BlackRockMIL:1BLK -1.32%68 Price-to-Operating-Cash-Flow is 42.47 as of Jun. 24, 2026, which is 53% above its 10-year median of 27.83. GuruFocus rates MIL:1BLK with a GF Score™ of 68/100 and a GF Value™ of €966.15 (Fairly Valued). The stock has 6 warning signs investors should review. Among 929 Asset Management companies, BlackRock ranks worse than 83.1% on this metric.
As of today (2026-06-24), BlackRock's share price is €912.20.
BlackRock's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Mar. 2026 was €21.48. Hence, BlackRock's Price-to-Operating-Cash-Flow Ratio for today is 42.47.
The historical rank and industry rank for BlackRock's Price-to-Operating-Cash-Flow or its related term are showing as below:
MIL:1BLK'
s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 15.23 Med: 27.83 Max: 48.76
Current: 40.42
During the past 13 years, BlackRock's highest Price-to-Operating-Cash-Flow Ratio was 48.76. The lowest was 15.23. And the median was 27.83.
MIL:1BLK's Price-to-Operating-Cash-Flow is ranked worse than 83.1% of 929
companies
in the Asset Management industry
Industry Median: 12.59
vs MIL:1BLK: 40.42
BlackRock's Cash Flow from Operations per share for the
three
months ended in Mar. 2026 was €-5.14.
Its Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Mar. 2026 was €21.48.
During the past 12 months, the average Operating Cash Flow per Share Growth Rate of BlackRock was -9.70% per year.
During the past 3 years, the average Operating Cash Flow per Share Growth Rate was -9.10% per year.
During the past 5 years, the average Operating Cash Flow per Share Growth Rate was -0.20% per year.
During the past 10 years, the average Operating Cash Flow per Share Growth Rate was 6.80% per year.
During the past 13 years, BlackRock's highest 3-Year average Operating Cash Flow per Share Growth Rate was 56.40% per year. The lowest was -13.30% per year. And the median was 10.00% per year.
BlackRock Price-to-Operating-Cash-Flow Related Terms
BlackRock Price-to-Operating-Cash-Flow Historical Data
* Premium members only.
The historical data trend for BlackRock's Price-to-Operating-Cash-Flow 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.
MIL:1BLK vs BX, KKR, APO: Price-to-Operating-Cash-Flow Comparison
For the Asset Management subindustry, BlackRock's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow 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 Price-to-Operating-Cash-Flow vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock's Price-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where BlackRock's Price-to-Operating-Cash-Flow falls into.
BlackRock's Price-to-Operating-Cash-Flow ratio for today is calculated as
Price-to-Operating-Cash-Flow Ratio
=
Share Price
/
Cash Flow from Operations per share (TTM)
=
912.20
/
21.48
=
42.47
BlackRock's Share Price of today is €912.20. BlackRock's Cash Flow from Operations per share 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 €21.48.
* 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 Price-to-Operating-Cash-Flow of 42.47 mean?
BlackRock (MIL:1BLK) has a Price-to-Operating-Cash-Flow of 42.47 as of Jun. 24, 2026. Price-to-operating-cash-flow ratio is the ratio of share price to a company's per-share cash from operations. View historical data on BlackRock and its competitors. This is 53% above median its historical median of 27.83. Over the past decade, BlackRock's Price-to-Operating-Cash-Flow has ranged from 15.23 to 48.76. According to the industry distribution chart, BlackRock ranks #772 out of 929 companies in the Asset Management industry, placing it in the top 83.1%.
Is BlackRock's Price-to-Operating-Cash-Flow too high?
BlackRock's current Price-to-Operating-Cash-Flow of 42.47 is 53% above median its 10-year median of 27.83. Over the past 10 years, this metric has ranged from a low of 15.23 to a high of 48.76. The Asset Management industry median Price-to-Operating-Cash-Flow is 12.59. BlackRock's value of 42.47 is 237.3% above this industry median. Based on the distribution chart, BlackRock ranks #772 out of 929 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, BlackRock has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BlackRock's Price-to-Operating-Cash-Flow compare to BX and KKR?
According to the Asset Management industry distribution chart, BlackRock ranks #772 out of 929 companies for Price-to-Operating-Cash-Flow. This places BlackRock in the lower half of its industry. The industry median Price-to-Operating-Cash-Flow is 12.59. BlackRock's value of 42.47 is 237.3% above this benchmark. Historically, BlackRock's own Price-to-Operating-Cash-Flow has ranged from 15.23 to 48.76 over the past decade. While the company's 10-year median is 27.83 vs. the industry median of 12.59, 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 Price-to-Operating-Cash-Flow for an Asset Management company?
The median Price-to-Operating-Cash-Flow among Asset Management companies is 12.59, based on 929 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Operating-Cash-Flow significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Operating-Cash-Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackRock's current Price-to-Operating-Cash-Flow of 42.47 is 237.3% 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 Price-to-Operating-Cash-Flow mean?
A high Price-to-Operating-Cash-Flow can signal that a stock is expensive relative to its fundamentals. Price-to-operating-cash-flow ratio is the ratio of share price to a company's per-share cash from operations. View historical data on BlackRock and its competitors. For the Asset Management industry, the median Price-to-Operating-Cash-Flow is 12.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock's current Price-to-Operating-Cash-Flow is 42.47, which is 53% above median its own 10-year median of 27.83. 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 (MIL:1BLK) is currently considered Fairly Valued. The stock's GF Value™ is €966.15, compared to a current price of €912.20 — trading 5.6% below its estimated fair value. The current Price-to-Operating-Cash-Flow is 42.47, which is 53% above median its 10-year median of 27.83 and 237.3% above the Asset Management industry median of 12.59. BlackRock's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Operating-Cash-Flow calculated?
Price-to-Operating-Cash-Flow is calculated from a company's financial statements. For BlackRock (MIL:1BLK), the current Price-to-Operating-Cash-Flow is 42.47 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 (MIL:1BLK) Overvalued in 2026?
Based on GuruFocus' analysis, BlackRock stock appears to be undervalued.
The current stock price of €912.20 is trading 5.6% below its estimated GF Value™ of €966.15.
GuruFocus considers BlackRock to be Fairly Valued.
Key valuation signals for MIL:1BLK:
Price-to-Operating-Cash-Flow: 42.47 (53% above median its 10-year median of 27.83)
GF Value™: €966.15 vs. price of €912.20 (5.6% below fair value)
Industry Position: 237.3% above the Asset Management median (#772 of 929)
No single metric tells the full story. See the MIL:1BLK 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.
68GF Score
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