BlackRock: Q4 EPS up 23%
(CercleFinance.com) - BlackRock, the world's leading asset manager, reports adjusted net income that is up 29% y-o-y to over $1.
87bn for Q4 2024, or $11.93 per share (+23%).
The New York-based group's adjusted operating margin improved 3.9 points to 45.5% on revenues that rose 23% to $5.68bn, while its assets under management (AUM) grew by 15% to $11,551bn.
Our record organic growth and financial results do not yet reflect the full integration or ongoing acquisitions of the high-growth activities of GIP, HPS and Preqin, Chairman and CEO Laurence Fink said.
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87bn for Q4 2024, or $11.93 per share (+23%).
The New York-based group's adjusted operating margin improved 3.9 points to 45.5% on revenues that rose 23% to $5.68bn, while its assets under management (AUM) grew by 15% to $11,551bn.
Our record organic growth and financial results do not yet reflect the full integration or ongoing acquisitions of the high-growth activities of GIP, HPS and Preqin, Chairman and CEO Laurence Fink said.
Copyright (c) 2025 CercleFinance.com. All rights reserved.