BlackRock Financial Performance from Time to Time

 

BlackRock Financial Performance from Time to Time–According to BlackRock Annual Report from 2010 to 2024. BlackRock Inc is one of the leading investment management firms in the United States of America (USA) and The World. Historically, this company was founded by Robert S. Kapito, Larry Fink, and Susan Wagner in 1988. Currently, Larry Fink still becomes The Chairman and CEO, Meanwhile Robert Kapito becomes the President of BlackRock. But, Susan Wagner, the other co-founder of BlackRock, retired from this company in 2012.

Until December 31, 2024, this company managed $11.5 trillion of assets under management (AUM). It is one of the biggest Assets Under Management managed by the company. Based on the employee, the company employs more than 19,000 people in more than 42 countries and has some service areas in 135 countries across the globe. Product offerings include single- and multi-asset portfolios investing in equities, fixed income, multi-asset, alternatives, and some other products.

BlackRock also has technology services, including the investment/ risk management technology platform, namely Aladdin, eFront, Cachematrix, and FutureAdvisor. Furthermore, this company also gives services and solutions to a broad base of institutional and wealth management clients.

Table of Assets Under Management (AUM) of BlackRock from Time to Time

 

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Years	Total
	Assets Under Management (AUM)
	Million US Dollar
2010	3,560,968
2011	3,512,681
2012	3,791,588
2013	4,324,088
2014	4,651,890
2015	4,645,412
2016	5,147,852
2017	6,288,195
2018	5,975,818
2019	7,429,633
2020	8,676,680
2021	10,010,143
2022	8,594,485
2023	10,008,995
2024	11,551,251
Source: BlackRock Annual Report, 2010-2024

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Under the Guidance of Laurence Fink, or commonly known as Larry Fink, this company has grown relatively from time to time. This can be looked at the Assets Under Management of the company from 2010 to 2024. In 2010, the Assets Under Management (AUM) of the company was just 3,560 billion US Dollars, and It becomes 11,551 billion US Dollar in 2024. Overall, it has more than doubled in the decade.

 

Historically, Laurence Douglas Fink was born on November 2, 1952. He is a graduate of the University of California, Los Angeles. After his challenging career in The First Boston Corporation, he formed The BlackRock with Susan Wagner and Robert Kapito. Basically, Larry Fink still becomes the Chair and CEO of BlackRock. He still leads and makes the company the world’s biggest investment management firm.

 

Table of Assets, Liabilities, and Equities of BlackRock

 

The Financial Position of BlackRock Inc
Years	Total Assets	Total Liabilities	Equities
	in US Dollars	in US Dollars	in US Dollars
2010	178 billion	152 billion	26 billion
2011	179 billion	154 billion	25 billion
2012	200 billion	174 billion	25 billion
2013	219 billion	193 billion	26 billion
2014	239 billion	212 billion	27 billion
2015	225 billion	196 billion	28 billion
2016	220 billion	190 billion	29 billion
2017	220 billion	187 billion	31 billion
2018	159 billion	126 billion	32 billion
2019	168 billion	133 billion	33 billion
2020	176 billion	139 billion	35 billion
2021	152 billion	113 billion	38.7 billion
2022	117 billion	78 billion	38.7 billion
2023	123 billion	81.9 billion	39.5 billion
2024	138 billion	89.2 billion	47.6 billion
Source: BlackRock Annual Report, 2010-2024

Based on the financial conditions of the company, in the Balance Sheet, the total assets and total liabilities still perform stable conditions. In 2010, the total assets of the company are around 178 billion US Dollars. Meanwhile, in 2024, the total assets around 134 billion US Dollars. The highest value of total assets of the company in 2014 was about 239 billion US Dollars. In the liability indicator, the value of total liabilities from time to time showed the decline trends. In 2010, the liabilities of the company reached 152 billion US Dollars, and it decrease to 89.2 billion US Dollars in 2024.

 

Table of Revenue and Net Income of BlackRock Financial Performance from Time to Time

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Years	Total Revenue	Net Income
	in US Dollars	in US Dollars
2010	8.6 billion	2.0 billion
2011	9 billion	2.3 billion
2012	9.3 billion	2.4 billion
2013	10.1 billion	2.9 billion
2014	11.0 billion	3.2 billion
2015	11.4 billion	3.3 billion
2016	12.2 billion	3.2 billion
2017	13.6 billion	3.6 billion
2018	14.1 billion	4.3 billion
2019	14.5 billion	4.2 billion
2020	16.2 billion	5.2 billion
2021	19.3 billion	6.2 billion
2022	17.8 billion	4.9 billion
2023	17.8 billion	5.6 billion
2024	20.4 billion	6.5 billion
Source: BlackRock Annual Report, 2010-2024

 

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Based on the Income Statement of the company from time to time, the company showed an uptrend in the one decade. In 2010, the revenue of the company reached 8.6 billion US Dollars and in 2024, it becomes 20.4 billion US Dollars. Based on Net Income, the company is also in positive trends. They always generated net income from 2010 to 2024. In 2010, the company’s net income was just 2 billion US Dollars and in 2024, the company’s net income becomes 6.5 billion US dollars. Basically, it grows more than 2 times after 12 years.

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Bibliography of BlackRock Financial Performance from Time to Time

 

BlackRock. 2024. Annual Report. Accessed via https://ir.blackrock.com/financials/annual-reports-and-proxy/default.aspx  on March 14th, 2025.

BlackRock. 2024. About US. Accessed via https://www.blackrock.com/corporate  on March 14th, 2025.

Wikipedia. 2022. BlackRock. Accessed via https://en.wikipedia.org/wiki/BlackRock  on March 14th, 2025.

Wikipedia. 2022. Larry Fink. Accessed via https://en.wikipedia.org/wiki/Larry_Fink  on March 14th, 2025.