BlackRock (BlackRock) Pre-Tax Income

: $7,514 Mil (TTM As of Dec. 2023)

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Pretax income is the income that a company earns before paying income taxes. BlackRock's pretax income for the three months ended in Dec. 2023 was $1,927 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $7,514 Mil. BlackRock's pretax margin was 41.61%.

During the past 13 years, BlackRock's highest Pretax Margin was 42.19%. The lowest was 35.19%. And the median was 39.73%.

BlackRock Pre-Tax Income Historical Data

The historical data trend for BlackRock's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BlackRock Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

5,787.00

6,524.00

8,173.00

6,290.00

7,155.00

BlackRock Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pre-Tax Income																1,554.00	1,866.00	1,808.00	1,927.00	1,913.00

Competitive Comparison

For the Asset Management subindustry, BlackRock's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BlackRock Pre-Tax Income Distribution

For the Asset Management industry and Financial Services sector, BlackRock's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where BlackRock's Pre-Tax Income falls into.

BlackRock Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

BlackRock's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	6333	+	641	+	-292	+	473	+	0
	=	7,155

BlackRock's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	1644	+	206	+	-82	+	159	+	0
	=	1,927

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,514 Mil.

BlackRock (NYSE:BLK) Pre-Tax Income Explanation

BlackRock's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	1927	/	4631
	=	41.61%

During the past 13 years, BlackRock's highest Pretax Margin was 42.19%. The lowest was 35.19%. And the median was 39.73%.

BlackRock Pre-Tax Income Related Terms

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BlackRock (BlackRock) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Inc (NYSE:BLK) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

BLK:Peru BLK:Mexico 1BLK:Italy BLQAd:UK BLQA:Germany BLQA:Germany BLQA:Germany BLQA:Germany BLAK34:Brazil BLK:Austria

Address

50 Hudson Yards, New York, NY, USA, 10001

Website

https://www.blackrock.com

BlackRock is the largest asset manager in the world, with $9.101 trillion in AUM at the end of September 2023. Product mix is fairly diverse, with 52% of the firm's managed assets in equity strategies, 28% in fixed income, 9% in multi-asset class, 8% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is also geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the U.S. and Canada.

Executives

Laurence Fink	director, officer: Chairman and CEO	BLACKROCK, INC., 50 HUDSON YARDS, NEW YORK NY 10001
Mark Wiedman	officer: Senior Managing Director	50 HUDSON YARDS, NEW YORK NY 10001
Amin H. Nasser	director	50 HUDSON YARDS, NEW YORK NY 10001
J. Richard Kushel	officer: Senior Managing Director	BLACKROCK, INC., 50 HUDSON YARDS, NEW YORK NY 10001
Martin Small	officer: CFO & Senior Managing Director	50 HUDSON YARDS, NEW YORK NY 10001
Marc D. Comerchero	officer: Principal Accounting Officer	BLACKROCK, INC., 50 HUDSON YARDS, NEW YORK NY 10001
Stephen Cohen	officer: Senior Managing Director	55 EAST 52ND STREET, NEW YORK NY 10055
Caroline Heller	officer: Senior Managing Director	50 HUDSON YARDS, NEW YORK NY 10001
Manish Mehta	officer: Senior Managing Director	55 EAST 52ND STREET, NEW YORK NY 10055
Rachel Lord	officer: Senior Managing Director	55 EAST 52ND STREET, NEW YORK NY 10055
Mark Mccombe	officer: Senior Managing Director	BLACKROCK, INC., 55 EAST 52ND STREET, NEW YORK NY 10055
Robert Kapito	director, officer: President	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
William E Ford	director	55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Kristin C Peck	director	C/O ZOETIS INC., 10 SYLVAN WAY, PARSIPPANY NJ 07054
Beth Ford	director	C/O CORPORATE SECRETARY SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012