BlackRock (BLK) Free Cash Flow (2023 - 2026)

BlackRock's (BLK) quarterly Free Cash Flow came in at -$1.1 billion in Q1 2026, up 9.95% year-on-year from -$987.7 million in Q1 2025, and down 150.58% on a QoQ basis 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.

  • On a quarterly basis, Free Cash Flow rose 9.95% year-over-year to -$1.1 billion in Q1 2026; TTM through Mar 2026 was $3.7 billion, a 7.44% decrease from a year earlier, with the FY2025 full-year figure at $3.6 billion, down 24.44% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$1.1 billion, down from $2.1 billion in the prior quarter.
  • Over the last five years, Free Cash Flow for BLK reached as high as $2.5 billion in Q4 2024 and fell as low as -$1.2 billion in Q1 2025.
  • Historically, Free Cash Flow has averaged $904.1 million across 4 years, with a median of $1.3 billion in 2024.
  • Across the five-year window, Free Cash Flow soared 34.9% in 2024 and plunged 155.51% in 2025, its largest moves.
  • Year by year, Free Cash Flow stood at $1.9 billion in 2023, then surged by 34.9% to $2.5 billion in 2024, then retreated by 15.07% to $2.1 billion in 2025, then tumbled by 150.58% to -$1.1 billion in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were -$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 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - -1.09 Bn
3 Blackstone 97.77 Bn 96.72 Bn - 957.64 Mn
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 1.62 Bn
5 State Street 51.30 Bn 51.30 Bn - -12.41 Bn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 430.00 Mn
7 Northern Trust 32.93 Bn 32.93 Bn - -329.40 Mn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 1.05 Bn
9 Price T Rowe 24.70 Bn 21.13 Bn - 762.30 Mn
10 Principal Financial 23.31 Bn -27.00 Bn -463.00 Mn 153.30 Mn

Historic Data

Download Data
DateValue
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