🎉 M&A multiples are live!
Check it out!

BlackRock Valuation Multiples

Discover revenue and EBITDA valuation multiples for BlackRock and similar public comparables like ASR Nederland, Investcorp Capital, and CVC Capital Partners.

BlackRock Overview

About BlackRock

BlackRock is the largest asset manager in the world, with $11.475 trillion in assets under management at the end of September 2024. Its product mix is fairly diverse, with 55% of managed assets in equity strategies, 26% in fixed income, 9% in multi-asset classes, 7% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the US and Canada.


Founded

2006

HQ

United States of America
Employees

21.1K+

Website

blackrock.com

Financials

LTM Revenue $21.1B

LTM EBITDA $8.9B

EV

$144B

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 10K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

BlackRock Financials

BlackRock has a last 12-month revenue of $21.1B and a last 12-month EBITDA of $8.9B.

In the most recent fiscal year, BlackRock achieved revenue of $20.4B and an EBITDA of $9.4B.

BlackRock expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See BlackRock valuation multiples based on analyst estimates

BlackRock P&L

FY 2023 FY 2024 FY 2025 LTM NTM
Revenue $17.9B $20.4B XXX XXX XXX
Gross Profit $8.7B $8.6B XXX XXX XXX
Gross Margin 49% 42% XXX XXX XXX
EBITDA $7.9B $9.4B XXX XXX XXX
EBITDA Margin 44% 46% XXX XXX XXX
Net Profit $5.2B $5.5B XXX XXX XXX
Net Margin 29% 27% XXX XXX XXX
Net Debt n/a n/a XXX XXX XXX

Financial data powered by Morningstar, Inc.

BlackRock Stock Performance

As of March 14, 2025, BlackRock's stock price is $929.

BlackRock has current market cap of $144B, and EV of $144B.

See BlackRock trading valuation data

BlackRock Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$144B $144B XXX XXX XXX XXX $44.41

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Sign Up

BlackRock Valuation Multiples

As of March 14, 2025, BlackRock has market cap of $144B and EV of $144B.

BlackRock's trades at 6.8x LTM EV/Revenue multiple, and 16.2x LTM EBITDA.

Analysts estimate BlackRock's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See valuation multiples for BlackRock and 10K+ public comps

BlackRock Financial Valuation Multiples

FY 2024 FY 2025E FY 2026E FY 2027E
EV $144B XXX XXX XXX
EV/Revenue 7.0x XXX XXX XXX
EV/EBITDA 15.4x XXX XXX XXX
P/E 22.6x XXX XXX XXX
P/E/Growth 1.4x XXX XXX XXX
EV/FCF 30.6x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get BlackRock Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Sign Up

BlackRock Valuation Multiples

BlackRock's NTM/LTM revenue growth is 15%

BlackRock's revenue per employee for the last fiscal year averaged $1.0M, while opex per employee averaged $0.1M for the same period.

Over next 12 months, BlackRock's ratio of sales and marketing spend to revenue is estimated to be  XXX , while its R&D spend to revenue to be  XXX .

Analysts estimate BlackRock's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See operational valuation multiples for BlackRock and other 10K+ public comps

BlackRock Operational Valuation Multiples

FY 2024 NTM FY 2025E FY 2026E FY 2027E
Revenue Growth 14% XXX XXX XXX XXX
EBITDA Margin 46% XXX XXX XXX XXX
EBITDA Growth 19% XXX XXX XXX XXX
Rule of 40 (SaaS-only) 60% XXX XXX XXX XXX
Revenue per Employee $1.0M XXX XXX XXX XXX
Opex per Employee $0.1M XXX XXX XXX XXX
S&M Expenses to Revenue 2% XXX XXX XXX XXX
G&A Expenses to Revenue 10% XXX XXX XXX XXX
R&D Expenses to Revenue n/a XXX XXX XXX XXX
Opex to Revenue 12% XXX XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

BlackRock Public Comps

See public comps and valuation multiples for Asset Management and Private Equity comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Investcorp Capital XXX XXX XXX XXX XXX XXX
Waha Capital XXX XXX XXX XXX XXX XXX
ASR Nederland XXX XXX XXX XXX XXX XXX
CVC Capital Partners XXX XXX XXX XXX XXX XXX
XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

BlackRock M&A and Investment Activity

BlackRock acquired  XXX companies to date.

Last acquisition by BlackRock was  XXXXXXXX, XXXXX XXXXX XXXXXX . BlackRock acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by BlackRock

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Sign Up

About BlackRock

When was BlackRock founded? BlackRock was founded in 2006.
Where is BlackRock headquartered? BlackRock is headquartered in United States of America.
How many employees does BlackRock have? As of today, BlackRock has 21.1K+ employees.
Who is the CEO of BlackRock? BlackRock's CEO is Mr. Laurence D. Fink.
Is BlackRock publicy listed? Yes, BlackRock is a public company listed on NYS.
What is the stock symbol of BlackRock? BlackRock trades under BLK ticker.
When did BlackRock go public? BlackRock went public in 1999.
Who are competitors of BlackRock? Similar companies to BlackRock include e.g. Investcorp Capital, Waha Capital, ASR Nederland, CVC Capital Partners.
What is the current market cap of BlackRock? BlackRock's current market cap is $144B
What is the current revenue of BlackRock? BlackRock's last 12-month revenue is $21.1B.
What is the current EBITDA of BlackRock? BlackRock's last 12-month EBITDA is $8.9B.
What is the current EV/Revenue multiple of BlackRock? Current revenue multiple of BlackRock is 6.8x.
What is the current EV/EBITDA multiple of BlackRock? Current EBITDA multiple of BlackRock is 16.2x.
What is the current revenue growth of BlackRock? BlackRock revenue growth between 2023 and 2024 was 14%.
Is BlackRock profitable? Yes, BlackRock is EBITDA-positive (as of the last 12 months).

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.