Asset Management
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WT vs BLK
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
WT vs BLK — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Asset Management | Asset Management |
| Market Cap | $2.70B | $166.54B |
| Revenue (TTM) | $494M | $20.41B |
| Net Income (TTM) | $109M | $6.10B |
| Gross Margin | 72.1% | 49.4% |
| Operating Margin | 35.3% | 37.1% |
| Forward P/E | 17.6x | 20.2x |
| Total Debt | $957M | $14.22B |
| Cash & Equiv. | $312M | $12.76B |
WT vs BLK — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| WisdomTree, Inc. (WT) | 100 | 637.5 | +537.5% |
| BlackRock, Inc. (BLK) | 100 | 203.1 | +103.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: WT vs BLK
Each card shows where this stock fits in a portfolio — not just who wins on paper.
WT is the clearest fit if your priority is growth exposure.
- Rev growth 15.4%, EPS growth 127.3%
- 15.4% NII/revenue growth vs BLK's 14.3%
- Lower P/E (17.6x vs 20.2x)
BLK carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 15 yrs, beta 1.28, yield 1.9%
- 246.4% 10Y total return vs WT's 96.5%
- Lower volatility, beta 1.28, Low D/E 28.8%, current ratio 16.40x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 15.4% NII/revenue growth vs BLK's 14.3% | |
| Value | Lower P/E (17.6x vs 20.2x) | |
| Quality / Margins | Efficiency ratio 0.1% vs WT's 0.4% (lower = leaner) | |
| Stability / Safety | Beta 1.28 vs WT's 1.44, lower leverage | |
| Dividends | 1.9% yield, 15-year raise streak, vs WT's 0.6% | |
| Momentum (1Y) | +111.7% vs BLK's +19.7% | |
| Efficiency (ROA) | Efficiency ratio 0.1% vs WT's 0.4% |
WT vs BLK — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
WT vs BLK — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
WT 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 — 41.3x WT's $494M. BLK is the more profitable business, keeping 31.2% of every revenue dollar as net income compared to WT's 22.1%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $494M | $20.4B |
| EBITDAEarnings before interest/tax | $179M | $8.3B |
| Net IncomeAfter-tax profit | $109M | $6.1B |
| Free Cash FlowCash after capex | $149M | $3.9B |
| Gross MarginGross profit ÷ Revenue | +72.1% | +49.4% |
| Operating MarginEBIT ÷ Revenue | +35.3% | +37.1% |
| Net MarginNet income ÷ Revenue | +22.1% | +31.2% |
| FCF MarginFCF ÷ Revenue | +30.2% | +23.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +55.6% | -22.7% |
Valuation Metrics
WT leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 25.4x trailing earnings, WT trades at a 1% valuation discount to BLK's 25.6x P/E. On an enterprise value basis, WT's 18.8x EV/EBITDA is more attractive than BLK's 20.7x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $2.7B | $166.5B |
| Enterprise ValueMkt cap + debt − cash | $3.3B | $168.0B |
| Trailing P/EPrice ÷ TTM EPS | 25.41x | 25.56x |
| Forward P/EPrice ÷ next-FY EPS est. | 17.60x | 20.21x |
| PEG RatioP/E ÷ EPS growth rate | — | 3.15x |
| EV / EBITDAEnterprise value multiple | 18.79x | 20.73x |
| Price / SalesMarket cap ÷ Revenue | 5.47x | 8.16x |
| Price / BookPrice ÷ Book value/share | 6.68x | 3.30x |
| Price / FCFMarket cap ÷ FCF | 18.09x | 35.43x |
Profitability & Efficiency
WT leads this category, winning 6 of 8 comparable metrics.
