BlackRock, Inc. — financial highlightsBLK · Annual · Period ending Prepared research
Annual · 2025-01-01 → · Fiscal 2025 FY. Balance-sheet inputs are point-in-time values.
Prepared research · Sources checked · Calculated Sep 19, 2026, 2:46 AM UTC
| Metric | 2025-12-31 | 2024-12-31 | Basis & evidence |
|---|---|---|---|
| Revenue | 24,216,000,000 USD | 12,794,000,000 USD | reportedSEC sources |
| Net Income | 5,553,000,000 USD | 6,369,000,000 USD | reportedSEC sources |
| Net margin | 22.93 % | 49.78 % | calculatedNet income / reported revenue × 100; financial-company revenue follows its reported net-of-interest basisSEC sources |
| Operating Cash Flow | 3,927,000,000 USD | 4,956,000,000 USD | reportedSEC sources |
| Free cash flow | 3,552,000,000 USD | 4,701,000,000 USD | calculatedOperating cash flow − reported purchases of property, plant and equipmentSEC sources |
| Return on average equity | 10.74 % | 14.67 % | calculatedNet income / average beginning and ending equity × annualization factor × 100SEC sources |
Source filings, coverage & interpretation
- 10-K · 2026-02-25 · 0001193125-26-071966
- 10-K · 2025-02-25 · 0000950170-25-026584
- 10-Q · 2026-08-06 · 0001193125-26-337177
- Normalized standard SEC XBRL concepts, not a complete reproduction of the filed financial statements. Missing values are not zero.
- Values are unscaled USD, reported per-share units, percentages or ratios as labeled. Balance-sheet inputs are point-in-time observations; income and cash-flow inputs cover their stated durations.
- The latest filed values in the prepared model are used, including subsequent comparative revisions. Selecting an older reporting end does not create an as-filed historical vintage.
- Year-over-year changes require compatible periods. Percentage growth is not calculated from a zero or negative base; percentage-valued metrics change in percentage points.
- Reported inputs, calculated metrics and source-check dates remain separate. CFTC positioning, market prices and personal research assumptions are outside this summary.
- Securities brokers use common financials by default. Deposit-taking-bank ratios are not assumed to describe their business model.
The JSON includes the XBRL concepts, source values and periods used by these metrics. Open Sources & checks in the workspace for the full evidence history.
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