BlackRock (BLK) Stock Analysis

November 11, 2026

This is a peer-relative look at BlackRock (BLK): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Financial Services peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for BlackRock (BLK)
Profile Item	BLK
Name	BlackRock, Inc.
Country/Region	United States
GICS Sector	Financials
GICS Industry Group	Financial Services
GICS Industry	Capital Markets
GICS Sub-Industry	Asset Management & Custody Banks
Market Capitalization	182.05 billion USD
Currency	USD
Exchange	NYSE
Listing Date	October 1, 1999
Security Type	Common Stock

Price Performance

Cumulative Growth

BLK

GSPC

BlackRock (BLK) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for BlackRock (BLK) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for BlackRock (BLK) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

BlackRock (BLK) metric values compared with Financial Services industry-group medians
Metric	Current stock: BLK	Industry group median
Total Return (1Y)	15.55%	1.90%
Total Return (3Y, Annualized)	26.16%	12.71%
Total Return (5Y, Annualized)	7.41%	2.81%

Risk Profile

Drawdown History

BLK

GSPC

BlackRock (BLK) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for BlackRock (BLK) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

BlackRock (BLK) metric values compared with Financial Services industry-group medians
Metric	Current stock: BLK	Industry group median
Volatility (1Y, Annualized)	28.45%	36.24%
Beta (5Y)	1.34	1.04
Max Drawdown (5Y)	-43.90%	-48.56%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. BLK is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

BlackRock (BLK) metric values compared with Financial Services industry-group medians
Metric	Current stock: BLK	Industry group median
Sharpe Ratio (1Y)	0.40	-0.09
Sortino Ratio (1Y)	0.58	-0.13

Profitability

ROE (TTM)

BlackRock (BLK) posts ROE of 11.61%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

BLK

Financial Services industry group

11.61%

Group distribution

Max: 44.78%
Q3: 21.85%
Median: 12.91%
BLK: 11.61%
Q1: 4.48%
Min: -18.71%

Largest peers

MA: 231.37%
V: 63.51%
MS: 18.04%
GS: 17.71%
BRK.A: 12.12%
BRK.B: 12.12%
BLK: 11.61%

Where BlackRock (BLK) stands on ROE within its Financial Services peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

BlackRock (BLK) keeps 24.22% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

BLK

Financial Services industry group

24.22%

Group distribution

Max: 62.84%
Q3: 28.05%
BLK: 24.22%
Median: 15.36%
Q1: 4.82%
Min: -28.52%

Largest peers

V: 51.20%
MA: 46.73%
GS: 31.21%
MS: 25.63%
BLK: 24.22%
BRK.A: 22.30%
BRK.B: 22.30%

Where BlackRock (BLK) stands on net margin within its Financial Services peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

BlackRock (BLK) turns 37.90% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

BLK

Financial Services industry group

37.90%

Group distribution

Max: 107.33%
Q3: 55.90%
BLK: 37.90%
Median: 30.09%
Q1: 14.60%
Min: -44.34%

Largest peers

V: 63.73%
MA: 60.53%
MS: 39.00%
GS: 38.37%
BLK: 37.90%
BRK.A: 32.56%
BRK.B: 32.56%

Where BlackRock (BLK) stands on operating margin within its Financial Services peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

BlackRock (BLK) metric values compared with Financial Services industry-group medians
Metric	Current stock: BLK	Industry group median
ROE (TTM)	11.61%	12.91%
ROA (TTM)	3.85%	3.60%
Net Margin (TTM)	24.22%	15.36%
Operating Margin (TTM)	37.90%	30.09%
Gross Margin (TTM)	--	--

Growth

Revenue Growth

BlackRock (BLK) grew revenue 18.67%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

BlackRock (BLK): Revenue Growth across different time periods, set against Financial Services industry-group medians.

EPS Growth

BlackRock (BLK) grew earnings per share -15.95%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

BlackRock (BLK): EPS Growth across different time periods, set against Financial Services industry-group medians.

