BlackRock, Inc. vs Target Corporation: Strategic Comparison
Key Differences at a Glance
| Field | BlackRock, Inc. | Target Corporation |
|---|---|---|
| Revenue | $24.2B | $104.8B |
| Founded | 1988 | 1902 |
| Employees | 25,000 | 415,000 |
| Market Cap | $115.0B | $63.1B |
| Headquarters | United States | United States |
Quick Stats Comparison
| Metric | BlackRock, Inc. | Target Corporation |
|---|---|---|
| Revenue | $24.2B | $104.8B |
| Founded | 1988 | 1902 |
| Headquarters | New York, NY | Minneapolis, Minnesota |
| Market Cap | $115.0B | $63.1B |
| Employees | 25,000 | 415,000 |
BlackRock, Inc. Revenue vs Target Corporation Revenue — Year by Year
| Year | BlackRock, Inc. | Target Corporation | Leader |
|---|---|---|---|
| 2026 | N/A | $104.8B | Target Corporation |
| 2025 | $24.2B | $106.6B | Target Corporation |
| 2024 | $20.4B | $107.4B | Target Corporation |
| 2023 | $17.9B | $109.1B | Target Corporation |
| 2022 | N/A | $106.0B | Target Corporation |
Business Model Breakdown
Overview: BlackRock, Inc. vs Target Corporation
This in-depth comparison examines BlackRock, Inc. and Target Corporation across revenue, market value, business model, competitive positioning, and long-term growth strategy. Whether you are researching BlackRock, Inc. on its own, evaluating Target Corporation, or weighing the two companies side by side, the breakdown below highlights where each company leads and where the gap between BlackRock, Inc. and Target Corporation is widest.
On the headline numbers, BlackRock, Inc. reports annual revenue of $24.2B against $104.8B for Target Corporation, while their respective market capitalizations stand at $115.0B and $63.1B. BlackRock, Inc. is headquartered in United States and Target Corporation operates from United States, and those different home markets shape how each company competes.
BlackRock, Inc.: Founded in 1988 around risk management, BlackRock became a global asset-management leader through institutional fixed income, the acquisition of Barclays Global Investors and iShares, and steady expansion into technology and alternatives.
Target Corporation: Target is a retailer whose value comes from making mass retail feel curated. The business is strongest when stores, digital channels, owned brands and fulfillment services reinforce one another.
Business Models: How BlackRock, Inc. and Target Corporation Make Money
BlackRock, Inc. and Target Corporation pursue distinct approaches to generating revenue, and understanding how each company operates is the foundation of any fair comparison between BlackRock, Inc. and Target Corporation.
BlackRock, Inc. business model: BlackRock earns recurring fees from assets under management, advisory mandates, ETFs, alternatives, technology subscriptions, performance fees, distribution services, and securities lending. Its economics rise and fall with market levels, client flows, and product mix.
Target Corporation business model: Target's model combines large-format stores, digital commerce, store-based fulfillment, owned brands, loyalty, same-day services and retail media. Stores are both shopping destinations and local fulfillment nodes.
Competitive Advantage: BlackRock, Inc. vs Target Corporation
The durability of a company's moat often decides long-term winners. Here is how the competitive advantages of BlackRock, Inc. stack up against those of Target Corporation.
BlackRock, Inc. competitive advantage: BlackRock's advantage is unmatched ETF scale, institutional trust, Aladdin workflow integration, broad product coverage, and global distribution.
Target Corporation competitive advantage: Target's advantage is the mix of curated merchandise, owned brands, convenient stores, same-day fulfillment and a brand position between discount utility and design-led retail.
Growth Strategy: Where BlackRock, Inc. and Target Corporation Are Headed
Future prospects matter as much as current results. The growth strategies below explain how BlackRock, Inc. and Target Corporation each plan to expand from here.
BlackRock, Inc. growth strategy: BlackRock is building a broader public-private platform: iShares for ETFs, Aladdin and Preqin for technology and data, GIP and HPS for private markets, and retirement solutions for long-duration client demand.
Target Corporation growth strategy: Target is focusing on merchandising authority, guest experience, technology acceleration, team and community strength, stores-as-hubs, same-day fulfillment, retail media and owned-brand renewal.
Financial Picture: BlackRock, Inc. vs Target Corporation
A closer look at the financial trajectory of BlackRock, Inc. and Target Corporation rounds out the comparison.
BlackRock, Inc.: For FY2025, BlackRock reported total revenue of $24.216B, operating income of $7.045B, and net income attributable to BlackRock of $5.553B. The employee base is described as nearly 25,000 people in the annual report.
