BLK
BlackRock, Inc.
BLK has lower modeled downside risk, despite its lower overall score.
HDB
HDFC Bank Limited
HDB has the edge over BLK overall, supported by stronger valuation and stronger fundamentals.
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.
HDB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
HDB's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like HDB.
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.
HDB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 16x | $25.71 | — |
| Cheap | 19x | $30.82 | +20% |
| Fair | 23x | $37.39 | +45% |
| Expensive | 29x | $47.45 | +85% |
Historical ranges are pointers, not guarantees.
HDB 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.
HDB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Strong growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for HDB, but weaker profitability.
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.
HDB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $1.65 | +13% |
| Q1 2026 | $1.59 | +8.2% |
| Q4 2025 | $1.56 | +7.6% |
| Q3 2025 | $1.51 | +4.9% |
| Q2 2025 | $1.46 | +8.1% |
| Q1 2025 | $1.47 | +8.9% |
| Q4 2024 | $1.45 | +8.2% |
| Q3 2024 | $1.44 | +7.5% |
HDB 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 HDB on sales, with more consistent year-over-year improvement.
| 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 HDB on profitability, with a higher operating margin.
HDB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $14.3B | +0.8% |
| Q1 2026 | $12.7B | +72% |
| Q4 2025 | $13.7B | +14% |
| Q3 2025 | $12.9B | +33% |
| Q2 2025 | $14.2B | +14% |
| Q1 2025 | $7.3B | +0.5% |
| Q4 2024 | $12B | -2.5% |
| Q3 2024 | $9.6B | -16% |
HDB's revenue has grown year over year for six quarters in a row: $14.3B last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 20% | +4.8 points |
| Q1 2026 | 24% | +1.2 points |
| Q4 2025 | 21% | -0.1 points |
| Q3 2025 | 22% | -0.5 points |
| Q2 2025 | 16% | -3.8 points |
| Q1 2025 | 22% | +5.3 points |
| Q4 2024 | 21% | +2.9 points |
| Q3 2024 | 23% | +3.5 points |
HDB's operating margin was 20% last quarter, up 4.8 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 HDB on cash flow, with more consistent year-over-year improvement.
HDB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $18.4B | +$18.4B |
| Q4 2025 | $0 | $0 |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | $0 |
HDB's free cash flow was $18.4B over the past year, against $0 the year before. Free cash flow isn't a meaningful measure for financial services companies like HDB.
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 HDB 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 |
HDB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -2.6M shares |
| 1 year | +0.2% | +12.4M shares |
| 3 years | +37% | +1.4B shares |
| 5 years | +39% | +1.5B shares |
| Available history | +39% | +1.5B shares |
HDB has 5.1B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
HDB hasn't bought back shares in the past year.
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 HDB on leverage, with a lower net debt burden relative to earnings.
HDB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.0x | Elevated |
| Q1 2026 | 2.6x | Moderate |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 4.8x | High |
| Q2 2025 | 4.8x | High |
| Q1 2025 | 5.1x | High |
| Q4 2024 | 5.3x | High |
| Q3 2024 | 7.1x | High |
HDB's net debt is about 3.0 years of its operating earnings (EBITDA), down from 4.8 years a year ago. Net leverage isn't a meaningful measure for financial services companies like HDB.
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).
HDB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.2 | Neutral |
| Stochastic | 68.2 | Neutral |
HDB's weekly RSI is 55 (neutral) and its Stochastic is 68 (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.
HDB PE vs Financial Services Sector
| Metric | HDB | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 13x | 20% above |
| PE % | 5 | 63 | 58 pts below |
HDB 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 HDB on trend strength, trading above more of its moving averages.
HDB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $23.3 | 10% above |
| 20 week MA | $23.8 | 8.1% above |
| 50 week MA | $27.0 | 4.9% below |
| 100 week MA | $30.9 | 17% below |
| 200 week MA | $31.1 | 17% below |
HDB has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 17% 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 HDB on returns for 2026, with the stronger performance.
HDB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $31.6 | $34.8 | +10% |
| 2021 | $34.8 | $31.6 | -9.1% |
| 2022 | $31.6 | $33.4 | +5.7% |
| 2023 | $33.4 | $33.6 | +0.4% |
| 2024 | $33.6 | $32.3 | -3.8% |
| 2025 | $32.3 | $36.5 | +13% |
| 2026 YTD | $36.5 | $25.7 | -29% |
HDB has finished higher in four of the last six years. It's down 29% so far in 2026.