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BlackRock Inc
Previous close
$945.02
Year range
$596.18 - $952.75
Market cap
139.98B USD
Avg Volume
455.58K
P/E ratio
23.46
Dividend yield
2.16%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Revenue | 4.80B | 7.66% |
Operating expense | 559.00M | 6.27% |
Net income | 1.50B | 9.44% |
Net profit margin | 31.11 | 1.63% |
Earnings per share | 10.36 | 11.64% |
EBITDA | 1.92B | 11.68% |
Effective tax rate | 23.68% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 10.54B | 59.15% |
Total assets | 125.27B | 2.14% |
Total liabilities | 83.03B | 0.34% |
Total equity | 42.24B | — |
Shares outstanding | 148.13M | — |
Price to book | 3.49 | — |
Return on assets | 3.64% | — |
Return on capital | 8.45% | — |
Cash Flow
Net change in cash
(USD) | Jun 2024info | Y/Y change |
---|---|---|
Net income | 1.50B | 9.44% |
Cash from operations | 1.36B | 38.58% |
Cash from investing | 163.00M | 158.01% |
Cash from financing | -641.00M | -245.68% |
Net change in cash | 854.00M | -28.24% |
Free cash flow | 1.53B | 35.58% |
About
BlackRock, Inc. is an American multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$10 trillion in assets under management as of December 31, 2023. Headquartered at 50 Hudson Yards in Midtown Manhattan, New York City, BlackRock has 78 offices in 38 countries, and clients in 100 countries. BlackRock is the manager of the iShares group of exchange-traded funds, and along with The Vanguard Group and State Street, it is considered to be one of the Big Three index fund managers. Its Aladdin software keeps track of investment portfolios for many major financial institutions and its BlackRock Solutions division provides financial risk management services. As of 2023, BlackRock was ranked 229th on the Fortune 500 list of the largest United States corporations by revenue.
BlackRock has sought to position itself as an industry leader in environmental, social, and governance considerations in investments. Wikipedia
CEO
Founded
1988
Website
Employees
19,300