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BlackRock Inc Stock Research

BLK

636.98USD+5.24(+0.83%)Market Closed

Market Summary

USD636.98+5.24
Market Closed
0.83%

BLK Alerts

BLK Stock Price

BLK RSI Chart

BLK Valuation

Market Cap

95.4B

Price/Earnings (Trailing)

18.42

Price/Sales (Trailing)

5.34

EV/EBITDA

13.67

Price/Free Cashflow

21.57

BLK Price/Sales (Trailing)

BLK Profitability

EBT Margin

35.19%

Return on Equity

13.72%

Return on Assets

4.4%

Free Cashflow Yield

4.64%

BLK Fundamentals

BLK Revenue

Revenue (TTM)

17.9B

Revenue Y/Y

-15.06%

Revenue Q/Q

0.6%

BLK Earnings

Earnings (TTM)

5.2B

Earnings Y/Y

-23.37%

Earnings Q/Q

-10.46%

Price Action

52 Week Range

503.12785.65
(Low)(High)

Last 7 days

-6.3%

Last 30 days

-14.3%

Last 90 days

-9.5%

Trailing 12 Months

-10.1%

BLK Financial Health

Debt/Equity

0.18

Debt/Cashflow

0.74

BLK Investor Care

Buy Backs (1Y)

1.27%

Diluted EPS (TTM)

33.97

Peers (Alternatives to BlackRock)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
109.2B
20.8B
-25.95% -27.75%
15.21
5.26
12.11% 22.68%
105.5B
39.7B
-16.53% -3.22%
9.37
2.66
-24.93% -47.95%
95.4B
17.9B
-14.27% -10.09%
18.42
5.34
-7.75% -12.25%
19.2B
11.5B
-23.15% -11.77%
12.23
1.67
10.02% 2.28%
14.6B
718.3M
7.35% 10.21%
58.43
20.35
2.77% -2.97%
MID-CAP
7.9B
2.7B
-12.10% 23.15%
4.31
2.95
95.77% 12.59%
7.5B
2.0B
-12.37% -3.86%
15.68
3.75
3.79% -13.01%
6.2B
4.6B
-17.08% -14.81%
9.36
1.35
-3.98% -19.72%
1.9B
64.7B
-11.71% 27.62%
8
0.03
35.87% 74.73%
SMALL-CAP
1.9B
1.4B
-16.05% 8.57%
17.38
1.34
-29.71% -60.26%
1.8B
2.4B
-12.59% -48.39%
6.93
0.78
-15.89% -44.42%
1.1B
1.5B
0.39% 32.10%
14.3
0.71
-27.22% -74.14%
816.3M
10.3M
-0.68% -10.61%
-15.36
79.32
-29.47% -152.67%
445.7M
1.1B
-15.80% -8.69%
13.78
0.4
-20.31% -79.65%
167.9M
258.5M
-24.81% -44.51%
51.29
0.65
-18.61% -92.26%

Financials for BlackRock

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-4.1%17,87318,64219,38119,67519,374
Operating Expenses-1.3%11,48811,64511,97512,00611,924
  S&GA Expenses0.7%2,1602,1442,2012,1322,221
EBITDA-6.2%6,9207,3747,9508,664-
EBITDA Margin-2.1%0.39*0.40*0.41*0.44*-
Earnings Before Taxes-6.8%6,2906,7487,3288,2088,173
EBT Margin-2.8%0.35*0.36*0.38*0.42*-
Interest Expenses1.9%212208206204205
Net Income-6.9%5,1785,5625,8376,1385,901
Net Income Margin-2.9%0.29*0.30*0.30*0.31*-
Free Cahsflow1.1%4,4234,3754,4884,655-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.9%117,628115,430125,966143,327152,648
    Cash Equivalents9.1%7,4166,7976,4817,2629,323
  Net PPE6.8%1,031965900851762
  Goodwill0.0%15,34115,34415,34615,34915,351
Liabilities2.0%78,84377,31387,661104,468113,755
  Long Term Debt1.0%6,6546,5916,6357,4307,446
Shareholder's Equity1.6%37,74437,16237,20237,59637,693
  Additional Paid-In Capital0.8%19,77219,60919,46919,30219,640
Accumulated Depreciation-0.2%1,3901,3931,3441,3091,256
Shares Outstanding-0.5%150150151152152
Minority Interest3.9%132127113107113
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations1.1%4,9564,9004,9145,0954,944
  Share Based Compensation-1.5%708719732739734
Cashflow From Investing-5.4%-1,130-1,072-1,002-985-1,937
Cashflow From Financing-39.3%-5,442-3,908-3,493-3,047-2,287
  Dividend Payments3.6%2,9902,8862,7792,6722,547
  Buy Backs9.5%2,3322,1302,0551,8531,485

