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.
BLK
BlackRock, Inc.
$1,065.60Financial ServicesDelayed quote: Sep 14, 2026, 4:00 PM EDT
MS
Morgan Stanley
$206.60Financial ServicesDelayed quote: Sep 14, 2026, 3:59 PM EDT
Total return — BLK vs MS
growth of $100 · dividends reinvested · last 10yBLK +275.2% (+14.1%/yr)MS +793.0% (+24.5%/yr)MS compounded faster over this window
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
| Metric | BLK | MS |
|---|---|---|
| P/E ratio | 25.47 | 16.82 |
| Forward P/E | 18.94 | 16.02 |
| P/S ratio | 6.05 | 2.58 |
| P/B ratio | 2.87 | 2.95 |
Profitability
| Metric | BLK | MS |
|---|---|---|
| Gross margin | 46.70% | 59.72% |
| Operating margin | 31.12% | 20.70% |
| Net margin | 24.09% | 15.99% |
| ROE | 11.41% | 18.32% |
Dividends
| Metric | BLK | MS |
|---|---|---|
| Dividend yield | 2.03% | 1.94% |
| Payout ratio | 52.29% | 33.79% |
Growth (annualized)
| Metric | BLK | MS |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
BlackRock P/E ratioMorgan Stanley P/E ratioBlackRock dividend yieldMorgan Stanley dividend yieldBlackRock ROEMorgan Stanley ROEBlackRock operating marginMorgan Stanley operating marginBlackRock revenue growthMorgan Stanley revenue growth
BlackRock & Morgan Stanley appear in these rankings
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.