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BX US​

Blackstone Inc.(BX US)

$117.97-0.780.66%Ext:$118.36+0.390.33%(Market Closed · 00:00:00 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Blackstone Inc. — Company Profile

Blackstone Inc. operates as a prominent alternative asset manager, specializing in a broad spectrum of investment strategies. Its expertise encompasses real estate, private equity, credit solutions, comprehensive hedge fund offerings, public debt and equity, multi-asset class approaches, and secondary funds of funds. While often backing nascent businesses, the firm also extends its services to capital markets. Its real estate division targets diverse opportunities: high-potential opportunistic ventures, core-plus assets, and stable, income-generating commercial properties. Additionally, it engages in debt investments secured by commercial real estate. These activities span North America, Europe, and Asia. Blackstone's global private equity arm executes varied transactions, including substantial buyouts, mid-market acquisitions, special situations, and distressed mortgage loans. They also manage "buy and build" platforms, which involve consolidating multiple acquisitions under a single management team, alongside growth equity and development projects, often taking significant majority stakes or minority positions in operating companies. The scope of its investments covers sectors like shipping, real estate, corporate and consumer debt, and greenfield alternative energy projects in energy, power, and property development. The firm actively seeks opportunities in dislocated markets, shipping, financial institution breakups, reinsurance, and initiatives aimed at improving freight mobility. Key industry focuses further include financial services, healthcare, life sciences, enterprise technology, and consumer goods, including consumer tech. Beyond these, it actively explores investment prospects across Asia and Latin America, typically maintaining a three-year investment period for its ventures. The hedge fund business provides a broad range of commingled and customized fund solutions. Concurrently, its credit division concentrates on loans and securities issued by non-investment grade entities. These span the entire capital structure, encompassing senior debt, subordinated debt, preferred stock, and common equity. Established in 1985, Blackstone Inc. is headquartered in New York City, with a significant global presence through additional offices throughout Asia, Europe, and North America.

Sector
Financials
Industry
Capital Markets
Exchange
UN
CEO
Stephen Allen Schwarzman
Headquarters
New York City, NY, US
IPO Date
Jun 22, 2007
Employees
5,285
Website
www.blackstone.com

Key Metrics

Price
$111.75
Market Cap
$88.04B
Revenue (TTM)
$4.10B
Net Income (TTM)
$649.73M
EPS (TTM)
0.83
P/E (TTM)
28.83
P/B (TTM)
10.52
Dividend Yield
4.04%
ROE (TTM)
7.76%
ROA (TTM)
1.34%
Operating Margin
38.81%
Beta
1.29

Dividends

Last Dividend
$1.16
Last Yield
0.04%

Summary

Blackstone Inc. operates as a prominent alternative asset manager, specializing in a broad spectrum of investment strategies. Its expertise encompasses real estate, private equity, credit solutions, comprehensive hedge fund offerings, public debt and equity, multi-asset class approaches, and secondary funds of funds. While often backing nascent businesses, the firm also extends its services to capital markets. Its real estate division targets diverse opportunities: high-potential opportunistic ventures, core-plus assets, and stable, income-generating commercial properties. Additionally, it engages in debt investments secured by commercial real estate. These activities span North America, Europe, and Asia. Blackstone's global private equity arm executes varied transactions, including substantial buyouts, mid-market acquisitions, special situations, and distressed mortgage loans. They also manage "buy and build" platforms, which involve consolidating multiple acquisitions under a single management team, alongside growth equity and development projects, often taking significant majority stakes or minority positions in operating companies. The scope of its investments covers sectors like shipping, real estate, corporate and consumer debt, and greenfield alternative energy projects in energy, power, and property development. The firm actively seeks opportunities in dislocated markets, shipping, financial institution breakups, reinsurance, and initiatives aimed at improving freight mobility. Key industry focuses further include financial services, healthcare, life sciences, enterprise technology, and consumer goods, including consumer tech. Beyond these, it actively explores investment prospects across Asia and Latin America, typically maintaining a three-year investment period for its ventures. The hedge fund business provides a broad range of commingled and customized fund solutions. Concurrently, its credit division concentrates on loans and securities issued by non-investment grade entities. These span the entire capital structure, encompassing senior debt, subordinated debt, preferred stock, and common equity. Established in 1985, Blackstone Inc. is headquartered in New York City, with a significant global presence through additional offices throughout Asia, Europe, and North America.

Website
www.blackstone.com
Location
New York City, NY, US
Phone212 583 5000
Employees5,285
CEOStephen Allen Schwarzman
Sector
Financials
Industry
Capital Markets
IPO DateJun 22, 2007

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Latest Documents

SEC Filings(1.7K)

Expand
  • 4Blackstone Inc.23 Oct
  • 8-KWeston TuckerBlackstoneTel: +1 (212) [email protected] AndersonBlackstoneTel: +1 (212) [email protected]22 Oct
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers15 Oct
  • 4Statement of changes in beneficial ownership14 Oct
  • 13F-HR/AQuarterly report (institutional investment manager holdings, amendment)9 Oct
  • 13F-HR/AQuarterly report (institutional investment manager holdings, amendment)9 Oct
  • 13F-HR/AQuarterly report (institutional investment manager holdings, amendment)9 Oct
  • 3Initial statement of beneficial ownership7 Oct
  • 4Statement of changes in beneficial ownership30 Sep
  • 4Statement of changes in beneficial ownership28 Sep
  • 4Blackstone Inc.24 Sep
  • 8-KBlackstone Announces Intra-Quarter Realization Update Relating to the Third Quarter22 Sep
  • 4Statement of changes in beneficial ownership18 Sep
  • 144Baratta Joseph18 Sep
  • N-PXAnnual report of proxy voting record28 Aug
  • 4Statement of changes in beneficial ownership26 Aug
  • 4Blackstone Inc.24 Aug
  • 4/ABlackstone Inc.24 Aug
  • 13F-HRQuarterly report (institutional investment manager holdings)14 Aug
  • 13F-HR/AQuarterly report (institutional investment manager holdings, amendment)14 Aug

