BlackRock (XSWX:BLK) Other Operating Expense: CHF854 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:BLK BlackRock Inc XSWX:BLK
91 GF Score
Price CHF860.00
GF Value CHF954.16
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is BlackRock Other Operating Expense?

BlackRock XSWX:BLK -0.91% 91 Other Operating Expense is CHF854 Mil as of Mar. 2026. GuruFocus rates XSWX:BLK with a GF Score™ of 91/100 and a GF Value™ of CHF954.16 (Modestly Undervalued). The stock has 6 warning signs investors should review.

BlackRock's Other Operating Expense for the three months ended in Mar. 2026 was CHF218 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was CHF854 Mil.

BlackRock's quarterly Other Operating Expense increased from Sep. 2025 (CHF201 Mil) to Dec. 2025 (CHF214 Mil) and increased from Dec. 2025 (CHF214 Mil) to Mar. 2026 (CHF218 Mil).

BlackRock's annual Other Operating Expense increased from Dec. 2023 (CHF131 Mil) to Dec. 2024 (CHF259 Mil) and increased from Dec. 2024 (CHF259 Mil) to Dec. 2025 (CHF618 Mil).


BlackRock Other Operating Expense Historical Data

* Premium members only.

The historical data trend for BlackRock's Other Operating Expense 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.

BlackRock Other Operating Expense Chart

BlackRock Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 135.39 140.67 130.59 259.46 617.60

BlackRock Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Other Operating Expense 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 111.41 201.41 213.57 218.08 220.61
XSWX:BLK
91GF Score
BlackRock Inc XSWX:BLK
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BlackRock Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense 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 CHF854 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.

What does a Other Operating Expense of CHF854 Mil mean?
BlackRock (XSWX:BLK) has a Other Operating Expense of CHF854 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on BlackRock and its competitors.
Is BlackRock's Other Operating Expense too high?
BlackRock's current Other Operating Expense is CHF854 Mil. Overall, BlackRock has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BlackRock's Other Operating Expense compare to BX and KKR?
BlackRock's Other Operating Expense of CHF854 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for an Asset Management company?
A good Other Operating Expense depends on the Asset Management industry context. However, Other Operating Expense 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on BlackRock and its competitors. BlackRock's current Other Operating Expense is CHF854 Mil. 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 Modestly Undervalued. The stock's GF Value™ is CHF954.16, compared to a current price of CHF860.00 — trading 9.9% below its estimated fair value. The current Other Operating Expense is CHF854 Mil. BlackRock's overall GF Score™ is 91/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For BlackRock (XSWX:BLK), the current Other Operating Expense is CHF854 Mil 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 (XSWX:BLK) Overvalued in 2026?

Based on GuruFocus' analysis, BlackRock stock appears to be undervalued. The current stock price of CHF860.00 is trading 9.9% below its estimated GF Value™ of CHF954.16. GuruFocus considers BlackRock to be Modestly Undervalued.

Key valuation signals for XSWX:BLK:

  • Other Operating Expense: CHF854 Mil
  • GF Value™: CHF954.16 vs. price of CHF860.00 (9.9% below fair value)
  • GF Score™: 91/100 with 6 warning signs

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 Business Description

Address 50 Hudson Yards, New York, NY, USA, 10001
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.
91GF Score

Get the complete analysis for XSWX:BLK

Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF860.00
Price
CHF954.16
GF Value