BlackRock Inc

Financial Services US BLK

1022.685USD
2.38(0.23%)

Last update at 2024-12-19T18:56:00Z

Day Range

1016.041040.88
LowHigh

52 Week Range

592.23819.00
LowHigh

Fundamentals

  • Previous Close 1020.30
  • Market Cap119369.61M
  • Volume305013
  • P/E Ratio34.48
  • Dividend Yield2.49%
  • EBITDA6636.00M
  • Revenue TTM17565.00M
  • Revenue Per Share TTM117.36
  • Gross Profit TTM 8787.00M
  • Diluted EPS TTM23.27

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 6290.00M 8173.00M 6524.00M 5787.00M 5378.00M
Minority interest 184.00M -304.00000M 354.00M 50.00M -3.00000M
Net income 5178.00M 5901.00M 4932.00M 4476.00M 4305.00M
Selling general administrative 1816.00M 1945.00M 1618.00M 1324.00M 1196.00M
Selling and marketing expenses 331.00M 238.00M 229.00M 350.00M 361.00M
Gross profit 8787.00M 9818.00M 8266.00M 7406.00M 7205.00M
Reconciled depreciation 151.00M 147.00M 358.00M 405.00M 220.00M
Ebit 6385.00M 7450.00M 5695.00M 5551.00M 5702.00M
Ebitda 6792.00M 7722.00M 6481.00M 5829.00M 5752.00M
Depreciation and amortization 407.00M 272.00M 786.00M 278.00M 50.00M
Non operating income net other 117.00M 928.00M 1034.00M 439.00M 105.00M
Operating income 6385.00M 7450.00M 5695.00M 5551.00M 5457.00M
Other operating expenses 11384.00M 11886.00M 9892.00M 8904.00M 8600.00M
Interest expense 212.00M 205.00M 205.00M 203.00M 184.00M
Tax provision 1296.00M 1968.00M 1238.00M 1261.00M 1076.00M
Interest income 95.00M 723.00M 62.00M 97.00M 104.00M
Net interest income -60.00000M -118.00000M -143.00000M -106.00000M -80.00000M
Extraordinary items - - - - -
Non recurring 91.00M - - - 60.00M
Other items - - - - -
Income tax expense 1296.00M 1968.00M 1238.00M 1261.00M 1076.00M
Total revenue 17873.00M 19374.00M 16205.00M 14539.00M 14198.00M
Total operating expenses 2298.00M 2330.00M 1953.00M 1771.00M 1607.00M
Cost of revenue 9086.00M 9556.00M 7939.00M 7133.00M 6993.00M
Total other income expense net -95.00000M 723.00M 829.00M 236.00M -140.00000M
Discontinued operations - - - - -
Net income from continuing ops 4994.00M 6205.00M 5286.00M 4526.00M 4302.00M
Net income applicable to common shares 5178.00M 5901.00M 4932.00M 4476.00M 4305.00M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 117628.00M 152648.00M 176982.00M 168622.00M 159573.00M
Intangible assets 18302.00M 18453.00M 18263.00M 18369.00M 17839.00M
Earning assets - - - - -
Other current assets 5765.00M 7081.00M 16507.00M 15506.00M 20706.00M
Total liab 78843.00M 113755.00M 139326.00M 133693.00M 126033.00M
Total stockholder equity 37744.00M 37693.00M 35283.00M 33547.00M 32374.00M
Deferred long term liab 3381.00M 2758.00M 3673.00M 3734.00M 3571.00M
Other current liab -541.00000M -475.00000M -3673.00000M 15759.00M 20996.00M
Common stock 2.00M 2.00M 2.00M 2.00M 2.00M
Capital stock 2.00M 2.00M 2.00M 2.00M 2.00M
Retained earnings 29876.00M 27688.00M 24334.00M 21662.00M 19282.00M
Other liab 61004.00M 92994.00M 111218.00M 109077.00M 97035.00M
Good will 15341.00M 15351.00M 14551.00M 14562.00M 13526.00M
Other assets 61776.00M 96087.00M 131288.00M 104037.00M 92047.00M
Cash 7416.00M 9323.00M 8664.00M 4829.00M 6488.00M
Cash and equivalents 7416.00M 9323.00M 8664.00M 4829.00M 6488.00M
Total current liabilities 1294.00M 1397.00M 1028.00M 1167.00M 1292.00M
Current deferred revenue - - 3673.00M - -
Net debt 1073.00M -5.00000M -1400.00000M 126.00M -1425.00000M
Short term debt 1835.00M 1872.00M 100.00M 0.00000M 0.00000M
Short long term debt - - - - -
Short long term debt total 8489.00M 9318.00M 7264.00M 4955.00M 5063.00M
Other stockholder equity 8967.00M 10553.00M 11284.00M 12454.00M 13781.00M
Property plant equipment 2547.00M 762.00M 681.00M 715.00M 643.00M
Total current assets 16445.00M 20193.00M 28706.00M 23474.00M 32480.00M
Long term investments 7466.00M 7262.00M 6919.00M 5489.00M 1796.00M
Net tangible assets 5010.00M 2981.00M 4791.00M 1932.00M 2116.00M
Short term investments 7466.00M 7262.00M - - -
Net receivables 3264.00M 3789.00M 3535.00M 3179.00M 5337.00M
Long term debt 6654.00M 7446.00M 7264.00M 4955.00M 4979.00M
Inventory - - - - -
Accounts payable 3566.00M 4348.00M 1028.00M 1167.00M 1292.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 132.00M 113.00M 51.00M 66.00M 59.00M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -1101.00000M -550.00000M -337.00000M -571.00000M -691.00000M
Additional paid in capital - - - - -
Common stock total equity 2.00M 2.00M 2.00M 2.00M 2.00M
Preferred stock total equity - - - - -
Retained earnings total equity 29876.00M 27688.00M 24334.00M 21662.00M 19282.00M
Treasury stock -10805.00000M -9087.00000M -8009.00000M -6732.00000M -5387.00000M
Accumulated amortization - - - - -
Non currrent assets other 54146.00M 86248.00M 107862.00M 106013.00M 93289.00M
Deferred long term asset charges - - - - -
Non current assets total 101183.00M 132455.00M 148276.00M 145148.00M 127093.00M
Capital lease obligations 1835.00M 1872.00M - - -
Long term debt total 6654.00M 7446.00M 7264.00M 4955.00M 4979.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -512.00000M -386.00000M 11.00M -140.00000M 146.00M
Change to liabilities -1343.00000M 829.00M 382.00M -295.00000M 93.00M
Total cashflows from investing activities -1130.00000M -1937.00000M -254.00000M -2014.00000M -808.00000M
Net borrowings -750.00000M 241.00M 2245.00M -8.00000M 40.00M
Total cash from financing activities -5442.00000M -2287.00000M 244.00M -2583.00000M -2765.00000M
Change to operating activities -1358.00000M 315.00M 437.00M -43.00000M -173.00000M
Net income 4994.00M 6205.00M 5286.00M 4526.00M 4302.00M
Change in cash -1907.00000M 659.00M 3835.00M -1659.00000M -591.00000M
Begin period cash flow 9340.00M 8681.00M 4846.00M 6505.00M 7096.00M
End period cash flow 7433.00M 9340.00M 8681.00M 4846.00M 6505.00M
Total cash from operating activities 4956.00M 4944.00M 3743.00M 2884.00M 3075.00M
Issuance of capital stock - - - - -
Depreciation 418.00M 415.00M 358.00M 405.00M 220.00M
Other cashflows from investing activities -597.00000M -1210.00000M -71.00000M -1620.00000M -750.00000M
Dividends paid -2990.00000M -2547.00000M -2260.00000M -2096.00000M 1968.00M
Change to inventory - - - - 25.00M
Change to account receivables 416.00M -322.00000M -313.00000M -433.00000M 4.00M
Sale purchase of stock -2332.00000M -1485.00000M -1809.00000M -1911.00000M -2087.00000M
Other cashflows from financing activities 656.00M 1472.00M 4313.00M 1321.00M 1290.00M
Change to netincome 1259.00M -204.00000M 265.00M 487.00M 192.00M
Capital expenditures 533.00M 341.00M 194.00M 254.00M 204.00M
Change receivables 416.00M -322.00000M -313.00000M -433.00000M 4.00M
Cash flows other operating -788.00000M -1979.00000M -2235.00000M -1806.00000M -1736.00000M
Exchange rate changes - - - - -
Cash and cash equivalents changes -1616.00000M 720.00M 3733.00M -1713.00000M -498.00000M
Change in working capital -897.00000M 658.00M 169.00M -608.00000M -158.00000M
Stock based compensation 708.00M 734.00M 622.00M 567.00M 564.00M
Other non cash items -869.00000M -2203.00000M -2535.00000M -2023.00000M -1627.00000M
Free cash flow 4423.00M 4603.00M 3549.00M 2630.00M 2871.00M

