BLK EV/EBITDA: current value, 10-year range and year-by-year history
Cash & Leverage
EV/EBITDA History
Historically priceyAbove avgAround avgBelow avgHistorically cheap
BLK EV/EBITDA by year
Yearly range of BLK’s ev/ebitda from 2016 to 2026. Over the full period it ranged from 8.8 to 21.9, averaging 15.8.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 15.1 | 17.8 | 21.9 | 16.7 |
| 2025 | 16.0 | 19.1 | 21.3 | 20.2 |
| 2024 | 16.2 | 18.2 | 20.8 | 19.8 |
| 2023 | 13.9 | 16.1 | 18.9 | 18.7 |
| 2022 | 11.1 | 13.7 | 18.0 | 14.8 |
| 2021 | 16.7 | 18.6 | 20.0 | 18.0 |
| 2020 | 8.8 | 15.7 | 19.6 | 18.3 |
| 2019 | 10.2 | 12.6 | 14.1 | 13.4 |
| 2018 | 9.6 | 13.7 | 17.3 | 10.6 |
| 2017 | 12.3 | 13.6 | 16.0 | 15.8 |
| 2016 | 11.6 | 12.9 | 13.7 | 13.1 |
Get notified when BLK EV/EBITDA crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
An acquisition-style valuation multiple: Enterprise Value (market cap + net debt) divided by operating earnings before accounting adjustments. Compares companies fairly regardless of their capital structure.
Formula
(Market Cap + Net Debt) / EBITDAHow to read this chart
Unlike P/E, this metric accounts for debt — two companies with identical operations but different leverage will show similar EV/EBITDA. Low vs history suggests the total business is modestly priced.
Key caveats
- EBITDA ignores capital expenditure. For asset-heavy businesses (airlines, mining, utilities), this understates the real cost — use EV/EBIT or EV/FCF instead.
- Large acquisitions temporarily spike net debt and can distort the ratio for 1–2 years during integration.
Pro — up to 30-year history
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.