$BLK (+0,07 %) | 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