BlackRock Inc Canadian Depository Receipt (CAD Hedged) BLK

Morningstar Rating
CAD 25.04 +0.05 (0.20%)
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Trading Information

Previous Close Price
CAD 24.99
Day Range
CAD 25.0425.04
52-Week Range
CAD 20.0925.07
Bid/Ask
CAD 24.59 / CAD 28.00
Market Cap
CAD 12.52 Mil
Volume/Avg
446 / 4,528

Key Statistics

Price/Earnings (Normalized)
23.33
Price/Sales
7.64
Dividend Yield (Trailing)
1.63%
Dividend Yield (Forward)
2.17%
Total Yield
3.02%

Company Profile

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.
Sector
Financial Services
Industry
Asset Management
Stock Style Box
Large Value
Total Number of Employees
19,300

Competitors

Valuation

Metric
BLK
BEN
IVZ
Price/Earnings (Normalized)
23.337.7911.23
Price/Book Value
3.480.840.75
Price/Sales
7.641.261.39
Price/Cash Flow
31.647.914.83
Price/Earnings
BLK
BEN
IVZ

Financial Strength

Metric
BLK
BEN
IVZ
Quick Ratio
11.973.481.88
Current Ratio
15.763.481.88
Interest Coverage
19.4415.08−2.26
Quick Ratio
BLK
BEN
IVZ

Profitability

Metric
BLK
BEN
IVZ
Return on Assets (Normalized)
4.98%4.44%2.50%
Return on Equity (Normalized)
15.60%11.27%6.60%
Return on Invested Capital (Normalized)
11.48%4.98%2.96%
Return on Assets
BLK
BEN
IVZ

Asset Management Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BlackRock Inc
BLK
HrfryqbxcVrjm$140.0 Bil
Blackstone Inc
BX
NfwdqszfbYqtsnb$117.5 Bil
KKR & Co Inc Ordinary Shares
KKR
XbsdykkWnhbxl$116.6 Bil
Ameriprise Financial Inc
AMP
CfmhfcjQmfkw$45.9 Bil
State Street Corp
STT
LzqydwdkGrnpk$26.3 Bil
Raymond James Financial Inc
RJF
QllpyjpyDvmgyc$25.2 Bil
T. Rowe Price Group Inc
TROW
FtnsxwjmsSxcmsp$24.3 Bil
Northern Trust Corp
NTRS
JzmkrqcnhPhw$18.1 Bil
The Carlyle Group Inc
CG
RyyppkksyMlslxp$15.2 Bil
Franklin Resources Inc
BEN
CtfvhtwpGrjc$10.8 Bil

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