Risks for BLK

What is the probability of a big loss on BLK?

61.5%


Probability that BlackRock stock will be more than 20% underwater in next one year

46.9%


Probability that BlackRock stock will be more than 30% underwater in next one year.

2.3%


Probability that BlackRock stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BLK drawdown profile look like?

Y-axis is the maximum loss one would have experienced if BlackRock was unfortunately bought at previous high price.

Drawdowns

Returns for BLK

Cumulative Returns on BLK

12.0%


10-Year Cumulative Returns

12.0%


7-Year Cumulative Returns

4.6%


5-Year Cumulative Returns

17.1%


3-Year Cumulative Returns

What are the long-term rolling returns for BLK?

FIve years rolling returns for BlackRock.

Annualized Returns

Which funds bought or sold BLK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-20.99
36,563
2,136,560
0.06%
2023-03-13
Claro Advisors LLC
added
3.58
104,418
615,418
0.20%
2023-03-10
MATHER GROUP, LLC.
new
-
722,459
722,459
0.01%
2023-03-10
BAILLIE GIFFORD & CO
added
14.29
5,007
17,007
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
11.17
12,083,200
40,082,200
0.04%
2023-03-08
SHEETS SMITH WEALTH MANAGEMENT
added
0.08
610,565
2,723,560
0.43%
2023-03-08
Capital Asset Advisory Services LLC
reduced
-14.09
99,921
740,921
0.06%
2023-03-07
Great Lakes Retirement, Inc.
new
-
1,635,920
1,635,920
0.42%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-0.16
21,869,000
98,428,000
0.50%
2023-03-03
TIAA, FSB
reduced
-18.39
489,427
10,077,400
0.04%

1–10 of 46

Latest Funds Activity

Are funds buying BLK calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own BLK
No. of Funds

BlackRock News

Seeking Alpha

Nurix: Promising Early Data From This Protein Degrader Company ....

Seeking Alpha,
3 hours ago

Seeking Alpha

Schedule 13G FIlings of BlackRock

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
blackrock inc.
7.0%
10,455,014
SC 13G/A
Feb 13, 2023
capital world investors
1.6%
2,351,137
SC 13G/A
Feb 09, 2023
vanguard group inc
9.04%
13,580,827
SC 13G/A
Feb 11, 2022
capital world investors
5.1%
7,799,669
SC 13G
Feb 09, 2022
vanguard group inc
8.05%
12,236,134
SC 13G/A
Feb 03, 2022
blackrock inc.
6.7%
10,141,086
SC 13G/A
Sep 14, 2021
wilshire advisors llc
-
0
SC 13G/A
Feb 25, 2021
van eck associates corp
0.00%
0
SC 13G/A
Feb 11, 2021
van eck associates corp
5.79%
1,073,549
SC 13G
Feb 10, 2021
vanguard group inc
7.96%
12,137,641
SC 13G/A

BLK Fair Value

BlackRock fair value in different scenarios

The table shows the Fair Value estimates for BlackRock for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

443.27

-30.41%

539.83

-15.25%

697.56

9.51%

992.47

55.81%

1216.06

90.91%
Current Inflation

411.02

-35.47%

493.64

-22.50%

625.73

-1.77%

872.42

36.96%

1059.13

66.27%
Very High Inflation

371.06

-41.75%

437.49

-31.32%

540.51

-15.14%

733.23

15.11%

878.85

37.97%

Historical BlackRock Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of BlackRock

