BLK
BlackRock, Inc.
BLK trails on the overall score without a compensating advantage in the available component scores.
NU
Nu Holdings Ltd.
NU 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.
NU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
NU's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like NU.
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.
NU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 11x | $11.83 | — |
| Current | 16x | $11.83 | — |
| Cheap | 23x | $17.04 | +44% |
| Fair | 33x | $24.31 | +106% |
| Expensive | 125x | $92.38 | +681% |
Historical ranges are pointers, not guarantees.
NU 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.
NU Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for NU, 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.
NU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.06 | +43% |
| Q2 2026 | $0.74 | +61% |
| Q1 2026 | $0.65 | +51% |
| Q4 2025 | $0.58 | +45% |
| Q3 2025 | $0.51 | +42% |
| Q2 2025 | $0.46 | +48% |
| Q1 2025 | $0.43 | +65% |
| Q4 2024 | $0.40 | +90% |
| Q3 2024 | $0.36 | +350% |
NU 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's revenue has grown year over year for 13 quarters in a row: $7.8B last quarter, up 19% from the same quarter a year ago.
| 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 NU on profitability, with a higher operating margin.
NU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $5.5B | +50% |
| Q1 2026 | $5B | +53% |
| Q4 2025 | $4.7B | +65% |
| Q3 2025 | $4.2B | +46% |
| Q2 2025 | $3.7B | +34% |
| Q1 2025 | $3.2B | +23% |
| Q4 2024 | $2.9B | +24% |
| Q3 2024 | $2.9B | +34% |
NU has the edge over BLK on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 22% | -1.5 points |
| Q1 2026 | 19% | -5.3 points |
| Q4 2025 | 23% | -3.9 points |
| Q3 2025 | 27% | +1.4 points |
| Q2 2025 | 24% | -2.5 points |
| Q1 2025 | 24% | +2.6 points |
| Q4 2024 | 27% | +2.5 points |
| Q3 2024 | 25% | +6.1 points |
NU's operating margin was 22% last quarter, down 1.5 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 NU on cash generation, producing positive trailing cash flow while its opponent burns cash.
NU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$2.9B | -218% |
| Q1 2026 | -$1.3B | -229% |
| Q4 2025 | $1.1B | -14% |
| Q3 2025 | -$1.1B | +$8.8M |
| Q2 2025 | $2.5B | -6.3% |
| Q1 2025 | $1B | +$1.6B |
| Q4 2024 | $1.3B | -52% |
| Q3 2024 | -$1.1B | +$2.2B |
NU's free cash flow was −$4.2B over the past year, against $3.7B the year before. Free cash flow isn't a meaningful measure for financial services companies like NU.
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 NU 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 |
NU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -5.4M shares |
| 1 year | +0.1% | +5.1M shares |
| 3 years | +1.3% | +61M shares |
| 5 years | +6.4% | +296M shares |
| Available history | +6.4% | +296M shares |
NU has 4.9B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | $500.4M |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
NU spent $500M buying back its own shares over the past year, after none 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 NU on leverage, with a lower net debt burden relative to earnings.
NU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 5.0x | High |
| Q1 2026 | -3.9x | Net Cash |
| Q4 2025 | -2.5x | Net Cash |
| Q3 2025 | -3.9x | Net Cash |
| Q2 2025 | -4.6x | Net Cash |
| Q1 2025 | -4.3x | Net Cash |
| Q4 2024 | -4.4x | Net Cash |
| Q3 2024 | -4.3x | Net Cash |
NU's net debt is about 5.0 years of its operating earnings (EBITDA), after holding more cash than debt a year ago. Net leverage isn't a meaningful measure for financial services companies like NU.
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).
NU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.1 | Neutral |
| Stochastic | 10.5 | Oversold |
NU's weekly RSI is 41 (neutral) and its Stochastic is 11 (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.
NU PE vs Financial Services Sector
| Metric | NU | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 13x | 23% above |
| PE % | 1 | 63 | 62 pts below |
NU 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 NU on trend strength, trading above more of its moving averages.
NU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.5 | 13% below |
| 20 week MA | $14.0 | 15% below |
| 50 week MA | $14.6 | 19% below |
| 100 week MA | $13.8 | 14% below |
| 200 week MA | $11.7 | 1.5% above |
NU has fallen below most of its moving averages, though it's still 1.5% 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 NU on returns for 2026, with the stronger performance.
NU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $11.9 | $9.83 | -17% |
| 2022 | $9.83 | $3.89 | -60% |
| 2023 | $3.89 | $8.33 | +114% |
| 2024 | $8.33 | $10.3 | +24% |
| 2025 | $10.3 | $16.8 | +62% |
| 2026 YTD | $16.8 | $11.8 | -29% |
NU's yearly returns have swung widely, from +114% in 2023 to −60% in 2022. It's down 29% so far in 2026.