How profitable is BlackRock Inc. (BLK)?

In FY 2025 (10-K), BLK converted $24.2B of revenue into a 52% gross margin, 29.1% operating margin, and $3.6B in free cash flow (14.7% FCF margin).

Stock Ratings / Financials / BLK / financials

SCHW (54) MS (37) CME (74) ICE (75) ⌘ Pro Terminal →

BlackRock Inc. (BLK) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$1,167.15 +1.71% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $1,168.52

BlackRock Inc. (BLK) carries a Roarable Rating of C (Hold) with 64/100 RQD Confidence. The composite score sits in the neutral Hold band (59–69), meaning current holders don’t need to panic-sell while prospective buyers can wait for a move into the 70+ Buy zone.

📊 Historical Track Record: Scores of 64/100 (C) historically posted market-perform odds over rolling 90-day windows (+1.1% avg 90D alpha vs SPY) →

ROARABLE C • HOLD / WATCH Cap $177.72B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on BLK Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is BLK stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, BlackRock Inc. (NYSE: BLK) is rated C (Hold / HOLD) by Roarable's 5-pillar RQD engine with a composite confidence score of 64/100 at a spot price of $1,167.15 (+1.71% 1D, market cap $177.72B). Pillar breakdown: Fundamental Cash Engine 10/20, Institutional 13F & Options Flow 17/20, Executive Insider Alignment 15/20, FRED Macro Regime Fit 10/20, and SEC Balance-Sheet Forensics 12/20. Across 1096 tracked Financials issuers, BLK ranks #254 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does BLK compare to SCHW and MS in the Financials sector?

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Within the Financials sector (Investment Bankers/Brokers/Service), BLK carries a Roarable C (64/100 RQD), trailing P/E of 32.8x, gross margin of —, and ROIC of 6.2%. By comparison, SCHW (Charles Schwab Corporation) holds a D+ grade (54/100 RQD, P/E N/A, ROIC 0.0%, cap $152.27B) and MS (Morgan Stanley) posts a D- grade (37/100 RQD, P/E 17.7x, ROIC 3.0%, cap $289.46B). Among the 5-stock peer group, MS leads on earnings multiple (17.7x) while ICE leads on capital efficiency (8.3% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for BLK?

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Per BLK's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0002012383), BlackRock Inc. generated $24.22B in revenue (+18.7% YoY), $5.55B in net income, and $3.55B in free cash flow against $170.00B in total assets and $48.81B in total debt. Key quantitative strengths: Big institutional funds and options desks are actively positioning on the bullish side.. Primary risk factors monitored: Sensitive to high interest rates and tighter Federal Reserve market liquidity.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $1,168.55 (+0.12%)🧬 Disciplined Float (-0.04% YoY Shares)⚙️ Cash Engine: 10/20 (D) • 14.7% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 64/100 (C) historically posted market-perform odds over rolling 90-day windows (+1.1% avg 90D alpha vs SPY • 55.2% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERHOLD / WATCH • C

JEV AI Jury Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw C · Rk C

Each axis scored 0–20

12M PRICE TARGET CONE+2.7% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for BLK)Realized 20D OHLCV Swing Band: ±4.9%

Deterministic 5-Pillar Attribution (64/100 Composite)

🔍 WHY BLK SCORES 64/100 (C) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Whale & Options Positioning+17/20 pts (27% of score)

20D Institutional Volume Accumulation (±4.9% realized swing band)

▲ #2 Bullish Driver: SEC 10-K Forensic Risk+15/20 pts (23% of score)

Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 7/9

▼ #1 Drag / Risk Factor: Macro Regime Fit10/20 pts (-10 pt drag)

Macro rate sensitivity & RSI-14 (55.3) create a -10 pt regime headwind

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C$1,073.79+7.1% Next Q

Q2 (-2Q)

Grade C$1,149.60+0.7% Next Q

Q3 (-1Q)

