BlackRock (BLK) Financial Ratios: P/E, ROE & More

BlackRock (BLK) Financial Ratios

For fiscal 2025 (fiscal year ended Dec 31, 2025), BlackRock had a P/E ratio of 29.91 (up from 24.93), return on equity of 10.7% (down from 14.4%), debt-to-equity of 0.24 (down from 0.29) and a current ratio of 2.04 (down from 2.39). A current ratio of 2.04 means current assets exceed current liabilities. Its dividend yield was 1.95% with a payout ratio of 60.3%.

BlackRock Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Valuation Ratios
P/E Ratio	29.91	24.93	21.95	20.55	23.57	22.31
Forward P/E	20.67	22.20	22.53	21.81	22.62	21.05
P/S Ratio	6.86	7.78	6.76	5.96	7.18	6.79
P/B Ratio	2.70	3.22	2.93	2.74	3.58	2.92
Price/Tangible Book	-	197.72	21.70	25.95	35.77	44.57
Price/FCF	46.75	33.77	31.61	24.06	30.22	31.01
Price/OCF	42.29	32.04	29.00	21.48	28.13	29.40
PEG Ratio	1.55	1.60	2.67	213.81	1.58	1.49
Enterprise Value Ratios
EV/Revenue	7.22	7.81	7.02	6.11	7.32	7.03
EV/EBITDA	18.05	19.42	18.53	15.84	17.96	18.74
EV/EBIT	20.43	20.76	19.78	16.86	18.96	19.91
EV/FCF	49.22	33.90	32.81	24.70	30.83	32.08
Profitability & Returns
Return on Equity (ROE)	10.72%	14.38%	14.19%	12.86%	16.21%	14.57%
Return on Assets (ROA)	3.47%	3.67%	3.29%	3.00%	2.84%	2.07%
Return on Invested Capital (ROIC)	11.99%	13.49%	12.54%	13.06%	14.93%	8.27%
Return on Capital Employed (ROCE)	5.50%	6.00%	5.50%	6.00%	5.30%	3.60%
Leverage & Solvency Ratios
Debt/Equity	0.24	0.29	0.23	0.22	0.24	0.21
Debt/EBITDA	1.50	1.68	1.39	1.19	1.15	1.29
Debt/FCF	4.22	3.02	2.54	1.92	2.03	2.27
Liquidity Ratios
Current Ratio	2.04	2.39	2.39	1.84	1.80	1.45
Quick Ratio	1.46	1.82	1.83	1.22	1.18	0.61
Efficiency Ratios
Asset Turnover	0.16	0.16	0.15	0.13	0.12	0.09
Yield & Distribution Ratios
Earnings Yield	3.34%	4.01%	4.56%	4.87%	4.24%	4.48%
FCF Yield	2.14%	2.96%	3.16%	4.16%	3.31%	3.23%
Dividend Yield	1.95%	1.99%	2.46%	2.75%	1.80%	2.27%
Payout Ratio	60.27%	48.69%	55.16%	57.74%	43.16%	45.82%
Buyback Yield	-6.10%	-0.60%	1.14%	1.27%	0.28%	1.66%
Total Return	-4.16%	1.39%	3.60%	4.02%	2.08%	3.93%

Source: Company financial statements from annual and quarterly filings. Data as of Sep 30, 2026. Data sources and methodology

Frequently Asked Questions About BlackRock Financial Ratios

What is BlackRock's P/E ratio?

BlackRock's P/E ratio was 29.91 for fiscal 2025 (period ended Dec 31, 2025). It was 24.93 a year earlier.

What is BlackRock's return on equity?

BlackRock's return on equity (ROE) was 10.7% for fiscal 2025 (period ended Dec 31, 2025). It was 14.4% a year earlier.

What is BlackRock's debt-to-equity ratio?

BlackRock's debt-to-equity ratio was 0.24 for fiscal 2025 (period ended Dec 31, 2025). It was 0.29 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition