Loading company filing…
Find a company. Follow its revenue through costs and profit.
Coverage includes separate ticker and security records; counts are not unique companies.
Sankey diagram of BlackRock, Inc.. A complete text table follows the diagram.
Management and securities-lending fees remain the core, while Aladdin, subscriptions and performance fees diversify a platform that converted 42% of revenue into operating income
Swipe to explore
Every flow is directly reported. The $549M contingent-consideration fair-value change is a reported negative expense and is therefore shown as a positive operating source.
Labels and narrative explain the filing. A category marked “arithmetic bridge” or “residual” is calculated from reported totals, rather than a separately reported line.
| Category | Stage | Value | Notes |
|---|---|---|---|
| Management & securities-lending fees | 1 | $5.4B | 81% of revenue |
| Performance fees | 1 | $272M | Investment outperformance participation |
| Technology & subscriptions | 1 | $530M | Aladdin, Preqin, eFront and more |
| Distribution fees | 1 | $389M | Product distribution economics |
| Advisory & other | 1 | $69M | Institutional advisory work |
| Total revenue | 2 | $6.7B | Up 27% year over year |
| Contingent-consideration gain | 2 | $549M | Fair-value remeasurement |
| Revenue plus fair-value gain | 3 | $7.2B | Operating resources |
| Operating income | 4 | $2.8B | 42.0% reported operating margin |
| Employee compensation | 4 | $2.2B | Investment and technology talent |
| Sales, asset & account expense | 4 | $1.3B | Distribution, funds and sub-advisory |
| General & administration | 4 | $674M | Corporate operations |
| Intangible amortization | 4 | $277M | Acquired technology and businesses |
| Net nonoperating income | 4 | $28M | Investments and financing, net |
| Income before tax | 5 | $2.8B | 42.4% of revenue |
| Net income before NCI | 6 | $2.3B | After income tax |
| Income tax | 6 | $516M | 18.2% effective rate |
| Income attributable to BlackRock | 7 | $2.2B | $14.06 diluted EPS |
| Noncontrolling interests | 7 | $114M | CIPs and subsidiary ownership |
| From | To | Value |
|---|---|---|
| Management & securities-lending fees | Total revenue | $5.4B |
| Performance fees | Total revenue | $272M |
| Technology & subscriptions | Total revenue | $530M |
| Distribution fees | Total revenue | $389M |
| Advisory & other | Total revenue | $69M |
| Total revenue | Revenue plus fair-value gain | $6.7B |
| Contingent-consideration gain | Revenue plus fair-value gain | $549M |
| Revenue plus fair-value gain | Operating income | $2.8B |
| Revenue plus fair-value gain | Employee compensation | $2.2B |
| Revenue plus fair-value gain | Sales, asset & account expense | $1.3B |
| Revenue plus fair-value gain | General & administration | $674M |
| Revenue plus fair-value gain | Intangible amortization | $277M |
| Operating income | Income before tax | $2.8B |
| Net nonoperating income | Income before tax | $28M |
| Income before tax | Net income before NCI | $2.3B |
| Income before tax | Income tax | $516M |
| Net income before NCI | Income attributable to BlackRock | $2.2B |
| Net income before NCI | Noncontrolling interests | $114M |