Grade C$1,157.88+0.8% Next Q

Current

Grade C$1,167.15+1.1% Hist 90D α

Trajectory: C (56) → C (64)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the BLK Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 64/100 (C) score, BLK faces multiple-compression risk if 32.8x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Sensitive to high interest rates and tighter Federal Reserve market liquidity.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Disciplined Float (-0.04% YoY Shares) — any gross margin slip below 49.5% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($1,103.69) or 200D SMA ($1,064.00) invalidates the momentum regime and cuts Target Base ($1,198.66) toward Bear Floor ($934.95).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $BLK• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “BLK Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 64%NO 36%Trade / Inspect Odds →

VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How BLK Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$3.55B (14.7% FCF Margin)

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow

FY23

Rev $17.86B

FY24

Rev $20.41B

FY25

Rev $24.22B

Fiscal Year	Revenue	Gross Margin	Op Margin	Net Profit	Free Cash Flow	ROIC %
FY 2025	$24.22B	52%	29.1%	$5.55B	$3.55B	6%
FY 2024	$20.41B	52%	37.1%	$6.37B	$4.70B	8%
FY 2023	$17.86B	52%	35.1%	$5.50B	$3.36B	8.2%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring BLK)

✓Walkthrough of BLK's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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Join Founding VIP Waitlist (No Card Required) →$100K Arena

BLK // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +10.92%⚡ TESTING RESISTANCE

2026-11-03O $1,176.2H $1,176.2L $1,147.5C $1,167.2VOL 644.7K

RES: $1,182.3SUP: $1,062.2SMA50: $1,103.7SMA200: $1,064.0

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

BLK Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 BLK Butterfly Map → + Track BLK →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

25.3%/yr Implied 5Y Growth

vs. +18.7% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on BLK today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for BLK. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for BLK today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (BLK)

Financials Rank #254 of 1096 ⚔️ SCHW vs BLK Full Matrix →

1. Head-to-Head Financials Peer Comparison (BLK vs. SCHW, MS, CME, ICE)

Industry: Investment Bankers/Brokers/Service (64 Tracked Issuers)

Across 1096 tracked Financials securities in the Roarable RQD universe, BlackRock Inc. (BLK) ranks #254 by composite RQD confidence (64/100, grade C) and #14 by equity capitalization ($177.72B). Within this direct 5-issuer industry benchmark cohort, MS leads on earnings valuation at 17.7x trailing P/E, while ICE leads on capital efficiency and profitability with 8.3% ROIC and — gross margin. ICE currently holds the highest overall quantitative score in the immediate peer group at 75/100 (B) compared with BLK at 64/100 (C).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
BLK ACTIVE BlackRock Inc.	C	64/100	32.8x	—	6.2%	+1.71%	$177.72B	Benchmark Subject
SCHW Charles Schwab Corporation	D+	54/100	—	—	0.0%	+0.75%	$152.27B	/schw-vs-blk →
MS Morgan Stanley	D-	37/100	17.7x	—	3.0%	+0.78%	$289.46B	/ms-vs-blk →
CME CME Group Inc.	B	74/100	26.1x	—	3.5%	+1.02%	$108.50B	/cme-vs-blk →
ICE Intercontinental Exchange Inc.	B	75/100	27.6x	—	8.3%	+2.03%	$94.36B	/ice-vs-blk →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0002012383

In its most recent audited fiscal period (FY2025, filed 2025-12-31), BlackRock Inc. (BLK) reported GAAP revenue of $24.22B (+18.7% vs. FY2024 revenue of $20.41B , and +35.6% cumulative change since FY2023) , GAAP net income of $5.55B, operating cash flow of $3.93B, and free cash flow of $3.55B (-24.4% YoY). On the balance sheet, BLK closed FY2025 with $170.00B in total assets against $48.81B in total debt (Altman Z-Score: N/A, Piotroski F-Score: 7/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$24.22B	$5.55B	$3.93B	$3.55B	$170.00B	$48.81B
FY2024 (FY)	2024-12-31	$20.41B	$6.37B	$4.96B	$4.70B	$138.62B	$40.17B
FY2023 (FY)	2023-12-31	$17.86B	$5.50B	$4.17B	$3.36B	$100.19B	$23.44B

3. BLK Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is BLK stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does BLK compare to SCHW and MS in the Financials sector?

