Blackrock Inc.
BLK
Market Cap$116.91B
Close$
Earnings Call Q4 2023
January 12, 2024 - AI Summary
BlackRock reported $289 billion of total net inflows in 2023, with $96 billion generated in the fourth quarter, indicating strong momentum going into 2024.
The company achieved 1% organic base fee growth for the full year and saw a surge in flows at the end of the year, resulting in 6% annualized organic base fee growth for November and December.
BlackRock's ETF business continued to perform well, with industry-leading net inflows of $186 billion in 2023. The company launched innovative products, including active ETFs and target date ETFs, to meet client needs.
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$393.68
47.8% downside
Current Fair Value
47.8% downsideOvervalued by 47.8% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $116.91 Billion |
|---|---|
| Enterprise Value | $116.38 Billion |
| Dividend Yield | $19.9061 (2.53%) |
| Earnings per Share | $36.51 |
| Beta | 1.25 |
| Outstanding Shares | 148,748,501 |
| Avg 30 Day Volume | 681,557 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 21.25 |
|---|---|
| PEG | 230.62 |
| Price to Sales | 6.28 |
| Price to Book Ratio | 2.86 |
| Enterprise Value to Revenue | 6.52 |
| Enterprise Value to EBIT | 15.5 |
| Enterprise Value to Net Income | 21 |
| Total Debt to Enterprise | 0.07 |
| Debt to Equity | 0.2 |
Revenue Sources
No data
ESG Score
No data
About Blackrock Inc.
16,200 employees
CEO: Laurence Fink BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their m...