BlackRock BLK
NYSE BLK
$1,072.51 -22.86 (-2.09%)
As of: Sep 9, 2026 · 3:59 PM EDT

BlackRock (BLK) Net Margin (2023 - 2026)

BlackRock's (BLK) quarterly Net Margin came in at 27.15% in Q2 2026, down 221.0% year-over-year from 22.43% in Q2 2025, and down 17.73% quarter-over-quarter from 32.99% in Q1 2026.

Analysis

BlackRock (BLK) Net Margin (2023 - 2026) Analysis & Trends

BlackRock (BLK) has reported Net Margin for 4 consecutive years, with 27.15% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Net Margin fell 221.0% year-over-year to 27.15% in Q2 2026; TTM through Jun 2026 was 24.11%, a 559.0% decrease from a year earlier, with the FY2025 full-year figure at 22.92%, down 829.0% from the prior year.
  • Net Margin was 27.15% for Q2 2026 at BlackRock, down from 32.99% in the prior quarter.
  • Over five years, Net Margin peaked at 35.54% in Q3 2023 and troughed at 16.05% in Q4 2025.
  • A 4-year average of 28.73% and a median of 29.62% in 2023 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin tumbled 1365 bps in 2025 and jumped 439 bps in 2026, its largest moves.
  • Over 4 years, Net Margin stood at 29.54% in 2023, then rose by 1 bps to 29.7% in 2024, then plunged by 46 bps to 16.05% in 2025, then jumped by 69 bps to 27.15% in 2026.
  • The last three Net Margin figures came in at 27.15% (Q2 2026), 32.99% (Q1 2026), and 16.05% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 BlackRock 166.84 Bn 152.97 Bn - 27.15%
2 Spdr Gold Trust 146.01 Bn -412.00 Bn - -
3 Ishares Gold Trust 30.54 Bn -29.57 Bn - -
4 World Gold Trust 29.53 Bn -73.54 Bn - -
5 Principal Financial 24.58 Bn -28.39 Bn 1.91 Bn 11.02%
6 iShares Silver Trust 22.65 Bn -5.56 Bn - -
7 Franklin Resources 17.60 Bn 13.88 Bn - 10.83%
8 Invesco 14.52 Bn 13.60 Bn 1.79 Bn 18.91%
9 Affiliated Managers 9.42 Bn 9.01 Bn - 37.05%
10 Voya Financial 9.29 Bn 6.93 Bn 1.34 Bn 4.75%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 27.15%
Mar 31, 2026 32.99%
Dec 31, 2025 16.05%
Sep 30, 2025 20.36%
Jun 30, 2025 29.36%
Mar 31, 2025 28.60%
Dec 31, 2024 29.70%
Sep 30, 2024 31.21%
Jun 30, 2024 31.11%
Mar 31, 2024 33.12%
Dec 31, 2023 29.54%
Sep 30, 2023 35.54%