KPIs & Operating Metrics(New)
Growth Metrics

BlackRock (BLK) Net Margin (2023 - 2026)

BlackRock has reported Net Margin over the past 3 years, most recently at 16.89% for Q4 2025.

  • Quarterly Net Margin fell 1252.0% to 16.89% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 23.77% through Dec 2025, down 789.0% year-over-year, with the annual reading at 23.46% for FY2025, 775.0% down from the prior year.
  • Net Margin was 16.89% for Q4 2025 at BlackRock, down from 21.4% in the prior quarter.
  • Over five years, Net Margin peaked at 35.27% in Q3 2023 and troughed at 16.89% in Q4 2025.
  • The 3-year median for Net Margin is 31.04% (2024), against an average of 29.49%.
  • The largest YoY upside for Net Margin was -128bps in 2025 against a maximum downside of -1252bps in 2025.
  • A 3-year view of Net Margin shows it stood at 34.83% in 2023, then fell by -16bps to 29.42% in 2024, then plummeted by -43bps to 16.89% in 2025.
  • Per Business Quant, the three most recent readings for BLK's Net Margin are 16.89% (Q4 2025), 21.4% (Q3 2025), and 30.7% (Q2 2025).