BlackRock Inc (BLK) stock analysis
BlackRock Inc (BLK) clears 4 of this site's 8 mechanical value filters, 5 of 8 Buffett-style checks and 2 of 5 Lynch-style checks. A free-cash-flow DCF does not fit financial services companies, so no margin of safety is shown. Its earnings quality rates Mixed and it returns −0.7% to shareholders net of dilution. Figures are as of October 23, 2026, from SEC filings and market data refreshed weekly; this is educational analysis, not investment advice.
Data as of October 23, 2026. Refreshed weekly from SEC filings and market data.
What does BlackRock do?
BlackRock is the world's largest asset manager. It runs index funds and ETFs, active funds and institutional portfolios, sells the Aladdin risk-management software, and earns fees based on the assets it manages.
Brands and businesses it owns
- iShares
- Aladdin
- Global Infrastructure Partners
- HPS Investment Partners
- Preqin
What stands out about BlackRock?
- Misses 2 of the 8 value filters. It fails Trailing P/E < 25 (27.02) and PEG Ratio < 1.5 (1.72); the other 4 pass and 2 were not evaluated. See every filter.
- Weakest against peers: return on equity. At 12% (peer median 18%) it ranks 31st of 40 among financial services stocks this site tracks. See the ranking.
- Earnings quality: Mixed · 1 flag, 2 watch. accruals 1.1% of assets · 75% of profit arrived as cash · stock comp 5.4% of revenue · share count +3.3% a year. From the latest 10-K (year to Dec 2025). See the Earnings Quality Screener.
- Owners are being diluted. Its net shareholder yield is −0.7%: more stock is issued than is bought back or paid out. See Shareholder Yield Leaders.
How has BlackRock's share price moved?
The interactive price chart needs JavaScript.
Is BlackRock undervalued? The value diligence check
Every value-investing signal this site computes for this stock, gathered in one place: the same real numbers from the tools below, not a new score.
- Margin of safety (DCF) n/a (Financial Services)
- P/E vs. its own history 27.0x · the middle Real range: 20.9x–31.0x over 5 years (net income per diluted share from each fiscal year's 10-K, paired with the real closing price at that fiscal year-end).
- Wall St. analyst rating Buy · 4.04/5 23 analysts this month: 4 strong buy, 16 buy, 3 hold, 0 sell, 0 strong sell (Finnhub).
- Altman Z″-Score (bankruptcy risk) n/a (Financial Services)
- Earnings quality (is the profit real?) Mixed · 1 flag, 2 watch accruals 1.1% of assets · 75% of profit arrived as cash · stock comp 5.4% of revenue · share count +3.3% a year. From the latest 10-K (year to Dec 2025) - see the Earnings Quality Screener for how each check is scored.
- Shareholder yield (cash back to owners) −0.7% net Latest fiscal year (2025): dividends 0.0% + buybacks 0.0% − stock comp 0.7%, as a share of today's market cap. Stock comp outruns what comes back in cash. Over 14 years its split-adjusted share count fell 14%. See Shareholder Yield Leaders.
- Capital needed to grow (See's test) n/a (no current-assets line on its balance sheet)
- PEG (growth at a reasonable price) 1.72 · Above fair P/E 27.0× ÷ 15.7% a year of growth behind it. 195th lowest of 447 stocks with a usable PEG. Lynch's fair value is a PEG of 1; a very high PEG usually means almost no growth, a very low one a profit spike. See PEG Ratio Ranking.
- Compounder lenses (4) 1 of 4 · misses capital-light (n/a), real profit, price Capital-light growth: cannot be measured (no current-assets line on its balance sheet); Profit is real: not cleared (1 earnings-quality flag); Cash to owners: cleared; Fair price (PEG): not cleared (PEG 1.72, over 1.5). See Compounders at a Fair Price, which also lets you move the PEG bar.
- Munger's Inversion Check 0 flags
- Standing vs. sector peers 2 of 4 measures above the median Compared with the 39 other financial services stocks this site tracks: 0 in the top third, 1 in the bottom third.
- Dividend payout sustainability 0/6 · clean
How does BlackRock compare with its peers?
2 of 4 measures sit above the median of the 39 other financial services stocks tracked here, 1 in the bottom third.
