BlackRock, Inc. (NYSE: BLK) reported its fourth-quarter results on Thursday, with the bank posting adjusted earnings per share of $13.16, exceeding analyst estimates of $12.44, while revenue reached $7 billion, surpassing the consensus expectation of $6.75 billion.
Get instant alerts on market-moving headlines with InvestingPro The world’s largest asset manager saw its assets under management (AUM) reach $14 trillion following record quarterly net inflows of $342 billion, contributing to a full-year inflow total of $698 billion.
The strong quarter was marked by 12% annualized organic base fee growth, reflecting broad strength across iShares ETFs, systematic active equities, private markets, outsourcing, and cash management. Revenue for the quarter increased 23% compared to the same period last year.
BlackRock shares rose 1.4% following the earnings announcement.
"BlackRock enters 2026 with accelerating momentum across our entire platform, coming off the strongest year and quarter of net inflows in our history," said Laurence D. Fink, Chairman and CEO. "Clients entrusted us with $698 billion of new assets in 2025, powering 9% organic base fee growth."
For the full year 2025, BlackRock reported adjusted EPS of $48.09, with total revenue increasing 19% to $24.22 billion. The company’s board approved a 10% increase in its quarterly cash dividend to $5.73 per share and authorized the repurchase of 7 million additional shares.
ETFs continued to be a significant growth driver, generating $181 billion in net inflows during the fourth quarter and $527 billion for the full year. The company’s retail business added $82 billion in the quarter, while cash management products attracted $74 billion.
