Buyback yield (TTM)
1.41%
Shareholder yield (TTM)
3.74%
5Y share count change
6.8%
Buyback spend (TTM)
$2.10B
Cumulative buybacks
$27.67B
Key takeaways
- BlackRock (BLK) repurchased about $2.10B of stock over the trailing twelve months.
- Diluted share count is up 6.8% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- TTM buyback ÷ stock-based-comp ratio of 1.97× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +1.5% per year over the latest 5-year window.
- TTM repurchases used about 2566% of free cash flow remaining after dividends.
Dividend & buyback yield over time for BlackRock (BLK)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for BlackRock (BLK)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for BlackRock (BLK)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for BlackRock (BLK)
Latest: $1.95B
Overview
In 2025, BlackRock (BLK) buyback spend totalled $1.95B – edged up 1.1% year-over-year.
BlackRock buyback spend compound annual growth for the 2020–2025 (5 years) window is +1.5%, sustaining 2 straight years of year-over-year growth.
Between 2011 and 2025, BlackRock buyback spend plunged 32.4%, falling from $2.88B to $1.95B.
The highest annual buyback spend of $2.88B was reported in 2011. The lowest in the available history was $16.00K in 2000.
BlackRock Buyback Spend 2025: $1.95B
2025's buyback spend for BlackRock came in at $1.95B, edged up 1.1% from 2024.
BlackRock Buyback Spend 2024: $1.93B
BlackRock posted buyback spend of $1.93B in 2024, edged up 2.4% from 2023.
BlackRock Buyback Spend 2023: $1.88B
In 2023, BlackRock reported buyback spend of $1.88B, declined 19.2% below 2022.
BlackRock Buyback Spend 2022: $2.33B
BlackRock buyback spend in 2022 was $2.33B, surged 57.0% from 2021.
BlackRock Buyback Spend 2021: $1.49B
BlackRock buyback spend in 2021 was $1.49B.
See more financial history for BlackRock (BLK).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $1.95B | $1.31B | $644.00M | 1.18% | 0.17B | +9.1% | |
| 2024 | $1.93B | $753.00M | $1.18B | 1.21% | 0.15B | +0.6% | |
| 2023 | $1.88B | $630.00M | $1.25B | 1.56% | 0.15B | -1.1% | |
| 2022 | $2.33B | $708.00M | $1.62B | 2.19% | 0.15B | -1.3% | |
| 2021 | $1.49B | $734.00M | $751.00M | 1.06% | 0.15B | -0.3% | |
| 2020 | $1.81B | $622.00M | $1.19B | 1.64% | 0.15B | -1.7% | |
| 2019 | $1.91B | $567.00M | $1.34B | 2.44% | 0.16B | -3.2% | |
| 2018 | $2.09B | $564.00M | $1.52B | 3.33% | 0.16B | -1.5% | |
| 2017 | $1.42B | $542.00M | $879.00M | 1.71% | 0.17B | -1.3% | |
| 2016 | $1.40B | $521.00M | $878.00M | 2.24% | 0.17B | -1.5% | |
| 2015 | $1.33B | $514.00M | $817.00M | 2.35% | 0.17B | -1.2% | |
| 2014 | $1.34B | $453.00M | $891.00M | 2.24% | 0.17B | -1.6% | |
| 2013 | $1.24B | $448.00M | $795.00M | 2.31% | 0.17B | -2.4% | |
| 2012 | $1.65B | $451.00M | $1.19B | 4.62% | 0.18B | -4.9% | |
| 2011 | $2.88B | $497.00M | $2.39B | 9.04% | 0.19B | -2.9% | |
| 2010 | $264.00M | $445.00M | −$181.00M | 0.72% | 0.19B | +38.1% | |
| 2009 | $46.00M | $317.00M | −$271.00M | 0.10% | 0.14B | +6.2% | |
| 2008 | $46.00M | $278.00M | −$232.00M | 0.26% | 0.13B | -0.0% | |
| 2007 | $383.31M | $188.26M | $195.05M | 1.37% | 0.13B | +57.6% | |
| 2006 | $31.00M | $0.00 | $31.00M | 0.16% | 0.08B | +24.6% | |
| 2005 | $77.47M | $0.00 | $77.47M | 1.11% | 0.07B | +1.4% | |
| 2004 | $57.61M | $0.00 | $57.61M | 1.16% | 0.07B | +0.2% | |
| 2003 | $83.42M | $0.00 | $83.42M | 2.46% | 0.07B | +0.8% | |
| 2002 | $12.44M | $0.00 | $12.44M | 0.49% | 0.07B | +0.6% | |
| 2001 | $7.41M | $0.00 | $7.41M | 0.27% | 0.07B | +0.5% | |
| 2000 | $16.00K | $0.00 | $16.00K | — | 0.06B | +12.8% | |
| 1999 | $550.00K | $0.00 | $550.00K | — | 0.06B | +6.7% | |
| 1998 | $200.00K | $0.00 | $200.00K | — | 0.05B | — |
- 2025$1.95B
- 2024$1.93B
- 2023$1.88B
- 2022$2.33B
- 2021$1.49B
- 2020$1.81B
- 2019$1.91B
- 2018$2.09B
- 2017$1.42B
- 2016$1.40B
- 2015$1.33B
- 2014$1.34B
- 2013$1.24B
- 2012$1.65B
- 2011$2.88B
- 2010$264.00M
- 2009$46.00M
- 2008$46.00M
- 2007$383.31M
- 2006$31.00M
- 2005$77.47M
- 2004$57.61M
- 2003$83.42M
- 2002$12.44M
- 2001$7.41M
- 2000$16.00K
- 1999$550.00K
- 1998$200.00K
Buybacks vs stock-based compensation for BlackRock (BLK)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 1.97×.
Buybacks vs dividends (share of cash returned) for BlackRock (BLK)
How BlackRock splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as BlackRock, ranked by their latest buyback spend.
| $34.59B | |
| $24.10B | |
| $19.52B | |
| $13.39B | |
| $12.36B | |
| $11.73B | |
| $5.83B | |
| $0.00 |
- $34.59B
- $24.10B
- $19.52B
- $13.39B
- $12.36B
- $11.73B
- $5.83B
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $82.00M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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