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.
| Type | Public | |
| Founded | 1988 | |
| HQ | New York, US | Map |
| Website | blackrock.com | |
| Employee Ratings | More |
Recent NewsAll News
- The climate spotlight on BlackRock
- 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.
- BlackRock Becomes a Populist Punching Bag
- World’s largest asset manager BlackRock joins $41 trillion climate-change investing pact
Key People/Management at BlackRock
Larry Fink
Chairman and Chief Executive Officer
Rob Kapito
President
David Blumer
Global Head of BlackRock Alternative Investors
Geraldine Buckingham
Head of Asia Pacific
Edwin N. Conway
Global Head of Institutional Client Business
Frank Cooper
Chief Marketing Officer
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
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
Quarterly
| USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 630.0m | 577.0m | 627.0m | 2.1b | 1.9b | 2.0b | 2.0b | 2.0b | 2.1b | 2.2b | 2.2b | 2.3b | 2.4b | 2.5b | 2.4b | 2.5b | 2.5b | 2.4b | 2.5b | 2.5b | 2.5b | 2.7b | 2.8b | 2.9b | 3.3b | 3.5b | 3.7b |
General and administrative expense | 340.0m | 316.0m | 340.0m | 345.0m | 389.0m | 307.0m | 324.0m | 327.0m | 331.0m | 465.0m | 334.0m | 313.0m | 377.0m | 376.0m | 339.0m | 312.0m | 319.0m | 318.0m | 316.0m | 312.0m | 301.0m | 350.0m | 363.0m | 383.0m | 388.0m | 470.0m | 385.0m |
Operating expense total | 340.0m | 316.0m | 340.0m | 345.0m | 389.0m | 307.0m | 324.0m | 327.0m | 331.0m | 465.0m | 334.0m | 313.0m | 377.0m | 376.0m | 339.0m | 312.0m | 319.0m | 394.0m | 316.0m | 312.0m | 301.0m | 350.0m | 363.0m | 383.0m | 388.0m | 470.0m | 385.0m |
Depreciation and amortization | 40.0m | 41.0m | 41.0m | 40.0m | 98.0m | 35.0m | 34.0m | 25.0m | 25.0m | 25.0m | 25.0m | 25.0m | 27.0m | 11.0m | 15.0m | 25.0m | 28.0m |
Annual
Quarterly
| USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 2.2b | 2.6b | 2.8b | 2.8b | 3.0b | 2.6b | 3.6b | 4.2b | 3.9b | 3.7b | 4.0b | 4.4b | 5.1b | 6.1b | 4.3b | 4.9b | 5.7b | 5.0b | 5.1b | 5.5b | 5.7b | 5.5b | 6.2b | 6.0b | 3.9b | 3.9b | 4.5b |
Accounts Receivable | 2.0b | 2.1b | 2.2b | 2.1b | 2.1b | 2.3b | 2.1b | 2.5b | 2.6b | 2.2b | 4.3b | 2.9b | 4.2b | 2.6b | 2.8b | 2.3b | 2.5b | 2.5b | 2.9b | 2.6b | 3.2b | 3.0b | 3.2b | 2.7b | 2.8b | 2.9b | 3.0b |
PP&E | 433.0m | 429.0m | 479.0m | 521.0m | 545.0m | 545.0m | 571.0m | 560.0m | 529.0m | 524.0m | 523.0m | 508.0m | 496.0m | 468.0m | 537.0m | 545.0m | 543.0m | 581.0m | 576.0m | 564.0m | 546.0m | 549.0m | 571.0m | 589.0m | 656.0m | 659.0m | 669.0m |
Goodwill | 12.6b | 12.6b | 12.8b | 12.8b | 12.8b | 12.9b | 12.9b | 12.9b | 12.9b | 12.9b | 12.9b | 13.0b | 13.0b | 13.0b | 13.0b | 13.0b | 13.0b | 13.1b | 13.1b | 13.1b | 13.1b | 13.2b | 13.2b | 13.2b | 13.5b | 14.5b | 14.6b |
Annual
| USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 2.1b | 2.3b | 2.5b | 3.0b | 3.3b | 3.4b | 3.2b | 5.0b | 4.3b |
Depreciation and Amortization | 310.0m | 138.0m | 129.0m | 291.0m | 278.0m | 247.0m | 229.0m | 240.0m | 220.0m |
Accounts Payable | 164.0m | (152.0m) | 114.0m | 7.0m | (69.0m) | 14.0m | 51.0m | 308.0m | 43.0m |
