BLK
BlackRock, Inc.
BLK trails on the overall score without a compensating advantage in the available component scores.
ONB
Old National Bancorp
ONB has the edge over BLK overall, supported by stronger valuation and stronger fundamentals.
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.
ONB Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
ONB'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 ONB.
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.
ONB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9x | $22.15 | -11% |
| Forward | 9.2x | $24.94 | — |
| Current | 10x | $24.94 | — |
| Fair | 12x | $28.68 | +15% |
| Expensive | 14x | $34.10 | +37% |
Historical ranges are pointers, not guarantees.
ONB 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.
ONB Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect ONB's earnings to grow and its profitability to improve, with its revenue holding steady.
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.
ONB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.72 | +11% |
| Q3 2026 | $2.45 | +43% |
| Q2 2026 | $2.25 | +33% |
| Q1 2026 | $1.94 | +13% |
| Q4 2025 | $1.79 | +6.5% |
| Q3 2025 | $1.71 | +3.6% |
| Q2 2025 | $1.69 | -0.6% |
| Q1 2025 | $1.72 | -7% |
| Q4 2024 | $1.68 | -13% |
ONB 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's operating margin was 30% last quarter, about level with the same quarter a year ago, near the bottom of its range since 2019.
ONB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $712.7M | +1.1% |
| Q2 2026 | $732.6M | +13% |
| Q1 2026 | $694.9M | +44% |
| Q4 2025 | $690.6M | +41% |
| Q3 2025 | $705.1M | +45% |
| Q2 2025 | $647.3M | +36% |
| Q1 2025 | $481.4M | +11% |
| Q4 2024 | $489.9M | +5.5% |
ONB has the edge over BLK on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 45% | +12 points |
| Q2 2026 | 44% | +20 points |
| Q1 2026 | 42% | +4.8 points |
| Q4 2025 | 39% | +1.3 points |
| Q3 2025 | 33% | -5.1 points |
| Q2 2025 | 24% | -8.8 points |
| Q1 2025 | 38% | +2.5 points |
| Q4 2024 | 38% | +1.7 points |
ONB 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.
ONB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $373.2M | +12% |
| Q2 2026 | $275.9M | +330% |
| Q1 2026 | $193.3M | +89% |
| Q4 2025 | $137.3M | -40% |
| Q3 2025 | $333.6M | +188% |
| Q2 2025 | $64.1M | -58% |
| Q1 2025 | $102.4M | +7% |
| Q4 2024 | $229M | +266% |
ONB 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 |
ONB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -2.4M shares |
| 1 year | -2.5% | -9.6M shares |
| 3 years | +31% | +89.2M shares |
| 5 years | +130% | +215M shares |
| Available history | +124% | +211M shares |
ONB has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $100.3M |
| Q2 2026 | $115.3M |
| Q1 2026 | $104.1M |
| Q4 2025 | $25.1M |
| Q3 2025 | $25.2M |
| Q2 2025 | $8M |
| Q1 2025 | $13.5M |
| Q4 2024 | $139,000 |
ONB spent $345M buying back its own shares over the past year, about seven times what it spent 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 ONB on leverage, with a lower net debt burden relative to earnings.
ONB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.8x | Elevated |
| Q2 2026 | 4.8x | High |
| Q1 2026 | 5.1x | High |
| Q4 2025 | 5.5x | High |
| Q3 2025 | 5.6x | High |
| Q2 2025 | 6.2x | High |
| Q1 2025 | 5.1x | High |
| Q4 2024 | 5.3x | High |
ONB's net debt is about 3.8 years of its operating earnings (EBITDA), down from 5.6 years a year ago. Net leverage isn't a meaningful measure for financial services companies like ONB.
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).
ONB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.8 | Neutral |
| Stochastic | 28.1 | Neutral |
ONB's weekly RSI is 49 (neutral) and its Stochastic is 28 (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.
ONB PE vs Financial Services Sector
| Metric | ONB | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 13x | 22% below |
| PE % | 28 | 63 | 35 pts below |
ONB 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 ONB on trend strength, trading above more of its moving averages.
ONB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $25.0 | 0.4% below |
| 20 week MA | $25.7 | 3.1% below |
| 50 week MA | $24.4 | 2.1% above |
| 100 week MA | $23.0 | 8.4% above |
| 200 week MA | $19.8 | 26% above |
ONB has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 26% 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 ONB on returns for 2026, with the stronger performance.
ONB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $18.3 | $16.6 | -9.3% |
| 2021 | $16.6 | $17.9 | +8.1% |
| 2022 | $17.9 | $17.8 | -0.7% |
| 2023 | $17.8 | $16.9 | -5% |
| 2024 | $16.9 | $21.8 | +29% |
| 2025 | $21.8 | $23.0 | +5.6% |
| 2026 YTD | $23.0 | $24.9 | +8.5% |
ONB has finished lower in three of the last six years. It's up 8.5% so far in 2026.