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BlackRock, Inc. (BLK) EV/EBITDA Ratio: 17.56x

Is BlackRock, Inc.’s EV/EBITDA ratio high or low?

BlackRock, Inc.'s EV/EBITDA ratio of 17.56x is in line with its 5-year average of 17.26x, around the middle of its 5-year range (10.60x–21.68x).

The EV/EBITDA ratio for BlackRock, Inc. (BLK) is 17.56x as of Wednesday, June 10, 2026. It is below its 12-month average by 9.14% (19.33x).

BLK EV/EBITDA Ratio Chart

BLK EV/EBITDA Ratio
17.56x-8.68% 1Y
Zoom

BLK Average EV/EBITDA Ratio Chart

BLK Current vs Average EV/EBITDA Ratio Chart

BLK EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

17.56x

EV/EBITDA RATIO AVG TTM

19.33x

EV/EBITDA RATIO AVG 3Y

18.41x

EV/EBITDA RATIO AVG 5Y

17.26x

EV/EBITDA RATIO AVG 10Y

15.80x

EV/EBITDA RATIO AVG 15Y

14.43x

EV/EBITDA RATIO AVG 20Y

15.36x

CURRENT VS TTM AVG

-9.14%

CURRENT VS 3Y AVG

-4.63%

CURRENT VS 5Y AVG

+1.75%

CURRENT VS 10Y AVG

+11.14%

CURRENT VS 15Y AVG

+21.70%

CURRENT VS 20Y AVG

+14.34%

BLK Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
BlackRock, Inc. (BLK)17.56x19.33x18.41x17.26x
The Charles Schwab Corporation (SCHW)$156.50B10.77x14.66x16.47x15.21x
Chubb Limited (CB)$128.60B11.76x10.42x10.97x10.87x
S&P Global Inc. (SPGI)$126.25B17.75x21.64x25.33x24.26x
The Progressive Corporation (PGR)$119.37B8.51x10.10x18.30x22.68x
American Express Company (AXP)$214.47B12.08x15.23x13.73x13.09x
CME Group Inc. (CME)$95.06B16.93x18.82x17.73x18.51x
Marsh & McLennan Companies, Inc. (MMC)$89.82B14.59x17.22x17.99x18.02x
Citigroup Inc. (C)$228.07B39.94x26.46x24.70x19.49x
Intercontinental Exchange, Inc. (ICE)$79.31B15.00x17.53x19.22x17.66x

EV/EBITDA vs. its own history

At 17.6, EV/EBITDA is richer than usual — richer than 72% of its 20-year range.

20-year low

5.1

median

13.9

20-year high

37.5

cheaperricher

Understanding EV/EBITDA

Enterprise Value (EV) = Market Cap + Total Debt - Cash

EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization

EV/EBITDA is commonly used for comparing companies because:

  • It accounts for debt levels (capital structure neutral)
  • It removes effects of different depreciation policies
  • It can be compared across countries with different tax rates
  • It can remain available when net income is negative, if EBITDA is positive

BlackRock, Inc. EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

BlackRock, Inc. EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for BlackRock, Inc. (BLK)?
The EV/EBITDA ratio for BLK stock is 17.56x.
Is BlackRock, Inc.'s EV/EBITDA ratio high or low?
BlackRock, Inc.'s EV/EBITDA ratio of 17.56x is in line with its 5-year average of 17.26x, around the middle of its 5-year range (10.60x–21.68x).
What is the TTM average EV/EBITDA ratio for BlackRock, Inc. (BLK)?
The TTM average EV/EBITDA ratio for BLK stock is 19.33x.
What is the 3Y average EV/EBITDA ratio for BlackRock, Inc. (BLK)?
The 3Y average EV/EBITDA ratio for BLK stock is 18.41x.
What is the 5Y average EV/EBITDA ratio for BlackRock, Inc. (BLK)?
The 5Y average EV/EBITDA ratio for BLK stock is 17.26x.
What is the 10Y average EV/EBITDA ratio for BlackRock, Inc. (BLK)?
The 10Y average EV/EBITDA ratio for BLK stock is 15.80x.
What is the 15Y average EV/EBITDA ratio for BlackRock, Inc. (BLK)?
The 15Y average EV/EBITDA ratio for BLK stock is 14.43x.
What is the 20Y average EV/EBITDA ratio for BlackRock, Inc. (BLK)?
The 20Y average EV/EBITDA ratio for BLK stock is 15.36x.

