BlackRock

OverviewSuggest Edit

BlackRock is an investment management company providing investment and technology services to institutional and retail clients. Its diverse platform of alpha-seeking active, index, and cash management investment 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, USMap
Websiteblackrock.com
Employee Ratings3.9More
View Jobs (171)

Recent NewsAll News

Latest Updates

Employees (est.) (Mar 2020)16,300
Job Openings171
Revenue (FY, 2019)$14.5 B(+3%)
Share Price (Sept 2020)$550.8
Cybersecurity ratingBMore

Key People/Management at BlackRock

Robert S. Kapito

Robert S. Kapito

President/Director
Laurence D. Fink

Laurence D. Fink

Chairman & Chief Executive Officer
Frank Cooper

Frank Cooper

Chief Marketing Officer
Rob L. Goldstein

Rob L. Goldstein

Chief Operating Officer & Global Head of BlackRock Solutions
Ben Golub

Ben Golub

Chief Risk Officer
Gary Shedlin

Gary Shedlin

Chief Financial Officer
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BlackRock Office Locations

BlackRock has offices in New York, Atlanta, Bloomfield Hills, Boca Raton and in 65 other locations
New York, US (HQ)
55 E 52nd St
Atlanta, US
725 Ponce De Leon Ave NE
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
Show all (76)

BlackRock Financials and Metrics

BlackRock Revenue

BlackRock's revenue was reported to be $14.54 b in FY, 2019 which is a 2.4% increase from the previous period.
USD

Revenue (Q2, 2020)

36.5b

Net income (Q2, 2020)

1.4b

EBIT (Q2, 2020)

1.4b

Market capitalization (22-Sept-2020)

84.0b

Closing stock price (22-Sept-2020)

550.8

Cash (30-Jun-2020)

5.5b

EV

92.9b
BlackRock's current market capitalization is $84 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

12.5b14.2b14.5b

Revenue growth, %

12%14%2%

Sales and marketing expense

492.0m1.7b1.7b

General and administrative expense

1.5b1.6b1.8b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

2.9b3.6b3.6b3.3b3.5b3.7b3.7b36.5b

Sales and marketing expense

432.0m415.0m408.0m404.0m416.0m427.0m445.0m429.0m

General and administrative expense

383.0m393.0m413.0m388.0m470.0m385.0m1.1b388.0m

Operating expense total

2.2b2.2b2.2b2.1b2.2b2.2b3.0b2.2b
show all
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

6.9b6.3b4.8b

Accounts Receivable

2.7b2.7b3.2b

PP&E

592.0m643.0m715.0m

Goodwill

13.2b13.5b14.6b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

6.0b6.6b6.4b3.9b3.9b4.5b4.4b5.5b

Accounts Receivable

2.7b2.6b2.7b2.8b2.9b3.0b3.1b3.0b

PP&E

589.0m581.0m588.0m656.0m659.0m669.0m714.0m697.0m

Goodwill

13.2b13.2b13.5b13.5b14.5b14.6b14.6b14.6b
show all
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

5.0b4.3b4.5b

Depreciation and Amortization

240.0m220.0m405.0m

Accounts Payable

308.0m43.0m(111.0m)

Cash From Operating Activities

3.8b3.1b2.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

1.1b2.2b3.4b1.1b2.1b3.2b627.0m2.0b

Depreciation and Amortization

53.0m107.0m164.0m89.0m189.0m294.0m111.0m225.0m

Accounts Payable

268.0m27.0m164.0m(56.0m)(16.0m)(61.0m)(214.0m)(273.0m)

Cash From Operating Activities

(141.0m)1.3b2.6b(225.0m)697.0m1.6b(938.0m)769.0m
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USDFY, 2017

EV/EBIT

15.4 x

EV/CFO

21.2 x

Revenue/Employee

898.6k

Debt/Equity

0.2 x

Financial Leverage

6.9 x

P/E Ratio

16.9
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BlackRock Operating Metrics

BlackRock's Assets Under Management was reported to be $7.3t in Q2, 2020.
FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

Countries (Offices)

30 30 30 30 30 30 30 30 30 30 30 30 30 30

Countries Covered

100 100 100

Assets Under Management

$5.15 t$5.42 t$5.69 t$5.98 t$6.29 t$6.32 t$6.30 t$6.44 t$5.98 t$6.52 t$6.84 t$6.96 t$7.43 t$6.47 t$7.32 t

Assets Under Management (Retail)

