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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. BlackRock's current 3-Year Share Buyback Ratio was -1.20%.
The historical rank and industry rank for BlackRock's 3-Year Share Buyback Ratio or its related term are showing as below:
XSWX:BLK'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -22.7 Med: 0.5 Max: 4.1
Current: -1.2
During the past 13 years, BlackRock's highest 3-Year Share Buyback Ratio was 4.10%. The lowest was -22.70%. And the median was 0.50%.
XSWX:BLK's 3-Year Share Buyback Ratio is ranked worse than 51.8% of 1141
companies
in the Asset Management industry
Industry Median: -0.8
vs XSWX:BLK: -1.20
BlackRock (XSWX:BLK) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
BlackRock 3-Year Share Buyback Ratio Related Terms
XSWX:BLK vs BX, KKR, APO: 3-Year Share Buyback Ratio Comparison
For the Asset Management subindustry, BlackRock's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where BlackRock's 3-Year Share Buyback Ratio falls into.
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
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 dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of -1.20 mean?
BlackRock (XSWX:BLK) has a 3-Year Share Buyback Ratio of -1.20 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for BlackRock and its competitors. According to the industry distribution chart, BlackRock ranks #591 out of 1141 companies in the Asset Management industry, placing it in the top 51.8%.
Is BlackRock's 3-Year Share Buyback Ratio too high?
BlackRock's current 3-Year Share Buyback Ratio is -1.20. Based on the distribution chart, BlackRock ranks #591 out of 1141 companies in the Asset Management industry, which is below the industry midpoint. Overall, BlackRock has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BlackRock's 3-Year Share Buyback Ratio compare to BX and KKR?
According to the Asset Management industry distribution chart, BlackRock ranks #591 out of 1141 companies for 3-Year Share Buyback Ratio. This places BlackRock in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for an Asset Management company?
A good 3-Year Share Buyback Ratio depends on the Asset Management industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for BlackRock and its competitors. BlackRock's current 3-Year Share Buyback Ratio is -1.20. 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 Fairly Valued. The stock's GF Value™ is CHF967.07, compared to a current price of CHF949.40 — trading 1.8% below its estimated fair value. The current 3-Year Share Buyback Ratio is -1.20. BlackRock's overall GF Score™ is 87/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For BlackRock (XSWX:BLK), the current 3-Year Share Buyback Ratio is -1.20 as of Jun. 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 CHF949.40 is trading 1.8% below its estimated GF Value™ of CHF967.07.
GuruFocus considers BlackRock to be Fairly Valued.
Key valuation signals for XSWX:BLK:
3-Year Share Buyback Ratio: -1.20
GF Value™: CHF967.07 vs. price of CHF949.40 (1.8% below fair value)
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 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.
87GF Score
Get the complete analysis for XSWX:BLK
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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