# BlackRock (BLK.US)

Canonical: https://gigainvestors.com/s/BLK

Analysis as of: 2026-10-16T07:26:59.099Z. Financial observations: FY1998–FY2026.

Listing currency: USD. Reporting currency: USD.

## Verdict

Not a wonderful business

Quality tests for Buy: not passed (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: $1,120.78 per share; close as of 2026-10-15.

Estimated value: low $1,143.30 per share, central $1,428.16 per share, high $1,643.76 per share. Buy at or below the central value $1,428.16 per share. Valuation as of 2026-10-16T07:26:59.099Z; scenarios are not confidence intervals.

Expected annual return: 12.2% at the stated quote. About 12.2% a year at today's price (required return 10.0%). required return 10.0% a year (10% floor; US 10-year bond 5.1% + 4 points).

## Checklist

### understandable: pass

- 3 revenue declines in the last 10 years (informational)

- Financial history: 10 years

- Years with declining revenue: 3

- Years with a net loss: 0

- Operating margin variation: 0.27×

Chart: Operating margin; fiscal year observations.

- FY2017: 0.39×

- FY2018: 0.38×

- FY2019: 0.38×

- FY2020: 0.35×

- FY2021: 0.62×

- FY2022: 0.58×

- FY2023: 0.57×

- FY2024: 0.37×

- FY2025: 0.29×

- LTM to Jun 2026: 0.31×

### moat: fail

- Recent gross margin fell 4.0pp below the typical margin (limit 4pp)

- ROIC, median of available years: 23.4%

- ROIC, second-lowest year: 22.5%

- Typical minus recent gross margin: 4.0 pp

- Typical gross margin (annual median): 50.8%

- Recent gross margin (lower of latest and 3-year median): 46.8%

- Years with nonpositive capital: 0

- Capital spending / revenue: 1.6%

- ROIC including acquisitions, ten-year median: 13.7%

Chart: ROIC excluding acquisitions; fiscal year observations.

- FY2017: 30.1%

- FY2018: 23.8%

- FY2019: 22.5%

- FY2020: 23.0%

- FY2021: 25.3%

- FY2022: 22.9%

- FY2023: 21.7%

- FY2024: 28.1%

- FY2025: 25.7%

- LTM to Mar 2026: 22.5%

### economics: pass

- Owner earnings / net income, 5-yr: 1.04×

- Cash conversion uses consolidated totals: No

- Owner earnings, five-year total: $30B

- Net income, five-year total: $29B

- Return on incremental invested capital: 24.2%

- Working capital / revenue, annual change: -7.7 pp

- Working capital / revenue, change between three-year averages: -61.6 pp

- Working capital / revenue, final three-year average: 30.0%

Chart: Annual owner cash / profit; fiscal year observations.

- FY2021: 1.01×

- FY2022: 0.98×

- FY2023: 1.02×

- FY2024: 1.04×

- FY2025: 1.14×

### management: pass

- Historical market-dollar context (not the management verdict): 2016 to 2025 (9 years)

- potential debt-funded buybacks (informational)

- buybacks leaned toward cheaper years (informational)

- ROIC first 3 years vs last 3 years: 23.8% vs 25.7%

- Per-share earnings: 19.79 to 36.51 (three-year endpoint medians)

- Management verdict uses per-share economic progress: Yes

- Ordinary dilution, 10-year annual growth: -0.5%

- Ordinary dilution, 5-year annual growth: 0.8%

- Market cap gain: $111B

- Cumulative retained earnings: $24B

- Diluted shares, 10-year annual growth: -0.5%

- Diluted shares, 5-year annual growth: 0.8%

- $1 test, starting fiscal year: FY2016

- $1 test, ending fiscal year: FY2025

- Per-share value growth: 8.0%

- Per-share value change: $16.72

- Per-share value, starting three-year median: $19.79

- Per-share value, ending three-year median: $36.51

- Buybacks concentrated in cheaper years (correlation): 0.88

- Average buyback yield: 1.9%

- Buyback history: 10 years

- Debt-funded buybacks: Yes

- Acquisition spending: $33B

- Cumulative net income, 10 years: $50B

- ROIC, first three-year median: 23.8%

- ROIC, last three-year median: 25.7%

Chart: Earnings per share; fiscal year observations.

