Blackrock | 10-K: FY2024 Annual Report

BlackRock delivered robust financial performance in 2024, with total revenue increasing 14% to $20.4B and net income rising 16% to $6.37B. Operating income grew 21% to $7.6B, while diluted EPS improved 15% to $42.01. The company announced a quarterly dividend of $5.21 per share in January 2025.The company maintained strong global market presence, with Americas contributing 66% ($13.4B) of total revenue, followed by Europe at 30% ($6.1B) and Asia-Pacific at 4% ($0.9B). BlackRock's strategic expansion continued with the completion of the GIP transaction valued at approximately $13B in October 2024.Looking ahead, BlackRock has announced two major acquisitions: Preqin for £2.55B (~$3.2B) expected to close in Q1 2025, and HPS Investment Partners through an all-stock transaction of up to 13.7M shares planned for mid-2025. These strategic moves demonstrate the company's commitment to growth and market expansion.

BlackRock delivered robust financial performance in 2024, with total revenue increasing 14% to $20.4B and net income rising 16% to $6.37B. Operating income grew 21% to $7.6B, while diluted EPS improved 15% to $42.01. The company announced a quarterly dividend of $5.21 per share in January 2025.The company maintained strong global market presence, with Americas contributing 66% ($13.4B) of total revenue, followed by Europe at 30% ($6.1B) and Asia-Pacific at 4% ($0.9B). BlackRock's strategic expansion continued with the completion of the GIP transaction valued at approximately $13B in October 2024.Looking ahead, BlackRock has announced two major acquisitions: Preqin for £2.55B (~$3.2B) expected to close in Q1 2025, and HPS Investment Partners through an all-stock transaction of up to 13.7M shares planned for mid-2025. These strategic moves demonstrate the company's commitment to growth and market expansion.