FCF Margin % is calculated as Free Cash Flow divided by its Revenue. BlackRock's Free Cash Flow for the
three
months ended in Mar. 2026 was €-939 Mil. BlackRock's Revenue for the
three
months ended in Mar. 2026 was €5,794 Mil. Therefore, BlackRock's FCF Margin % for the quarter that ended in Mar. 2026 was -16.21%.
The historical rank and industry rank for BlackRock's FCF Margin % or its related term are showing as below:
CHIX:UU2d'
s FCF Margin % Range Over the Past 10 Years
Min: 14.25 Med: 21.65 Max: 27.9
Current: 14.25
During the past 13 years, the highest FCF Margin % of BlackRock was 27.90%. The lowest was 14.25%. And the median was 21.65%.
CHIX:UU2d's FCF Margin % is ranked worse than 50.65% of 1465
companies
in the Asset Management industry
Industry Median: 14.69
vs CHIX:UU2d: 14.25
BlackRock FCF Margin % Related Terms
BlackRock FCF Margin % Historical Data
* Premium members only.
The historical data trend for BlackRock's FCF Margin % 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.
CHIX:UU2D vs BX, KKR, APO: FCF Margin % Comparison
For the Asset Management subindustry, BlackRock's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock's FCF Margin % distribution charts can be found below:
* The bar in red indicates where BlackRock's FCF Margin % falls into.
* 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 FCF Margin % of -16.21% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on BlackRock and its competitors. Over the past decade, BlackRock's FCF Margin % has ranged from 14.25 to 27.90. According to the industry distribution chart, BlackRock ranks #742 out of 1465 companies in the Asset Management industry, placing it in the top 50.6%.
Is BlackRock's FCF Margin % too high?
BlackRock's current FCF Margin % is -16.21%. Over the past 10 years, this metric has ranged from a low of 14.25 to a high of 27.90. Based on the distribution chart, BlackRock ranks #742 out of 1465 companies in the Asset Management industry, which is below the industry midpoint. Overall, BlackRock has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock's FCF Margin % compare to BX and KKR?
According to the Asset Management industry distribution chart, BlackRock ranks #742 out of 1465 companies for FCF Margin %. This places BlackRock in the lower half of its industry. The industry median FCF Margin % is 14.69. Historically, BlackRock's own FCF Margin % has ranged from 14.25 to 27.90 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Asset Management company?
The median FCF Margin % among Asset Management companies is 14.69, based on 1,465 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on BlackRock and its competitors. For the Asset Management industry, the median FCF Margin % is 14.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock's current FCF Margin % is -16.21%. 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 FCF Margin % of -16.21%. 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 FCF Margin % is -16.21%. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For BlackRock (CHIX:UU2D), the current FCF Margin % is -16.21% as of Mar. 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:
FCF Margin %: -16.21%
GF Value™: €885.06 vs. price of €793.50 (10.3% below fair value)
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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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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