BLK
BlackRock, Inc.
BLK offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
CB
Chubb Limited
CB has the edge over BLK overall, supported by stronger valuation and lower modeled downside.
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.
CB Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
CB'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 CB.
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.
CB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $317 | -15% |
| Fair | 13x | $363 | -2.3% |
| Current | 13x | $372 | — |
| Forward | 13x | $372 | — |
| Expensive | 16x | $457 | +23% |
Historical ranges are pointers, not guarantees.
CB has the edge over BLK in the historical PE scenario, which offers more potential upside but is not a forecast.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
CB Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Stable | |
| Improving | |
| Moderate | |
| Moderate |
Analysts expect CB's earnings to grow and its profitability to improve, with its revenue holding steady.
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.
CB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $28.98 | +1.6% |
| Q3 2026 | $28.53 | +19% |
| Q2 2026 | $28.22 | +25% |
| Q1 2026 | $28.27 | +36% |
| Q4 2025 | $25.68 | +13% |
| Q3 2025 | $23.94 | -1.8% |
| Q2 2025 | $22.65 | -4.2% |
| Q1 2025 | $20.76 | -7.7% |
| Q4 2024 | $22.70 | +4.1% |
CB has the edge over BLK on earnings, with more consistent year-over-year improvement.
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 CB 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 has the edge over CB on profitability, with a higher operating margin.
CB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $16.2B | +0.3% |
| Q2 2026 | $15.8B | +6.6% |
| Q1 2026 | $14.8B | +11% |
| Q4 2025 | $15.1B | +6.3% |
| Q3 2025 | $16.1B | +8.7% |
| Q2 2025 | $14.8B | +7.2% |
| Q1 2025 | $13.4B | +3.6% |
| Q4 2024 | $14.2B | +9.1% |
CB's revenue has grown year over year for 18 quarters in a row: $16.2B last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 21% | -3.1 points |
| Q2 2026 | 23% | -2.1 points |
| Q1 2026 | 20% | +7.8 points |
| Q4 2025 | 25% | +3 points |
| Q3 2025 | 24% | +3.9 points |
| Q2 2025 | 25% | +5.5 points |
| Q1 2025 | 12% | -8 points |
| Q4 2024 | 22% | +1.9 points |
CB's operating margin was 21% last quarter, down 3.1 points from the same quarter a year ago.
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 CB on cash flow, with more consistent year-over-year improvement.
CB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $6.1B | +67% |
| Q2 2026 | $3.7B | +5% |
| Q1 2026 | $3.9B | +152% |
| Q4 2025 | $4.1B | -11% |
| Q3 2025 | $3.6B | -16% |
| Q2 2025 | $3.6B | -13% |
| Q1 2025 | $1.6B | -51% |
| Q4 2024 | $4.6B | +43% |
CB's free cash flow was $17.8B over the past year, up 34% from the year before. Free cash flow isn't a meaningful measure for financial services companies like CB.
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 |
CB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -1.9M shares |
| 1 year | -2.9% | -11.5M shares |
| 3 years | -5.6% | -23.2M shares |
| 5 years | -11% | -49.1M shares |
| Available history | -15% | -69.5M shares |
CB has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1B |
| Q2 2026 | $1.1B |
| Q1 2026 | $1.2B |
| Q4 2025 | $1.2B |
| Q3 2025 | $1.1B |
| Q2 2025 | $746M |
| Q1 2025 | $691M |
| Q4 2024 | $450M |
CB spent $4.4B buying back its own shares over the past year, up 50% from the year before.
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.
CB Net Leverage
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).
CB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 66.4 | Neutral |
| Stochastic | 78.5 | Neutral |
CB's weekly RSI is 66 (neutral) and its Stochastic is 78 (neutral).
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.
CB PE vs Financial Services Sector
| Metric | CB | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | 0.1% above |
| PE % | 56 | 63 | 7 pts below |
CB has the edge over BLK on valuation relative to its sector.
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.
CB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $352.7 | 5.4% above |
| 20 week MA | $349.4 | 6.4% above |
| 50 week MA | $332.3 | 12% above |
| 100 week MA | $306.4 | 21% above |
| 200 week MA | $271.1 | 37% above |
CB is in an uptrend: it's above all five of its weekly moving averages, and 37% above its 200-week average.
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.
CB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $155.8 | $150.8 | -3.2% |
| 2021 | $150.8 | $190.6 | +26% |
| 2022 | $190.6 | $219.7 | +15% |
| 2023 | $219.7 | $226.0 | +2.9% |
| 2024 | $226.0 | $277.7 | +23% |
| 2025 | $277.7 | $313.5 | +13% |
| 2026 YTD | $313.5 | $371.8 | +19% |
CB has the edge over BLK on returns for 2026, with the stronger performance.