BLK
BlackRock, Inc.
BLK's fundamentals are mixed, but it looks expensive: trading at 28x earnings, above its usual 22x.
EQS
Equus Total Return, Inc.
There isn't enough reported data to score EQS yet.
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.
EQS Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Under pressure | |
| N/A | |
| N/A |
EQS's profitability is currently under pressure. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like EQS.
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.
EQS PE Valuation
EQS has no meaningful PE right now: it lost money over the past year.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
EQS Forward outlook
There aren't enough analyst estimates for EQS to show an outlook.
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 has the edge over EQS on earnings quality, reporting a profit while its opponent remains loss making.
EQS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$1.36 | -$0.12 |
| Q1 2026 | -$1.04 | -$0.10 |
| Q4 2025 | -$1.03 | +$0.33 |
| Q3 2025 | -$1.13 | -$0.63 |
| Q2 2025 | -$1.24 | -272% |
| Q1 2025 | -$0.94 | -208% |
| Q4 2024 | -$1.36 | -242% |
| Q3 2024 | -$0.50 | -162% |
EQS lost $1.36 per share over the past year, about the same as its loss the year before.
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 stronger quarterly revenue trend. Revenue is up 19% for BLK versus down 29% for EQS.
| 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 EQS on profitability, with a higher operating margin.
EQS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2021 | $1.4M | -58% |
EQS's revenue is shrinking: $990,000 last quarter, down 29% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -455% | N/A |
| Q1 2026 | 78% | N/A |
| Q4 2021 | 15% | N/A |
| Q3 2021 | 67% | N/A |
| Q2 2021 | 46% | -31 points |
| Q1 2021 | 23% | N/A |
| Q2 2020 | 77% | N/A |
| Q3 2019 | 52% | N/A |
EQS's operating margin was −455% last quarter, down 501 points from the same quarter a year ago, near the bottom of its range since 2019.
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 stronger cash trend. Its trailing FCF is up 20% versus its history, compared with EQS at down 275%.
EQS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q1 2026 | $7K | +$1.6M |
| Q4 2025 | -$196K | -100% |
| Q1 2025 | -$1.6M | +$9.8M |
| Q4 2024 | $53.6M | +$87.5M |
| Q3 2024 | -$1.8M | +$5.9M |
| Q2 2024 | -$2.1M | +$2.1M |
| Q1 2024 | -$11.4M | -$5.9M |
| Q4 2023 | -$33.9M | -$31.1M |
EQS's free cash flow was −$7M over the past year, against $38M the year before. Free cash flow isn't a meaningful measure for financial services companies like EQS.
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 EQS 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 |
EQS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -19% | -3.3M shares |
| 1 year | +2.8% | +381K shares |
| 3 years | +3.3% | +449K shares |
| 5 years | +3.3% | +449K shares |
| Available history | +3.3% | +449K shares |
EQS has 14M diluted shares, up 2.8% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
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.
EQS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2021 | -8.0x | Net Cash |
| Q4 2019 | 7.7x | High |
| Q3 2019 | 6.9x | High |
EQS has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like EQS.
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).
EQS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 26.5 | Oversold |
| Stochastic | 6.9 | Oversold |
EQS's weekly RSI is 26 (oversold) and its Stochastic is 7 (oversold).
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.
EQS PE vs Financial Services Sector
| Metric | EQS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
EQS has no meaningful PE right now: it lost money over the past year.
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 EQS on trend strength, trading above more of its moving averages.
EQS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.78 | 31% below |
| 20 week MA | $0.98 | 45% below |
| 50 week MA | $1.26 | 57% below |
| 100 week MA | $1.36 | 60% below |
| 200 week MA | $1.41 | 62% below |
EQS is in a downtrend: it's below all five of its weekly moving averages, and 62% below 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 the edge over EQS on returns for 2026, with the stronger performance.
EQS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.67 | $2.18 | +31% |
| 2021 | $2.18 | $2.36 | +8.3% |
| 2022 | $2.36 | $1.63 | -31% |
| 2023 | $1.63 | $1.45 | -11% |
| 2024 | $1.45 | $1.10 | -24% |
| 2025 | $1.10 | $1.66 | +51% |
| 2026 YTD | $1.66 | $0.54 | -67% |
EQS has finished lower in three of the last six years. It's down 67% so far in 2026.