- FY2016: $19.04

- FY2017: $30.12

- FY2018: $26.58

- FY2019: $28.43

- FY2020: $31.85

- FY2021: $38.22

- FY2022: $33.97

- FY2023: $36.51

- FY2024: $42.01

- FY2025: $34.51

### accounting: pass

- stock compensation exceeds 15% of operating cash flow

- Sloan accruals: 1.0%

- Receivables to sales index (DSRI): 0.98×

- Restructuring years, last five: 2

- Stock compensation / operating cash flow: 33.3%

- Earnings backed by cash: Yes

- Operating cash / earnings: 0.71×

- Accounting red flags: 1

- Goodwill and intangibles / equity: 1.13×

Chart: Sloan accruals; fiscal year observations.

- FY2016: 0.5%

- FY2017: 0.5%

- FY2018: 0.8%

- FY2019: 0.9%

- FY2020: 0.7%

- FY2021: 0.6%

- FY2022: 0.2%

- FY2023: 1.1%

- FY2024: 1.0%

- FY2025: 1.0%

## Holders

- [David Hoeft](https://gigainvestors.com/DAC): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Bill Nygren](https://gigainvestors.com/HA): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Mark Hillman](https://gigainvestors.com/HCM): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Thomas Gayner](https://gigainvestors.com/MKL): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Jeffrey Ubben](https://gigainvestors.com/VA): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [William Von Mueffling](https://gigainvestors.com/cc): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Price needs cash profits to grow 0.5% a year for ten years · sales +12.7%

Story as of 2026-10-16T09:58:24.657Z; price observation 2026-10-15.

Price needs cash profits to grow 0.5% a year for ten years

- 2025-07-16: BlackRock Stock Wipes Out Gains on Heavy Outflow and Acquisition Charges ([finance.yahoo.com](https://finance.yahoo.com/news/blackrock-stock-wipes-gains-heavy-125505205.html))

- 2026-01-31: BlackRock Private Credit Write Down Puts Valuations And Dividend Risks In Focus ([finance.yahoo.com](https://finance.yahoo.com/news/blackrock-private-credit-write-down-200929197.html))

- 2026-03-06: BlackRock Stock Sinks After It Caps Withdrawals From Private Credit Fund ([finance.yahoo.com](https://finance.yahoo.com/m/65603340-6597-3703-a672-f0316fe291ad/blackrock-stock-sinks-after.html))

- 2026-04-14: BlackRock shares gain as quarterly earnings, revenue top estimates ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/blackrock-shares-gain-quarterly-earnings-104325976.html))

- 2026-07-15: BlackRock rises after Q2 earnings top estimates as AUM hits $15.3 trillion ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/blackrock-rises-q2-earnings-top-104225407.html))

- 2026-09-29: Update: Market Chatter: BlackRock, Vanguard Face Fee Pressure as European Banks Launch Own ETFs ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/market-chatter-blackrock-vanguard-face-145530735.html))

### Sales · FY2025–2026

sales +12.7%; source https://www.sec.gov/Archives/edgar/data/1364742/000095017024019271/blk-20231231.htm; observed 2024-02-23.

- FY2017: $14B 

- FY2018: $14B 

- FY2019: $15B 

- FY2020: $16B 

- FY2021: $12B 

- FY2022: $11B 

- FY2023: $11B 

- FY2024: $20B 

- FY2025: $24B 

- FY2026: $27B 

### Gross margin · FY2026

gross margin 46.8%; source https://www.sec.gov/Archives/edgar/data/1364742/000095017024019271/blk-20231231.htm; observed 2024-02-23.

- FY2017: 49.9% 

- FY2018: 50.7% 

- FY2019: 50.9% 

- FY2020: 51.0% 

- FY2021: 81.7% 

- FY2022: 78.5% 

- FY2023: 77.9% 

- FY2024: 49.4% 

- FY2025: 46.7% 

- FY2026: 46.8% 

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in asset management; annual sales are USD 24.2 billion.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2024-02-23); FY2025: revenue 24216000000; grossProfit 11310000000; margin = grossProfit / revenue.