Profitability & Efficiency
WT delivers a 26.5% return on equity — every $100 of shareholder capital generates $26 in annual profit, vs $10 for BLK. BLK carries lower financial leverage with a 0.29x debt-to-equity ratio, signaling a more conservative balance sheet compared to WT's 2.31x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +26.5% | +9.9% |
| ROA (TTM)Return on assets | +8.6% | +3.7% |
| ROICReturn on invested capital | +11.4% | +9.9% |
| ROCEReturn on capital employed | +16.2% | +5.8% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 6 |
| Debt / EquityFinancial leverage | 2.31x | 0.29x |
| Net DebtTotal debt minus cash | $645M | $1.5B |
| Cash & Equiv.Liquid assets | $312M | $12.8B |
| Total DebtShort + long-term debt | $957M | $14.2B |
| Interest CoverageEBIT ÷ Interest expense | 5.54x | 9.27x |
Total Returns (Dividends Reinvested)
WT leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WT five years ago would be worth $28,369 today (with dividends reinvested), compared to $13,522 for BLK. Over the past 12 months, WT leads with a +111.7% total return vs BLK's +19.7%. The 3-year compound annual growth rate (CAGR) favors WT at 43.8% vs BLK's 20.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +52.6% | -0.5% |
| 1-Year ReturnPast 12 months | +111.7% | +19.7% |
| 3-Year ReturnCumulative with dividends | +197.4% | +76.6% |
| 5-Year ReturnCumulative with dividends | +183.7% | +35.2% |
| 10-Year ReturnCumulative with dividends | +96.5% | +246.4% |
| CAGR (3Y)Annualised 3-year return | +43.8% | +20.9% |
Risk & Volatility
Evenly matched — WT and BLK 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 WT's 1.44 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WT currently trades 99.6% 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 | 1.44x | 1.28x |
| 52-Week HighHighest price in past year | $19.14 | $1219.94 |
| 52-Week LowLowest price in past year | $9.03 | $906.57 |
| % of 52W HighCurrent price vs 52-week peak | +99.6% | +88.0% |
| RSI (14)Momentum oscillator 0–100 | 63.2 | 55.3 |
| Avg Volume (50D)Average daily shares traded | 3.0M | 798K |
Analyst Outlook
BLK leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates WT as "Buy" and BLK as "Buy". Consensus price targets imply 22.2% upside for BLK (target: $1312) vs -1.9% for WT (target: $19). For income investors, BLK offers the higher dividend yield at 1.91% vs WT's 0.63%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $18.70 | $1311.78 |
| # AnalystsCovering analysts | 17 | 33 |
| Dividend YieldAnnual dividend ÷ price | +0.6% | +1.9% |
| Dividend StreakConsecutive years of raises | 0 | 15 |
| Dividend / ShareAnnual DPS | $0.12 | $20.46 |
| Buyback YieldShare repurchases ÷ mkt cap | +3.8% | +1.2% |
WT leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). BLK leads in 1 (Analyst Outlook). 1 tied.
WT vs BLK: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is WT or BLK a better buy right now?
For growth investors, WisdomTree, Inc.
(WT) is the stronger pick with 15. 4% revenue growth year-over-year, versus 14. 3% for BlackRock, Inc. (BLK). WisdomTree, Inc. (WT) offers the better valuation at 25. 4x trailing P/E (17. 6x forward), making it the more compelling value choice. Analysts rate WisdomTree, Inc. (WT) a "Buy" — based on 17 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 — WT or BLK?
On trailing P/E, WisdomTree, Inc.
(WT) is the cheapest at 25. 4x versus BlackRock, Inc. at 25. 6x. On forward P/E, WisdomTree, Inc. is actually cheaper at 17. 6x.
03Which is the better long-term investment — WT or BLK?
Over the past 5 years, WisdomTree, Inc.
(WT) delivered a total return of +183. 7%, compared to +35. 2% for BlackRock, Inc. (BLK). Over 10 years, the gap is even starker: BLK returned +246. 4% versus WT's +96. 5%. 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 — WT or BLK?
By beta (market sensitivity over 5 years), BlackRock, Inc.
(BLK) is the lower-risk stock at 1. 28β versus WisdomTree, Inc. 's 1. 44β — meaning WT is approximately 12% 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 2% for WisdomTree, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — WT or BLK?
By revenue growth (latest reported year), WisdomTree, Inc.
(WT) is pulling ahead at 15. 4% versus 14. 3% for BlackRock, Inc. (BLK). On earnings-per-share growth, the picture is similar: WisdomTree, Inc. grew EPS 127. 3% year-over-year, compared to 15. 1% for BlackRock, 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 — WT or BLK?
BlackRock, Inc.
(BLK) is the more profitable company, earning 31. 2% net margin versus 22. 1% for WisdomTree, 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 35. 3% for WT. At the gross margin level — before operating expenses — WT leads at 72. 1%, 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 WT or BLK more undervalued right now?
On forward earnings alone, WisdomTree, Inc.
(WT) trades at 17. 6x forward P/E versus 20. 2x for BlackRock, Inc. — 2. 6x 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 — WT or BLK?
All stocks in this comparison pay dividends.
BlackRock, Inc. (BLK) offers the highest yield at 1. 9%, versus 0. 6% for WisdomTree, Inc. (WT).
09Is WT or BLK 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%, WT: +96. 5%), 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 WT and BLK?
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: WT is a small-cap high-growth stock; BLK is a mid-cap quality compounder 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.
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