BlackRock (WBO:BLK) Tax Rate % : 21.02% (As of Dec. 2024)

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What is BlackRock Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. BlackRock's Tax Expense for the three months ended in Dec. 2024 was €422 Mil. BlackRock's Pre-Tax Income for the three months ended in Dec. 2024 was €2,008 Mil. Therefore, BlackRock's Tax Rate % for the quarter that ended in Dec. 2024 was 21.02%.

BlackRock Tax Rate % Historical Data

The historical data trend for BlackRock's Tax Rate % 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.

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BlackRock Tax Rate % Chart

BlackRock Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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18.98

24.08

20.60

20.67

21.49

BlackRock Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															22.73	15.16	23.68	25.34	21.02

BlackRock Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

BlackRock's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	1702.765	/	7921.725
	=	21.49 %

BlackRock's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	422.11	/	2008.365
	=	21.02 %

BlackRock Tax Rate % Related Terms

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BlackRock Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Inc (WBO:BLK) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BLK:USA BLK:Mexico 1BLK:Italy 0QZZ:UK BLQ:Germany UU2:Germany UU2:Germany UU2:Germany UU2:Germany BLK:Canada BLAK34:Brazil

Address

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

Website

https://www.blackrock.com

BlackRock is the largest asset manager in the world, with $11.475 trillion in assets under management at the end of September 2024. Its product mix is fairly diverse, with 55% of managed assets in equity strategies, 26% in fixed income, 9% in multi-asset classes, 7% 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 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.