Aureus
AExcellent

BlackRock, Inc.(BLK)

A

Financial data as of Dec 31, 2024Stable · Financials

FCF Margin23.0%Free Cash Flow / Revenue
Cash Conversion77.8%Operating CF / Net Income
Free Cash Flow$4.7B
Revenue$20.4B
Net Cash-$1.5BNet debt position
Debt / FCF3.0xElevated debt burden
Current Ratio16.40Adequate short-term liquidity
YoY FCF Growth+3.8%4 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseA
→
+0.5Healthy FCF margin with manageable debt (23.0%, 3.0x)
→
-0.5Highly volatile FCF (consistency: 1.17)
→
FinalA

Analysis Summary

Strengths

  • Exceptional FCF margin (23.0%)
  • Strong liquidity (current ratio: 16.40)

Concerns

  • Net debt position ($1.5B)
  • Highly volatile quarterly FCF

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin23.0%
Net Margin31.2%
Operating CF Margin24.3%
CapEx Ratio1.2%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$1.5BNet debt position
Debt / FCF3.0xElevated debt burden
Current Ratio16.40Strong liquidity
Debt / Equity0.30Low leverage

Quarterly FCF Trend

+3.8% YoYStable (+3.8%)

Free cash flow per quarter

Sector Comparison — Financials

FCF Margin ranked against sector peers

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Detailed Metrics

Company NameBlackRock, Inc.
SectorFinancials
Free Cash Flow$4.7B
Revenue$20.4B
Net Income$6.4B
Operating Cash Flow$5.0B
Capital Expenditure$255.0M
FCF Margin23.0%
Cash Conversion Rate77.8%
Net Margin31.2%
Total Debt$14.2B
Total Cash$12.8B
Net Cash-$1.5B
Current Ratio16.40
Debt / Equity0.30
Debt / FCF3.0x
YoY FCF Growth+3.8%
Positive Quarters4 of 5
Trend DirectionStable
Report DateDec 31, 2024
GradeA
Data SourceYahoo Finance

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