BlackRock Fixed Asset Turnover from 2010 to 2024

BLK Stock  USD 1,031  4.97  0.48%   
BlackRock Fixed Asset Turnover yearly trend continues to be quite stable with very little volatility. Fixed Asset Turnover may rise above 12.26 this year. From the period between 2010 and 2024, BlackRock, Fixed Asset Turnover regression line of its data series had standard deviation of  6.49 and standard deviation of  6.49. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
7.05053296
Current Value
12.26
Quarterly Volatility
6.4930063
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BlackRock financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BlackRock's main balance sheet or income statement drivers, such as Depreciation And Amortization of 405.6 M, Interest Expense of 306.6 M or Selling General Administrative of 1.5 B, as well as many indicators such as Price To Sales Ratio of 4.18, Dividend Yield of 0.0165 or PTB Ratio of 3.58. BlackRock financial statements analysis is a perfect complement when working with BlackRock Valuation or Volatility modules.
  
Check out the analysis of BlackRock Correlation against competitors.
For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.

Latest BlackRock's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of BlackRock over the last few years. It is BlackRock's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BlackRock's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

BlackRock Fixed Asset Turnover Regression Statistics

Arithmetic Mean17.85
Geometric Mean16.43
Coefficient Of Variation36.37
Mean Deviation5.20
Median19.62
Standard Deviation6.49
Sample Variance42.16
Range20.747
R-Value(0.63)
Mean Square Error27.16
R-Squared0.40
Significance0.01
Slope(0.92)
Total Sum of Squares590.23

BlackRock Fixed Asset Turnover History

2024 12.26
2023 7.05
2022 7.02
2021 8.13
2020 23.8
2019 20.33
2018 22.08

About BlackRock Financial Statements

BlackRock investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how BlackRock Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 7.05  12.26 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether BlackRock is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BlackRock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Blackrock Stock. Highlighted below are key reports to facilitate an investment decision about Blackrock Stock:
Check out the analysis of BlackRock Correlation against competitors.
For more information on how to buy BlackRock Stock please use our How to buy in BlackRock Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlackRock. If investors know BlackRock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlackRock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.023
Dividend Share
5
Earnings Share
40.32
Revenue Per Share
130.415
Quarterly Revenue Growth
0.149
The market value of BlackRock is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock's value that differs from its market value or its book value, called intrinsic value, which is BlackRock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackRock's market value can be influenced by many factors that don't directly affect BlackRock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BlackRock's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackRock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.