🔹 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."