Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt cap
Decision snapshot: BLK stock price vs MBI: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at MBI's multiple
Needs MBI P/E.
Implied fair value · at BLK's multiple
Needs EPS (TTM) is negative, BLK P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple discount
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: BLK FY 2025 (ended Dec 31, 2025) · MBI FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 93% equity / 7% debt · EV / Revenue 7.24x · EV / EBITDA 22.30x
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 6% equity / 94% debt
BLK carries the larger enterprise value at $175.25B against $4.41B; BLK trades on the lower EV / Revenue multiple (7.24x vs 55.18x); BLK on the lower EV / EBITDA (22.30x vs 64.92x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
BlackRock, Inc. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
MBIA INC. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
0.23x
-1.86x
Net debt / EBITDA
Leverage against operating earnings
0.17x
—
Cash and equivalents
Liquid reserves on the balance sheet
$11.47B
—
Total debt
Interest-bearing obligations outstanding
$12.77B
$4.17B
Comparable set
Where the pair sits against the wider comparable set.
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