BlackRock Inc (BLK) - Net Assets
Based on the latest financial reports, BlackRock Inc (BLK) has net assets worth $61.54 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($170.00 Billion) and total liabilities ($108.46 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are BlackRock Inc's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $61.54 Billion |
| % of Total Assets | 36.2% |
| Annual Growth Rate | 26.57% |
| 5-Year Change | 58.23% |
| 10-Year Change | 109.73% |
| Growth Volatility | 221.14 |
BlackRock Inc - Net Assets Trend (1998–2025)
This chart illustrates how BlackRock Inc's net assets have evolved over time, based on quarterly financial data. Also explore BlackRock Inc (BLK) total assets for the complete picture of this company's asset base.
Annual Net Assets for BlackRock Inc (1998–2025)
The table below shows the annual net assets of BlackRock Inc from 1998 to 2025. For live valuation and market cap data, see how much is BlackRock Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $61.54 Billion | +24.69% |
| 2024-12-31 | $49.35 Billion | +19.68% |
| 2023-12-31 | $41.24 Billion | +6.33% |
| 2022-12-31 | $38.78 Billion | -0.28% |
| 2021-12-31 | $38.89 Billion | +3.29% |
| 2020-12-31 | $37.66 Billion | +7.81% |
| 2019-12-31 | $34.93 Billion | +4.14% |
| 2018-12-31 | $33.54 Billion | +3.87% |
| 2017-12-31 | $32.29 Billion | +10.04% |
| 2016-12-31 | $29.34 Billion | +1.03% |
| 2015-12-31 | $29.04 Billion | +5.54% |
| 2014-12-31 | $27.52 Billion | +3.19% |
| 2013-12-31 | $26.67 Billion | +4.11% |
| 2012-12-31 | $25.62 Billion | +1.01% |
| 2011-12-31 | $25.36 Billion | -3.69% |
| 2010-12-31 | $26.33 Billion | +7.04% |
| 2009-12-31 | $24.60 Billion | +95.92% |
| 2008-12-31 | $12.56 Billion | +3.14% |
| 2007-12-31 | $12.18 Billion | +2.39% |
| 2006-12-31 | $11.89 Billion | +1176.05% |
| 2005-12-31 | $931.86 Million | +18.63% |
| 2004-12-31 | $785.52 Million | +9.93% |
| 2003-12-31 | $714.55 Million | +12.59% |
| 2002-12-31 | $634.65 Million | +30.56% |
| 2001-12-31 | $486.12 Million | +32.01% |
| 2000-12-31 | $368.24 Million | +31.27% |
| 1999-12-31 | $280.53 Million | +164.15% |
| 1998-12-31 | $106.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BlackRock Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 71005.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $37.90 Billion | 67.81% |
| Common Stock | $2.00 Million | 0.00% |
| Other Comprehensive Income | $-545.00 Million | -0.98% |
| Other Components | $18.53 Billion | 33.16% |
| Total Equity | $55.89 Billion | 100.00% |
BlackRock Inc Competitors by Market Cap
The table below lists competitors of BlackRock Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Deere & Company
NYSE:DE
|
$155.92 Billion |
|
Deutsche Telekom AG
XETRA:DTE
|
$157.95 Billion |
|
Salesforce.com Inc
NYSE:CRM
|
$160.09 Billion |
|
Intuitive Surgical Inc
NASDAQ:ISRG
|
$162.57 Billion |
|
Abbott Laboratories
NYSE:ABT
|
$155.56 Billion |
|
Deutsche Telekom AG
F:DTEA
|
$155.26 Billion |
|
Union Pacific Corporation
NYSE:UNP
|
$154.69 Billion |
|
Airbus Group SE
PA:AIR
|
$154.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BlackRock Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 47,495,000,000 to 55,888,000,000, a change of 8,393,000,000 (17.7%).
- Net income of 5,553,000,000 contributed positively to equity growth.
- Dividend payments of 3,347,000,000 reduced retained earnings.
- Share repurchases of 1,951,000,000 reduced equity.
- Other comprehensive income increased equity by 633,000,000.