Cash From Operating Activities | 2.5b | 2.8b | 2.2b | 3.6b | 3.1b | 3.0b | 2.2b | 3.8b | 3.1b |
Quarterly
| USD | Q2, 2010 | Q3, 2010 | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 855.0m | 1.4b | 568.0m | 1.2b | 1.8b | 572.0m | 1.1b | 1.8b | 632.0m | 1.4b | 2.1b | 744.0m | 1.6b | 2.5b | 860.0m | 1.7b | 2.5b | 647.0m | 1.4b | 2.3b | 871.0m | 1.7b | 2.7b | 1.1b | 1.1b | 2.1b | 3.2b |
Depreciation and Amortization | 157.0m | 231.0m | 73.0m | 146.0m | 222.0m | 73.0m | 145.0m | 219.0m | 72.0m | 144.0m | 215.0m | 73.0m | 145.0m | 215.0m | 63.0m | 128.0m | 196.0m | 56.0m | 114.0m | 171.0m | 58.0m | 125.0m | 190.0m | 53.0m | 89.0m | 189.0m | 294.0m |
Accounts Payable | 243.0m | 391.0m | 292.0m | 63.0m | 90.0m | 320.0m | 90.0m | 489.0m | 597.0m | 207.0m | 2.3b | 521.0m | 2.0b | 473.0m | 654.0m | 233.0m | 287.0m | 326.0m | 565.0m | 309.0m | 914.0m | 450.0m | 595.0m | 268.0m | (56.0m) | (16.0m) | (61.0m) |
Cash From Operating Activities | 310.0m | 1.4b | (156.0m) | 717.0m | 2.0b | (102.0m) | 865.0m | 1.9b | 190.0m | 1.3b | 2.5b | (206.0m) | 526.0m | 1.8b | (490.0m) | 496.0m | 1.8b | (565.0m) | (98.0m) | 962.0m | (191.0m) | 1.1b | 2.5b | (141.0m) | (225.0m) | 697.0m | 1.6b |
| USD | Y, 2019 |
|---|---|
EV/EBIT | 57.9 x |
EV/CFO | 53.4 x |
Financial Leverage | 5 x |
BlackRock Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| eFront | March 25, 2019 | $1.30 b |
| Tennenbaum Capital Partners , LLC | April 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 |
BlackRock Revenue Breakdown
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
389.77k Twitter followers
BlackRock has 389.77k Twitter Followers. The number of followers has increased 0.4% month over month and increased 0.9% quarter over quarter
BlackRock's Trends
Twitter Engagement Stats for @blackrock
14.4k
Tweets
874
Following
389.8k
Followers
31
Tweets last 30 days
16.8
Avg. likes per Tweet
100%
Tweets with engagement
BlackRock News and Updates
January 10, 2020
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…
January 10, 2020
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…
January 09, 2020
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…
January 09, 2020
BlackRock Joins $41 Trillion Investor Climate Campaign
BlackRock Joins Investor Group Campaigning for Climate Action
January 09, 2020
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…
BlackRock Blogs
January 09, 2020
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.
January 07, 2020
For 2020, buy early
After an astounding 2019, what’s in store for 2020? Russ discusses.
January 06, 2020
The case for inflation-linked bonds
Mike explains why we favor inflation-linked bonds in both tactical and strategic portfolios.
December 19, 2019
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.
December 18, 2019
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.”
December 16, 2019
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.
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.
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