The company said total net inflows for Q3 2024 were a record $221 billion, and AUM as of September 30 was $11.5 trillion, up $2.4 trillion from a year earlier. Year-to-date net inflows were $360 billion.

1. 01

   The company said total net inflows for Q3 2024 were a record $221 billion, and AUM as of September 30 was $11.5 trillion, up $2.4 trillion from a year earlier. Year-to-date net inflows were $360 billion.

2. 02

   BlackRock said GAAP revenue for Q3 2024 was $5,197 million, up 15% from $4,522 million a year earlier, and operating income was $2,006 million, up 23%. Its GAAP operating margin was 38.6%.

3. 03

   The company said diluted earnings per share for Q3 2024 were $10.90, up 2% from $10.66 a year earlier, and on an as adjusted basis were $11.46, up 5%. It said the effective tax rate was higher in the current quarter.

4. 04

   BlackRock said it repurchased $375 million of shares in Q3 2024 and closed its acquisition of Global Infrastructure Partners (GIP) on October 1, adding $116 billion of client AUM and $70 billion of fee-paying AUM.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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