BLK
BlackRock, Inc.
BLK has lower modeled downside risk, despite its lower overall score.
FDS
FactSet Research Systems Inc.
FDS has the edge over BLK overall, supported by stronger valuation and stronger modeled upside.
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.
FDS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
FDS's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like FDS.
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.
FDS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 17x | $332 | — |
| Current | 23x | $332 | — |
| Cheap | 24x | $349 | +5.3% |
| Fair | 33x | $487 | +47% |
| Expensive | 38x | $560 | +69% |
Historical ranges are pointers, not guarantees.
FDS 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.
FDS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Moderate | |
| High |
Analysts expect earnings and revenue growth for FDS, 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.
FDS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $19.64 | +35% |
| Q3 2026 | $14.57 | -6.3% |
| Q2 2026 | $15.18 | +9.6% |
| Q1 2026 | $15.55 | +11% |
| Q4 2025 | $15.72 | +13% |
| Q3 2025 | $15.55 | +12% |
| Q2 2025 | $13.85 | +4.4% |
| Q1 2025 | $14.07 | +11% |
| Q4 2024 | $13.96 | +13% |
FDS 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 FDS 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 FDS on profitability, with a higher operating margin.
FDS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $634.7M | +6.3% |
| Q2 2026 | $622.9M | +6.4% |
| Q1 2026 | $611M | +7.1% |
| Q4 2025 | $607.6M | +6.9% |
| Q3 2025 | $596.9M | +6.2% |
| Q2 2025 | $585.5M | +5.9% |
| Q1 2025 | $570.7M | +4.5% |
| Q4 2024 | $568.7M | +4.9% |
FDS's revenue has grown year over year every quarter since late 2020: $635M last quarter, up 6.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | -5 points |
| Q2 2026 | 27% | -6.5 points |
| Q1 2026 | 30% | -2.2 points |
| Q4 2025 | 32% | -2 points |
| Q3 2025 | 30% | +7 points |
| Q2 2025 | 33% | -3.5 points |
| Q1 2025 | 33% | -0.8 points |
| Q4 2024 | 34% | -1.2 points |
FDS's operating margin was 25% last quarter, down 5 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'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.
FDS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $177.3M | -0.5% |
| Q2 2026 | $254M | +11% |
| Q1 2026 | $185.7M | +24% |
| Q4 2025 | $90.4M | +49% |
| Q3 2025 | $178.1M | +30% |
| Q2 2025 | $228.6M | +5.4% |
| Q1 2025 | $150.2M | +23% |
| Q4 2024 | $60.5M | -56% |
FDS has the edge over BLK on cash flow, with more consistent year-over-year improvement.
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 |
FDS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.2% | +421K shares |
| 1 year | -4.6% | -1.8M shares |
| 3 years | -5.9% | -2.3M shares |
| 5 years | -5.1% | -2M shares |
| Available history | -5.1% | -2M shares |
FDS has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $138M |
| Q2 2026 | $203.1M |
| Q1 2026 | $163M |
| Q4 2025 | $139.9M |
| Q3 2025 | $106.6M |
| Q2 2025 | $80.7M |
| Q1 2025 | $64.4M |
| Q4 2024 | $48.8M |
FDS spent $644M buying back its own shares over the past year, up 114% 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 the edge over FDS on leverage, with a lower net debt burden relative to earnings.
FDS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.3x | Healthy |
| Q2 2026 | 1.2x | Healthy |
| Q1 2026 | 1.2x | Healthy |
| Q4 2025 | 1.2x | Healthy |
| Q3 2025 | 1.1x | Healthy |
| Q2 2025 | 1.3x | Healthy |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.3x | Healthy |
FDS's net debt is about 1.3 years of its operating earnings (EBITDA), up from 1.1 years a year ago. Net leverage isn't a meaningful measure for financial services companies like FDS.
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).
FDS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.2 | Neutral |
| Stochastic | 83.5 | Overbought |
FDS's weekly RSI is 64 (neutral) and its Stochastic is 83 (overbought).
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.
FDS PE vs Financial Services Sector
| Metric | FDS | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 13x | 75% above |
| PE % | 17 | 63 | 46 pts below |
FDS 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 has the edge over FDS on trend strength, trading above more of its moving averages.
FDS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $306.1 | 8.4% above |
| 20 week MA | $287.2 | 15% above |
| 50 week MA | $259.4 | 28% above |
| 100 week MA | $330.2 | 0.5% above |
| 200 week MA | $382.9 | 13% below |
FDS has bounced recently, but its long-term trend is still down: it's above its 8-, 20-, 50- and 100-week averages, but 13% 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 finished higher in five of the last six years. It's up 12% so far in 2026.
FDS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $271.1 | $327.4 | +21% |
| 2021 | $327.4 | $479.5 | +46% |
| 2022 | $479.5 | $398.0 | -17% |
| 2023 | $398.0 | $477.1 | +20% |
| 2024 | $477.1 | $486.6 | +2% |
| 2025 | $486.6 | $292.1 | -40% |
| 2026 YTD | $292.1 | $331.7 | +14% |
FDS has the edge over BLK on returns for 2026, with the stronger performance.