$568.17 b$564.33 b$586.76 b$608.52 b$652.73 b$638.36 b$636.83 b$663.26 b$621.42 b$646.36 b$664.91 b$668.12 b$703.30 b$608.82 b$695.15 b
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BlackRock Acquisitions / Subsidiaries

Company NameDateDeal Size
eFrontMarch 25, 2019$1.30 b
Tennenbaum Capital Partners , LLCApril 19, 2018
Glass Mountain PipelineApril 17, 2018
Cachematrix HoldingsNovember 27, 2017
FutureAdvisorAugust 26, 2015$150 m
CIE AutomotiveJuly 15, 2013
State Street Research & ManagementAugust 26, 2004$375 m
52nd Street Capital Advisors LLC
Acero Coöperatief U.A.
Acero Holdings I B.V.
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BlackRock Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

Learn more about about our premium products
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BlackRock Revenue Breakdown

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BlackRock revenue breakdown by geographic segment: 66.7% from Americas, 28.6% from Europe and 4.7% from Other

Human Capital Metrics

Source: careers.blackrock.com, www.blackrock.com, s24.q4cdn.com, s24.q4cdn.com
Embed Graph
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BlackRock Online and Social Media Presence

BlackRock's Trends

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BlackRock News and Updates

September 23, 2020

Blackrock tells its 16,000 staff they must reveal romances with anyone linked to the company, not just colleagues

Summary List Placement Blackrock, the world's largest asset manager, has told staff to disclose all sexual relationships they have with anyone linked to the firm, not just with their colleagues. Employees were already expected to tell managers about sexual, romantic, or other personal relationships…
September 23, 2020

Blackrock orders staff to disclose personal relationships

Blackrock has ordered its 16,000 employees to disclose their personal relationships as the global investment firm seeks to bolster its The post Blackrock orders staff to disclose personal relationships appeared first on CityAM.
September 23, 2020

BlackRock, Sands Capital Lead $300-Million Investment in Byju’s

BlackRock, Sands Capital Lead $300-Million Investment in Byju’s
September 21, 2020

Sweden Heavily Redacts BlackRock Report on Credit Market Woes

Sweden Heavily Redacts BlackRock Report on Credit Market Woes
September 18, 2020

Larry Fink says BlackRock needs to do 'much more' to tackle diversity. Here's how it's trying to increase the number of female and Black employees in its 16,000-strong workforce.

Summary List Placement BlackRock CEO Larry Fink is not often shy about telling the companies his $7.3 trillion asset manager invests in what to do. Before the pandemic made its way to the United States this January, Fink's annual letter harped on climate change and how companies are ignoring a mass…
September 17, 2020

BlackRock, the world's largest asset manager, may never be 100% back in the office, CEO Fink says

Larry Fink doesn't think 100% of employees will ever return to the office.
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BlackRock Blogs

June 17, 2020

Seeking yield? Don’t put all your eggs in one (income) basket

Looking to generate income from your nest egg? Make sure you don’t get it all from just one basket. Karen explains two funds designed to provide income that aren’t over reliant on any one source.
June 17, 2020

How green is your bond?

Get the ins and outs of green bonds in this two-part series. Let’s start with the basics.
June 16, 2020

The role of private markets in portfolios

What kind of role does private markets play in building a resilient portfolio in the post-Covid world? Mike explains.
June 12, 2020

Revisiting the monetary policy endgame

Rick Rieder, Russ Brownback and Navin Saigal contend that if a negative monetary policy endgame is to be avoided, particularly in the face of recent economic declines, it will likely be technological advances of a profound kind that get us there.
June 11, 2020

The U.S. consumer is bowed, not broken

Russ discusses why consumption has held up, and how the pandemic has accelerated long-term trends.
June 09, 2020

What’s next in the policy revolution?

We have witnessed nothing short of a revolution in macroeconomic policy in recent months. Jean shares his take on what to focus on next.
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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 Robert S. Kapito, Laurence D. Fink and Frank Cooper.

  • How many employees does BlackRock have?

    BlackRock has 16,300 employees.

  • What is BlackRock revenue?

    Latest BlackRock annual revenue is $14.5 b.

  • What is BlackRock revenue per employee?

    Latest BlackRock revenue per employee is $892 k.

  • Who are BlackRock competitors?

    Competitors of BlackRock include MSCI, Legg Mason and Vanguard.

  • 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, Bloomfield Hills, Boca Raton and in 65 other locations.

  • How many offices does BlackRock have?

    BlackRock has 76 offices.