### Why customers stay

Margins ranged from 46.7% to 77.9% during 2023–25; it earns 23.4% on its capital.

- Source: https://www.sec.gov/Archives/edgar/data/1364742/000095017024019271/blk-20231231.htm (filed 2024-02-23); FY2023: grossProfit / revenue = 77.9%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2024-02-23); FY2024: grossProfit / revenue = 49.4%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2024-02-23); FY2025: grossProfit / revenue = 46.7%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2024-02-23); 10-year return on capital observations [[2017,0.30109077581220295],[2018,0.23802792541631188],[2019,0.22537636494416627],[2020,0.22977351717553374],[2021,0.2532163331610633],[2022,0.2289196691412037],[2023,0.21720497268266425],[2024,0.2806957493778846],[2025,0.25734548315158606],[2026,0.22539653884641372]]; median 0.23390072129592282. ROIC follows the displayed moat series; financial companies use return on tangible equity.

### Where the cash goes

Paid dividends in 10 of 10 years; bought back USD 2 billion of shares.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2024-02-23); FY2016: growth capex 0; upkeep 119000000; cash acquisitions 30000000; owner earnings 3316000000. Growth capex plus acquisitions / owner earnings = 0.009047044632086852.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2024-02-23); FY2017: growth capex 0; upkeep 155000000; cash acquisitions 102000000; owner earnings 5037000000. Growth capex plus acquisitions / owner earnings = 0.02025014889815366.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2024-02-23); FY2018: growth capex 0; upkeep 204000000; cash acquisitions 699000000; owner earnings 4321000000. Growth capex plus acquisitions / owner earnings = 0.1617681092339736.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2024-02-23); FY2019: growth capex 0; upkeep 254000000; cash acquisitions 1510000000; owner earnings 4518000000. Growth capex plus acquisitions / owner earnings = 0.33421868083222667.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2024-02-23); FY2020: growth capex 0; upkeep 194000000; cash acquisitions 0; owner earnings 5096000000. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2024-02-23); FY2021: growth capex 0; upkeep 341000000; cash acquisitions 1106000000; owner earnings 5975000000. Growth capex plus acquisitions / owner earnings = 0.18510460251046026.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2024-02-23); FY2022: growth capex 0; upkeep 533000000; cash acquisitions 0; owner earnings 5063000000. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://www.sec.gov/Archives/edgar/data/1364742/000095017024019271/blk-20231231.htm (filed 2024-02-23); FY2023: growth capex 0; upkeep 344000000; cash acquisitions 189000000; owner earnings 5585000000. Growth capex plus acquisitions / owner earnings = 0.03384064458370636.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2024-02-23); FY2024: growth capex 0; upkeep 255000000; owner earnings 6643000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2024-02-23); FY2025: growth capex 0; upkeep 375000000; owner earnings 6304000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2024-02-23); Dividend observations: [[2016,1545000000],[2017,1662000000],[2018,1968000000],[2019,2096000000],[2020,2260000000],[2021,2547000000],[2022,2990000000],[2023,3035000000],[2024,3101000000],[2025,3347000000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2024-02-23); FY2025: cash repurchases 1951000000 USD.

### Are managers owners

Insiders own 1.9% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); BLK.US SharesStats.PercentInsiders = 1.916 percentage points; cache date 2026-10-16.

