Financials · Investment Managers

Blackstone Inc.

NYSEBX ISINUS09260D1072 SEC CIK0001393818 Listed on NYSE · USD

$120.39 -1.62 (-1.33%) Pre-market $122.42 (+0.33%) ≈ ₹11,299 a share

Open chart

Price, last 12 months-16.40% in a year

Key numbers

Market value: $143.84B
P/E (TTM): 26.8
Forward P/E: 19.6
EPS (TTM): $4.49
Dividend yield: 4.20%
Beta: 1.53
Day range: $119.37 – $122.15
52-week range: $101.73 – $165.14
Volume: 481,838
10-day avg volume: $5.31M
Revenue (TTM): $16.09B
EBITDA (TTM): $8.38B
Gross margin: 84.4%
Net margin: 42.7%
Return on equity: 41.3%
Debt / equity: 151.6%
Price / sales: 8.94
Shares out: 1.19B

52W low52W high

Quarterly results

Results for each quarter

Last 12 quarters from 10-Q and 10-K filings with the US SEC. Q4 = full year minus the first three quarters. Hover a bar to see the number.

Revenue and net income

$1.29B$151.80M

Dec 23

$3.69B$847.39M

Mar 24

$2.80B$444.41M

Jun 24

$3.66B$780.84M

Sep 24

$3.08B$703.87M

Dec 24

$3.29B$614.85M

Mar 25

$3.71B$764.24M

Jun 25

$3.09B$624.92M

Sep 25

$4.36B$1.02B

Dec 25

$3.62B$649.73M

Mar 26

$5.04B$1.23B

Jun 26

$3.06B$662.37M

Sep 26

Revenue · QoQ (vs last quarter)

—+187%-24%+31%-16%+6.7%+13%-17%+41%-17%+39%-39%

Revenue · YoY (vs a year ago)

————+140%-11%+33%-16%+41%+10.0%+36%-0.8%

Net income · QoQ (vs last quarter)

—+458%-48%+76%-9.9%-13%+24%-18%+62%-36%+89%-46%

Net income · YoY (vs a year ago)

————+364%-27%+72%-20%+44%+5.7%+61%+6.0%

RevenueOperating incomeNet incomeLine = trend

US$	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
Revenue	$1.29B	$3.69B	$2.80B	$3.66B	$3.08B	$3.29B	$3.71B	$3.09B	$4.36B	$3.62B	$5.04B	$3.06B
Interest expense	$108.73M	$108.20M	$108.62M	$111.34M	$115.53M	$118.12M	$135.82M	$126.29M	$128.09M	$137.05M	$145.02M	$132.94M
Pre-tax income	$155.08M	$1.88B	$1.21B	$1.81B	$1.56B	$1.45B	$1.92B	$1.45B	$2.36B	$1.46B	$2.81B	$1.53B
Income tax	$45.96M	$283.67M	$260.25M	$245.30M	$232.45M	$243.83M	$289.49M	$209.66M	$382.05M	$197.15M	$452.39M	$258.56M
Net income	$151.80M	$847.39M	$444.41M	$780.84M	$703.87M	$614.85M	$764.24M	$624.92M	$1.02B	$649.73M	$1.23B	$662.37M
Net margin	11.8%	23.0%	15.9%	21.3%	22.8%	18.7%	20.6%	20.2%	23.3%	18.0%	24.4%	21.6%
EPS (diluted)	—	$1.11	$0.58	$1.02	—	$0.80	$0.98	$0.80	—	$0.83	$1.54	$0.83

Income statement

Results for each year

8 fiscal years from the company's 10-K filings with the US SEC.

Revenue, gross profit and net income

$6.83B$1.54B

FY18

$7.34B$2.05B

FY19

$6.10B$1.05B

FY20

$22.58B$5.86B

FY21

$8.52B$1.75B

FY22

$8.02B$1.39B

FY23

$13.23B$2.78B

FY24

$14.45B$3.02B

FY25

Revenue · YoY (vs a year ago)

—+7.4%-17%+270%-62%-5.8%+65%+9.2%

Net income · YoY (vs a year ago)

—+33%-49%+460%-70%-20%+100%+8.7%

RevenueGross profitNet incomeLine = trend

$2.26

FY18

$3.03

FY19

$1.50

FY20

$8.13

FY21

$2.36

FY22

$1.84

FY23

$3.62

FY24

$3.87

FY25

EPS (diluted) · YoY (vs a year ago)

—+34%-50%+442%-71%-22%+97%+6.9%

EPS (diluted)Line = trend

US$	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$6.83B	$7.34B	$6.10B	$22.58B	$8.52B	$8.02B	$13.23B	$14.45B
Revenue growth	—	7.4%	-16.8%	270.0%	-62.3%	-5.8%	64.9%	9.2%
Interest expense	$163.99M	$199.65M	$166.16M	$198.27M	$317.23M	$431.87M	$443.69M	$508.31M
Pre-tax income	$3.51B	$3.82B	$2.62B	$13.56B	$3.46B	$2.96B	$6.46B	$7.17B
Income tax	$249.39M	$-47.95M	$356.01M	$1.18B	$472.88M	$513.46M	$1.02B	$1.13B
Tax rate	7.1%	-1.3%	13.6%	8.7%	13.7%	17.4%	15.8%	15.7%
Net income	$1.54B	$2.05B	$1.05B	$5.86B	$1.75B	$1.39B	$2.78B	$3.02B
Net margin	22.6%	27.9%	17.1%	25.9%	20.5%	17.3%	21.0%	20.9%
EPS (diluted)	$2.26	$3.03	$1.50	$8.13	$2.36	$1.84	$3.62	$3.87

Balance sheet

Assets and debt

At each fiscal year end.

