BLK
BlackRock, Inc.
BLK's fundamentals are mixed, but it looks expensive: trading at 28x earnings, above its usual 22x.
HNNA
Hennessy Advisors, Inc.
There isn't enough reported data to score HNNA 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.
HNNA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
HNNA'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 HNNA.
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.
HNNA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8x | $8.37 | -17% |
| Current | 9.6x | $10.03 | — |
| Fair | 9.8x | $10.31 | +2.7% |
| Expensive | 11x | $11.43 | +14% |
Historical ranges are pointers, not guarantees.
HNNA 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.
HNNA Forward outlook
There aren't enough analyst estimates for HNNA 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 earned $43.87 per share over the past year, up 11% from the year before.
HNNA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $1.05 | -16% |
| Q1 2026 | $1.06 | -15% |
| Q4 2025 | $1.15 | +2.7% |
| Q3 2025 | $1.27 | +38% |
| Q2 2025 | $1.25 | +56% |
| Q1 2025 | $1.25 | +81% |
| Q4 2024 | $1.12 | +75% |
| Q3 2024 | $0.92 | +46% |
HNNA 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 HNNA 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's operating margin was 30% last quarter, about level with the same quarter a year ago, near the bottom of its range since 2019.
HNNA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $8.4M | +4.2% |
| Q1 2026 | $8.1M | -12% |
| Q4 2025 | $8.3M | -14% |
| Q3 2025 | $8.5M | -3.2% |
| Q2 2025 | $8.1M | +3.5% |
| Q1 2025 | $9.3M | +34% |
| Q4 2024 | $9.7M | +58% |
| Q3 2024 | $8.8M | +40% |
HNNA's revenue has slid since its 2019 peak: $8M last quarter, up 4.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 35% | -0.6 points |
| Q1 2026 | 32% | -5.1 points |
| Q4 2025 | 31% | -8.2 points |
| Q3 2025 | 35% | +2 points |
| Q2 2025 | 35% | +2.2 points |
| Q1 2025 | 37% | +9.6 points |
| Q4 2024 | 39% | +16 points |
| Q3 2024 | 33% | +5.4 points |
HNNA 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.
HNNA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $3.7M | -6% |
| Q1 2026 | $2.2M | -39% |
| Q4 2025 | $601K | -72% |
| Q3 2025 | $3.6M | +8.6% |
| Q2 2025 | $3.9M | +14% |
| Q1 2025 | $3.7M | +103% |
| Q4 2024 | $2.1M | +472% |
| Q3 2024 | $3.3M | +37% |
HNNA's free cash flow was $10M over the past year, down 22% from the year before. Free cash flow isn't a meaningful measure for financial services companies like HNNA.
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 HNNA 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 |
HNNA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +36.4K shares |
| 1 year | +1% | +77.5K shares |
| 3 years | +5.7% | +433K shares |
| 5 years | +8.2% | +606K shares |
| Available history | +3.4% | +267K shares |
HNNA has 8M diluted shares, up 1% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q3 2020 | $1,000 |
| Q2 2020 | — |
| Q1 2020 | $2M |
| Q4 2019 | $685,000 |
| Q3 2019 | $734,000 |
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.
HNNA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -3.1x | Net Cash |
| Q1 2026 | -2.9x | Net Cash |
| Q4 2025 | -2.6x | Net Cash |
| Q3 2025 | -2.4x | Net Cash |
| Q2 2025 | -2.3x | Net Cash |
| Q1 2025 | -2.1x | Net Cash |
| Q4 2024 | -2.2x | Net Cash |
| Q3 2024 | -2.7x | Net Cash |
HNNA 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).
HNNA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.4 | Neutral |
| Stochastic | 34.1 | Neutral |
HNNA's weekly RSI is 47 (neutral) and its Stochastic is 34 (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.
HNNA PE vs Financial Services Sector
| Metric | HNNA | Sector median | Relative |
|---|---|---|---|
| PE | 9.6x | 13x | 27% below |
| PE % | 40 | 63 | 23 pts below |
HNNA 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 HNNA on trend strength, trading above more of its moving averages.
HNNA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.2 | 1.7% below |
| 20 week MA | $10.1 | 0.8% below |
| 50 week MA | $10.0 | 0.3% above |
| 100 week MA | $10.6 | 5.3% below |
| 200 week MA | $9.22 | 8.8% above |
HNNA's trend is mixed: it's above two of its five weekly moving averages, and 8.8% 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 the edge over HNNA on returns for 2026, with the stronger performance.
HNNA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.3 | $8.71 | -16% |
| 2021 | $8.71 | $11.2 | +29% |
| 2022 | $11.2 | $8.36 | -25% |
| 2023 | $8.36 | $6.71 | -20% |
| 2024 | $6.71 | $11.6 | +73% |
| 2025 | $11.6 | $9.46 | -19% |
| 2026 YTD | $9.46 | $10.0 | +6% |
HNNA has finished lower in four of the last six years. It's up 6% so far in 2026.