8-K Announcements
6Apr 23, 2026·SEC
Mar 24, 2026·SEC
Jan 29, 2026·SEC
Blackstone Inc. (BX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Blackstone Inc. (BX) stock price & volume — 10-year historical chart
Blackstone Inc. (BX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Blackstone Inc. (BX) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 23, 2026 | $1.36vs $1.34+1.5% | $3.4Bvs $3.4B+0.7% |
| Q1 2026 | Jan 29, 2026 | $1.75vs $1.54+13.6% | $3.9Bvs $3.7B+7.1% |
| Q4 2025 | Oct 23, 2025 | $1.52vs $1.23+23.6% | $2.8Bvs $3.1B-9.6% |
| Q3 2025 | Jul 24, 2025 | $1.21vs $1.10+10.0% | $3.7Bvs $2.8B+33.2% |
Blackstone Inc. (BX) competitors in Alternative asset managers — business model, growth, and fundamentals comparison
Blackstone Inc. (BX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Blackstone Inc. (BX) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | -57.79M | 7.96M | -17.25M | -40.93M | -37.63M | -45.61M | 84.63M | -32.53M | -92.22M |
| NII Growth % | -1.51% | 113.77% | -316.79% | -137.28% | 8.08% | -21.23% | 285.54% | -138.44% | -183.5% |
| Net Interest Margin % | -0.17% | 0.03% | -0.05% | -0.16% | -0.09% | -0.11% | 0.21% | -0.07% | -0.19% |
| Interest Income | 139.7M | 171.95M | 182.4M | 125.23M | 160.64M | 271.61M | 516.5M | 411.16M | 416.09M |
| Interest Expense | 197.49M | 163.99M | 199.65M | 166.16M | 198.27M | 317.23M | 431.87M | 443.69M | 508.31M |
| Loan Loss Provision | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.42B |
| Non-Interest Income | 5.84B | 5.79B | 6.19B | 5.27B | 16.69B | 7.18B | 6.92B | 10.96B | 13.41B |
| Non-Interest Income % | 97.66% | 97.12% | 97.14% | 97.68% | 99.05% | 96.35% | 93.06% | 96.39% | 96.99% |
| Total Revenue | 5.98B▲ 0% | 5.96B▼ 0.3% | 6.37B▲ 6.9% | 5.4B▼ 15.3% | 16.85B▲ 212.1% | 7.45B▼ 55.8% | 7.44B▼ 0.2% | 11.37B▲ 52.9% | 13.83B▲ 21.6% |
| Revenue Growth % | 33.88% | -0.26% | 6.93% | -15.29% | 212.09% | -55.79% | -0.15% | 52.91% | 21.58% |
| Non-Interest Expense | 1.66B | 2.28B | 2.36B | 2.62B | 3.09B | 3.67B | 4.05B | 4.47B | 4.72B |
| Efficiency Ratio | 27.78% | 38.31% | 36.96% | 48.44% | 18.36% | 49.27% | 54.43% | 39.31% | 34.14% |
| Operating Income | 4.12B▲ 0% | 3.51B▼ 14.7% | 3.82B▲ 8.7% | 2.62B▼ 31.4% | 13.56B▲ 418.0% | 3.46B▼ 74.5% | 2.96B▼ 14.6% | 6.46B▲ 118.4% | 7.18B▲ 11.1% |
| Operating Margin % | 68.92% | 58.94% | 59.9% | 48.48% | 80.47% | 46.47% | 39.76% | 56.79% | 51.91% |
| Operating Income Growth % | 72.91% | -14.69% | 8.68% | -31.44% | 418.02% | -74.47% | -14.56% | 118.39% | 11.13% |
| Pretax Income | 4.12B▲ 0% | 3.51B▼ 14.7% | 3.82B▲ 8.7% | 2.62B▼ 31.4% | 13.56B▲ 418.0% | 3.46B▼ 74.5% | 2.96B▼ 14.6% | 6.46B▲ 118.4% | 7.17B▲ 11.0% |
| Pretax Margin % | 68.92% | 58.94% | 59.9% | 48.48% | 80.47% | 46.47% | 39.76% | 56.79% | 51.86% |
| Income Tax | 743.15M | 249.39M | -47.95M | 356.01M | 1.18B | 472.88M | 513.46M | 1.02B | 1.13B |
| Effective Tax Rate % | 18.05% | 7.1% | -1.26% | 13.6% | 8.73% | 13.66% | 17.36% | 15.82% | 15.69% |
