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% on a QoQ basis from 23.15% in Q4 2025.
BlackRock (BLK) has 4 years of Tax Rate data on file, last reported at 18.16% in Q1 2026.
- Quarterly Tax Rate rose 409.0% year-over-year to 18.16% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.36% (up 99.0% YoY) and the FY2025 annual result came in at 22.01%, up 52.0% from the prior year.
- Tax Rate slipped to 18.16% in Q1 2026 per BLK's latest filing, from 23.15% in the prior quarter.
- Across five years, Tax Rate topped out at 26.07% in Q2 2025 and bottomed at 11.78% in Q3 2023.
- The 4-year median for Tax Rate is 22.73% (2023), against an average of 20.43%.
- The widest annual swing landed in 2024, when Tax Rate surged 1356 bps; it then slumped 181 bps in 2025.
- Tracing BLK's Tax Rate over 4 years: stood at 22.73% in 2023, then dropped by 8 bps to 21.02% in 2024, then gained by 10 bps to 23.15% in 2025, then declined by 22 bps to 18.16% in 2026.
- Per Business Quant, the three latest BLK Tax Rate figures stand at 18.16% (Q1 2026), 23.15% (Q4 2025), and 23.54% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 18.16 |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 13.55 |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 40.05 |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 15.80 |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 598.59 |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 21.16 |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 20.02 |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 24.99 |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 19.13 |
| 10 | Raymond James Financial | 28.62 Bn | 17.38 Bn | - | - |
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 |
| Sep 30, 2023 | 11.78 |
| Sep 30, 2023 | 11.78 |