BlackRock

OverviewSuggest Edit

BlackRock is an investment management company providing investment and technology services to institutional and retail clients. Its investment platform of alpha-seeking active and index 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
Overall CultureB

Latest Updates

Employees (est.) (Dec 2021)18,400(+3%)
Job Openings780
Revenue (FY, 2021)$19.4 B(+20%)
Share Price (May 2022)$618.3(+2%)
Cybersecurity ratingAMore
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Key People/Management at BlackRock

Larry Fink

Larry Fink

Chairman and Chief Executive Officer
Rob Kapito

Rob Kapito

President, Director
Frank Cooper III

Frank Cooper III

Chief Marketing Officer
Rob L. Goldstein

Rob L. Goldstein

Chief Operating Officer & Global Head of BlackRock Solutions
Gary Shedlin

Gary Shedlin

Chief Financial Officer
Christopher Meade

Christopher Meade

Chief Legal Officer
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BlackRock Office Locations

BlackRock has offices in New York, Atlanta, Boca Raton, Boston and in 61 other locations
New York, NY, US (HQ)
55 E 52nd St
Atlanta, GA, US
725 Ponce De Leon Ave NE
Boca Raton, FL, US
2255 Glades Rd
Boston, MA, US
60 State St
Charlotte, NC, US
227 W Trade St
Chicago, IL, US
227 W Monroe St
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BlackRock Financials and Metrics

BlackRock Revenue

BlackRock's revenue was reported to be $19.37 b in FY, 2021
USD

Revenue (Q1, 2022)

4.7b

Net income (Q1, 2022)

1.4b

EBIT (Q1, 2022)

1.8b

Market capitalization (24-May-2022)

91.2b

Closing stock price (24-May-2022)

618.3

Cash (31-Mar-2022)

7.3b

EV

93.2b
BlackRock's current market capitalization is $91.2 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

14.5b16.2b19.4b

Revenue growth, %

2%11%

Sales and marketing expense

1.7b1.8b2.2b

General and administrative expense

1.8b2.5b2.2b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

3.7b3.6b4.4b4.4b4.8b5.1b4.7b

Sales and marketing expense

445.0m429.0m456.0m505.0m523.0m585.0m574.0m

General and administrative expense

1.1b388.0m461.0m585.0m461.0m611.0m496.0m

Operating expense total

3.0b2.2b2.6b2.9b2.9b3.1b2.9b
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

4.8b8.7b9.3b

Accounts Receivable

3.2b3.5b3.8b

PP&E

715.0m681.0m762.0m

Goodwill

14.6b14.6b15.4b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

4.4b5.5b6.5b6.3b6.4b7.4b7.3b

Accounts Receivable

3.1b3.0b3.7b3.8b3.8b4.0b3.8b

PP&E

714.0m697.0m693.0m671.0m741.0m703.0m851.0m

Goodwill

14.6b14.6b14.6b15.3b15.4b15.4b15.3b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

4.5b5.3b6.2b

Depreciation and Amortization

405.0m358.0m415.0m

Accounts Payable

(111.0m)(115.0m)342.0m

Cash From Operating Activities

2.9b3.7b4.9b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

627.0m2.0b3.5b1.3b2.8b4.6b1.4b

Depreciation and Amortization

111.0m225.0m342.0m97.0m198.0m305.0m100.0m

Accounts Payable

(214.0m)(273.0m)(183.0m)155.0m205.0m354.0m48.0m

Cash From Operating Activities

(938.0m)769.0m1.8b(573.0m)1.3b3.0b(422.0m)
USDFY, 2019

EV/EBIT

14 x

EV/CFO

27 x

Revenue/Employee

923.1k

Debt/Equity

0.1 x

Financial Leverage

5 x

P/E Ratio

17.7
Show all financial metrics

BlackRock Operating Metrics

BlackRock's Assets Under Management was reported to be $9.6t in Q1, 2022.
FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021Q1, 2022

Countries (Offices)

30303030303030303030

Countries Covered

100100100

Assets Under Management

$7.43 t$6.47 t$7.32 t$7.81 t$8.68 t$9.01 t$9.5 t$9.46 t$10.01 t$9.57 t

Assets Under Management (Retail)

$703.3 b$608.82 b$695.15 b$746.26 b$845.92 b$934.18 b$995.48 b$1 t$1.04 t$989.12 b

BlackRock Acquisitions / Subsidiaries

Company NameDateDeal Size
Summit CompaniesSeptember 20, 2021
National Renewable SolutionsAugust 18, 2021
Transaction Data SystemsMay 17, 2021
Aquila HeywoodFebruary 11, 2021
AperioNovember 24, 2020$1.05 b
eFrontMarch 25, 2019$1.3 b
Tennenbaum Capital Partners , LLCApril 19, 2018
Glass Mountain PipelineApril 17, 2018
Cachematrix HoldingsNovember 27, 2017
FutureAdvisorAugust 26, 2015$150 m
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BlackRock Revenue Breakdown

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BlackRock revenue breakdown by geographic segment: 64.0% from Americas, 31.5% from Europe and 4.5% from Other

BlackRock Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

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

    73/100

  • CEO Rating

    A+

    82/100

  • Compensation

    B

    74/100

  • Diversity

    C+

    69/100

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BlackRock News and Updates

BlackRock downgrades stocks, citing Fed over-tightening and China risk

With the Federal Reserve's tightening cycle underway and a slowdown in China that rivals the 2020 downturn, BlackRock shifted its views on the equities market.

The Tell: BlackRock just cut developed-market stocks to ‘neutral’. Here’s why.

BlackRock Investment Institute turns neutral on developed-market stocks like those of the U.S. and currently sees no catalyst for a sustained rebound.

Private Equity Jobs of the Week: Partners Group, BlackRock and PGIM are hiring

This week’s jobs include associates at BlackRock, Partners Group and PGIM.

Wahed appoints former BlackRock lawyer to global legal team

Global Islamic fintech company, Wahed, has just announced the appointment of former BlackRock lawyer, Shahan Jamil, as deputy general counsel.

Citadel Securities, BlackRock, Gemini Slam Social Media Accusations of Involvement With UST Collapse

A conspiracy theory that began on 4chan and was amplified by Cardano founder Charles Hoskinson has been met with swift denials by all parties allegedly involved.

BlackRock And Citadel Deny Trading Cratering Stablecoin

In response to widespread rumors, hedge fund giant Citadel Securities and asset manager BlackRock say they don't trade any of the notorious TerraUSD, a stablecoin that lost its peg to the dollar, wiping out $25 billion from the underlying asset.
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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 Frank Cooper III.

  • How many employees does BlackRock have?

    BlackRock has 18,400 employees.

  • What is BlackRock revenue?

    Latest BlackRock annual revenue is $19.4 b.

  • What is BlackRock revenue per employee?

    Latest BlackRock revenue per employee is $1.1 m.

  • Who are BlackRock competitors?

    Competitors of BlackRock include Fidelity Investments, Berkshire Hathaway and IHS Markit.

  • 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, Boca Raton, Boston and in 61 other locations.

  • How many offices does BlackRock have?

    BlackRock has 72 offices.