BlackRock (BLK) EBITDA Margin (2023 - 2026)
BlackRock (BLK) reported EBITDA Margin of 42.01% for Q1 2026, up 983.0% year-over-year from 3.88% in Q1 2025, and up 176.69% quarter-over-quarter from 54.78% in Q4 2025.
BlackRock (BLK) EBITDA Margin (2023 - 2026) Analysis & Trends
BlackRock (BLK) has 4 years of EBITDA Margin data on file, last reported at 42.01% in Q1 2026.
- EBITDA Margin for Q1 2026 came in at 42.01%, up 983.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.38% (up 219.0% YoY), and the FY2025 annual result was 6.38%, down 201.0% from the prior year.
- EBITDA Margin improved to 42.01% in Q1 2026 per BLK's latest filing, from 54.78% in the prior quarter.
- Over five years, EBITDA Margin peaked at 42.01% in Q1 2026 and troughed at 69.62% in Q4 2023.
- A 4-year average of 8.46% and a median of 32.18% in 2025 frame the typical range for EBITDA Margin.
- On a YoY basis, EBITDA Margin climbed as much as 1193 bps in 2025 and fell as far as 856 bps in 2025.
- A 4-year view of EBITDA Margin shows it stood at 69.62% in 2023, then grew by 4 bps to 66.71% in 2024, then advanced by 18 bps to 54.78% in 2025, then surged by 177 bps to 42.01% in 2026.
- Business Quant data shows BLK's EBITDA Margin at 42.01% in Q1 2026, 54.78% in Q4 2025, and 30.04% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 42.01% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 44.01% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 46.06% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 1.56% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 73.37% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 18.44% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 170.02% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 12.29% |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 26.04% |
| 10 | Principal Financial | 23.79 Bn | 20.28 Bn | -463.00 Mn | 104.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 42.01% |
| Dec 31, 2025 | -54.78% |
| Sep 30, 2025 | 30.04% |
| Jun 30, 2025 | 31.92% |
| Mar 31, 2025 | 32.18% |
| Dec 31, 2024 | -66.71% |
| Sep 30, 2024 | 38.60% |
| Jun 30, 2024 | 37.46% |
| Mar 31, 2024 | 35.81% |
| Dec 31, 2023 | -69.62% |
| Sep 30, 2023 | 36.20% |