BlackRock Results Presentation Deck
Operating Income and Margin, as adjusted
44.4%
48.0% 47.3%
$1,428
$1,793
$1,877
45.8%
$1,599
BlackRock.
Profitability
($ in millions, except per share data)
46.9%
Operating Income, as adjusted
47.6%
$2,016 $2,025
46.6%
$2,107
44.2%
43.7%
Q2 Q3 Q4 Q1
Q2 Q3 Q4 Q1
Q2
2020 2020 2020 2021 2021 2021 2021 2022 2022
$1,822 $1,727
Operating Margin, as adjusted
$7.96
Net Income and EPS, as adjusted
$9.41
$1,231
$1,446
$10.32
$1,595
$10.45
$8.04
$1,240
$1,614
Q2
Q3 Q4 Q1 Q2
2020 2020 2020 2021 2021
Net Income, as adjusted
$11.34
$1,750
$10.68
$1,650
$9.52
$1,462
$7.36
EPS, as adjusted
$1,122
Q3 Q4 Q1
Q2
2021 2021 2022 2022
For further information and reconciliations to GAAP, see page 10 of this earnings release supplement, notes (1) and (2) to the condensed consolidated statements of income and supplemental
information in the current earnings release as well as previously filed Form 10-Ks, 10-Qs and 8-Ks. Beginning in the first quarter of 2022, BlackRock updated the definitions of operating income,
as adjusted, operating margin, as adjusted, and net income attributable to BlackRock, Inc., as adjusted. Such measures have been recast for 2021 and 2020 to reflect the inclusion of such new
adjustments. For further information, refer to the Current Report on Form 8-K furnished on April 13, 2022.
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