BlackRock Inc (BLK, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth prospects. With its shares currently priced at $935.69, BlackRock Inc has experienced a daily gain of 0.74% and an impressive three-month change of 19.8%. A detailed analysis, supported by the GF Score, indicates that BlackRock Inc is poised for significant future growth.
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 93, signaling strong future performance potential.
- Financial strength rank: 6/10
- Profitability rank: 9/10
- Growth rank: 10/10
- GF Value rank: 5/10
- Momentum rank: 8/10
Understanding BlackRock Inc's Business
BlackRock Inc, with a market cap of $138.60 billion and sales of $18.69 billion, is the world's largest asset manager, overseeing $10.646 trillion in assets as of June 2024. The company offers a diverse product mix, with 55% in equity strategies and 26% in fixed income. BlackRock's ETF platform is a leader both domestically and globally. Geographically, it serves clients in over 100 countries, with a significant portion of assets managed for institutional clients outside the US and Canada.
Financial Strength Breakdown
BlackRock Inc's financial robustness is evident in its Financial Strength rating. The company's Interest Coverage ratio stands at an impressive 17.72, highlighting its ability to cover interest obligations comfortably. Furthermore, its strategic debt management is reflected in a Debt-to-Revenue ratio of 0.63, underscoring a solid financial foundation.
Profitability and Growth Metrics
BlackRock Inc excels in profitability, as indicated by its high Profitability Rank. The company's financial health is further affirmed by a strong Piotroski F-Score and a Predictability Rank of 5 stars. In terms of growth, BlackRock Inc has demonstrated a commitment to expansion, with a 3-Year Revenue Growth Rate of 4.2%, outperforming 51.25% of its peers in the asset management industry.
Conclusion
Considering BlackRock Inc's strong financial strength, exceptional profitability, and consistent growth metrics, the GF Score highlights the firm's unparalleled position for potential market outperformance. Investors looking for similar opportunities can 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.