Growth Metrics

BlackRock (BLK) metric values compared with Financial Services industry-group medians
Metric	Current stock: BLK	Industry group median
Revenue Growth (YoY)	18.67%	9.46%
Revenue Growth (3Y CAGR)	10.65%	10.90%
EPS Growth (YoY)	-15.95%	7.46%
EPS Growth (3Y CAGR)	1.30%	13.04%

Financial Strength

Current Ratio (MRQ)

current ratio is set aside for BlackRock (BLK) in Financial Services: these balance sheets are not best read through a current/non-current split, so regulatory, funding, or liquidity-coverage measures usually matter more.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for BlackRock (BLK) in Financial Services: leverage is part of the business model itself, so capital adequacy, funding mix, and regulatory measures are usually better risk gauges.

Financial Strength Metrics

BlackRock (BLK) metric values compared with Financial Services industry-group medians
Metric	Current stock: BLK	Industry group median
Current Ratio (MRQ)	--	--
Debt / Equity (MRQ)	--	--
Net Debt / EBITDA	--	--

Dividends

Dividend Yield (TTM)

BlackRock (BLK) has dividend yield of 1.91%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

BLK

Financial Services industry group

1.91%

Group distribution

Max: 9.77%
Q3: 3.92%
BLK: 1.91%
Median: 1.09%
Q1: 0.00%
Min: 0.00%

Largest peers

MS: 2.40%
GS: 2.07%
BLK: 1.91%
V: 0.66%
MA: 0.53%
BRK.A: 0.00%
BRK.B: 0.00%

Where BlackRock (BLK) stands on dividend yield within its Financial Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

BlackRock (BLK) has payout ratio of 51.00%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

BLK

Financial Services industry group

51.00%

Group distribution

Max: 241.07%
Q3: 97.36%
BLK: 51.00%
Median: 25.77%
Q1: 0.00%
Min: 0.00%

Largest peers

BLK: 51.00%
MS: 32.91%
GS: 25.88%
V: 21.75%
MA: 17.63%
BRK.A: 0.00%
BRK.B: 0.00%

Where BlackRock (BLK) stands on payout ratio within its Financial Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

BlackRock (BLK) metric values compared with Financial Services industry-group medians
Metric	Current stock: BLK	Industry group median
Dividend Yield (TTM)	1.91%	1.09%
Dividend Payout Ratio (TTM)	51.00%	25.77%

Valuation

P/E Ratio (TTM)

BlackRock (BLK) trades at P/E ratio of 26.84, in the richer earnings-multiple quartile for its industry. That premium needs support from growth, durable earnings, or stronger business quality.

BLK

Financial Services industry group

26.84

Group distribution

Max: 45.85
BLK: 26.84
Q3: 24.64
Median: 15.37
Q1: 9.68
Min: 0.16

Largest peers

V: 34.31
MA: 34.15
BLK: 26.84
MS: 14.39
BRK.A: 14.36
BRK.B: 14.36
GS: 12.45

Where BlackRock (BLK) stands on P/E ratio within its Financial Services peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

BlackRock (BLK) trades at 6.38 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

BLK

Financial Services industry group

6.38

Group distribution

Max: 9.23
BLK: 6.38
Q3: 4.57
Median: 2.72
Q1: 1.28
Min: -0.55

Largest peers

V: 17.18
MA: 15.67
BLK: 6.38
MS: 3.55
GS: 3.52
BRK.A: 3.18
BRK.B: 3.18

Where BlackRock (BLK) stands on P/S ratio within its Financial Services peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

BlackRock (BLK) trades at 3.14 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

BLK

Financial Services industry group

3.14

Group distribution

Max: 7.79
Q3: 3.63
BLK: 3.14
Median: 1.57
Q1: 0.81
Min: -0.39

Largest peers

MA: 84.30
V: 22.05
BLK: 3.14
MS: 2.65
GS: 2.36
BRK.A: 1.72
BRK.B: 0.00

Where BlackRock (BLK) stands on P/B ratio within its Financial Services peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

BlackRock (BLK) metric values compared with Financial Services industry-group medians
Metric	Current stock: BLK	Industry group median
P/E Ratio (TTM)	26.84	15.37
P/S Ratio (TTM)	6.38	2.72
P/B Ratio (MRQ)	3.14	1.57
Free Cash Flow Yield (TTM)	--	--