Name | Value |
---|---|
Revenues | 4,976.0M |
Cost of Revenue | 1,005.0M |
Gross Profit | 3,971.0M |
Operating Expense | 507.0M |
Operating I/L | 1,965.0M |
Other Income/Expense | 214.0M |
Interest Income | 178.0M |
Pretax | 2,014.0M |
Income Tax Expense | 477.0M |
Net Income/Loss | 1,495.0M |
BlackRock, Inc. is a global investment manager offering services to a wide range of clients, including institutional, intermediary, and individual investors. The firm manages separate client-focused equity, fixed income, and balanced portfolios, as well as open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles. It also provides global risk management and advisory services, investing in public equity, fixed income, real estate, currency, commodity, and alternative markets worldwide. BlackRock employs fundamental and quantitative analysis, focusing on bottom-up and top-down approaches, and benchmarks its portfolios against various indices.