is
average
at 9.6% per year
BLK has met or exceeded earnings expectations in
all
recent quarters (10/10)
Strong Gross Profit Margin
Low Debt Levels
Strong Return on Equity
High Net Profit Margin
Excellent Liquidity Ratios
Strong Interest Coverage
Record Financial Performance
Strong Market Position
High Operating Margins
Growth Opportunities from Acquisitions
Innovation in Retirement Solutions
Strong Demand for Fixed Income and Alternatives
High Price-to-Earnings Ratio
Elevated Price-to-Sales Ratio
Moderate Operating Profit Margin
Moderate Dividend Payout Ratio
Dependence on Market Conditions
Regulatory Challenges
BlackRock demonstrates strong business quality through record financial performance, a solid market position, and high operating margins. The future prospects appear promising with growth opportunities from strategic acquisitions and innovative product offerings, although regulatory challenges and market conditions remain as potential risks.
Analysis Date: January 15, 2025
Last Updated: March 11, 2025
Past performance does not guarantee future results. The data presented is indicative and may not be updated in real-time.
BlackRock, Inc. is a large company that helps people and organizations manage their money. They invest money for different types of clients, such as companies, governments, and individuals, by putting it into things like stocks and bonds. BlackRock also creates and manages investment funds, which are collections of money from many investors that are used to buy various assets. Overall, their goal is to help clients grow their money while managing risks.
Streams of revenue
Geographic Distribution
Core Products
Business Type
Business to Business
Competitive Advantages
Key Business Risks
Trailing Twelve Months (TTM) values provide a view of the company's performance over the last year.
Benjamin Graham's value investing approach focuses on finding stocks with a significant margin of safety between their intrinsic value and market price.
Intrinsic Value
Estimated fair value based on Graham's formula
$988.80
Current Market Price: $823.96
IV/P Ratio: 1.20x (>1.0 indicates undervalued)
Margin of Safety
Gap between intrinsic value and market price
17.0%
Graham recommended a minimum of 20-30% margin of safety
Higher values indicate a greater potential discount to fair value
Graham Criteria Checklist
Benjamin Graham's value investing checklist for BLK
Positive earnings (5+ years)
Dividend history (5+ years)
P/E ratio ≤ 20 (20.29)
P/B ratio ≤ 1.5 (2.96)
Current ratio ≥ 2.0 (16.40x)
Long-term debt < Net current assets (0.60x)
Margin of safety (17.0%)
BLK does not meet all Graham criteria
Trailing Twelve Months (TTM) values provide a view of the company's performance over the last year.
Profitability metrics measure a company's ability to generate earnings relative to its revenue, operating costs, and other relevant metrics. Higher values generally indicate better performance.
Return on Equity (ROE)
Measures how efficiently a company uses its equity to generate profits
15.59%
Higher values indicate better returns for shareholders
TTM (as of 2025-04-30)
Gross Profit Margin
Percentage of revenue retained after accounting for cost of goods sold
72.59%
Higher values indicate better efficiency in production
TTM (as of 2025-04-30)
Net Profit Margin
Percentage of revenue retained after accounting for all expenses
30.44%
Higher values indicate better overall profitability
TTM (as of 2025-04-30)
A return on equity of 15.47% indicates that BLK is effectively generating profit from its equity base.
With a net profit margin of 30.44%, BLK shows excellent profitability, retaining a significant portion of revenue as profit.
Although the operating profit margin is robust at 38.63%, it may be lower compared to industry peers, potentially affecting competitive position.
Financial health metrics assess a company's ability to meet its financial obligations and its overall financial stability.
Debt to Equity Ratio
Total debt divided by total equity
0.33x
Lower values indicate less financial leverage and risk
Less than 1.0 is conservative, 1.0-2.0 is moderate, >2.0 indicates high risk
Q4 2024
Current Ratio
Current assets divided by current liabilities
16.40x
Higher values indicate better short-term liquidity
Less than 1.0 is concerning, 1.0-2.0 is adequate, greater than 2.0 is good
Q4 2024
The current ratio of 16.40 and quick ratio of 16.40 highlight BLK's strong liquidity position, suggesting it can easily meet short-term obligations.
An interest coverage ratio of 21.05 indicates that BLK can comfortably cover its interest expenses, reflecting financial stability.
A dividend payout ratio of 48.69% suggests that nearly half of earnings are paid out as dividends, which may limit reinvestment opportunities.
Meeting Expectations
Higher values indicate better execution and credibility
Recent Results
EPS
Revenue
BlackRock achieved a milestone year with record net inflows of $641 billion, annual revenue of $20.4 billion up 14% year-over-year, and operating income up 23%. This reflects strong client demand and effective business strategies.
BlackRock is positioned as a leader in the ETF market with industry-leading inflows and a strong foundation in private markets and technology services, supported by strategic acquisitions like GIP and upcoming acquisitions of HPS and Preqin.
The company reported strong operating margins, at 44.5%, reflecting effective cost management and operational efficiency.
The business model's performance is highly sensitive to market conditions, which can affect inflows and revenue, particularly in volatile environments.
The integration of GIP, HPS, and Preqin is expected to enhance BlackRock's private market capabilities and contribute significantly to revenue growth, targeting over 20% of overall revenue from these areas.
BlackRock is exploring innovative retirement products that integrate private markets into target date funds, which could revolutionize retirement planning and improve outcomes for clients.
With changing market dynamics, there is increasing demand for fixed-income products and alternative investments, positioning BlackRock to capture significant market share in these segments.
The potential for private markets to break into retirement plans is contingent on regulatory changes, which may limit the pace of growth in this sector.
Insider trading data shows purchase and sale activities by company executives and board members.
Insider trading patterns can provide insights into how company executives and board members view the stock's future prospects.
Insiders are selling significantly more than buying (ratio: 0.26x)
Total Bought
Total value of insider purchases in recent quarters
$10328
Higher values indicate stronger insider confidence
Total Sold
Total value of insider sales in recent quarters
$39185
Lower values relative to buying indicate possible undervaluation
Active Insiders
Number of insiders trading in recent quarters
8
High insider activity
Recent Trend
Change in insider trading pattern
BLK: No trend data available