BlackRock (WBO:BLK) Selling and Marketing Expense : €320 Mil (TTM As of Mar. 2024)

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What is BlackRock Selling and Marketing Expense?

Selling and Marketing Expense is the aggregate total amount of expenses directly related to the marketing or selling of products or services. BlackRock's Selling and Marketing Expense for the three months ended in Mar. 2024 was €75 Mil. Its Selling and Marketing Expense for the trailing twelve months (TTM) ended in Mar. 2024 was €320 Mil.

BlackRock Selling and Marketing Expense Historical Data

The historical data trend for BlackRock's Selling and Marketing Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BlackRock Selling and Marketing Expense Chart

BlackRock Annual Data

Trend

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Selling and Marketing Expense

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315.00

188.24

210.63

312.46

315.45

BlackRock Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Selling and Marketing Expense	Get a 7-Day Free Trial															69.12	75.69	76.83	91.70	75.44

BlackRock Selling and Marketing Expense Calculation

Selling and Marketing Expense is the aggregate total amount of expenses directly related to the marketing or selling of products or services.

Selling and Marketing Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €320 Mil.

BlackRock Selling and Marketing Expense Related Terms

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BlackRock (WBO:BLK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Inc (WBO:BLK) » Definitions » Selling and Marketing Expense

Comparable Companies

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Address

50 Hudson Yards, New York, NY, USA, 10001

Website

https://www.blackrock.com

BlackRock is the largest asset manager in the world, with $9.101 trillion in AUM at the end of September 2023. Product mix is fairly diverse, with 52% of the firm's managed assets in equity strategies, 28% in fixed income, 9% in multi-asset class, 8% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is also geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the U.S. and Canada.