The total revenue of BlackRock increased each year during the period from 2013 to 2019. Quarterly Revenue ($) Q1, 2018 Q2, 2018 Q3, 2018 Q1, 2019 Q2, 2019 Q3, 2019 Q1, 2020 Q2, 2020 $0 $20 b $40 b Report incorrect company information This led to an increase in the EPS figure from $26.86 to $28.69. BlackRock, the largest asset manager in the world, on Monday reported second-quarter earnings and revenue that surpassed analyst expectations. As a fiduciary to their clients, they provide the investment and technology solutions they need when planning for their most important goals. Find out the revenue, expenses and profit or loss over the last fiscal year. — Editor's note: This story was updated after Refinitiv revised its projection for BlackRock revenues after the company reported its financial results. FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York U.S., July 16, 2018. In Q2 FY 2020, adjusted EPS rose 22.3% compared to the year-ago quarter. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Earnings for the asset manager fell nearly 60 percent to $927 million. Total expense over the period at BlackRock increased 1% compared to last year, driven by higher compensation and the eFront acquisition. The company's assets under management fell 5 percent to $5.98 trillion over the last 12 months and slipped 7 percent from the prior quarter. 5-year trend. For the year, the company reported profit of $4.93 billion, or $31.85 per share. Earnings for the asset manager fell nearly 60 percent to $927 million over the past year. That gain solidly beat expectations and well outpaced the market overall, which is … ... 2018," Page F-42. The company said it could use bitcoin derivatives for its funds BlackRock Strategic Income Opportunities and BlackRock Global Allocation Fund Inc. BlackRock reported $12.3 billion in net outflows from its active products in the fourth quarter of 2018. In depth view into BlackRock Revenue (Quarterly) including historical data from 1998, charts, stats and industry comps. View the latest BLK financial statements, income statements and financial ratios. The total revenue of BlackRock increased each year during the period from 2013 to 2019. Net income slumped 60% to $927 million or $5.78 per diluted share, on a revenue slide of 9% to $3.43 billion. BlackRock’s technology services revenue increased 30% year-on-year in the third quarter, totalling $259 million compared to $200 million last year. The U.S. equity markets suffered a tough end to 2018, with both the Dow Jones Industrial Average and the S&P 500 falling more than 10 percent in the three months ended Dec. 31. Sales/Revenue. In April 2018, BlackRock announced that it has signed a deal to acquire Tennenbaum Capital, while in November 2017 its announced a transaction to buy Citibanamex's Asset Management business in Mexico. Also,. All Rights Reserved. Revenue rose 2% to $3.58 billion driven by 4% base fee growth and 18% technology services revenue … BlackRock's shares traded at over $414 per share, and its market capitalization was valued at over US$61.7 billion in October 2018. Flows reflected strong fundraising and … BlackRock annual net income for 2018 was $4.305B, a 13.07% decline from 2017. 2019. BlackRock Q3 2018 Earnings Infographic. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. BlackRock's adjusted reported bottom line represents a 2 percent decline from the year-earlier period, when its posted a profit of $6.19 per share. Accessed Feb. 3, 2020. Read more The company's board of directors approved an increase in its quarterly cash dividend, bumping it to $3.30. BlackRock's shares traded at over $414 per share, and its market capitalization was valued at over US$61.7 billion in October 2018. BlackRock revenue was $14.54 b in FY, 2019 which is a (2.4%) year over year increase from the previous period. The company will dismiss about 500 employees (about 3 percent of its global workforce) in the weeks ahead, according to an internal memo viewed by CNBC last week. Data is a real-time snapshot *Data is delayed at least 15 minutes. Goodbye 2020, hello 2018? Get this delivered to your inbox, and more info about our products and services. They aim to be a responsible corporate citizen and to take into account environmental, social and governance issues that have real and quantifiable financial impacts over the long-term for their firm and the firms in which we invest. In 2018, BlackRock delivered positive organic asset and base fee growth, increased year-over-year revenue and expanded our operating margins while … As of 2018, BlackRock ranked 237 on the Fortune 500 list of the largest United States corporations by revenue. