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BlackRock (NEOE:BLK) Other Cash Payments from Operating Activities


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What is BlackRock Other Cash Payments from Operating Activities?

Other Cash Payments from Operating Activities only applicable to companies reporting Cash Flow from Operations in direct method.


BlackRock Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Inc (NEOE:BLK) » Definitions » Other Cash Payments from Operating Activities
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50 Hudson Yards, New York, NY, USA, 10001
BlackRock is the largest asset manager in the world, with $11.475 trillion in assets under management at the end of September 2024. Its product mix is fairly diverse, with 55% of managed assets in equity strategies, 26% in fixed income, 9% in multi-asset classes, 7% 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 geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the US and Canada.