Press Releases

BlackRock Reports Third Quarter 2021 Diluted EPS of $10.89, or $10.95 as adjusted

BlackRock |Oct 13, 2021

New York, October 13, 2021 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three and nine months ended September 30, 2021.

  • $98 billion of long-term net inflows driven by continued momentum in ETFs and active strategies, with total net inflows of $75 billion reflecting outflows from low-fee cash management and advisory AUM
  • 16% increase in revenue year-over-year reflects strong organic growth and 13% growth in technology services revenue, despite lower performance fees
  • 10% increase in operating income (11% as adjusted) year-over-year also includes the impact of higher transaction-related expense and fund launch costs in the current quarter
  • 23% increase in diluted EPS (19% as adjusted) year-over-year reflects higher nonoperating income, including noncash gains from strategic minority investments 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