BlackRock (BLK) Tax Rate (2023 - 2026)
BlackRock's Tax Rate was 24.90% in Q2 2026, down 1.17 percentage points from 26.07% a year earlier but up 6.74 percentage points from the prior quarter.
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Analysis
BlackRock (BLK) Tax Rate (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, BlackRock's Tax Rate was 22.20% through Jun 30, 2026, up 0.12 percentage points year-over-year; for FY2025, it came in at 22.01%, up 0.52 percentage points from FY2024.
- Tax Rate has now increased for three consecutive years, with a three-year change of +1.41 percentage points (FY2022 to FY2025).
- In earlier years, Tax Rate was 21.49% in FY2024 (+0.82 pp), 20.67% in FY2023 (+0.07 pp) and 20.60% in FY2022.
- Quarterly Tax Rate has moved between 11.78% (Q3 2023) and 26.07% (Q2 2025) over five years.
- Compared with a year earlier, Tax Rate was higher in four of the last eight quarters, with an average year-over-year change of +2.05 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2024 (a gain of 13.56 percentage points); the worst was Q3 2025 (a drop of 1.81 percentage points).
- Per Business Quant data, BLK's Tax Rate in the three quarters before Q2 2026 was 18.16% (Q1 2026), 23.15% (Q4 2025) and 23.54% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - | 24.90% |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - | - |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - | 16.11% |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - | 17.91% |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn | - |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - | 12.14% |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn | 15.94% |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn | 15.06% |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn | 23.17% |
| 10 | Ameriprise Financial | 43.81 Bn | 5.23 Bn | 4.72 Bn | 22.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.90% |
| Mar 31, 2026 | 18.16% |
| Dec 31, 2025 | 23.15% |
| Sep 30, 2025 | 23.54% |
| Jun 30, 2025 | 26.07% |
| Mar 31, 2025 | 14.07% |
| Dec 31, 2024 | 21.02% |
| Sep 30, 2024 | 25.34% |
| Jun 30, 2024 | 23.68% |
| Mar 31, 2024 | 15.16% |
| Dec 31, 2023 | 22.73% |
| Sep 30, 2023 | 11.78% |
API Access
BlackRock Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=BLK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "BLK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=BLK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();