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BlackRock, Inc. (BLK) EBITDA Margin: 34.99%

Is BlackRock, Inc.’s EBITDA margin high or low?

BlackRock, Inc.'s EBITDA margin of 34.99% is in line with its 5-year average of 38.33%, near the low end of its 5-year range (34.99%–40.77%).

As of Thursday, June 18, 2026. 6.95% below its 12-month average of 37.61%.

BLK EBITDA Margin Chart

BLK EBITDA Margin
34.99%-13.00% 1Y
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BLK Average EBITDA Margin Chart

BLK Current vs Average EBITDA Margin Chart

BLK EBITDA Margin Metrics

EBITDA MARGIN

34.99%

EBITDA MARGIN AVG TTM

37.61%

EBITDA MARGIN AVG 3Y

37.93%

EBITDA MARGIN AVG 5Y

38.33%

EBITDA MARGIN AVG 10Y

39.58%

EBITDA MARGIN AVG 15Y

40.03%

EBITDA MARGIN AVG 20Y

39.63%

CURRENT VS TTM AVG

-6.95%

CURRENT VS 3Y AVG

-7.75%

CURRENT VS 5Y AVG

-8.71%

CURRENT VS 10Y AVG

-11.59%

CURRENT VS 15Y AVG

-12.60%

CURRENT VS 20Y AVG

-11.70%

BLK Competitors' EBITDA Margin

NAMEMARKET CAPEBITDA MARGINTTM3Y5Y
BlackRock, Inc. (BLK)$164.14B34.99%37.61%37.93%38.33%
The Charles Schwab Corporation (SCHW)vs ›$164.37B46.33%40.72%39.84%41.10%
Chubb Limited (CB)vs ›$127.20B23.60%22.95%20.98%20.61%
S&P Global Inc. (SPGI)vs ›$123.73B50.16%48.94%48.22%49.12%
The Progressive Corporation (PGR)vs ›$119.45B16.90%15.93%10.91%11.96%
Brookfield Corporation (BN)vs ›$99.93B43.04%38.49%33.99%32.85%
American Express Company (AXP)vs ›$232.37B19.35%19.50%19.30%20.05%
Robinhood Markets, Inc. (HOOD)vs ›$94.73B48.74%43.53%-1.12%-15.18%
The PNC Financial Services Group, Inc. (PNC)vs ›$93.62B27.36%24.81%26.49%29.56%
CME Group Inc. (CME)vs ›$91.51B87.73%84.97%83.39%80.99%

Margin Comparison

Gross Margin

59.1%

EBITDA Margin

35.0%

Operating Margin

29.9%

Net Margin

24.3%

Formula: EBITDA Margin = (EBITDA / Revenue) × 100

Why EBITDA Margin matters:

  • Removes effects of depreciation policies (D&A)
  • Capital structure neutral (ignores interest)
  • Tax neutral (ignores tax differences)
  • Good proxy for operating cash generation

BlackRock, Inc. EBITDA Margin Formula & Definition

EBITDA Margin = EBITDA / Revenue

EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

BlackRock, Inc. EBITDA Margin FAQ

What is the EBITDA margin for BlackRock, Inc. (BLK)?
The EBITDA margin for BLK stock is 34.99%.
Is BlackRock, Inc.'s EBITDA margin high or low?
BlackRock, Inc.'s EBITDA margin of 34.99% is in line with its 5-year average of 38.33%, near the low end of its 5-year range (34.99%–40.77%).
What is the TTM average EBITDA margin for BlackRock, Inc. (BLK)?
The TTM average EBITDA margin for BLK stock is 37.61%.
What is the 3Y average EBITDA margin for BlackRock, Inc. (BLK)?
The 3Y average EBITDA margin for BLK stock is 37.93%.
What is the 5Y average EBITDA margin for BlackRock, Inc. (BLK)?
The 5Y average EBITDA margin for BLK stock is 38.33%.
What is the 10Y average EBITDA margin for BlackRock, Inc. (BLK)?
The 10Y average EBITDA margin for BLK stock is 39.58%.
What is the 15Y average EBITDA margin for BlackRock, Inc. (BLK)?
The 15Y average EBITDA margin for BLK stock is 40.03%.
What is the 20Y average EBITDA margin for BlackRock, Inc. (BLK)?
The 20Y average EBITDA margin for BLK stock is 39.63%.

BlackRock, Inc. EBITDA Margin History

DATEEBITDA MARGIN
2025-12-3134.99%
2024-12-3140.22%
2023-12-3137.92%
2022-12-3138.59%
2021-12-3140.77%
2020-12-3137.49%
2019-12-3140.58%
2018-12-3140.86%
2017-12-3140.46%
2016-12-3139.98%
2015-12-3143.50%
2014-12-3142.88%
2013-12-3141.96%
2012-12-3140.90%
2011-12-3138.22%
2010-12-3141.23%
2009-12-3137.72%
2008-12-3124.61%
2007-12-3140.26%
2006-12-3134.36%
2005-12-3131.18%
2004-12-3126.55%
2003-12-3141.73%
2002-12-3140.79%
2001-12-3136.80%
2000-12-3134.19%
1999-12-3133.89%
1998-12-3128.43%

About BlackRock, Inc.

BlackRock, Inc. functions as a publicly traded company specializing in asset management. Its diverse clientele includes a broad spectrum of institutional investors such as corporate, public, and union pension funds, insurance companies, endowments, governmental bodies, charitable foundations, sovereign wealth funds, corporations, official institutions, and banks. The firm also serves intermediary and individual investors. In addition to its primary role in investment management, BlackRock offers comprehensive global risk assessment and strategic advisory services. The company designs and manages individualized client portfolios across equity, fixed income, and balanced asset classes. It also establishes and administers a variety of collective investment schemes, including both open-end and closed-end mutual funds, offshore funds, unit trusts, and various alternative investment vehicles, such as structured funds and hedge funds. BlackRock's product offerings encompass mutual funds focused on equity, fixed income, balanced, and real estate strategies, alongside exchange-traded funds (ETFs) covering equities, bonds, balanced approaches, currencies, commodities, and multi-asset portfolios. Globally, the firm strategically invests capital across a wide array of markets, including public equities, debt instruments, real estate, currency, commodities, and alternative assets. In its equity investments, BlackRock targets both growth and value-oriented companies spanning all market capitalization sizes, from small and mid-cap to large and multi-cap firms. Investments in dividend-paying stocks are also a component of its equity strategy. For fixed income, the company allocates capital to investment-grade municipal bonds, government and government-guaranteed securities, corporate debt, and various asset-backed and mortgage-backed securities. BlackRock's investment decision-making integrates both fundamental and quantitative analysis, employing both a bottom-up approach to security selection and a top-down perspective on macroeconomic trends. The firm utilizes a range of investment strategies, such as liquidity management, strategic asset allocation, balanced investing, and alternative approaches, with its real estate focus specifically including opportunities in Poland and Germany. The performance of its managed portfolios is routinely evaluated against widely recognized indices from providers such as S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch. Established in 1988, BlackRock, Inc. is headquartered in New York City and maintains a substantial international presence with numerous offices across key global financial centers, including London, Hong Kong, Sydney, Singapore, Toronto, and several major U.S. cities like Boston, San Francisco, and Washington D.C.

New York City, NY
22,600 employees
Financial Services / Asset Management
Sector
Financial Services
Industry
Asset Management
CEO
Laurence Douglas Fink