### What could break it

"Poor investment performance could lead to the loss of clients" (SEC filing, Feb 2024)

- Source: https://www.sec.gov/Archives/edgar/data/1364742/000095017024019271/blk-20231231.htm (filed 2024-02-23); Poor investment performance could lead to the loss of clients

### What the price says

The price assumes cash profits grow 0.5% yearly over ten years; actual growth was 6.8%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2024-02-23); Ten-year compound average after fade. Initial solved rate -0.0061534221870316475. Price 1120.78; FX 1; discount 0.1; same standard ten-year fade to terminal 0.03. FY2015 owner earnings/share 20.226153000311392 → FY2025 39.179614667495336. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2016-10: $341.24 per share

- 2016-11: $370.79 per share

- 2016-12: $380.54 per share

- 2017-01: $373.98 per share

- 2017-02: $387.46 per share

- 2017-03: $383.51 per share

- 2017-04: $384.57 per share

- 2017-05: $409.24 per share

- 2017-06: $422.41 per share

- 2017-07: $426.53 per share

- 2017-08: $419.01 per share

- 2017-09: $447.09 per share

- 2017-10: $470.83 per share

- 2017-11: $501.19 per share

- 2017-12: $513.71 per share

- 2018-01: $561.80 per share

- 2018-02: $549.43 per share

- 2018-03: $541.72 per share

- 2018-04: $521.50 per share

- 2018-05: $534.23 per share

- 2018-06: $499.04 per share

- 2018-07: $502.76 per share

- 2018-08: $479.06 per share

- 2018-09: $471.33 per share

- 2018-10: $411.42 per share

- 2018-11: $428.01 per share

- 2018-12: $392.82 per share

- 2019-01: $415.08 per share

- 2019-02: $443.22 per share

- 2019-03: $427.37 per share

- 2019-04: $485.24 per share

- 2019-05: $415.56 per share

- 2019-06: $469.30 per share

- 2019-07: $467.68 per share

- 2019-08: $422.56 per share

- 2019-09: $445.64 per share

- 2019-10: $461.70 per share

- 2019-11: $494.91 per share

- 2019-12: $502.70 per share

- 2020-01: $527.35 per share

- 2020-02: $463.01 per share

- 2020-03: $439.97 per share

- 2020-04: $502.04 per share

- 2020-05: $528.64 per share

- 2020-06: $544.09 per share

- 2020-07: $575.01 per share

- 2020-08: $594.19 per share

- 2020-09: $563.55 per share

- 2020-10: $599.21 per share

- 2020-11: $698.35 per share

- 2020-12: $721.54 per share

- 2021-01: $701.26 per share

- 2021-02: $694.50 per share

- 2021-03: $753.96 per share

- 2021-04: $819.30 per share

- 2021-05: $877.04 per share

- 2021-06: $874.97 per share

- 2021-07: $867.17 per share

- 2021-08: $943.29 per share

- 2021-09: $838.66 per share

- 2021-10: $943.46 per share

- 2021-11: $904.61 per share

- 2021-12: $915.56 per share

- 2022-01: $822.94 per share

- 2022-02: $743.89 per share

- 2022-03: $764.17 per share

- 2022-04: $624.68 per share

- 2022-05: $669.08 per share

- 2022-06: $609.04 per share

- 2022-07: $669.18 per share

- 2022-08: $666.39 per share

- 2022-09: $550.28 per share

- 2022-10: $645.91 per share

- 2022-11: $716.00 per share

- 2022-12: $708.63 per share

- 2023-01: $759.21 per share

- 2023-02: $689.43 per share

- 2023-03: $669.12 per share

- 2023-04: $671.20 per share

- 2023-05: $657.55 per share

- 2023-06: $691.14 per share

- 2023-07: $738.85 per share

- 2023-08: $700.54 per share

- 2023-09: $646.49 per share

- 2023-10: $612.28 per share

- 2023-11: $751.23 per share

- 2023-12: $811.80 per share

- 2024-01: $774.31 per share

- 2024-02: $811.34 per share

- 2024-03: $833.70 per share

- 2024-04: $754.64 per share

- 2024-05: $772.03 per share

- 2024-06: $787.32 per share

- 2024-07: $876.50 per share

- 2024-08: $901.81 per share

- 2024-09: $949.51 per share

- 2024-10: $981.03 per share

