HLNE vs BX

For growth investors, Hamilton Lane Incorporated (HLNE) is the stronger pick with 28.

7% revenue growth year-over-year, versus 21. 6% for Blackstone Inc. (BX). Hamilton Lane Incorporated (HLNE) offers the better valuation at 17. 1x trailing P/E (15. 3x forward), making it the more compelling value choice. Analysts rate Hamilton Lane Incorporated (HLNE) a "Buy" — based on 10 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Hamilton Lane Incorporated (HLNE) is the cheapest at 17.

1x versus Blackstone Inc. at 31. 6x. On forward P/E, Hamilton Lane Incorporated is actually cheaper at 15. 3x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Hamilton Lane Incorporated wins at 0. 75x versus Blackstone Inc. 's 0. 98x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, Blackstone Inc.

(BX) delivered a total return of +63. 0%, compared to +11. 5% for Hamilton Lane Incorporated (HLNE). Over 10 years, the gap is even starker: HLNE returned +483. 9% versus BX's +478. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Hamilton Lane Incorporated (HLNE) is the lower-risk stock at 1.

25β versus Blackstone Inc. 's 1. 53β — meaning BX is approximately 22% more volatile than HLNE relative to the S&P 500. On balance sheet safety, Hamilton Lane Incorporated (HLNE) carries a lower debt/equity ratio of 40% versus 61% for Blackstone Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Hamilton Lane Incorporated (HLNE) is pulling ahead at 28.

7% versus 21. 6% for Blackstone Inc. (BX). On earnings-per-share growth, the picture is similar: Hamilton Lane Incorporated grew EPS 46. 6% year-over-year, compared to 7. 2% for Blackstone Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Hamilton Lane Incorporated (HLNE) is the more profitable company, earning 30.

5% net margin versus 21. 8% for Blackstone Inc. — meaning it keeps 30. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BX leads at 51. 9% versus 44. 4% for HLNE. At the gross margin level — before operating expenses — BX leads at 86. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Hamilton Lane Incorporated (HLNE) is the more undervalued stock at a PEG of 0. 75x versus Blackstone Inc. 's 0. 98x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Hamilton Lane Incorporated (HLNE) trades at 15. 3x forward P/E versus 20. 6x for Blackstone Inc. — 5. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for HLNE: 85. 6% to $171. 50.

All stocks in this comparison pay dividends.

Blackstone Inc. (BX) offers the highest yield at 6. 3%, versus 2. 7% for Hamilton Lane Incorporated (HLNE).

For long-horizon retirement investors, Hamilton Lane Incorporated (HLNE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1.

25), 2. 7% yield, +483. 9% 10Y return). Blackstone Inc. (BX) carries a higher beta of 1. 53 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (HLNE: +483. 9%, BX: +478. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.