BlackRock (BLK) Tax Rate (2023 - 2026)

BlackRock's (BLK) quarterly Tax Rate came in at 18.16% in Q1 2026, up 409.0% year-on-year from 3.57% in Q1 2025, and up 124.98% on a QoQ basis from 72.68% in Q4 2025.

BlackRock (BLK) Tax Rate (2023 - 2026) Analysis & Trends

BlackRock (BLK) has 4 years of Tax Rate data on file, last reported at 18.16% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 409.0% year-over-year to 18.16% in Q1 2026; TTM through Mar 2026 was 4.66%, a 1672.0% decrease from a year earlier, with the FY2025 full-year figure at 1.8%, down 1970.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 18.16%, up from 72.68% in the prior quarter.
  • Over the last five years, Tax Rate for BLK reached as high as 26.07% in Q2 2025 and fell as low as 72.68% in Q4 2025.
  • Historically, Tax Rate has averaged 4.74% across 4 years, with a median of 18.16% in 2026.
  • Across the five-year window, Tax Rate soared 7504 bps in 2024 and sank 9370 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 54.02% in 2023, then surged by 139 bps to 21.02% in 2024, then plunged by 446 bps to 72.68% in 2025, then jumped by 125 bps to 18.16% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 18.16% in Q1 2026, 72.68% in Q4 2025, and 23.54% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -1.22%
2 BlackRock 161.01 Bn 148.08 Bn - 18.16%
3 Blackstone 97.77 Bn 96.72 Bn - 13.55%
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn 598.59%
5 State Street 51.30 Bn 51.30 Bn - 21.16%
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn 20.02%
7 Northern Trust 32.93 Bn 32.93 Bn - 24.99%
8 Raymond James Financial 32.59 Bn 17.67 Bn - 25.99%
9 Price T Rowe 24.70 Bn 21.13 Bn - 23.43%
10 Principal Financial 23.31 Bn -27.00 Bn -463.00 Mn 14.30%

Historic Data

Download Data
DateValue
Mar 31, 2026 18.16%
Mar 31, 2026 18.16%
Mar 31, 2026 18.16%
Dec 31, 2025 -72.68%
Dec 31, 2025 -72.68%
Dec 31, 2025 -72.68%
Sep 30, 2025 23.54%
Sep 30, 2025 23.54%
Sep 30, 2025 23.54%
Jun 30, 2025 26.07%
Jun 30, 2025 26.07%
Jun 30, 2025 26.07%
Mar 31, 2025 14.07%
Mar 31, 2025 14.07%
Mar 31, 2025 14.07%
Dec 31, 2024 21.02%
Dec 31, 2024 21.02%
Dec 31, 2024 21.02%
Sep 30, 2024 25.34%
Sep 30, 2024 25.34%