KPIs & Operating Metrics(New)
Growth Metrics

BlackRock (BLK) FCF Margin (2023 - 2026)

BlackRock has reported FCF Margin over the past 3 years, most recently at 30.64% for Q4 2025.

  • Quarterly FCF Margin fell 1389.0% to 30.64% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 14.67% through Dec 2025, down 837.0% year-over-year, with the annual reading at 14.67% for FY2025, 837.0% down from the prior year.
  • FCF Margin was 30.64% for Q4 2025 at BlackRock, up from 20.53% in the prior quarter.
  • Over five years, FCF Margin peaked at 44.53% in Q4 2024 and troughed at 22.86% in Q1 2025.
  • The 3-year median for FCF Margin is 24.76% (2024), against an average of 19.98%.
  • Year-over-year, FCF Margin surged 406bps in 2024 and then tumbled -1389bps in 2025.
  • A 3-year view of FCF Margin shows it stood at 40.47% in 2023, then increased by 10bps to 44.53% in 2024, then tumbled by -31bps to 30.64% in 2025.
  • Per Business Quant, the three most recent readings for BLK's FCF Margin are 30.64% (Q4 2025), 20.53% (Q3 2025), and 23.51% (Q2 2025).