BlackRock Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $692.075
- Today's High:
- $702.73
- Open Price:
- $693.35
- 52W Low:
- $496.0853
- 52W High:
- $776.1477
- Prev. Close:
- $695.93
- Volume:
- 311576
Company Statistics
- Market Cap.:
- $101.31 billion
- Book Value:
- 251.573
- Revenue TTM:
- $17.42 billion
- Operating Margin TTM:
- 35.32%
- Gross Profit TTM:
- $8.79 billion
- Profit Margin:
- 28.13%
- Return on Assets TTM:
- 2.91%
- Return on Equity TTM:
- 12.32%
Company Profile
BlackRock Inc had its IPO on 1999-10-01 under the ticker symbol BLK.
The company operates in the Financial Services sector and Asset Management industry. BlackRock Inc has a staff strength of 19,500 employees.
Stock update
Shares of BlackRock Inc opened at $693.35 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $692.08 - $702.73, and closed at $697.34.
This is a +0.2% increase from the previous day's closing price.
A total volume of 311,576 shares were traded at the close of the day’s session.
In the last one week, shares of BlackRock Inc have slipped by -0.54%.
BlackRock Inc's Key Ratios
BlackRock Inc has a market cap of $101.31 billion, indicating a price to book ratio of 2.8757 and a price to sales ratio of 5.6251.
In the last 12-months BlackRock Inc’s revenue was $17.42 billion with a gross profit of $8.79 billion and an EBITDA of $6.58 billion. The EBITDA ratio measures BlackRock Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, BlackRock Inc’s operating margin was 35.32% while its return on assets stood at 2.91% with a return of equity of 12.32%.
In Q1, BlackRock Inc’s quarterly earnings growth was a negative -18.3% while revenue growth was a negative 9.7%.
BlackRock Inc’s PE and PEG Ratio
- Forward PE
- 20.8768
- Trailing PE
- 20.5808
- PEG
- 13.9056
Its diluted EPS in the last 12-months stands at $32.87 per share while it has a forward price to earnings multiple of 20.8768 and a PEG multiple of 13.9056. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into BlackRock Inc’s profitability.
BlackRock Inc stock is trading at a EV to sales ratio of 5.8167 and a EV to EBITDA ratio of 14.7049. Its price to sales ratio in the trailing 12-months stood at 5.6251.
BlackRock Inc stock pays annual dividends of $19.64 per share, indicating a yield of 2.99% and a payout ratio of 58.51%.
Balance sheet and cash flow metrics
- Total Assets
- $120.05 billion
- Total Liabilities
- $1.82 billion
- Operating Cash Flow
- $-222000000.00
- Capital Expenditure
- $81 million
- Dividend Payout Ratio
- 58.51%
BlackRock Inc ended 2024 with $120.05 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $120.05 billion while shareholder equity stood at $37.71 billion.
BlackRock Inc ended 2024 with $3.44 billion in deferred long-term liabilities, $1.82 billion in other current liabilities, 2000000.00 in common stock, $30.24 billion in retained earnings and $15.34 billion in goodwill. Its cash balance stood at $5.64 billion and cash and short-term investments were $5.64 billion. The company’s total short-term debt was $1,823,000,000 while long-term debt stood at $6.67 billion.
BlackRock Inc’s total current assets stands at $9.22 billion while long-term investments were $8.17 billion and short-term investments were $0. Its net receivables were $3.58 billion compared to accounts payable of $2.20 billion and inventory worth $0.
In 2024, BlackRock Inc's operating cash flow was $-222000000.00 while its capital expenditure stood at $81 million.
Comparatively, BlackRock Inc paid $0.59 in dividends in 2024.
Other key metrics
- Current Trading Price
- $697.34
- 52-Week High
- $776.1477
- 52-Week Low
- $496.0853
- Analyst Target Price
- $696.11
BlackRock Inc stock is currently trading at $697.34 per share. It touched a 52-week high of $776.1477 and a 52-week low of $776.1477. Analysts tracking the stock have a 12-month average target price of $696.11.
Its 50-day moving average was $700.7 and 200-day moving average was $684.57 The short ratio stood at 3.96 indicating a short percent outstanding of 0%.
Around 102.5% of the company’s stock are held by insiders while 8644.3% are held by institutions.
Frequently Asked Questions About BlackRock Inc
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About
BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston