financial statements

The full income statement, balance sheet, and cash-flow statement for BlackRock Inc. (BLK), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	24.2B YoY+18.7%	20.4B YoY+14.3%	17.9B YoY-0.1%	17.9B	—
	17.2B YoY+33.8%	12.8B YoY+10.8%	11.6B YoY+0.8%	11.5B	—
Selling, general & administrative	2.73B YoY+21.0%	2.26B YoY+7.9%	2.09B YoY+1.7%	2.06B	—
General & administrative	2.73B YoY+21.0%	2.26B YoY+7.9%	2.09B YoY+1.7%	2.06B	—
Restructuring	39.0M	0.00 YoY-100.0%	61.0M YoY-33.0%	91.0M	—
Operating income	7.04B YoY-7.0%	7.57B YoY+20.7%	6.28B YoY-1.7%	6.38B	—
Interest expense	614M YoY+14.1%	538M YoY+84.2%	292M YoY+37.7%	212M	—
Other non-operating income	574M YoY-20.4%	721M YoY-18.1%	880M YoY+1026.3%	-95.0M	—
Equity-method income	51.0M YoY+24.4%	41.0M YoY-89.2%	378M YoY+1203.4%	29.0M	—
Pre-tax income	7.62B YoY-8.1%	8.29B YoY+15.9%	7.16B YoY+13.8%	6.29B	—
Income tax	1.68B YoY-5.9%	1.78B YoY+20.6%	1.48B YoY+14.1%	1.30B	—
	5.55B YoY-12.8%	6.37B YoY+15.8%	5.50B YoY+6.3%	5.18B YoY-12.3%	5.90B
Net income to non-controlling interest	—	143M YoY-17.8%	174M YoY+194.6%	-184M	—
	$35.31 YoY-15.9%	$42.01 YoY+15.1%	$36.51 YoY+7.5%	$33.97	—
EPS (basic)	$35.83 YoY-15.6%	$42.45 YoY+15.2%	$36.85 YoY+7.4%	$34.31	—
Weighted-avg shares (basic)	155M YoY+3.3%	150M YoY+0.5%	149M YoY-1.1%	151M	—
Weighted-avg shares (diluted)	161M YoY+6.1%	152M YoY+0.6%	151M YoY-1.1%	152M	—
Dividends per share	$20.84 YoY+2.2%	$20.40 YoY+2.0%	$20.00 YoY+2.5%	$19.52	—
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash & equivalents	11.5B YoY-10.1%	12.8B YoY+46.1%	8.74B YoY+17.5%	7.43B YoY-20.4%	9.34B
	170B YoY+22.6%	139B YoY+12.5%	123B	—	—
Property, plant & equipment	1.26B YoY+13.9%	1.10B YoY-0.8%	1.11B	—	—
Operating lease right-of-use	1.87B YoY+23.4%	1.52B YoY+6.9%	1.42B	—	—
Goodwill	35.3B YoY+36.0%	25.9B YoY+67.2%	15.5B YoY+1.2%	15.3B	—
Intangible assets	28.0B YoY+34.8%	20.7B YoY+13.6%	18.3B	—	—
	108B YoY+21.5%	89.3B YoY+8.9%	82.0B	—	—
Long-term debt	12.8B YoY+3.7%	12.3B YoY+55.5%	7.92B	—	—
	55.9B YoY+17.7%	47.5B YoY+20.7%	39.3B YoY+3.9%	37.9B YoY+0.2%	37.8B
Common stock	2.00M YoY+0.0%	2.00M YoY+0.0%	2.00M	—	—
Additional paid-in capital	19.7B YoY+46.9%	13.4B YoY-32.2%	19.8B	—	—
Treasury stock	1.22B YoY+215.0%	386M YoY-96.8%	12.0B	—	—
Accumulated other comprehensive income	-545M YoY+53.7%	-1.18B YoY-40.2%	-840M	—	—
Non-controlling interest	227M YoY+34.3%	169M YoY+10.5%	153M	—	—
Total equity incl. non-controlling	56.1B YoY+17.7%	47.7B YoY+20.7%	39.5B YoY+4.3%	37.9B YoY+0.2%	37.8B
Total liabilities & equity	170B YoY+22.6%	139B YoY+12.5%	123B	—	—
Common shares issued	156M YoY+0.6%	155M YoY-9.7%	172M	—	—
Common shares outstanding	155M YoY+0.1%	155M YoY+4.3%	149M	—	—
Shares outstanding (cover)	155M YoY+0.0%	155M	—	—	—
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	3.93B YoY-20.8%	4.96B YoY+19.0%	4.17B YoY-16.0%	4.96B	—
Depreciation & amortization	1.13B YoY+112.9%	529M YoY+23.9%	427M YoY+2.2%	418M	—
Share-based compensation	1.31B YoY+73.6%	753M YoY+19.5%	630M YoY-11.0%	708M	—
Deferred income taxes	-631M YoY-495.3%	-106M YoY-185.5%	124M YoY-79.4%	602M	—
Change in receivables	619M YoY+39.7%	443M YoY-24.4%	586M YoY+240.9%	-416M	—
	-4.42B YoY-47.1%	-3.00B YoY-213.2%	-959M YoY+15.1%	-1.13B	—
Capital expenditure	375M YoY+47.1%	255M YoY-25.9%	344M YoY-35.5%	533M	—
Acquisitions	3.50B YoY+19.1%	2.94B YoY+1453.4%	189M	0.00	—
Purchases of investments	1.38B YoY+69.2%	818M YoY-3.3%	846M YoY+2.7%	824M	—
Sales/maturities of investments	544M YoY-29.0%	766M YoY+91.5%	400M YoY+65.3%	242M	—
	-1.13B YoY-150.4%	2.24B YoY+212.2%	-1.99B YoY+63.4%	-5.44B	—
Long-term debt issued	1.08B YoY-80.3%	5.47B YoY+342.2%	1.24B	0.00	—
Long-term debt repaid	796M YoY-20.4%	1.00B	0.00 YoY-100.0%	750M	—
Common stock repurchased	—	1.93B YoY+2.4%	1.88B YoY-19.2%	2.33B	—
Dividends paid	—	3.10B YoY+2.2%	3.04B YoY+1.5%	2.99B	—
Other financing activities	5.00M YoY+127.8%	-18.0M YoY-169.2%	26.0M YoY-3.7%	27.0M	—
FX effect on cash	329M YoY+303.1%	-162M YoY-252.8%	106M YoY+136.4%	-291M	—
Net change in cash	-1.29B YoY-132.0%	4.03B YoY+205.0%	1.32B YoY+169.2%	-1.91B	—
Interest paid	482M YoY+66.8%	289M YoY+44.5%	200M YoY+13.0%	177M	—
Income taxes paid	2.30B YoY+35.3%	1.70B YoY+22.1%	1.39B YoY+30.5%	1.07B	—
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	166B YoY+4.4%	159B	—	—	—
P/E	29.9× YoY+19.8%	24.9×	—	—	—
P/S	6.8× YoY-12.0%	7.8×	—	—	—
P/B	3.0× YoY-11.2%	3.3×	—	—	—
P/FCF	46.7× YoY+38.2%	33.8×	—	—	—
Earnings yield	3.3% YoY-16.5%	4.0%	—	—	—
FCF yield	2.1% YoY-27.7%	3.0%	—	—	—
Dividend yield	1.9% YoY-2.2%	2.0%	—	—	—
Source filing	10-K	10-K	10-K	10-K	DEF 14A

About this data

Source: BLK's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all BLK filings on SEC EDGAR → Not investment advice.

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About this data

financial statements