KPIs & Operating Metrics(New)
Growth Metrics

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 🔒
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
Sep 30, 2023 11.78
Sep 30, 2023 11.78