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
DateValue
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%