| Net Income | 1.47B▲ 0% | 1.54B▲ 4.8% | 2.05B▲ 32.9% | 1.05B▼ 49.0% | 5.86B▲ 460.3% | 1.75B▼ 70.2% | 1.39B▼ 20.4% | 2.78B▲ 99.6% | 3.02B▲ 8.7% |
| Net Margin % | 24.62% | 25.87% | 32.16% | 19.36% | 34.76% | 23.46% | 18.7% | 24.41% | 21.83% |
| Net Income Growth % | 41.61% | 4.79% | 32.94% | -49% | 460.32% | -70.16% | -20.41% | 99.62% | 8.74% |
| Net Income (Continuing) | 3.37B | 3.26B | 3.87B | 2.26B | 12.37B | 2.99B | 2.44B | 5.44B | 6.05B |
| EPS (Diluted) | 2.21▲ 0% | 2.26▲ 2.3% | 3.03▲ 34.1% | 1.50▼ 50.5% | 8.13▲ 442.0% | 2.36▼ 71.0% | 1.84▼ 22.0% | 3.62▲ 96.7% | 3.88▲ 7.2% |
| EPS Growth % | 41.67% | 2.26% | 34.07% | -50.5% | 442% | -70.97% | -22.03% | 96.74% | 7.18% |
| EPS (Basic) | 2.21 | 2.27 | 3.03 | 1.50 | 8.14 | 2.36 | 1.84 | 3.62 | 3.88 |
| Diluted Shares Outstanding | 666.25M | 603.48M | 676.17M | 697.26M | 720.13M | 740.94M | 755.42M | 766.65M | 780.92M |
Blackstone Inc. (BX) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 1.99B | 2.21B | 2.17B | 2B | 2.12B | 4.25B | 2.96B | 1.97B | 2.63B |
| Cash & Due from Banks | 1.99B | 2.21B | 2.17B | 2B | 2.12B | 4.25B | 2.96B | 1.97B | 2.63B |
| Short Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 24.44B | 20.42B | 22.34B | 15.74B | 28.81B | 18.17B | 16.89B | 19.14B | 19.67B |
| Investments Growth % | 38.08% | -16.44% | 9.37% | -29.52% | 83% | -36.94% | -7.04% | 13.31% | 2.8% |
| Long-Term Investments | 24.44B | 20.42B | 22.34B | 15.74B | 28.81B | 18.17B | 16.89B | 19.14B | 19.67B |
| Accounts Receivables | 2.9B | 2.63B | 3.57B | 4.09B | 0 | 0 | 0 | 0 | 0 |
| Goodwill & Intangibles | 2.19B | 2.34B | 2.27B | 2.25B | 2.17B | 2.11B | 2.09B | 2.06B | 2.02B |
| Goodwill | 1.78B | 1.87B | 1.87B | 1.9B | 1.89B | 1.89B | 1.89B | 1.89B | 1.89B |
| Intangible Assets | 409.83M | 468.51M | 397.51M | 347.95M | 284.38M | 217.29M | 201.21M | 165.24M | 131.36M |
| PP&E (Net) | 126.57M | 120.37M | 625.54M | 758.75M | 1.03B | 1.31B | 1.38B | 1.34B | 1.28B |
| Other Assets | 1.96B | 355.55M | 365.49M | 82.92M | 5.38B | 14.46B | 14.43B | 16.76B | 19.73B |
| Total Current Assets | 4.97B | 4.95B | 5.9B | 6.19B | 2.21B | 4.42B | 3.16B | 2.16B | 2.95B |
| Total Non-Current Assets | 29.44B | 23.98B | 26.68B | 20.08B | 38.98B | 38.11B | 37.12B | 41.3B | 44.76B |
| Total Assets | 34.42B▲ 0% | 28.92B▼ 16.0% | 32.59B▲ 12.7% | 26.27B▼ 19.4% | 41.2B▲ 56.8% | 42.52B▲ 3.2% | 40.29B▼ 5.3% | 43.47B▲ 7.9% | 47.71B▲ 9.8% |
| Asset Growth % | 30.35% | -15.96% | 12.66% | -19.38% | 56.82% | 3.22% | -5.26% | 7.9% | 9.75% |
| Return on Assets (ROA) | 4.84% | 4.87% | 6.66% | 3.55% | 17.36% | 4.17% | 3.36% | 6.63% | 6.62% |
| Accounts Payable | 2.04B | 875.98M | 806.16M | 717.1M | 937.17M | 1.25B | 2.28B | 0 | 0 |
| Total Debt | 14.93B | 10.17B | 11.78B | 6.34B | 8.71B | 13.37B | 12.29B | 12.29B | 13.31B |
| Net Debt | 12.94B | 7.97B | 9.61B | 4.34B | 6.59B | 9.12B | 9.34B | 10.31B | 10.67B |
| Long-Term Debt | 14.93B | 10.17B | 11.78B | 6.34B | 8.71B | 13.37B | 12.29B | 12.29B | 13.31B |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 3.72B | 4.12B | 4.9B | 4.62B | 8.87B | 7.35B | 7.53B | 8.88B | 9.3B |