BlackRock, Inc. EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-1017.56x
2026-06-0917.58x
2026-06-0817.29x
2026-06-0517.31x
2026-06-0417.76x
2026-06-0317.23x
2026-06-0217.70x
2026-06-0117.73x
2026-05-2918.17x
2026-05-2818.16x
2026-05-2718.57x
2026-05-2618.69x
2026-05-2218.61x
2026-05-2118.46x
2026-05-2018.25x
2026-05-1917.99x
2026-05-1818.83x
2026-05-1518.76x
2026-05-1419.13x
2026-05-1318.97x
2026-05-1218.94x
2026-05-1118.75x
2026-05-0818.81x
2026-05-0718.52x
2026-05-0618.62x
2026-05-0518.20x
2026-05-0418.26x
2026-05-0118.42x
2026-04-3018.49x
2026-04-2918.04x
2026-04-2818.22x
2026-04-2718.34x
2026-04-2418.14x
2026-04-2318.28x
2026-04-2218.43x
2026-04-2118.10x
2026-04-2018.20x
2026-04-1718.26x
2026-04-1617.80x
2026-04-1518.20x
2026-04-1418.30x
2026-04-1317.78x
2026-04-1017.37x
2026-04-0917.41x
2026-04-0817.41x
2026-04-0716.68x
2026-04-0616.70x
2026-04-0218.30x
2026-04-0118.13x
2026-03-3118.21x
2026-03-3017.70x
2026-03-2717.69x
2026-03-2618.33x
2026-03-2518.57x
2026-03-2418.48x
2026-03-2318.45x
2026-03-2018.14x
2026-03-1918.36x
2026-03-1818.33x
2026-03-1718.38x
2026-03-1617.87x
2026-03-1317.51x
2026-03-1217.49x
2026-03-1118.01x
2026-03-1018.31x
2026-03-0918.13x
2026-03-0618.09x
2026-03-0519.57x
2026-03-0419.83x
2026-03-0319.89x
2026-03-0220.18x
2026-02-2720.09x
2026-02-2620.59x
2026-02-2520.66x
2026-02-2419.16x
2026-02-2318.99x
2026-02-2019.38x
2026-02-1919.17x
2026-02-1819.36x
2026-02-1719.02x
2026-02-1319.00x
2026-02-1218.73x
2026-02-1119.20x
2026-02-1019.28x
2026-02-0919.14x
2026-02-0618.74x
2026-02-0518.71x
2026-02-0419.08x
2026-02-0318.98x
2026-02-0219.83x
2026-01-3019.82x
2026-01-2919.97x
2026-01-2819.86x
2026-01-2719.61x
2026-01-2619.86x
2026-01-2320.01x
2026-01-2220.17x
2026-01-2119.97x
2026-01-2019.66x
2026-01-1620.58x
2026-01-1520.47x
2026-01-1419.35x
2026-01-1319.31x
2026-01-1219.31x
2026-01-0919.23x
2026-01-0819.28x
2026-01-0719.06x
2026-01-0619.70x
2026-01-0519.83x
2026-01-0219.23x
2025-12-3118.98x
2025-12-3019.20x
2025-12-2919.29x
2025-12-2619.29x
2025-12-2419.30x
2025-12-2319.26x
2025-12-2219.29x
2025-12-1918.80x
2025-12-1818.89x
2025-12-1718.89x
2025-12-1618.94x
2025-12-1519.18x
2025-12-1219.30x
2025-12-1119.52x
2025-12-1019.20x
2025-12-0919.00x
2025-12-0818.84x
2025-12-0519.01x
2025-12-0419.07x
2025-12-0319.14x
2025-12-0218.43x
