Asset Management
Compare Stocks
2 / 10Stock Comparison
BLK vs BEN
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
BLK vs BEN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Asset Management | Asset Management |
| Market Cap | $166.54B | $16.19B |
| Revenue (TTM) | $20.41B | $8.77B |
| Net Income (TTM) | $6.10B | $812M |
| Gross Margin | 49.4% | 80.3% |
| Operating Margin | 37.1% | 6.9% |
| Forward P/E | 20.2x | 11.4x |
| Total Debt | $14.22B | $13.30B |
| Cash & Equiv. | $12.76B | $3.57B |
BLK vs BEN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| BlackRock, Inc. (BLK) | 100 | 203.1 | +103.1% |
| Franklin Resources,… (BEN) | 100 | 165.1 | +65.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: BLK vs BEN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
BLK carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 15 yrs, beta 1.28, yield 1.9%
- Rev growth 14.3%, EPS growth 15.1%
- 246.4% 10Y total return vs BEN's 24.7%
BEN is the clearest fit if your priority is value and momentum.
- Lower P/E (11.4x vs 20.2x)
- +61.7% vs BLK's +19.7%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 14.3% NII/revenue growth vs BEN's 3.5% | |
| Value | Lower P/E (11.4x vs 20.2x) | |
| Quality / Margins | Efficiency ratio 0.1% vs BEN's 0.7% (lower = leaner) | |
| Stability / Safety | Beta 1.28 vs BEN's 1.31, lower leverage | |
| Dividends | 1.9% yield, 15-year raise streak, vs BEN's 4.3% | |
| Momentum (1Y) | +61.7% vs BLK's +19.7% | |
| Efficiency (ROA) | Efficiency ratio 0.1% vs BEN's 0.7% |
BLK vs BEN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
BLK vs BEN — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
BLK leads this category, winning 3 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
BLK is the larger business by revenue, generating $20.4B annually — 2.3x BEN's $8.8B. BLK is the more profitable business, keeping 31.2% of every revenue dollar as net income compared to BEN's 6.0%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $20.4B | $8.8B |
| EBITDAEarnings before interest/tax | $8.3B | $1.2B |
| Net IncomeAfter-tax profit | $6.1B | $812M |
| Free Cash FlowCash after capex | $3.9B | $938M |
| Gross MarginGross profit ÷ Revenue | +49.4% | +80.3% |
| Operating MarginEBIT ÷ Revenue | +37.1% | +6.9% |
| Net MarginNet income ÷ Revenue | +31.2% | +6.0% |
| FCF MarginFCF ÷ Revenue | +23.0% | +10.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | -22.7% | +100.0% |
Valuation Metrics
BEN leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 25.6x trailing earnings, BLK trades at a 25% valuation discount to BEN's 34.2x P/E. On an enterprise value basis, BLK's 20.7x EV/EBITDA is more attractive than BEN's 22.8x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $166.5B | $16.2B |
| Enterprise ValueMkt cap + debt − cash | $168.0B | $25.9B |
| Trailing P/EPrice ÷ TTM EPS | 25.56x | 34.24x |
| Forward P/EPrice ÷ next-FY EPS est. | 20.21x | 11.45x |
| PEG RatioP/E ÷ EPS growth rate | 3.15x | — |
| EV / EBITDAEnterprise value multiple | 20.73x | 22.82x |
| Price / SalesMarket cap ÷ Revenue | 8.16x | 1.85x |
| Price / BookPrice ÷ Book value/share | 3.30x | 1.13x |
| Price / FCFMarket cap ÷ FCF | 35.43x | 17.76x |
Profitability & Efficiency
BLK leads this category, winning 6 of 8 comparable metrics.
Profitability & Efficiency
BLK delivers a 9.9% return on equity — every $100 of shareholder capital generates $10 in annual profit, vs $6 for BEN. BLK carries lower financial leverage with a 0.29x debt-to-equity ratio, signaling a more conservative balance sheet compared to BEN's 0.94x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +9.9% | +5.6% |
| ROA (TTM)Return on assets | +3.7% | +2.5% |
| ROICReturn on invested capital | +9.9% | +1.6% |
| ROCEReturn on capital employed | +5.8% | +2.0% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 6 |
| Debt / EquityFinancial leverage | 0.29x | 0.94x |
| Net DebtTotal debt minus cash | $1.5B | $9.7B |
| Cash & Equiv.Liquid assets | $12.8B | $3.6B |
| Total DebtShort + long-term debt | $14.2B | $13.3B |
| Interest CoverageEBIT ÷ Interest expense | 9.27x | 15.19x |
Total Returns (Dividends Reinvested)
BLK leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in BLK five years ago would be worth $13,522 today (with dividends reinvested), compared to $10,965 for BEN. Over the past 12 months, BEN leads with a +61.7% total return vs BLK's +19.7%. The 3-year compound annual growth rate (CAGR) favors BLK at 20.9% vs BEN's 11.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -0.5% | +32.3% |
| 1-Year ReturnPast 12 months | +19.7% | +61.7% |
| 3-Year ReturnCumulative with dividends | +76.6% | +37.8% |
| 5-Year ReturnCumulative with dividends | +35.2% | +9.7% |
| 10-Year ReturnCumulative with dividends | +246.4% | +24.7% |
| CAGR (3Y)Annualised 3-year return | +20.9% | +11.3% |
Risk & Volatility
Evenly matched — BLK and BEN each lead in 1 of 2 comparable metrics.
