Latest period
$403M
YoY change
+47.1%
5Y CAGR
+14.1%
Peak year (FY2022)
$533M
Cumulative CapEx
$4.37B
CapEx history chart for BlackRock (BLK) from 2016 to 2025
Latest: $375M
CapEx growth chart for BlackRock (BLK) from 2016 to 2025
Latest: +47.1%
CapEx history table for BlackRock (BLK) from 1998 to 2025
| FY2025 | $375M | +47.1% | +$120M | ||
| FY2024 | $255M | -25.9% | -$89M | ||
| FY2023 | $344M | -35.5% | -$189M | ||
| FY2022 | $533M | +56.3% | +$192M | ||
| FY2021 | $341M | +75.8% | +$147M | ||
| FY2020 | $194M | -23.6% | -$60M | ||
| FY2019 | $254M | +24.5% | +$50M | ||
| FY2018 | $204M | +31.6% | +$49M | ||
| FY2017 | $155M | +30.3% | +$36M | ||
| FY2016 | $119M | -46.2% | -$102M | ||
| FY2015 | $221M | +234.8% | +$155M | ||
| FY2014 | $66M | -29.8% | -$28M | ||
| FY2013 | $94M | -37.3% | -$56M | ||
| FY2012 | $150M | -39.3% | -$97M | ||
| FY2011 | $247M | +87.1% | +$115M | ||
| FY2010 | $132M | +97.0% | +$65M | ||
| FY2009 | $67M | -13.0% | -$10M | ||
| FY2008 | $77M | -30.8% | -$34.3M | ||
| FY2007 | $111M | +32.5% | +$27.3M | ||
| FY2006 | $84M | +52.3% | +$28.8M | ||
| FY2005 | $55.2M | +115.5% | +$29.6M | ||
| FY2004 | $25.6M | +90.2% | +$12.1M | ||
| FY2003 | $13.5M | -68.6% | -$29.4M | ||
| FY2002 | $42.8M | +5.8% | +$2.35M | ||
| FY2001 | $40.5M | +23.6% | +$7.72M | ||
| FY2000 | $32.8M | +73.1% | +$13.8M | ||
| FY1999 | $18.9M | +125.3% | +$10.5M | ||
| FY1998 | $8.4M | — | — |
- FY2025$375M+47.1%
- FY2024$255M-25.9%
- FY2023$344M-35.5%
- FY2022$533M+56.3%
- FY2021$341M+75.8%
- FY2020$194M-23.6%
- FY2019$254M+24.5%
- FY2018$204M+31.6%
- FY2017$155M+30.3%
- FY2016$119M-46.2%
- FY2015$221M+234.8%
- FY2014$66M-29.8%
- FY2013$94M-37.3%
- FY2012$150M-39.3%
- FY2011$247M+87.1%
- FY2010$132M+97.0%
- FY2009$67M-13.0%
- FY2008$77M-30.8%
- FY2007$111M+32.5%
- FY2006$84M+52.3%
- FY2005$55.2M+115.5%
- FY2004$25.6M+90.2%
- FY2003$13.5M-68.6%
- FY2002$42.8M+5.8%
- FY2001$40.5M+23.6%
- FY2000$32.8M+73.1%
- FY1999$18.9M+125.3%
- FY1998$8.4M—
CapEx values are taken from BlackRock's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at BlackRock (BLK)
According to BlackRock's latest reported financial statements, the company's current CapEx (TTM) is $403M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
BlackRock (BLK) most recent annual CapEx stands at $375M (2025) – surged 47.1% year-over-year.
Over 2020–2025 (5 years), BlackRock CapEx expanded at a +14.1% compound annual rate, with mixed annual results across the window.
BlackRock CapEx declined from $533M in 2022 to $375M in 2025, a 29.6% drawdown.
The highest annual CapEx of $533M was reported in 2022. The lowest in the available history was $8.4M in 1998.
BlackRock Capital Expenditures by Year
BlackRock Capital Expenditures 2025: $375M
BlackRock posted CapEx of $375M in 2025, surged 47.1% from 2024.
BlackRock Capital Expenditures 2024: $255M
In 2024, BlackRock reported CapEx of $255M, declined 25.9% below 2023.
BlackRock Capital Expenditures 2023: $344M
BlackRock CapEx in 2023 was $344M, plunged 35.5% below 2022.
BlackRock Capital Expenditures 2022: $533M
2022's CapEx for BlackRock came in at $533M, surged 56.3% from 2021. This figure represents the highest annual value in the available history.
BlackRock Capital Expenditures 2021: $341M
BlackRock CapEx in 2021 was $341M.
See more financial history for BlackRock (BLK).
Sector peers by CapEx
Financial Services peers of BlackRock (BLK), ranked by their latest CapEx
| $20.9B | |
| $2.9B | |
| $2.06B | |
| $1.48B | |
| $489M | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $2.9B
- $2.06B
- $1.48B
- $489M
- $0.00
- $0.00
Frequently asked questions
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How this company returns cash to shareholders — buybacks, dividends, and stock splits.