BLK vs. BX

Last updated Apr 2, 2026

Compare and contrast key facts about BlackRock, Inc. (BLK) and The Blackstone Group Inc. (BX).

Performance

BLK vs. BX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock, Inc. (BLK) and The Blackstone Group Inc. (BX). The values are adjusted to include any dividend payments, if applicable.

BLK vs. BX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BLK BlackRock, Inc.	-10.05%	6.55%	29.29%	17.86%	-20.40%	29.39%	47.21%	31.87%	-21.59%	38.20%
BX The Blackstone Group Inc.	-24.97%	-7.84%	35.07%	82.75%	-40.01%	107.11%	19.78%	96.33%	0.10%	27.34%

Fundamentals

Market Cap BLK : $158.35B BX : $89.28B
EPS BLK : $34.83 BX : $5.09
PE Ratio BLK : 27.49 BX : 22.47
PS Ratio BLK : 6.31 BX : 6.46
PB Ratio BLK : 2.83 BX : 10.30
Total Revenue (TTM) BLK : $24.18B BX : $13.83B
Gross Profit (TTM) BLK : $14.77B BX : $13.45B
EBITDA (TTM) BLK : $8.44B BX : $7.21B

Returns By Period

In the year-to-date period, BLK achieves a -10.05% return, which is significantly higher than BX's -24.97% return. Over the past 10 years, BLK has underperformed BX with an annualized return of 13.61%, while BX has yielded a comparatively higher 20.32% annualized return.

BLK

• 1D: -0.45%
• 1M: -9.88%
• YTD: -10.05%
• 6M: -15.22%
• 1Y: 3.50%
• 3Y*: 15.37%
• 5Y*: 7.07%
• 10Y*: 13.61%

BX

• 1D: -0.57%
• 1M: -0.87%
• YTD: -24.97%
• 6M: -30.59%
• 1Y: -17.21%
• 3Y*: 12.62%
• 5Y*: 12.52%
• 10Y*: 20.32%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BLK vs. BX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BLK

BLK Risk / Return Rank: 42
BLK Sharpe Ratio Rank: 45
BLK Sortino Ratio Rank: 37
BLK Omega Ratio Rank: 38
BLK Calmar Ratio Rank: 44
BLK Martin Ratio Rank: 45

BX

BX Risk / Return Rank: 24
BX Sharpe Ratio Rank: 21
BX Sortino Ratio Rank: 21
BX Omega Ratio Rank: 21
BX Calmar Ratio Rank: 30
BX Martin Ratio Rank: 27

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BLK vs. BX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock, Inc. (BLK) and The Blackstone Group Inc. (BX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BLK	BX	Difference
Sharpe ratio Return per unit of total volatility	0.12	-0.44	+0.56
Sortino ratio Return per unit of downside risk	0.36	-0.39	+0.76
Omega ratio Gain probability vs. loss probability	1.05	0.95	+0.10
Calmar ratio Return relative to maximum drawdown	0.14	-0.34	+0.49
Martin ratio Return relative to average drawdown	0.37	-0.81	+1.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BLK vs. BX - Sharpe Ratio Comparison

The current BLK Sharpe Ratio is 0.12, which is higher than the BX Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of BLK and BX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BLK	BX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.12	-0.44	+0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.32	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	0.57	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.28	+0.31

Correlation

The correlation between BLK and BX is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BLK vs. BX - Dividend Comparison

BLK's dividend yield for the trailing twelve months is around 2.23%, less than BX's 4.15% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BLK BlackRock, Inc.	2.23%	1.95%	1.99%	2.46%	2.75%	1.80%	2.01%	2.63%	3.08%	1.95%	2.41%	2.56%
BX The Blackstone Group Inc.	4.15%	3.04%	2.00%	2.54%	6.66%	2.76%	2.95%	3.43%	8.12%	7.25%	6.14%	11.76%

Drawdowns

BLK vs. BX - Drawdown Comparison

The maximum BLK drawdown since its inception was -60.36%, smaller than the maximum BX drawdown of -87.62%. Use the drawdown chart below to compare losses from any high point for BLK and BX.

Drawdown Indicators

	BLK	BX	Difference
Max Drawdown Largest peak-to-trough decline	-60.36%	-87.62%	+27.26%
Max Drawdown (1Y) Largest decline over 1 year	-22.45%	-44.76%	+22.31%
Max Drawdown (5Y) Largest decline over 5 years	-43.90%	-49.29%	+5.39%
Max Drawdown (10Y) Largest decline over 10 years	-43.90%	-49.29%	+5.39%
Current Drawdown Current decline from peak	-19.56%	-40.10%	+20.54%
Average Drawdown Average peak-to-trough decline	-11.92%	-25.60%	+13.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.70%	19.11%	-10.41%

Volatility

BLK vs. BX - Volatility Comparison

The current volatility for BlackRock, Inc. (BLK) is 10.64%, while The Blackstone Group Inc. (BX) has a volatility of 11.93%. This indicates that BLK experiences smaller price fluctuations and is considered to be less risky than BX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BLK	BX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.64%	11.93%	-1.29%
Volatility (6M) Calculated over the trailing 6-month period	19.82%	25.39%	-5.57%
Volatility (1Y) Calculated over the trailing 1-year period	29.05%	39.68%	-10.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.51%	38.83%	-12.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.63%	35.55%	-7.92%

Financials

BLK vs. BX - Profitability Comparison

The chart below illustrates the profitability comparison between BlackRock, Inc. and The Blackstone Group Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BLK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, BlackRock, Inc. reported a gross profit of 5.74B and revenue of 6.97B. Therefore, the gross margin over that period was 82.4%.

BX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Blackstone Group Inc. reported a gross profit of 4.36B and revenue of 4.36B. Therefore, the gross margin over that period was 100.0%.

BLK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, BlackRock, Inc. reported an operating income of 2.08B and revenue of 6.97B, resulting in an operating margin of 29.9%.

BX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Blackstone Group Inc. reported an operating income of 2.36B and revenue of 4.36B, resulting in an operating margin of 54.2%.

BLK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, BlackRock, Inc. reported a net income of 1.13B and revenue of 6.97B, resulting in a net margin of 16.2%.

BX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Blackstone Group Inc. reported a net income of 1.97B and revenue of 4.36B, resulting in a net margin of 45.3%.