BLKBlackRock

Financials · Brokers & Investment Banks · NYSE

BlackRock, Inc. (together, with its subsidiaries, unless the context otherwise indicates, “BlackRock” or the “Company”) is a leading publicly traded investment management firm with $14.0 trillion of assets under management (“AUM”) at December 31, 2025. 10-K, Item 1

Headquarters: New York, NY
CEO: Laurence Fink
Next results: around Jan 14, 2027

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Dilution: new shares, stock pay and buybacks

prospectuses (S-3, 424B) of the last three years and the 10-K cash flow From EDGAR

Shares offered

Since Nov 11, 2023: no share offering; also 3 notes offerings, 2 resales by holders.

Every offering filing →

Paid in stock

$1.3B

stock-based pay, year to Dec 31, 2025; shares sold for $167.0M in cash

Bought back

no buyback line in the 10-K XBRL, year to Dec 31, 2025

Diluted shares: 160.87M in the year to Dec 31, 2025 2025 +6.1%2024 +0.6%2023 -1.1%

Change in the diluted weighted average share count from the fiscal year before, stock splits taken out. Bars use one scale for stock pay and buybacks. Prospectuses are read from their cover page; preliminary ones are left out. Cash & buybacks, year by year → · How

No cash flow chart for banks and insurers: their operating cash flow moves with loans, deposits and trading, so it says little about how cash was spent.

Buybacks, year to Dec 31, 2025

cash paid for its own shares

Paid in stock to employees

$1.3B

stock-based compensation

Share count, 1 year

+6.1%

more shares: owners are diluted

Share count, 3 years

+5.5%

diluted average shares

Fiscal year to	Buybacks	Dividends	Stock pay	Shares issued for cash	Diluted shares
2025-12-31	-	-	$1.3B	$167.0M	160.87M
2024-12-31	$1.9B	$3.1B	$753.0M	$464.0M	151.62M
2023-12-31	$1.9B	$3.0B	$630.0M	$95.0M	150.71M
2022-12-31	$2.3B	$3.0B	$708.0M	$11.0M	152.44M

From the XBRL of the 10-Ks (cash flow statement and diluted weighted average shares); each year as reported in the latest 10-K that includes it. Concepts: sbc = ShareBasedCompensation; issuance = ProceedsFromStockOptionsExercised; diluted_shares = WeightedAverageNumberOfDilutedSharesOutstanding.

Work on BLK in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/BLK/export.csv") into a cell.