BLK
BlackRock, Inc.
BLK's fundamentals are mixed, but it looks expensive: trading at 28x earnings, above its usual 22x.
TIPT
Tiptree Inc.
There isn't enough reported data to score TIPT 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.
TIPT Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| N/A | |
| N/A |
TIPT's profitability is currently healthy. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like TIPT.
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.
TIPT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 1.6x | $17.52 | — |
| Cheap | 8.4x | $92.06 | +425% |
| Fair | 18x | $198 | +1029% |
| Expensive | 30x | $328 | +1775% |
Historical ranges are pointers, not guarantees.
TIPT 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.
TIPT Forward outlook
There aren't enough analyst estimates for TIPT to show an outlook.
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.
TIPT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $10.91 | +883% |
| Q2 2026 | $10.90 | +758% |
| Q1 2026 | $0.97 | -20% |
| Q4 2025 | $0.76 | -42% |
| Q3 2025 | $1.11 | +13% |
| Q2 2025 | $1.27 | +74% |
| Q1 2025 | $1.21 | +109% |
| Q4 2024 | $1.30 | +294% |
TIPT 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 stronger quarterly revenue trend. Revenue is up 19% for BLK versus down 100% for TIPT.
| 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.
TIPT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2025 | $540.3M | +9.3% |
| Q2 2025 | $528.8M | -3.3% |
| Q1 2025 | $497.4M | -0.2% |
| Q4 2024 | $503.6M | +13% |
| Q3 2024 | $494.4M | +19% |
| Q2 2024 | $546.7M | +35% |
| Q1 2024 | $498.2M | +31% |
| Q4 2023 | $446.4M | +21% |
TIPT's revenue has slid since its 2024 peak: $0 last quarter, down 100% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2025 | 7.1% | -0.4 points |
| Q2 2025 | 10% | +2.5 points |
| Q1 2025 | 5.1% | -0.9 points |
| Q4 2024 | 8.4% | +1.6 points |
| Q3 2024 | 7.4% | +2.4 points |
| Q2 2024 | 7.4% | +1.6 points |
| Q1 2024 | 6% | +3.8 points |
| Q4 2023 | 6.7% | 0 points |
TIPT's operating margin was 7.1% 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 has the edge over TIPT on cash generation, producing positive trailing cash flow while its opponent burns cash.
TIPT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$182.1M | -237% |
| Q2 2026 | $53M | +164% |
| Q1 2026 | -$18.2M | +$16.3M |
| Q4 2025 | $49.2M | -28% |
| Q3 2025 | $133.4M | +120% |
| Q2 2025 | $20.1M | -56% |
| Q1 2025 | -$34.4M | -156% |
| Q4 2024 | $68.2M | +$91.8M |
TIPT's free cash flow was −$98M over the past year, against $187M the year before. Free cash flow isn't a meaningful measure for financial services companies like TIPT.
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 |
TIPT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.8% | +287K shares |
| 1 year | -2.1% | -796K shares |
| 3 years | +0.3% | +104K shares |
| 5 years | +11% | +3.7M shares |
| Available history | +9.8% | +3.4M shares |
TIPT has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q4 2022 | $73,000 |
| Q3 2022 | $718,000 |
| Q2 2022 | $936,000 |
| Q1 2022 | — |
| Q4 2021 | $5.3M |
| Q3 2021 | — |
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.
TIPT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.6x | Very low |
| Q1 2025 | 0.9x | Very low |
| Q4 2024 | 0.6x | Very low |
| Q3 2024 | -0.1x | Net Cash |
| Q2 2024 | -0.8x | Net Cash |
| Q1 2024 | -0.5x | Net Cash |
| Q4 2023 | -0.6x | Net Cash |
TIPT's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago. Net leverage isn't a meaningful measure for financial services companies like TIPT.
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).
TIPT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.9 | Neutral |
| Stochastic | 46.4 | Neutral |
TIPT's weekly RSI is 50 (neutral) and its Stochastic is 46 (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.
TIPT PE vs Financial Services Sector
| Metric | TIPT | Sector median | Relative |
|---|---|---|---|
| PE | 1.6x | 13x | 88% below |
| PE % | 2 | 63 | 61 pts below |
TIPT 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 TIPT on trend strength, trading above more of its moving averages.
TIPT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.1 | 2.6% above |
| 20 week MA | $17.7 | 0.7% below |
| 50 week MA | $17.5 | 0.2% above |
| 100 week MA | $19.3 | 9.3% below |
| 200 week MA | $18.2 | 3.7% below |
TIPT's trend is mixed: it's above two of its five weekly moving averages, and 3.7% 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 TIPT on returns for 2026, with the stronger performance.
TIPT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $8.04 | $5.00 | -38% |
| 2021 | $5.00 | $13.7 | +174% |
| 2022 | $13.7 | $14.3 | +4.3% |
| 2023 | $14.3 | $19.0 | +33% |
| 2024 | $19.0 | $20.7 | +9.2% |
| 2025 | $20.7 | $18.1 | -13% |
| 2026 YTD | $18.1 | $17.5 | -3.3% |
TIPT has finished higher in four of the last six years. It's down 3.3% so far in 2026.