BlackRock, Inc. (BLK)

FairStock Score: 66/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at BlackRock as a fee-based asset manager with real scale: 24,900 employees and a client base spanning institutions, pensions, governments, and individuals. That scale can create a durable moat, but the numbers must support the price. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $7.1B, net income $1.9B, and diluted EPS $12.19. In fiscal Q1 2026, the quarter ended 2026-03-31, revenue was $6.7B, net income $2.2B, and diluted EPS $14.06. For fiscal 2025, revenue was $24.2B, net income $5.6B, and diluted EPS $35.31, down from fiscal 2024 net income of $6.4B and diluted EPS of $42.01. So growth is not perfectly smooth. The balance sheet looks conservative, with D/E of 0.23 per FairStock, and Piotroski 7/9. But returns are not exceptional: ROE 12.28% and ROCE 3.74% are FairStock calculations. At the 2026-10-26 close of $1127.66, FairStock shows P/E 27.03, P/B 3.03, FCF yield 1.9%, PEG 1.33, and a Graham Number of $590.69, a -89.31% margin of safety. Altman Z is 1.56. FairStock calls it a slow grower: profit up 2.4% a year over three years and revenue up 10.7%. I admire the franchise, but the price already assumes a lot; I would want a wider discount before calling it a value opportunity.

In plain English: BlackRock manages money for institutions and individuals and also sells risk and advisory services. The business looks strong in scale and balance sheet, but profits have been uneven and the shares look expensive compared with the company’s accounting value and earnings. It pays a modest dividend, and the price leaves little room for disappointment.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer