BlackRock (BLK) Tax Rate (2023 - 2026)
BlackRock (BLK) reported Tax Rate of 18.16% for Q1 2026, up 409.0% year-over-year from 3.57% in Q1 2025, and down 21.57% quarter-over-quarter from 23.15% 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.
- Tax Rate for Q1 2026 came in at 18.16%, up 409.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.36% (up 99.0% YoY), and the FY2025 annual result was 22.01%, up 52.0% from the prior year.
- Tax Rate retreated to 18.16% in Q1 2026 per BLK's latest filing, from 23.15% in the prior quarter.
- Over five years, Tax Rate peaked at 26.07% in Q2 2025 and troughed at 11.78% in Q3 2023.
- A 4-year average of 20.43% and a median of 22.73% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 1356 bps in 2024, then plunged 181 bps in 2025.
- A 4-year view of Tax Rate shows it stood at 22.73% in 2023, then fell by 8 bps to 21.02% in 2024, then climbed by 10 bps to 23.15% in 2025, then retreated by 22 bps to 18.16% in 2026.
- Business Quant data shows BLK's Tax Rate at 18.16% in Q1 2026, 23.15% in Q4 2025, and 23.54% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 18.16 |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 13.55 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 40.05 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 598.59 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 21.16 |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 20.02 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 24.99 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 19.13 |
| 10 | Principal Financial | 23.79 Bn | 20.28 Bn | -463.00 Mn | 14.30 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.16% |
| Mar 31, 2026 | 18.16% |
| Dec 31, 2025 | 23.15% |
| Dec 31, 2025 | 23.15% |
| Sep 30, 2025 | 23.54% |
| Sep 30, 2025 | 23.54% |
| Jun 30, 2025 | 26.07% |
| Jun 30, 2025 | 26.07% |
| Mar 31, 2025 | 14.07% |
| Mar 31, 2025 | 14.07% |
| Dec 31, 2024 | 21.02% |
| Dec 31, 2024 | 21.02% |
| Sep 30, 2024 | 25.34% |
| Sep 30, 2024 | 25.34% |
| Jun 30, 2024 | 23.68% |
| Jun 30, 2024 | 23.68% |
| Mar 31, 2024 | 15.16% |
| Mar 31, 2024 | 15.16% |
| Dec 31, 2023 | 22.73% |
| Dec 31, 2023 | 22.73% |