GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Inc (BSP:BLAK34) » Definitions » 3-Year Revenue Growth Rate

BlackRock (BSP:BLAK34) 3-Year Revenue Growth Rate : 4.20% (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is BlackRock 3-Year Revenue Growth Rate?

BlackRock's Revenue per Share for the three months ended in Dec. 2023 was R$2.29.

During the past 12 months, BlackRock's average Revenue per Share Growth Rate was 1.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 7.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 8.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of BlackRock was 49.70% per year. The lowest was 4.20% per year. And the median was 9.10% per year.


Competitive Comparison of BlackRock's 3-Year Revenue Growth Rate

For the Asset Management subindustry, BlackRock's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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's 3-Year Revenue Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where BlackRock's 3-Year Revenue Growth Rate falls into.



BlackRock 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.


BlackRock  (BSP:BLAK34) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.


BlackRock 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of BlackRock's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock (BSP:BLAK34) Business Description

Address
50 Hudson Yards, New York, NY, USA, 10001
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.

BlackRock (BSP:BLAK34) Headlines

No Headlines