BlackRock Results Presentation Deck
Operating Income and Margin, as adjusted
47.3%
$1,877
45.8%
$1,599
46.9%
47.6%
$2,016 $2,025
BlackRock.
Profitability
($ in millions, except per share data)
46.6%
$2,107
Operating Income, as adjusted
44.2% 43.7%
$1,822
$1,727
42.0%
41.2%
Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
Q4
2020 2021 2021 2021 2021 2022 2022 2022 2022
$1,585 $1,577
Operating Margin, as adjusted
$10.32
$1,595
Net Income and EPS, as adjusted
$10.45
$8.04
$1,240
$1,614
$11.34
$1,750
$10.68
$1,650
Net Income, as adjusted
$9.52
$1,462
Q4 Q1
Q2
Q3 Q4 Q1
2020 2021 2021 2021 2021 2022
$7.36
$1,122
$9.55
$1,451
$8.93
EPS, as adjusted
$1,356
Q2 Q3
Q4
2022 2022 2022
For further information and reconciliations to GAAP, see page 13 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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