OverviewSuggest Edit

BlackRock is an investment management company. It provides a range of investment and risk management services to institutional and retail clients worldwide. Its diverse platform of active (alpha) and index (beta) investment strategies across asset classes enables the company to tailor investment outcomes and asset allocation solutions for clients. BlackRock's product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives and money market instruments.
TypePublic
Founded1988
HQNew York, US
Websiteblackrock.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Dec 2018)14,900(+8%)
Job Openings292
Revenue (FY, 2018)$14.2 B(+14%)
Share Price (Jan 2020)$512.2

Key People/Management at BlackRock

Larry Fink

Larry Fink

Chairman and Chief Executive Officer
Rob Kapito

Rob Kapito

President
David Blumer

David Blumer

Global Head of BlackRock Alternative Investors
Geraldine Buckingham

Geraldine Buckingham

Head of Asia Pacific
Edwin N. Conway

Edwin N. Conway

Global Head of Institutional Client Business
Frank Cooper

Frank Cooper

Chief Marketing Officer
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BlackRock Office Locations

BlackRock has offices in New York, Atlanta, Bloomfield Hills, Boca Raton and in 62 other locations
New York, US (HQ)
40 E 52nd St
Atlanta, US
756 West Peachtree Street Northwest
Bloomfield Hills, US
39533 Woodward Ave
Boca Raton, US
2255 Glades Rd
Boston, US
60 State St
Charlotte, US
Carillon Tower, 227 W Trade St
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BlackRock Financials and Metrics

BlackRock Revenue

BlackRock's revenue was reported to be $14.20 b in FY, 2018 which is a 13.7% increase from the previous period.
USD

Revenue (Q3, 2019)

3.7b

Net income (Q3, 2019)

1.1b

EBIT (Q3, 2019)

1.5b

Market capitalization (10-Jan-2020)

79.5b

Closing stock price (10-Jan-2020)

512.2

Cash (30-Sept-2019)

4.5b

EV

86.9b
BlackRock's current market capitalization is $79.5 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

2.4b7.9b8.1b8.7b9.6b9.8b11.2b12.5b14.2b

Revenue growth, %

12%14%

General and administrative expense

1.4b1.4b1.4b1.5b1.5b1.4b1.3b1.5b1.6b

Operating expense total

1.4b1.4b1.4b1.5b1.5b1.4b6.5b7.1b8.7b
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

3.4b3.5b4.6b4.4b5.7b6.1b6.1b6.9b6.3b

Accounts Receivable

2.1b2.0b2.3b2.2b2.1b2.2b2.4b2.7b2.7b

PP&E

428.0m537.0m557.0m525.0m467.0m581.0m559.0m592.0m643.0m

Goodwill

12.8b12.8b12.9b13.0b13.0b13.1b13.1b13.2b13.5b
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

2.1b2.3b2.5b3.0b3.3b3.4b3.2b5.0b4.3b

Depreciation and Amortization

310.0m138.0m129.0m291.0m278.0m247.0m229.0m240.0m220.0m

Accounts Payable

164.0m(152.0m)114.0m7.0m(69.0m)14.0m51.0m308.0m43.0m

Cash From Operating Activities

2.5b2.8b2.2b3.6b3.1b3.0b2.2b3.8b3.1b
USDY, 2019

EV/EBIT

57.9 x

EV/CFO

53.4 x

Financial Leverage

5 x
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BlackRock Acquisitions / Subsidiaries

Company NameDateDeal Size
eFrontMarch 25, 2019$1.30 b
Tennenbaum Capital Partners , LLCApril 19, 2018
52nd Street Capital Advisors LLC
Acero Coöperatief U.A.
Acero Holdings I B.V.
Acero Holdings II B.V.
Asia-Pacific Private Credit Opportunities Fund I (GenPar) Ltd.
BAA Holdings
BFM Holdco
Blackhawk Investment Holding
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BlackRock Revenue Breakdown

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BlackRock revenue breakdown by geographic segment: 29.7% from Europe, 65.5% from Americas and 4.8% from Other

BlackRock Online and Social Media Presence

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BlackRock News and Updates

The climate spotlight on BlackRock

Investment giants are becoming increasingly prominent actors — and targets — in battles over corporate climate policy.What's happening: The behemoth fund manager BlackRock has joined Climate Action 100+, an investor network that pushes fossil fuel companies to make new disclosures and carbon emissio…

One word keeps popping up as BlackRock and other industry giants name the risk most overlooked by investors. Here's how 3 of them say you should protect against it.

Top strategists at BlackRock, JPMorgan, and elsewhere have singled out an elusive trend as the most overlooked risk to the stock market in 2020. They also provided guidance on how investors can protect their portfolios against this risk. Click here for more BI Prime stories.  "Don't fight the Fe…

BlackRock Becomes a Populist Punching Bag

BlackRock Becomes a Populist Punching Bag

World’s largest asset manager BlackRock joins $41 trillion climate-change investing pact

BlackRock, the world’s largest asset manager with more than $6.8 trillion under its control, becomes the latest signatory to the influential Climate Action 100+. It’s a pact that is increasingly pushing, although with spotty results so far, many of the world’s largest greenhouse gas emitters take ac…

BlackRock Joins $41 Trillion Investor Climate Campaign

BlackRock Joins Investor Group Campaigning for Climate Action

Participation notifications by Blackrock Inc.

Brussels, Thursday, January 9, 2020, 08h30 CET --- According to Belgian transparency legislation (Law of May 2, 2007), BlackRock Inc. (55 East 52nd Street, New York, NY, 10055, U.S.A.) has sent to Solvay different transparency notifications in the last few days indicating that it crossed different t…
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BlackRock Blogs

Why we like health care stocks in 2020

The presidential election year has begun, and the rhetoric around health care policy is likely to get louder as campaigning heats up. Tony DeSpirito talks with Portfolio Manager Erin Xie about the implications for health care stocks.

For 2020, buy early

After an astounding 2019, what’s in store for 2020? Russ discusses.

The case for inflation-linked bonds

Mike explains why we favor inflation-linked bonds in both tactical and strategic portfolios.

A holiday reading list from the BlackRock Investment Institute

‘Tis the season for holiday reading. Jean shares our top picks to take you through the new year.

In 2020, the critical number to know is 1.8

Rick Rieder and Russ Brownback argue that contrary to the many year-end outlooks foreseeing either a recession or a rebound in 2020, the most likely path for the economy and markets is more moderate, which can be encapsulated in their theme of “1.8.”

Changes to our investing views for 2020

We have made meaningful changes to our tactical asset views heading into 2020, including a moderate tilt into cyclical assets. Mike explains.
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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 David Blumer.

  • How many employees does BlackRock have?

    BlackRock has 14,900 employees.

  • What is BlackRock revenue?

    Latest BlackRock annual revenue is $14.2 b.

  • What is BlackRock revenue per employee?

    Latest BlackRock revenue per employee is $952.9 k.

  • Who are BlackRock competitors?

    Competitors of BlackRock include Legg Mason, Vanguard and T. Rowe Price.

  • Where is BlackRock headquarters?

    BlackRock headquarters is located at 40 E 52nd St, New York.

  • Where are BlackRock offices?

    BlackRock has offices in New York, Atlanta, Bloomfield Hills, Boca Raton and in 62 other locations.

  • How many offices does BlackRock have?

    BlackRock has 66 offices.