BlackRock

BlackRock, Inc. (BlackRock) is an investment management company. BlackRock 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. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives and money market instruments.
Company Growth (employees)
Type
Public
HQ
New York, US
Founded
1988
Size (employees)
13,000 (est)
BlackRock was founded in 1988 and is headquartered in New York, US

Key People at BlackRock

Larry Fink

Larry Fink

Chairman and Chief Executive Officer
Frank Cooper

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.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

10.2 b11.1 b11.4 b11.2 b

Revenue growth, %

9%3%(2%)

EBIT

3.9 b4.5 b4.7 b4.6 b

EBIT margin, %

38%40%41%41%

Interest income

22 m29 m26 m40 m

Pre tax profit

4 b4.4 b4.6 b4.5 b

Net Income

3 b3.3 b3.4 b3.2 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

4.4 b5.7 b6.1 b6.1 b

Accounts Receivable

2.2 b2.1 b2.2 b2.4 b

PP&E

525 m467 m581 m559 m

Goodwill

13 b13 b13.1 b13.1 b

Total Assets

219.9 b239.8 b225.3 b220.2 b

Accounts Payable

1.1 b1 b1.1 b1.1 b

Total Debt

4.9 b4.9 b4.9 b4.9 b

Additional Paid-in Capital

19.5 b19.4 b19.4 b19.3 b

Retained Earnings

8.2 b10.2 b12 b13.7 b

Total Equity

26.6 b27.5 b28.6 b29.2 b

Debt to Equity Ratio

0.2 x0.2 x0.2 x0.2 x

Debt to Assets Ratio

0 x0 x0 x0 x

Financial Leverage

8.3 x8.7 x7.9 x7.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

3 b3.3 b3.4 b3.2 b

Accounts Receivable

2.2 b2.1 b(154 m)(86 m)

Cash From Operating Activities

3.6 b3.1 b3 b2.2 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 m214 m194 m198 m

Income Taxes Paid

1.1 b1.2 b1.3 b1.4 b
USDY, 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

Traffic Overview of BlackRock

BlackRock Online and Social Media Presence

BlackRock News and Updates

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…

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 …

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…

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…

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…

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.
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BlackRock Company Life and Culture

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