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. BlackRock's (BLK) Q4 Earnings & Revenues Beat Estimates - January 12, 2018 - … BlackRock has 16,300 employees across 76 locations and $14.54 B in annual revenue in FY 2019. [E] Cash Management revenues have grown by 33% from $458 million in 2016 to $607 million in 2018. This included 7 revenue streams. Revenue Came In Higher-than-Expected. In depth view into BlackRock Revenue (Quarterly) including historical data from 1998, charts, stats and industry comps. BlackRock reported $14.2 billion in Total Revenues in FY 2018. BlackRock has generated $33.82 earnings per share over the last year and currently has a price-to-earnings ratio of 23.0. ... 12/31/2018. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. BlackRock Inc's quarterly results exceeded analysts' estimates on Tuesday helped by broad-based strength in its businesses, as the … Revenue rose 2% to $3.58 billion driven by 4% base fee growth and 18% technology services revenue growth. BlackRock Reports First Quarter 2018 Diluted EPS of $6.68, or $6.70 as adjusted - Blackrock, Inc. BLK BlackRock says its fourth-quarter revenue totaled $3.434 billion while adjusted earnings per share was $6.08. Sometimes this requires difficult decisions.". This segment includes fees generated by BlackRock through its … BlackRock's first-quarter earnings rose 27 percent, after adjusting for a gain from the recent tax cut. As one of the world's largest asset management firms, BlackRock derives significant revenue from advisory and investment management fees. However, CEO Larry Fink told CNBC's "Squawk Box" on Wednesday that since the end of the quarter, the company's assets under management had clawed back above $6 trillion. Sign up for free newsletters and get more CNBC delivered to your inbox. 12/31/2017. The investment firm posted revenue of $4.48 billion in the period. BlackRock 's BLK first-quarter 2018 adjusted earnings came in at $6.70 per share, which handily outpaced the Zacks Consensus Estimate of $6.42. BlackRock Reports First Quarter 2018 Diluted EPS of $6.68, or $6.70 as adjusted $55 billion of quarterly long-term net inflows, positive across active and index, reflect strength of diversified business model 16% growth in revenue year-over-year driven by base fees … The company’s assets under management fell 5 … Net income climbed 29% to $1.22 billion and earnings soared 31% to $7.54 per share. "Across these hold-rated companies, we continue to slightly prefer BlackRock given it is one of the few companies likely to sustain positive organic growth (though margins and EPS growth is likely to become more challenged given market conditions)," Bedell wrote. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. BlackRock annual net income for 2020 was $4.932B, a 10.19% increase from 2019. … BlackRock net income for the twelve months ending December 31, 2020 was $4.932B, a 10.19% increase year-over-year. BlackRock, Inc. (BLK) on Wednesday reported underwhelming financial results for the three months ended December 31, 2018, before the market opened for regular trade. Och-Ziff Capital Management Group LLC (SCU), America First Multifamily Investors (ATAX), Silvercrest Asset Management Group (SAMG), Puhui Wealth Investment Management (PHCF), BlackRock revenue for the quarter ending December 31, 2020 was, BlackRock revenue for the twelve months ending December 31, 2020 was. BlackRock (NYSE: BLK) is the world’s largest asset management firm, with Assets under Management (AUM) of $6.8 trillion at the end of Q2 2019. In depth view into BlackRock Revenue (TTM) including historical data from 1998, charts, stats and industry comps. Of the group, analyst Brian Bedell said he still prefers BlackRock to peers. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. For a detailed definition, formula and example for. Seven of the 10 largest issuers manage the … BlackRock revenue for the twelve months ending September 30, 2020 was $15.704B, a … BlackRock annual net income for 2020 was $4.932B, a 10.19% increase from 2019. Please check your download folder. ... 