AB
AllianceBernstein Holding L.P.
AB has the edge over BLK overall, supported by stronger valuation and stronger modeled upside.
BLK
BlackRock, Inc.
BLK offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
AB Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Strong | |
| N/A | |
| N/A |
AB's profitability is currently strong. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like AB.
BLK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
BLK's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BLK.
AB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 9.5x | $33.60 | — |
| Cheap | 10x | $35.15 | +4.6% |
| Current | 10x | $33.60 | — |
| Fair | 12x | $40.78 | +21% |
| Expensive | 14x | $47.54 | +41% |
Historical ranges are pointers, not guarantees.
AB has the edge over BLK in the historical PE scenario, which offers more potential upside but is not a forecast.
BLK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $848 | -30% |
| Fair | 22x | $973 | -20% |
| Expensive | 26x | $1,149 | -5.5% |
| Current | 28x | $1,217 | — |
Historical ranges are pointers, not guarantees.
BLK's PE is in its expensive range at 28x.
AB Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Stable | |
| Strong growth | |
| Weakening | |
| Limited | |
| High |
Analysts expect AB's revenue to grow, but its profitability to weaken.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
AB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.55 | +6.1% |
| Q3 2026 | $3.35 | +11% |
| Q2 2026 | $3.35 | -0.3% |
| Q1 2026 | $3.22 | -13% |
| Q4 2025 | $2.97 | -20% |
| Q3 2025 | $3.03 | -13% |
| Q2 2025 | $3.36 | +17% |
| Q1 2025 | $3.71 | +53% |
| Q4 2024 | $3.71 | +59% |
AB has the edge over BLK on earnings, with stronger typical year-over-year growth.
BLK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $43.87 | +11% |
| Q2 2026 | $41.73 | -0.4% |
| Q1 2026 | $39.73 | -4.7% |
| Q4 2025 | $35.31 | -17% |
| Q3 2025 | $39.42 | -2.7% |
| Q2 2025 | $41.89 | +4% |
| Q1 2025 | $41.69 | +5.9% |
| Q4 2024 | $42.53 | +16% |
BLK earned $43.87 per share over the past year, up 11% from the year before.
AB Quarterly Revenue
AB and BLK do not have enough comparable growth data to identify a winner.
BLK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $7.8B | +19% |
| Q2 2026 | $7.1B | +31% |
| Q1 2026 | $6.7B | +27% |
| Q4 2025 | $7B | +23% |
| Q3 2025 | $6.5B | +25% |
| Q2 2025 | $5.4B | +13% |
| Q1 2025 | $5.3B | +12% |
| Q4 2024 | $5.7B | +23% |
BLK's revenue has grown year over year for 13 quarters in a row: $7.8B last quarter, up 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | 0 points |
| Q2 2026 | 35% | +2.8 points |
| Q1 2026 | 42% | +9.8 points |
| Q4 2025 | 24% | -13 points |
| Q3 2025 | 30% | -8.6 points |
| Q2 2025 | 32% | -5.5 points |
| Q1 2025 | 32% | -3.6 points |
| Q4 2024 | 37% | +2.3 points |
BLK's operating margin was 30% last quarter, about level with the same quarter a year ago, near the bottom of its range since 2019.
AB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $76.4M | +7.2% |
| Q2 2026 | $76.9M | -13% |
| Q1 2026 | $88.5M | -23% |
| Q4 2025 | $77.2M | -12% |
| Q3 2025 | $71.2M | -12% |
| Q2 2025 | $88.7M | +5.2% |
| Q1 2025 | $115.3M | +31% |
| Q4 2024 | $87.5M | +20% |
AB's free cash flow was $319M over the past year, down 12% from the year before. Free cash flow isn't a meaningful measure for financial services companies like AB.
BLK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.6B | +95% |
| Q2 2026 | $1.1B | -12% |
| Q1 2026 | -$1.1B | +$120M |
| Q4 2025 | $2.1B | -15% |
| Q2 2025 | $1.3B | -6.1% |
| Q1 2025 | -$1.2B | -$734M |
| Q4 2024 | $2.5B | +35% |
| Q2 2024 | $1.4B | +47% |
BLK has the edge over AB on cash flow, with more consistent year-over-year improvement.
