BLK vs GS
BlackRock, Inc. and Goldman Sachs Group Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BLK | GS |
|---|---|---|
| Revenue | $24.2B | $58.3B |
| Net income | $5.6B | $17.2B |
| Gross margin | · | · |
| Net margin | 24.5% | 29.5% |
| Return on equity | 10.7% | 13.9% |
| Diluted EPS | $35.31 | $51.32 |
| Dividend / share | $20.84 | $14.00 |
| Payout ratio | · | 30.7% |
| Free cash flow | $3.6B | $-47.2B |
| Equity | $55.9B | $125.0B |
| Net debt / equity | 0.02× | · |
| Current ratio | · | · |
| Revenue CAGR 5y | 8.4% | 5.5% |
| Profit CAGR 5y | 2.4% | 12.7% |
GS bills 2.4× the revenue of BLK, and keeps more of each dollar of revenue as profit (29.5% against 24.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | BLK | GS |
|---|---|---|
| FY2025 | $24.2B | $58.3B |
| FY2024 | $20.4B | $53.5B |
| FY2023 | $17.9B | $46.3B |
| FY2022 | $17.9B | $47.4B |
| FY2021 | $19.4B | $59.3B |
| FY2020 | $16.2B | $44.6B |
| FY2019 | $14.5B | $36.5B |
| FY2018 | $14.2B | $36.6B |
| FY2017 | $13.6B | $32.7B |
| FY2016 | $12.3B | $30.8B |
Bottom line
| Fiscal year | BLK | GS |
|---|---|---|
| FY2025 | $5.6B | $17.2B |
| FY2024 | $6.4B | $14.3B |
| FY2023 | $5.5B | $8.5B |
| FY2022 | $5.2B | $11.3B |
| FY2021 | $5.9B | $21.6B |
| FY2020 | $4.9B | $9.5B |
| FY2019 | $4.5B | $8.5B |
| FY2018 | $4.3B | $10.5B |
| FY2017 | $5.0B | $4.3B |
| FY2016 | $3.2B | $7.4B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$34,067,000,000 | GS |
| FY2024 | −$33,105,000,000 | GS |
| FY2023 | −$28,395,000,000 | GS |
| FY2022 | −$29,492,000,000 | GS |
| FY2021 | −$39,965,000,000 | GS |
| FY2020 | −$28,355,000,000 | GS |
| FY2019 | −$22,007,000,000 | GS |
| FY2018 | −$22,418,000,000 | GS |
| FY2017 | −$19,130,000,000 | GS |
| FY2016 | −$18,529,000,000 | GS |
GS has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.
10 of 15 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −4.9 pp | GS |
| FY2024 | +5.2 pp | BLK |
| FY2023 | +13.4 pp | BLK |
| FY2022 | +4.2 pp | BLK |
| FY2021 | −4.4 pp | GS |
| FY2020 | +11.4 pp | BLK |
| FY2019 | +8.0 pp | BLK |
| FY2018 | +1.7 pp | BLK |
| FY2017 | +23.6 pp | BLK |
| FY2016 | +1.8 pp | BLK |
The higher net margin has changed hands between BLK and GS over this period.
10 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
GS's net margin has been more volatile than BLK's over the 10 comparable fiscal years — 6.1 percentage points of standard deviation against 3.4.
10 of 15 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BLK and GS over these 10 fiscal years — BLK led in 8 and GS in 2.
10 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
GS's return on equity has been more volatile than BLK's over the 19 comparable fiscal years — 5.6 percentage points of standard deviation against 3.1.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between BLK and GS over these 19 fiscal years — BLK led in 13 and GS in 6.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.