BLACKROCK CDR (CAD HEDGED)

BLACKROCK CDR (CAD HEDGED)

BLK · NEO · Financial Services / Asset Management

31.24CAD+0.12 (+0.39%)

Price History

Full chart

Market Stats

Previous Close31.12
Open31.34
Day Range31.24 – 31.34
52-Week Range23.42 – 31.14
Volume600
Market Cap224.54B
P/E (TTM)25.92
Forward P/E15.38
EPS1.04
Dividend Yield1.92%
Beta1.48
50-Day Avg28.01
200-Day Avg27.76

About

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York, New York with additional offices in A

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. Laurence Douglas Fink
  • Employees24.60K
  • Headquarters50 Hudson Yards, New York, NY, United States, 10001, Canada
  • Websitehttps://www.blackrock.com

Leadership

  • Mr. Laurence Douglas FinkFounder, CEO & Chairman · b. 1952
  • Mr. Robert Steven KapitoPresident & Member of Board of Directors · b. 1956
  • Mr. Martin S. SmallSenior MD, CFO & Global Head of Corporate Strategy · b. 1976
  • Mr. Robert Lawrence GoldsteinSenior MD & COO · b. 1974
  • Mr. J. Richard KushelSenior MD & Head of the Portfolio Management Group · b. 1967
  • Mr. Adebayo O. Ogunlesi J.D.Founding Partner, Chairman & CEO of Global Infrastructure Partners, Senior MD and Director · b. 1954
  • Dr. Bennett W. Golub Ph.D.Co-Founder · b. 1958
  • Mr. Mark McKennaFounder, MD, Global Head of Event Driven Equity Strategies & Portfolio Manager
  • Dr. Jeff Shen Ph.D.MD, Co-CIO & Co-Head of Systematic Active Equity (SAE)
  • Mr. Neeraj SethMD, Chief Investment Officer & Head of Asian credit ? Singapore

Financials

Income Statement

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue19.37B17.87B17.86B20.41B24.22B
Growth (%)--7.75%-0.08%+14.27%+18.67%
Cost of Revenue9.56B9.19B9.28B10.32B12.91B
Gross Profit9.82B8.68B8.58B10.09B11.31B
Gross Margin50.68%48.59%48.05%49.42%46.70%
Operating Expense2.37B2.21B2.24B2.55B3.40B
Operating Income7.45B6.48B6.34B7.54B7.91B
Operating Margin38.45%36.23%35.49%36.94%32.66%
EBITDA-6.92B7.87B9.36B9.36B
EBITDA Margin-38.72%44.09%45.88%38.65%
Net Income5.90B5.18B5.50B6.37B5.55B
Net Income Margin30.46%28.97%30.81%31.21%22.93%
Interest Expense205.00M212.00M292.00M538.00M614.00M
Interest Expense % of Total Revenue1.06%1.19%1.64%2.64%2.54%

Balance Sheet

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets152.65B117.63B123.21B138.62B170.00B
Total Liabilities113.75B78.84B81.97B89.26B108.46B
Total Equity37.69B37.74B39.35B47.49B55.89B
Cash9.32B7.42B8.74B12.76B11.47B
Net Debt----1.30B

Cash Flow

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow4.94B4.96B4.17B4.96B3.93B
Financing Cash Flow-2.29B-5.44B-1.99B2.24B-1.13B
Capital Expenditure341.00M533.00M344.00M255.00M375.00M
Free Cash Flow4.60B4.42B3.82B4.70B3.55B
Dividends Paid2.55B2.99B3.04B3.10B3.35B
FCF to OCF93.10%89.25%91.74%94.85%90.45%
Dividend Paid to FCF55.33%67.60%79.43%65.96%94.23%

Key Statistics & Ratios

Market Cap224.54B
Enterprise Value232.67B
Trailing P/E25.92
Forward P/E15.38
PEG Ratio0.83
Price / Sales9.81
Price / Book2.66
EPS1.04
Book Value492.13
Revenue (TTM)22.88B
Gross Profit (TTM)10.91B
EBITDA9.03B
Profit Margin26.64%
Operating Margin32.14%
Return on Equity12.07%
Return on Assets3.41%
Shares Outstanding7.98B
Shares Float144.04M
Beta1.48
Dividend Yield1.92%
Dividend Rate0.54
Payout Ratio51.73%

Dividends

20263×
0.15Sep 8, 20260.15Jun 5, 20260.15Mar 6, 2026