BLK
BlackRock, Inc.
BLK has lower modeled downside risk, despite its lower overall score.
TREE
LendingTree, Inc.
TREE has the edge over BLK overall, supported by stronger valuation.
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.
TREE Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
TREE's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like TREE.
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 TREE in the historical PE scenario, which offers more potential upside but is not a forecast.
TREE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 3.3x | $23.41 | -34% |
| Current | 5x | $35.31 | — |
| Forward | 5.5x | $35.31 | — |
| Fair | 26x | $184 | +421% |
| Expensive | 157x | $1,107 | +3035% |
Historical ranges are pointers, not guarantees.
TREE's PE is in its cheap range at 5.0x. On analysts' estimates for next year's earnings, today's price would be 5.5x.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
TREE Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for TREE, 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.
TREE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.42 | -9.1% |
| Q3 2026 | $7.07 | +607% |
| Q2 2026 | $12.95 | +$17.02 |
| Q1 2026 | $12.92 | +$17.06 |
| Q4 2025 | $10.78 | +$13.92 |
| Q3 2025 | $1.00 | +$3.74 |
| Q2 2025 | -$4.07 | +$5.76 |
| Q1 2025 | -$4.14 | +$6.28 |
| Q4 2024 | -$3.14 | +$6.32 |
TREE 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'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 TREE on profitability, with a higher operating margin.
TREE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $343.6M | +12% |
| Q2 2026 | $313.4M | +25% |
| Q1 2026 | $327.3M | +37% |
| Q4 2025 | $319.7M | +22% |
| Q3 2025 | $307.8M | +18% |
| Q2 2025 | $250.1M | +19% |
| Q1 2025 | $239.7M | +43% |
| Q4 2024 | $261.5M | +95% |
TREE has the edge over BLK on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -20% | -30 points |
| Q2 2026 | 7% | -1.4 points |
| Q1 2026 | 9.5% | +13 points |
| Q4 2025 | 7% | +0.1 points |
| Q3 2025 | 9.3% | +5.5 points |
| Q2 2025 | 8.4% | +3.8 points |
| Q1 2025 | -3% | -7.3 points |
| Q4 2024 | 6.9% | +7 points |
TREE's operating margin was −20% last quarter, down 30 points from the same quarter a year ago, near the bottom of its range since 2019.
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.
TREE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $32.8M | +28% |
| Q2 2026 | $26M | +3.1% |
| Q1 2026 | $8.8M | +$12.4M |
| Q4 2025 | $13.5M | +0.8% |
| Q3 2025 | $25.6M | -40% |
| Q2 2025 | $25.2M | +$32.9M |
| Q1 2025 | -$3.6M | -222% |
| Q4 2024 | $13.4M | -27% |
TREE's free cash flow was $81M over the past year, up 34% from the year before. Free cash flow isn't a meaningful measure for financial services companies like TREE.
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 TREE 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 |
TREE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -14K shares |
| 1 year | +0.4% | +52K shares |
| 3 years | +8.1% | +1M shares |
| 5 years | +5.8% | +772K shares |
| Available history | -4% | -579K shares |
TREE has 14M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | $43M |
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 TREE on leverage, with a lower net debt burden relative to earnings.
TREE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 11.6x | High |
| Q2 2026 | 2.3x | Moderate |
| Q1 2026 | 2.6x | Moderate |
| Q4 2025 | 3.8x | Elevated |
| Q3 2025 | 4.2x | High |
| Q2 2025 | 5.8x | High |
| Q1 2025 | 7.6x | High |
| Q4 2024 | 5.8x | High |
TREE's net debt is about 12 years of its operating earnings (EBITDA), up from 4.2 years a year ago. Net leverage isn't a meaningful measure for financial services companies like TREE.
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).
TREE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.1 | Neutral |
| Stochastic | 56.8 | Neutral |
TREE's weekly RSI is 53 (neutral) and its Stochastic is 57 (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.
TREE PE vs Financial Services Sector
| Metric | TREE | Sector median | Relative |
|---|---|---|---|
| PE | 5x | 13x | 62% below |
| PE % | 25 | 63 | 38 pts below |
TREE 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 TREE on trend strength, trading above more of its moving averages.
TREE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $28.4 | 25% above |
| 20 week MA | $32.0 | 10% above |
| 50 week MA | $40.1 | 12% below |
| 100 week MA | $44.5 | 21% below |
| 200 week MA | $39.1 | 9.7% below |
TREE has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 9.7% 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 TREE on returns for 2026, with the stronger performance.
TREE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $294.4 | $277.5 | -5.8% |
| 2021 | $277.5 | $125.9 | -55% |
| 2022 | $125.9 | $18.9 | -85% |
| 2023 | $18.9 | $30.3 | +60% |
| 2024 | $30.3 | $39.3 | +29% |
| 2025 | $39.3 | $54.4 | +39% |
| 2026 YTD | $54.4 | $35.3 | -35% |
TREE has finished lower in three of the last six years. It's down 35% so far in 2026.