1、1INVESTOR RELATIONS:Caroline Rodda 212.810.3442 MEDIA RELATIONS:Ed Sweeney 646.231.0268BlackRock Reports Third Quarter 2024 Diluted EPS of$10.90,or$11.46 as adjustedNew York,October 11,2024 BlackRock,Inc.(NYSE:BLK)today reported financial results for the three and nine months ended September 30,2024
2、.$360 billion of year-to-date total net inflows reflect continued strength of broad-based platform,and surpass full year net inflows of 2022 and 2023Record$221 billion of quarterly total net inflows represent 8%annualized organic asset growth and were positive across client type,product type,active
3、and index,and regions$11.5 trillion in AUM,up$2.4 trillion year-over-year,driven by$456 billion of net inflows and positive market movements15%increase in revenue year-over-year,driven by the positive impact of markets on average AUM,organic base fee growth,and higher performance fees23%increase in
4、operating income year-over-year(26%as adjusted)2%increase in diluted EPS year-over-year(5%as adjusted)also reflects a higher effective tax rate in the current quarter$375 million of share repurchases in the current quarterClosed acquisition of Global Infrastructure Partners(GIP)on October 1st,adding
5、$116 billion of client AUM and$70 billion of fee-paying AUM Laurence D.Fink,Chairman and CEO:“Our strategy is ambitious,and our strategy is working.The assets we manage on behalf of our clients reached a new high,ending the third quarter at$11.5 trillion,having grown$2.4 trillion over the last twelv
6、e months.In that time,clients have entrusted BlackRock with$456 billion of net inflows,including a record$221 billion in the third quarter.Third quarter organic base fee growth of 5%and technology services ACV growth of 15%are each at multi-year highs.“We are effectively leveraging our technology,sc