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Companies / Financials / BlackRock
BLK

BlackRock

FinancialsBanks & BrokersS&P 500
Ticker BLKNEW YORK, NYFiscal year ends DecemberBook value per share $349.59Diluted shares 164.8M

BlackRock, Inc. (NYSE: BLK) is an investment management firm serving institutional and retail clients worldwide. It manages active, private markets, index and cash strategies across equities, fixed income, multi-asset portfolios, alternatives, digital assets, currencies and commodities, offering them through mutual… From the company’s description.

In fiscal 2025, BlackRock reported revenue of $24.22B, up 18.7% from fiscal 2024, and net income of $5.94B. Its pre-tax margin was 29.1%. Over the twelve months to Jun 30, 2026, revenue was $27.30B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$24.22BFY2025
+18.7% year over year
Last 12 mo $27.30B
29.09%FY2025
−8 percentage points
Last 12 mo 32.57%
$5.94BFY2025
−8.8% year over year
Last 12 mo $7.13B
9.99%FY2025
−3.4 percentage points
Last 12 mo 11.41%
Cash & financing
$3.93BFY2025
−20.8% year over year
Last 12 mo $3.94B
$3.55BFY2025
−24.4% year over year
Last 12 mo $3.52B
0.23FY2025
Was 0.26× a year earlier
Last 12 mo 0.22
160.9MFY2025
+6.1% year over year
Last 12 mo 164.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What BlackRock does

In the company’s own words

BlackRock, Inc. (NYSE: BLK) is an investment management firm serving institutional and retail clients worldwide. It manages active, private markets, index and cash strategies across equities, fixed income, multi-asset portfolios, alternatives, digital assets, currencies and commodities, offering them through mutual funds, iShares ETFs, separate accounts, collective trusts and other pooled vehicles. Clients include pension plans, charities, foundations, endowments, central banks, sovereign wealth funds, governments, insurers, financial institutions, corporations and retail intermediaries. BlackRock also provides investment, risk management and accounting technology, private markets data, advisory and subscription services to institutional investors and wealth firms. Its technology offerings include Aladdin, Aladdin Wealth, eFront, Preqin and Cachematrix; its investment products include LifePath funds and customized index solutions from Aperio. The company’s business spans investment management, technology and subscription services, and securities lending. BlackRock managed $14.0 trillion in assets at December 31, 2025, and recorded revenue of $24.2 billion for fiscal 2025. The 2025 acquisition of HPS Investment Partners expanded its private credit business.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
2012383
SIC
6211

Financial performance, year by year

Fiscal 2013–2025 · USD
$-2.73B$5.46B$13.65B$21.84B$30.03B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns BlackRock — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

844
funds hold it
3 of 35
superinvestors hold it
$43.03B
held by funds, at market
27.7%
of shares held by funds
14
bond issues held by funds

Superinvestors in BlackRock · what they did last quarter

Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
1.6%of 13F portfolio
Bill NygrenDECREASED -18.3%
Harris Associates (Oakmark)
0.1%of 13F portfolio
Mark HillmanDECREASED -1.2%
Hillman Capital Management
0.2%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · BlackRock’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.19%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.22%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.23%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.22%of fund net assets
1.38%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

BlackRock’s bonds, as funds hold them

Funds report holding 14 issues of BlackRock’s debt, $985.71M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.83%, maturing 2027 to 2055.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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