Quick answer: latest quarter results, by ticker or company name

Reported Q: Q4 2024 Rev YoY: +16.0% EPS YoY: +14.9% Move: +2.23%

BlackRock Inc

BLK

$1 079.90 2.23%

Exchange NYSE Sector Financial Services Industry Asset Management

Q4 2024

Published: Feb 25, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for BLK

Reported

Report Date

Feb 25, 2025

Quarter Q4 2024

Revenue

5.68B

YoY: +16.0%

EPS

10.64

YoY: +14.9%

Market Move

+2.23%

Previous quarter: Q3 2024

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Earnings Highlights

Revenue of $5.68B up 16% year-over-year
EPS of $10.64 increased by 14.9% from previous year
Gross margin of 49.3%
Net income of 1.67B
""Investors are eager to put capital to work and they want to do it through BlackRock... Our unique position in public and private markets distinguishes us from competitors."" - Laurence D. Fink

BLK

BlackRock Inc

Period Q4 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 10, 2026

Executive Summary

For the fourth quarter of 2024, BlackRock Inc (BLK) reported a remarkable revenue of $5.7 billion, marking a 23% increase year-over-year, primarily driven by an impressive $641 billion in total net inflows for the year. Alongside this, the company's operating income increased by 36% year-over-year to attain $2.3 billion, underscoring the firm’s strong operational performance. Net income reached $1.67 billion, with diluted EPS of $10.64 reflecting a 15% increase compared to the previous year. Key management highlighted the company’s significant advancements in integrating technology and managing substantial assets, now totaling $11.6 trillion. Strategic acquisitions and a focus on client-centric investment solutions position BlackRock strongly for continued growth in 2025.

Key Performance Indicators

Revenue

Increasing

5.68B

QoQ: 5.64% | YoY: 15.95%

Gross Profit

Decreasing

2.80B

49.25% margin

QoQ: -36.63% | YoY: -31.40%

Operating Income

Increasing

2.08B

QoQ: -4.99% | YoY: 8.70%

Net Income

Increasing

1.67B

QoQ: 2.39% | YoY: 21.45%

EPS

Increasing

10.63

QoQ: -3.54% | YoY: 14.92%

Revenue Trend

Margin Analysis

Financial Highlights

Key Financial Metrics
- Revenue: $5.7 billion (YoY: +23%, QoQ: +5.6%)
- Gross Profit: $2.8 billion (Gross Margin: 49.3%)
- Operating Income: $2.3 billion (YoY: +36%, QoQ: -5%)
- Net Income: $1.67 billion (YoY: +21.5%, QoQ: +2.4%)
- EPS (Diluted): $10.64 (YoY: +15%)
- Total Net Inflows: $641 billion, with Q4 inflows at $281 billion, representing a significant milestone in client trust.

Management attributed these results to record inflows in ETF products, notably in digital assets and active strategies. Furthermore, the firm experienced a substantial 7% annualized organic base fee growth in Q4 2024, confirming the resilience of its asset management strategy despite market fluctuations.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	5.68B	15.95%	5.64%
Gross Profit	2.80B	-31.40%	-36.63%
Operating Income	2.08B	8.70%	-4.99%
Net Income	1.67B	21.45%	2.39%
EPS	10.63	14.92%	-3.54%

Key Financial Ratios

Gross Profit Margin

Good

49.30%

Gross profit margin is healthy and competitive within industry standards

Operating Profit Margin

Excellent

36.60%

Operating margin is exceptional, indicating strong pricing power and operational efficiency

Net Profit Margin

Excellent

29.40%

Net profit margin is exceptional, indicating strong pricing power and operational efficiency

Return on Assets

Weak

1.20%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

3.83%

Return on equity suggests inefficient capital allocation

Current Ratio

Strong

16.40

Current ratio indicates excellent liquidity and financial flexibility

Debt to Equity

Moderate

0.33

Debt-to-equity indicates balanced capital structure with manageable debt

P/E Ratio

Fair Value

24.11x

P/E ratio in line with market averages

Price to Book

Premium

3.69x

Trading at premium to book value, reflects strong intangibles or growth

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q4 2024	5,677.00	10.64	+16.0%	View
Q3 2024	5,374.00	10.90	+24.7%	View
Q2 2024	4,976.00	9.99	+11.5%	View
Q1 2024	4,899.00	10.48	+15.5%	View
Q4 2023	4,896.00	9.15	+12.9%	View

BlackRock Inc (BLK) Q4 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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