BLK vs. GS: BlackRock vs. Goldman Sachs Stock Comparison

June 13, 2026

This page compares BlackRock (BLK) with Goldman Sachs (GS) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.

Performance

Cumulative Growth

BLK

BlackRock (BLK) vs. Goldman Sachs (GS): 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 Goldman Sachs (GS). Returns over one year are annualized.

Performance at a Glance

Performance metrics for BlackRock (BLK) and Goldman Sachs (GS)
Metric	BLK	GS
1-Year Return	6.62%	73.43%

Risk

Drawdown

BLK

BlackRock (BLK) vs. Goldman Sachs (GS): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

Risk metrics for BlackRock (BLK) and Goldman Sachs (GS)
Metric	BLK	GS
1-Year Volatility	25.94%	28.61%
Beta	1.42	1.29
3-Month Avg. Volume	734.83K	2.12M

Company Profile

BlackRock (BLK) and Goldman Sachs (GS) both belong to the Capital Markets industry, though BLK is classified under Asset Management & Custody Banks while GS falls under Investment Banking & Brokerage.

Company profile comparison for BlackRock (BLK) and Goldman Sachs (GS)
Profile Item	BLK	GS
Name	BlackRock, Inc.	The Goldman Sachs Group, Inc.
Country/Region	United States	United States
GICS Sector	Financials	Financials
GICS Industry Group	Financial Services	Financial Services
GICS Industry	Capital Markets	Capital Markets
GICS Sub-Industry	Asset Management & Custody Banks	Investment Banking & Brokerage
Market Capitalization	168.06 billion USD	313.52 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	October 1, 1999	May 4, 1999
Security Type	Common Stock	Common Stock

Valuation

Price-to-Earnings Ratio (TTM)

Goldman Sachs (GS) at 19.42 is near its industry’s usual P/E ratio, while BlackRock (BLK) at 25.98 sits in the richer quartile — BLK needs stronger growth or earnings quality to justify the premium.

BLK

Financial Services industry group

25.98

Max: 47.33
BLK: 25.98
Q3: 25.83
Median: 14.56
Q1: 9.03
Min: 0.60

GS

Financial Services industry group

19.42

Max: 47.33
Q3: 25.83
GS: 19.42
Median: 14.56
Q1: 9.03
Min: 0.60

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

Price-to-Sales Ratio (TTM)

Both BlackRock (BLK) at 6.56 and Goldman Sachs (GS) at 5.10 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

BLK

Financial Services industry group

6.56

Max: 9.45
BLK: 6.56
Q3: 4.84
Median: 2.86
Q1: 1.48
Min: -1.12

GS

Financial Services industry group

5.10

Max: 9.45
GS: 5.10
Q3: 4.84
Median: 2.86
Q1: 1.48
Min: -1.12

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

Price-to-Book Ratio (MRQ)

On P/B ratio, both BlackRock (BLK) at 2.83 and Goldman Sachs (GS) at 2.98 are valued close to their industries’ norm against book — neither stands out from peers.

BLK

Financial Services industry group

2.83

Max: 7.24
Q3: 3.50
BLK: 2.83
Median: 1.63
Q1: 0.92
Min: 0.00

GS

Financial Services industry group

2.98

Max: 7.24
Q3: 3.50
GS: 2.98
Median: 1.63
Q1: 0.92
Min: 0.00

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

Valuation at a Glance

Valuation metrics for BlackRock (BLK) and Goldman Sachs (GS)
Metric	BLK	GS
Price-to-Earnings Ratio (TTM)	25.98	19.42
Price-to-Sales Ratio (TTM)	6.56	5.10
Price-to-Book Ratio (MRQ)	2.83	2.98
Free Cash Flow Yield	--	--

Profitability

Return on Equity (TTM)

Both BlackRock (BLK) at 11.90% and Goldman Sachs (GS) at 14.55% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

BLK

Financial Services industry group

11.90%

Max: 42.17%
Q3: 21.40%
Median: 12.18%
BLK: 11.90%
Q1: 5.01%
Min: -18.74%

GS

Financial Services industry group

14.55%

Max: 42.17%
Q3: 21.40%
GS: 14.55%
Median: 12.18%
Q1: 5.01%
Min: -18.74%

BlackRock (BLK) vs. Goldman Sachs (GS): A comparison of their ROE against the Financial Services industry group benchmark.