Peer Comparison

Sector: Financial Services Industry: Asset Management

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BLK
BlackRock Inc
2.38 0.23% 1022.68 34.48 22.47 6.68 3.04 6.82 15.82
BX
Blackstone Group Inc
-2.22 1.29% 169.48 63.48 31.95 20.18 20.26 16.48 -
APO
Apollo Global Management LLC Class A
3.70 2.21% 171.14 18.23 20.92 3.08 6.11 2.73 14.76
KKR
KKR & Co LP
1.06 0.74% 144.03 29.90 16.84 4.76 3.56 2.50 4.66
IVSBF
Investor AB ser. B
0.0012 0.0044% 27.07 6.10 - 0.41 1.04 0.24 1.68

Reports Covered

Stock Research & News

Profile

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

BlackRock Inc

55 East 52nd Street, New York, NY, United States, 10055

Key Executives

Name Title Year Born
Mr. Laurence Douglas Fink Chairman & CEO 1952
Mr. Robert Steven Kapito Pres & Director 1956
Mr. Gary Stephen Shedlin Chief Financial Officer 1963
Mr. Robert Lawrence Goldstein Sr. MD, COO & Global Head of BlackRock Solutions 1974
Mr. J. Richard Kushel Sr. MD & Head of the Portfolio Management Group 1967
Dr. Bennett W. Golub Ph.D. Co-Founder 1958
Mr. Mark McKenna Founder, MD, Global Head of Event Driven Equity Strategies & Portfolio Mang. NA
Mr. Tom Wojcik Chief Financial Officer of EMA NA
Dr. Jeff Shen Ph.D. MD, Co-CIO & Co-Head of Systematic Active Equity (SAE) NA
Mr. Antonio DeSpirito III MD & Chief Investment Officer of U.S. Fundamental Active Equity 1968

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