BlackRock (BLK) Free Cash Flow (2023 - 2026)
BlackRock (BLK) reported Free Cash Flow of -$1.1 billion for Q1 2026, up 9.95% year-over-year from -$987.7 million in Q1 2025, and down 150.58% quarter-over-quarter from $2.1 billion in Q4 2025.
BlackRock (BLK) Free Cash Flow (2023 - 2026) Analysis & Trends
BlackRock (BLK) has 4 years of Free Cash Flow data on file, last reported at -$1.1 billion in Q1 2026.
- Free Cash Flow for Q1 2026 came in at -$1.1 billion, up 9.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.7 billion (down 7.44% YoY), and the FY2025 annual result was $3.6 billion, down 24.44% from the prior year.
- Free Cash Flow slipped to -$1.1 billion in Q1 2026 per BLK's latest filing, from $2.1 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $2.5 billion in Q4 2024 and troughed at -$1.2 billion in Q1 2025.
- A 4-year average of $904.1 million and a median of $1.3 billion in 2024 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2024 and 2025: Free Cash Flow surged 34.9% in 2024, then slumped 155.51% in 2025.
- A 4-year view of Free Cash Flow shows it stood at $1.9 billion in 2023, then surged by 34.9% to $2.5 billion in 2024, then dropped by 15.07% to $2.1 billion in 2025, then slumped by 150.58% to -$1.1 billion in 2026.
- Business Quant data shows BLK's Free Cash Flow at -$1.1 billion in Q1 2026, $2.1 billion in Q4 2025, and $1.3 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | -1.09 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 957.64 Mn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 1.72 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 1.62 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | -12.41 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 430.00 Mn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | -329.40 Mn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 1.05 Bn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 390.87 Mn |
| 10 | Principal Financial | 23.79 Bn | 20.28 Bn | -463.00 Mn | 153.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.09 Bn |
| Mar 31, 2026 | -1.09 Bn |
| Dec 31, 2025 | 2.15 Bn |
| Dec 31, 2025 | 2.15 Bn |
| Sep 30, 2025 | 1.34 Bn |
| Sep 30, 2025 | 1.34 Bn |
| Jun 30, 2025 | 1.28 Bn |
| Jun 30, 2025 | 1.28 Bn |
| Mar 31, 2025 | -1.21 Bn |
| Mar 31, 2025 | -1.21 Bn |
| Dec 31, 2024 | 2.53 Bn |
| Dec 31, 2024 | 2.53 Bn |
| Sep 30, 2024 | 1.29 Bn |
| Sep 30, 2024 | 1.29 Bn |
| Jun 30, 2024 | 1.36 Bn |
| Jun 30, 2024 | 1.36 Bn |
| Mar 31, 2024 | -472.00 Mn |
| Mar 31, 2024 | -472.00 Mn |
| Dec 31, 2023 | 1.87 Bn |
| Dec 31, 2023 | 1.87 Bn |