View All Filings
Date Filed Form Type Document
Mar 15, 2023
DEFA14A
DEFA14A
Mar 15, 2023
DEFA14A
DEFA14A
Mar 10, 2023
SC 13G/A
Major Ownership Report
Mar 08, 2023
SC 13G/A
Major Ownership Report
Mar 08, 2023
SC 13G/A
Major Ownership Report
Mar 08, 2023
SC 13G/A
Major Ownership Report
Mar 08, 2023
SC 13G/A
Major Ownership Report
Mar 08, 2023
SC 13G/A
Major Ownership Report
Mar 08, 2023
SC 13G/A
Major Ownership Report
Mar 08, 2023
SC 13G/A
Major Ownership Report

Latest Insider Trading transactions for BLK

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-27
Kushel J. Richard
sold
-396,208
689
-575
senior managing director
2023-02-09
Comerchero Marc D.
sold
-473,631
728
-650
principal accounting officer
2023-02-07
Kushel J. Richard
sold
-742,310
742
-1,000
senior managing director
2023-02-03
Cohen Stephen
sold
-294,941
756
-390
senior managing director
2023-02-03
Wiedman Mark
sold
-1,510,360
755
-2,000
senior managing director
2023-02-03
Kushel J. Richard
sold
-2,297,980
760
-3,021
senior managing director
2023-02-02
Wiedman Mark
sold
-955,446
774
-1,233
senior managing director
2023-02-02
Kushel J. Richard
sold
-1,388,110
777
-1,786
senior managing director
2023-01-31
FINK LAURENCE
sold (taxes)
-12,785,400
747
-17,096
chairman and ceo
2023-01-31
Wiedman Mark
sold (taxes)
-4,147,630
747
-5,546
senior managing director

1–10 of 50

Laurence D. Fink
18400
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, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.

BLK Income Statement

2022-12-31
Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue   
Total revenue$ 17,873$ 19,374$ 16,205
Expense   
Employee compensation and benefits5,6816,0435,041
Distribution and servicing costs2,1792,2001,835
Direct fund expense1,2261,3131,063
General and administration expense2,1602,2212,465
Restructuring Charges9100
Amortization of intangible assets151147106
Total expense11,48811,92410,510
Operating income6,3857,4505,695
Nonoperating income (expense)   
Net gain (loss) on investments(35)841972
Interest and dividend income1528762
Interest expense(212)(205)(205)
Total nonoperating income (expense)(95)723829
Income before income taxes6,2908,1736,524
Income tax expense1,2961,9681,238
Net income4,9946,2055,286
Net income (loss) attributable to noncontrolling interests(184)304354
Net income attributable to BlackRock, Inc.$ 5,178$ 5,901$ 4,932
Earnings per share attributable to BlackRock, Inc. common stockholders:   
Basic$ 34.31$ 38.76$ 32.13
Diluted$ 33.97$ 38.22$ 31.85
Weighted-average common shares outstanding:   
Basic150,921,161152,236,047153,489,422
Diluted152,440,471154,404,357154,840,582
Investment Advisory, Administration Fees and Securities Lending Revenue [Member]   
Revenue   
Total revenue$ 14,451$ 15,260$ 12,639
Investment Advisory, Administration Fees and Securities Lending Revenue [Member] | Related Parties [Member]   
Revenue   
Total revenue10,84811,4749,079
Investment Advisory, Administration Fees and Securities Lending Revenue [Member] | Other Third Parties [Member]   
Revenue   
Total revenue3,6033,7863,560
Investment Advisory Performance Fees [Member]   
Revenue   
Total revenue5141,1431,104
Technology Services Revenue [Member]   
Revenue   
Total revenue1,3641,2811,139
Distribution Fees [Member]   
Revenue   
Total revenue1,3811,5211,131
Advisory and Other Revenue [Member]   
Revenue   
Total revenue$ 163$ 169$ 192