BlackRock Inc (BLK) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.13x

BlackRock Inc (BLK) has a Cash Flow Reinvestment Rate of 0.13x as of December 2025, reinvesting $305.00 Million (capex $130.00 Million plus investments $-175.00 Million) from operating cash flow of $2.28 Billion. See BLK free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.13x
(Capex + Investments) / Operating CF

Total Reinvested

$305.00 Million
Capex + Investments

Operating Cash Flow

$2.28 Billion
USD

Capital Expenditures

$130.00 Million
USD

BlackRock Inc Cash Flow Reinvestment Rate (1998–2025)

Historical reinvestment intensity for BlackRock Inc across 28 annual periods. For the full cash flow conversion analysis, see BLK operating cash flow.

Annual Cash Flow Reinvestment Rate for BlackRock Inc (1998–2025)

Year-by-year capital reinvestment analysis for BlackRock Inc. See BlackRock Inc free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.33x $1.31 Billion $3.93 Billion $375.00 Million ▼ -49.2%
2024 0.66x $3.26 Billion $4.96 Billion $255.00 Million ▲ +78.7%
2023 0.37x $1.53 Billion $4.17 Billion $344.00 Million ▲ +74.6%
2022 0.21x $1.04 Billion $4.96 Billion $533.00 Million ▲ +43.4%
2021 0.15x $727.00 Million $4.94 Billion $341.00 Million ▲ +168.5%
2020 0.05x $205.00 Million $3.74 Billion $194.00 Million ▼ -59.9%
2019 0.14x $394.00 Million $2.88 Billion $254.00 Million ▲ +20.0%
2018 0.11x $350.00 Million $3.08 Billion $204.00 Million ▼ -2.3%
2017 0.12x $446.00 Million $3.83 Billion $155.00 Million ▲ +63.0%
2016 0.07x $154.00 Million $2.15 Billion $119.00 Million ▼ -48.0%
2015 0.14x $413.00 Million $3.00 Billion $221.00 Million ▼ -14.3%
2014 0.16x $494.00 Million $3.08 Billion $66.00 Million ▲ +326.2%
2013 0.04x $137.00 Million $3.64 Billion $94.00 Million ▼ -87.2%
2012 0.29x $658.00 Million $2.24 Billion $150.00 Million ▲ +224.3%
2011 0.09x $256.00 Million $2.83 Billion $247.00 Million ▼ -62.9%
2010 0.24x $607.00 Million $2.49 Billion $132.00 Million ▲ +34.4%
2009 0.18x $254.00 Million $1.40 Billion $67.00 Million ▲ +351.8%
2008 0.04x $77.00 Million $1.92 Billion $77.00 Million ▼ -78.8%
2007 0.19x $111.32 Million $587.45 Million $111.32 Million ▲ +62.6%
2006 0.12x $83.99 Million $720.88 Million $83.99 Million ▼ -46.1%
2005 0.22x $55.15 Million $254.94 Million $55.15 Million ▲ +95.6%
2004 0.11x $25.59 Million $231.36 Million $25.59 Million ▲ +47.7%
2003 0.07x $13.45 Million $179.59 Million $13.45 Million ▼ -69.9%
2002 0.25x $42.83 Million $172.04 Million $42.83 Million ▲ +2.9%
2001 0.24x $40.48 Million $167.37 Million $40.48 Million ▼ -19.8%
2000 0.30x $32.76 Million $108.61 Million $32.76 Million ▲ +85.4%
1999 0.16x $18.93 Million $116.33 Million $18.93 Million ▲ +4.0%
1998 0.16x $8.40 Million $53.70 Million $8.40 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow