Reading the tape
NYSE: BLK
BlackRock, Inc.
Financial Services · Asset Management
Market Cap
$168.54B
52w High
$1,219.94
52w Low
$917.39
P/E
26.93
Volume
360.15K
Outstanding Shares
155.37M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
1Y Price: 16.82%Revenue (TTM): 22.69%FCF (TTM): -10.16%P/FCF: 100th pct
What changed
The stock rose 16.82% over the last year. Revenue grew 22.69% over the trailing twelve months. Operating margin moved from 36.17% to 29.87%. Free cash flow declined 10.16% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher with no clear directional signal from operating metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 29.87%. A decisive move in revenue — currently up 22.69% — would be the clearest signal to resolve the ambiguity.
Company profile
BlackRock, Inc. is a publicly owned investment manager.
CEOLaurence Douglas Fink
SectorFinancial Services
IndustryAsset Management
Employees22,600
IPO dateOct 1, 1999
Valuation
Forward P/E—
EV/EBITDA20.01
Enterprise value$169.54B
Price / Book3.02
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth28.32%
Gross margin59.14%▲12.34%vs FY2024
Operating margin29.87%▼21.62%vs FY2024
ROE9.94%▼25.91%vs FY2024
Analyst consensus
RatingBuy
Target price$1,311.78▲20.92%
25
Buy
8
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 21, 2026
Q3 FY26 · EPS est $12.53 · Revenue est $6.69B
View
Dividends
$21.36/shareQuarterlyDividend Achiever · 21yrAdequateBLK pays a dividend with a 1.97% dividend yield, 21 consecutive years of growth, growing at 7.3% annually, covered 1.1× by free cash flow.
Dividend Yield
1.97%
Annual Div / Share
$21.36
5yr CAGR
+7.3%
Doubles every ~9.8yr
Payout Ratio
55.67%
Adequate
Dividend Growth Rate
3yr CAGR
+2.84%
5yr CAGR
+7.3%
10yr CAGR
+9.24%
Dividend Safety
6/10Adequate
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2025$21.36+4.1%
2024$20.51+2.0%
2023$20.10+2.3%
2022$19.64+13.7%
2021$17.27+15.0%
2020$15.02+11.0%
2019$13.53+8.8%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$20/yr
$2/mo
In 5 yrs
$28/yr+42%
$2/mo
In 10 yrs
$40/yr+102%
$3/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$20/yr $2/mo | $28/yr+42% $2/mo | $40/yr+102% $3/mo |
Yield-on-cost grows from 1.97% → 3.98% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
BLK has raised its dividend for 21 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Strong dividend growth rate
The 5-year CAGR of 7.3% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.
Congressional Activity
Congress Trades in BLK
STOCK Act disclosures from senators and representatives.
- RM
Richard Dean Dr McCormick
GAhouseRepublicanPurchase2026-03-19$1,001 - $15,000+19d to disclose 
Shelley Moore Capito
WVsenateRepublicanSaleSpouse2026-02-10$1,001 - $15,000+22d to disclose