Retail

ETFs

Total Institutional

Cash management

Advisory

Assets Under Management

Revenue segments as reported by the company.

Investment advisory, administration fees and securities lending revenue

Investment advisory performance fees

Technology services revenue

Distribution fees

Advisory and other revenue

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Employee compensation and benefits

Distribution and servicing costs

Direct fund expense

General and administration

Restructuring charge

Amortization of intangible assets

Sub-advisory and other

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Blackrock Inc

BlackRock, Inc. engages in providing investment management, risk management, and advisory services for institutional and retail clients worldwide. Its products include single and multi-asset class portfolios investing in equities, fixed income, alternatives, and money market instruments. The company was founded by Ralph L. Schlosstein, Susan L. Wagner, Robert Steven Kapito, Laurence Douglas Fink, and Barbara G. Novick in 1988 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

BlackRock reports strong 2022 performance, eyes growth in ETFs and fixed income

BlackRock's 2022 performance showcased strong net inflows and strategic investments despite revenue decline. The company's focus on innovation, client returns, and growth areas like Aladdin and ETFs positions them well for the future. Challenges in market environment and expense increases are balanced by opportunities in asset allocation and bond market transformation.

BlackRock reports $4.2B revenue, focuses on tech for growth

BlackRock's Q1 2023 performance showcased strong net inflows and organic growth despite revenue declines and tax rate considerations.
The company's emphasis on technology, fixed income investments, and expansion strategies positions it well for future opportunities.
Challenges include short-term revenue declines, market volatility impacts, and the need for consistent organic growth amidst uncertainties.
Opportunities lie in leveraging market dislocations, expanding into new markets, and capturing assets through active investments and ETFs.

BlackRock reports strong net inflows and growth opportunities in transition investing

BlackRock delivered solid financial performance with strong net inflows and AUM growth, driven by technology capabilities and platform strategy. The firm remains focused on long-term growth, investing in technology, private markets, and expanding product offerings. Transition investing and cash management are highlighted as key growth areas, alongside partnerships for long-term growth.

BlackRock reports robust Q3 earnings, eyes growth through M&A

BlackRock's Q3 2023 performance showcased revenue growth, strong net inflows, and strategic acquisitions, despite challenges with low-fee redemptions and expense management.
The company's strengths lie in active equities, fixed income rebound, and global expansion of the iShares platform, with a focus on driving earnings through M&A.
Opportunities include further fixed income deployment, technology-driven growth, and expanding market share globally, while challenges include cost management and market uncertainties.
Overall, BlackRock's financial performance and strategic initiatives position it well for growth and value creation for clients and investors.

BlackRock acquires GIP, reports strong 2023 performance and growth

BlackRock's 2023 performance was robust, marked by strong financial metrics and strategic acquisitions.
The GIP deal is transformational, positioning BlackRock for growth in infrastructure investments and private markets.
While challenges exist in integration and market dynamics, BlackRock's strengths and opportunities signal a positive outlook for future growth.
Optimism for 2024, coupled with a focus on client needs and evolving markets, underlines BlackRock's strategic direction and growth potential.

BlackRock reports record AUM and strong growth, eyes private markets

BlackRock's Q1 2024 showcased strong financial performance, strategic acquisitions, and a focus on client partnerships. Challenges include inflation noise impacting fixed income and pension fund dynamics. Opportunities abound in private markets growth and leveraging technology for efficiency.

BlackRock reports record AUM and strategic focus on growth

BlackRock's Q2 2024 earnings call showcased strong financial performance, strategic focus on private markets and technology acquisitions, and optimism for future growth. The company's emphasis on technology services revenue growth, client partnerships, and opportunities in private markets and data analytics position BlackRock for continued success. While challenges in integration and market dynamics exist, BlackRock's solid performance and growth outlook are key takeaways.

BlackRock reports record Q3 results, eyes growth in private markets

BlackRock's Q3 2024 Earnings Call highlighted exceptional financial performance, strong growth across key segments, and a focus on client service and unique opportunities. The company remains optimistic about future performance, emphasizing long-term relationships, capital market growth, and opportunities in private markets and digital assets.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Blackrock, Inc. engages in the provision of investment, advisory and risk management solutions. Its products include single-asset and multi-asset portfolios. The company was founded by Laurence Douglas Fink in 1988 and is headquartered in New York, NY.

Benefiting from the rally in broader markets, BlackRock's assets under management reached an all-time high to close out the first quarter. The world's leading asset manager topped the analyst consensus for both revenue and non-GAAP diluted EPS in Q1. BlackRock possesses an AA- credit rating from S&P on a stable outlook.

BlackRock: This Great Dividend Growth Stock Is A Buy Again (Rating Upgrade)

BlackRock, Inc. (NYSE:BLK ) Q1 2024 Earnings Conference Call April 12, 2024 7:30 AM ET Company Participants Chris Meade - General Counsel Laurence Fink - Chairman and Chief Executive Officer Martin Small - Chief Financial Officer Robert Kapito - President Conference Call Participants Craig Siegenthaler - Bank of America Michael Cyprys - Morgan Stanley Kenneth Worthington - JP Morgan Alexander Blostein - Goldman Sachs Group Daniel Fannon - Jefferies William Katz - TD Cowen Brian Bedell - Deutsche Bank Patrick Davitt - Autonomous Research Operator Good morning. My name is Katie, and I will be your conference facilitator today.

BlackRock, Inc. (BLK) Q1 2024 Earnings Call Transcript

The headline numbers for BlackRock (BLK) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, BlackRock (BLK) Q1 Earnings: A Look at Key Metrics

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Wall Street Analysts Think BlackRock (BLK) Is a Good Investment: Is It?

