BlackRock (BLK) vs State Street (STT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
State Street (STT) has outperformed BlackRock (BLK) over the past year, gaining 48.4% versus a loss of 8.7%. Over five years, STT leads with a +87.1% price change compared with +17.3% for BLK. BlackRock is the larger company by market cap ($173.79 billion vs $47.85 billion), about 3.6 times the size.
On valuation, State Street trades at a lower forward P/E (11.3x vs 16.7x for BlackRock). BlackRock offers the higher dividend yield (2.05% vs 1.93%). BlackRock converts more of its revenue into profit, with a net margin of 22.9% versus 21.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BLK | STT |
|---|---|---|
| Share price | $1,069.63 | $174.19 |
| Market cap | $173.79B | $47.85B |
| 1-day change | -0.91% | -0.89% |
| YTD return | -0.53% | +34.49% |
| 1-year return | -8.71% | +48.43% |
| 5-year return | +17.35% | +87.10% |
| P/E ratio (TTM) | 25.60 | 15.36 |
| Forward P/E | 16.67 | 11.29 |
| EPS (TTM) | $41.78 | $11.34 |
| Dividend yield | 2.05% | 1.93% |
| Annual dividend | $21.88 | $3.36 |
| Revenue (latest FY) | $24.22B | $13.94B |
| Revenue growth (YoY) | +89.28% | +7.26% |
| Net income (latest FY) | $5.55B | $2.94B |
| Operating margin | 29.09% | — |
| Net margin | 22.93% | 21.12% |
| 52-week high | $1,219.94 | $195.93 |
| 52-week low | $917.39 | $104.64 |
| Distance from 52-week high | -12.32% | -11.10% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +23.02% | +13.81% |
| Average volume | 633.67K | 1.95M |
| Shares outstanding | 154.87M | 274.70M |
| Employees | 26,200 | 50,596 |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- BlackRock is about 3.6 times larger than State Street by market value ($173.79B vs $47.85B).
- STT has outperformed BLK by 57.1 percentage points over the past year.
- BlackRock trades at a higher earnings multiple (25.6x vs 15.4x trailing P/E).
- BlackRock grew revenue faster in its latest fiscal year (+89.28% vs +7.26%).
About BlackRock
BLK stock →BlackRock, Inc. is a publicly owned investment manager.
Financial Services · Asset Management · 26,200 employees
About State Street
STT stock →State Street Corporation provides various financial products and services to institutional investors. It offers custody, accounting, and fund administration services for traditional and alternative assets, as well as multi-asset class investments; recordkeeping, client reporting, and investment book of record, transaction management, loans, cash, derivatives, and collateral services; investor services operations outsourcing; performance, risk, and compliance analytics; financial data management to support institutional investors; foreign exchange, brokerage, and other trading services; securities finance, such as prime services products; and deposit and short-term investment facilities.
Financial Services · Asset Management · 50,596 employees
BLK vs STT FAQ
Which is bigger, BlackRock or State Street?
BlackRock (BLK) is larger, with a market capitalization of $173.79B compared with $47.85B for State Street (STT).
Which stock has performed better over the past year, BLK or STT?
STT returned +48.43% over the past 12 months, compared with -8.71% for BLK (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BLK or STT?
STT has the lower trailing P/E at 15.4, versus 25.6 for BLK. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, BlackRock or State Street?
BlackRock has the higher yield at 2.05%, compared with 1.93% for State Street.
Are BlackRock and State Street in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.