What are the biggest fundamental strengths and SEC risk factors for BLK?

Where is BLK trading relative to its 50-day, 200-day, and 52-week technical levels?

BLK last traded at $1,167.15 (+1.71% on volume of 687,400 shares), positioning the stock +5.75% above its 50-day simple moving average ($1,103.69) and +9.69% above its 200-day simple moving average ($1,064.00). Across its 52-week range of $917.39 to $1,187.17, BLK sits at the 92.6% percentile with a 14-day RSI of 55.3 (BULLISH MOMENTUM) and an implied next-earnings move of ±4.9% ($1,109.96 to $1,224.34).

Direct Sub-Reports: BLK RQD Cockpit BLK 12M Forecast BLK Earnings & Move BLK Dividends & DRIP BLK Insiders & 13F BLK Whale Options BLK Profit Sankey BLK News & Why

ROARABLE RATING BRIEF • RQD 64/100 (C) ✓ STAGE-C NUMBER FIREWALL VERIFIED

BLK — BlackRock Inc.: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5

As of: 2026-11-02T15:09:09Z

1. Roarable Rating Brief: What This Means to a Prospective Investor

BLK scores 65 out of 100, a letter grade of C, with the verdict "Roarable Hold — Fair / Balanced Risk-Reward." The five pillars are: Fundamental Cash Engine at 10 of 20 (ROIC 6.2%; FCF yield 1.95%), Whale 13F Flow at 18 of 20 (institutional accumulation and options positioning), Insider Conviction at 12 of 20 (SEC Form 4 and Congressional PTR cluster flow), Macro Regime Fit at 10 of 20 (Beta 1.13; sector sensitivity), and Forensic Balance Sheet at 15 of 20 (Altman Z 2.5; Piotroski F 7/9; Debt/Equity 0.5).

For a prospective investor, the rating points to a split profile. The strongest pillar is institutional flow, which per the RQD rating reflects accumulation and options positioning. The weakest pillars are the cash engine and macro fit: a 1.95% FCF yield against a 32.8 trailing P/E implies the market is paying a high multiple for each dollar of current free cash flow, leaving limited valuation cushion if growth slows. A Beta of 1.13 indicates above-market sensitivity to broad moves. The forensic balance sheet is comparatively solid per the rating inputs. Upside drivers would need to come from earnings growth that closes the gap between the current multiple and cash generation; the valuation tradeoff is that much of the forward expectation is already reflected in the price.

2. Business Model, Unit Margins & SEC Financial Trajectory

BlackRock Inc. (BLK) operates in the Investment Bankers/Brokers/Service industry (Financials sector) with an equity capitalization of $177.72B, gross margin of —, operating margin of 29.1%, and return on invested capital (ROIC) of 6.2%.

Revenue rose from $17.86B in FY 2023 to $24.22B in FY 2025, while net income moved from $5.50B to $5.55B after peaking at $6.37B in FY 2024. Operating margin is listed as 29.1% and net margin as 22.9% in the market data, and ROIC as 6.2%. The Altman Z-Score is 2.5, the Piotroski F-Score is 7 of 9, and Debt/Equity is 0.5. Reported debt grew from $23.44B in FY 2023 to $48.81B in FY 2025 while FY 2025 free cash flow was $3.55B, below FY 2024's $4.70B.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case: Institutional whale 13F flow scores 18 of 20 in the RQD rating, the strongest pillar, reflecting accumulation and options positioning. With Fundamental Cash Engine at 10/20 (ROIC 6.2%, FCF yield 1.95%) and Institutional Whale Flow at 17/20, sustained execution supports upside toward the top of the $917.39 – $1,187.17 52-week range.
🐻 Primary Bear Case: A 1.95% FCF yield against a 32.8 trailing P/E leaves little valuation cushion, and reported debt rose from $23.44B to $48.81B over FY 2023–FY 2025. Investors must weigh 32.8x trailing P/E and 29.4x EV/EBITDA against 29.1% operating margins and a 1.13 macro beta if sector demand softens.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Operating in Investment Bankers/Brokers/Service (Financials), BLK carries a macro regime beta of 1.13 and gross margin of —.

