BlackRock (BLK) EBITDA Margin (2023 - 2026)
BlackRock (BLK) reported EBITDA Margin of 40.18% for Q2 2026, up 4.25 percentage points from 35.92% a year earlier but down 7.51 percentage points from the prior quarter.
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Analysis
BlackRock (BLK) EBITDA Margin (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, BlackRock's EBITDA Margin came in at 37.99%, down 0.16 percentage points year-over-year; for FY2025, it was 33.74%, down 5.96 percentage points from FY2024.
- EBITDA Margin has a three-year change of -4.32 percentage points (FY2022 to FY2025).
- By year, EBITDA Margin came in at 39.71% in FY2024 (+2.18 pp), 37.53% in FY2023 (-0.54 pp) and 38.06% in FY2022.
- Five-year quarterly EBITDA Margin spans a low of 28.97% in Q4 2025 and a high of 47.69% in Q1 2026.
- Year over year, EBITDA Margin gained in three of the last seven quarters, with an average year-over-year change of -0.43 percentage points.
- Per Business Quant data, the three quarters before Q2 2026 came in at 47.69% (Q1 2026), 28.97% (Q4 2025) and 35.35% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.87 Bn | 123.00 Bn | - | 40.18% |
| 2 | Spdr Gold Trust | 137.09 Bn | -420.91 Bn | - | - |
| 3 | Blackstone | 88.19 Bn | 78.17 Bn | - | - |
| 4 | Brookfield | 84.66 Bn | -98.66 Bn | - | - |
| 5 | Kkr | 80.73 Bn | 873.95 Mn | - | 35.54% |
| 6 | Brookfield Asset Management | 73.67 Bn | 68.48 Bn | - | 79.86% |
| 7 | Apollo Global Management | 66.53 Bn | -16.26 Bn | 10.56 Bn | 20.01% |
| 8 | Wheaton Precious Metals | 59.82 Bn | 55.24 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 46.75 Bn | 44.11 Bn | 451.00 Mn | 91.19% |
| 10 | Ameriprise Financial | 45.03 Bn | 6.45 Bn | 4.72 Bn | 24.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.18% |
| Mar 31, 2026 | 47.69% |
| Dec 31, 2025 | 28.97% |
| Sep 30, 2025 | 35.35% |
| Jun 30, 2025 | 35.92% |
| Mar 31, 2025 | 35.86% |
| Dec 31, 2024 | 40.07% |
| Sep 30, 2024 | 40.72% |
| Jun 30, 2024 | 39.71% |
| Mar 31, 2024 | 38.16% |
| Dec 31, 2023 | 36.62% |
API Access
BlackRock EBITDA Margin 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=ebitda-margin&ticker=BLK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=BLK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();