BlackRock (BLK) Operating Margin (2023 - 2026)

BlackRock (BLK) has 4 years of Operating Margin data on file, last reported at 42.01% in Q1 2026.

• On a quarterly basis, Operating Margin rose 983.0% year-over-year to 42.01% in Q1 2026; TTM through Mar 2026 was 31.83%, a 434.0% decrease from a year earlier, with the FY2025 full-year figure at 29.09%, down 802.0% from the prior year.
• Operating Margin for Q1 2026 stood at 42.01%, up from 23.7% in the prior quarter.
• Over the last five years, Operating Margin for BLK reached as high as 42.01% in Q1 2026 and fell as low as 23.7% in Q4 2025.
• Historically, Operating Margin has averaged 34.43% across 4 years, with a median of 35.81% in 2024.
• Across the five-year window, Operating Margin slumped 1285 bps in 2025 and jumped 983 bps in 2026, its largest moves.
• Year by year, Operating Margin stood at 34.23% in 2023, then increased by 7 bps to 36.55% in 2024, then tumbled by 35 bps to 23.7% in 2025, then jumped by 77 bps to 42.01% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 42.01% in Q1 2026, 23.7% in Q4 2025, and 30.04% in Q3 2025.