2018. BlackRock … BlackRock's first-quarter earnings rose 27 percent, after adjusting for a gain from the recent tax cut. BlackRock, the largest asset ... Jul 16 2018 6:16 AM EDT ... while revenue increased by 11 percent. Third-quarter revenue of $3.6 billion increased 2% year over year while operating income of $1.4 billion rose by 1%. The amount grew from 10.2 billion U.S. dollars in 2013, up to 14.5 billion dollar in 2019. BlackRock, the owner of the wildly popular iShares family of exchange-traded funds and the world's largest asset manager, has gotten even bigger during the Covid-19 pandemic. "But executing on this strategy requires that we move decisively to refocus resources where the impact will be greatest. That's about a 2 percent climb from the current share price of $397. BlackRock annual net income for 2019 was $4.476B, a 3.97% increase from 2018. The financial giant also saw record quarterly inflows of $81 billion in its iShares business as the high-growth exchange-traded fund segment continues to expand. The New York-based asset manager returned $3.6 billion to shareholders in 2018, including $1.7 billion of full year share repurchases. The stock was down nearly 1 percent in Wednesday's premarket. BlackRock, Inc.’s revenue of $3.58 billion for the first quarter of 2018 was also good news for BLK stock. Read the full decision in BlackRock Investment Management (UK) Ltd v The Commissioners for HM Revenue and Customs: [2018] UKUT 0415 (TCC).. VAT – … Sales at the financial giant totaled $3.434 billion, slightly exceeding analyst expectations of $3.432 billion, according to Refinitiv's revised estimate. Revenue slightly exceeded a revised estimate by Refinitiv. BlackRock Taxable Closed-End Funds Summary of Dividends Paid Calendar Year 2018 Fund Name Ticker Qualified Dividend Income Non-Qualified Dividend Income Long-Term Capital Gains Return of Capital Total ... Revenue Code of 1986, as amended (the "Code"). A Division of NBCUniversal. — CNBC's Leslie Picker contributed reporting. On an adjusted basis, earnings jumped 27% to $7.52 per share. BlackRock, Inc. (NYSE: BLK) today released its financial results for the third quarter of 2018. BlackRock generated $10 billion of net inflows in our core alternative business in 2018, more than a tenfold increase from the year before. BlackRock says its fourth-quarter revenue totaled $3.434 billion while adjusted earnings per share was $6.08. BlackRock Q3 2018 Earnings Infographic. BlackRock, the largest asset manager in the world, reported quarterly earnings that missed analysts' expectations on Wednesday as a market downturn late last year eroded its asset base. Revenue for BlackRock (BLK) Revenue in 2020 (TTM): $15.45 B According to BlackRock's latest financial reports the company's current revenue (TTM) is $15.45 B.In 2019 the company made a revenue of $14.27 B an increase over the years 2018 revenue that were of $13.90 B.The revenue is the total amount of income that a company generates by the sale of goods or services. In September 2018, BlackRock acquired Citibanamex’s Asset Management business in Mexico, while in August it purchased Tennenbaum Capital. Get the detailed quarterly/annual income statement for BlackRock, Inc. (BLK). Its revenue was up 12.6% compared to the same quarter last year. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Got a confidential news tip? BlackRock's closely followed assets under management totaled $5.98 trillion at the end of the quarter, a 5 percent decline over the past 12 months and a 7 percent slip from the prior quarter. BlackRock, Inc. (BLK) Q2 2018 Earnings Conference Call Transcript ... Revenue has increased 11%, operating income increased 16%, and our … BlackRock has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, April 15th, 2021 based off prior year's report dates. Further, the bottom line was 27% higher than the … Also the figure improved year over year. On an adjusted basis, earnings per share were $6.08, falling short of analyst expectations of $6.27 per share. The fell 6.23 percent in 2018. BlackRock helps investors build better financial futures. BlackRock, Inc. (BLK) on Wednesday reported underwhelming financial results for the three months ended December 31, 2018, before the market opened for regular trade. Recent forays by Greenbriar and BlackRock into cash-burning digital freight brokerages reveal a shifting landscape for capital across asset classes that holds profound implications for venture capital-backed freight tech startups. The cuts are part of a company-wide effort to "reallocate resources to our most critical growth opportunities," BlackRock President Rob Kapito said in the memo. We want to hear from you. Long-term responsibility and sustainability are integrated into their business model and shareholder value creation framework and in the way they conduct their business, serve their clients and give back to the communities in which they and their clients live and work. For the fiscal year 2017, BlackRock reported earnings of US$4.970 billion, with an annual revenue of US$12.491 billion, an increase of 12.0% over the previous fiscal cycle. On an adjusted basis, earnings jumped 27% to $7.52 per share. It also requires that we operate as efficiently as possible and are organized for success. BlackRock’s BLK third-quarter 2018 adjusted earnings of $7.52 per share outpaced the Zacks Consensus Estimate of $6.93. