BlackRock (BLK) Tax Rate (2023 - 2026)
BlackRock (BLK) posted quarterly Tax Rate of 18.16% for Q1 2026, up 409.0% year-over-year from 3.57% in Q1 2025, and up 124.98% quarter-over-quarter from 72.68% in Q4 2025.
BlackRock (BLK) Tax Rate (2023 - 2026) Analysis & Trends
BlackRock (BLK) has reported Tax Rate for 4 consecutive years, with 18.16% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 409.0% year-over-year to 18.16%; the TTM figure through Mar 2026 stood at 4.66% (down 1672.0% YoY), while the FY2025 annual figure was 1.8%, down 1970.0% from the prior year.
- Tax Rate advanced to 18.16% in Q1 2026 per BLK's latest filing, from 72.68% in the prior quarter.
- Across five years, Tax Rate topped out at 26.07% in Q2 2025 and bottomed at 72.68% in Q4 2025.
- Historically, Tax Rate has averaged 4.74% across 4 years, with a median of 18.16% in 2026.
- Annual changes were most pronounced in 2024 — Tax Rate surged 7504 bps — and 2025, when it tumbled 9370 bps.
- BlackRock's Tax Rate stood at 54.02% in 2023, then soared by 139 bps to 21.02% in 2024, then plunged by 446 bps to 72.68% in 2025, then surged by 125 bps to 18.16% in 2026.
- Business Quant data shows BLK's Tax Rate at 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 | BlackRock | 176.99 Bn | 163.12 Bn | - | 24.90% |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 16.11% |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 17.91% |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | - |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 12.14% |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 15.94% |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 21.96% |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 22.82% |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 25.59% |
| 10 | Raymond James Financial | 33.40 Bn | 20.15 Bn | - | 20.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.90% |
| Jun 30, 2026 | 24.90% |
| Jun 30, 2026 | 24.90% |
| 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% |