BLK
BlackRock, Inc.
BLK's fundamentals are mixed, but it looks expensive: trading at 28x earnings, above its usual 22x.
LDI
loanDepot, Inc.
There isn't enough reported data to score LDI 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.
LDI Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Under pressure | |
| N/A | |
| N/A |
LDI's profitability is currently under pressure. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like LDI.
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.
LDI PE Valuation
LDI has no meaningful PE right now: it lost money over the past year.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
LDI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Decline | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect LDI's losses to grow, with revenue declining.
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 has the stronger earnings trend. Trailing diluted EPS is up 11% for BLK versus LDI down 184%.
LDI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2024 | -$0.53 | +$0.10 |
| Q3 2024 | -$0.52 | +$0.42 |
| Q2 2024 | -$0.62 | +$0.60 |
| Q1 2024 | -$0.57 | +$1.18 |
| Q4 2023 | -$0.63 | +$1.12 |
| Q3 2023 | -$0.94 | +$0.30 |
| Q2 2023 | -$1.22 | -$0.75 |
| Q1 2023 | -$1.75 | -773% |
LDI is still losing money, but far less than before: $0.53 per share over the past year, against $1.75 at its worst in late 2022.
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 stronger quarterly revenue trend. Revenue is up 19% for BLK versus up 16% for LDI.
| 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 LDI on profitability, with a higher operating margin.
LDI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2024 | $257.5M | +13% |
| Q3 2024 | $314.6M | +18% |
| Q2 2024 | $265.4M | -2.4% |
| Q1 2024 | $222.8M | +7.2% |
| Q4 2023 | $228.6M | +35% |
| Q3 2023 | $265.7M | -3.1% |
| Q2 2023 | $271.8M | -12% |
| Q1 2023 | $207.9M | -59% |
LDI's revenue is recovering but still below its 2021 peak: $307M last quarter, up 16% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -9.3% | N/A |
| Q2 2026 | -2% | N/A |
| Q4 2024 | -33% | -0.3 points |
| Q3 2024 | 1.1% | +16 points |
| Q2 2024 | -29% | -7.6 points |
| Q1 2024 | -38% | +13 points |
| Q4 2023 | -32% | +70 points |
| Q3 2023 | -15% | +44 points |
LDI's operating margin was −9.3% last quarter, up 20 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 stronger cash trend. Its trailing FCF is up 20% versus its history, compared with LDI at down 24%.
LDI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2024 | $33.6M | +$243.4M |
| Q3 2024 | -$356.4M | -325% |
| Q2 2024 | -$285.7M | +$57M |
| Q1 2024 | -$283.3M | -242% |
| Q4 2023 | -$209.7M | -621% |
| Q3 2023 | $158.5M | -91% |
| Q2 2023 | -$342.7M | -123% |
| Q1 2023 | $199.1M | -82% |
LDI's free cash flow was $778M over the past year, against −$620M the year before. Free cash flow isn't a meaningful measure for financial services companies like LDI.
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 |
LDI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +669K shares |
| 1 year | -28% | -92.4M shares |
| 3 years | +67% | +93.3M shares |
LDI has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | — |
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.
LDI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2022 | 9.0x | High |
| Q4 2021 | 1.7x | Healthy |
LDI's net debt is about 9.0 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like LDI.
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).
LDI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 28.2 | Oversold |
| Stochastic | 12.2 | Oversold |
LDI's weekly RSI is 28 (oversold) and its Stochastic is 12 (oversold).
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.
LDI PE vs Financial Services Sector
| Metric | LDI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
LDI has no meaningful PE right now: it lost money over the past year.
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 LDI on trend strength, trading above more of its moving averages.
LDI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.59 | 24% below |
| 20 week MA | $0.81 | 44% below |
| 50 week MA | $1.42 | 68% below |
| 100 week MA | $1.68 | 73% below |
| 200 week MA | $1.93 | 77% below |
LDI is in a downtrend: it's below all five of its weekly moving averages, and 77% 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 LDI on returns for 2026, with the stronger performance.
LDI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $31.5 | $4.76 | -85% |
| 2022 | $4.76 | $1.57 | -67% |
| 2023 | $1.57 | $3.52 | +124% |
| 2024 | $3.52 | $1.93 | -45% |
| 2025 | $1.93 | $2.12 | +9.8% |
| 2026 YTD | $2.12 | $0.45 | -79% |
LDI's yearly returns have swung widely, from +124% in 2023 to −85% in 2021. It's down 79% so far in 2026.