Company Growth (employees)
BlackRock was founded in 1988 and is headquartered in New York, US
Key People at BlackRock
Larry Fink
Chairman and Chief Executive Officer
Frank Cooper
Chief Marketing Officer
BlackRock Office Locations
BlackRock has an office in New York
New York, US (HQ)
40 E 52nd St
BlackRock Data and Metrics
BlackRock Financial Metrics
BlackRock's revenue was reported to be $11.2 b in FY, 2016 which is a 2% decrease from the previous period.
USD
Revenue (FY, 2016) | 11.2 b |
Revenue growth (FY, 2015 - FY, 2016), % | (2%) |
Net income (FY, 2016) | 3.2 b |
EBIT (FY, 2016) | 4.6 b |
Market capitalization (18-Aug-2017) | 68.4 b |
Cash (31-Dec-2016) | 6.1 b |
EV | 67.2 b |
BlackRock's current market capitalization is $68.4 b.
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 10.2 b | 11.1 b | 11.4 b | 11.2 b |
Revenue growth, % | 9% | 3% | (2%) | |
EBIT | 3.9 b | 4.5 b | 4.7 b | 4.6 b |
EBIT margin, % | 38% | 40% | 41% | 41% |
Interest income | 22 m | 29 m | 26 m | 40 m |
Pre tax profit | 4 b | 4.4 b | 4.6 b | 4.5 b |
Net Income | 3 b | 3.3 b | 3.4 b | 3.2 b |
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 4.4 b | 5.7 b | 6.1 b | 6.1 b |
Accounts Receivable | 2.2 b | 2.1 b | 2.2 b | 2.4 b |
PP&E | 525 m | 467 m | 581 m | 559 m |
Goodwill | 13 b | 13 b | 13.1 b | 13.1 b |
Total Assets | 219.9 b | 239.8 b | 225.3 b | 220.2 b |
Accounts Payable | 1.1 b | 1 b | 1.1 b | 1.1 b |
Total Debt | 4.9 b | 4.9 b | 4.9 b | 4.9 b |
Additional Paid-in Capital | 19.5 b | 19.4 b | 19.4 b | 19.3 b |
Retained Earnings | 8.2 b | 10.2 b | 12 b | 13.7 b |
Total Equity | 26.6 b | 27.5 b | 28.6 b | 29.2 b |
Debt to Equity Ratio | 0.2 x | 0.2 x | 0.2 x | 0.2 x |
Debt to Assets Ratio | 0 x | 0 x | 0 x | 0 x |
Financial Leverage | 8.3 x | 8.7 x | 7.9 x | 7.6 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 3 b | 3.3 b | 3.4 b | 3.2 b |
Accounts Receivable | 2.2 b | 2.1 b | (154 m) | (86 m) |
Cash From Operating Activities | 3.6 b | 3.1 b | 3 b | 2.2 b |
Purchases of PP&E | (94 m) | (66 m) | (221 m) | (119 m) |
Cash From Investing Activities | (483 m) | 239 m | (465 m) | (188 m) |
Long-term Borrowings | (750 m) | (1 b) | (750 m) | |
Dividends Paid | (1.2 b) | (1.3 b) | (1.5 b) | (1.5 b) |
Cash From Financing Activities | (3.4 b) | (1.9 b) | (2.1 b) | (1.7 b) |
Interest Paid | 202 m | 214 m | 194 m | 198 m |
Income Taxes Paid | 1.1 b | 1.2 b | 1.3 b | 1.4 b |
| USD | Y, 2016 |
|---|---|
EV/EBIT | 14.7 x |
EV/CFO | 31.2 x |
Revenue/Employee | 858.1 k |
Debt/Equity | 0.2 x |
Financial Leverage | 7.6 x |
BlackRock Market Value History
Market Position of BlackRock
Traffic Overview of BlackRock
BlackRock Online and Social Media Presence
BlackRock News and Updates
April 19, 2017
BlackRock profits soar 31 per cent as investors pile into passives
BlackRock’s profits jumped 31 per cent in the first quarter, with investors piling their money into passive funds. The figures The world’s largest fund manager reported a turnover of $2.82bn (£2.2bn), up eight per cent year-on-year but below $2.87bn expected by analysts, according to a Thomson…
April 04, 2017
BlackRock: Where next for emerging market debt?
Emerging market debt (EMD) has matured as an asset class, with a growing number of investors attracted to the increasingly positive economic fundamentals and higher yields. EMD also offers an expanding opportunity set with plenty of diversification opportunities. That said, the asset class comes …
March 08, 2017
Osborne to rake in £650k a year for working at BlackRock four days a month
Former chancellor George Osborne will be paid £650,000 a year to advise BlackRock four days a month, it has been revealed. Osborne started his role as a part-time senior adviser at the BlackRock Investment Institute, the asset manager's research arm, on 1 February. The role is focused on European…
January 24, 2017
BlackRock will vote against high exec pay says Fink
The chief executive of the world’s largest asset manager has warned companies it is invested in it will use its weight to vote down excessive executive pay. BlackRock’s Larry Fink said the asset manager would fight for “board accountability” for its investments in an annual letter to the chief ex…
January 24, 2017
London must lose clearing crown after hard Brexit, warns BlackRock boss
London will not be able to play a central role in the core functions of European financial markets like clearing in the event of a so-called hard Brexit, the vice chairman of the world’s largest asset manager has warned. BlackRock's Philipp Hildebrand suggested at the European Financial Forum tha…
January 20, 2017
Former Top British Official to Join BlackRock as an Adviser
The move by George Osborne, the former chancellor of the Exchequer, is the latest example of British politicians taking financial jobs.