BLK vs. MSCI: BlackRock vs. MSCI Stock Comparison

November 11, 2026

How do BlackRock (BLK) and MSCI (MSCI) 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 MSCI (MSCI) both belong to the Capital Markets industry, though BLK is classified under Asset Management & Custody Banks while MSCI falls under Financial Exchanges & Data.

Company profile comparison for BlackRock (BLK) and MSCI (MSCI)
Profile Item	BLK	MSCI
Name	BlackRock, Inc.	MSCI 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	Financial Exchanges & Data
Market Capitalization	182.05 billion USD	46.60 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	October 1, 1999	November 15, 2007
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

BLK

MSCI

GSPC

BlackRock (BLK) vs. MSCI (MSCI), 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

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

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for BlackRock (BLK) and MSCI (MSCI)
Metric	BLK	MSCI
Total Return (1Y)	15.55%	12.76%
Total Return (3Y, Annualized)	26.16%	9.86%
Total Return (5Y, Annualized)	7.41%	1.00%

Risk Profile

Drawdown History

BLK

MSCI

GSPC

BlackRock (BLK) vs. MSCI (MSCI), 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

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

Risk Metrics

Risk profile metrics for BlackRock (BLK) and MSCI (MSCI)
Metric	BLK	MSCI
Volatility (1Y, Annualized)	28.45%	29.82%
Beta (5Y)	1.34	1.17
Max Drawdown (5Y)	-43.90%	-43.74%
Avg. Volume (3M)	600.75K	590.34K

Risk-Adjusted Performance

Risk-Return Positioning

BLK and MSCI 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 MSCI (MSCI)
Metric	BLK	MSCI
Sharpe Ratio (1Y)	0.40	0.28
Sortino Ratio (1Y)	0.58	0.40

Profitability

ROE (TTM)

Capital efficiency shows on one side only: BlackRock (BLK) earns 11.61% on shareholders’ equity, ranked against its industry; MSCI (MSCI) has no ROE this period.

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%

MSCI

Financial Services industry group

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

BlackRock (BLK) vs. MSCI (MSCI): MSCI does not report ROE, so it has no value marker; BLK is benchmarked against the Financial Services industry group.

Net Margin (TTM)

MSCI (MSCI) at 40.31% retains a top-quartile share of revenue as profit, ahead of BlackRock (BLK) at 24.22%, which keeps about the industry-typical share.

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%

MSCI

Financial Services industry group

40.31%

Max: 62.84%
MSCI: 40.31%
Q3: 28.05%
Median: 15.36%
Q1: 4.82%
Min: -28.52%

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

Operating Margin (TTM)

MSCI (MSCI) at 56.41% operates in the top operating margin quartile, ahead of BlackRock (BLK) at 37.90%, which runs around its industry’s norm.

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%

MSCI

Financial Services industry group

56.41%

Max: 107.33%
MSCI: 56.41%
Q3: 55.90%
Median: 30.09%
Q1: 14.60%
Min: -44.34%

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

Profitability Metrics

Profitability metrics for BlackRock (BLK) and MSCI (MSCI)
Metric	BLK	MSCI
ROE (TTM)	11.61%	--
ROA (TTM)	3.85%	21.75%
Net Margin (TTM)	24.22%	40.31%
Operating Margin (TTM)	37.90%	56.41%
Gross Margin (TTM)	--	--

Growth

Revenue Growth

Both BlackRock (BLK) at 18.67% and MSCI (MSCI) at 9.75% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Both BlackRock (BLK) at -15.95% and MSCI (MSCI) at 11.67% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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

Growth Metrics

Growth metrics for BlackRock (BLK) and MSCI (MSCI)
Metric	BLK	MSCI
Revenue Growth (YoY)	18.67%	9.75%
Revenue Growth (3Y CAGR)	10.65%	11.71%
EPS Growth (YoY)	-15.95%	11.67%
EPS Growth (3Y CAGR)	1.30%	13.54%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: BlackRock (BLK) in Financial Services and MSCI (MSCI) 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 MSCI (MSCI) 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 MSCI (MSCI)
Metric	BLK	MSCI
Current Ratio (MRQ)	--	--
Debt / Equity (MRQ)	--	--
Net Debt / EBITDA	--	--

Dividends

Dividend Yield (TTM)

Both BlackRock (BLK) at 1.91% and MSCI (MSCI) at 1.21% 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%

MSCI

Financial Services industry group

1.21%

Max: 9.77%
Q3: 3.92%
MSCI: 1.21%
Median: 1.09%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Both BlackRock (BLK) at 51.00% and MSCI (MSCI) at 42.04% 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%

MSCI

Financial Services industry group

42.04%

Max: 241.07%
Q3: 97.36%
MSCI: 42.04%
Median: 25.77%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for BlackRock (BLK) and MSCI (MSCI)
Metric	BLK	MSCI
Dividend Yield (TTM)	1.91%	1.21%
Dividend Payout Ratio (TTM)	51.00%	42.04%

Valuation

P/E Ratio (TTM)

Both BlackRock (BLK) at 26.84 and MSCI (MSCI) at 33.90 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

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

MSCI

Financial Services industry group

33.90

Max: 45.85
MSCI: 33.90
Q3: 24.64
Median: 15.37
Q1: 9.68
Min: 0.16

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

P/S Ratio (TTM)

Both look expensive on sales: BlackRock (BLK) at 6.38 sits in the upper P/S ratio quartile, and MSCI (MSCI) at 13.58 prices even higher, above its industry range.

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

MSCI

Financial Services industry group

13.58

MSCI: 13.58
Max: 9.23
Q3: 4.57
Median: 2.72
Q1: 1.28
Min: -0.55

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

P/B Ratio (MRQ)

MSCI (MSCI) reports a negative P/B ratio of -15.24, 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

MSCI

Financial Services industry group

-15.24

Max: 7.79
Q3: 3.63
Median: 1.57
Q1: 0.81
Min: -0.39
MSCI: -15.24

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

Valuation Metrics

Valuation metrics for BlackRock (BLK) and MSCI (MSCI)
Metric	BLK	MSCI
P/E Ratio (TTM)	26.84	33.90
P/S Ratio (TTM)	6.38	13.58
P/B Ratio (MRQ)	3.14	-15.24
Free Cash Flow Yield (TTM)	--	--