BLK vs. EQH: BlackRock vs. Equitable Stock Comparison

November 11, 2026

How do BlackRock (BLK) and Equitable (EQH) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

BlackRock (BLK) and Equitable (EQH) both fall under the Financial Services industry group, but BLK is classified in Capital Markets while EQH is classified in Financial Services.

Company profile comparison for BlackRock (BLK) and Equitable (EQH)
Profile Item	BLK	EQH
Name	BlackRock, Inc.	Equitable Holdings Inc.
Country/Region	United States	United States
GICS Sector	Financials	Financials
GICS Industry Group	Financial Services	Financial Services
GICS Industry	Capital Markets	Financial Services
GICS Sub-Industry	Asset Management & Custody Banks	Diversified Financial Services
Market Capitalization	182.05 billion USD	14.04 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	October 1, 1999	May 10, 2018
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

BLK

EQH

GSPC

BlackRock (BLK) vs. Equitable (EQH), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for BlackRock (BLK) and Equitable (EQH). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for BlackRock (BLK) and Equitable (EQH). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for BlackRock (BLK) and Equitable (EQH)
Metric	BLK	EQH
Total Return (1Y)	15.55%	26.35%
Total Return (3Y, Annualized)	26.16%	32.07%
Total Return (5Y, Annualized)	7.41%	12.88%

Risk Profile

Drawdown History

BLK

EQH

GSPC

BlackRock (BLK) vs. Equitable (EQH), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for BlackRock (BLK) and Equitable (EQH). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for BlackRock (BLK) and Equitable (EQH)
Metric	BLK	EQH
Volatility (1Y, Annualized)	28.45%	33.44%
Beta (5Y)	1.34	1.04
Max Drawdown (5Y)	-43.90%	-35.85%
Avg. Volume (3M)	600.75K	2.71M

Risk-Adjusted Performance

Risk-Return Positioning

BLK and EQH are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for BlackRock (BLK) and Equitable (EQH)
Metric	BLK	EQH
Sharpe Ratio (1Y)	0.40	0.66
Sortino Ratio (1Y)	0.58	0.94

Profitability

ROE (TTM)

Equitable (EQH) at 171.08% clears its industry range for ROE, a sharper capital-efficiency signal than BlackRock (BLK) at 11.61%, which is closer to a typical peer reading.

BLK

Financial Services industry group

11.61%

Max: 44.78%
Q3: 21.85%
Median: 12.91%
BLK: 11.61%
Q1: 4.48%
Min: -18.71%

EQH

Financial Services industry group

171.08%

EQH: 171.08%
Max: 44.78%
Q3: 21.85%
Median: 12.91%
Q1: 4.48%
Min: -18.71%

BlackRock (BLK) vs. Equitable (EQH): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

Both BlackRock (BLK) at 24.22% and Equitable (EQH) at 11.52% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

BLK

Financial Services industry group

24.22%

Max: 62.84%
Q3: 28.05%
BLK: 24.22%
Median: 15.36%
Q1: 4.82%
Min: -28.52%

EQH

Financial Services industry group

11.52%

Max: 62.84%
Q3: 28.05%
Median: 15.36%
EQH: 11.52%
Q1: 4.82%
Min: -28.52%

BlackRock (BLK) vs. Equitable (EQH): A comparison of their net margin against the Financial Services industry group benchmark.

Operating Margin (TTM)

Both BlackRock (BLK) at 37.90% and Equitable (EQH) at 37.18% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

BLK

Financial Services industry group

37.90%

Max: 107.33%
Q3: 55.90%
BLK: 37.90%
Median: 30.09%
Q1: 14.60%
Min: -44.34%

EQH

Financial Services industry group

37.18%

Max: 107.33%
Q3: 55.90%
EQH: 37.18%
Median: 30.09%
Q1: 14.60%
Min: -44.34%

BlackRock (BLK) vs. Equitable (EQH): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for BlackRock (BLK) and Equitable (EQH)
Metric	BLK	EQH
ROE (TTM)	11.61%	171.08%
ROA (TTM)	3.85%	0.45%
Net Margin (TTM)	24.22%	11.52%
Operating Margin (TTM)	37.90%	37.18%
Gross Margin (TTM)	--	--

Growth

Revenue Growth

BlackRock (BLK) at 18.67% is around its peer norm for revenue growth, while Equitable (EQH) at -6.12% drops into the bottom quartile, signaling weaker demand or pricing momentum.

BlackRock (BLK) vs. Equitable (EQH): A comparison of their Revenue Growth across different time periods.

