BlackRock (BLK) Capital Expenditures (2023 - 2026)
BlackRock (BLK) recorded Capital Expenditures of $109 million in Q2 2026, up 22.5% from $89 million a year earlier and up 2.8% from the prior quarter.
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Analysis
BlackRock (BLK) Capital Expenditures (2023 - 2026) Analysis & Trends
On a TTM basis, BlackRock's Capital Expenditures came in at $423 million as of Jun 30, 2026, up 20.5% year-over-year; for FY2025, it came in at $375 million, up 47.1% from FY2024.
- Annual Capital Expenditures has a three-year compound annual growth rate of -11.1% (FY2022 to FY2025).
- Across earlier years, Capital Expenditures came in at $255 million in FY2024 (-25.9%), $344 million in FY2023 (-35.5%) and $533 million in FY2022.
- Quarterly Capital Expenditures has ranged from $7 million in Q2 2024 to $130 million in Q4 2025 over the past five years.
- On a year-over-year basis, Capital Expenditures has increased for three consecutive quarters, with growth averaging 13.4% over the last six quarters.
- Per Business Quant, the preceding three quarters came in at $106 million (Q1 2026), $130 million (Q4 2025) and $78 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - | 109.00 Mn |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - | - |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - | 31.96 Mn |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - | 48.57 Mn |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn | - |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - | 10.00 Mn |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn | - |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn | -100,000.00 |
| 10 | Ameriprise Financial | 43.92 Bn | 5.34 Bn | 4.72 Bn | 37.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 109.00 Mn |
| Mar 31, 2026 | 106.00 Mn |
| Dec 31, 2025 | 130.00 Mn |
| Sep 30, 2025 | 78.00 Mn |
| Jun 30, 2025 | 89.00 Mn |
| Mar 31, 2025 | 78.00 Mn |
| Dec 31, 2024 | 90.00 Mn |
| Sep 30, 2024 | 94.00 Mn |
| Jun 30, 2024 | 7.00 Mn |
| Mar 31, 2024 | 64.00 Mn |
| Dec 31, 2023 | 124.00 Mn |
API Access
BlackRock Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=BLK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "BLK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=BLK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();