BlackRock, Inc. Cash Flow Charts

11 quarters of history · ending 2026-03-31 · SEC EDGAR

Source:10-K · 10-Q

Capital Allocation

How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).

Capital Allocation Waterfall

Buybacks vs Stock-Based Comp

Net Debt Issuance

Cash Flow

Cash Flow by Activity

Operating Cash Flow↑+13.1% +$148M
$-980M
Free Cash Flow↑+10.0% +$120M
$-1.09B
Investing Cash Flow↑+91.6% +$3.06B
$-280M
Financing Cash Flow↑+54.0% +$357M
$-304M
Capex↑+35.9% +$28M
$106M
Acquisitions↓-99.5% -$3.11B
$15M
Stock Buybacks↓-23.7% -$123M
$396M
Dividends Paid↑+6.6% +$50M
$808M
Stock-Based Comp↑+32.4% +$78M
$319M
Debt Issued
$0
Debt Repaid
$0
SBC Allocated Expense↑+32.4% +$78M
$319M
SBC Granted (Grant-Date FV)NEW
$1.90B