EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, BlackRock's enterprise value is $111,228 Mil.
BlackRock's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $8,198 Mil. Therefore, BlackRock's EV-to-EBITDA for today is 13.57.
The historical rank and industry rank for BlackRock's EV-to-EBITDA or its related term are showing as below:
BLK'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.13 Med: 13.15 Max: 17.61
Current: 13.57
During the past 13 years, the highest EV-to-EBITDA of BlackRock was 17.61. The lowest was 9.13. And the median was 13.15.
BLK's EV-to-EBITDA is ranked worse than 67.64% of 513
companies
in the Asset Management industry
Industry Median: 8.48
vs BLK: 13.57
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2024-04-18), BlackRock's stock price is $747.30.
BlackRock's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $39.350. Therefore, BlackRock's PE Ratio for today is 18.99.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.
BlackRock EV-to-EBITDA Historical Data
The historical data trend for BlackRock's EV-to-EBITDA 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 Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
EV-to-EBITDA
12.65
15.77
15.93
15.45
15.44
BlackRock Quarterly Data
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Mar24
EV-to-EBITDA
15.24
14.53
13.29
15.44
-
Competitive Comparison
For the Asset Management subindustry, BlackRock's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA Distribution
For the Asset Management industry and Financial Services sector, BlackRock's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where BlackRock's EV-to-EBITDA falls into.
BlackRock EV-to-EBITDA Calculation
BlackRock's EV-to-EBITDA for today is calculated as:
BlackRock's current Enterprise Value is $111,228 Mil.
BlackRock's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $8,198 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 (NYSE:BLK) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
BlackRock's share price for today is $747.30.
BlackRock's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $39.350.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.
Thank you for viewing the detailed overview of BlackRock's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
BlackRock is the largest asset manager in the world, with $9.101 trillion in AUM at the end of September 2023. Product mix is fairly diverse, with 52% of the firm's managed assets in equity strategies, 28% in fixed income, 9% in multi-asset class, 8% in money market funds, and 3% in alternatives. Passive strategies account for around 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 also geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the U.S. and Canada.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BLK has been successfully added to your 