BlackRock (NYSE: BLK) is the world's largest asset manager, a company that invests and manages money on behalf of its clients. The company currently has a price-to-earnings (P/E) ratio of 25.83. This metric suggests that investors are willing to pay $25.83 for every dollar of the company's earnings.
On July 15, 2026, BlackRock announces its quarterly earnings. The company posts an earnings per share (EPS) of $13.91. This figure is higher than the consensus estimate of $12.69. As highlighted by Zacks, this result also surpasses their estimate of $12.67 per share and shows growth from the $12.05 per share earned a year ago.
The firm’s revenue for the quarter is $7.08 billion, which is above the analyst expectation of $6.73 billion. This performance represents a 31% increase from the prior year and exceeds the consensus estimate by 3.75%. This marks the fourth straight quarter that BlackRock has surpassed both earnings and revenue estimates.
A key factor in this performance is the growth in BlackRock's assets under management (AUM), which is the total market value of the investments it manages. The company’s AUM rises 22% year-over-year to a record $15.3 trillion. This is the first time the firm’s AUM has crossed the $15 trillion mark.
The company’s financial health appears stable. It maintains a debt-to-equity ratio of 0.26, indicating it uses a low amount of debt to finance its assets. A company's debt-to-equity ratio compares its total debt to its total shareholder equity. Additionally, its current ratio of 6.80 shows a strong ability to cover its short-term debts.