BlackRock
$1,069.14Change from previous close: +0.45%Absolute change: +$4.78
At a glance
- Revenue growth
- +18.67%
- 2025 vs 2024
- Net income growth
- −12.81%
- 2025 vs 2024
- Net margin
- 22.9%
- 2024: 31.2%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3,927 | 4,956 | 4,165 | 4,956 | 4,944 | 3,743 | 2,884 | 3,075 | 3,950 | 2,273 |
| Depreciation and amortization | 1,126 | 529 | 427 | 418 | 415 | 358 | 296 | 220 | 240 | 263 |
| Capital expenditure | -375 | -255 | -344 | -533 | -341 | -194 | -254 | -204 | -155 | -119 |
| Investing cash flow | -4,418 | -3,004 | -959 | -1,130 | -1,937 | -254 | -2,014 | -808 | -608 | -371 |
| Financing cash flow | -1,127 | 2,236 | -1,992 | -5,442 | -2,287 | 244 | -2,583 | -2,765 | -2,630 | -1,685 |
| Dividends paid | -3,347 | -3,101 | -3,035 | -2,990 | -2,547 | -2,260 | -2,096 | -1,968 | -1,662 | -1,545 |
| Share repurchases | -1,951 | -1,930 | -1,884 | -2,332 | -1,485 | -1,809 | -1,911 | -2,087 | -1,421 | -1,399 |
| Debt issued | 1,080 | 5,474 | 1,238 | 0.0 | 1,023 | 2,296 | 1,103 | 40.0 | 697 | — |
| Debt repaid | -908 | -1,058 | -59.0 | -776 | -750 | — | -1,000 | — | -700 | — |
| Effect of exchange rates | 329 | -162 | 106 | -291 | -61.0 | 102 | 54.0 | -93.0 | 192 | -273 |
| Net change in cash | -1,289 | 4,026 | 1,320 | -1,907 | 659 | 3,835 | -1,659 | -591 | 904 | -56.0 |
| Free cash flow | 3,552 | 4,701 | 3,821 | 4,423 | 4,603 | — | — | — | — | — |
| Levered free cash flow | 7,034 | 6,005 | 4,171 | 3,940 | 5,952 | 4,264 | 3,522 | 3,789 | 3,757 | 3,241 |