BlackRock Inc (BLK, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial position. With its shares currently priced at $929.35, despite a slight daily loss of 0.59%, BlackRock Inc has experienced a notable three-month gain of 19.47%. A detailed analysis, supported by the GF Score, indicates that BlackRock Inc is poised for significant growth in the foreseeable future.
What Is the GF Score?
The GF Score is a proprietary stock performance ranking system developed by GuruFocus. It evaluates stocks based on five key aspects of valuation, which have shown a strong correlation with long-term stock performance from 2006 to 2021. Stocks with higher GF Scores typically yield higher returns. The GF Score ranges from 0 to 100, with 100 indicating the highest potential for outperformance. BlackRock Inc boasts a GF Score of 94, signaling significant outperformance potential.
- Financial strength rank: 6/10
- Profitability rank: 9/10
- Growth rank: 10/10
- GF Value rank: 5/10
- Momentum rank: 10/10
Understanding BlackRock Inc's Business
BlackRock Inc, with a market cap of $137.66 billion and annual sales of $18.69 billion, is the world's largest asset manager, boasting $10.646 trillion in assets under management as of June 2024. The company offers a diverse product mix, with a significant portion of its assets in passive strategies. BlackRock serves institutional clients predominantly, with a broad geographic reach that spans over 100 countries.
Financial Strength Breakdown
BlackRock Inc's financial resilience is evident in its Financial Strength rating. An Interest Coverage ratio of 17.72 highlights its capability to meet interest obligations comfortably, supported by a strategic Debt-to-Revenue ratio of 0.63.
Profitability and Growth Metrics
BlackRock Inc's Profitability Rank is impressive, further reinforced by a high Predictability Rank of 5 stars. The company's commitment to growth is evident in its Growth Rank, with a 3-Year Revenue Growth Rate of 4.2%, surpassing over half of its industry peers.
Conclusion
Considering BlackRock Inc's robust financial strength, impressive profitability, and consistent growth metrics, the GF Score highlights the firm's unparalleled position for potential outperformance. For investors seeking similar opportunities, explore more companies with strong GF Scores using the GF Score Screen.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
