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BlackRock Reports Full Year 2024 Diluted EPS of $42.01, or $43.61 as adjusted; Fourth Quarter 2024 Diluted EPS of $10.63, or $11.93 as adjusted

BlackRock |Jan 15, 2025

New York, January 15, 2025 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three months and year ended December 31, 2024.

  • $11.6 trillion in AUM following a record $641 billion of full year net inflows, including $281 billion in the fourth quarter
  • 14% increase in full year revenue driven by the positive impact of markets on average AUM, organic base fee growth, and fees on AUM acquired in the GIP Transaction, as well as higher performance fees and technology service revenue
  • 21% increase in full year operating income (23% as adjusted)
  • 15% increase in full year diluted EPS also reflects lower nonoperating income and a higher effective tax rate in the current year
  • $4.7 billion returned to shareholders in 2024, including $1.6 billion of share repurchases
  • Previously announced agreement to acquire HPS Investment Partners to create an integrated private credit franchise with approximately $220 billion in pro-forma client assets

 

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BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.