For much of the past decade, we've bemoaned the fortunes of the traditional US-based asset managers, noting that they would face significant secular headwinds (from aging baby boomers to the growth of passive investing) and cyclical headwinds (leading to more-volatile equity and credit markets) that would pressure their top and bottom lines.
BlackRock is the largest asset manager in the world, with $10.646 trillion in AUM at the end of June 2024 and clients in more than 100 countries.
The sheer size and scale of BlackRock's operations could end up being the biggest impediment to the firm's long-term growth.
|
Metric
|
BLK
|
BEN
|
IVZ
|
|---|---|---|---|
Price/Earnings (Normalized) | 23.50 | 7.50 | 11.25 |
Price/Book Value | 3.54 | 0.81 | 0.76 |
Price/Sales | 7.69 | 1.21 | 1.39 |
Price/Cash Flow | 31.86 | 7.61 | 4.84 |
|
Metric
|
BLK
|
BEN
|
IVZ
|
|---|---|---|---|
Quick Ratio | 11.97 | 3.48 | 1.88 |
Current Ratio | 15.76 | 3.48 | 1.88 |
Interest Coverage | 19.44 | 15.08 | −2.26 |
|
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% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| KKR & Co Inc Ordinary Shares
KKR
| Ykvlbmbx | Mbpfzk | $117.3 Bil | |||
| Blackstone Inc
BX
| Rxwmlyfx | Mmpfn | $116.6 Bil | |||
| Ameriprise Financial Inc
AMP
| Xrtdvhb | Jlnbgs | $47.2 Bil | |||
| State Street Corp
STT
| Gzhfjmny | Vdw | $25.7 Bil | |||
| Raymond James Financial Inc
RJF
| Fcljvppz | Wtbnw | $25.5 Bil | |||
| T. Rowe Price Group Inc
TROW
| Mggfckpqd | Xlhdrk | $23.9 Bil | |||
| Northern Trust Corp
NTRS
| Vzjzppjtb | Bhnln | $17.8 Bil | |||
| The Carlyle Group Inc
CG
| Hwcdyql | Rxfgrcw | $15.4 Bil | |||
| Franklin Resources Inc
BEN
| Hlppjptr | Gtmv | $10.4 Bil |
United States