BlackRockCHIX:UU2D 93 EV-to-FCF is 46.29 as of Jun. 24, 2026, which is 53% above its 10-year median of 30.20. GuruFocus rates CHIX:UU2D with a GF Score™ of 93/100 and a GF Value™ of €885.06. The stock has 6 warning signs investors should review. Among 940 Asset Management companies, BlackRock ranks worse than 82.77% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, BlackRock's Enterprise Value is €145,255 Mil.
BlackRock's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €3,138 Mil. Therefore, BlackRock's EV-to-FCF for today is 46.29.
The historical rank and industry rank for BlackRock's EV-to-FCF or its related term are showing as below:
CHIX:UU2d'
s EV-to-FCF Range Over the Past 10 Years
Min: 15.51 Med: 30.2 Max: 55.96
Current: 45.22
During the past 13 years, the highest EV-to-FCF of BlackRock was 55.96. The lowest was 15.51. And the median was 30.20.
CHIX:UU2d's EV-to-FCF is ranked worse than 82.77% of 940
companies
in the Asset Management industry
Industry Median: 14.685
vs CHIX:UU2d: 45.22
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
BlackRock's share price for today is €793.50.
BlackRock's Earnings per Share (Diluted) 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 €34.294.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
BlackRock EV-to-FCF Related Terms
BlackRock EV-to-FCF Historical Data
* Premium members only.
The historical data trend for BlackRock's EV-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.
For the Asset Management subindustry, BlackRock's EV-to-FCF, along with its competitors' market caps and EV-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 EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where BlackRock's EV-to-FCF falls into.
BlackRock's current Enterprise Value is €145,255 Mil.
BlackRock's Free Cash Flow 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 €3,138 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 (CHIX:UU2D) has a EV-to-FCF of 46.29 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on BlackRock and its competitors. This is 53% above median its historical median of 30.20. Over the past decade, BlackRock's EV-to-FCF has ranged from 15.51 to 55.96. According to the industry distribution chart, BlackRock ranks #778 out of 940 companies in the Asset Management industry, placing it in the top 82.8%.
Is BlackRock's EV-to-FCF too high?
BlackRock's current EV-to-FCF of 46.29 is 53% above median its 10-year median of 30.20. Over the past 10 years, this metric has ranged from a low of 15.51 to a high of 55.96. The Asset Management industry median EV-to-FCF is 14.69. BlackRock's value of 46.29 is 215.2% above this industry median. Based on the distribution chart, BlackRock ranks #778 out of 940 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, BlackRock has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock's EV-to-FCF compare to BX and KKR?
According to the Asset Management industry distribution chart, BlackRock ranks #778 out of 940 companies for EV-to-FCF. This places BlackRock in the lower half of its industry. The industry median EV-to-FCF is 14.69. BlackRock's value of 46.29 is 215.2% above this benchmark. Historically, BlackRock's own EV-to-FCF has ranged from 15.51 to 55.96 over the past decade. While the company's 10-year median is 30.20 vs. the industry median of 14.69, 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-FCF for an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.69, based on 940 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackRock's current EV-to-FCF of 46.29 is 215.2% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on BlackRock and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock's current EV-to-FCF is 46.29, which is 53% above median its own 10-year median of 30.20. 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?
BlackRock (CHIX:UU2D) has a current EV-to-FCF of 46.29. The stock's GF Value™ is €885.06, compared to a current price of €793.50 — trading 10.3% below its estimated fair value. The current EV-to-FCF is 46.29, which is 53% above median its 10-year median of 30.20 and 215.2% above the Asset Management industry median of 14.69. BlackRock's overall GF Score™ is 93/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For BlackRock (CHIX:UU2D), the current EV-to-FCF is 46.29 as of Jun. 24, 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 (CHIX:UU2D) Overvalued in 2026?
Based on GuruFocus' analysis, BlackRock stock appears to be undervalued.
The current stock price of €793.50 is trading 10.3% below its estimated GF Value™ of €885.06.
Key valuation signals for CHIX:UU2D:
EV-to-FCF: 46.29 (53% above median its 10-year median of 30.20)
GF Value™: €885.06 vs. price of €793.50 (10.3% below fair value)
Industry Position: 215.2% above the Asset Management median (#778 of 940)
No single metric tells the full story. See the CHIX:UU2D 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.
93GF Score
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