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| Date | Value |
|---|---|
| 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% |