BLKNYSESEC EDGAREDGAR

BlackRock, Inc.

Security Brokers, Dealers & Flotation Companies·NEW YORK, NY·FY end 12/31·CIK 2012383

Financials

2-year history · USD
MetricFY 2025FY 2024Trend
Revenue$24.2B$12.8B
Gross Profit———
Operating Income$7.0B$7.6B
Net Income$5.6B$6.4B
Operating CF$3.9B$5.0B
Capex$375.0M$255.0M
Free Cash Flow$3.6B$4.7B
Buybacks—$1.9B—
Dividends———
Gross Margin———
Operating Margin29.1%59.2%
Net Margin22.9%49.8%
FCF Margin14.7%36.7%
R&D / Revenue———
Effective Tax22.0%21.5%
Debt / Equity0.230.26
Buybacks / FCF—41.1%—

Peer comparison

Security Brokers, Dealers & Flotation Companies · 5 peers
CEO Pay Ratio
BLK
245:1
MS
273:1
IBKR
177:1
SF
145:1
RJF
153:1
VIRT
54:1
CEO total comp
BLK
$38M
MS
$37M
IBKR
$20M
SF
$19M
RJF
$17M
VIRT
$17M
Net Margin
BLK
22.9%
MS
—
IBKR
—
SF
10.8%
RJF
13.4%
VIRT
12.9%