BLK
BlackRock, Inc.
BLK has lower modeled downside risk, despite its lower overall score.
SHG
Shinhan Financial Group Co., Ltd.
SHG 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.
SHG Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
SHG's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like SHG.
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.
SHG PE Valuation
SHG 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.
SHG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for SHG, with profitability improving.
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.
SHG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $8.36 | +22% |
| Q1 2026 | $7.72 | +17% |
| Q4 2025 | $7.42 | +18% |
| Q3 2025 | $7.14 | +9.5% |
| Q2 2025 | $6.88 | +9.2% |
| Q1 2025 | $6.61 | +9.1% |
| Q4 2024 | $6.31 | +3.8% |
| Q3 2024 | $6.52 | +13% |
SHG 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 SHG 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.
SHG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $7.5B | +13% |
| Q1 2026 | $6.5B | +2% |
| Q4 2025 | $6.6B | -2.6% |
| Q3 2025 | $6.3B | -4.6% |
| Q2 2025 | $6.6B | +0.1% |
| Q1 2025 | $6.4B | -0.9% |
| Q4 2024 | $6.8B | -1.7% |
| Q3 2024 | $6.6B | +5.6% |
SHG's revenue grew through 2023 and has held roughly level since: $7.5B last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 36% | +13 points |
| Q1 2026 | 25% | +2 points |
| Q4 2025 | 10% | +3.6 points |
| Q3 2025 | 23% | +3.2 points |
| Q2 2025 | 23% | +2.3 points |
| Q1 2025 | 23% | +2.7 points |
| Q4 2024 | 6.6% | -1.9 points |
| Q3 2024 | 20% | +1 points |
SHG 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.
SHG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$350.4M | +$3B |
| Q1 2026 | $9.8B | +107% |
| Q4 2025 | -$3.8B | -$504.2M |
| Q3 2025 | $9.2B | +86% |
| Q2 2025 | -$3.3B | -$2.1B |
| Q1 2025 | $4.8B | +$5.8B |
| Q4 2024 | -$3.3B | +$379.3M |
| Q3 2024 | $4.9B | +$9.7B |
SHG 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 |
SHG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -867K shares |
| 1 year | -1.2% | -5.8M shares |
| 3 years | -7.5% | -39.1M shares |
| 5 years | -9.8% | -52.5M shares |
| Available history | +0.1% | +662K shares |
SHG has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $228.1M |
| Q1 2026 | $296.4M |
| Q4 2025 | $251.8M |
| Q3 2025 | $197.8M |
| Q2 2025 | $280.1M |
| Q1 2025 | $207M |
| Q4 2024 | $187.3M |
| Q3 2024 | $112.5M |
SHG spent $974M buying back its own shares over the past year, up 24% 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 the edge over SHG on leverage, with a lower net debt burden relative to earnings.
SHG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 11.0x | High |
| Q1 2026 | 12.4x | High |
| Q4 2025 | 14.0x | High |
| Q3 2025 | 12.3x | High |
| Q2 2025 | 13.5x | High |
| Q1 2025 | 13.0x | High |
| Q4 2024 | 14.9x | High |
| Q3 2024 | 13.5x | High |
SHG's net debt is about 11 years of its operating earnings (EBITDA), down from 13 years a year ago. Net leverage isn't a meaningful measure for financial services companies like SHG.
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).
SHG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.3 | Neutral |
| Stochastic | 4.9 | Oversold |
SHG's weekly RSI is 40 (neutral) and its Stochastic is 5 (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.
SHG PE vs Financial Services Sector
| Metric | SHG | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
SHG 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 SHG on trend strength, trading above more of its moving averages.
SHG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $70.5 | 9.5% below |
| 20 week MA | $73.4 | 13% below |
| 50 week MA | $66.6 | 4.2% below |
| 100 week MA | $54.3 | 17% above |
| 200 week MA | $43.3 | 47% above |
SHG has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 47% 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 finished higher in five of the last six years. It's up 12% so far in 2026.
SHG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $39.6 | $30.4 | -23% |
| 2021 | $30.4 | $32.0 | +5.4% |
| 2022 | $32.0 | $29.3 | -8.4% |
| 2023 | $29.3 | $30.8 | +5.1% |
| 2024 | $30.8 | $33.2 | +7.8% |
| 2025 | $33.2 | $54.0 | +63% |
| 2026 YTD | $54.0 | $63.8 | +18% |
SHG has the edge over BLK on returns for 2026, with the stronger performance.