BLK
BlackRock, Inc.
BLK's fundamentals are mixed, but it looks expensive: trading at 28x earnings, above its usual 22x.
OSG
Octave Specialty Group, Inc.
There isn't enough reported data to score OSG 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.
OSG Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| N/A | |
| N/A |
OSG's revenue is currently strong, but its profitability is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like OSG.
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.
OSG PE Valuation
OSG has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 11x next year's earnings.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
OSG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect OSG to return to profit, with revenue growing.
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 OSG on earnings quality, reporting a profit while its opponent remains loss making.
OSG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.48 | — |
| Q3 2026 | -$1.59 | +$14.92 |
| Q2 2026 | -$3.63 | +$11.16 |
| Q1 2026 | -$4.84 | +$8.43 |
| Q4 2025 | -$5.93 | +$5.69 |
| Q3 2025 | -$16.51 | -$16.08 |
| Q2 2025 | -$14.79 | -1019% |
| Q1 2025 | -$13.27 | -1090% |
| Q4 2024 | -$11.62 | -6556% |
OSG is still losing money, but far less than before: $1.59 per share over the past year, against $16.51 at its worst in late 2025.
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 OSG 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 OSG on profitability, with a higher operating margin.
OSG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $85.3M | +28% |
| Q2 2026 | $83M | +51% |
| Q1 2026 | $104.2M | +66% |
| Q3 2025 | $66.6M | -42% |
| Q2 2025 | $55M | -48% |
| Q1 2025 | $62.8M | -39% |
| Q3 2024 | $114M | +54% |
| Q2 2024 | $105M | +69% |
OSG's revenue is recovering but still below its 2022 peak: $85M last quarter, up 28% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -16% | +33 points |
| Q2 2026 | -14% | +28 points |
| Q1 2026 | -3.2% | +21 points |
| Q4 2025 | -46% | N/A |
| Q3 2025 | -48% | -25 points |
| Q2 2025 | -42% | -44 points |
| Q1 2025 | -24% | -49 points |
| Q3 2024 | -24% | -116 points |
OSG's operating margin was −16% last quarter, up 32 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 OSG at down 101%.
OSG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$10.2M | -576% |
| Q1 2026 | -$10.1M | +$2.5M |
| Q4 2025 | -$666K | +$26.6M |
| Q1 2025 | -$12.6M | -170% |
| Q4 2024 | -$27.2M | -131% |
| Q1 2024 | $18M | -77% |
| Q4 2023 | $88M | -93% |
| Q3 2023 | $11M | -77% |
OSG's free cash flow was −$2M over the past year, against −$20M the year before. Free cash flow isn't a meaningful measure for financial services companies like OSG.
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 |
OSG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +28.8K shares |
| 1 year | -5.6% | -2.7M shares |
| 3 years | -3% | -1.4M shares |
| 5 years | -3.5% | -1.6M shares |
| Available history | -0.3% | -158K shares |
OSG has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q4 2024 | $11.7M |
| Q1 2020 | $3M |
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.
OSG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2024 | 20.4x | High |
| Q2 2024 | 4.2x | High |
| Q1 2024 | 4.7x | High |
| Q4 2023 | 11.7x | High |
| Q3 2023 | 2.0x | Moderate |
| Q2 2023 | 0.9x | Very low |
| Q1 2023 | 0.9x | Very low |
| Q4 2022 | 1.1x | Healthy |
OSG's net debt is more than 20 years of its operating earnings (EBITDA), up from 2.0 years a year ago. Net leverage isn't a meaningful measure for financial services companies like OSG.
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).
OSG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.2 | Neutral |
| Stochastic | 59.9 | Neutral |
OSG's weekly RSI is 49 (neutral) and its Stochastic is 60 (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.
OSG PE vs Financial Services Sector
| Metric | OSG | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
OSG 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 OSG on trend strength, trading above more of its moving averages.
OSG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.74 | 7.4% above |
| 20 week MA | $5.04 | 1% above |
| 50 week MA | $5.52 | 7.8% below |
| 100 week MA | $7.22 | 30% below |
| 200 week MA | $10.7 | 52% below |
OSG has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 52% 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 OSG on returns for 2026, with the stronger performance.
OSG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.6 | $16.7 | -23% |
| 2021 | $16.7 | $15.5 | -7.4% |
| 2022 | $15.5 | $16.7 | +7.6% |
| 2023 | $16.7 | $16.5 | -1% |
| 2024 | $16.5 | $12.3 | -25% |
| 2025 | $12.3 | $8.00 | -35% |
| 2026 YTD | $8.00 | $5.09 | -36% |
OSG has finished three years in a row lower, and it's down 36% so far in 2026.