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

MS leads on 8 of 12 compared metrics.

A side-by-side comparison of BlackRock, Inc. and Morgan Stanley across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — BLK vs MS

growth of $100 · last 27y
BLK +7203.6%MS +464.7%BLK compounded faster
Log scale — wide-divergence pair
101001k10kStart $10020042009201420192024$7,304$565
BLK MS

BLK vs MS: by the numbers

  • MS is the larger company ($337.60B vs $160.20B market cap).
  • MS trades at the lower earnings multiple (19.46 vs 25.90 P/E).
  • BLK converts more revenue to profit (24.33% vs 15.13% net margin).
  • MS grew revenue faster over the past five years (17.47% vs 8.76% CAGR).
  • BLK pays the higher dividend yield (2.12% vs 1.87%).

Which is better, BLK or MS?

Metric tally: BLK 4 · MS 8

It depends on what you're optimizing for:

ValueMS(lower P/E)
GrowthMS(faster 5Y revenue CAGR)
IncomeBLK(higher dividend yield)
QualityBLK(higher ROIC)

Metrics side by side

Valuation

MetricBLKMS
P/E ratio25.9019.46
Forward P/E19.4018.00
P/S ratio6.622.84
P/B ratio3.002.98
PEG ratio11.720.58

Profitability

MetricBLKMS
Gross margin59.14%57.99%
Operating margin29.87%19.48%
Net margin24.33%15.13%
ROE11.03%15.91%
ROIC3.27%1.69%

Dividends

MetricBLKMS
Dividend yield2.12%1.87%
Payout ratio61.05%38.68%

Growth (annualized)

MetricBLKMS
Revenue CAGR (5Y)8.76%17.47%
EPS CAGR (5Y)2.21%9.56%
Total return CAGR (5Y)5.76%22.22%

Frequently asked

Which is better, BLK or MS?
It depends on your goal. value: MS (lower P/E); growth: MS (faster 5Y revenue CAGR); income: BLK (higher dividend yield); quality: BLK (higher ROIC). Across all compared metrics, MS leads 8 to 4.
Is BLK or MS cheaper?
On trailing earnings, MS is cheaper: BLK trades at a 25.90 P/E and MS at 19.46.
Which has grown faster, BLK or MS?
Over the past five years, MS grew revenue faster — BLK at a 8.76% CAGR versus MS at 17.47%.
Does BLK or MS pay a bigger dividend?
BLK yields 2.12% and MS yields 1.87% based on trailing dividends and the latest price.
Is BLK or MS more profitable?
BLK runs the higher net margin — BLK at 24.33% versus MS at 15.13%.
Which has been the better investment, BLK or MS?
Over the past 10-year, MS delivered the higher annualized total return — BLK at 14.30% versus MS at 27.20%. 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 June 15, 2026.