BlackRock
- Assets Under Management$9.6 TQ1, 2022
- Revenue$19.4 BFY, 2021
- Market Capitalization$91.2 B2022-05-24
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.
| Type | Public | |
| Founded | 1988 | |
| HQ | New York, NY, US | Map |
| Website | blackrock.com | |
| Overall Culture | B | More |
Recent NewsAll News
Key People/Management at BlackRock
Larry Fink
Chairman and Chief Executive Officer
Rob Kapito
President, Director
Frank Cooper III
Chief Marketing Officer
Rob L. Goldstein
Chief Operating Officer & Global Head of BlackRock Solutions
Gary Shedlin
Chief Financial Officer
Christopher Meade
Chief Legal Officer
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
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
Annual
Annual
Quarterly
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|
Net Income | 627.0m | 2.0b | 3.5b | 1.3b | 2.8b | 4.6b | 1.4b |
Depreciation and Amortization | 111.0m | 225.0m | 342.0m | 97.0m | 198.0m | 305.0m | 100.0m |
Accounts Payable | (214.0m) | (273.0m) | (183.0m) | 155.0m | 205.0m | 354.0m | 48.0m |
Cash From Operating Activities | (938.0m) | 769.0m | 1.8b | (573.0m) | 1.3b | 3.0b | (422.0m) |
| USD | FY, 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 |
BlackRock Operating Metrics
BlackRock's Assets Under Management was reported to be $9.6t in Q1, 2022.
| FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | FY, 2021 | Q1, 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|
Countries (Offices) | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 |
Countries Covered | 100 | 100 | 100 | |||||||
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 Name | Date | Deal Size |
|---|---|---|
| Summit Companies | September 20, 2021 | |
| National Renewable Solutions | August 18, 2021 | |
| Transaction Data Systems | May 17, 2021 | |
| Aquila Heywood | February 11, 2021 | |
| Aperio | November 24, 2020 | $1.05 b |
| eFront | March 25, 2019 | $1.3 b |
| Tennenbaum Capital Partners , LLC | April 19, 2018 | |
| Glass Mountain Pipeline | April 17, 2018 | |
| Cachematrix Holdings | November 27, 2017 | |
| FutureAdvisor | August 26, 2015 | $150 m |
BlackRock Revenue Breakdown
BlackRock revenue breakdown by geographic segment: 64.0% from Americas, 31.5% from Europe and 4.5% from Other
BlackRock Cybersecurity Score
BlackRock Environment, Social & Governance (ESG) Ratings
BlackRock Online and Social Media Presence
517.39k Twitter followers
BlackRock has 517.39k Twitter Followers. The number of followers has increased 3.9% month over month and increased 7% quarter over quarter
BlackRock's Trends
Twitter Engagement Stats for @blackrock
15.3k
Tweets
864
Following
517.4k
Followers
42
Tweets last 30 days
128.4
Avg. likes per Tweet
100%
Tweets with engagement
BlackRock Company Culture
Overall Culture
B
73/100
CEO Rating
A+
82/100
Compensation
B
74/100
Diversity
C+
69/100
BlackRock News and Updates
May 23, 2022
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.
May 23, 2022
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.
May 16, 2022
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.
May 13, 2022
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.
May 12, 2022
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.
May 11, 2022
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.
BlackRock Blogs
June 29, 2020
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?
June 24, 2020
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.
June 23, 2020
Why we are warming up to Europe
Elga lays out two main reasons to be optimistic on Europe – and European assets.
June 23, 2020
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.
June 23, 2020
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 …
June 18, 2020
The Race to Zero
Emily presents key takeaways on the exercise of green bond impact reporting.
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.
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