- P/E ratiolower is cheaper · peer median 21.7× 27.0× –25th of 37
- Return on equityhigher is better · peer median 18% 12% ✕31st of 40
- Net marginhigher is better · peer median 20.2% 24.2% –14th of 40
- Dividend yieldamong dividend payers · peer median 1.56% 1.93% –15th of 33
Peers are the stocks this site tracks in the same sector group, not every listed competitor. The bar runs from the weakest peer (left) to the strongest (right); the tick is the middle. Measures that don't apply to a sector (cash-flow yield for banks, debt for financials) are left out.
What would Buffett & Lynch say?
Buffett's checklist is built around durable, profitable businesses bought at sensible prices, and BLK doesn't clear enough of it yet. In its favor: BLK is currently earning a strong return on shareholders' equity, and has kept that profitability up over five years, not just this year, carries a conservative amount of debt relative to equity, converts sales into profit at healthy margins, and earns many times its interest expense, so debt service isn't a worry. Where it comes up short: BLK hasn't grown earnings per share fast enough over five years to impress him, is trading above what a conservative discounted-cash-flow estimate says it's worth right now, and trades rich relative to owner earnings, the real cash the business could pay out.
- ROE (TTM) > 11% ✓
- ROE (5yr avg) > 11% ✓
- Debt/Equity < 0.5 ✓
- Pretax margin > 15% ✓
- EPS growth (5yr) > 7% ✕
- Interest coverage > 5x ✓
- Trading below intrinsic value (DCF) ✕
- Price vs. owner earnings < 25x ✕
Lynch looked for growth stories that weren't overpriced for that growth, and BLK falls short of his bar. In its favor: BLK is growing at the modest, GDP-ish pace typical of a slow grower, and isn't over-leveraged for a company of its type. Where it comes up short: BLK doesn't pay much of a dividend, which is the main reason to own a slow grower in the first place, is priced too rich for how little growth is actually left in the business, and trades expensive relative to the cash it actually generates.
- Dividend yield > 2.5% ✕
- EPS growth 0%-10% ✓
- Debt/Equity < 0.6 ✓
- P/E < 20 ✕
- Price/FCF < 25 ✕
Quantitative approximations of each investor's documented approach, not endorsed by either investor or their estates - commentary, not this site's actual ranking criteria. Buffett never published a numeric checklist: only 2 of his 8 checks here trace to his own documented concepts ("owner earnings," from his 1986 shareholder letter, and "price is what you pay, value is what you get," his case against fixed P/E/P/B ceilings) - the other 6 (ROE, debt, margins, growth, interest coverage) use commonly-cited thresholds that are not numbers he himself published. The 8 hard filters below (plus the Munger check and Graham margin of safety) are this site's real, mechanical screen and are computed completely independently of the checklists above.
Berkshire Hathaway's own filing
Which of the 8 value filters does BlackRock pass?
- Market Cap > $25B $186.8B
- Trailing P/E < 25 27.02
- PEG Ratio < 1.5 1.72
- Price/Book < 8 3.24
- Price/Sales < 7 6.54
- EPS Growth YoY > -5% +25.9%
- vs 50-day MA (±12%) Not evaluated †
- vs 200-day MA (±12%) Not evaluated †
What is BlackRock's margin of safety?
A standard free-cash-flow DCF doesn't fit how financial services companies report cash flow.
Where is BlackRock in its 52-week range?
What is the short interest in BlackRock?
2,040,215 shares short as of 2026-09-30 (FINRA settlement date). Reported twice a month, so this only changes roughly every two weeks, not daily.
What could go wrong with BlackRock? Munger's inversion check
"Invert, always invert." Instead of reasons to buy, these are reasons to hesitate, not a verdict, and not everything worth knowing about a business.
- Margin of safety, even in the bull case n/a (Financial Services)
- Short interest under 5% of float 1.4%
- Passes most of the 6 fundamental filters 4/6 passed
Doesn't cover circle of competence, management quality, or accounting concerns: those need judgment, not data.
How much have BlackRock shareholders gained per year?
Earnings growth per share plus dividend.
An earnings-based proxy, not a stock-price total return - it doesn't capture multiple expansion/contraction or reinvested dividends. EPS from BLK's own 10-K filings; dividend yield is the current trailing yield on today's price, from the same weekly fetch as the rest of this site.
