Blackrock, inc. (BLK)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Revenue
Total revenue

14,903

14,539

13,996

13,880

13,961

14,198

14,528

14,460

14,091

13,600

13,832

13,161

12,729

12,261

11,128

11,201

11,302

11,401

11,322

11,261

11,134

11,081

11,074

10,697

10,401

10,180

9,942

9,790

9,537

9,337

9,025

8,930

9,048

9,081

9,347

9,214

8,899

8,612

7,663

6,711

5,708

4,700

4,469

4,716

0

0

0

Expense
Employee compensation and benefits

4,543

4,470

4,278

4,264

4,263

4,320

4,447

4,437

4,353

4,253

4,091

3,973

3,952

3,878

3,882

3,936

3,971

4,005

3,942

3,892

3,828

3,829

3,828

3,721

3,637

3,560

3,483

3,445

3,367

3,287

3,213

3,156

3,194

3,199

3,266

3,269

3,154

3,097

2,873

2,543

2,224

1,802

1,653

1,761

0

0

0

Related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

417

452

0

0

0

Distribution and servicing costs

1,726

1,685

1,667

1,648

1,647

1,675

1,688

1,699

1,694

1,663

2,518

2,213

1,912

1,608

423

411

407

409

402

390

374

364

355

350

351

353

348

357

360

364

372

378

0

-

0

0

-

-

-

-

0

-

103

101

0

0

0

Amortization of deferred sales commissions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38

42

45

48

50

52

54

56

57

57

55

52

50

49

51

55

61

68

75

81

86

92

98

102

103

100

99

100

110

120

0

0

0

Direct fund expense

1,013

978

957

967

979

998

1,011

993

950

895

832

801

775

757

772

770

766

767

761

762

758

748

732

700

675

657

641

618

600

591

568

563

572

563

569

554

523

493

411

302

195

95

0

0

0

-

-

General and administration

2,512

1,758

1,692

1,720

1,643

1,638

1,639

1,581

1,533

1,446

1,328

1,285

1,256

1,278

1,356

1,363

1,359

1,380

1,357

1,414

1,479

1,453

1,476

1,434

1,522

1,540

1,531

1,524

1,383

1,359

1,299

1,361

1,382

1,415

1,483

1,410

1,405

1,354

1,262

1,092

928

779

633

695

0

0

0

Restructuring charge

-

-

-

-

-

-

-

-

-

-

-

-

-

76

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

22

22

0

0

0

Amortization of intangible assets

107

97

83

68

54

50

47

61

75

89

101

99

99

99

99

108

118

128

139

145

151

157

163

163

162

161

160

159

158

157

156

156

155

156

157

158

160

160

159

155

151

147

145

146

0

0

0

Total expense

9,901

8,988

8,737

8,727

8,646

8,741

8,832

8,771

8,605

8,346

8,843

8,352

7,984

7,696

6,646

6,706

6,742

6,737

6,651

6,655

6,644

6,607

6,611

6,425

6,402

6,323

6,213

6,152

5,919

5,813

5,698

5,701

5,782

5,832

5,966

5,903

5,757

5,614

5,216

4,614

4,047

3,422

3,126

3,325

0

0

0

Operating income

5,002

5,551

5,259

5,153

5,315

5,457

5,696

5,689

5,486

5,254

4,989

4,809

4,745

4,565

4,482

4,495

4,560

4,664

4,671

4,606

4,490

4,474

4,463

4,272

3,999

3,857

3,729

3,638

3,618

3,524

3,327

3,229

3,266

3,249

3,381

3,311

3,142

2,998

2,447

2,097

1,661

1,278

1,343

1,391

0

0

0

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

160

342

157

214

128

1

101

92

125

161

134

124

108

55

106

65

51

116

16

72

111

124

237

223

319

305

255

298

150

163

171

37

62

46

80

232

201

179

154

150

251

42

-138

-227

0

0

0

Net gain (loss) on consolidated variable interest entities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

-

-

Interest and dividend income

83

97

109

119

118

104

77

63

57

49

42

49

42

40

38

28

27

26

27

25

23

29

27

25

26

22

27

29

33

36

36

38

34

34

35

33

34

29

23

17

16

20

36

46

0

0

0

Interest expense

203

203

198

190

184

184

184

184

186

205

210

216

219

205

205

203

204

204

211

222

230

232

226

217

210

211

216

221

220

215

206

198

187

176

163

151

148

150

138

116

93

68

63

66

0

0

0

Total nonoperating income (expense)

40

236

68

143

62

-79

-6

-29

-4

5

-34

-43

-69

-110

-61

-110

-126

-62

-133

-137

-80

-79

5

39

92

116

25

73

-36

-54

20

-122

-106

-114

-103

87

36

23

23

23

175

-6

-165

-247

0

0

0

Income before income taxes

5,042

5,787

5,327

5,296

5,377

5,378

5,690

5,660

5,482

5,259

4,955

4,766

4,676

4,455

4,421

4,385

4,434

4,602

4,538

4,469

4,410

4,395

4,468

4,311

4,091

3,973

3,754

3,711

3,582

3,470

3,347

3,107

3,160

3,135

3,278

3,398

3,178

3,021

2,470

2,120

1,836

1,272

1,178

1,144

0

0

0

Income tax expense (benefit)

