BLK
BlackRock, Inc.
BLK has slightly lower modeled downside risk, despite its lower overall score.
RM
Regional Management Corp.
RM has the edge over BLK overall, supported by stronger valuation and stronger modeled upside.
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.
RM Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
RM's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like RM.
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 RM in the historical PE scenario, which offers more potential upside but is not a forecast.
RM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.6x | $27.45 | -21% |
| Forward | 5.6x | $34.74 | — |
| Current | 7x | $34.74 | — |
| Fair | 8.4x | $41.46 | +19% |
| Expensive | 12x | $59.24 | +71% |
Historical ranges are pointers, not guarantees.
RM's PE is in its cheap range at 7.0x. If earnings grow as analysts expect, today's price would be 5.6x next year's earnings.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
RM Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for RM, with profitability improving. However, they disagree widely on these estimates.
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.
RM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.23 | +26% |
| Q3 2026 | $4.94 | +20% |
| Q2 2026 | $4.75 | +38% |
| Q1 2026 | $4.93 | +50% |
| Q4 2025 | $4.45 | +7.5% |
| Q3 2025 | $4.11 | +71% |
| Q2 2025 | $3.45 | +35% |
| Q1 2025 | $3.28 | +41% |
| Q4 2024 | $4.14 | +149% |
RM 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 RM on sales, with stronger typical year-over-year growth.
| 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 RM on profitability, with a higher operating margin.
RM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $178.8M | +8% |
| Q2 2026 | $168M | +6.7% |
| Q1 2026 | $167.3M | +9.4% |
| Q4 2025 | $169.7M | +9.6% |
| Q3 2025 | $165.5M | +13% |
| Q2 2025 | $157.4M | +10% |
| Q1 2025 | $153M | +6% |
| Q4 2024 | $154.8M | +9.3% |
RM's revenue has grown year over year for 23 quarters in a row: $179M last quarter, up 8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | -0.4 points |
| Q2 2026 | 6.3% | -2.3 points |
| Q1 2026 | 8.9% | +2.9 points |
| Q4 2025 | 9.5% | +1.3 points |
| Q3 2025 | 11% | +4.5 points |
| Q2 2025 | 8.6% | +0.7 points |
| Q1 2025 | 6% | -7.8 points |
| Q4 2024 | 8.2% | +15 points |
RM's operating margin was 11% last quarter, about level with 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'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.
RM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $81.7M | -4.6% |
| Q2 2026 | $79.3M | +2.1% |
| Q1 2026 | $79.9M | +28% |
| Q4 2025 | $78.6M | +26% |
| Q3 2025 | $85.7M | +16% |
| Q2 2025 | $77.6M | +10% |
| Q1 2025 | $62.4M | +8.6% |
| Q4 2024 | $62.3M | -5.3% |
RM 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 |
RM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.5% | -242K shares |
| 1 year | -7.6% | -771K shares |
| 3 years | -3% | -288K shares |
| 5 years | -11% | -1.2M shares |
| Available history | -20% | -2.4M shares |
RM has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $10M |
| Q2 2026 | $5.1M |
| Q1 2026 | $7.5M |
| Q4 2025 | $7.5M |
| Q3 2025 | $5M |
| Q2 2025 | $5M |
| Q1 2025 | $6.5M |
| Q4 2022 | — |
RM spent $30M buying back its own shares over the past year.
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 RM on leverage, with a lower net debt burden relative to earnings.
RM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 21.6x | High |
| Q2 2026 | 21.1x | High |
| Q1 2026 | 19.9x | High |
| Q4 2025 | 22.1x | High |
| Q3 2025 | 22.5x | High |
| Q2 2025 | 24.9x | High |
| Q1 2025 | 25.5x | High |
| Q4 2024 | 21.5x | High |
RM's net debt is more than 20 years of its operating earnings (EBITDA), down from more than 20 years a year ago. Net leverage isn't a meaningful measure for financial services companies like RM.
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).
RM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.6 | Neutral |
| Stochastic | 50.3 | Neutral |
RM's weekly RSI is 50 (neutral) and its Stochastic is 50 (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.
RM PE vs Financial Services Sector
| Metric | RM | Sector median | Relative |
|---|---|---|---|
| PE | 7x | 13x | 46% below |
| PE % | 28 | 63 | 35 pts below |
RM 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 RM on trend strength, trading above more of its moving averages.
RM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $33.8 | 2.7% above |
| 20 week MA | $35.1 | 1.1% below |
| 50 week MA | $35.8 | 2.9% below |
| 100 week MA | $35.0 | 0.8% below |
| 200 week MA | $31.6 | 10% above |
RM's trend is mixed: it's above two of its five weekly moving averages, and 10% 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 RM on returns for 2026, with the stronger performance.
RM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $29.6 | $28.6 | -3.4% |
| 2021 | $28.6 | $57.2 | +100% |
| 2022 | $57.2 | $27.7 | -52% |
| 2023 | $27.7 | $25.1 | -9.4% |
| 2024 | $25.1 | $33.7 | +34% |
| 2025 | $33.7 | $40.1 | +19% |
| 2026 YTD | $40.1 | $34.7 | -13% |
RM's yearly returns have swung widely, from +100% in 2021 to −52% in 2022. It's down 13% so far in 2026.