| Total Current Liabilities | 2.04B | 875.98M | 806.16M | 717.1M | 1.91B | 2.12B | 2.39B | 2.81B | 3.22B |
| Total Non-Current Liabilities | 18.65B | 14.29B | 16.68B | 10.96B | 17.58B | 20.72B | 19.82B | 21.17B | 22.6B |
| Total Liabilities | 20.69B | 15.17B | 17.48B | 11.68B | 19.49B | 22.84B | 22.21B | 23.97B | 25.83B |
| Total Equity | 13.72B▲ 0% | 13.75B▲ 0.2% | 15.1B▲ 9.8% | 14.59B▼ 3.4% | 21.71B▲ 48.8% | 19.68B▼ 9.3% | 18.08B▼ 8.2% | 19.5B▲ 7.9% | 21.88B▲ 12.2% |
| Equity Growth % | 9.65% | 0.23% | 9.81% | -3.39% | 48.77% | -9.33% | -8.16% | 7.85% | 12.24% |
| Equity / Assets (Capital Ratio) | 39.87% | 47.55% | 46.35% | 55.54% | 52.69% | 46.28% | 44.87% | 44.85% | 45.86% |
| Return on Equity (ROE) | 11.22% | 11.22% | 14.21% | 7.04% | 32.28% | 8.45% | 7.37% | 14.78% | 14.59% |
| Book Value per Share | 20.60 | 22.79 | 22.34 | 20.93 | 30.14 | 26.56 | 23.93 | 25.43 | 28.02 |
| Tangible BV per Share | 17.31 | 18.92 | 18.98 | 17.70 | 27.12 | 23.72 | 21.16 | 22.75 | 25.43 |
| Common Stock | 6.67B | 6.42B | 7K | 7K | 7K | 7K | 7K | 7K | 7K |
| Additional Paid-in Capital | 0 | 0 | 6.43B | 6.33B | 5.79B | 5.94B | 6.18B | 7.44B | 8.48B |
| Retained Earnings | 0 | 0 | 609.63M | 335.76M | 3.65B | 1.75B | 660.73M | 808.08M | 191.64M |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Blackstone Inc. (BX) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -1.63B | 45.74M | 1.96B | 1.94B | 3.99B | 6.34B | 4.06B | 3.48B | 1.86B |
| Operating CF Growth % | -1735.85% | 102.81% | 4191.69% | -1.38% | 105.89% | 58.96% | -35.97% | -14.18% | -46.56% |
| Net Income | 3.37B | 3.26B | 3.87B | 2.26B | 12.37B | 2.99B | 2.44B | 5.44B | 3.02B |
| Depreciation & Amortization | 46.78M | 59.02M | 71M | 71.05M | 74.87M | 67.1M | 40.08M | 35.97M | 36.02M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -3.19B | -1.17B | -382.33M | 1.25B | -6.12B | 4.37B | 2.19B | -452.98M | -1.47B |
| Working Capital Changes | -1.86B | -2.1B | -1.59B | -1.64B | -2.34B | -1.09B | -617.75M | -1.54B | -1.67B |
| Cash from Investing | -193.26M | -116.6M | -60.28M | -166.82M | -64.32M | -235.5M | -229.65M | -61.41M | 5.28B |
| Purchase of Investments | -18.72B | -13.88B | -8.68B | -7.28B | -7.48B | -5.23B | -5.01B | -2.43B | 0 |
| Sale/Maturity of Investments | 18.72B | 14.18B | 10.65B | 9.24B | 11.97B | 10.37B | 7.9B | 5.25B | 6.68B |
| Net Investment Activity | 0 | 297.65M | 1.97B | 1.96B | 4.49B | 5.14B | 2.89B | 2.82B | 6.68B |
| Acquisitions | -168.91M | -98.22M | 8.68B | -55.17M | 7.48B | 5.23B | -5.42M | 0 | 0 |
| Other Investing | 0 | -297.65M | -10.65B | -1.96B | -11.97B | -10.37B | -2.89B | -2.82B | -1.28B |
| Cash from Financing | 2.77B | -1.33B | -1.92B | -2.24B | -3.78B | -3.79B | -5.05B | -4.5B | -6.4B |
| Dividends Paid | -2.84B | -3.05B | -2.4B | -2.39B | -4.6B | -6.52B | -4.27B | -4.42B | -6.01B |
