LIVE
BLK
BlackRock, Inc. · Financials
$1,031.56
-0.04% this month
VERSUS
⟷
COMPARE
BX
Blackstone Inc. · Financials
$125.42
+2.14% this month
Scoreboard verdict
Across AI score, momentum, valuation, upside, operating margin
BLK
4
BX
0
Comparison scoreboard
BLK LEADS 4/5AI Score
BLK ✓51.8
BX 49.5
1Y Return
BLK ✓-6.36%
BX -20.44%
Fwd P/E
BLK ✓16.74
BX 16.86
Target Up.
BLK ✓+21.52%
BX +12.14%
Op. Margin
BLK 35.64%
BX N/A
Metrics last refreshed: 7/14/2026
Quick take
BLK vs BX: BlackRock vs Blackstone Stock Comparison: AI Score, Valuation, Performance and Upside
BlackRock is the world's largest public market asset manager built around iShares ETFs and Aladdin technology, while Blackstone is the world's largest alternative asset manager built around private equity, real estate, and credit. Both are extraordinary financial businesses but serve very different investor types and fee economics.
BLK vs BX is passive ETF and technology platform at massive scale versus alternative investment management with premium performance fees — BlackRock wins if passive investing flows and Aladdin technology compound; Blackstone wins if institutional alt allocations grow and exit markets support realized carried interest.
Live analysis · updated 7/14/2026
BLK holds the edge across 4 of 5 key metrics in this comparison. BLK leads on both 1-year return (-6.36%) and forward P/E quality (16.74x vs 16.86x for BX), a relatively favorable combination of momentum and valuation. Analyst consensus implies meaningfully more upside for BLK (+21.52%) than for BX (+12.14%).
Normalized 1Y performance
BLK
BX
Recent returns
BLK
BX
Analyst price targets & sentiment
BLK · 16 analysts
STRONG BUYHOLDSTRONG SELL
Buy (1.5/5.0)
Price target range
analyst low$950.00
analyst mean$1,259.06
current price$1,031.56
+21.5% upside to analyst mean
BX · 20 analysts
STRONG BUYHOLDSTRONG SELL
Buy (2.0/5.0)
Price target range
analyst low$114.00
analyst high$184.00
analyst mean$140.65
current price$125.42
+12.1% upside to analyst mean
Who should consider this stock?
BLK may suit investors who:
- →want the world's largest ETF platform with secular tailwinds from passive investing adoption
- →value Aladdin's SaaS-like technology revenue independent of market performance
- →prefer more predictable management fee income vs Blackstone's lumpy carried interest
- →believe GIP infrastructure acquisition adds meaningful alternative AUM diversification
BX may suit investors who:
- →want alternative investment management exposure across PE, real estate, credit, and infrastructure
- →believe institutional and retail 'alt allocation' growth is a multi-decade secular trend
- →value Blackstone's performance-based carried interest as significant upside in favorable exit markets
- →prefer premium alternative fee economics vs BlackRock's declining ETF fee rates
Performance & AI score
| Metric | BLK | BX |
|---|---|---|
| AI score | 51.8 | 49.5 |
| AI rank | #398 | #539 |
| Latest close | $1,031.56 | $125.42 |
| 1M return | -0.04% | +2.14% |
| 6M return | -4.93% | -18.22% |
| 1Y return | -6.36% | -20.44% |
$10,000 invested — hypothetical growth (dividends reinvested)
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | BLK | BX |
|---|---|---|
| 1Y ago | $9.28K (-7.2%) started 2025-07-14 | $8.25K (-17.5%) started 2025-07-14 |
| 5Y ago | $14.22K (+42.2%) started 2021-07-14 | $18.15K (+81.5%) started 2021-07-14 |
| 10Y ago | $46.32K (+363.2%) started 2016-07-14 | $136.78K (+1267.8%) started 2016-07-14 |
Hypothetical — past performance does not guarantee future results.
