BlackRock (BLK) Invested Capital (2023 - 2026)
BlackRock (BLK) posted quarterly Invested Capital of $7.9 billion for Q1 2026, up 79.16% year-over-year from $4.4 billion in Q1 2025, and down 6.69% quarter-over-quarter from $8.4 billion in Q4 2025.
BlackRock (BLK) Invested Capital (2023 - 2026) Analysis & Trends
BlackRock (BLK) has reported Invested Capital for 4 consecutive years, with $7.9 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Invested Capital rose 79.16% year-over-year to $7.9 billion; the TTM figure through Mar 2026 stood at $28.7 billion (up 230.69% YoY), while the FY2025 annual figure was $8.4 billion, up 95.93% from the prior year.
- Invested Capital slipped to $7.9 billion in Q1 2026 per BLK's latest filing, from $8.4 billion in the prior quarter.
- Across five years, Invested Capital topped out at $8.4 billion in Q4 2025 and bottomed at $99.0 million in Q4 2023.
- Historically, Invested Capital has averaged $5.4 billion across 4 years, with a median of $4.5 billion in 2025.
- Annual changes were most pronounced in 2024 — Invested Capital surged 4245.45% — and 2026, when it jumped 79.16%.
- BlackRock's Invested Capital stood at $99.0 million in 2023, then soared by 4245.45% to $4.3 billion in 2024, then surged by 95.93% to $8.4 billion in 2025, then retreated by 6.69% to $7.9 billion in 2026.
- Business Quant data shows BLK's Invested Capital at $7.9 billion in Q1 2026, $8.4 billion in Q4 2025, and $8.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 7.88 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | - |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 98.25 Mn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | 1.10 Bn |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | - |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | - |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | - |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | - |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | 829.00 Mn |
| 10 | Northern Trust | 33.87 Bn | 33.87 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.88 Bn |
| Mar 31, 2026 | 7.87 Bn |
| Dec 31, 2025 | 8.43 Bn |
| Sep 30, 2025 | 7.98 Bn |
| Jun 30, 2025 | 4.47 Bn |
| Mar 31, 2025 | 4.39 Bn |
| Dec 31, 2024 | 4.30 Bn |
| Dec 31, 2023 | 99.00 Mn |