- 2024-11: $1,022.80 per share

- 2024-12: $1,025.11 per share

- 2025-01: $1,075.50 per share

- 2025-02: $977.78 per share

- 2025-03: $946.48 per share

- 2025-04: $914.26 per share

- 2025-05: $979.89 per share

- 2025-06: $1,049.25 per share

- 2025-07: $1,106.01 per share

- 2025-08: $1,127.14 per share

- 2025-09: $1,165.87 per share

- 2025-10: $1,082.81 per share

- 2025-11: $1,047.30 per share

- 2025-12: $1,070.34 per share

- 2026-01: $1,118.94 per share

- 2026-02: $1,063.23 per share

- 2026-03: $961.71 per share

- 2026-04: $1,065.60 per share

- 2026-05: $1,046.88 per share

- 2026-06: $961.56 per share

- 2026-07: $1,090.39 per share

- 2026-08: $1,155.61 per share

- 2026-09: $1,058.29 per share

- 2026-10: $1,066.12 per share

## Annual estimated value (USD per share)

- FY2016: low $276.86 per share, central $310.12 per share, high $354.41 per share

- FY2017: low $319.05 per share, central $357.37 per share, high $408.37 per share

- FY2018: low $398.92 per share, central $550.35 per share, high $639.63 per share

- FY2019: low $410.86 per share, central $574.57 per share, high $669.90 per share

- FY2020: low $485.99 per share, central $656.80 per share, high $761.36 per share

- FY2021: low $326.25 per share, central $363.12 per share, high $412.21 per share

- FY2022: low $305.33 per share, central $339.72 per share, high $385.50 per share

- FY2023: low $434.50 per share, central $484.90 per share, high $552.00 per share

- FY2024: low $766.99 per share, central $859.85 per share, high $983.46 per share

- FY2025: low $932.49 per share, central $1,175.72 per share, high $1,359.80 per share

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

Prior published observations retained from 2026-10-15T06:32:38.351Z where newer inputs omit a numeric field or fiscal period.

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1364742/000095017024019271/blk-20231231.htm); period 2023-12-31, filed 2024-02-23.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [David Hoeft](https://gigainvestors.com/DAC): 711 BLK shares; USD 684,000 reported position value; 0% of portfolio; hold; quarter 2026 Q2.
- [Bill Nygren](https://gigainvestors.com/HA): 44,575 BLK shares; USD 42,862,000 reported position value; 0.06% of portfolio; reduce; quarter 2026 Q2.
- [Mark Hillman](https://gigainvestors.com/HCM): 343 BLK shares; USD 330,000 reported position value; 0.24% of portfolio; reduce; quarter 2026 Q2.
- [Thomas Gayner](https://gigainvestors.com/MKL): 220,200 BLK shares; USD 211,736,000 reported position value; 1.61% of portfolio; hold; quarter 2026 Q2.
- [Jeffrey Ubben](https://gigainvestors.com/VA): 581,700 BLK shares; USD 559,339,000 reported position value; 9.93% of portfolio; add; quarter 2026 Q2.
- [William Von Mueffling](https://gigainvestors.com/cc): 20,873 BLK shares; USD 20,071,000 reported position value; 3.02% of portfolio; reduce; quarter 2026 Q2.

# BLK — BlackRock Inc.

Held by 6 investors · USD 835,022,000 total · 2026 Q2 · reported price USD 961.58 (split-adjusted).
Page: https://gigainvestors.com/s/BLK

## Holders (2026 Q2)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| Jeffrey Ubben (https://gigainvestors.com/VA) | USD 559,339,000 | 9.9% | add +6.52% |
| Thomas Gayner (https://gigainvestors.com/MKL) | USD 211,736,000 | 1.6% | hold |
| Bill Nygren (https://gigainvestors.com/HA) | USD 42,862,000 | 0.1% | reduce -18.29% |
| William Von Mueffling (https://gigainvestors.com/cc) | USD 20,071,000 | 3.0% | reduce -95.4% |
| David Hoeft (https://gigainvestors.com/DAC) | USD 684,000 | 0.0% | hold |
| Mark Hillman (https://gigainvestors.com/HCM) | USD 330,000 | 0.2% | reduce -1.15% |