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Equity Investments: $6 billion in FY 2018 (42% of Total Revenues) … Please check your download folder. The company's stock is down nearly 30 percent over the last year despite its efforts to return capital to shareholders. The stock fell about 23 percent in 2018, underperforming the broader market. In depth view into BlackRock Revenue (TTM) including historical data from 1998, charts, stats and industry comps. BlackRock Inc. The firm saw $50 billion of fourth quarter total net inflows and $124 billion of full-year inflows. BlackRock Inc, the world's largest asset manager, is adding bitcoin futures as an eligible investment to two funds, a company filing showed. BlackRock shares have risen 8% since the beginning of the year, while the Standard & Poor's 500 index has risen slightly more than 1%. Get the detailed quarterly/annual income statement for BlackRock, Inc. (BLK). Both indexes posted their worst December since the Great Depression as fears of slowing economic growth and rising borrowing costs kept corporate leaders on-edge. The revenue figure was a 9 percent slump from the fourth quarter of 2017. REUTERS/Lucas Jackson/File Photo (REUTERS) BlackRock … Deutsche Bank downgraded BlackRock shares to hold from buy last week and told clients not to expect much from asset manager stocks over the next year. BlackRock's (BLK) Q4 earnings surpassed the Zacks Consensus Estimate. © 2021 CNBC LLC. Net income slumped 60% to $927 million or $5.78 per diluted share, on a revenue slide of 9% to $3.43 billion. Net income climbed 29% to $1.22 billion and earnings soared 31% to $7.54 per share. Read more The analyst sees BlackRock's stock price inching higher to $405 over the next 12 months. Revenue was reported as $16.2 billion. We had about a 5 percent decay in our asset base, not because of outflow, but because the market fell," Fink said. Annual stock financials by MarketWatch. The profit drop was skewed in part due to a large benefit from the tax cut a year ago. BlackRock annual/quarterly revenue history and growth rate from 2006 to 2020. BlackRock, Inc.’s revenue of $3.58 billion for the first quarter of 2018 was also good news for BLK stock. BlackRock’s revenues increased 2% over 2018-2019, which translated into a 4% gain in net income figures over the same period. "We had huge equity declines in the fourth quarter, we had commodity declines. 2018 Year ended 31 December 2017 Change % Revenue Net revenue profit after taxation (£’000) 32,013 28,093 +14.0 Revenue return per ordinary share 18.15p 15.92p +14.0 Dividend per ordinary share – 1st interim 3.00p 3.00p – – 2nd interim 3.00p 3.00p – … BlackRock, an investment management giant, had $7.0 trillion in AUM (assets under management) at the end of the third quarter. "As our industry undergoes an era of significant change, we can continue to outperform by building our business in high-growth markets and using our advantages in technology and portfolio construction to lead change in the industry," Kapito added. According to the revised estimate, BlackRock sales slightly exceeded fourth-quarter expectations. BlackRock Inc is adding bitcoin futures as an eligible investment to two funds, a company filing showed, in a move to bring the world of cryptocurrency to its clients. The amount grew from 10.2 billion U.S. dollars in 2013, up to 14.5 billion dollar in 2019. See insights on BlackRock including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Find out the revenue, expenses and profit or loss over the last fiscal year. Revenue from its advisory, administration and lending business fell to $2.8 billion, a decline of $118 million over the last year. BlackRock’s U.S. ETFs have brought in about $130 billion, down from 2017, despite a record month in November. BlackRock, Inc. (NYSE: BLK) today reported financial results for the three months ended March 31, 2018. The company’s earnings release and supplemental materi BlackRock said that revenue growth reflected higher performance fees and continued organic growth. Watch CNBC's interview with Larry Fink of BlackRock. BlackRock posted revenues (on GAAP basis) of $3.61 billion, surpassing the Zacks Consensus Estimate of $3.45 billion. 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