| Share Repurchases | -30.19M | -567.16M | -585.34M | -504.91M | -1.27B | -465.96M | -418.02M | -661.07M | -312.48M |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | -30.19M | -567.16M | -585.34M | -504.91M | -1.27B | -465.96M | -418.02M | -661.07M | -312.48M |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K |
| Other Financing | -189.91M | 74.33M | -85.63M | -240.29M | -123.79M | -50.49M | -359.94M | -54.27M | -1.08B |
| Net Change in Cash | 155.24M▲ 0% | -1.39B▼ 996.2% | -21.51M▲ 98.5% | -459.19M▼ 2034.8% | 135.28M▲ 129.5% | 2.29B▲ 1595.8% | -1.22B▼ 153.3% | -1.1B▲ 10.3% | 678.49M▲ 161.9% |
| Exchange Rate Effect | 123.85M | 9.71M | -2.96M | 15.72M | -9.81M | -12.32M | 4.99M | -14.56M | -59.64M |
| Cash at Beginning | 1.84B | 3.94B | 2.55B | 2.52B | 2.06B | 2.2B | 4.49B | 3.27B | 2.18B |
| Cash at End | 1.99B | 2.55B | 2.52B | 2.06B | 2.2B | 4.49B | 3.27B | 2.18B | 2.85B |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -2.47B▲ 0% | 27.36M▲ 101.1% | 1.9B▲ 6853.5% | 1.82B▼ 4.1% | 3.92B▲ 115.0% | 6.1B▲ 55.6% | 3.83B▼ 37.2% | 3.42B▼ 10.8% | 1.74B▼ 49.0% |
| FCF Growth % | -2139.77% | 101.11% | 6853.51% | -4.13% | 114.97% | 55.57% | -37.18% | -10.76% | -48.98% |
Blackstone Inc. (BX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 8.4% | 11.22% | 11.22% | 14.21% | 7.04% | 32.28% | 8.45% | 7.37% | 14.78% | 14.59% |
| Return on Assets (ROA) | 4.25% | 4.84% | 4.87% | 6.66% | 3.55% | 17.36% | 4.17% | 3.36% | 6.63% | 6.62% |
| Net Interest Margin | -0.22% | -0.17% | 0.03% | -0.05% | -0.16% | -0.09% | -0.11% | 0.21% | -0.07% | -0.19% |
| Efficiency Ratio | 43.22% | 27.78% | 38.31% | 36.96% | 48.44% | 18.36% | 49.27% | 54.43% | 39.31% | 34.14% |
| Equity / Assets | 47.4% | 39.87% | 47.55% | 46.35% | 55.54% | 52.69% | 46.28% | 44.87% | 44.85% | 45.86% |
| Book Value / Share | 20.94 | 20.6 | 22.79 | 22.34 | 20.93 | 30.14 | 26.56 | 23.93 | 25.43 | 28.02 |
| NII Growth | -105.27% | -1.51% | 113.77% | -316.79% | -137.28% | 8.08% | -21.23% | 285.54% | -138.44% | -183.5% |
| Dividend Payout | 194.29% | 193.19% | 197.59% | 116.93% | 228.21% | 78.58% | 373.01% | 306.89% | 159.34% | 199.17% |
Blackstone Inc. (BX) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 23, 2026·SEC
Mar 24, 2026·SEC
Jan 29, 2026·SEC
Blackstone Inc. (BX) stock FAQ — growth, dividends, profitability & financials explained
Blackstone Inc. (BX) grew revenue by 21.6% over the past year. This is strong growth.
Yes, Blackstone Inc. (BX) is profitable, generating $3.02B in net income for fiscal year 2025 (21.8% net margin).
Yes, Blackstone Inc. (BX) pays a dividend with a yield of 6.27%. This makes it attractive for income-focused investors.
Blackstone Inc. (BX) has a return on equity (ROE) of 14.6%. This is reasonable for most industries.
Blackstone Inc. (BX) has a net interest margin (NIM) of -0.2%. NIM has been under pressure due to interest rate environment.
Blackstone Inc. (BX) has an efficiency ratio of 34.1%. This is excellent, indicating strong cost control.
Blackstone Inc. (BX) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates