BlackRock, Inc. (BLK) vs Morgan Stanley (MS)

A side-by-side comparison of BlackRock, Inc. and Morgan Stanley across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnBLK vs MS

growth of $100 · dividends reinvested · last 10y
BLK +275.2% (+14.1%/yr)MS +793.0% (+24.5%/yr)MS compounded faster over this window
200400600800Start $10020182020202220242026$375$893
BLK MS

BLK vs MS: by the numbers

  • MS is the larger company ($325.87B vs $165.16B market cap).
  • MS trades at the lower trailing earnings multiple (16.82 vs 25.47 P/E), one valuation lens rather than an overall verdict.
  • BLK converts more revenue to profit (24.09% vs 15.99% net margin).
  • MS grew revenue faster over the past five years (18.41% vs 8.61% CAGR).
  • BLK pays the higher dividend yield (2.03% vs 1.94%).

Metrics side by side

Valuation

MetricBLKMS
P/E ratio25.4716.82
Forward P/E18.9416.02
P/S ratio6.052.58
P/B ratio2.872.95

Profitability

MetricBLKMS
Gross margin46.70%59.72%
Operating margin31.12%20.70%
Net margin24.09%15.99%
ROE11.41%18.32%

Dividends

MetricBLKMS
Dividend yield2.03%1.94%
Payout ratio52.29%33.79%

Growth (annualized)

MetricBLKMS
Revenue CAGR (5Y)8.61%18.41%
EPS CAGR (5Y)2.20%9.56%
Total return CAGR (5Y)5.88%19.36%

Frequently asked

Which has the lower trailing P/E, BLK or MS?
MS has the lower trailing P/E: BLK trades at 25.47 and MS at 16.82. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, BLK or MS?
Over the past five years, MS grew revenue faster — BLK at a 8.61% CAGR versus MS at 18.41%.
Does BLK or MS pay a bigger dividend?
BLK yields 2.03% and MS yields 1.94% based on trailing dividends and the latest price.
Is BLK or MS more profitable?
BLK runs the higher net margin — BLK at 24.09% versus MS at 15.99%.
How have BLK and MS total returns compared?
Over the past 10 years, BLK delivered 14.32% and MS delivered 24.53% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.