Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 18.89 as of 2026-09-11T02:31:19.842Z.
Consensus retrieved: 2026-09-10T23:47:11.996Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-11T02:31:19.842Z.
Quote observation: 2026-09-10T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 38afee65c49448dea33568af1b5396d0a33bcff3f8e98335d25a9f3d9f69e05c
Forward PE Ratio (18.89) = Dated Quote Price ($1062.40) / Consensus Forward EPS ($56.25)
FORWARD PE RATIO
18.89
SECTOR MEDIAN · FINANCIAL SERVICES
14.59
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
+29.47%
vs the sector median at left
BlackRock, Inc.
Market Cap
$164.67B
Forward PE Ratio
18.89
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| BlackRock, Inc. (BLK) | $164.67B | 18.89 |
| Vanguard FTSE Emerging Markets ETF (VWO)vs › | $167.34B | N/A |
| Interactive Brokers Group, Inc. (IBKR)vs › | $154.52B | 33.11 |
| Blackstone Inc. (BX)vs › | $151.49B | 21.10 |
| The Charles Schwab Corporation (SCHW)vs › | $186.66B | 16.52 |
| Chubb Limited (CB)vs › | $130.66B | 12.23 |
| Vanguard Dividend Appreciation ETF (VIG)vs › | $128.71B | N/A |
| Capital One Financial Corporation (COF)vs › | $127.06B | 10.18 |
| The Toronto-Dominion Bank (TD)vs › | $202.98B | N/A |
| The Progressive Corporation (PGR)vs › | $125.69B | 12.06 |
Trailing P/E
25.4
reported TTM EPS
Forward P/E
18.9
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $56.25 implies +34.4% EPS growth vs the reported trailing $41.84.
At the dated quote price of $1062.40, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $56.25 | $55.34 – $57.58 | 10 | 18.9x |
| 2027-12-31 | $64.46 | $63.30 – $66.12 | 9 | 16.5x |
| 2028-12-31 | $73.75 | $70.02 – $77.48 | 2 | 14.4x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