BlackRock Inc (NYSE:BLK) saw its assets under management hit a record $10.5 trillion in the first quarter, up by $1.4 trillion or 15% from the same period last year. The investment firm also saw higher profits, which surged by 36% to $1.57 billion.

BlackRock reports profit surge, record $10.5T in assets under management for Q1

Affiliated Managers

SEI Investments

Higher rates and overall asset inflows will likely aid Zacks Investment Management stocks like BlackRock (BLK), SEI Investments (SEIC) and Affiliated Managers (AMG).

3 Stocks From the Prospering Investment Management Industry

Whatever clients at Wall Street's most prominent investment houses are doing, retail investors can get a glimpse and attempt to follow behind them as long as the reasoning makes sense. This week, investors get an inside look into BlackRock Inc. NYSE: BLK and what this firm is advising its clients to do.

You Can Follow BlackRock's Market View for Your Money

Higher revenues, solid increase in AUM balance and a rise in non-operating income support BlackRock's (BLK) Q1 earnings.

BlackRock (BLK) Beats Q1 Earnings Estimates, Stock Gains

BlackRock (BLK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How BlackRock (BLK) Stock Stands Out in a Strong Industry

BlackRock's (BLK) first-quarter earnings beat analyst expectations, with the stock market rally and investor interest in its new spot bitcoin exchange-traded fund (ETF) helping drive its assets under management (AUM) to a record. BlackRock shares were up about 2.3% an hour before the opening bell Friday.

BlackRock Assets Hit Record $10.47 Trillion as Stock Rally Fuels Q1 Earnings

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Netflix

NVIDIA

Taiwan Semiconductor Manufacturing

Wells Fargo

Amid banking behemoth Goldman Sachs (NYSE: GS) suggesting that trouble was brewing in the stock market as hedge funds in the United States have been selling stocks at the fastest rate in three months and replacing them with short positions, the bearish sentiment is evident in yet another indicator.

Stock market crash inevitable? Insider buying plummets to lowest in decade

BlackRock (BLK) came out with quarterly earnings of $9.81 per share, beating the Zacks Consensus Estimate of $9.42 per share. This compares to earnings of $7.93 per share a year ago.

BlackRock (BLK) Q1 Earnings and Revenues Surpass Estimates

BlackRock reported first-quarter earnings on Friday. Assets under management grew by 15% in 12 months to a record $10.5 trillion.

BlackRock just reported a record $10.5 trillion in assets under management as client cash poured in and markets delivered

BlackRock, Inc., the global investment management corporation, announced its financial results for the first quarter of 2024, showcasing robust performance that surpassed analysts' expectations. The company reported significant milestones across various metrics, reflecting its continued growth momentum and strategic initiatives.

BlackRock earnings: net inflows at $76 billion, AUM hits record high of $10.5 trillion

BlackRock posted a rise in first-quarter profit on Friday, as a rebound in global equity markets bolstered the company's investment advisory and administration fees.

BlackRock's first-quarter profit rises on higher fee income

NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) today released its financial results for the first quarter of 2024. The company's earnings release and supplemental materials are available via ir.blackrock.com/quarterlyresults. Teleconference, Webcast and Presentation Information Chairman and Chief Executive Officer, Laurence D. Fink, President, Robert S. Kapito, and Chief Financial Officer, Martin S. Small, will host a teleconference call for investors and analysts at 7:30 a.m. ET. Membe.

BlackRock Reports First Quarter 2024 Earnings

State Street

Bank stocks fell below support ahead of results. Wells Fargo, BlackRock and JPMorgan lead a wave of financial firms reporting earnings Friday.

Bank Stocks Trade Tight With JPMorgan, Wells Fargo Set To Report

BlackRock (NYSE: BLK) is scheduled to report its fiscal Q1 2024 results on Friday, April 12, 2024. We expect BlackRock BLK to outperform the consensus estimates for revenues and earnings.

Rising 24% In The Last Six Months, How Will BlackRock Stock Trend After 2024 Q1 Results?

NEW YORK--(BUSINESS WIRE)--BlackRock (NYSE: BLK) and Santander today announced that funds and accounts managed by BlackRock will provide financing on a $600 million diversified portfolio of infrastructure credit across communications, energy, power and transportation sectors via a structured transaction. BlackRock's private debt franchise provides differentiated, flexible and scalable financing solutions to a broad network of global financial institutions and corporate relationships. Through th.

BlackRock and Santander Partner on $600 Million Private Infrastructure Financing

BlackRock (NYSE: BLK) stock price has underperformed the market this year even as American equities have jumped to their record highs. The stock has retreated by 3.47% while the S&P 500 and the Nasdaq 100 indices have jumped by almost 10%.

BlackRock (BX) stock price analysis and earnings preview

BlackRock (BLK) is expected to have witnessed AUM growth in the first quarter of 2024, supported by inflows.

Growth in AUM Likely to Support BlackRock's (BLK) Q1 Earnings

Beyond analysts' top -and-bottom-line estimates for BlackRock (BLK), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

Countdown to BlackRock (BLK) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

BlackRock (BLK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

BlackRock (BLK) Reports Next Week: Wall Street Expects Earnings Growth

The proposal from Bluebell Capital to remove the BlackRock CEO as chairman faces long odds.

A Tiny Activist Fund Is Trying to Unseat Larry Fink

A U.S. bank regulator plans to increase scrutiny of large asset managers like BlackRock (BLK), Vanguard and State Street (STT) to ensure that they stick to their passive role when it comes to investments in banks.

News for Blackrock Inc Stock (BLK)