BlackRock (BLK) Invested Capital (2023 - 2026)
BlackRock (BLK) posted Invested Capital of $70.58 billion for Q2 2026, up 13.7% from $62.07 billion a year earlier and up 1.3% from the prior quarter.
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Analysis
BlackRock (BLK) Invested Capital (2023 - 2026) Analysis & Trends
For FY2025, BlackRock's Invested Capital came in at $68.92 billion, up 14.9% from FY2024.
- In prior years, BlackRock's Invested Capital was $59.98 billion in FY2024 (+26.5%) and $47.42 billion in FY2023.
- The Q2 2026 figure stands as the highest quarterly Invested Capital in data going back to Q4 2023.
- On a year-over-year basis, Invested Capital has increased in each of the last four quarters, with growth averaging 19.5% over the last five quarters.
- According to Business Quant data, Invested Capital for the three prior quarters was $69.65 billion (Q1 2026), $68.92 billion (Q4 2025) and $68.5 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 188.98 Bn | 145.51 Bn | - | 76.67 Bn |
| 2 | Spdr Gold Trust | 130.03 Bn | -427.97 Bn | - | - |
| 3 | Brookfield | 104.97 Bn | -79.04 Bn | - | 18.80 Bn |
| 4 | Blackstone | 93.15 Bn | 87.36 Bn | - | 32.99 Bn |
| 5 | Kkr | 90.40 Bn | 57.10 Bn | 1.76 Bn | 129.79 Bn |
| 6 | Brookfield Asset Management | 85.45 Bn | 80.34 Bn | - | 15.28 Bn |
| 7 | Apollo Global Management | 72.50 Bn | 89.29 Bn | 4.14 Bn | 38.04 Bn |
| 8 | Wheaton Precious Metals | 62.02 Bn | 62.02 Bn | 538.50 Mn | 10.05 Bn |
| 9 | Ares Management | 50.21 Bn | 48.79 Bn | 376.28 Mn | 13.25 Bn |
| 10 | Franco Nevada | 49.31 Bn | 46.68 Bn | 451.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 76.67 Bn |
| Jun 30, 2026 | 70.58 Bn |
| Mar 31, 2026 | 69.65 Bn |
| Dec 31, 2025 | 68.92 Bn |
| Sep 30, 2025 | 68.50 Bn |
| Jun 30, 2025 | 62.07 Bn |
| Mar 31, 2025 | 60.56 Bn |
| Dec 31, 2024 | 59.98 Bn |
| Sep 30, 2024 | 53.72 Bn |
| Dec 31, 2023 | 47.42 Bn |
API Access
BlackRock Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=BLK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "BLK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=BLK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();