BlackRock (BLK) EV to FCF (2024 - 2026)
BlackRock's EV to FCF was 38.52 in Q2 2026, down 2.2% from 39.40 a year earlier but up 3.6% from the prior quarter.
BlackRock (BLK) EV to FCF (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, BlackRock's EV to FCF was 27.14 through Jun 30, 2026, down 6.5% year-over-year; for FY2025, it was 42.78, up 39.2% from FY2024.
- EV to FCF has now increased for three consecutive years.
- In earlier years, EV to FCF was 30.74 in FY2024 (+5.2%), 29.23 in FY2023 (+21.8%) and 23.99 in FY2022.
- Quarterly EV to FCF has moved between 30.74 (Q4 2024) and 42.84 (Q3 2025) over five years.
- Compared with a year earlier, EV to FCF was higher in three of the last four quarters, with growth averaging 19.9%.
- Per Business Quant data, BLK's EV to FCF in the three quarters before Q2 2026 was 37.17 (Q1 2026), 42.78 (Q4 2025) and 42.84 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn |
| 10 | Ameriprise Financial | 43.48 Bn | 4.90 Bn | 4.72 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.52 |
| Mar 31, 2026 | 37.17 |
| Dec 31, 2025 | 42.78 |
| Sep 30, 2025 | 42.84 |
| Jun 30, 2025 | 39.40 |
| Mar 31, 2025 | 35.04 |
| Dec 31, 2024 | 30.74 |
| Sep 30, 2024 | 31.32 |
BlackRock EV to FCF 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=ev-to-fcf&ticker=BLK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=BLK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();