BLK
BlackRock, Inc.
BLK has lower modeled downside risk, despite its lower overall score.
HG
Hamilton Insurance Group, Ltd.
HG 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.
HG Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
HG's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like HG.
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.
HG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.2x | $27.30 | -30% |
| Fair | 6.2x | $32.22 | -17% |
| Expensive | 6.8x | $35.17 | -9.2% |
| Current | 7.4x | $38.74 | — |
| Forward | 8.3x | $38.74 | — |
Historical ranges are pointers, not guarantees.
HG 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.
HG Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for HG, with profitability 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.
HG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.67 | -10% |
| Q3 2026 | $5.21 | +23% |
| Q2 2026 | $5.72 | +57% |
| Q1 2026 | $6.09 | +99% |
| Q4 2025 | $5.55 | +51% |
HG 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 HG 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 HG on profitability, with a higher operating margin.
HG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $828M | +24% |
| Q2 2026 | $839.6M | +13% |
| Q1 2026 | $758.9M | -1.3% |
| Q4 2025 | $728.3M | +28% |
| Q3 2025 | $667.7M | +30% |
| Q2 2025 | $740.8M | +26% |
| Q1 2025 | $768.8M | +17% |
| Q4 2024 | $570.5M | +15% |
HG's revenue is growing: $828M last quarter, up 24% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 27% | +0.4 points |
| Q2 2026 | 31% | -5.9 points |
| Q1 2026 | 29% | +4.9 points |
| Q4 2025 | 26% | +13 points |
| Q3 2025 | 27% | +15 points |
| Q2 2025 | 37% | +2 points |
| Q1 2025 | 24% | -18 points |
| Q4 2024 | 13% | -7 points |
HG's operating margin was 27% last quarter, about level with 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.
HG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $267.2M | -9.6% |
| Q2 2026 | $125.3M | -43% |
| Q1 2026 | $100.8M | +189% |
| Q4 2025 | $293.4M | +3.3% |
| Q3 2025 | $295.6M | +84% |
| Q2 2025 | $218.4M | +40% |
| Q1 2025 | $34.9M | -78% |
| Q4 2024 | $284.1M | +701% |
HG's free cash flow was $787M over the past year, down 5.5% from the year before. Free cash flow isn't a meaningful measure for financial services companies like HG.
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 |
HG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -178K shares |
| 1 year | -3.5% | -3.7M shares |
| 3 years | -8.3% | -9.1M shares |
HG has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3.1M |
| Q2 2026 | $22.2M |
| Q1 2026 | $33.1M |
| Q4 2025 | $20.2M |
| Q3 2025 | $40.5M |
| Q2 2025 | $35M |
| Q1 2025 | $16.9M |
| Q4 2024 | $27M |
HG spent $79M buying back its own shares over the past year, down 34% 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.
HG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -0.7x | Net Cash |
| Q1 2026 | -0.8x | Net Cash |
| Q4 2025 | -1.1x | Net Cash |
| Q3 2025 | -1.1x | Net Cash |
| Q2 2025 | -1.4x | Net Cash |
| Q1 2025 | -1.3x | Net Cash |
| Q4 2024 | -1.3x | Net Cash |
HG 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).
HG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.3 | Neutral |
| Stochastic | 74.2 | Neutral |
HG's weekly RSI is 68 (neutral) and its Stochastic is 74 (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.
HG PE vs Financial Services Sector
| Metric | HG | Sector median | Relative |
|---|---|---|---|
| PE | 7.4x | 13x | 43% below |
| PE % | 100 | 40 | 60 pts above |
HG 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 |
HG has stronger trend alignment. BLK is above 5 of 5 weekly averages versus HG above 4 of 4.
HG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $35.7 | 8.7% above |
| 20 week MA | $35.4 | 9.3% above |
| 50 week MA | $32.0 | 21% above |
| 100 week MA | $26.8 | 45% above |
HG is in an uptrend: it's above all four of its weekly moving averages, and 45% above its 100-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.
HG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2023 | $15.2 | $15.0 | -1.6% |
| 2024 | $15.0 | $18.7 | +25% |
| 2025 | $18.7 | $28.2 | +51% |
| 2026 YTD | $28.2 | $38.7 | +37% |
HG has the edge over BLK on returns for 2026, with the stronger performance.