BlackRock Inc. (BLK) 10-K Red Flags
Risk signals extracted deterministically from BlackRock Inc.’s SEC 10-K/10-Q XBRL filings — no LLM, every finding cites the underlying data.
Detected red flags (11)
- Free cash flow deteriorating: FCF declined +24.4% YoY (from $4.70B to $3.55B). With OCF at $3.93B and capex at $375.0M, cash generation capacity is weakening — monitor for dividend/buyback sustainability.
- NEW: Impairment charge: Impairment charge appears in recent filings but not in the prior 24-month period. Monitor for materiality.
- NEW: Restructuring: Restructuring appears in recent filings but not in the prior 24-month period. Monitor for materiality.
- Endogenous analysis: Free cash flow declined despite stable or rising capex, indicating the cash burn is operational rather than investment-driven. This is a structural concern — cost reduction or asset sales may be needed to restore FCF.
- 1 new XBRL disclosure(s) in latest filing — expanding reporting scope.
- 20 disclosure(s) dropped from prior year — reduced reporting granularity.
- 2 new risk-language term(s) detected in filing text: Impairment charge, Restructuring.
- Market cap $178.84B at $1154.35 per share.
- Trailing P/E 32.69, P/S 7.39, P/B 3.10.
- Free cash flow deteriorating: FCF declined +24.4% YoY (from $4.70B to $3.55B). With OCF at $3.93B and capex at $375.0M, cash generation capacity is weakening — monitor for dividend/buyback sustainability.
- NEW: Impairment charge: Impairment charge appears in recent filings but not in the prior 24-month period. Monitor for materiality.
Filings & ownership
- Latest quarterly report (10-Q) filed Aug 6, 2026.
- Recent insider Form 4s: 0 buy vs 3 sell transactions — net selling $22.0M.
- ~10,000+ recent 13F-HR filings reference BlackRock Inc.; broad institutional reporting.
- Recent filers include SSA SWISS ADVISORS AG, SSA SWISS ADVISORS AG, SSA SWISS ADVISORS AG.
- 20 recent 13D activist/beneficial-ownership filings — potential catalyst.
Full BLK analyst report
Valuation (DCF & Graham), technicals, macro exposure, risk scorecard and 13F/13D ownership.
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