What do BlackRock's 10-year financials show?
From BLK's own 10-K filings (SEC EDGAR): up to the last 10 fiscal years. Press any year's bars for the exact figures.
Frequently asked questions about BlackRock
What kind of company is BlackRock?
BlackRock is the world's largest asset manager. It runs index funds and ETFs, active funds and institutional portfolios, sells the Aladdin risk-management software, and earns fees based on the assets it manages. Brands and businesses it owns include iShares, Aladdin, Global Infrastructure Partners, HPS Investment Partners and Preqin. This site groups it with Financial Services stocks.
Why does BlackRock have no margin of safety on this site?
This site's DCF values a company from its free cash flow, and that does not fit financial companies, whose operating cash flow swings with client money, loans and trading rather than with what is left over for owners. So BLK gets no margin of safety; judge it on the other checks on this page, such as its filters, shareholder yield and ranking against its peers. The method is in the Intrinsic Value Calculator.
How many of this site's 8 value filters does BlackRock pass?
BLK passes 4 of 8. It passes Market Cap > $25B ($186.8B), Price/Book < 8 (3.24), Price/Sales < 7 (6.54) and EPS Growth YoY > -5% (+25.9%). It misses Trailing P/E < 25 (27.02) and PEG Ratio < 1.5 (1.72). vs 50-day MA (±12%) and vs 200-day MA (±12%) were not evaluated, because the moving-average checks only run on stocks that clear the fundamentals first. The 8-filter list shows every stock that passes all of them.
Does BlackRock pass the Buffett-style and Lynch-style checklists?
On this site's Buffett-style checklist BLK clears 5 of 8 checks and leans no; it misses EPS growth (5yr) > 7%, Trading below intrinsic value (DCF) and Price vs. owner earnings < 25x. On the Lynch-style checklist it clears 2 of 5 and leans no, with Slow Grower / Cyclical as its Lynch category; it misses Dividend yield > 2.5%, P/E < 20 and Price/FCF < 25. These are this site's own rules written in the style of each investor, not their personal views; the rules are in the Editorial Standards.
Are BlackRock's reported earnings reliable?
This site's earnings-quality check rates BLK Mixed · 1 flag, 2 watch. accruals 1.1% of assets · 75% of profit arrived as cash · stock comp 5.4% of revenue · share count +3.3% a year. From the latest 10-K (year to Dec 2025). Concerns: cash conversion (on watch), stock-based compensation (on watch) and share dilution (flagged). The five checks are the Beneish M-score (manipulation risk), accruals, cash conversion, stock-based compensation and share dilution; the Earnings Quality Screener shows how each is graded.
How much cash does BlackRock return to shareholders?
BLK's net shareholder yield is −0.7%: the cash it returns through dividends and buybacks, minus stock-based compensation, as a share of its market value. Latest fiscal year (2025): dividends 0.0% + buybacks 0.0% − stock comp 0.7%, as a share of today's market cap. Stock comp outruns what comes back in cash. Over 14 years its split-adjusted share count fell 14%. Its trailing dividend yield is 1.93%, paid out of 83% of its free cash flow; the dividend-sustainability check raises 0 of 6 flags. See Shareholder Yield Leaders and the Sustainable Dividend Screener.
Where do these numbers come from?
- Financial statements: BlackRock's 10-K annual report for the year ended Dec 31, 2025, filed Feb 25, 2026 (filing index). Every earlier year in the 10-year financials comes from the company's older 10-K filings, all listed on SEC EDGAR.
- Prices and market data: quotes, P/E and analyst ratings from Finnhub; daily price history and the 52-week range from Twelve Data, both refreshed weekly. Short interest comes from FINRA, reported twice a month.
- How to check a figure: click any number in the card above to see its exact source, and read the Editorial Standards for every rule behind the checks.
About this BlackRock Inc analysis
This page shows every value-investing check the site runs on BlackRock Inc (BLK) in one place: the 8 mechanical filters, the Buffett and Lynch checklists, a margin of safety from a disclosed DCF, earnings quality, shareholder yield and how it ranks against its sector peers. The numbers come from SEC filings and public market data, refreshed weekly, and the same rules apply to every stock on the stock list. See Editorial Standards for the sources and the rules, or run your own filters in the stock screener.