BlackRock Inc
- BlackRock Inc. gained 1.7% to $1,100.54 after the global investment management company reported a 13% rise in its earnings in the latest quarter.
Consolidated revenue in the quarter increased to $5.4 billion from $4.8 billion, net income jumped to $1.7 billion from $1.5 billion, and diluted earnings per share rose 2% to $10.19 from $9.99 a year ago.
A 13% increase in annual revenue was driven by the positive impact of markets, organic base fee growth, and fees related to the GIP transaction, as well as higher technology services and subscription revenue, partially offset by lower performance fees.
On July 1st, the company completed the purchase of HPS Investment Partners, which added $165 billion in client assets under management and $118 billion in fee-paying assets.
The asset management company's long-term net inflows decreased 9.8% from a year ago to $46 billion in the quarter because of a $52 billion outflow of a lower-fee index fund by the client.
Chairman and CEO Laurence D. Fink said, “Our expanding client relationships are resonating in higher, more diversified organic base fee growth. We generated 6% organic base fee growth for the second quarter and the first half of 2025 and 7% over the last twelve months."
The company's assets under management increased to $12.5 trillion.
Jul 18, 2025 - BlackRock Inc. eased 0.1% to $878.00 after the investment management company reported results for the fiscal first quarter of 2025 ending in March.
Revenue edged up to $5.28 billion from $4.73 billion, net income dropped to $1.51 billion from $1.57 billion, and diluted earnings per share declined to $9.64 from $10.48 a year ago.
Assets under management rose 11% in the quarter to $11.58 trillion from $10.5 trillion a year earlier.
The company repurchased $375 million shares during the quarter and raised its quarterly cash dividend by 2% to $5.21 per share.
Apr 14, 2025 - BlackRock Inc said revenue in the first quarter declined 10% to $4.2 billion and net income dropped 19% to $1.2 billion from $1.14 billion and diluted earnings per share fell to $7.64 from $9.35 a year ago.
Average assets under management decreased 8% to $8.9 trillion from $9.6 trillion and total net assets inflow in the quarter increased to $110.3 billion from $86.4 billion a year ago.
In the quarter, the company repurchased $375 million of its own stock and increased dividend by 2.5% to $5.0 a share.
Apr 14, 2023
| Year | Mar | Jun | Sep | Dec | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 7.64 | 9.06 | 10.66 | 9.15 | - | |
| 2022 | 9.35 | 7.06 | 9.25 | 8.31 | 33.97 | |
| 2021 | 7.77 | 8.92 | 10.89 | 10.63 | 38.22 | |
| 2020 | 5.15 | 7.85 | 8.87 | 10.02 | 31.85 | |
| 2019 | 6.61 | 6.41 | 7.15 | 8.29 | 28.43 | |
| 2018 | 6.68 | 6.62 | 7.54 | 5.74 | 26.58 | |
| 2017 | 5.25 | 5.24 | 5.92 | 6.24 | 22.65 | |
| 2016 | 4.25 | 4.78 | 5.14 | 5.14 | 19.31 | |
| 2015 | 4.89 | 4.96 | 5 | 4.75 | 19.6 | |
| 2014 | 4.40 | 4.72 | 5.37 | 4.76 | 19.25 | |
| 2013 | 3.62 | 4.19 | 4.21 | 4.85 | 16.87 | |
| 2012 | 3.14 | 3.08 | 3.65 | 3.92 | 13.79 | |
| 2011 | 2.89 | 3.21 | 3.23 | 3.04 | 12.37 | |
| 2010 | 2.17 | 2.21 | 2.83 | 3.34 | 10.55 | |
| 2009 | 0.62 | 1.59 | 2.27 | 1.63 | 6.11 | |
| 2008 | 1.77 | 2.00 | 1.59 | 0.42 | 5.78 | |
| 2007 | 1.48 | 1.69 | 1.94 | 2.26 | 7.37 | |
| 2006 | 1.06 | 0.95 | 0.28 | 1.58 | 3.87 | |
| 2005 | 0.70 | 0.80 | 0.92 | 1.08 | 3.5 |