GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Inc (NYSE:BLK) » Definitions » Price-to-Owner-Earnings

BLK (BlackRock) Price-to-Owner-Earnings : 23.67 (As of Oct. 31, 2024)


View and export this data going back to 1999. Start your Free Trial

What is BlackRock Price-to-Owner-Earnings?

As of today (2024-10-31), BlackRock's share price is $981.03. BlackRock's Owner Earnings per Share (TTM) ended in Jun. 2024 was $41.45. It's Price-to-Owner-Earnings for today is 23.67.


The historical rank and industry rank for BlackRock's Price-to-Owner-Earnings or its related term are showing as below:

BLK' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 11.87   Med: 20.95   Max: 26.77
Current: 23.68

During the past 13 years, the highest Price-to-Owner-Earnings of BlackRock was 26.77. The lowest was 11.87. And the median was 20.95.


BLK's Price-to-Owner-Earnings is ranked worse than
72.95% of 329 companies
in the Asset Management industry
Industry Median: 12.03 vs BLK: 23.68

As of today (2024-10-31), BlackRock's share price is $981.03. BlackRock's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was $40.28. Therefore, BlackRock's PE Ratio (TTM) for today is 24.36.

As of today (2024-10-31), BlackRock's share price is $981.03. BlackRock's EPS without NRI for the trailing twelve months (TTM) ended in was $40.74. Therefore, BlackRock's PE Ratio without NRI for today is 24.08.

During the past 13 years, BlackRock's highest PE Ratio without NRI was 26.29. The lowest was 12.49. And the median was 19.26.


BlackRock Price-to-Owner-Earnings Historical Data

The historical data trend for BlackRock's Price-to-Owner-Earnings 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.

* Premium members only.

BlackRock Price-to-Owner-Earnings Chart

BlackRock Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.86 21.43 23.63 21.42 22.52

BlackRock Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Price-to-Owner-Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.45 18.47 22.52 21.14 19.00

Competitive Comparison of BlackRock's Price-to-Owner-Earnings

For the Asset Management subindustry, BlackRock's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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 Price-to-Owner-Earnings Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where BlackRock's Price-to-Owner-Earnings falls into.



BlackRock Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

BlackRock's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=981.03/41.45
=23.67

* 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  (NYSE:BLK) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


BlackRock Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of BlackRock's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock Business Description

Address
50 Hudson Yards, New York, NY, USA, 10001
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.
Executives
Mark Wiedman officer: Senior Managing Director 50 HUDSON YARDS, NEW YORK NY 10001
J. Richard Kushel officer: Senior Managing Director BLACKROCK, INC., 50 HUDSON YARDS, NEW YORK NY 10001
Laurence Fink director, officer: Chairman and CEO BLACKROCK, INC., 50 HUDSON YARDS, NEW YORK NY 10001
Pamela Daley director C/O PATHEON N.V., HERENGRACHT 483, AMSTERDAM P7 1017 BT
Rachel Lord officer: Senior Managing Director 55 EAST 52ND STREET, NEW YORK NY 10055
Stephen Cohen officer: Senior Managing Director 55 EAST 52ND STREET, NEW YORK NY 10055
Christopher J. Meade officer: General Counsel and CLO BLACKROCK, INC., 55 EAST 52ND STREET, NEW YORK NY 10055
Marc D. Comerchero officer: Principal Accounting Officer BLACKROCK, INC., 50 HUDSON YARDS, NEW YORK NY 10001
Martin Small officer: CFO & Senior Managing Director 50 HUDSON YARDS, NEW YORK NY 10001
Amin H. Nasser director 50 HUDSON YARDS, NEW YORK NY 10001
Caroline Heller officer: Senior Managing Director 50 HUDSON YARDS, NEW YORK NY 10001
Manish Mehta officer: Senior Managing Director 55 EAST 52ND STREET, NEW YORK NY 10055
Mark Mccombe officer: Senior Managing Director BLACKROCK, INC., 55 EAST 52ND STREET, NEW YORK NY 10055
Robert Kapito director, officer: President 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
William E Ford director 55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055