Little girl visits grandparents through window
2020 ANNUAL REPORT

Moving forward together.
Our commitment to you.

A young boy out in a park enjoying learning how to fly a kite.

Our purpose.
How we live it.

BlackRock’s purpose comes through the work each of our 16,500-plus employees do each and every day to help people invest to build savings, make investing easier and more affordable, advance sustainable investing and contribute to a more resilient economy.

Larry Fink’s chairman’s letter to shareholders

More than ever before, I think about what BlackRock stands for, who we serve and where we are making an impact in the world.
BlackRock Chairman and CEO, Larry Fink
Delivering for clients
Delivering for clients
Building a global investment platform with clients at the center
Inspiring employees
Inspiring employees
Investing in our business by investing in our people
Helping communities
Helping communities
Committed to a more prosperous and equitable world for more people
Returns for shareholders
Returns for shareholders
Aligning strategy and purpose to drive performance

Financial highlights

Total return since BlackRock’s IPO

Source: S&P Global. The performance graph is not necessarily indicative of future investment performance. Please refer to the Important Notes section for information on constituents of the SNL U.S. Asset Manager Index.

$391 billion of full-year total net inflows

5% organic asset growth and 7% organic base fee growth, led by record flows in cash, active equity and alternatives and continued momentum in fixed income.

11% increase in full-year revenue

Strong organic growth, record performance fees and 17% growth in technology services revenue.

$3.8 billion returned to shareholders

$1.5 billion of share repurchases and a 10% year-over-year increase in our dividend.