BlackRock (BLK) EBT Margin (2023 - 2026)
BlackRock (BLK) reported EBT Margin of 42.43% for Q1 2026, up 902.0% year-over-year from 4.23% in Q1 2025, and up 85.04% on a QoQ basis from 22.93% in Q4 2025.
BlackRock (BLK) has 4 years of EBT Margin data on file, last reported at 42.43% in Q1 2026.
- Quarterly EBT Margin rose 902.0% year-over-year to 42.43% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 33.93% (down 494.0% YoY) and the FY2025 annual result came in at 31.46%, down 919.0% from the prior year.
- EBT Margin rose to 42.43% in Q1 2026 per BLK's latest filing, from 22.93% in the prior quarter.
- Across five years, EBT Margin topped out at 43.58% in Q3 2024 and bottomed at 22.93% in Q4 2025.
- The 4-year median for EBT Margin is 40.46% (2024), against an average of 37.78%.
- The widest annual swing landed in 2025, when EBT Margin tumbled 1411 bps; it then soared 902 bps in 2026.
- Tracing BLK's EBT Margin over 4 years: stood at 41.61% in 2023, then slipped by 11 bps to 37.04% in 2024, then slumped by 38 bps to 22.93% in 2025, then surged by 85 bps to 42.43% in 2026.
- Per Business Quant, the three latest BLK EBT Margin figures stand at 42.43% (Q1 2026), 22.93% (Q4 2025), and 30.68% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 42.43% |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 40.22% |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 10.72% |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 52.02% |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 5.59% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 25.53% |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 23.41% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 52.23% |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 22.41% |
| 10 | Raymond James Financial | 28.62 Bn | 17.38 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 42.43% |
| Dec 31, 2025 | 22.93% |
| Sep 30, 2025 | 30.68% |
| Jun 30, 2025 | 41.53% |
| Mar 31, 2025 | 33.42% |
| Dec 31, 2024 | 37.04% |
| Sep 30, 2024 | 43.58% |
| Jun 30, 2024 | 41.91% |
| Mar 31, 2024 | 40.46% |
| Dec 31, 2023 | 41.61% |
| Sep 30, 2023 | 39.98% |