BlackRock (BLK) FCF Margin (2023 - 2026)
BlackRock's (BLK) quarterly FCF Margin came in at 15.78% in Q2 2026, down 773.0% year-over-year from 2.35% in Q2 2025, and up 197.34% quarter-over-quarter from 16.21% in Q1 2026.
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BlackRock (BLK) FCF Margin (2023 - 2026) Analysis & Trends
BlackRock (BLK) has reported FCF Margin for 4 consecutive years, with 15.78% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin fell 773.0% year-over-year to 15.78% in Q2 2026; TTM through Jun 2026 was 12.88%, a 513.0% decrease from a year earlier, with the FY2025 full-year figure at 14.67%, down 837.0% from the prior year.
- FCF Margin was 15.78% for Q2 2026 at BlackRock, up from 16.21% in the prior quarter.
- Over five years, FCF Margin peaked at 44.53% in Q4 2024 and troughed at 22.86% in Q1 2025.
- A 4-year average of 16.31% and a median of 23.51% in 2025 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin sank 1389 bps in 2025 and surged 664 bps in 2026, its largest moves.
- Over 4 years, FCF Margin stood at 40.47% in 2023, then gained by 10 bps to 44.53% in 2024, then plunged by 31 bps to 30.64% in 2025, then slumped by 48 bps to 15.78% in 2026.
- The last three FCF Margin figures came in at 15.78% (Q2 2026), 16.21% (Q1 2026), and 30.64% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.98 Bn | 151.11 Bn | - | 15.78% |
| 2 | Spdr Gold Trust | 143.46 Bn | -414.54 Bn | - | - |
| 3 | Ishares Gold Trust | 30.01 Bn | -30.09 Bn | - | - |
| 4 | World Gold Trust | 29.01 Bn | -74.06 Bn | - | - |
| 5 | Principal Financial | 24.83 Bn | -28.13 Bn | 1.91 Bn | 51.46% |
| 6 | iShares Silver Trust | 21.45 Bn | -6.76 Bn | - | - |
| 7 | Franklin Resources | 17.39 Bn | 13.67 Bn | - | 24.64% |
| 8 | Invesco | 14.41 Bn | 13.50 Bn | 1.79 Bn | 38.55% |
| 9 | Affiliated Managers | 9.35 Bn | 8.94 Bn | - | 37.30% |
| 10 | Voya Financial | 9.32 Bn | 6.97 Bn | 1.34 Bn | 4.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.78% |
| Mar 31, 2026 | -16.21% |
| Dec 31, 2025 | 30.64% |
| Sep 30, 2025 | 20.53% |
| Jun 30, 2025 | 23.51% |
| Mar 31, 2025 | -22.86% |
| Dec 31, 2024 | 44.53% |
| Sep 30, 2024 | 24.76% |
| Jun 30, 2024 | 28.26% |
| Mar 31, 2024 | -9.98% |
| Dec 31, 2023 | 40.47% |