Earnings Per Share

9 Months Ended

Sep. 30, 2024

22. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (“EPS”) for the three and nine months ended September 30, 2024 and 2023 under the treasury stock method:


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(in millions, except shares and per share data)	2024		2023		2024		2023
Net income attributable to BlackRock, Inc.	$	1,631	$	1,604	$	4,699	$	4,127
Basic weighted-average shares outstanding		148,049,700		149,155,258		148,392,684		149,553,652
Dilutive effect of:
Nonparticipating RSUs		1,008,145		930,202		915,630		900,643
Stock options		550,730		419,683		487,644		407,728
Total diluted weighted-average shares outstanding		149,608,575		150,505,143		149,795,958		150,862,023
Basic earnings per share	$	11.02	$	10.75	$	31.67	$	27.60
Diluted earnings per share	$	10.90	$	10.66	$	31.37	$	27.36

There were no anti-dilutive shares and an immaterial amount of anti-dilutive shares for the three and nine months ended September 30, 2024, respectively. For the three and nine months ended September 30, 2023, 328,319 and 149,684 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 RSUs and options were excluded from the diluted EPS calculation because the designated contingencies were not met.