GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Inc (LTS:0QZZ) » Definitions » Cyclically Adjusted Price-to-FCF

BlackRock (LTS:0QZZ) Cyclically Adjusted Price-to-FCF : 38.11 (As of Jun. 02, 2025)


View and export this data going back to 2018. Start your Free Trial

What is BlackRock Cyclically Adjusted Price-to-FCF?

As of today (2025-06-02), BlackRock's current share price is $972.26. BlackRock's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $25.51. BlackRock's Cyclically Adjusted Price-to-FCF for today is 38.11.

The historical rank and industry rank for BlackRock's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LTS:0QZZ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.26   Med: 29.74   Max: 48.35
Current: 37.5

During the past years, BlackRock's highest Cyclically Adjusted Price-to-FCF was 48.35. The lowest was 20.26. And the median was 29.74.

LTS:0QZZ's Cyclically Adjusted Price-to-FCF is ranked worse than
69.88% of 498 companies
in the Asset Management industry
Industry Median: 19.23 vs LTS:0QZZ: 37.50

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

BlackRock's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $-7.701. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $25.51 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


BlackRock Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BlackRock's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BlackRock Cyclically Adjusted Price-to-FCF Chart

BlackRock Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.75 43.14 29.56 32.94 39.32

BlackRock Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.42 30.94 37.36 39.32 36.22

Competitive Comparison of BlackRock's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, BlackRock's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BlackRock's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where BlackRock's Cyclically Adjusted Price-to-FCF falls into.


;
;

BlackRock Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

BlackRock's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=972.26/25.51
=38.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BlackRock's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, BlackRock's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-7.701/134.9266*134.9266
=-7.701

Current CPI (Mar. 2025) = 134.9266.

BlackRock Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 5.707 100.684 7.648
201509 7.824 100.392 10.515
201512 6.471 99.792 8.749
201603 -3.540 100.470 -4.754
201606 2.570 101.688 3.410
201609 6.224 101.861 8.244
201612 7.678 101.863 10.170
201703 -1.106 102.862 -1.451
201706 7.936 103.349 10.361
201709 7.997 104.136 10.362
201712 8.190 104.011 10.624
201803 -1.064 105.290 -1.363
201806 8.587 106.317 10.898
201809 7.530 106.507 9.539
201812 2.635 105.998 3.354
201903 -1.769 107.251 -2.225
201906 5.574 108.070 6.959
201909 5.577 108.329 6.946
201912 7.340 108.420 9.134
202003 -6.304 108.902 -7.811
202006 10.680 108.767 13.249
202009 6.187 109.815 7.602
202012 12.613 109.897 15.486
202103 -4.008 111.754 -4.839
202106 10.939 114.631 12.876
202109 11.212 115.734 13.071
202112 11.741 117.630 13.467
202203 -3.706 121.301 -4.122
202206 10.029 125.017 10.824
202209 10.684 125.227 11.512
202212 12.102 125.222 13.040
202303 -3.139 127.348 -3.326
202306 6.130 128.729 6.425
202309 9.953 129.860 10.341
202312 12.483 129.419 13.014
202403 -3.145 131.776 -3.220
202406 9.074 132.554 9.236
202409 8.603 133.029 8.726
202412 16.096 133.157 16.310
202503 -7.701 134.927 -7.701

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


BlackRock  (LTS:0QZZ) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


BlackRock Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of BlackRock's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock Business Description

Address
50 Hudson Yards, New York, NY, USA, 10001
BlackRock is the largest asset manager in the world, with $11.584 trillion in assets under management at the end of March 2025. Its product mix is diverse, with 53% of managed assets in equity strategies, 26% in fixed income, 9% in multi-asset classes, 8% in money market funds, and 4% in alternatives. Passive strategies account for two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the US and Canada.

BlackRock Headlines

No Headlines