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BlackRockXSWX:BLK +0.19%92 EV-to-EBIT is 20.90 as of Aug. 02, 2026, which is 34% above its 10-year median of 15.65. GuruFocus rates XSWX:BLK with a GF Score™ of 92/100 and a GF Value™ of CHF944.29 (Fairly Valued). The stock has 7 warning signs investors should review. Among 499 Asset Management companies, BlackRock ranks worse than 73.35% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
BlackRock's Enterprise Value for the quarter that ended in Mar. 2026 was CHF125,176 Mil.
BlackRock's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF6,845 Mil.
* 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 EV-to-EBIT Related Terms
BlackRock EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for BlackRock's EV-to-EBIT 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.
For the Asset Management subindustry, BlackRock's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where BlackRock's EV-to-EBIT falls into.
BlackRock's current Enterprise Value is CHF143,067 Mil.
BlackRock's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF6,845 Mil.
* 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 (XSWX:BLK) has a EV-to-EBIT of 20.90 as of Aug. 02, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on BlackRock and its competitors. This is 34% above median its historical median of 15.65. Over the past decade, BlackRock's EV-to-EBIT has ranged from 9.63 to 24.15. According to the industry distribution chart, BlackRock ranks #366 out of 499 companies in the Asset Management industry, placing it in the top 73.3%.
Is BlackRock's EV-to-EBIT too high?
BlackRock's current EV-to-EBIT of 20.90 is 34% above median its 10-year median of 15.65. Over the past 10 years, this metric has ranged from a low of 9.63 to a high of 24.15. The Asset Management industry median EV-to-EBIT is 9.49. BlackRock's value of 20.90 is 120.2% above this industry median. Based on the distribution chart, BlackRock ranks #366 out of 499 companies in the Asset Management industry, which is below the industry midpoint. Overall, BlackRock has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BlackRock's EV-to-EBIT compare to BX and KKR?
According to the Asset Management industry distribution chart, BlackRock ranks #366 out of 499 companies for EV-to-EBIT. This places BlackRock in the lower half of its industry. The industry median EV-to-EBIT is 9.49. BlackRock's value of 20.90 is 120.2% above this benchmark. Historically, BlackRock's own EV-to-EBIT has ranged from 9.63 to 24.15 over the past decade. While the company's 10-year median is 15.65 vs. the industry median of 9.49, BlackRock has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Asset Management company?
The median EV-to-EBIT among Asset Management companies is 9.49, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackRock's current EV-to-EBIT of 20.90 is 120.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on BlackRock and its competitors. For the Asset Management industry, the median EV-to-EBIT is 9.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock's current EV-to-EBIT is 20.90, which is 34% above median its own 10-year median of 15.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock stock overvalued right now?
Based on GuruFocus' analysis, BlackRock (XSWX:BLK) is currently considered Fairly Valued. The stock's GF Value™ is CHF944.29, compared to a current price of CHF881.70 — trading 6.6% below its estimated fair value. The current EV-to-EBIT is 20.90, which is 34% above median its 10-year median of 15.65 and 120.2% above the Asset Management industry median of 9.49. BlackRock's overall GF Score™ is 92/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For BlackRock (XSWX:BLK), the current EV-to-EBIT is 20.90 as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BlackRock (XSWX:BLK) Overvalued in 2026?
Based on GuruFocus' analysis, BlackRock stock appears to be undervalued.
The current stock price of CHF881.70 is trading 6.6% below its estimated GF Value™ of CHF944.29.
GuruFocus considers BlackRock to be Fairly Valued.
Key valuation signals for XSWX:BLK:
EV-to-EBIT: 20.90 (34% above median its 10-year median of 15.65)
GF Value™: CHF944.29 vs. price of CHF881.70 (6.6% below fair value)
Industry Position: 120.2% above the Asset Management median (#366 of 499)
No single metric tells the full story. See the XSWX:BLK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BlackRock is the largest asset manager in the world, with $14.041 trillion in assets under management at the end of December 2025. Its product mix is diverse, with 55% of managed assets in equity strategies, 23% in fixed income, 9% in multi-asset classes, 6% in money market funds, and 5% in alternatives. Passive strategies account for more than 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.
92GF Score
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