BlackRock Inc.BLK

Market cap

$166.4B

P/E ratio

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Investment Advice	-	-	-	-	-	-	-	-	11,553	11,777	12,639	15,260	14,451	14,399
Investment Performance	-	-	-	-	-	-	-	-	412	450	1,104	1,143	633	554
Technology Service	-	-	-	-	-	-	-	-	785	974	1,139	1,281	1,364	1,485
Distribution Fees	-	-	-	-	-	-	-	-	1,155	1,069	1,131	1,521	1,381	1,262
Service, Other	-	-	-	-	-	-	-	-	293	269	192	169	163	159
Total revenue	-	-	-	-	-	-	-	-	14,198	14,539	16,205	19,374	17,873	17,859
Labor and Related Expense	3,097	3,199	3,287	3,560	3,829	4,005	3,880	4,255	4,320	4,470	5,041	6,043	5,681	5,779
Sponsor Fees	182	-	-	353	364	409	429	492	1,675	1,685	1,835	2,200	2,179	2,051
Direct fund expense	-	-	-	-	-	-	766	904	998	978	1,063	1,313	1,226	1,331
General and administration expense	1,354	1,415	1,359	1,540	1,453	1,380	1,301	1,462	1,638	1,758	2,465	2,221	2,160	2,211
Restructuring charge	-	32	-	-	-	-	76	-	60	-	-	-	91	61
Amortization of intangible assets	160	156	157	161	157	128	99	89	50	97	106	147	151	151
Total expense	5,614	5,832	5,813	6,323	6,607	6,737	6,585	7,219	8,741	8,988	10,510	11,924	11,488	11,584
Operating income	2,998	3,249	3,524	3,857	4,474	4,664	4,570	5,272	5,457	5,551	5,695	7,450	6,385	6,275
Gain (Loss) on Investments	179	46	163	305	165	58	55	161	1	342	972	841	-35	699
Interest and dividend income	29	34	36	22	29	26	40	49	104	97	62	87	152	473
Interest expense	150	176	215	211	232	204	205	205	184	203	205	205	212	292
Total nonoperating income (expense)	-	-	-	-	-	-62	-110	5	-79	236	829	723	-95	880
Income before income taxes	-	3,135	3,470	3,973	4,395	4,602	4,460	5,277	5,378	5,787	6,524	8,173	6,290	7,155
Income tax expense	971	796	1,030	1,022	1,131	1,250	1,290	270	1,076	1,261	1,238	1,968	1,296	1,479
Net income	2,050	2,339	2,440	2,951	3,264	3,352	3,170	5,007	4,302	4,526	5,286	6,205	4,994	5,676
Net Income (Loss) Attributable to Noncontrolling Interest	-	-	-	-	-	-	-2	37	-3	50	354	304	-184	174
Net income attributable to BlackRock, Inc.	2,063	2,339	2,458	2,951	3,294	3,352	3,172	5,007	4,305	4,526	5,286	6,205	5,178	5,676
Basic	10.67	12.56	14.03	17.23	19.58	20.1	19.29	30.65	26.86	28.69	32.13	38.76	34.31	36.85
Diluted	10.55	12.37	13.79	16.87	19.25	19.79	19.04	30.23	26.58	28.43	31.85	38.22	33.97	36.51