Equity, debt and cash

$6.38B$10.40B$2.21B

FY18

$7.01B$11.54B$2.17B

FY19

$6.65B$5.73B$2.00B

FY20

$9.42B$7.86B$2.12B

FY21

$7.66B$12.49B$4.25B

FY22

$6.82B$11.61B$2.96B

FY23

$8.21B$11.46B$1.97B

FY24

$8.67B$12.58B$2.63B

FY25

Shareholders' equity · YoY (vs a year ago)

—+9.9%-5.1%+42%-19%-11%+20%+5.5%

Shareholders' equityTotal debtCash + short-term investmentsLine = trend

US$	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & equivalents	$2.21B	$2.17B	$2.00B	$2.12B	$4.25B	$2.96B	$1.97B	$2.63B
Total assets	$28.92B	$32.59B	$26.27B	$41.20B	$42.52B	$40.29B	$43.47B	$47.71B
Long-term debt	$10.40B	$11.54B	$5.73B	$7.86B	$12.49B	$11.61B	$11.46B	$12.58B
Total debt	$10.40B	$11.54B	$5.73B	$7.86B	$12.49B	$11.61B	$11.46B	$12.58B
Total liabilities	$15.17B	$17.48B	$11.68B	$19.49B	$22.84B	$22.21B	$23.97B	$25.83B
Shareholders' equity	$6.38B	$7.01B	$6.65B	$9.42B	$7.66B	$6.82B	$8.21B	$8.67B
Debt / equity	1.63	1.65	0.86	0.83	1.63	1.70	1.40	1.45
Return on equity	24.2%	29.2%	15.7%	62.2%	22.8%	20.4%	33.8%	34.8%

Cash flow

Cash coming in and going out

Free cash flow = cash from operations minus capital spending. Shareholder returns = dividends + buybacks.

Free cash flow and shareholder returns

$45.74M$27.37M$3.05B

FY18

$1.96B$1.90B$2.40B

FY19

$1.94B$1.82B$2.39B

FY20

$3.99B$3.92B$4.60B

FY21

$6.34B$6.10B$6.52B

FY22

$4.06B$3.83B$4.27B

FY23

$3.48B$3.42B$4.42B

FY24

$4.66B$4.55B$6.01B

FY25

Operating cash flow · YoY (vs a year ago)

—+4,192%-1.4%+106%+59%-36%-14%+34%

Free cash flow · YoY (vs a year ago)

—+6,854%-4.1%+115%+56%-37%-11%+33%

Operating cash flowFree cash flowDividends + buybacksLine = trend

US$	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash from operations	$45.74M	$1.96B	$1.94B	$3.99B	$6.34B	$4.06B	$3.48B	$4.66B
Capital spending	$-18.38M	$-60.28M	$-111.65M	$-64.32M	$-235.50M	$-224.23M	$-61.41M	$-115.70M
Free cash flow	$27.37M	$1.90B	$1.82B	$3.92B	$6.10B	$3.83B	$3.42B	$4.55B
FCF margin	0.4%	25.9%	29.9%	17.4%	71.6%	47.8%	25.9%	31.5%
Stock-based pay	$366.93M	$417.09M	$438.34M	$637.44M	$846.35M	$987.55M	$1.17B	$1.45B
Cash from investing	$-116.60M	$-60.28M	$-166.82M	$-64.32M	$-235.50M	$-229.65M	$-61.41M	$-115.70M
Cash from financing	$-1.33B	$-1.92B	$-2.24B	$-3.78B	$-3.79B	$-5.05B	$-4.50B	$-3.88B
Dividends paid	$-3.05B	$-2.40B	$-2.39B	$-4.60B	$-6.52B	$-4.27B	$-4.42B	$-6.01B

About

About Blackstone Inc.

Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe. Blackstone is also active in credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. As of September 2025, Blackstone had $1.2 trillion in total assets under management, making it the world's largest alternative investment firm.

From Wikipedia (CC BY-SA 4.0).

Company details

Company name: Blackstone Inc.
Ticker: BX
Exchange: NYSE
ISIN: US09260D1072
SEC CIK: 0001393818
Sector: Financials
Industry: Investment Managers
SEC industry (SIC): Investment Advice (6282)
Incorporated in: Delaware
Financial year ends: 31 December
Filer type: Large accelerated filer
Latest annual report (10-K): 27 Feb 2026
CEO: Stephen A. Schwarzman
Chair: Stephen A. Schwarzman
Headquarters: New York City
Address: 345 Park Avenue, New York, Ny 10154
Founded: 1985
Employees: 5,285
Formerly known as: Blackstone Group Inc, Blackstone Group L.p.
Trades in: US dollars (USD)
Website: blackstone.com

News

Peers

Others in Financials

Quotes from CNBC (may be delayed), financials from SEC EDGAR, profile from global-stock-logos (MIT). Information only, not investment advice.

India, Wall Street, crypto and commodities, live.

Every product, one clear workflow.

Built from data, on the record.

A clearer view of the markets.

Calculators and tools that show the maths.

Read the numbers, not the noise.

Blackstone Inc.

Key numbers

Quarterly results

Revenue and net income

Income statement

Revenue, gross profit and net income

Balance sheet

Equity, debt and cash

Cash flow

Free cash flow and shareholder returns

About

Company details

News

Peers