BLK
BlackRock, Inc.
BLK's fundamentals are mixed, but it looks expensive: trading at 28x earnings, above its usual 22x.
NXDT
NexPoint Diversified Real Estate Trust
There isn't enough reported data to score NXDT 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.
NXDT Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| N/A | |
| N/A |
NXDT's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like NXDT.
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.
NXDT PE Valuation
NXDT 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.
NXDT Forward outlook
There aren't enough analyst estimates for NXDT 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 has the edge over NXDT on earnings quality, reporting a profit while its opponent remains loss making.
NXDT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$1.48 | +$0.76 |
| Q1 2026 | -$2.47 | -$0.98 |
| Q4 2025 | -$2.81 | -$1.53 |
| Q3 2025 | -$2.28 | -$0.76 |
| Q2 2025 | -$2.24 | +$0.89 |
| Q1 2025 | -$1.49 | +$1.80 |
| Q4 2024 | -$1.28 | +$1.98 |
NXDT is still losing money, but far less than before: $1.48 per share over the past year, against $3.29 at its worst in early 2024.
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 NXDT 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 NXDT on profitability, with a higher operating margin.
NXDT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $19.3M | -8.1% |
| Q1 2026 | $22.9M | -21% |
| Q4 2025 | $18.4M | -29% |
| Q3 2025 | $17.5M | -21% |
| Q2 2025 | $21M | -5.6% |
| Q1 2025 | $29.1M | +127% |
| Q4 2024 | $25.9M | +17% |
| Q3 2024 | $22.2M | +80% |
NXDT's revenue has slid since its 2022 peak: $19M last quarter, down 8.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 11% | +12 points |
| Q1 2026 | 15% | -3.9 points |
| Q4 2025 | -19% | -22 points |
| Q3 2025 | -19% | +7.7 points |
| Q2 2025 | -0.6% | -3.3 points |
| Q1 2025 | 19% | +17 points |
| Q4 2024 | 3.6% | -40 points |
| Q3 2024 | -27% | -23 points |
NXDT's operating margin was 11% last quarter, up 12 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 NXDT on cash generation, producing positive trailing cash flow while its opponent burns cash.
NXDT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$4.6M | -6277% |
| Q1 2026 | -$498K | -107% |
| Q4 2025 | $1.2M | +$5.3M |
| Q3 2025 | $835K | +68% |
| Q2 2025 | $75K | +$5.6M |
| Q1 2025 | $7.1M | +$9.6M |
| Q4 2024 | -$4.1M | +$1.7M |
| Q3 2024 | $497K | -79% |
NXDT's free cash flow was −$3M over the past year, against $4M the year before. Free cash flow isn't a meaningful measure for financial services companies like NXDT.
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 NXDT 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 |
NXDT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +21% | +10.4M shares |
| 1 year | +32% | +14.8M shares |
| 3 years | +63% | +23.3M shares |
NXDT has 60M diluted shares, up 32% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | $515,000 |
| Q1 2026 | $2.3M |
| Q4 2025 | $1.1M |
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.
NXDT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -0.7x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | -0.3x | Net Cash |
| Q2 2025 | -0.3x | Net Cash |
| Q1 2025 | -0.5x | Net Cash |
| Q4 2024 | -0.8x | Net Cash |
| Q3 2024 | -0.5x | Net Cash |
NXDT 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).
NXDT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.4 | Oversold |
| Stochastic | 5.6 | Oversold |
NXDT's weekly RSI is 29 (oversold) and its Stochastic is 6 (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.
NXDT PE vs Financial Services Sector
| Metric | NXDT | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
NXDT 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 NXDT on trend strength, trading above more of its moving averages.
NXDT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.48 | 32% below |
| 20 week MA | $4.93 | 38% below |
| 50 week MA | $4.64 | 34% below |
| 100 week MA | $4.43 | 31% below |
| 200 week MA | $6.29 | 51% below |
NXDT is in a downtrend: it's below all five of its weekly moving averages, and 51% 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 NXDT on returns for 2026, with the stronger performance.
NXDT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.8 | $10.5 | -41% |
| 2021 | $10.5 | $13.9 | +33% |
| 2022 | $13.9 | $11.8 | -15% |
| 2023 | $11.8 | $7.95 | -33% |
| 2024 | $7.95 | $6.37 | -20% |
| 2025 | $6.37 | $3.88 | -39% |
| 2026 YTD | $3.88 | $3.06 | -21% |
NXDT has finished four years in a row lower, and it's down 21% so far in 2026.