v3.25.2
Earnings Per Share
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share

24. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (“EPS”) for the three and six months ended June 30, 2025 and 2024 under the treasury stock method:

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

(in millions, except shares and per share data)

2025

 

 

2024

 

 

2025

 

 

2024

 

Net income attributable to BlackRock, Inc.

$

1,593

 

 

$

1,495

 

 

$

3,103

 

 

$

3,068

 

Basic weighted-average shares outstanding

 

154,868,992

 

 

 

148,442,950

 

 

 

154,953,413

 

 

 

148,566,061

 

Dilutive effect of:

 

 

 

 

 

 

 

 

 

 

 

   Nonparticipating RSUs

 

987,101

 

 

 

794,413

 

 

 

1,049,052

 

 

 

869,374

 

   Stock options

 

397,762

 

 

 

420,526

 

 

 

440,004

 

 

 

456,100

 

Total diluted weighted-average shares
   outstanding

 

156,253,855

 

 

 

149,657,889

 

 

 

156,442,469

 

 

 

149,891,535

 

Basic earnings per share

$

10.29

 

 

$

10.07

 

 

$

20.03

 

 

$

20.65

 

Diluted earnings per share

$

10.19

 

 

$

9.99

 

 

$

19.83

 

 

$

20.47

 

 

The amount of anti-dilutive shares was immaterial for the three and six months ended June 30, 2025. For the three and six months ended June 30, 2024, 409,298 and 372,282 shares, primarily related to stock options, respectively, were excluded from the calculation of diluted EPS because to include them would have an anti-dilutive effect. Certain performance-based awards were excluded from the diluted EPS calculation because the designated contingencies were not met.