BLK
BlackRock, Inc.
BLK trails on the overall score without a compensating advantage in the available component scores.
MCO
Moody's Corporation
MCO 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.
MCO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
MCO's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like MCO.
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.
MCO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 28x | $507 | — |
| Cheap | 30x | $495 | -2.3% |
| Current | 31x | $507 | — |
| Fair | 35x | $576 | +14% |
| Expensive | 44x | $719 | +42% |
Historical ranges are pointers, not guarantees.
MCO 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.
MCO Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for MCO, 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.
MCO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $17.98 | +9.6% |
| Q3 2026 | $16.40 | +32% |
| Q2 2026 | $15.76 | +34% |
| Q1 2026 | $13.94 | +20% |
| Q4 2025 | $13.67 | +21% |
| Q3 2025 | $12.43 | +14% |
| Q2 2025 | $11.76 | +16% |
| Q1 2025 | $11.57 | +26% |
| Q4 2024 | $11.26 | +29% |
MCO 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 MCO 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's operating margin was 30% last quarter, about level with the same quarter a year ago, near the bottom of its range since 2019.
MCO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2B | +0.8% |
| Q2 2026 | $2.2B | +15% |
| Q1 2026 | $2.1B | +8.1% |
| Q4 2025 | $1.9B | +13% |
| Q3 2025 | $2B | +11% |
| Q2 2025 | $1.9B | +4.5% |
| Q1 2025 | $1.9B | +7.7% |
| Q4 2024 | $1.7B | +13% |
MCO's revenue has grown year over year for 14 quarters in a row: $2B last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 45% | -0.9 points |
| Q2 2026 | 48% | +4.8 points |
| Q1 2026 | 44% | +0.4 points |
| Q4 2025 | 41% | +7.2 points |
| Q3 2025 | 46% | +5 points |
| Q2 2025 | 43% | +0.5 points |
| Q1 2025 | 44% | -0.9 points |
| Q4 2024 | 34% | -0.1 points |
MCO 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.
MCO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $668M | +1.5% |
| Q2 2026 | $688M | +47% |
| Q1 2026 | $844M | +26% |
| Q4 2025 | $777M | +29% |
| Q3 2025 | $658M | +4.3% |
| Q2 2025 | $468M | -21% |
| Q1 2025 | $672M | -3.6% |
| Q4 2024 | $600M | +49% |
MCO 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 |
MCO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.7% | -1.2M shares |
| 1 year | -3.5% | -6.3M shares |
| 3 years | -5.8% | -10.7M shares |
| 5 years | -7.5% | -14M shares |
| Available history | -9.6% | -18.3M shares |
MCO has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $388M |
| Q2 2026 | $694M |
| Q1 2026 | $1.5B |
| Q4 2025 | $437M |
| Q3 2025 | $513M |
| Q2 2025 | $284M |
| Q1 2025 | $373M |
| Q4 2024 | $480M |
MCO spent $3B buying back its own shares over the past year, up 81% 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 MCO on leverage, with a lower net debt burden relative to earnings.
MCO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.3x | Healthy |
| Q2 2026 | 1.3x | Healthy |
| Q1 2026 | 1.4x | Healthy |
| Q4 2025 | 1.2x | Healthy |
| Q3 2025 | 1.3x | Healthy |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.5x | Healthy |
MCO's net debt is about 1.3 years of its operating earnings (EBITDA), about the same as a year ago. Net leverage isn't a meaningful measure for financial services companies like MCO.
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).
MCO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.2 | Neutral |
| Stochastic | 70.3 | Neutral |
MCO's weekly RSI is 58 (neutral) and its Stochastic is 70 (neutral).
BLK PE vs Financial Services Sector
| Metric | BLK | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 113% above |
| PE % | 97 | 63 | 34 pts above |
BLK has the edge over MCO on valuation relative to its sector.
MCO PE vs Financial Services Sector
| Metric | MCO | Sector median | Relative |
|---|---|---|---|
| PE | 31x | 13x | 137% above |
| PE % | 22 | 63 | 41 pts below |
MCO is trading at 31x earnings, a 137% premium to the Financial Services sector's median of 13x.
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 is in an uptrend: it's above all five of its weekly moving averages, and 33% above its 200-week average.
MCO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $481.1 | 5.3% above |
| 20 week MA | $485.3 | 4.4% above |
| 50 week MA | $474.1 | 6.8% above |
| 100 week MA | $477.9 | 6% above |
| 200 week MA | $428.7 | 18% above |
MCO is in an uptrend: it's above all five of its weekly moving averages, and 18% 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 MCO on returns for 2026, with the stronger performance.
MCO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $239.3 | $278.9 | +17% |
| 2021 | $278.9 | $397.3 | +42% |
| 2022 | $397.3 | $278.8 | -30% |
| 2023 | $278.8 | $390.6 | +40% |
| 2024 | $390.6 | $476.8 | +22% |
| 2025 | $476.8 | $520.0 | +9.1% |
| 2026 YTD | $520.0 | $506.6 | -2.6% |
MCO has finished higher in five of the last six years. It's down 2.6% so far in 2026.