Question 1

What is BlackRock's P/S ratio?

Accepted Answer

BlackRock (BLK) P/S ratio is 6.4× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for BlackRock?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For BlackRock specifically, the relevant sector benchmark is the current sector median of 2.2×.

Question 5

Is BlackRock's P/S ratio high or low?

Accepted Answer

BlackRock's P/S ratio of 6.4× is below its own 5-year average of 6.5× and above the sector median of 2.2×. That places the current reading at the 38th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is BlackRock's historical P/S ratio range?

Accepted Answer

In the available daily series, BlackRock (BLK) P/S ratio has ranged from a low of 2.8× in 2011 to a high of 9.4× in 2009. The 5-year average is 6.5× and the 5-year median is 6.7×.

Question 7

What was BlackRock's P/S ratio in 2025?

Accepted Answer

BlackRock (BLK) P/S ratio at the end of 2025 was 6.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does BlackRock's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$166.01B	$24.22B	6.9×	-0.9×	Dec 31, 2025
2024	$158.89B	$20.41B	7.8×	+1.0×	Dec 31, 2024
2023	$120.71B	$17.86B	6.8×	+0.8×	Dec 31, 2023
2022	$106.32B	$17.87B	5.9×	-1.3×	Dec 31, 2022
2021	$139.56B	$19.37B	7.2×	+0.4×	Dec 31, 2021
2020	$110.49B	$16.20B	6.8×	+1.4×	Dec 31, 2020
2019	$78.33B	$14.54B	5.4×	+1.0×	Dec 31, 2019
2018	$62.65B	$14.20B	4.4×	-1.7×	Dec 31, 2018
2017	$83.18B	$13.60B	6.1×	+0.5×	Dec 31, 2017
2016	$62.45B	$11.15B	5.6×	+0.6×	Dec 31, 2016
2015	$56.69B	$11.40B	5.0×	-0.4×	Dec 31, 2015
2014	$60.02B	$11.08B	5.4×	+0.1×	Dec 31, 2014
2013	$53.70B	$10.18B	5.3×	+1.5×	Dec 31, 2013
2012	$35.60B	$9.34B	3.8×	+0.3×	Dec 31, 2012
2011	$31.91B	$9.08B	3.5×	-0.7×	Dec 31, 2011
2010	$36.55B	$8.61B	4.2×	-5.1×	Dec 31, 2010
2009	$44.04B	$4.70B	9.4×	+5.9×	Dec 31, 2009
2008	$17.47B	$5.06B	3.4×	-2.3×	Dec 31, 2008
2007	$27.95B	$4.84B	5.8×	-3.6×	Dec 31, 2007
2006	$19.57B	$2.10B	9.3×	+3.5×	Dec 31, 2006
2005	$6.95B	$1.19B	5.8×	-1.0×	Dec 31, 2005
2004	$4.97B	$725.31M	6.8×	+1.2×	Dec 31, 2004
2003	$3.39B	$598.21M	5.7×	+1.2×	Dec 31, 2003
2002	$2.56B	$576.98M	4.4×	-0.6×	Dec 31, 2002
2001	$2.70B	$533.14M	5.1×	—	Dec 31, 2001


Brookfield (BN)	1.3×
The Hartford (HIG)	1.3×
Chesapeake Financial Shares (CPKF)	1.3×
American Financial Group (AFG)	1.3×
Progressive (PGR)	1.3×
Markel (MKL)	1.3×
PSB Holdings (PSBQ)	1.3×
Principal Financial Group (PFG)	1.3×
Travelers Companies (TRV)	1.3×
PayPal (PYPL)	1.2×
Loews (L)	1.2×
Synchrony Financial (SYF)	1.2×
Citigroup (C)	1.2×
AXIS Capital Holdings (AXS)	1.1×
RenaissanceRe Holdings (RNR)	1.1×
Old Republic International (ORI)	1.0×
Everest Re Group (RE)	0.9×
Assurant (AIZ)	0.8×
Allstate (ALL)	0.8×
Mercury General (MCY)	0.8×
Ally Financial (ALLY)	0.8×
Everest Re Group (EG)	0.8×
MetLife (MET)	0.6×
Prudential Financial (PRU)	0.5×
StoneX Group (SNEX)	0.0×

P/S Ratio for BlackRock (BLK)

P/S Ratio daily chart for BlackRock (BLK)

Historical P/S Ratio for BlackRock (BLK) from 2001 to 2025

About P/S Ratio at BlackRock (BLK)

BlackRock P/S Ratio by Year

BlackRock P/S Ratio 2025: 6.9×

BlackRock P/S Ratio 2024: 7.8×

BlackRock P/S Ratio 2023: 6.8×

BlackRock P/S Ratio 2022: 5.9×

BlackRock P/S Ratio 2021: 7.2×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

BlackRock (BLK) Key Financials

P/S Ratio daily chart for BlackRock (BLK)

Historical P/S Ratio for BlackRock (BLK) from 2001 to 2025

About P/S Ratio at BlackRock (BLK)

BlackRock P/S Ratio by Year

BlackRock P/S Ratio 2025: 6.9×

BlackRock P/S Ratio 2024: 7.8×

BlackRock P/S Ratio 2023: 6.8×

BlackRock P/S Ratio 2022: 5.9×

BlackRock P/S Ratio 2021: 7.2×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is BlackRock's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for BlackRock?

+Is BlackRock's P/S ratio high or low?

+What is BlackRock's historical P/S ratio range?

+What was BlackRock's P/S ratio in 2025?

+Why does BlackRock's P/S ratio change over time?

BlackRock (BLK) Key Financials