Valuation & upside potential
| Metric | BLK | BX |
|---|---|---|
| Market cap | $168.47B | $153.3B |
| Trailing P/E | 26.11 | 32.08 |
| Forward P/E | 16.74 | 16.86 |
| Price/Sales | 7.31 | 10.65 |
| EV/Revenue | 6.60 | 8.46 |
| Analyst target | $1,259.06 | $140.65 |
| Target upside | +21.52% | +12.14% |
Growth, profitability & risk
| Metric | BLK | BX |
|---|---|---|
| Revenue growth | 27.00% | 5.70% |
| Earnings growth | 45.90% | 3.90% |
| EPS growth | +45.90% | +3.90% |
| FCF margin | +27.62% | N/A |
| Operating margin | 35.64% | N/A |
| Profit margin | 24.40% | 21.21% |
| ROIC proxy | 11.90% | 29.53% |
| Return on equity | 11.90% | 29.53% |
| Dividend yield | 2.25% | 4.04% |
| Beta | 1.44 | 1.58 |
| Debt/equity | 23.64 | 72.02 |
| Current ratio | 2.17 | 0.90 |
| Quick ratio | 1.60 | 0.85 |
Drawdown & downside risk
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
1Y risk snapshot
BLK max drawdown23.26%
BX max drawdown44.76%
BLK max wkly drop10.83%
BX max wkly drop12.44%
5Y risk snapshot
BLK max drawdown43.90%
BX max drawdown49.29%
BLK max wkly drop13.63%
BX max wkly drop21.23%
10Y risk snapshot
BLK max drawdown43.90%
BX max drawdown49.29%
BLK max wkly drop18.26%
BX max wkly drop30.68%
Performance metrics by period
| Period | Metric | BLK | BX |
|---|---|---|---|
| 1Y | Growth | -7.19% | -20.44% |
| CAGR | -7.22% | -20.45% | |
| Sharpe ratio | -0.32 | -0.60 | |
| Max drawdown | 23.26% | 44.76% | |
| Max daily drop | 7.69% | 6.23% | |
| Max wkly drop | 10.83% | 12.44% | |
| 5Y | Growth | +28.79% | +50.79% |
| CAGR | +5.19% | +8.56% | |
| Sharpe ratio | 0.16 | 0.29 | |
| Max drawdown | 43.90% | 49.29% | |
| Max daily drop | 7.71% | 10.00% | |
| Max wkly drop | 13.63% | 21.23% | |
| 10Y | Growth | +262.21% | +682.15% |
| CAGR | +13.74% | +22.84% | |
| Sharpe ratio | 0.44 | 0.63 | |
| Max drawdown | 43.90% | 49.29% | |
| Max daily drop | 13.65% | 15.40% | |
| Max wkly drop | 18.26% | 30.68% |
Business comparison
| Category | BLK | BX |
|---|---|---|
| Company | BlackRock, Inc. | Blackstone Inc. |
| Sector | Financial Services | Financials |
| Industry | Asset Management | N/A |
| Core business | World's largest asset manager with $11T+ in AUM across ETFs (iShares), active mutual funds, multi-asset strategies, and institutional alternatives. BlackRock's Aladdin risk management platform is used by thousands of financial institutions worldwide. | World's largest alternative asset manager with $1T+ in AUM across private equity, real estate (BREIT), credit, hedge funds, and infrastructure. Blackstone earns base management fees and performance-related earnings (carried interest) from alternative investment funds. |
| Investor focus | Net flow into iShares ETFs and active strategies, fee rate trends as ETFs take share, Aladdin technology revenue, and private markets expansion (GIP infrastructure acquisition). | Perpetual capital AUM growth (BREIT, BCRED), fee-related earnings, distributable earnings, and private equity exit environment for realizing carried interest. |
BLK strengths
- →iShares is the world's largest ETF platform — a structural beneficiary of the decades-long shift from active to passive investing
- →Aladdin technology platform creates recurring SaaS-like revenue from financial institutions independent of market beta
- →GIP acquisition expands BlackRock into infrastructure private markets, adding an alternative asset segment to diversify from public market fee pressure
BX strengths
- →Blackstone's alternative investment platform benefits from secular institutional allocation growth from 'alts' as pension funds seek higher returns
- →BREIT (perpetual non-traded REIT) and BCRED (perpetual credit fund) provide management fees that are not dependent on fund lifecycle exits
- →Blackstone's brand and track record in private real estate and private equity attract continued capital commitments from global institutional investors
Risks to watch — BLK
- →ETF fee compression is secular — BlackRock must offset declining fee rates with growing AUM volumes
- →Competition from Vanguard and State Street in core ETF products compresses fees on the largest ETF categories
- →Active strategies are under long-term structural pressure as investors prefer passive at lower cost
Risks to watch — BX
- →BREIT redemption requests during 2022-2023 illustrated the liquidity risk of perpetual non-traded vehicles
- →Carried interest income is lumpy and depends on exit market conditions for private equity and real estate
- →Rising interest rates increase the cost of leveraged buyout financing, reducing PE deal activity and limiting performance
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