Asset Turnover (Annual)

Asset Turnover: The amount of sales or revenues generated per dollar of assets. The Asset Turnover ratio is an indicator of the efficiency with which a company is deploying its assets. Calculated as: Total Revenues / Total Assets

BlackRock, Inc. (BLK) had Asset Turnover of 0.14 for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$17.86B
Net Income	$5.50B
Cost of Goods Sold	--
Gross Profit	$17.86B
Operating Expenses	$11.58B
Operating Income	$6.28B
Non-Operating Income/Expense	$880.00M
Pre-Tax Income	$7.16B
Normalized Pre-Tax Income	$7.16B
Income after Taxes	$5.68B
Income from Continuous Operations	$5.68B
Consolidated Net Income/Loss	$5.68B
Normalized Income after Taxes	$5.68B
EBIT	$6.28B
EBITDA	$6.70B
Weighted-Average Shares Outstanding (Basic)	149.30M
Weighted-Average Shares Outstanding (Diluted)	150.70M
Earnings per Share (EPS) (Basic)	$36.85
Earnings per Share (EPS) (Diluted)	$36.51
Balance Sheet Financials
Current Assets	$12.65B
Property, Plant, and Equipment	$1.11B
Long-Term Assets	$109.14B
Total Assets	$123.21B
Current Liabilities	$3.63B
Long-Term Debt	$12.48B
Long-Term Liabilities	$80.08B
Total Liabilities	$83.71B
Common Equity	$39.50B
Tangible Shareholders Equity	$5.72B
Shareholders Equity	$39.50B
Common Shares Outstanding	148.50M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$4.17B
Cash Flow from Investing Activities	$-959.00M
Cash Flow from Financial Activities	$-1.99B
Beginning Cash	$7.43B
End Cash	$8.75B
Increase/Decrease in Cash	$1.32B
Stock-Based Compensation	$630.00M
Common Stock Dividends Paid	$-3.04B
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	3.48
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.24
Debt to Equity Ratio	0.32
Gross Margin	100.00%
Operating Margin	35.14%
EBIT Margin	35.14%
EBITDA Margin	37.53%
Pre-Tax Profit Margin	40.06%
Profit Margin	30.81%
Free Cash Flow	$3.82B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.14
Inventory Turnover	--
Receiveable Turnover	4.56
Days Sales in Receivables	80.03
Return on Equity	14.37%
Return on Tangible Equity	99.27%
Return on Assets	4.61%
Return on Investments	10.92%
Book Value Per Share	$265.99
Free Cash Flow per Share	$25.36
Operating Cash Flow per Share	$27.64

Data from Zacks Investment Research, Inc.