BLK
BlackRock, Inc.
BLK's fundamentals are mixed, but it looks expensive: trading at 28x earnings, above its usual 22x.
RDN
Radian Group Inc.
RDN's fundamentals are mixed, but it looks expensive: trading at 9.0x earnings, above its usual 8.2x. Analysts expect earnings growth.
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.
RDN Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| N/A | |
| N/A |
RDN's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like RDN.
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 has the edge over RDN in the historical PE scenario, which offers more potential upside but is not a forecast.
RDN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.7x | $23.35 | -36% |
| Forward | 7.1x | $36.75 | — |
| Fair | 8.1x | $33.18 | -9.7% |
| Current | 9x | $36.75 | — |
| Expensive | 9.2x | $37.34 | +1.6% |
Historical ranges are pointers, not guarantees.
RDN's PE is in its expensive range at 9.0x. If earnings grow as analysts expect, today's price would be 7.1x next year's earnings, in its cheap range.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
RDN Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Strong growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for RDN, but weaker profitability.
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.
RDN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.16 | +26% |
| Q3 2026 | $4.08 | +2% |
| Q2 2026 | $3.89 | -1.8% |
| Q1 2026 | $4.06 | +3.6% |
| Q4 2025 | $4.15 | +5.9% |
| Q3 2025 | $4.00 | +3.9% |
| Q2 2025 | $3.96 | +3.1% |
| Q1 2025 | $3.92 | +4% |
| Q4 2024 | $3.92 | +4% |
RDN 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 RDN 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.
RDN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $624.1M | +106% |
| Q2 2026 | $575M | +81% |
| Q1 2026 | $466.3M | +47% |
| Q4 2025 | $300.5M | -4.9% |
| Q3 2025 | $303.2M | -9.2% |
| Q2 2025 | $318M | -1% |
| Q1 2025 | $318.1M | -0.4% |
| Q4 2024 | $315.9M | -3.1% |
RDN's revenue has picked up after three years of holding roughly level: $624M last quarter, up 106% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 37% | -29 points |
| Q2 2026 | 26% | -29 points |
| Q1 2026 | 37% | -22 points |
| Q4 2025 | 67% | +7 points |
| Q3 2025 | 66% | +7 points |
| Q2 2025 | 55% | -3.5 points |
| Q1 2025 | 59% | -2.9 points |
| Q4 2024 | 60% | +4.7 points |
RDN 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.
RDN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $379M | +6% |
| Q2 2026 | $342.7M | +$1.1B |
| Q1 2026 | $284.3M | +327% |
| Q4 2025 | $406.1M | +$675.9M |
| Q3 2025 | $357.6M | +$595.7M |
| Q2 2025 | -$714.6M | -$506.3M |
| Q1 2025 | $66.6M | +35% |
| Q3 2024 | -$238.1M | -417% |
RDN 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 |
RDN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.4% | -1.9M shares |
| 1 year | -2.6% | -3.5M shares |
| 3 years | -16% | -25.8M shares |
| 5 years | -29% | -53.7M shares |
| Available history | -34% | -70.8M shares |
RDN has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $125.5M |
| Q2 2026 | $80.3M |
| Q1 2026 | $50M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $223M |
| Q1 2025 | $208.9M |
| Q4 2024 | $76M |
RDN spent $256M buying back its own shares over the past year, down 50% 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.
RDN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2025 | 1.3x | Healthy |
| Q3 2025 | 1.4x | Healthy |
| Q2 2025 | 2.2x | Moderate |
| Q4 2019 | 0.9x | Very low |
RDN's net debt is about 1.3 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like RDN.
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).
RDN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.5 | Neutral |
| Stochastic | 60.6 | Neutral |
RDN's weekly RSI is 55 (neutral) and its Stochastic is 61 (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.
RDN PE vs Financial Services Sector
| Metric | RDN | Sector median | Relative |
|---|---|---|---|
| PE | 9x | 13x | 31% below |
| PE % | 79 | 63 | 16 pts above |
RDN 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 is in an uptrend: it's above all five of its weekly moving averages, and 33% above its 200-week average.
RDN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $34.7 | 5.9% above |
| 20 week MA | $36.2 | 1.4% above |
| 50 week MA | $35.3 | 4.1% above |
| 100 week MA | $34.5 | 6.5% above |
| 200 week MA | $31.6 | 16% above |
RDN is in an uptrend: it's above all five of its weekly moving averages, and 16% 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 RDN on returns for 2026, with the stronger performance.
RDN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $25.3 | $20.0 | -21% |
| 2021 | $20.0 | $20.5 | +2.6% |
| 2022 | $20.5 | $19.1 | -7.1% |
| 2023 | $19.1 | $28.6 | +50% |
| 2024 | $28.6 | $31.8 | +11% |
| 2025 | $31.8 | $36.4 | +15% |
| 2026 YTD | $36.4 | $36.8 | +0.9% |
RDN has finished higher in four of the last six years. It's up 0.9% so far in 2026.