BLK
BlackRock, Inc.
BLK trails on the overall score without a compensating advantage in the available component scores.
WAFD
WaFd, Inc.
WAFD has a slight 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.
WAFD Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
WAFD's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like WAFD.
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.
WAFD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.7x | $27.59 | -5.7% |
| Forward | 8.9x | $29.27 | — |
| Current | 9.1x | $29.27 | — |
| Fair | 11x | $35.52 | +21% |
| Expensive | 14x | $44.57 | +52% |
Historical ranges are pointers, not guarantees.
WAFD 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.
WAFD Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| Low |
Analysts expect WAFD's earnings, revenue and profitability to hold roughly steady. However, they disagree widely on these estimates.
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.
WAFD Earnings Per Share
WAFD and BLK do not have enough comparable growth data to identify a winner.
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 WAFD 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.
WAFD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $205.5M | +10% |
| Q1 2026 | $197.4M | +9.8% |
| Q4 2025 | $191.4M | +12% |
| Q3 2025 | $188.3M | -0.2% |
| Q2 2025 | $186.3M | -4.2% |
| Q1 2025 | $179.8M | +4.5% |
| Q4 2024 | $171.1M | +2.8% |
| Q3 2024 | $188.7M | +6% |
WAFD's revenue has picked up after two years of holding roughly level: $206M last quarter, up 10% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 41% | -1.8 points |
| Q1 2026 | 42% | +2.4 points |
| Q4 2025 | 43% | +7.8 points |
| Q3 2025 | 41% | -1.5 points |
| Q2 2025 | 43% | +0.3 points |
| Q1 2025 | 40% | +28 points |
| Q4 2024 | 35% | -7.9 points |
| Q3 2024 | 43% | +9.5 points |
WAFD 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 has the edge over WAFD on cash flow, with more consistent year-over-year improvement.
WAFD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $63.4M | +19% |
| Q1 2026 | $68M | +2.1% |
| Q4 2025 | $50M | +16% |
| Q3 2025 | $45.6M | -49% |
| Q2 2025 | $53.1M | -8.9% |
| Q1 2025 | $66.6M | -60% |
| Q4 2024 | $43M | -58% |
| Q2 2024 | $58.3M | +189% |
WAFD's free cash flow was $227M over the past year, down 10% from the year before. Free cash flow isn't a meaningful measure for financial services companies like WAFD.
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 |
WAFD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2% | -1.5M shares |
| 1 year | -7.3% | -5.9M shares |
| 3 years | +14% | +8.8M shares |
| 5 years | +3% | +2.1M shares |
| Available history | -8% | -6.4M shares |
WAFD has the edge over BLK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $319,000 |
| Q1 2026 | $87.2M |
| Q4 2025 | $58M |
| Q3 2025 | $28.8M |
| Q2 2025 | $48.3M |
| Q1 2025 | $21.3M |
| Q4 2024 | $3.4M |
| Q3 2024 | $250,000 |
WAFD spent $174M buying back its own shares over the past year, up 138% 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 more cash than debt. Net leverage isn't a meaningful measure for financial services companies like BLK.
WAFD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -2.0x | Net Cash |
| Q1 2026 | -2.1x | Net Cash |
| Q4 2025 | -2.6x | Net Cash |
| Q3 2025 | 3.7x | Elevated |
| Q2 2025 | -3.3x | Net Cash |
| Q1 2025 | -5.0x | Net Cash |
| Q4 2024 | -3.4x | Net Cash |
| Q3 2024 | -0.4x | Net Cash |
WAFD 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).
WAFD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.2 | Oversold |
| Stochastic | 12.3 | Oversold |
WAFD's weekly RSI is 29 (oversold) 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.
WAFD PE vs Financial Services Sector
| Metric | WAFD | Sector median | Relative |
|---|---|---|---|
| PE | 9.1x | 13x | 30% below |
| PE % | 21 | 63 | 42 pts below |
WAFD 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 WAFD on trend strength, trading above more of its moving averages.
WAFD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.8 | 1.7% below |
| 20 week MA | $33.8 | 13% below |
| 50 week MA | $33.7 | 13% below |
| 100 week MA | $31.7 | 7.5% below |
| 200 week MA | $31.0 | 5.5% below |
WAFD is in a downtrend: it's below all five of its weekly moving averages, and 5.5% 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 WAFD on returns for 2026, with the stronger performance.
WAFD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.8 | $25.6 | -31% |
| 2021 | $25.6 | $33.0 | +29% |
| 2022 | $33.0 | $34.1 | +3.3% |
| 2023 | $34.1 | $33.0 | -3.2% |
| 2024 | $33.0 | $32.6 | -1.1% |
| 2025 | $32.6 | $33.1 | +1.4% |
| 2026 YTD | $33.1 | $29.3 | -11% |
WAFD has finished lower in three of the last six years. It's down 11% so far in 2026.