BL
BlackRock
BLK · Financial Services
Company brief
BL
BLKFinancial Services$102B

BlackRock

World's largest asset manager providing investment management, risk management, and advisory services through technology platforms like Aladdin

Moat score
95/100
13F status
Tracking pending
Main Metrics

Beginner valuation check

Price
$1,055
Next earnings
Data pending

Data pending from FMP or Finnhub.

1Y Performance
+10%

Positive price performance shows recent market sentiment, not a full investment thesis.

Forward P/E
19.1x

Forward P/E around 19.1x means investors pay about $19.1 for each expected $1 of future profit per share, usually the next 12 months or next fiscal year. It is a forecast, not a fact.

P/E
26.9x

A P/E around 26.9x means investors pay about $26.9 for each $1 the company earned per share over the last 12 months, usually the last four quarterly reports.

EPS
$38.42
Market Cap
$167.9B
Forward P/E is the cleanest beginner valuation anchor here; compare it with growth and recent performance.

Source: market data index. As of May 21, 2026. P/E can be unavailable or misleading when earnings are negative.

Scenario Framework

Bull / Neutral / Bear

Neutral Case

BlackRock continues to monetize its core ETF franchise while active and technology revenue provide additional support.

Watch signal

Forward P/E around 19.1x stays aligned with the company’s growth profile and business quality.

What you own

BlackRock is exposure to financial services operating model with high switching costs and 115% net revenue retention.

Base thesis

Aladdin platform manages $21T+ in assets across 200+ institutions - unprecedented scale creates network effects

Main risk

The main question is whether the company can keep customer value compounding without margin pressure eroding the moat.

How to inspect it

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Simulator coverage pending

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Investor Snapshot
95Moat Score
Net Revenue Retention115%
Retention RiskLow
AI Disruption RiskLow
Switching CostsHigh
13F Ownership
Tracking pending

No SEC-backed 13F rows are matched for this ticker yet. We do not fabricate ownership rows.

Investment Thesis
  • Aladdin platform manages $21T+ in assets across 200+ institutions - unprecedented scale creates network effects
  • Risk models trained on 30+ years of proprietary market data - impossible to replicate without decades of investment
  • Regulatory approval processes for new risk systems take 2-3 years - massive switching cost barrier
  • Deep integration with prime brokers, custodians, and execution venues creates operational lock-in
  • AI enhances rather than replaces human portfolio management - human oversight remains regulatory requirement