BLK
BlackRock, Inc.
BLK has the edge over QFIN overall, supported by stronger fundamentals and lower modeled downside.
QFIN
Qfin Holdings, Inc.
QFIN offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
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.
QFIN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| N/A | |
| N/A |
QFIN's profitability is currently healthy, but its revenue is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like QFIN.
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.
QFIN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 0.7x | $5.15 | — |
| Cheap | 2.6x | $18.64 | +262% |
| Fair | 4.6x | $32.73 | +535% |
| Expensive | 6.7x | $47.38 | +820% |
Historical ranges are pointers, not guarantees.
QFIN 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.
QFIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong decline | |
| Decline | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect QFIN's earnings and revenue to decline, with profitability weakening.
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.
QFIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $7.06 | -6.9% |
| Q1 2026 | $7.96 | +13% |
| Q4 2025 | $7.70 | +23% |
| Q3 2025 | $7.41 | +41% |
| Q2 2025 | $7.58 | +68% |
| Q1 2025 | $7.03 | +68% |
| Q4 2024 | $6.25 | +59% |
| Q3 2024 | $5.25 | +58% |
QFIN 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 QFIN 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's operating margin was 30% last quarter, about level with the same quarter a year ago, near the bottom of its range since 2019.
QFIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $533.7M | -18% |
| Q1 2026 | $586.7M | -3.7% |
| Q4 2025 | $511.6M | -24% |
| Q3 2025 | $781.2M | +19% |
| Q2 2025 | $649.6M | +4.1% |
| Q1 2025 | $609.2M | -2.3% |
| Q4 2024 | $672.7M | -0.3% |
| Q3 2024 | $655.8M | +2.1% |
QFIN's revenue is shrinking: $534M last quarter, down 18% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 32% | -18 points |
| Q1 2026 | 28% | -26 points |
| Q4 2025 | 34% | -8.4 points |
| Q3 2025 | 33% | -20 points |
| Q2 2025 | 50% | +2.5 points |
| Q1 2025 | 55% | +22 points |
| Q4 2024 | 42% | +14 points |
| Q3 2024 | 52% | +20 points |
QFIN 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.
QFIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $162.8M | -59% |
| Q1 2026 | $314.8M | -25% |
| Q4 2025 | $0 | -100% |
| Q3 2025 | $375.4M | +5.5% |
| Q2 2025 | $393.5M | +34% |
| Q1 2025 | $421.1M | +43% |
| Q4 2024 | $435M | +28% |
| Q3 2024 | $355.9M | +91% |
QFIN's free cash flow was $853M over the past year, down 47% from the year before. Free cash flow isn't a meaningful measure for financial services companies like QFIN.
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 QFIN 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 |
QFIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +4.9% | +6.7M shares |
| 3 years | -14% | -22.8M shares |
| 5 years | -11% | -18.4M shares |
| Available history | -4.6% | -6.9M shares |
QFIN has 143M diluted shares, up 4.9% from a year ago, despite $707M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $706.5M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $446.2M |
| Q3 2024 | — |
QFIN spent $707M buying back its own shares over the past year, up 58% 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 more cash than debt. Net leverage isn't a meaningful measure for financial services companies like BLK.
QFIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | -0.0x | Net Cash |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | -0.3x | Net Cash |
| Q4 2024 | -0.4x | Net Cash |
| Q3 2024 | -0.4x | Net Cash |
QFIN 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).
QFIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 24.0 | Oversold |
| Stochastic | 2.9 | Oversold |
QFIN's weekly RSI is 24 (oversold) and its Stochastic is 3 (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.
QFIN PE vs Financial Services Sector
| Metric | QFIN | Sector median | Relative |
|---|---|---|---|
| PE | 0.7x | 13x | 94% below |
| PE % | 0 | 63 | 63 pts below |
QFIN 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 QFIN on trend strength, trading above more of its moving averages.
QFIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.85 | 12% below |
| 20 week MA | $9.34 | 45% below |
| 50 week MA | $13.0 | 60% below |
| 100 week MA | $24.5 | 79% below |
| 200 week MA | $22.3 | 77% below |
QFIN is in a downtrend: it's below all five of its weekly moving averages, and 77% 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 QFIN on returns for 2026, with the stronger performance.
QFIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.41 | $10.8 | +15% |
| 2021 | $10.8 | $22.0 | +103% |
| 2022 | $22.0 | $19.3 | -12% |
| 2023 | $19.3 | $15.8 | -18% |
| 2024 | $15.8 | $38.2 | +141% |
| 2025 | $38.2 | $20.0 | -48% |
| 2026 YTD | $20.0 | $5.15 | -74% |
QFIN's yearly returns have swung widely, from +141% in 2024 to −48% in 2025. It's down 74% so far in 2026.