BlackRock (BLK) vs Blackstone Inc. (BX)
BlackRock and Blackstone Inc. are both Asset Management companies. BlackRock is the larger, with a market value of $174.4B against $145.4B — 1.2× the size. BlackRock trades at the lower P/E: 25.6× against 26.5×. BlackRock grew revenue faster over the last twelve months: 26.5% against 17.2%. BlackRock has the higher net margin (24.1% vs 21.8%) and the lower return on invested capital (8.37% vs 15.1%). Both pay a dividend; Blackstone Inc. yields more (3.34% vs 2.62%). Across the 22 metrics below, Blackstone Inc. leads on 13 and BlackRock on 9.
Valuation
Profitability
| Metric | BLK | BX | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | 32.57% | 50.49% | 33.03% |
| Net margin | 24.09% | 21.84% | 13.53% |
| Free cash flow margin | 12.88% | 34.05% | 12.44% |
| Return on equity | 12.27% | 17.31% | 4.83% |
| Return on assets | 4.08% | 7.39% | 1.57% |
| Return on invested capital | 8.37% | 15.08% | 3.04% |
Growth
Health
Dividend
Size
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