Financials BlackRock, Inc. Börse Stuttgart

Equities

BLQA

US09247X1019

Investment Management & Fund Operators

Market Closed - Börse Stuttgart 03:12:16 2024-06-07 pm EDT 5-day change 1st Jan Change
714.4 EUR +0.01% Intraday chart for BlackRock, Inc. +0.17% -2.91%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 78,006 110,043 139,089 106,433 120,765 114,227 - -
Enterprise Value (EV) 1 78,263 108,643 137,212 105,671 119,947 111,870 110,045 108,170
P/E ratio 17.7 x 22.7 x 24 x 20.9 x 22.2 x 18.6 x 17 x 15.8 x
Yield 2.63% 2.01% 1.8% 2.75% 2.46% 2.66% 2.87% 3.03%
Capitalization / Revenue 5.37 x 6.79 x 7.18 x 5.95 x 6.76 x 5.66 x 5.09 x 4.79 x
EV / Revenue 5.38 x 6.7 x 7.08 x 5.91 x 6.72 x 5.55 x 4.91 x 4.54 x
EV / EBITDA 13.1 x 17.6 x 17.4 x 15.5 x 17.9 x 13.6 x 11.6 x 11.5 x
EV / FCF 29.8 x 30.6 x 29.8 x 23.9 x 31.4 x 15.2 x 14.4 x 14.1 x
FCF Yield 3.36% 3.27% 3.35% 4.19% 3.19% 6.57% 6.93% 7.07%
Price to Book 2.33 x 3.12 x 3.68 x 2.81 x 3.06 x 2.84 x 2.6 x 2.4 x
Nbr of stocks (in thousands) 155,173 152,511 151,917 150,196 148,762 148,600 - -
Reference price 2 502.7 721.5 915.6 708.6 811.8 768.7 768.7 768.7
Announcement Date 1/15/20 1/14/21 1/14/22 1/13/23 1/12/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 14,539 16,205 19,374 17,873 17,859 20,167 22,427 23,845
EBITDA 1 5,956 6,171 7,865 6,803 6,702 8,252 9,476 9,380
EBIT 1 5,551 5,695 7,450 6,385 6,275 7,679 8,858 9,447
Operating Margin 38.18% 35.14% 38.45% 35.72% 35.14% 38.07% 39.5% 39.62%
Earnings before Tax (EBT) 1 5,787 6,524 8,173 6,290 7,155 8,208 9,151 9,428
Net income 1 4,476 4,932 5,901 5,178 5,502 6,307 6,962 7,168
Net margin 30.79% 30.44% 30.46% 28.97% 30.81% 31.27% 31.04% 30.06%
EPS 2 28.43 31.85 38.22 33.97 36.51 41.42 45.18 48.77
Free Cash Flow 1 2,630 3,549 4,603 4,423 3,821 7,352 7,622 7,645
FCF margin 18.09% 21.9% 23.76% 24.75% 21.4% 36.45% 33.98% 32.06%
FCF Conversion (EBITDA) 44.16% 57.51% 58.53% 65.02% 57.01% 89.09% 80.43% 81.51%
FCF Conversion (Net income) 58.76% 71.96% 78% 85.42% 69.45% 116.57% 109.48% 106.65%
Dividend per Share 2 13.20 14.52 16.52 19.52 20.00 20.42 22.09 23.30
Announcement Date 1/15/20 1/14/21 1/14/22 1/13/23 1/12/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 5,106 4,699 4,526 4,311 4,337 4,243 4,463 4,522 4,631 4,728 4,865 5,063 5,425 5,217 5,388
EBITDA 1 2,149 1,864 1,767 1,635 1,537 1,544 1,717 1,750 1,696 1,804 2,006 2,140 2,376 2,418 -
EBIT 1 2,039 1,764 1,668 1,526 1,427 1,438 1,615 1,637 1,585 1,693 1,835 1,935 2,125 1,943 2,098
Operating Margin 39.93% 37.54% 36.85% 35.4% 32.9% 33.89% 36.19% 36.2% 34.23% 35.81% 37.72% 38.21% 39.17% 37.25% 38.93%
Earnings before Tax (EBT) 1 2,110 1,626 1,321 1,691 1,652 1,554 1,866 1,808 1,927 1,913 2,022 2,099 2,232 2,046 2,249
Net income 1 1,643 1,436 1,077 1,406 1,259 1,157 1,366 1,604 1,375 1,573 1,489 1,555 1,718 1,583 1,642
Net margin 32.18% 30.56% 23.8% 32.61% 29.03% 27.27% 30.61% 35.47% 29.69% 33.27% 30.61% 30.72% 31.66% 30.34% 30.47%
EPS 2 10.63 9.350 7.060 9.250 8.290 7.640 9.060 10.66 9.150 10.48 9.871 10.09 11.00 10.17 10.78
Dividend per Share 2 4.130 4.880 4.880 4.880 4.880 5.000 5.000 5.000 5.000 5.100 5.100 5.100 5.100 5.405 5.405
Announcement Date 1/14/22 4/13/22 7/15/22 10/13/22 1/13/23 4/14/23 7/14/23 10/13/23 1/12/24 4/12/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 257 - - - - - - -
Net Cash position 1 - 1,400 1,877 762 818 2,357 4,182 6,058
Leverage (Debt/EBITDA) 0.0431 x - - - - - - -
Free Cash Flow 1 2,630 3,549 4,603 4,423 3,821 7,352 7,622 7,645
ROE (net income / shareholders' equity) 13.6% 15.2% 16.6% 14.3% 14.8% 15.7% 16.8% 17.3%
ROA (Net income/ Total Assets) 2.73% 3.03% 3.67% 3.99% 4.73% 5.12% 5.59% 4.9%
Assets 1 163,806 162,738 160,781 129,797 116,400 123,131 124,637 146,292
Book Value Per Share 2 216.0 231.0 249.0 252.0 265.0 271.0 295.0 321.0
Cash Flow per Share 2 18.30 24.20 32.00 32.50 27.60 49.50 52.50 54.20
Capex 1 254 194 341 533 344 263 456 288
Capex / Sales 1.75% 1.2% 1.76% 2.98% 1.93% 1.3% 2.03% 1.21%
Announcement Date 1/15/20 1/14/21 1/14/22 1/13/23 1/12/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
16
Last Close Price
768.7 USD
Average target price
913.5 USD
Spread / Average Target
+18.84%
Consensus