BlackRock's Record Earnings, Strong Growth

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Into the BlackRock: World’s Largest Asset Manager Continues Firing on All Cylinders

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BlackRock (BLK) reported record fourth-quarter and full-year earnings results this week .

The world’s largest asset manager reached $11.6 trillion in assets under management ( AUM ) during Q4 2024 .

BlackRock chief Larry Fink told clients the asset manager is doing it “your way”.

While BlackRock is a powerhouse, shares do not command a premium valuation, making the stock attractive.

The company’s stock yields 2.0% , which may not sound like a game-changer for income investors but is still meaningfully higher than the 1.26% offered by the S&P 500.

The financial giant has grown its dividend payout at a solid 9.1% compound annual growth rate over the past five years .

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