BLK
BlackRock, Inc.
BLK has slightly lower modeled downside risk, despite its lower overall score.
VIRT
Virtu Financial, Inc.
VIRT 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.
VIRT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
VIRT's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like VIRT.
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.
VIRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.6x | $45.25 | -24% |
| Forward | 8.2x | $59.61 | — |
| Current | 8.8x | $59.61 | — |
| Fair | 8.9x | $60.51 | +1.5% |
| Expensive | 15x | $103 | +72% |
Historical ranges are pointers, not guarantees.
VIRT 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.
VIRT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Strong growth | |
| Weakening | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for VIRT, but weaker profitability.
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.
VIRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.30 | +7.1% |
| Q3 2026 | $6.81 | +47% |
| Q2 2026 | $6.02 | +37% |
| Q1 2026 | $6.04 | +75% |
| Q4 2025 | $5.13 | +73% |
| Q3 2025 | $4.62 | +130% |
| Q2 2025 | $4.40 | +120% |
| Q1 2025 | $3.46 | +139% |
| Q4 2024 | $2.97 | +109% |
VIRT 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 VIRT on profitability, with a higher operating margin.
VIRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +40% |
| Q2 2026 | $1.2B | +19% |
| Q1 2026 | $1.1B | +31% |
| Q4 2025 | $969.9M | +16% |
| Q3 2025 | $824.8M | +17% |
| Q2 2025 | $999.6M | +44% |
| Q1 2025 | $837.9M | +30% |
| Q4 2024 | $834.3M | +56% |
VIRT has the edge over BLK on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +6.9 points |
| Q2 2026 | 29% | -5.9 points |
| Q1 2026 | 37% | +11 points |
| Q4 2025 | 35% | +11 points |
| Q3 2025 | 22% | +1 points |
| Q2 2025 | 35% | +12 points |
| Q1 2025 | 27% | +4.9 points |
| Q4 2024 | 24% | +21 points |
VIRT's operating margin was 29% last quarter, up 6.9 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'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.
VIRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $281M | +$357.7M |
| Q2 2026 | $98.1M | +70% |
| Q1 2026 | -$5.8M | -162% |
| Q4 2025 | $505.5M | +29% |
| Q3 2025 | -$76.7M | -172% |
| Q2 2025 | $57.6M | -88% |
| Q1 2025 | $9.2M | +$407.5M |
| Q4 2024 | $391.7M | +17% |
VIRT's free cash flow was $879M over the past year, up 130% from the year before. Free cash flow isn't a meaningful measure for financial services companies like VIRT.
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 VIRT 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 |
VIRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1% | +861K shares |
| 1 year | +4.3% | +3.7M shares |
| 3 years | -5.3% | -4.9M shares |
| 5 years | -24% | -28.2M shares |
| Available history | -22% | -25.5M shares |
VIRT has 88M diluted shares, up 4.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $1.6M |
| Q2 2024 | — |
VIRT hasn't bought back shares in 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.
VIRT 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).
VIRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.8 | Neutral |
| Stochastic | 24.4 | Neutral |
VIRT's weekly RSI is 55 (neutral) and its Stochastic is 24 (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.
VIRT PE vs Financial Services Sector
| Metric | VIRT | Sector median | Relative |
|---|---|---|---|
| PE | 8.8x | 13x | 33% below |
| PE % | 47 | 63 | 16 pts below |
VIRT 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 is in an uptrend: it's above all five of its weekly moving averages, and 33% above its 200-week average.
VIRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $56.2 | 6% above |
| 20 week MA | $59.2 | 0.6% above |
| 50 week MA | $50.2 | 19% above |
| 100 week MA | $44.3 | 34% above |
| 200 week MA | $33.2 | 80% above |
VIRT is in an uptrend: it's above all five of its weekly moving averages, and 80% 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.
VIRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.0 | $25.1 | +57% |
| 2021 | $25.1 | $28.4 | +13% |
| 2022 | $28.4 | $20.8 | -27% |
| 2023 | $20.8 | $20.3 | -2.8% |
| 2024 | $20.3 | $36.6 | +81% |
| 2025 | $36.6 | $34.1 | -6.8% |
| 2026 YTD | $34.1 | $59.6 | +75% |
VIRT has the edge over BLK on returns for 2026, with the stronger performance.