# BlackRock Inc. (BLK) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Capital Markets. Price $1122.29, market value $182.3 billion.

## Valuation
- **P/E (trailing): 26.9×** (5-yr avg 23.5×, 3-yr avg 24.9×). BlackRock Inc. trades at 26.9× trailing earnings, close to its own five-year average of 23.5×. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 17.5×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 6.7×**. Each dollar of revenue is priced at 6.7×.
- **Price / book: 3.0×**. The shares trade at 3.0× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 17.7×**. Enterprise value is 17.7× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 1.9%** (5-yr avg 3.2%). Free cash flow equals 1.9% of the market value, below its five-year average of 3.2%, so the shares are pricier on cash than usual.
- **Earnings yield: 3.7%**. The inverse of the P/E: 3.7% of the price is earned each year.

## Profitability
- **Operating margin: 32.6%**. 32.6% of revenue is left after running the business, an exceptional level.
- **Net margin: 22.9%**. 22.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.9%**. 9.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 12.3%**. Return on all capital, debt included, is 12.3%.
- **Return on assets: 3.9%**. Each dollar of assets produces 3.9% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 18.7%** (3-yr 10.7%/yr). Revenue grew 18.7% over the last year.
- **EPS growth (1 yr): -15.9%** (3-yr 1.3%/yr). Earnings per share fell 15.9%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -7.0%/yr**. Free cash flow has compounded at -7.0% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.
- **Cash and short-term investments: $11.5 billion**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 2.04%** ($21.88 per share, trailing). BlackRock Inc. yields 2.04%, a modest yield more typical of a growth-oriented payer.
- **Consecutive years of increases: 23**. 23 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 7.5%/yr** (1-yr 2.2%). The dividend has grown 7.5% a year over five years.

## Analyst view
- **Analyst consensus: buy** (16 analysts). 16 analysts cover BlackRock Inc.; the consensus is buy, with an average price target of $1320.81 (+18% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 3.3%** (YTD 6.0%, 3-mo 12.7%). The shares are up 3.3% over twelve months including dividends.
- **From 52-week high: -8.0%** (22.3% above the low). Trading 8% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 47**. An RSI of 47 is neutral.
- **Beta (1 yr): 1.18** (volatility 27%). Beta of 1.18 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=BLK · Page: https://foliofundamentals.com/stocks/blk

Not investment advice.