Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). BlackRock's share price for the quarter that ended in Jun. 2024 was €732.6. BlackRock's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 148 Mil. Therefore, BlackRock's market cap for the quarter that ended in Jun. 2024 was €108,564 Mil.
BlackRock's quarterly market cap
increased
from Dec. 2023 (€108,880 Mil) to Mar. 2024 (€115,170 Mil) but then
declined
from Mar. 2024 (€115,170 Mil) to Jun. 2024 (€108,564 Mil).
BlackRock's annual market cap
stayed the same
from Dec. 2021 (€0 Mil) to Dec. 2022 (€0 Mil) but then
increased
from Dec. 2022 (€0 Mil) to Dec. 2023 (€108,880 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. BlackRock's Enterprise Value for Today is €142,152 Mil.
BlackRock Market Cap Historical Data
The historical data trend for BlackRock's Market Cap 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.
For the Asset Management subindustry, BlackRock's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock's Market Cap distribution charts can be found below:
* The bar in red indicates where BlackRock's Market Cap falls into.
BlackRock Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
BlackRock's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
BlackRock (MIL:1BLK) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
BlackRock Market Cap Related Terms
Thank you for viewing the detailed overview of BlackRock's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
BlackRock is the largest asset manager in the world, with $10.646 trillion in assets under management at the end of June 2024. Its product mix is fairly diverse, with 55% of managed assets in equity strategies, 26% in fixed income, 9% in multiasset 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.
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