1、 1 INVESTOR RELATIONS:Caroline Rodda 212.810.3442 MEDIA RELATIONS:Patrick Scanlan 212.810.3622BlackRock Reports Full Year 2024 Diluted EPS of$42.01,or$43.61 as adjusted Fourth Quarter 2024 Diluted EPS of$10.63,or$11.93 as adjusted New York,January 15,2025 BlackRock,Inc.(NYSE:BLK)today reported finan
2、cial results for the three months and year ended December 31,2024.$11.6 trillion in AUM following a record$641 billion of full year net inflows,including$281 billion in the fourth quarter 14%increase in full year revenue driven by the positive impact of markets on average AUM,organic base fee growth
3、,and fees on AUM acquired in the GIP Transaction,as well as higher performance fees and technology service revenue 21%increase in full year operating income(23%as adjusted)15%increase in full year diluted EPS also reflects lower nonoperating income and a higher effective tax rate in the current year
4、$4.7 billion returned to shareholders in 2024,including$1.6 billion of share repurchases Previously announced agreement to acquire HPS Investment Partners to create an integrated private credit franchise with approximately$220 billion in pro-forma client assets Laurence D.Fink,Chairman and CEO:“Clie
5、nts entrusted BlackRock with a record$641 billion of net inflows in 2024,including$281 billion in the fourth quarter for two consecutive record flows quarters.2024 was also a milestone year for strategic acquisitions grounded in client service,technology and scale.Our closing of GIP and planned acqu
6、isitions of HPS and Preqin are expected to significantly scale and enhance our private markets investment and data capabilities.“For many companies,periods of M&A contribute to a pause in client engagement.At BlackRock,clients are instead embracing and rewarding our strategy.Client activity accelera