BLK
BlackRock, Inc.
BLK's fundamentals are mixed, but it looks expensive: trading at 28x earnings, above its usual 22x.
RMCO
Royalty Management Holding Corporation
There isn't enough reported data to score RMCO 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.
RMCO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| N/A | |
| N/A |
RMCO's revenue is currently healthy, but its profitability is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like RMCO.
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.
RMCO PE Valuation
RMCO has no meaningful PE right now: it lost money over the past year.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
RMCO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Turning to a loss | |
| Strong growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect RMCO's revenue to grow, but its earnings and profitability to decline.
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 RMCO in the latest year-over-year earnings comparison.
RMCO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.07 | -$0.06 |
| Q1 2026 | -$0.09 | -$0.07 |
| Q4 2025 | -$0.05 | -$0.04 |
RMCO is still losing money, but less than at its worst: $0.07 per share over the past year, against $0.11 at its worst in mid-2022.
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 has the edge over RMCO on profitability, with a higher operating margin.
RMCO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.8M | +38% |
| Q1 2026 | $1.6M | +77% |
| Q4 2025 | $1.4M | +470% |
| Q3 2025 | $1.3M | +795% |
| Q2 2025 | $1.3M | +422% |
| Q1 2025 | $923.2K | +470% |
| Q4 2024 | $245.1K | +83% |
RMCO has the edge over BLK on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -5% | -1.3 points |
| Q1 2026 | -5.3% | +6.7 points |
| Q4 2025 | -2.6% | +6.6 points |
| Q3 2025 | -7.5% | +104 points |
| Q2 2025 | -3.6% | +49 points |
| Q1 2025 | -12% | -21 points |
| Q4 2024 | -9.2% | +62 points |
| Q3 2024 | -112% | N/A |
RMCO's operating margin was −5% last quarter, down 1.3 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 edge over RMCO on cash generation, producing positive trailing cash flow while its opponent burns cash.
RMCO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$109.4K | -144% |
| Q1 2026 | -$102K | +$225.2K |
| Q4 2025 | $46K | +$257.2K |
| Q3 2025 | $21.9K | -99% |
| Q2 2025 | $250.2K | +$368.3K |
| Q1 2025 | -$327.1K | +$247.2K |
| Q4 2024 | -$211.1K | -215% |
| Q3 2024 | $1.5M | +486% |
RMCO's free cash flow was −$143,362 over the past year, against $1M the year before. Free cash flow isn't a meaningful measure for financial services companies like RMCO.
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 RMCO 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 |
RMCO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +9.9K shares |
| 1 year | +1.6% | +242K shares |
| 3 years | +870% | +13.6M shares |
| 5 years | +12% | +1.7M shares |
RMCO has 15M diluted shares, up 1.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | $45,000 |
RMCO spent $45,000 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 more cash than debt. Net leverage isn't a meaningful measure for financial services companies like BLK.
RMCO Net Leverage
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).
RMCO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.4 | Neutral |
| Stochastic | 14.6 | Oversold |
RMCO's weekly RSI is 41 (neutral) and its Stochastic is 15 (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.
RMCO PE vs Financial Services Sector
| Metric | RMCO | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
RMCO 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 RMCO on trend strength, trading above more of its moving averages.
RMCO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.36 | 5.5% below |
| 20 week MA | $2.52 | 12% below |
| 50 week MA | $2.87 | 22% below |
| 100 week MA | $2.24 | 0.4% below |
| 200 week MA | $3.70 | 40% below |
RMCO is in a downtrend: it's below all five of its weekly moving averages, and 40% 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 RMCO on returns for 2026, with the stronger performance.
RMCO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $9.84 | $10.1 | +2.1% |
| 2022 | $10.1 | $9.99 | -0.6% |
| 2023 | $9.99 | $1.70 | -83% |
| 2024 | $1.70 | $0.94 | -45% |
| 2025 | $0.94 | $2.89 | +207% |
| 2026 YTD | $2.89 | $2.23 | -23% |
RMCO's yearly returns have swung widely, from +207% in 2025 to −83% in 2023. It's down 23% so far in 2026.