## Total held by quarter

- 2013 Q2: USD 2,336,971 · 1 holder · USD 256.81
- 2013 Q3: USD 9,011,979 · 1 holder · USD 270.63
- 2013 Q4: USD 18,797,724 · 1 holder · USD 316.46
- 2014 Q1: USD 23,272,260 · 1 holder · USD 314.49
- 2014 Q2: USD 28,444,400 · 1 holder · USD 319.60
- 2014 Q3: USD 33,816,960 · 1 holder · USD 328.32
- 2014 Q4: USD 41,476,960 · 1 holder · USD 357.56
- 2015 Q1: USD 47,193,360 · 1 holder · USD 365.84
- 2015 Q2: USD 48,437,200 · 1 holder · USD 345.98
- 2015 Q3: USD 45,215,440 · 1 holder · USD 297.47
- 2015 Q4: USD 51,759,040 · 1 holder · USD 340.52
- 2016 Q1: USD 51,766,640 · 1 holder · USD 340.57
- 2016 Q2: USD 52,920,885 · 1 holder · USD 342.53
- 2016 Q3: USD 56,362,530 · 1 holder · USD 362.46
- 2016 Q4: USD 61,457,210 · 1 holder · USD 380.54
- 2017 Q1: USD 64,621,435 · 1 holder · USD 383.51
- 2017 Q2: USD 73,921,750 · 1 holder · USD 422.41
- 2017 Q3: USD 80,476,200 · 1 holder · USD 447.09
- 2017 Q4: USD 92,467,800 · 1 holder · USD 513.71
- 2018 Q1: USD 101,626,672 · 1 holder · USD 541.72
- 2018 Q2: USD 95,765,776 · 1 holder · USD 499.04
- 2018 Q3: USD 92,145,015 · 1 holder · USD 471.33
- 2018 Q4: USD 76,874,874 · 1 holder · USD 392.82
- 2019 Q1: USD 88,337,379 · 1 holder · USD 427.37
- 2019 Q2: USD 99,867,040 · 1 holder · USD 469.30
- 2019 Q3: USD 96,793,008 · 1 holder · USD 445.64
- 2019 Q4: USD 110,594,000 · 1 holder · USD 502.70
- 2020 Q1: USD 96,881,394 · 1 holder · USD 439.97
- 2020 Q2: USD 119,808,618 · 1 holder · USD 544.09
- 2020 Q3: USD 124,093,710 · 1 holder · USD 563.55
- 2020 Q4: USD 158,883,108 · 1 holder · USD 721.54
- 2021 Q1: USD 166,021,992 · 1 holder · USD 753.96
- 2021 Q2: USD 192,668,394 · 1 holder · USD 874.97
- 2021 Q3: USD 184,672,932 · 1 holder · USD 838.66
- 2021 Q4: USD 295,263,522 · 2 holders · USD 915.56
- 2022 Q1: USD 343,478,367 · 2 holders · USD 764.17
- 2022 Q2: USD 360,601,012 · 2 holders · USD 609.04
- 2022 Q3: USD 355,419,799 · 2 holders · USD 550.28
- 2022 Q4: USD 466,170,828 · 2 holders · USD 708.63
- 2023 Q1: USD 436,651,653 · 2 holders · USD 669.12
- 2023 Q2: USD 497,327,757 · 2 holders · USD 691.14
- 2023 Q3: USD 466,701,777 · 2 holders · USD 646.49
- 2023 Q4: USD 575,829,223 · 2 holders · USD 811.80
- 2024 Q1: USD 1,193,506,991 · 5 holders · USD 833.70
- 2024 Q2: USD 1,149,408,208 · 5 holders · USD 787.32
- 2024 Q3: USD 673,818,687 · 3 holders · USD 949.51
- 2024 Q4: USD 956,125,076 · 5 holders · USD 1025.11
- 2025 Q1: USD 869,045,094 · 5 holders · USD 946.48
- 2025 Q2: USD 1,251,823,313 · 6 holders · USD 1049.25
- 2025 Q3: USD 1,653,561,289 · 8 holders · USD 1166.16
- 2025 Q4: USD 1,589,555,781 · 7 holders · USD 1070.34
- 2026 Q1: USD 1,226,368,298 · 6 holders · USD 961.71
- 2026 Q2: USD 835,022,000 · 6 holders · USD 961.58