OverviewSuggest Edit

BlackRock is an investment management company providing investment and technology services to institutional and retail clients. Its platform of alpha-seeking active, index, and cash management investment strategies across asset classes enables the company to tailor investment outcomes and asset allocation solutions for clients. The company offers single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. BlackRock also delivers technology services, including the investment and risk management technology platform, Aladdin, Aladdin Wealth, eFront, Cachematrix, and FutureAdvisor, as well as advisory services and solutions to institutional and wealth management clients.

TypePublic
Founded1988
HQNew York, NY, US
Websiteblackrock.com
Employee Ratings4.1
Overall CultureB

Latest Updates

Employees (est.) (Mar 2021)16,700(+2%)
Job Openings536
Revenue (FY, 2020)$16.2 B(+12%)
Share Price (Jun 2021)$886.8
Cybersecurity ratingBMore

Key People/Management at BlackRock

Larry Fink

Larry Fink

Chairman and CEO
Rob Kapito

Rob Kapito

President
Axel Christensen

Axel Christensen

Chief Investment Strategist for Latin America
Frank Cooper

Frank Cooper

Chief Marketing Officer
Celso Dominguez

Celso Dominguez

Head of Marketing for Latin America
Stephen Cohen

Stephen Cohen

Head of Europe, Middle East and Africa
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BlackRock Office Locations

BlackRock has offices in New York, Atlanta, Bloomfield Hills, Boca Raton and in 65 other locations
New York, NY, US (HQ)
55 E 52nd St
Atlanta, GA, US
725 Ponce De Leon Ave NE
Bloomfield Hills, MI, US
39533 Woodward Ave
Boca Raton, FL, US
2255 Glades Rd
Boston, MA, US
60 State St
Charlotte, NC, US
Carillon Tower, 227 W Trade St
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BlackRock Financials and Metrics

BlackRock Revenue

BlackRock's revenue was reported to be $16.21 b in FY, 2020 which is a 11.5% increase from the previous period.
USD

Revenue (Q1, 2021)

4.4b

Net income (Q1, 2021)

1.3b

EBIT (Q1, 2021)

1.5b

Market capitalization (4-Jun-2021)

135.4b

Closing stock price (4-Jun-2021)

886.8

Cash (31-Mar-2021)

6.3b

EV

136.3b
BlackRock's current market capitalization is $135.4 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

14.2b14.5b16.2b

Revenue growth, %

14%2%11%

Sales and marketing expense

1.7b1.7b1.8b

General and administrative expense

1.6b1.8b2.5b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

3.3b3.5b3.7b3.7b36.5b4.4b4.4b

Sales and marketing expense

404.0m416.0m427.0m445.0m429.0m456.0m505.0m

General and administrative expense

388.0m470.0m385.0m1.1b388.0m461.0m585.0m

Operating expense total

2.1b2.2b2.2b3.0b2.2b2.6b2.9b
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

6.3b4.8b8.7b

Accounts Receivable

2.7b3.2b3.5b

PP&E

643.0m715.0m681.0m

Goodwill

13.5b14.6b14.6b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

3.9b3.9b4.5b4.4b5.5b6.5b6.3b

Accounts Receivable

2.8b2.9b3.0b3.1b3.0b3.7b3.8b

PP&E

656.0m659.0m669.0m714.0m697.0m693.0m671.0m

Goodwill

13.5b14.5b14.6b14.6b14.6b14.6b15.3b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

4.3b4.5b5.3b

Depreciation and Amortization

220.0m405.0m358.0m

Accounts Payable

43.0m(111.0m)(115.0m)

Cash From Operating Activities

3.1b2.9b3.7b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

1.1b2.1b3.2b627.0m2.0b3.5b1.3b

Depreciation and Amortization

89.0m189.0m294.0m111.0m225.0m342.0m131.0m

Accounts Payable

(56.0m)(16.0m)(61.0m)(214.0m)(273.0m)(183.0m)155.0m

Cash From Operating Activities

(225.0m)697.0m1.6b(938.0m)769.0m1.8b(573.0m)
USDFY, 2018

EV/EBIT

11.2 x

EV/CFO

19.8 x

Revenue/Employee

980.9k

Debt/Equity

0.2 x

Financial Leverage

4.9 x

P/E Ratio

14.8
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BlackRock Operating Metrics

BlackRock's Assets Under Management was reported to be $7.3t in Q2, 2020.
FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

Countries (Offices)

303030303030303030303030303030

Countries Covered

100100100

Assets Under Management

$5.15 t$5.42 t$5.69 t$5.98 t$6.29 t$6.32 t$6.3 t$6.44 t$5.98 t$6.52 t$6.84 t$6.96 t$7.43 t$6.47 t$7.32 t

