Press Releases

BlackRock Reports Second Quarter 2021 Diluted EPS of $8.92, or $10.03 as adjusted

BlackRock |Jul 14, 2021

New York, July 14, 2021 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three and six months ended June 30, 2021.

  • $81 billion of quarterly total net inflows, driven by continued momentum across the platform, reflect a previously announced $58 billion low-fee institutional index outflow related to a single client
  • $63 billion of active net inflows, once again positive across all product types, including equity, fixed income, multi-asset and alternatives
  • 32% increase in revenue year-over-year reflects significant market gains as well as strong organic growth, higher performance fees and 14% growth in technology services revenue
  • 37% increase in operating income year-over-year
  • 14% increase in diluted EPS (28% as adjusted) year-over-year also reflects lower nonoperating income and a higher effective tax rate in the current quarter
  • Consistent capital management with $300 million of quarterly share repurchases

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BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate