BlackRock Inc
BLK
ISIN US09290D1019 / Valor 138405792
BlackRock Inc
UMushroom community rating:
About company
BlackRock Inc, known by its Valor number 138405792, is a publicly traded company. The stock of the company is available through the stock provider New York Stock Exchange, Inc. As of 26.12.2024, the current price of the stock is USD 1054.28. The latest price change for this stock is -0.05%, which reflects the market’s response to various factors such as company performance, industry trends, and global economic conditions. The company has been evaluated by users of Umushroom, and has received a rating of 0 stars.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (17.12.2024):
EPS Performance
In the third quarter of 2024, BlackRock Inc. reported a diluted earnings per share (EPS) of $10.90, or $11.46 when adjusted. This represents a 2% increase in diluted EPS year-over-year, and a 5% increase when adjusted, reflecting a higher effective tax rate in the current quarter.
Revenue Growth
BlackRock Inc. achieved a 15% increase in revenue year-over-year for the third quarter of 2024. This growth was driven by the positive impact of markets on average assets under management (AUM), organic base fee growth, and higher performance fees.
Net Inflows
During the third quarter of 2024, BlackRock Inc. experienced record quarterly total net inflows of $221 billion. This represents an 8% annualized organic asset growth, with positive inflows across client types, product types, active and index strategies, and regions.
Assets Under Management
BlackRock Inc.'s assets under management (AUM) reached a new high of $11.5 trillion at the end of the third quarter of 2024. This marks an increase of $2.4 trillion year-over-year, driven by $456 billion of net inflows and positive market movements.
Operating Income and Margin
For the third quarter of 2024, BlackRock Inc. reported a 23% increase in operating income year-over-year, or 26% when adjusted. The company's operating margin also improved, reaching 45.8%, up 350 basis points from the previous year.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
163286 M
Market cap (USD)
101,941
Daily traded volume (Shares)
1056.65 / 1045
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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