BlackRock vs BNY Mellon
BlackRock is the larger business, with $24.22bn of revenue in fiscal 2025 against $20.08bn for BNY Mellon (1.2 times as much). BlackRock grew faster (89.3% against 7.8%). BNY Mellon kept more of each dollar of sales as profit: a net margin of 27.6% against 22.9%.
| Latest fiscal year | BlackRockBLK, 2025 | BNY MellonBNY, 2025 |
|---|---|---|
| Revenue | $24.22bn | $20.08bn |
| Revenue growth | 89.3% | 7.8% |
| Net income | $5.55bn | $5.55bn |
| Operating margin | 29.1% | — |
| Net margin | 22.9% | 27.6% |
| Return on equity | 10.7% | 13.0% |
| Free cash flow | $3.55bn | $5.18bn |
| Cash | $11.47bn | $5.11bn |
| Total debt | $12.77bn | $33.88bn |
| Debt to equity | 22.8% | — |
| Dividend per share | — | $2.00 |
| Dividend yield | 1.8% | 1.5% |
| Share buybacks | — | $3.54bn |
| Employees | — | 48,100 |
| Market value | $179.92bn | $102.57bn |
| Price vs our value range | — | — |
| Moat score | — | 78 (Strong) |
| Insider trades, 12 months | 0 buys, 33 sales | 0 buys, 17 sales |