# BlackRock, Inc. (BLK) · Edgar & Edgarette company card

> BlackRock (BLK) grew revenue 18.7% in FY2025 to $24.2 billion, operating margin 29.1% against a 24.4% median for security brokers, dealers & flotation companies, equity 32.9% of assets, and dividend per share up 3 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 2012383 · fiscal year ended 2025-12-31 · 4 audited years read · [page](https://www.pops4.com/boards/company/BLK) · [JSON](https://www.pops4.com/boards/company/BLK.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $24.2B |
| Revenue growth, 1 year | 18.7% |
| Revenue growth per year | 10.7% |
| Operating margin | 29.1% (prior year 37.1%) |
| Net margin | 24.5% |
| Operating cash flow | $3.9B |
| Capital spending | $375M |
| Free cash flow | $3.6B |
| Cash | $11.5B |
| Long-term debt | $12.8B |
| Total assets | $170.0B |
| Total equity | $55.9B |
| Equity ÷ assets | 32.9% |
| Return on equity | 10.6% |
| Dividend per share | $20.84 |
| Dividend years rising | 3 |

## Readings, computed from those figures

- Piotroski F: 3 of 9 (middling)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $24.2B (FY2025), total debt $12.8B. Experience: revenue up 18.7% on the year, up 10.7% a year over 3 years; operating margin 29.1%, down from 37.1%. Soundness: equity 32.9% of assets, return on equity 10.6%, dividend per share up 3 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $24.2B and $29.8B next year (method v4.1: its own 3-year record of growth weighed at 40% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $22.0B to $32.4B. A statistical range, not company guidance. Against peers (10 filers, $50M+ revenue, security brokers, dealers & flotation companies): operating margin 29.1% against a 24.4% median; growth 18.7% against 18.7%.

Range logged 2026-09-26, receipt 592eddc7e063ad4e, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-01-27 ([filing](https://www.sec.gov/Archives/edgar/data/2012383/000119312526024549/0001193125-26-024549-index.htm))

## Recent filings

- 10-Q · filed 2026-11-04 · [filing](https://www.sec.gov/Archives/edgar/data/2012383/000119312526447043/0001193125-26-447043-index.htm)
- 8-K · filed 2026-10-14 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2012383/000119312526420979/0001193125-26-420979-index.htm)
- 10-Q · filed 2026-08-06 · [filing](https://www.sec.gov/Archives/edgar/data/2012383/000119312526337177/0001193125-26-337177-index.htm)
- 8-K · filed 2026-07-15 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2012383/000119312526304013/0001193125-26-304013-index.htm)
- 8-K · filed 2026-06-30 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2012383/000119312526290830/0001193125-26-290830-index.htm)
- 8-K · filed 2026-05-22 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/2012383/000119312526237027/0001193125-26-237027-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0002012383.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2012383

## Cite

POPS4, Edgar & Edgarette: BlackRock, Inc. (BLK) company card, from the company's own SEC filings, accessed 2026-11-10, https://www.pops4.com/boards/company/BLK. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.