BlackRock Past Earnings Performance
Past criteria checks 4/6
BlackRock has been growing earnings at an average annual rate of 5.6%, while the Capital Markets industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 4.7% per year. BlackRock's return on equity is 14.5%, and it has net margins of 31.4%.
Key information
5.6%
Earnings growth rate
6.6%
EPS growth rate
| Capital Markets Industry Growth | -21.0% |
| Revenue growth rate | 4.7% |
| Return on equity | 14.5% |
| Net Margin | 31.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How BlackRock makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 19,361 | 6,074 | 2,291 | 0 |
| 30 Jun 24 | 18,686 | 6,047 | 2,258 | 0 |
| 31 Mar 24 | 18,344 | 5,918 | 2,213 | 0 |
| 31 Dec 23 | 17,859 | 5,502 | 2,208 | 0 |
| 30 Sep 23 | 17,565 | 5,386 | 2,077 | 0 |
| 30 Jun 23 | 17,354 | 5,188 | 2,116 | 0 |
| 31 Mar 23 | 17,417 | 4,899 | 2,157 | 0 |
| 31 Dec 22 | 17,873 | 5,178 | 2,157 | 0 |
| 30 Sep 22 | 18,642 | 5,562 | 2,141 | 0 |
| 30 Jun 22 | 19,381 | 5,837 | 2,170 | 0 |
| 31 Mar 22 | 19,675 | 6,138 | 2,100 | 0 |
| 31 Dec 21 | 19,374 | 5,901 | 2,187 | 0 |
| 30 Sep 21 | 18,746 | 5,806 | 2,098 | 0 |
| 30 Jun 21 | 18,065 | 5,489 | 1,977 | 0 |
| 31 Mar 21 | 16,893 | 5,325 | 1,907 | 0 |
| 31 Dec 20 | 16,205 | 4,932 | 2,442 | 0 |
| 30 Sep 20 | 15,704 | 4,685 | 2,448 | 0 |
| 30 Jun 20 | 15,027 | 4,440 | 2,373 | 0 |
| 31 Mar 20 | 14,903 | 4,229 | 2,440 | 0 |
| 31 Dec 19 | 14,539 | 4,476 | 1,705 | 0 |
| 30 Sep 19 | 13,996 | 4,102 | 1,643 | 0 |
| 30 Jun 19 | 13,880 | 4,199 | 1,641 | 0 |
| 31 Mar 19 | 13,961 | 4,269 | 1,578 | 0 |
| 31 Dec 18 | 14,198 | 4,305 | 1,573 | 0 |
| 30 Sep 18 | 14,528 | 5,673 | 1,596 | 0 |
| 30 Jun 18 | 14,460 | 5,401 | 1,560 | 0 |
| 31 Mar 18 | 14,091 | 5,182 | 1,515 | 0 |
| 31 Dec 17 | 13,600 | 4,952 | 1,438 | 0 |
| 30 Sep 17 | 12,726 | 3,508 | 1,352 | 0 |
| 30 Jun 17 | 12,055 | 3,439 | 1,316 | 0 |
| 31 Mar 17 | 11,623 | 3,374 | 1,283 | 0 |
| 31 Dec 16 | 12,261 | 3,168 | 1,280 | 0 |
| 30 Sep 16 | 11,128 | 3,182 | 1,356 | 0 |
| 30 Jun 16 | 11,201 | 3,150 | 1,363 | 0 |
| 31 Mar 16 | 11,302 | 3,180 | 1,359 | 0 |
| 31 Dec 15 | 11,401 | 3,345 | 1,380 | 0 |
| 30 Sep 15 | 11,322 | 3,297 | 1,357 | 0 |
| 30 Jun 15 | 11,261 | 3,371 | 1,414 | 0 |
| 31 Mar 15 | 11,134 | 3,360 | 1,479 | 0 |
| 31 Dec 14 | 11,081 | 3,294 | 1,453 | 0 |
| 30 Sep 14 | 11,074 | 3,322 | 1,476 | 0 |
| 30 Jun 14 | 10,697 | 3,135 | 1,434 | 0 |
| 31 Mar 14 | 10,401 | 3,056 | 1,398 | 0 |
| 31 Dec 13 | 10,180 | 2,932 | 1,416 | 0 |
Quality Earnings: BLK2 has high quality earnings.
Growing Profit Margin: BLK2's current net profit margins (31.4%) are higher than last year (30.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BLK2's earnings have grown by 5.6% per year over the past 5 years.
Accelerating Growth: BLK2's earnings growth over the past year (12.8%) exceeds its 5-year average (5.6% per year).
Earnings vs Industry: BLK2 earnings growth over the past year (12.8%) did not outperform the Capital Markets industry 21.2%.
Return on Equity
High ROE: BLK2's Return on Equity (14.5%) is considered low.