Target Corporation: Target reported FY2025 revenue of $104.780B and net income of $3.705B. Q1 FY2026 net sales increased 6.7%, with comparable sales up 5.6% and EPS of $1.71.
Company-Specific SWOT Notes
BlackRock, Inc.
BlackRock combines iShares scale, institutional relationships, and Aladdin technology in a way few asset managers can match.
AUM-linked fees still make revenue sensitive to asset prices and competitive pricing pressure.
GIP, HPS, Preqin, and Aladdin create opportunities beyond traditional public-market management fees.
Regulatory scrutiny and acquisition integration risk grow with BlackRock's scale and influence.
Target Corporation
Target combines discount pricing with design, owned brands and a more curated shopping experience than many mass retailers.
Target's store network supports shopping, pickup, returns and same-day delivery from local inventory.
Target can be pressured by Walmart and Costco on value, Amazon on digital convenience and specialty retailers on category depth.
Roundel, Target Circle and owned brands create paths to higher-margin growth beyond ordinary merchandise sales.
If Target loses style and assortment credibility, traffic and margin recovery become harder.
Head-to-Head Scorecard
| Category | Winner | Why |
|---|---|---|
| Revenue Scale | Target Corporation | Target Corporation reports the larger revenue base ($104.8B), which serves as a core operational scale signal. |
| Profitability Potential | Comparable | Both organizations prioritize market penetration or are at equivalent reporting tiers. |
| Company Age | Target Corporation | Founded in 1988 vs 1902. The earlier pioneer typically commands longer historical institutional legacy. |
| Innovation Moat | Target Corporation | Higher aggregate count of major acquisitions and key R&D releases indicates a more active technology absorption velocity. |
| Scale (Employees) | Target Corporation | A significantly larger reported workforce supports enhanced global distribution capability. |
| Market Cap | BlackRock, Inc. | Higher public valuation denotes greater forward-looking investor conviction in earnings potential. |
| Future Outlook | Tied | Strategic auditing assesses that both maintain defensive leadership vectors within their core market clusters. |
Who Wins Each Category?
Target Corporation reports the larger revenue base ($104.8B), which serves as a core operational scale signal.
Both organizations prioritize market penetration or are at equivalent reporting tiers.
Founded in 1988 vs 1902. The earlier pioneer typically commands longer historical institutional legacy.
Higher aggregate count of major acquisitions and key R&D releases indicates a more active technology absorption velocity.
A significantly larger reported workforce supports enhanced global distribution capability.
Who Wins: BlackRock, Inc. or Target Corporation?
Reviewed by Swet Parvadiya, May 2026 - Author Profile
Our analysts compile business strategy profiles from public financial filings, press releases, and analyst reports. Each profile is reviewed for accuracy before publication by our editorial desk and updated on a rolling basis.
Frequently Asked Questions: BlackRock, Inc. vs Target Corporation
Is BlackRock, Inc. better than Target Corporation?
Verdict: Between BlackRock, Inc. and Target Corporation, Target Corporation is the stronger overall option based on higher annual revenue. The decision still depends on which factors matter most for your needs, but on the weight of the evidence above, Target Corporation comes out ahead in this BlackRock, Inc. vs Target Corporation comparison.
Who earns more — BlackRock, Inc. or Target Corporation?
Target Corporation earns more with $104.8B in annual revenue versus BlackRock, Inc.'s $24.2B. Target Corporation leads on total revenue based on latest verified figures.
Which company has higher revenue — BlackRock, Inc. or Target Corporation?
BlackRock, Inc. reported $24.2B, while Target Corporation reported $104.8B. The revenue leader is Target Corporation based on latest verified figures.
BlackRock, Inc. revenue vs Target Corporation revenue — which is higher?
BlackRock, Inc. revenue: $24.2B. Target Corporation revenue: $24.2B. Target Corporation has the larger revenue base of the two companies.
Sources & References
- SEC EDGAR: BlackRock, Inc. Annual Filings (10-K, 8-K)
- BlackRock, Inc. Corporate Website
- BlackRock, Inc. Annual Report 2025 - Revenue and Financial Data
- s24.q4cdn.com
- sec.gov
- data.sec.gov
- ir.blackrock.com
- SEC EDGAR: Target Corporation Annual Filings (10-K, 8-K)
- Target Corporation Corporate Website
- Target Corporation Annual Report 2026 - Revenue and Financial Data
- sec.gov
- corporate.target.com
- corporate.target.com
- corporate.target.com