Net Profit Margin (TTM)

Both BlackRock (BLK) at 24.40% and Goldman Sachs (GS) at 29.36% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

BLK

Financial Services industry group

24.40%

Max: 66.55%
Q3: 30.41%
BLK: 24.40%
Median: 16.58%
Q1: 4.49%
Min: -26.88%

GS

Financial Services industry group

29.36%

Max: 66.55%
Q3: 30.41%
GS: 29.36%
Median: 16.58%
Q1: 4.49%
Min: -26.88%

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

Operating Profit Margin (TTM)

Both BlackRock (BLK) at 35.64% and Goldman Sachs (GS) at 38.60% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

BLK

Financial Services industry group

35.64%

Max: 95.95%
Q3: 50.01%
BLK: 35.64%
Median: 27.45%
Q1: 12.28%
Min: -36.26%

GS

Financial Services industry group

38.60%

Max: 95.95%
Q3: 50.01%
GS: 38.60%
Median: 27.45%
Q1: 12.28%
Min: -36.26%

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

Profitability at a Glance

Profitability metrics for BlackRock (BLK) and Goldman Sachs (GS)
Metric	BLK	GS
Return on Equity (TTM)	11.90%	14.55%
Return on Assets (TTM)	3.62%	0.94%
Net Profit Margin (TTM)	24.40%	29.36%
Operating Profit Margin (TTM)	35.64%	38.60%
Gross Profit Margin (TTM)	--	--

Growth

Revenue Growth

BlackRock (BLK) vs. Goldman Sachs (GS): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

Revenue growth metrics for BlackRock (BLK) and Goldman Sachs (GS)
Metric	BLK	GS
1-Year Revenue Growth	18.67%	8.92%
3-Year Revenue CAGR	10.65%	7.16%

EPS Growth

BlackRock (BLK) vs. Goldman Sachs (GS): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

EPS growth metrics for BlackRock (BLK) and Goldman Sachs (GS)
Metric	BLK	GS
1-Year EPS Growth	-15.95%	26.59%
3-Year EPS CAGR	1.30%	19.52%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: BlackRock (BLK) in Financial Services and Goldman Sachs (GS) 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-to-Equity Ratio (MRQ)

debt-to-equity ratio is set aside for both: BlackRock (BLK) in Financial Services and Goldman Sachs (GS) 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 at a Glance

Financial strength metrics for BlackRock (BLK) and Goldman Sachs (GS)
Metric	BLK	GS
Current Ratio (MRQ)	--	--
Debt-to-Equity Ratio (MRQ)	--	--
Net Debt / EBITDA	--	--

Dividends

Dividend Yield (TTM)

Both BlackRock (BLK) at 2.22% and Goldman Sachs (GS) at 1.69% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

BLK

Financial Services industry group

2.22%

Max: 18.40%
Q3: 7.73%
BLK: 2.22%
Median: 1.93%
Q1: 0.00%
Min: 0.00%

GS

Financial Services industry group

1.69%

Max: 18.40%
Q3: 7.73%
Median: 1.93%
GS: 1.69%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Both BlackRock (BLK) at 53.76% and Goldman Sachs (GS) at 28.31% 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

53.76%

Max: 228.57%
Q3: 95.72%
BLK: 53.76%
Median: 25.56%
Q1: 0.00%
Min: 0.00%

GS

Financial Services industry group

28.31%

Max: 228.57%
Q3: 95.72%
GS: 28.31%
Median: 25.56%
Q1: 0.00%
Min: 0.00%

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

Dividends at a Glance

Dividend metrics for BlackRock (BLK) and Goldman Sachs (GS)
Metric	BLK	GS
Dividend Yield (TTM)	2.22%	1.69%
Dividend Payout Ratio (TTM)	53.76%	28.31%