- Other factors increased equity by 7,505,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.55 Billion | +9.94% |
| Dividends Paid | $3.35 Billion | -5.99% |
| Share Repurchases | $1.95 Billion | -3.49% |
| Other Comprehensive Income | $633.00 Million | +1.13% |
| Other Changes | $7.50 Billion | +13.43% |
| Total Change | $- | 17.67% |
Book Value vs Market Value Analysis
This analysis compares BlackRock Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 538.82x to 3.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $1.97 | $1061.68 | x |
| 1999-12-31 | $4.88 | $1061.68 | x |
| 2000-12-31 | $5.68 | $1061.68 | x |
| 2001-12-31 | $7.46 | $1061.68 | x |
| 2002-12-31 | $9.68 | $1061.68 | x |
| 2003-12-31 | $10.79 | $1061.68 | x |
| 2004-12-31 | $11.60 | $1061.68 | x |
| 2005-12-31 | $13.74 | $1061.68 | x |
| 2006-12-31 | $128.83 | $1061.68 | x |
| 2007-12-31 | $87.92 | $1061.68 | x |
| 2008-12-31 | $91.48 | $1061.68 | x |
| 2009-12-31 | $173.73 | $1061.68 | x |
| 2010-12-31 | $134.88 | $1061.68 | x |
| 2011-12-31 | $133.33 | $1061.68 | x |
| 2012-12-31 | $142.13 | $1061.68 | x |
| 2013-12-31 | $151.61 | $1061.68 | x |
| 2014-12-31 | $159.29 | $1061.68 | x |
| 2015-12-31 | $171.13 | $1061.68 | x |
| 2016-12-31 | $175.45 | $1061.68 | x |
| 2017-12-31 | $195.61 | $1061.68 | x |
| 2018-12-31 | $206.27 | $1061.68 | x |
| 2019-12-31 | $221.83 | $1061.68 | x |
| 2020-12-31 | $243.19 | $1061.68 | x |
| 2021-12-31 | $244.12 | $1061.68 | x |
| 2022-12-31 | $247.60 | $1061.68 | x |
| 2023-12-31 | $261.08 | $1061.68 | x |
| 2024-12-31 | $313.29 | $1061.68 | x |
| 2025-12-31 | $337.90 | $1061.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BlackRock Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.93%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 3.04x
- Recent ROE (9.94%) is below the historical average (14.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 33.52% | 10.49% | 0.77x | 4.15x | $24.98 Million |
| 1999 | 21.18% | 15.60% | 0.85x | 1.60x | $31.36 Million |
| 2000 | 23.72% | 18.32% | 0.89x | 1.46x | $50.54 Million |
| 2001 | 22.10% | 20.15% | 0.78x | 1.41x | $58.82 Million |
| 2002 | 21.00% | 23.09% | 0.67x | 1.36x | $69.78 Million |
| 2003 | 21.79% | 25.98% | 0.62x | 1.36x | $84.07 Million |
| 2004 | 18.63% | 19.74% | 0.63x | 1.49x | $66.31 Million |
| 2005 | 25.36% | 19.63% | 0.64x | 2.00x | $141.68 Million |
| 2006 | 2.99% | 15.38% | 0.10x | 1.90x | $-755.59 Million |
| 2007 | 8.58% | 18.55% | 0.24x | 1.95x | $-164.42 Million |
| 2008 | 6.52% | 15.53% | 0.25x | 1.65x | $-420.18 Million |
| 2009 | 3.60% | 18.62% | 0.03x | 7.32x | $-1.56 Billion |
| 2010 | 7.91% | 23.95% | 0.05x | 6.84x | $-546.40 Million |
| 2011 | 9.33% | 25.74% | 0.05x | 7.18x | $-167.80 Million |
| 2012 | 9.68% | 26.33% | 0.05x | 7.89x | $-82.30 Million |
| 2013 | 11.08% | 28.80% | 0.05x | 8.31x | $286.00 Million |
| 2014 | 12.04% | 29.73% | 0.05x | 8.76x | $557.40 Million |
| 2015 | 11.52% | 29.34% | 0.05x | 7.76x | $440.60 Million |
| 2016 | 10.81% | 25.87% | 0.06x | 7.50x | $237.60 Million |
| 2017 | 15.34% | 36.41% | 0.06x | 6.82x | $1.72 Billion |
| 2018 | 12.84% | 30.32% | 0.09x | 4.76x | $951.00 Million |
| 2019 | 12.81% | 30.79% | 0.09x | 4.83x | $983.10 Million |
| 2020 | 13.10% | 30.44% | 0.09x | 4.70x | $1.17 Billion |
| 2021 | 15.66% | 30.46% | 0.13x | 4.05x | $2.13 Billion |
| 2022 | 13.72% | 28.97% | 0.15x | 3.12x | $1.40 Billion |
| 2023 | 13.98% | 30.81% | 0.14x | 3.13x | $1.57 Billion |
| 2024 | 13.41% | 31.21% | 0.15x | 2.92x | $1.62 Billion |
| 2025 | 9.94% | 22.93% | 0.14x | 3.04x | $-35.80 Million |
Industry Comparison
This section compares BlackRock Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,222,611,667
- Average return on equity (ROE) among peers: 5.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BlackRock Inc (BLK) | $61.54 Billion | 33.52% | 1.76x | $155.79 Billion |
| Acadian Asset Management Inc (AAMI) | $84.00 Million | 95.24% | 7.06x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $2.07 Billion | 13.23% | 0.00x | $3.60 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $79.50 Million | 27.37% | 0.59x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $2.99 Million | -170.94% | 0.46x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $782.49 Million | -21.16% | 0.62x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $962.54 Million | 12.37% | 1.41x | $8.19 Billion |
| Ameriprise Financial Inc (AMP) | $6.55 Billion | 54.41% | 28.15x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $611.58 Million | 16.58% | 4.02x | $44.19 Million |
| Artisan Partners Asset Management Inc (APAM) | $132.30 Million | 18.75% | 3.39x | $2.65 Billion |
About BlackRock Inc
BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and… Read more