BlackRock Files 2024 10-K
Ticker: BLK · Form: 10-K · Filed: 2025-02-25T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, financials
TL;DR
BlackRock's 2024 10-K is in. Full financials for the year ending Dec 31, 2024, are now public.
AI Summary
BlackRock, Inc. filed its 2024 10-K on February 25, 2025, reporting on its fiscal year ending December 31, 2024. The company, headquartered at 50 Hudson Yards, New York, NY, operates in the security brokers, dealers & flotation companies sector. The filing covers its financial performance and business operations for the year.
Why It Matters
This filing provides investors and analysts with a comprehensive overview of BlackRock's financial health and strategic direction for the fiscal year 2024, impacting investment decisions.
Risk Assessment
Risk Level: low — This is a standard annual financial filing for a large, established public company.
Key Numbers
- 2024 — Fiscal Year End (The period covered by the 10-K filing.)
- 20250225 — Filing Date (The date BlackRock submitted its 10-K to the SEC.)
Key Players & Entities
- BlackRock, Inc. (company) — Filer of the 10-K
- 0000950170-25-026584 (filing_id) — Accession Number for the 10-K filing
- 20250225 (date) — Filing date of the 10-K
- 20241231 (date) — Fiscal year end date
- 50 Hudson Yards, New York, NY 10001 (address) — Company's business and mailing address
FAQ
What is the primary business of BlackRock, Inc. as indicated in the filing?
BlackRock, Inc. is classified under the Standard Industrial Classification code 6211 as 'SECURITY BROKERS, DEALERS & FLOTATION COMPANIES'.
When did BlackRock, Inc. change its former name?
The company's former name was BlackRock Funding, Inc. /DE, and the date of the name change was 20240215.
What is the SEC file number for this 10-K filing?
The SEC file number for this filing is 001-42297.
Where is BlackRock, Inc. headquartered?
BlackRock, Inc. is headquartered at 50 Hudson Yards, New York, NY, with a ZIP code of 10001.
What is the accession number for this specific 10-K filing?
The accession number for this filing is 0000950170-25-026584.
From the Filing
0000950170-25-026584.txt : 20250225 0000950170-25-026584.hdr.sgml : 20250225 20250225155936 ACCESSION NUMBER: 0000950170-25-026584 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 181 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250225 DATE AS OF CHANGE: 20250225 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock, Inc. CENTRAL INDEX KEY: 0002012383 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 991116001 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-42297 FILM NUMBER: 25662846 BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: (212) 810-5800 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock Funding, Inc. /DE DATE OF NAME CHANGE: 20240215 10-K 1 blk-20241231.htm 10-K 10-K 0002012383 FY false http://fasb.org/us-gaap/2024#OtherAssets http://fasb.org/us-gaap/2024#OtherAssets http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense http://fasb.org/us-gaap/2024#BusinessCombinationContingentConsiderationLiabilityCurrent http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense http://fasb.org/us-gaap/2024#RealEstateFundsMember http://fasb.org/us-gaap/2024#RealEstateFundsMember 2025-03 2024-03 2025-03 2024-03 http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense http://fasb.org/us-gaap/2024#GeneralAndAdministrativeExpense http://fasb.org/us-gaap/2024#GeneralAndAdministrativeExpense http://fasb.org/us-gaap/2024#GeneralAndAdministrativeExpense http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense P11Y P5Y http://www.blackrock.com/20241231#AmortizationAndImpairmentOfIntangibleAssets 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 one year two year 2026-01-31 2025-01-31 P0Y P0Y 2027-05-30 2028-05-30 2029-05-30 2027-05-30 2028-05-30 2029-05-30 0 0 http://fasb.org/srt/2024#ChiefExecutiveOfficerMember 0002012383 us-gaap:CommonStockMember 2023-12-31 0002012383 us-gaap:EquityMethodInvestmentsMember srt:MaximumMember blk:HedgeFundsEquityOtherMember 2024-01-01 2024-12-31 0002012383 blk:FourPointSevenFivePercentNotesDueTwoThousandThirtyThreeMember 2024-01-01 2024-12-31 0002012383 2023-07-31 2023-07-31 0002012383 us-gaap:InvestmentPerformanceMember blk:LiquidAlternativesMember blk:AlternativeInvestmentsProductsMember 2024-01-01 2024-12-31 0002012383 blk:DeferredCompensationPlansMember blk:VoluntaryDeferredCompensationPlanMember 2024-01-01 2024-12-31 0002012383 us-gaap:FairValueInputsLevel3Member blk:RealAssetsFundsMember us-gaap:FairValueMeasurementsRecurringMember 2024-12-31 0002012383 us-gaap:FixedIncomeFundsMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2024-12-31 0002012383 us-gaap:RestrictedStockUnitsRSUMember us-gaap:ShareBasedCompensationAwardTrancheOneMember 2024-01-01 2024-12-31 0002012383 blk:FederalReserveBankStockMember 2024-12-31 0002012383 srt:AmericasMember 2023-01-01 2023-12-31 0002012383 blk:RevenueByInvestmentStyleMember blk:ActiveProductsMember 2023-01-01 2023-12-31 0002012383 us-gaap:DomesticCountryMember 2024-01-01 2024-12-31 0002012383 blk:GlobalInfrastructureManagementLLCMember blk:InvestorRelationshipMember 2024-12-31 0002012383 blk:TwoThousandTwentyFourRevolvingCreditFacilitiesMember 2024-01-01 2024-12-31 0002012383 2026-01-01 us-gaap:InvestmentAdviceMember 2024-12-31 0002012383 blk:CliffVestingRSUMember blk:GlobalInfrastructureManagementLLCMember 2024-10-01 2024-10-01 0002012383 blk:AcquiredManagementContractsIndefiniteLivedIntangibleAssetsMember 2024-12-31 0002012383 blk:Redeema