949

1,261

1,208

1,093

1,109

1,076

14

231

267

270

1,420

1,310

1,289

1,289

1,233

1,242

1,260

1,250

1,249

1,139

1,065

1,131

1,160

1,147

1,062

1,022

1,003

1,034

1,051

1,030

974

819

810

796

873

979

992

971

812

712

573

375

342

388

0

0

0

Net income

4,093

4,526

4,119

4,203

4,268

4,302

5,676

5,429

5,215

4,989

3,535

3,456

3,387

3,166

3,188

3,143

3,174

3,352

3,289

3,330

3,345

3,264

3,308

3,164

3,029

2,951

2,751

2,677

2,531

2,440

2,373

2,288

2,350

2,339

2,405

2,419

2,186

2,050

1,658

1,408

1,263

897

836

756

0

0

0

Net income (loss) attributable to noncontrolling interests

-136

50

17

4

-1

-3

3

28

33

37

31

21

17

-2

6

-7

-6

7

-33

-22

-28

-30

2

1

0

-

0

0

-

9

0

0

0

-

-

-

-

-

-

0

-

-

0

0

-

0

0

Net income (loss) attributable to nonredeemable noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-16

27

-27

20

-31

-20

5

-27

35

0

0

2

-9

-17

25

16

6

23

-47

-20

2

38

0

0

0

Net income attributable to BlackRock, Inc.

4,229

4,476

4,102

4,199

4,269

4,305

5,673

5,401

5,182

4,952

3,504

3,435

3,370

3,168

3,182

3,150

3,180

3,345

3,297

3,371

3,360

3,294

3,322

3,135

3,056

2,932

2,781

2,693

2,518

2,458

2,323

2,276

2,341

2,337

2,439

2,395

2,208

2,063

1,662

1,428

1,214

875

836

793

0

0

0

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

5.19

8.37

7.21

6.46

6.65

5.85

7.59

6.67

6.75

14.18

5.83

5.26

5.27

5.18

5.33

4.79

3.97

5.18

5.08

4.92

4.92

4.86

5.46

4.79

4.47

4.97

4.30

4.27

3.69

3.99

3.72

3.13

3.19

3.10

3.28

3.26

2.92

3.39

2.85

2.23

2.20

1.68

2.31

1.62

0.63

1.62

2.04

Diluted

5.15

8.26

7.15

6.41

6.61

5.74

7.54

6.62

6.68

13.95

5.76

5.20

5.21

5.11

5.26

4.73

3.92

5.11

5.00

4.84

4.84

4.76

5.37

4.72

4.40

4.85

4.21

4.19

3.62

3.92

3.65

3.08

3.14

3.04

3.23

3.21

2.89

3.34

2.83

2.21

2.17

1.63

2.27

1.59

0.62

1.59

2.00

Cash dividends declared and paid per share

-

-

-

-

-

-

-

-

2.88

-

2.50

2.50

2.50

2.29

2.29

2.29

2.29

2.18

2.18

2.18

2.18

1.93

1.93

1.93

1.93

1.68

1.68

1.68

1.68

1.50

1.50

1.50

1.50

1.37

1.37

1.37

1.37

1.00

1.00

1.00

1.00

0.78

0.78

0.78

0.78

0.78

0.78

Weighted-average common shares outstanding:
Basic

155

155

155

155

158

158

160

160

161

161

161

162

163

163

164

164

165

165

166

166

167

167

167

168

169

168

169

170

171

171

172

177

179

178

179

187

191

191

190

190

189

152

133

130

130

129

129

Diluted

156

157

156

156

159

161

161

162

162

164

163

164

164

166

166

166

167

168

168

169

169

170

170

171

171

173

173

173

174

175

175

179

181

181

181

190

194

193

192

192

192

156

135

133

131

132

132

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

12,027

11,777

11,467

11,370

11,411

11,553

11,671

11,569

11,292

10,868

10,425

10,190

10,012

9,848

9,854

9,764

9,809

9,840

9,776

9,788

9,688

9,589

9,473

9,158

8,901

8,739

8,540

8,411

8,224

8,072

7,854

7,779

7,889

7,896

9,133

8,978

8,670

7,290

7,165

5,661

4,137

3,826

1,178

1,219

0

0

0

Investment Advisory Performance Fees [Member]
Total revenue

465

450

311

341

368

412

597

637

594

594

438

305

331

295

335

485

547

621

596

521

500

550

674

637

611

561

532

539

491

463

371

359

368

371

550

573

573

540

339

274

241

202

132

140

0

0

0

Technology Services Revenue [Member]
Total revenue

1,044

974

903

844

805

785

758

727

687

657

630

613

601

588

492

507

522

528

645

643

628

635

622

613

605

577

556

528

521

518

531

520

505

510

493

477

475

460

436

457

455

477

482

460

0

0

0

Distribution Fees [Member]
Total revenue

1,083

1,069

1,070

1,079

1,106

1,155

1,190

1,209

1,207

1,183

2,043

1,755

1,474

1,198

43

47

49

55

60

63

68

70

73

75

75

73

67

67

69

71

80

84

91

100

105

111

116

116

116

112

103

100

107

116

0

0

0

Advisory and Other Revenue [Member]
Total revenue

284

269

245

246

271

293

312

318

311

298

296

298

311

332

404

398

375

357

245

246

250

237

232

214

209

230

247

245

232

213

189

188

195

204

215

224

214

206

179

154

130

95

92

98

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

2,478

2,683

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

3,711

4,014

0

0

0