$BLK (+0.17%) | BlackRock Q3 '24 Earnings Highlights:

🔹 Adj EPS: $11.46 (Est. $10.40) 🟢 

🔹 Revenue: $5.2B (Est. $5.00B) 🟢; UP +15% YoY 

🔹 AUM: $11.48T (Est. $11.19T) 🟢; UP +26% YoY 

🔹 Net Inflows: $221.18B (Est. $127.2B) 🟢; representing 8% annualized organic asset growth

Segment Highlights:

By Investment Type: 

🔹 Equity: $6.28T; UP +55% of total AUM 

🔹 Fixed Income: $3.02T; accounts for 26% of total AUM 

🔹 Multi-Asset: $1.00T; comprising 9% of total AUM 

🔹 Alternatives: $319.77B; includes:

Illiquid Alternatives: $141.41B

Liquid Alternatives: $75.99B

By Client Type: 

🔹 Retail: $1.04T; Net Flows: $6.86B 

🔹 ETFs: $4.19T; Net Flows: $97.41B 

🔹 Institutional Active: $2.11T; Net Flows: $26.70B 

🔹 Institutional Index: $3.29T; Net Flows: $29.21B

Geographical Breakdown: 

🔸 Americas: $111B in Net Flows 

🔸 EMEA: $20B in Net Flows 

🔸 APAC: $29B in Net Flows

Operational Metrics: 

🔹 Operating Income: $2.13B (UP +26% YoY) 

🔹 Operating Margin: 45.8% (Prev. 42.3%) 🟢 

🔹 Technology Services Annual Contract Value (ACV): UP +15% YoY 

🔹 Share Repurchases: $375M in Q3