Press Releases

BlackRock Reports Full Year 2017 Diluted EPS of $30.23, or $22.60 as adjusted

Jan 12, 2018

BlackRock Reports Full Year 2017 Diluted EPS of $30.23, or $22.60 as adjusted
Fourth Quarter 2017 Diluted EPS of $14.07, or $6.24 as adjusted

  • Record $367 billion of full year total net inflows reflects continued strength of diversified business model
  • $103 billion of fourth quarter net inflows, positive across active, index and iShares® and cash management
  • 12% full year revenue growth driven by growth in base fees, performance fees, and technology and risk management revenue
  • 15% increase in full year operating income (13% as adjusted) reflects operating margin expansion
  • 59% increase in full year diluted EPS reflects net tax benefit from Tax Cuts and Jobs Act (17% as adjusted)
  • Returned $2.8 billion to shareholders in 2017
  • Board of Directors approves 15% increase in quarterly cash dividend to $2.88 per share

 

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About BlackRock

BlackRock helps investors build better financial futures. As a fiduciary to our clients, we provide the investment and technology solutions they need when planning for their most important goals. As of September 30, 2018, the firm managed approximately $6.44 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com.