BLK vs. RJF: BlackRock vs. Raymond James Financial Stock Comparison
How do BlackRock (BLK) and Raymond James Financial (RJF) 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 Raymond James Financial (RJF) both belong to the Capital Markets industry, though BLK is classified under Asset Management & Custody Banks while RJF falls under Investment Banking & Brokerage.
| Profile Item | BLK | RJF |
|---|---|---|
| Name | BlackRock, Inc. | Raymond James Financial, 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 | 182.05 billion USD | 31.28 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 1, 1999 | July 1, 1983 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BLK | RJF |
|---|---|---|
| Total Return (1Y) | 15.55% | 3.99% |
| Total Return (3Y, Annualized) | 26.16% | 20.73% |
| Total Return (5Y, Annualized) | 7.41% | 12.47% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BLK | RJF |
|---|---|---|
| Volatility (1Y, Annualized) | 28.45% | 25.94% |
| Beta (5Y) | 1.34 | 0.91 |
| Max Drawdown (5Y) | -43.90% | -32.11% |
| Avg. Volume (3M) | 600.75K | 1.20M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BLK | RJF |
|---|---|---|
| Sharpe Ratio (1Y) | 0.40 | -0.01 |
| Sortino Ratio (1Y) | 0.58 | -0.02 |
Profitability
ROE (TTM)
Both BlackRock (BLK) at 11.61% and Raymond James Financial (RJF) at 18.73% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
BLK
Financial Services industry group
11.61%
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- BLK
- 11.61%
- Q1
- 4.48%
- Min
- -18.71%
RJF
Financial Services industry group
18.73%
- Max
- 44.78%
- Q3
- 21.85%
- RJF
- 18.73%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Both BlackRock (BLK) at 24.22% and Raymond James Financial (RJF) at 14.97% 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%
RJF
Financial Services industry group
14.97%
- Max
- 62.84%
- Q3
- 28.05%
- Median
- 15.36%
- RJF
- 14.97%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both BlackRock (BLK) at 37.90% and Raymond James Financial (RJF) at 20.88% 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%
RJF
Financial Services industry group
20.88%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- RJF
- 20.88%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | BLK | RJF |
|---|---|---|
| ROE (TTM) | 11.61% | 18.73% |
| ROA (TTM) | 3.85% | -- |
| Net Margin (TTM) | 24.22% | 14.97% |
| Operating Margin (TTM) | 37.90% | 20.88% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Only one side can be read here: BlackRock (BLK) reports revenue growth of 18.67%, ranked against its industry; Raymond James Financial (RJF) has no revenue growth figure this period.
EPS Growth
Both BlackRock (BLK) at -15.95% and Raymond James Financial (RJF) at 15.63% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | BLK | RJF |
|---|---|---|
| Revenue Growth (YoY) | 18.67% | -- |
| Revenue Growth (3Y CAGR) | 10.65% | -- |
| EPS Growth (YoY) | -15.95% | 15.63% |
| EPS Growth (3Y CAGR) | 1.30% | 14.33% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: BlackRock (BLK) in Financial Services and Raymond James Financial (RJF) 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 Raymond James Financial (RJF) 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
| Metric | BLK | RJF |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Raymond James Financial (RJF) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile BlackRock (BLK) reports a yield of 1.91%, ranking against industry peers normally.
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%
RJF
Financial Services industry group
0.00%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- RJF
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both BlackRock (BLK) at 51.00% and Raymond James Financial (RJF) at 18.48% 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%
RJF
Financial Services industry group
18.48%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- RJF
- 18.48%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BLK | RJF |
|---|---|---|
| Dividend Yield (TTM) | 1.91% | 0.00% |
| Dividend Payout Ratio (TTM) | 51.00% | 18.48% |
Valuation
P/E Ratio (TTM)
Raymond James Financial (RJF) at 13.67 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
RJF
Financial Services industry group
13.67
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- RJF
- 13.67
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
Raymond James Financial (RJF) at 1.98 is priced about in line with its industry on P/S ratio, while BlackRock (BLK) at 6.38 sits in the pricier quartile — BLK costs more per dollar of sales.
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
RJF
Financial Services industry group
1.98
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- RJF
- 1.98
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
On P/B ratio, both BlackRock (BLK) at 3.14 and Raymond James Financial (RJF) at 2.46 are valued close to their industries’ norm against book — neither stands out from peers.
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
RJF
Financial Services industry group
2.46
- Max
- 7.79
- Q3
- 3.63
- RJF
- 2.46
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | BLK | RJF |
|---|---|---|
| P/E Ratio (TTM) | 26.84 | 13.67 |
| P/S Ratio (TTM) | 6.38 | 1.98 |
| P/B Ratio (MRQ) | 3.14 | 2.46 |
| Free Cash Flow Yield (TTM) | -- | -- |