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BlackRock Q4 Earnings Highlights

$BLK


🔹 Revenue: $5.68B (Est. $5.58B) 🟢; UP +23% YoY

🔹 Adj EPS: $11.93 (Est. $11.43) 🟢; UP +23% YoY

🔹 AUM: $11.55T; UP +15% YoY

🔹 Net Inflows: $281.4B (Est. $198.4B) 🟢; UP +194% YoY

🔹 Long-term Net Inflows: $200.7B (Est. $159.9B) 🟢

🔹 Operating Margin: 45.5% (+390 bps YoY)


FY 2024 Performance:

🔹 Revenue: $20.41B; UP +14% YoY

🔹 Adjusted Diluted EPS: $43.61; UP +15% YoY

🔹 Net Income: $6.61B; UP +16% YoY

🔹 Full-Year Net Inflows: $641B; Record High


Segment Performance:

🔹 Retail Revenue: $4.65B; AUM: $1.02T

🔹 ETFs Revenue: $142.6B; AUM: $4.23T

🔹 Institutional Active Revenue: $53.4B; AUM: $5.38T


Investment Style Metrics:

🔹 Active Inflows: $22.83B; AUM: $2.87T

🔹 Index & ETFs Inflows: $177.8B; AUM: $7.76T


Alternatives:

🔹 Private Markets Inflows: $4.73B; AUM: $211.9B

🔹 Liquid Alternatives Inflows: $1.17B


CEO Laurence D. Fink Commentary:

🔸 "Clients entrusted BlackRock with a record $641 billion of net inflows in 2024, including $281 billion in the fourth quarter. Our performance reflects strategic acquisitions and operational excellence, positioning us for sustained growth."

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