BLK
BlackRock, Inc.
BLK offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
FBIZ
First Business Financial Services, Inc.
FBIZ has the edge over BLK overall, supported by stronger modeled upside and stronger valuation.
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.
FBIZ Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
FBIZ's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like FBIZ.
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.
FBIZ PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.5x | $50.79 | -32% |
| Fair | 8.6x | $58.61 | -22% |
| Expensive | 10x | $68.55 | -8.7% |
| Current | 11x | $75.07 | — |
| Forward | 11x | $75.07 | — |
Historical ranges are pointers, not guarantees.
FBIZ's PE is in its expensive range at 11.0x. If earnings grow as analysts expect, today's price would be 10.6x next year's earnings.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
FBIZ Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for FBIZ, with profitability improving.
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.
FBIZ Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.06 | +3.7% |
| Q3 2026 | $6.81 | +12% |
| Q2 2026 | $6.56 | +17% |
| Q1 2026 | $6.07 | +10% |
| Q4 2025 | $5.95 | +14% |
| Q3 2025 | $6.08 | +30% |
| Q2 2025 | $5.62 | +22% |
| Q1 2025 | $5.50 | +27% |
| Q4 2024 | $5.22 | +20% |
FBIZ 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 FBIZ 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.
FBIZ Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $47.5M | +6.7% |
| Q2 2026 | $46.7M | +14% |
| Q1 2026 | $44.3M | +8.5% |
| Q4 2025 | $42.2M | +2.6% |
| Q3 2025 | $44.5M | +17% |
| Q2 2025 | $41M | +8.1% |
| Q1 2025 | $40.8M | +13% |
| Q4 2024 | $41.2M | +12% |
FBIZ's revenue has grown year over year for 19 quarters in a row: $48M last quarter, up 6.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 41% | +1.9 points |
| Q2 2026 | 36% | +3.4 points |
| Q1 2026 | 32% | -0.5 points |
| Q4 2025 | 38% | +1.3 points |
| Q3 2025 | 39% | +5.2 points |
| Q2 2025 | 33% | 0 points |
| Q1 2025 | 33% | +3.7 points |
| Q4 2024 | 37% | +3.1 points |
FBIZ has the edge over BLK on profitability, with a higher operating margin.
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.
FBIZ Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $5.2M | -72% |
| Q2 2026 | $43.6M | +181% |
| Q1 2026 | $2.9M | -74% |
| Q4 2025 | $16.1M | -27% |
| Q3 2025 | $18.3M | +27% |
| Q2 2025 | $15.5M | +23% |
| Q1 2025 | $11.2M | +35% |
| Q4 2024 | $21.9M | +68% |
FBIZ's free cash flow was $68M over the past year, up 1.4% from the year before. Free cash flow isn't a meaningful measure for financial services companies like FBIZ.
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 FBIZ 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 |
FBIZ Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +37.9K shares |
| 1 year | +0.9% | +74.5K shares |
| 3 years | +1.7% | +138K shares |
| 5 years | -1.1% | -94.1K shares |
| Available history | -3.2% | -269K shares |
FBIZ has 8M diluted shares, up 0.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $849,000 |
| Q2 2026 | $878,000 |
| Q1 2026 | $811,000 |
| Q4 2025 | $16,000 |
| Q3 2025 | $11,000 |
| Q2 2025 | $586,000 |
| Q1 2025 | $777,000 |
| Q4 2024 | $13,000 |
FBIZ spent $3M buying back its own shares over the past year, up 84% 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.
FBIZ Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.3x | Net Cash |
| Q2 2026 | -2.4x | Net Cash |
| Q1 2026 | -2.1x | Net Cash |
| Q4 2025 | -0.6x | Net Cash |
| Q3 2025 | -0.7x | Net Cash |
| Q2 2025 | -2.1x | Net Cash |
| Q1 2025 | -3.0x | Net Cash |
| Q4 2024 | -2.9x | Net Cash |
FBIZ has the edge over BLK on leverage, with a lower net debt burden relative to earnings.
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).
FBIZ Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.6 | Neutral |
| Stochastic | 67.1 | Neutral |
FBIZ's weekly RSI is 69 (neutral) and its Stochastic is 67 (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.
FBIZ PE vs Financial Services Sector
| Metric | FBIZ | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 15% below |
| PE % | 96 | 63 | 33 pts above |
FBIZ 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.
FBIZ Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $72.3 | 3.8% above |
| 20 week MA | $70.4 | 6.7% above |
| 50 week MA | $62.1 | 21% above |
| 100 week MA | $55.8 | 35% above |
| 200 week MA | $45.8 | 64% above |
FBIZ is in an uptrend: it's above all five of its weekly moving averages, and 64% 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.
FBIZ Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $26.2 | $18.2 | -30% |
| 2021 | $18.2 | $28.8 | +58% |
| 2022 | $28.8 | $36.5 | +27% |
| 2023 | $36.5 | $40.1 | +10% |
| 2024 | $40.1 | $45.9 | +14% |
| 2025 | $45.9 | $55.4 | +21% |
| 2026 YTD | $55.4 | $75.1 | +35% |
FBIZ has the edge over BLK on returns for 2026, with the stronger performance.