AB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -1.1M shares |
| 1 year | +1% | +938K shares |
| 3 years | -18% | -19.9M shares |
| 5 years | -6.9% | -6.8M shares |
| Available history | -6.4% | -6.3M shares |
AB has 92M diluted shares, up 1% from a year ago, despite $90M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $38.3M |
| Q2 2026 | $16.9M |
| Q1 2026 | $4.7M |
| Q4 2025 | $29.8M |
| Q3 2025 | $3.9M |
| Q2 2025 | $12.3M |
| Q1 2025 | $26.1M |
| Q4 2024 | — |
AB spent $90M buying back its own shares over the past year, up 112% from the year before.
BLK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -148K shares |
| 1 year | -0.4% | -677K shares |
| 3 years | +9.3% | +14M shares |
| 5 years | +6.2% | +9.6M shares |
| Available history | +4.4% | +7M shares |
BLK has the edge over AB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2025 | $396M |
| Q1 2025 | $657M |
| Q4 2024 | $386M |
| Q2 2024 | $519M |
| Q1 2024 | $634M |
| Q4 2023 | $384M |
| Q3 2023 | $396M |
| Q2 2023 | $383M |
AB Net Leverage
BLK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.0x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2024 | 0.2x | Very low |
| Q1 2024 | 0.3x | Very low |
| Q4 2023 | 0.1x | Very low |
BLK has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like BLK.
AB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.3 | Neutral |
| Stochastic | 13.3 | Oversold |
AB's weekly RSI is 32 (neutral) and its Stochastic is 13 (oversold).
BLK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.5 | Neutral |
| Stochastic | 79.0 | Neutral |
BLK's weekly RSI is 64 (neutral) and its Stochastic is 79 (neutral).
AB PE vs Financial Services Sector
| Metric | AB | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 13x | 23% below |
| PE % | 7 | 63 | 56 pts below |
AB has the edge over BLK on valuation relative to its sector.
BLK PE vs Financial Services Sector
| Metric | BLK | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 113% above |
| PE % | 97 | 63 | 34 pts above |
BLK is trading at 28x earnings, a 113% premium to the Financial Services sector's median of 13x.
AB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $34.8 | 3.4% below |
| 20 week MA | $36.0 | 6.7% below |
| 50 week MA | $37.6 | 11% below |
| 100 week MA | $38.3 | 12% below |
| 200 week MA | $36.0 | 6.7% below |
AB is in a downtrend: it's below all five of its weekly moving averages, and 6.7% below its 200-week average.
BLK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,128.0 | 7.9% above |
| 20 week MA | $1,108.9 | 9.7% above |
| 50 week MA | $1,071.6 | 14% above |
| 100 week MA | $1,051.1 | 16% above |
| 200 week MA | $914.1 | 33% above |
BLK has the edge over AB on trend strength, trading above more of its moving averages.
AB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.0 | $33.4 | +11% |
| 2021 | $33.4 | $49.0 | +47% |
| 2022 | $49.0 | $34.3 | -30% |
| 2023 | $34.3 | $31.0 | -9.5% |
| 2024 | $31.0 | $37.2 | +20% |
| 2025 | $37.2 | $39.2 | +5.2% |
| 2026 YTD | $39.2 | $33.6 | -14% |
AB has finished higher in four of the last six years. It's down 14% so far in 2026.
BLK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $503.0 | $707.2 | +41% |
| 2021 | $707.2 | $913.9 | +29% |
| 2022 | $913.9 | $703.9 | -23% |
| 2023 | $703.9 | $811.8 | +15% |
| 2024 | $811.8 | $1,044.2 | +29% |
| 2025 | $1,044.2 | $1,088.1 | +4.2% |
| 2026 YTD | $1,088.1 | $1,216.6 | +12% |
BLK has the edge over AB on returns for 2026, with the stronger performance.