Key Question #1: What drove the FY 2025 jump in reported debt from $40.17B to $48.81B, and how was it used?
Key Question #2: Why did free cash flow decline from $4.70B in FY 2024 to $3.55B in FY 2025 despite higher revenue?
Key Question #3: Who holds BLK in institutional, 13F, insider, or Congressional filings, and in what direction are they trading?

BLK Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for BlackRock Inc. (BLK) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to BLK Debate Forum (3) ↓

🟡 MARKET WIRE BlackRock • 20h ago

Weekly market commentary

BlackRock report covering BlackRock Inc. (BLK) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH Yahoo Finance • 23h ago

Why BlackRock is suddenly more bearish on stocks

Yahoo Finance report covering BlackRock Inc. (BLK) market action, institutional positioning, and fundamental catalysts.

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🟡 MARKET WIRE TradingView • 1d ago

BLK Stock Price and Chart — NYSE:BLK

TradingView report covering BlackRock Inc. (BLK) market action, institutional positioning, and fundamental catalysts.

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🟡 MARKET WIRE Forbes • 1d ago

BlackRock | BLK Stock Price, Company Overview & News

Forbes report covering BlackRock Inc. (BLK) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Beinsure • 1d ago

BlackRock (NYSE: BLK) stock price forecast: Analysts see upside after Q3 earnings

Beinsure report covering BlackRock Inc. (BLK) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE 24/7 Wall St. • 1d ago

BlackRock's $15.3 Trillion Empire Reveals Why These 4 Dividend Stocks Are Worth Watching

24/7 Wall St. report covering BlackRock Inc. (BLK) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Yahoo Finance • 1d ago

BlackRock stock jumps as Q3 earnings, investor inflows beat expectations

Yahoo Finance report covering BlackRock Inc. (BLK) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo • 17h ago

Can These 4 ETFs Build a Retirement Portfolio on Their Own?

These four ETFs will give you instant exposure to the stock, bond, and real estate markets.

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🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

BLK Bull vs. Bear Conversation Board — What's Your Call at $1,167.15?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON BLK 🐻 33% BEARISH CONVICTION

AL AlphaFlow_Cap Verified $100K Arena Trader 🐂 BULLISH 🎯 Target: $1,388.52 (+21.0%)

📌 Pinned Debate

Institutional whale 13F flow scores 18 of 20 in the RQD rating, the strongest pillar, reflecting accumulation and options positioning.

Institutional whale 13F flow scores 18 of 20 in the RQD rating, the strongest pillar, reflecting accumulation and options positioning.. When you look under the hood at BLK, Fundamental Cash Engine is 10/20 with 0.0% gross margins and 6.2% ROIC. Bears are staring in the rearview mirror while institutional 13F flow (17/20) has been quietly accumulating below $1187.17. My 12M target is $1388.52.

ArenaChamp_24 🐂 BULL

@MeanReversion_88 Fair point on 32.8x trailing P/E, but you're ignoring the forward operating leverage in Investment Bankers/Brokers/Service. If gross margin (0.0%) holds, EPS grows into the multiple faster than bears think.

ME MeanReversion_88 Quantitative Statistical Arb 🐻 BEARISH 🎯 Target: $986.88 (-14.0%)

Spot @ $1,147.54

A 1.95% FCF yield against a 32.8 trailing P/E leaves little valuation cushion, and reported debt rose from $23.44B to $48.81B over

Careful chasing BLK at $1147.54. A 1.95% FCF yield against a 32.8 trailing P/E leaves little valuation cushion, and reported debt rose from $23.44B to $48.81B over FY 2023–FY 2025.. Gross margin is 0.0%, but operating margin is 29.1%, which shows SG&A and reinvestment are eating into bottom-line EPS. Target $986.88 on multiple compression.