BLK
BlackRock, Inc.
BLK has slightly lower modeled downside risk, despite its lower overall score.
SNEX
StoneX Group Inc.
SNEX has the edge over BLK overall, supported by stronger modeled upside and stronger fundamentals.
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.
SNEX Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
SNEX's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like SNEX.
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.
SNEX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8x | $33.61 | -41% |
| Fair | 10x | $43.51 | -24% |
| Forward | 13x | $57.11 | — |
| Current | 14x | $57.11 | — |
| Expensive | 15x | $64.87 | +14% |
Historical ranges are pointers, not guarantees.
SNEX 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.
SNEX Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for SNEX, 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.
SNEX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.42 | +5.6% |
| Q2 2026 | $4.19 | +61% |
| Q1 2026 | $3.73 | +42% |
| Q4 2025 | $2.98 | +20% |
| Q3 2025 | $2.62 | +11% |
| Q2 2025 | $2.61 | +22% |
| Q1 2025 | $2.62 | +18% |
| Q4 2024 | $2.48 | +17% |
| Q3 2024 | $2.36 | +6.8% |
SNEX 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 SNEX 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 SNEX on profitability, with a higher operating margin.
SNEX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $719.7M | +47% |
| Q1 2026 | $829.1M | +70% |
| Q4 2025 | $724.4M | +47% |
| Q3 2025 | $585.1M | +29% |
| Q2 2025 | $488.3M | +4.2% |
| Q1 2025 | $487.3M | +15% |
| Q4 2024 | $492.1M | +17% |
| Q3 2024 | $454.8M | +13% |
SNEX's revenue has grown year over year for 13 quarters in a row: $720M last quarter, up 47% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 22% | +24 points |
| Q1 2026 | 27% | +29 points |
| Q4 2025 | 26% | +30 points |
| Q3 2025 | 19% | +21 points |
| Q2 2025 | -2.2% | +3.5 points |
| Q1 2025 | -1.8% | +1.3 points |
| Q4 2024 | -4.3% | -0.6 points |
| Q3 2024 | -2.1% | -21 points |
SNEX's operating margin was 22% last quarter, up 24 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 SNEX on cash flow, with more consistent year-over-year improvement.
SNEX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$1.2B | -183% |
| Q1 2026 | $2.8B | +$2.9B |
| Q4 2025 | -$1.3B | -$785.5M |
| Q3 2025 | $3.5B | +1895% |
| Q2 2025 | $1.5B | +$2.1B |
| Q1 2025 | -$169.8M | -122% |
| Q4 2024 | -$491.4M | -452% |
| Q3 2024 | $175.9M | -51% |
SNEX's free cash flow was $3.8B over the past year, about four times what it generated the year before. Free cash flow isn't a meaningful measure for financial services companies like SNEX.
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 SNEX 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 |
SNEX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.9% | +2.3M shares |
| 1 year | +11% | +12.1M shares |
| 3 years | +19% | +19.9M shares |
| 5 years | +24% | +24M shares |
| Available history | +29% | +28.2M shares |
SNEX has 124M diluted shares, up 11% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2022 | — |
| Q3 2021 | $8.6M |
| Q2 2021 | $3.1M |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | $7.1M |
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.
SNEX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -2.0x | Net Cash |
| Q1 2026 | -2.6x | Net Cash |
| Q4 2025 | -3.1x | Net Cash |
| Q3 2025 | -6.1x | Net Cash |
| Q2 2025 | -71.1x | Net Cash |
| Q2 2024 | -14.8x | Net Cash |
| Q1 2024 | -5.5x | Net Cash |
| Q4 2023 | -1.5x | Net Cash |
SNEX 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).
SNEX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.2 | Neutral |
| Stochastic | 11.8 | Oversold |
SNEX's weekly RSI is 41 (neutral) and its Stochastic is 12 (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.
SNEX PE vs Financial Services Sector
| Metric | SNEX | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 4.8% above |
| PE % | 76 | 63 | 13 pts above |
SNEX 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 SNEX on trend strength, trading above more of its moving averages.
SNEX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $59.0 | 3.2% below |
| 20 week MA | $66.4 | 14% below |
| 50 week MA | $62.7 | 8.8% below |
| 100 week MA | $50.4 | 13% above |
| 200 week MA | $35.6 | 60% above |
SNEX has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 60% 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.
SNEX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.59 | $11.2 | +17% |
| 2021 | $11.2 | $12.1 | +7.7% |
| 2022 | $12.1 | $19.1 | +58% |
| 2023 | $19.1 | $21.9 | +15% |
| 2024 | $21.9 | $29.4 | +34% |
| 2025 | $29.4 | $44.5 | +52% |
| 2026 YTD | $44.5 | $57.1 | +28% |
SNEX has the edge over BLK on returns for 2026, with the stronger performance.