2025-12-0118.46x
2025-11-2818.58x
2025-11-2618.46x
2025-11-2518.28x
2025-11-2418.10x
2025-11-2118.02x
2025-11-2017.64x
2025-11-1918.02x
2025-11-1818.10x
2025-11-1718.18x
2025-11-1418.77x
2025-11-1318.97x
2025-11-1219.39x
2025-11-1119.25x
2025-11-1019.19x
2025-11-0719.18x
2025-11-0618.96x
2025-11-0519.04x
2025-11-0418.71x
2025-11-0318.86x
2025-10-3119.10x
2025-10-3019.36x
2025-10-2919.36x
2025-10-2819.82x
2025-10-2719.93x
2025-10-2420.02x
2025-10-2319.82x
2025-10-2219.90x
2025-10-2119.91x
2025-10-2020.42x
2025-10-1720.44x
2025-10-1620.61x
2025-10-1521.15x
2025-10-1421.01x
2025-10-1320.34x
2025-10-1019.95x
2025-10-0920.55x
2025-10-0820.51x
2025-10-0720.53x
2025-10-0620.75x
2025-10-0320.43x
2025-10-0220.43x
2025-10-0120.10x
2025-09-3020.52x
2025-09-2920.69x
2025-09-2620.36x
2025-09-2520.20x
2025-09-2419.87x
2025-09-2319.94x
2025-09-2220.01x
2025-09-1920.13x
2025-09-1820.03x
2025-09-1719.94x
2025-09-1619.72x
2025-09-1519.65x
2025-09-1219.79x
2025-09-1119.98x
2025-09-1019.44x
2025-09-0919.49x
2025-09-0819.48x
2025-09-0519.38x
2025-09-0419.54x
2025-09-0319.39x
2025-09-0219.65x
2025-08-2919.86x
2025-08-2819.92x
2025-08-2719.93x
2025-08-2620.07x
2025-08-2520.03x
2025-08-2220.22x
2025-08-2119.82x
2025-08-2019.88x
2025-08-1919.88x
2025-08-1820.01x
2025-08-1519.99x
2025-08-1420.42x
2025-08-1320.42x
2025-08-1220.41x
2025-08-1119.87x
2025-08-0819.82x
2025-08-0719.61x
2025-08-0619.75x
2025-08-0521.42x
2025-08-0421.54x
2025-08-0121.09x
2025-07-3121.36x
2025-07-3021.52x
2025-07-2921.65x
2025-07-2821.58x
2025-07-2521.68x
2025-07-2421.59x
2025-07-2321.62x
2025-07-2221.25x
2025-07-2121.11x
2025-07-1821.31x
2025-07-1721.34x
2025-07-1620.91x
2025-07-1520.24x
2025-07-1421.46x
2025-07-1121.27x
2025-07-1021.32x
2025-07-0921.04x
2025-07-0820.78x
2025-07-0720.80x
2025-07-0320.91x
2025-07-0220.70x
2025-07-0120.39x
2025-06-3020.30x
2025-06-2720.27x
2025-06-2619.96x
2025-06-2519.72x
2025-06-2419.48x
2025-06-2319.13x
2025-06-2018.91x
2025-06-1819.00x
2025-06-1718.81x
2025-06-1619.05x
2025-06-1318.86x
2025-06-1219.16x
2025-06-1119.26x
2025-06-1019.23x
2025-06-0919.18x
2025-06-0619.18x
2025-06-0519.11x
2025-06-0419.18x
2025-06-0319.05x
2025-06-0218.98x
2025-05-3019.01x
2025-05-2918.94x

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

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