BlackRock, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $24.2B | $20.4B | $17.9B | $17.9B | — |
| Operating expenses | $17.2B | $12.8B | $11.6B | $11.5B | — |
| Operating income | $7.0B | $7.6B | $6.3B | $6.4B | — |
| Interest expense | $614.0M | $538.0M | $292.0M | $212.0M | — |
| Pretax income | $7.6B | $8.3B | $7.2B | $6.3B | — |
| Income tax expense | $1.7B | $1.8B | $1.5B | $1.3B | — |
| Net income | $5.6B | $6.4B | $5.5B | $5.2B | — |
| Balance Sheet | |||||
| Cash and equivalents | $11.5B | $12.8B | $8.7B | — | — |
| Total assets | $170.0B | $138.6B | $123.2B | — | — |
| Total liabilities | $108.5B | $89.3B | $82.0B | — | — |
| Stockholders' equity | $55.9B | $47.5B | $39.3B | $37.9B | $37.8B |
| Cash Flow Statement | |||||
| Cash from operations | $3.9B | $5.0B | $4.2B | $5.0B | — |
| Depreciation and amortization | $1.1B | $529.0M | $427.0M | $418.0M | — |
| Stock-based compensation | $1.3B | $753.0M | $630.0M | $708.0M | — |
| Capital expenditure | $375.0M | $255.0M | $344.0M | $533.0M | — |
| Free cash flow | $3.6B | $4.7B | $3.8B | $4.4B | — |
| Dividends paid | — | $3.1B | $3.0B | $3.0B | — |
| Share repurchases | — | $1.9B | $1.9B | $2.3B | — |
| Impairments | $0 | $0 | $0 | $0 | — |
Shares outstanding 155.2M · Free float 98.0%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.