Assets Under Management (Retail)

$568.17 b$564.33 b$586.76 b$608.52 b$652.73 b$638.36 b$636.83 b$663.26 b$621.42 b$646.36 b$664.91 b$668.12 b$703.3 b$608.82 b$695.15 b
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BlackRock Acquisitions / Subsidiaries

Company NameDateDeal Size
Transaction Data SystemsMay 17, 2021
Aquila HeywoodFebruary 11, 2021
AperioNovember 24, 2020$1.05 b
AperioNovember 24, 2020$1.1 b
eFrontMarch 25, 2019$1.3 b
eFrontMarch 22, 2019$1.3 b
Tennenbaum Capital Partners , LLCApril 19, 2018
Glass Mountain PipelineApril 17, 2018
Cachematrix HoldingsNovember 27, 2017
CIE AutomotiveJuly 15, 2013
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BlackRock Revenue Breakdown

Embed Graph

BlackRock revenue breakdown by geographic segment: 65.4% from Americas, 30.5% from Europe and 4.1% from Other

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BlackRock Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

BlackRock Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

BlackRock Online and Social Media Presence

Embed Graph

BlackRock Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    A+

    82/100

  • Compensation

    B+

    75/100

  • Diversity

    B-

    68/100

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BlackRock News and Updates

Ex-Barclays boss in line for £200m windfall as Blackrock takes 10x stake

Former Barclays boss Antony Jenkins is said to be on the brink of a deal that will see his personal The post Former Barclays boss in line for £200m windfall as Blackrock takes 10x stake appeared first on CityAM.

WIMI Attracts Shares from BlackRock, and the Holographic AR Field Is a Ten-Year Value Investment Direction

HONG KONG, June 04, 2021 (GLOBE NEWSWIRE) -- Hong Kong - MobiusTrend, the fintech market research organization, recently released a research report "BlackRock holds a position in WIMI, and the holographic AR field is a ten-year value investment direction". It is said that BlackRock, the world's la…

Biggest Bank in India Torn Between BlackRock and Funding Coal

SBI needs to finance coal mines to electrify more homes, yet it wants to back green projects to appease investors like BlackRock.

BlackRock CEO Larry Fink Sees Potential for ‘Big Shock’ From Inflation

BlackRock CEO Larry Fink Sees Potential for ‘Big Shock’ From Inflation

BlackRock takes over £21bn of BA pension scheme assets

British Airways has handed the management of £21bn worth of pension assets to Blackrock in a bespoke deal between the The post BlackRock takes over £21bn of BA pension scheme assets appeared first on CityAM.

Chip to offer investment funds from BlackRock

Savings app Chip has launched an investment platform with three funds from the BlackRock Consensus multifund range.
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BlackRock Blogs

Investing without a parachute

In a post-coronavirus investment world, Jeff argues that investors should be rethinking the role of fixed income in portfolio construction and ask themselves if they are at risk of investing without a parachute?

How alternative data can lend clarity amid uncertainty

Unusual times require more than the usual sources of information to assess the investing backdrop. Jeff Shen discusses how alternative data is making a difference today.

Why we are warming up to Europe

Elga lays out two main reasons to be optimistic on Europe – and European assets.

Don’t miss the rise of the “value” phoenix

Recent underperformance has led some to declare the death of value investing, but don’t be so quick to dismiss it.

Today’s portfolios “Can’t get no satisfaction” from yesterday’s instruments

Rick Rieder, Russ Brownback and Trevor Slaven contend that in the tug-of-war between the considerable economic damage stemming from the coronavirus and subsequent lockdowns, and the fiscal and monetary policy responses put in place, the latter factor is being underestimated by markets. Further, the …

The Race to Zero

Emily presents key takeaways on the exercise of green bond impact reporting.
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BlackRock Frequently Asked Questions

  • When was BlackRock founded?

    BlackRock was founded in 1988.

  • Who are BlackRock key executives?

    BlackRock's key executives are Larry Fink, Rob Kapito and Axel Christensen.

  • How many employees does BlackRock have?

    BlackRock has 16,700 employees.

  • What is BlackRock revenue?

    Latest BlackRock annual revenue is $16.2 b.

  • What is BlackRock revenue per employee?

    Latest BlackRock revenue per employee is $970.4 k.

  • Who are BlackRock competitors?

    Competitors of BlackRock include Charles Schwab, TD Ameritrade and Edward Jones.

  • Where is BlackRock headquarters?

    BlackRock headquarters is located at 55 E 52nd St, New York.

  • Where are BlackRock offices?

    BlackRock has offices in New York, Atlanta, Bloomfield Hills, Boca Raton and in 65 other locations.

  • How many offices does BlackRock have?

    BlackRock has 76 offices.