ABX
Abacus Global Management, Inc.
ABX has the edge over BLK overall, supported by stronger valuation and stronger fundamentals.
BLK
BlackRock, Inc.
BLK has lower modeled downside risk, despite its lower overall score.
ABX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
ABX's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like ABX.
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.
ABX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 7.7x | $8.78 | — |
| Cheap | 25x | $6.77 | -23% |
| Fair | 32x | $8.54 | -2.7% |
| Current | 33x | $8.78 | — |
| Expensive | 209x | $56.46 | +543% |
Historical ranges are pointers, not guarantees.
ABX 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.
ABX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for ABX, with profitability holding steady.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
ABX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.14 | +324% |
| Q2 2026 | $0.27 | +$0.37 |
| Q1 2026 | $0.38 | +$0.65 |
| Q4 2025 | $0.36 | +$0.70 |
| Q3 2025 | $0.04 | +$0.26 |
| Q2 2025 | -$0.10 | +$0.04 |
| Q1 2025 | -$0.27 | -$0.25 |
ABX has the edge over BLK on earnings, with more consistent year-over-year improvement.
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.
ABX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $73M | +30% |
| Q1 2026 | $59.4M | +35% |
| Q4 2025 | $71.9M | +116% |
| Q3 2025 | $63M | +124% |
| Q2 2025 | $56.2M | +93% |
| Q1 2025 | $44.1M | +105% |
| Q4 2024 | $33.2M | +40% |
| Q3 2024 | $28.1M | +33% |
ABX has the edge over BLK on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 29% | -11 points |
| Q1 2026 | 31% | -17 points |
| Q4 2025 | 32% | +82 points |
| Q3 2025 | 36% | +11 points |
| Q2 2025 | 40% | +17 points |
| Q1 2025 | 48% | +37 points |
| Q4 2024 | -50% | -59 points |
| Q3 2024 | 24% | -5.5 points |
ABX's operating margin was 29% last quarter, down 11 points from the same quarter a year ago.
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 has the edge over ABX on profitability, with a higher operating margin.
ABX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $38.4M | -49% |
| Q1 2026 | $91.6M | +$153.4M |
| Q4 2025 | -$7.6M | +$84.6M |
| Q3 2025 | -$32.9M | +$19.6M |
| Q2 2025 | $75.7M | +$142.7M |
| Q1 2025 | -$61.8M | -3036% |
| Q4 2024 | -$92.2M | -$78.7M |
| Q2 2024 | -$67M | -$29.1M |
ABX's free cash flow was $89M over the past year, against −$131M the year before. Free cash flow isn't a meaningful measure for financial services companies like ABX.
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 ABX on cash flow, with more consistent year-over-year improvement.
ABX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.1% | -1.1M shares |
| 1 year | +1.1% | +1.1M shares |
| 3 years | +128% | +55.3M shares |
ABX has 98M diluted shares, up 1.1% from a year ago, despite $33M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | $9.9M |
| Q1 2026 | $14.5M |
| Q4 2025 | $5.5M |
| Q3 2025 | $3.2M |
| Q2 2025 | $35.1M |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
ABX spent $33M buying back its own shares over the past year, down 5.6% 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 ABX 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 |
ABX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.0x | Elevated |
| Q1 2026 | 2.8x | Moderate |
| Q4 2025 | 3.4x | Elevated |
| Q3 2025 | 4.9x | High |
| Q2 2025 | -1.5x | Net Cash |
| Q1 2025 | -1.5x | Net Cash |
| Q4 2024 | -18.7x | Net Cash |
| Q3 2024 | -0.2x | Net Cash |
ABX's net debt is about 3.0 years of its operating earnings (EBITDA), after holding more cash than debt a year ago. Net leverage isn't a meaningful measure for financial services companies like ABX.
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 the edge over ABX on leverage, with a lower net debt burden relative to earnings.
ABX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.3 | Neutral |
| Stochastic | 35.8 | Neutral |
ABX's weekly RSI is 48 (neutral) and its Stochastic is 36 (neutral).
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).
ABX PE vs Financial Services Sector
| Metric | ABX | Sector median | Relative |
|---|---|---|---|
| PE | 33x | 13x | 150% above |
| PE % | 53 | 62 | 9 pts below |
ABX is trading at 33x earnings, a 150% premium to the Financial Services sector's median of 13x.
BLK PE vs Financial Services Sector
| Metric | BLK | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 113% above |
| PE % | 97 | 63 | 34 pts above |
BLK has the edge over ABX on valuation relative to its sector.
ABX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.36 | 5% above |
| 20 week MA | $9.35 | 6.1% below |
| 50 week MA | $8.97 | 2.1% below |
| 100 week MA | $7.90 | 11% above |
| 200 week MA | $8.72 | 0.7% above |
ABX's trend is mixed: it's above three of its five weekly moving averages, and 0.7% above 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 ABX on trend strength, trading above more of its moving averages.
ABX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.76 | $9.98 | +2.3% |
| 2021 | $9.98 | $9.86 | -1.2% |
| 2022 | $9.86 | $10.1 | +2.5% |
| 2023 | $10.1 | $9.66 | -4.5% |
| 2024 | $9.66 | $7.75 | -20% |
| 2025 | $7.75 | $8.50 | +9.7% |
| 2026 YTD | $8.50 | $8.78 | +3.3% |
ABX has finished lower in three of the last six years. It's up 3.3% 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 ABX on returns for 2026, with the stronger performance.