ALL
The Allstate Corporation
ALL has the edge over BLK overall, supported by stronger valuation.
BLK
BlackRock, Inc.
BLK has slightly lower modeled downside risk, despite its lower overall score.
ALL Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
ALL's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like ALL.
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.
ALL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 6x | $267 | — |
| Cheap | 6.2x | $274 | +2.6% |
| Forward | 9.1x | $267 | — |
| Fair | 10x | $450 | +69% |
| Expensive | 16x | $726 | +172% |
Historical ranges are pointers, not guarantees.
ALL 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.
ALL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Stable | |
| Weakening | |
| Moderate | |
| Low |
Analysts expect ALL's profitability to weaken, with its earnings and revenue holding steady. However, they disagree widely on these estimates.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
ALL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $29.22 | -34% |
| Q3 2026 | $44.16 | +43% |
| Q2 2026 | $50.08 | +135% |
| Q1 2026 | $45.33 | +210% |
| Q4 2025 | $38.19 | +125% |
| Q3 2025 | $30.89 | +100% |
| Q2 2025 | $21.27 | +94% |
| Q1 2025 | $14.64 | +223% |
| Q4 2024 | $16.99 | +$18.23 |
ALL 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.
ALL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $17.3B | +0.5% |
| Q2 2026 | $18.6B | +12% |
| Q1 2026 | $16.9B | +3% |
| Q4 2025 | $17.3B | +5.1% |
| Q3 2025 | $17.3B | +3.8% |
| Q2 2025 | $16.6B | +5.8% |
| Q1 2025 | $16.5B | +7.8% |
| Q4 2024 | $16.5B | +11% |
ALL's revenue has grown year over year for 17 quarters in a row: $17.3B last quarter, about level with 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 has the edge over ALL on sales, with stronger typical year-over-year growth.
| 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.
ALL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +15% |
| Q2 2026 | $2.6B | +38% |
| Q1 2026 | $3.5B | +88% |
| Q4 2025 | $2.9B | +75% |
| Q3 2025 | $3.2B | +3.1% |
| Q2 2025 | $1.9B | -19% |
| Q1 2025 | $1.9B | +15% |
| Q4 2024 | $1.7B | +43% |
ALL has the edge over BLK on cash flow, with more consistent year-over-year improvement.
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's free cash flow was $4.8B over the past year, up 22% from the year before. Free cash flow isn't a meaningful measure for financial services companies like BLK.
ALL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.5% | -3.8M shares |
| 1 year | -4.2% | -11.1M shares |
| 3 years | -2.5% | -6.5M shares |
| 5 years | -14% | -42.6M shares |
| Available history | -23% | -78.2M shares |
ALL has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.2B |
| Q2 2026 | $1.1B |
| Q1 2026 | $614M |
| Q4 2025 | $434M |
| Q3 2025 | $360M |
| Q2 2025 | $340M |
| Q1 2025 | $99M |
| Q4 2024 | $2M |
ALL spent $3.3B buying back its own shares over the past year, about four times what it spent 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 165M diluted shares, about the same as a year ago.
| 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 |
ALL 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.
ALL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.7 | Neutral |
| Stochastic | 67.9 | Neutral |
ALL's weekly RSI is 63 (neutral) and its Stochastic is 68 (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).
ALL PE vs Financial Services Sector
| Metric | ALL | Sector median | Relative |
|---|---|---|---|
| PE | 6x | 13x | 54% below |
| PE % | 15 | 63 | 48 pts below |
ALL 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.
ALL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $245.4 | 8.7% above |
| 20 week MA | $252.3 | 5.7% above |
| 50 week MA | $227.0 | 17% above |
| 100 week MA | $213.2 | 25% above |
| 200 week MA | $179.8 | 48% above |
ALL is in an uptrend: it's above all five of its weekly moving averages, and 48% 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 is in an uptrend: it's above all five of its weekly moving averages, and 33% above its 200-week average.
ALL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $111.9 | $107.2 | -4.2% |
| 2021 | $107.2 | $114.1 | +6.5% |
| 2022 | $114.1 | $136.4 | +19% |
| 2023 | $136.4 | $140.0 | +2.6% |
| 2024 | $140.0 | $193.8 | +38% |
| 2025 | $193.8 | $207.8 | +7.2% |
| 2026 YTD | $207.8 | $266.7 | +28% |
ALL has the edge over BLK on returns for 2026, with the stronger performance.
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 finished higher in five of the last six years. It's up 12% so far in 2026.