EPS Growth

BlackRock (BLK) at -15.95% is around its peer norm for EPS growth, while Equitable (EQH) at -227.78% falls below its industry range, a notably weak earnings reading.

BlackRock (BLK) vs. Equitable (EQH): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for BlackRock (BLK) and Equitable (EQH)
Metric	BLK	EQH
Revenue Growth (YoY)	18.67%	-6.12%
Revenue Growth (3Y CAGR)	10.65%	-2.65%
EPS Growth (YoY)	-15.95%	-227.78%
EPS Growth (3Y CAGR)	1.30%	--

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: BlackRock (BLK) in Financial Services and Equitable (EQH) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for both: BlackRock (BLK) in Financial Services and Equitable (EQH) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Financial strength metrics for BlackRock (BLK) and Equitable (EQH)
Metric	BLK	EQH
Current Ratio (MRQ)	--	--
Debt / Equity (MRQ)	--	--
Net Debt / EBITDA	--	--

Dividends

Dividend Yield (TTM)

Both BlackRock (BLK) at 1.91% and Equitable (EQH) at 0.51% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

BLK

Financial Services industry group

1.91%

Max: 9.77%
Q3: 3.92%
BLK: 1.91%
Median: 1.09%
Q1: 0.00%
Min: 0.00%

EQH

Financial Services industry group

0.51%

Max: 9.77%
Q3: 3.92%
Median: 1.09%
EQH: 0.51%
Q1: 0.00%
Min: 0.00%

BlackRock (BLK) vs. Equitable (EQH): A comparison of their dividend yield against the Financial Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both BlackRock (BLK) at 51.00% and Equitable (EQH) at 22.49% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

BLK

Financial Services industry group

51.00%

Max: 241.07%
Q3: 97.36%
BLK: 51.00%
Median: 25.77%
Q1: 0.00%
Min: 0.00%

EQH

Financial Services industry group

22.49%

Max: 241.07%
Q3: 97.36%
Median: 25.77%
EQH: 22.49%
Q1: 0.00%
Min: 0.00%

BlackRock (BLK) vs. Equitable (EQH): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for BlackRock (BLK) and Equitable (EQH)
Metric	BLK	EQH
Dividend Yield (TTM)	1.91%	0.51%
Dividend Payout Ratio (TTM)	51.00%	22.49%

Valuation

P/E Ratio (TTM)

Equitable (EQH) at 10.39 is near its industry’s usual P/E ratio, while BlackRock (BLK) at 26.84 sits in the richer quartile — BLK needs stronger growth or earnings quality to justify the premium.

BLK

Financial Services industry group

26.84

Max: 45.85
BLK: 26.84
Q3: 24.64
Median: 15.37
Q1: 9.68
Min: 0.16

EQH

Financial Services industry group

10.39

Max: 45.85
Q3: 24.64
Median: 15.37
EQH: 10.39
Q1: 9.68
Min: 0.16

BlackRock (BLK) vs. Equitable (EQH): A comparison of their P/E ratio against the Financial Services industry group benchmark.

P/S Ratio (TTM)

Equitable (EQH) at 1.08 looks cheap on sales in the lower P/S ratio quartile, while BlackRock (BLK) at 6.38 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

BLK

Financial Services industry group

6.38

Max: 9.23
BLK: 6.38
Q3: 4.57
Median: 2.72
Q1: 1.28
Min: -0.55

EQH

Financial Services industry group

1.08

Max: 9.23
Q3: 4.57
Median: 2.72
Q1: 1.28
EQH: 1.08
Min: -0.55

BlackRock (BLK) vs. Equitable (EQH): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

Equitable (EQH) reports a negative P/B ratio of -4.92, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile BlackRock (BLK) reports 3.14, ranking against industry peers normally.

BLK

Financial Services industry group

3.14

Max: 7.79
Q3: 3.63
BLK: 3.14
Median: 1.57
Q1: 0.81
Min: -0.39

EQH

Financial Services industry group

-4.92

Max: 7.79
Q3: 3.63
Median: 1.57
Q1: 0.81
Min: -0.39
EQH: -4.92

BlackRock (BLK) vs. Equitable (EQH): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for BlackRock (BLK) and Equitable (EQH)
Metric	BLK	EQH
P/E Ratio (TTM)	26.84	10.39
P/S Ratio (TTM)	6.38	1.08
P/B Ratio (MRQ)	3.14	-4.92
Free Cash Flow Yield (TTM)	--	--