Blackrock, inc. (BLK)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Revenue
Total revenue

14,539

14,198

13,600

12,261

11,401

11,081

10,180

9,337

9,081

8,612

4,700

5,064

4,845

Expense
Employee compensation and benefits

4,470

4,320

4,253

3,878

4,005

3,829

3,560

3,287

3,199

3,097

1,802

1,815

1,767

Related parties

-

-

-

-

-

-

-

-

-

-

-

495

470

Distribution and servicing costs

1,685

1,675

1,663

1,608

409

364

353

364

386

-

-

96

69

Amortization of deferred sales commissions

-

-

-

-

48

56

52

55

81

102

100

130

108

Direct fund expense

978

998

895

757

767

748

657

591

563

493

95

86

80

General and administration

1,758

1,638

1,446

1,278

1,380

1,453

1,540

1,359

1,415

1,354

779

665

799

Restructuring charge

-

60

-

76

0

0

-

-

32

-

22

38

0

Termination of closed-end fund administration and servicing arrangements

-

-

-

-

-

-

-

-

-

-

-

-

128

Amortization of intangible assets

97

50

89

99

128

157

161

157

156

160

147

146

130

Total expense

8,988

8,741

8,346

7,696

6,737

6,607

6,323

5,813

5,832

5,614

3,422

3,471

3,551

Operating income

5,551

5,457

5,254

4,565

4,664

4,474

3,857

3,524

3,249

2,998

1,278

1,593

1,294

Nonoperating income (expense)
Net gain (loss) on investments

342

1

161

55

116

124

305

163

46

179

42

-573

504

Net gain (loss) on consolidated variable interest entities

-

-

-

-

-

-

-

-

-

-

30

-

-

Interest and dividend income

97

104

49

40

26

29

22

36

34

29

20

65

74

Interest expense

203

184

205

205

204

232

211

215

176

150

68

69

52

Total nonoperating income (expense)

236

-79

5

-110

-62

-79

116

-54

-114

23

-6

-577

526

Income before income taxes

5,787

5,378

5,259

4,455

4,602

4,395

3,973

3,470

3,135

3,021

1,272

1,016

1,820

Income tax expense (benefit)

1,261

1,076

270

1,289

1,250

1,131

1,022

1,030

796

971

375

387

463

Net income

4,526

4,302

4,989

3,166

3,352

3,264

2,951

2,440

2,339

2,050

897

629

1,357

Net income (loss) attributable to noncontrolling interests

50

-3

37

-2

7

-30

-1

9

-

3

2

1

-2

Net income (loss) attributable to nonredeemable noncontrolling interests

-

-

-

-

-

-

20

-27

2

16

-20

154

-362

Net income attributable to BlackRock, Inc.

4,476

4,305

4,952

3,168

3,345

3,294

2,932

2,458

2,337

2,063

875

784

993

Earnings per share attributable to BlackRock, Inc. common stockholders:
Basic

28.69

26.86

30.54

19.27

20.10

19.58

17.23

14.03

12.56

10.67

6.24

5.86

7.53

Diluted

28.43

26.58

30.12

19.02

19.79

19.25

16.87

13.79

12.37

10.55

6.11

5.78

7.37

Cash dividends declared and paid per share

-

-

-

9.16

8.72

7.72

6.72

6.00

5.50

4.00

3.12

3.12

2.68

Weighted-average common shares outstanding:
Basic

156

160

162

164

166

168

170

174

184

190

136

129

128

Diluted

157

161

164

166

169

171

173

178

187

192

139

131

131

Investment Advisory, Administration Fees and Securities Lending Revenue [Member]
Total revenue

11,777

11,553

10,868

9,848

9,840

9,589

8,739

8,072

7,896

7,290

3,826

1,295

1,397

Investment Advisory Performance Fees [Member]
Total revenue

450

412

594

295

621

550

561

463

371

540

202

177

350

Technology Services Revenue [Member]
Total revenue

974

785

657

588

528

635

577

518

510

460

477

393

190

Distribution Fees [Member]
Total revenue

1,069

1,155

1,183

1,198

55

70

73

71

100

116

100

139

123

Advisory and Other Revenue [Member]
Total revenue

269

293

298

332

357

237

230

213

204

206

95

98

145

Related Parties [Member]
Total investment advisory, administration fees and securities lending revenue

-

-

-

-

-

-

-

-

-

-

-

2,962

2,640

Other Third Parties [Member]
Total investment advisory, administration fees and securities lending revenue

-

-

-

-

-

-

-

-

-

-

-

4,257

4,037