BlackRock Results Presentation Deck
$3
6%
7%
$129
$28
$98
Q3
2020
9%
$41
5%
7%
$127
$2$9
$116
8%
8%
$79
14%
$172
$39
Q4
Q1
2020 2021
$133
Long-term
13%
Total BlackRock
$68
7%
13%
$81
$23
$60
$(2)
Q2
2021
12%
$75
6%
13% 11%
$75
Cash
$98
$(12)
$(10)
Q3
2021
ETFs
12%
6%
$58
$212
$44
$169
5%
$104
8%
Q3
Q4
Q2
Q3
Q4
Q1
2020 2020 2021 2021 2021 2021
$87
$114
$(27)
11% 10%
Advisory
$56
Net flows
($ in billions)
5%
$(1)
Q4
Q1
Q2
2021 2022 2022
Q1
2022
5%
$90
$21
$69
9%
$52
Q2
2022
4%
2%
$17
$65
$(40)
$(9)
Q3
2022
8%
$22
Q3
2022
6%
$20
Q3
2020
0%
$7
$30
Q3
2020
10% 18%
$35
Q4
2020
0%
$37
$1
$1
2%
Retail Long-term
16%
$11
$17
$21
Q4 Q1
2020 2021
Institutional Active
1%
Q1
Q2
Q3
Q4
Q1
2021 2021 2021 2021 2022
16%
Institutional Long-term
$43
$23
$(80)
12%
0%
$22
$26
$(8)
1%
8%
$10
$84
$(40)
2%
4%
Institutional Index
$31
$16
3%
$(10)
Q2
Q3
2022 2022
$21
$5
2%
$(5)
LTM organic base fee growth rate (%)
LTM organic asset growth rate (%)
LTM organic asset growth rate measures rolling last twelve months net flows over beginning of period assets. LTM organic base fee growth rate is calculated by dividing net new base
fees earned on net asset inflows for the LTM period by the base fee run-rate at the beginning of the period.
BlackRock.
4%
$71
$(23)
Q2
Q3
Q4
Q1
Q2
Q3
2021 2021 2021 2022 2022 2022
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