BlackRock, Inc. (BlackRock) is an investment management company. BlackRock provides a range of investment and risk management services to institutional and retail clients worldwide. Its diverse platform of active (alpha) and index (beta) investment strategies across asset classes enables the company to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives and money market instruments.
Type
Public
HQ
New York, US
Founded
1988
Size (employees)
13,700 (est)+6%
BlackRock was founded in 1988 and is headquartered in New York, US
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Key People/Management at BlackRock

Larry Fink

Larry Fink

Chairman and Chief Executive Officer
Frank Cooper

Frank Cooper

Chief Marketing Officer

BlackRock Office Locations

BlackRock has an office in New York
New York, US (HQ)
40 E 52nd St
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BlackRock Financials and Metrics

BlackRock Financials

BlackRock's revenue was reported to be $11.16 b in FY, 2016 which is a 2.2% decrease from the previous period.
USD

Revenue (FY, 2016)

11.2 b

Revenue growth (FY, 2015 - FY, 2016), %

(2.2%)

Net income (FY, 2016)

3.2 b

EBIT (FY, 2016)

4.6 b

Market capitalization (5-Feb-2018)

88.6 b

Cash (2-Feb-2018)

6.1 b

EV

87.4 b
BlackRock's current market capitalization is $88.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

10.2 b11.1 b11.4 b11.2 b

Revenue growth, %

9%3%(2%)

EBIT

3.9 b4.5 b4.7 b4.6 b

EBIT margin, %

38%40%41%41%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

4.4 b5.7 b6.1 b6.1 b

Accounts Receivable

2.2 b2.1 b2.2 b2.4 b

PP&E

525 m467 m581 m559 m

Goodwill

13 b13 b13.1 b13.1 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

3 b3.3 b3.4 b3.2 b

Cash From Operating Activities

3.6 b3.1 b3 b2.2 b

Purchases of PP&E

(94 m)(66 m)(221 m)(119 m)

Cash From Investing Activities

(483 m)239 m(465 m)(188 m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

1.6 b2.5 b821 m1.6 b2.5 b657 m1.4 b

Dividends Paid

(692 m)(1 b)(389 m)(753 m)(1.1 b)(419 m)(795 m)
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BlackRock News and Updates

BlackRock upgrades outlook for U.S. stocks on earnings momentum: Reuters

The world’s biggest asset manager BlackRock Inc (BLK.N) upgraded its view on U.S. stocks, citing very strong earnings momentum, while cutting European stocks to neutral, Reuters reported.

Global Portfolio Management Market 2018 Key Players: Vanguard Group Inc., Pacific Investment Management Co. LLC,BlackRock Inc.,J.P. Morgan Asset Management,State Street Global Advisors.

WiseGuyReports.com adds “Portfolio Management Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023”reports to its database. Posted via Industry Today. Follow us on Twitter @IndustryToday

Investors ploughed a record amount of money into private equity last year

Investors ploughed a record amount of money into private equity funds in 2017, according to consultants McKinsey, at $750bn. This was driven by a surge of US megafunds coming to market, the research found, such as Apollo's record $24.6bn offering. "The big story in 2017 was about scale. Megafu…

Commentary: The BlackRock Letter Sets Ambitious Goals. Here’s How CEOs Can Meet Them.

Companies need to fundamentally rethink who they answer to.

BlackRock looking to spread into private investment with $10bn fund

BlackRock, the American investment funds giant, has decided to make a move into the private markets. The firm is raising a $10bn fund, the Wall Street Journal first reported, which will invest directly in unlisted businesses. It is understood that the investment period will generally be longer th…

BlackRock plans to raise $10 billion for equity investments: Reuters

BlackRock Inc (BLK.N) plans to raise about $10 billion as part of a new business that would take direct stakes in companies, Reuters is reporting.
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