Risk & Volatility
BLK is the less volatile stock with a 1.28 beta — it tends to amplify market swings less than BEN's 1.31 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BEN currently trades 99.1% from its 52-week high vs BLK's 88.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.28x | 1.31x |
| 52-Week HighHighest price in past year | $1219.94 | $31.44 |
| 52-Week LowLowest price in past year | $906.57 | $19.79 |
| % of 52W HighCurrent price vs 52-week peak | +88.0% | +99.1% |
| RSI (14)Momentum oscillator 0–100 | 55.3 | 75.9 |
| Avg Volume (50D)Average daily shares traded | 798K | 5.1M |
Analyst Outlook
Evenly matched — BLK and BEN each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates BLK as "Buy" and BEN as "Hold". Consensus price targets imply 22.2% upside for BLK (target: $1312) vs -7.7% for BEN (target: $29). For income investors, BEN offers the higher dividend yield at 4.26% vs BLK's 1.91%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $1311.78 | $28.75 |
| # AnalystsCovering analysts | 33 | 27 |
| Dividend YieldAnnual dividend ÷ price | +1.9% | +4.3% |
| Dividend StreakConsecutive years of raises | 15 | 6 |
| Dividend / ShareAnnual DPS | $20.46 | $1.33 |
| Buyback YieldShare repurchases ÷ mkt cap | +1.2% | +1.5% |
BLK leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). BEN leads in 1 (Valuation Metrics). 2 tied.
BLK vs BEN: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is BLK or BEN a better buy right now?
For growth investors, BlackRock, Inc.
(BLK) is the stronger pick with 14. 3% revenue growth year-over-year, versus 3. 5% for Franklin Resources, Inc. (BEN). BlackRock, Inc. (BLK) offers the better valuation at 25. 6x trailing P/E (20. 2x forward), making it the more compelling value choice. Analysts rate BlackRock, Inc. (BLK) a "Buy" — based on 33 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — BLK or BEN?
On trailing P/E, BlackRock, Inc.
(BLK) is the cheapest at 25. 6x versus Franklin Resources, Inc. at 34. 2x. On forward P/E, Franklin Resources, Inc. is actually cheaper at 11. 4x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — BLK or BEN?
Over the past 5 years, BlackRock, Inc.
(BLK) delivered a total return of +35. 2%, compared to +9. 7% for Franklin Resources, Inc. (BEN). Over 10 years, the gap is even starker: BLK returned +246. 4% versus BEN's +24. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — BLK or BEN?
By beta (market sensitivity over 5 years), BlackRock, Inc.
(BLK) is the lower-risk stock at 1. 28β versus Franklin Resources, Inc. 's 1. 31β — meaning BEN is approximately 2% more volatile than BLK relative to the S&P 500. On balance sheet safety, BlackRock, Inc. (BLK) carries a lower debt/equity ratio of 29% versus 94% for Franklin Resources, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — BLK or BEN?
By revenue growth (latest reported year), BlackRock, Inc.
(BLK) is pulling ahead at 14. 3% versus 3. 5% for Franklin Resources, Inc. (BEN). On earnings-per-share growth, the picture is similar: BlackRock, Inc. grew EPS 15. 1% year-over-year, compared to 7. 1% for Franklin Resources, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — BLK or BEN?
BlackRock, Inc.
(BLK) is the more profitable company, earning 31. 2% net margin versus 6. 0% for Franklin Resources, Inc. — meaning it keeps 31. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BLK leads at 37. 1% versus 6. 9% for BEN. At the gross margin level — before operating expenses — BEN leads at 80. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is BLK or BEN more undervalued right now?
On forward earnings alone, Franklin Resources, Inc.
(BEN) trades at 11. 4x forward P/E versus 20. 2x for BlackRock, Inc. — 8. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for BLK: 22. 2% to $1311. 78.
08Which pays a better dividend — BLK or BEN?
All stocks in this comparison pay dividends.
Franklin Resources, Inc. (BEN) offers the highest yield at 4. 3%, versus 1. 9% for BlackRock, Inc. (BLK).
09Is BLK or BEN better for a retirement portfolio?
For long-horizon retirement investors, BlackRock, Inc.
(BLK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 28), 1. 9% yield, +246. 4% 10Y return). Both have compounded well over 10 years (BLK: +246. 4%, BEN: +24. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between BLK and BEN?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: BLK is a mid-cap quality compounder stock; BEN is a mid-cap income-oriented stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.