News

  • Is Blackstone a Buy After Its Latest Earnings Report?23 Oct
  • Blackstone Digital Infrastructure Trust Announces Third-Quarter 2026 Earnings Release and Conference Call23 Oct
  • A Historic Opportunity To Buy The Dip In Alternative Asset Managers23 Oct
  • Blackstone: A Rare Buying Opportunity Just Got Even Better23 Oct
  • Blackstone's Profits Fell, but Its Stock Rose 4%. Here's What Dividend Investors See22 Oct
  • Blackstone Inc. (BX) Q3 2026 Earnings Call Transcript22 Oct
  • Blackstone's Schwarzman Discovered the AI Revolution by Accident22 Oct
  • Blackstone: Time To Be Greedy22 Oct
  • Blackstone Stocks Rally 5.3% as Inflows Cushion Exit Slump22 Oct
  • What Blackstone (BX) Said on Its Q3 Earnings Call22 Oct
  • BX's Q3 Earnings Decline Y/Y Despite Record AUM Amid Tough Environment22 Oct
  • Compared to Estimates, Blackstone Inc. (BX) Q3 Earnings: A Look at Key Metrics22 Oct
  • Blackstone's Core Businesses Hit by Rising Rates22 Oct
  • Blackstone's Jon Gray says CoreWeave can 'find a way through' financing pressure22 Oct
  • Blackstone Inc. (BX) Surpasses Q3 Earnings and Revenue Estimates22 Oct
  • Blackstone's Jas Khaira says fears over AI-buildout debt are overblown21 Oct
  • 3 Private Credit Stocks Cut Their Dividends. Are Blackstone and Hercules Next?21 Oct
  • Blackstone: Expectations Sit Low Going Into Q3 Earnings While The Yield Approaches 5%20 Oct
  • Curious about Blackstone Inc. (BX) Q3 Performance? Explore Wall Street Estimates for Key Metrics19 Oct
  • Blackstone Announces $8.7 Billion Final Close for Blackstone Energy Transition Partners V19 Oct

Mentions in Filings

  • … ers, and before Perella was at Goldman Sachs. Earlier in his career he worked in the merchant banking and investing businesses of Merrill Lynch & Co. and Avenue Capital, respectively, and was also a Managing Director at <strong>Blackstone</strong>. He started his career with Lehman Brothers in New York. He has served as both an independent director as well as an interested (designee) director for approximately two dozen private companies, as well as on several ph …
    HAIN CELESTIAL GROUP INCBlackstone Inc.·10-K/A - Annual report (amendment) FY 2026·FY26·23 Oct
  • … artners (NYSE: CTP). Mr. Keneally has also been the CFO of a number of private equity portfolio companies including: Design Environments (Blackford Capital), GroundLink (Comvest), Gullivers Travel Associates (Travelport/<strong>Blackstone</strong>) and Metiom (Forstmann Little and Chase Capital Group). Prior to joining TechCXO, he was an auditor with Andersen for ten years and was promoted to Senior Manager. Mr. Keneally has a Bachelor of Business Administration …
    Brightline Interactive, Inc./NVBlackstone Inc.·S-3 - Registration statement (primary offering)·Q2 27·23 Oct
  • … the new name of Titan Energy. Matthew Heinlein Matthew Heinlein has served as our Vice President & Head of Corporate Development & Strategy since our inception. From July 2019 to July 2021, Mr. Heinlein worked at The <strong>Blackstone</strong> Group where he was involved with several of Blackstone’s investments across the energy industry. Mr. Heinlein also worked at Falcon Minerals Corporation, a formerly publicly traded company, from 2018 to 2019, where he f …
    WhiteHawk Minerals Corp.Blackstone Inc.·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·23 Oct
  • … in e-commerce, mergers and acquisitions, SEC filings, and related issues. At Deloitte, Mr. Bass was responsible for all services provided to Forstmann Little and its portfolio companies and was the advisory partner for <strong>Blackstone</strong>, DIRECTV, 24 Hour Fitness, McKesson, IMG, and CSC. In addition, he has been an advisory partner for RR Donnelley, Automatic Data Processing, Community Health Systems and Avis Budget. Mr. Bass serves on the board of dire …
    Lucky Strike Entertainment CorpBlackstone Inc.·DEF 14A - Definitive proxy statement·Q2 27·23 Oct
  • … red by the preliminary pricing supplement hyperlinked below. Summary of Terms Issuer: JPMorgan Chase Financial Company LLC Guarantor: JPMorgan Chase & Co. Minimum Denomination: $1,000 Reference Stock: Common stock of <strong>Blackstone Inc.</strong> Pricing Date: October 29, 2026 Final Review Date: October 30, 2028 Maturity Date: November 2, 2028 Review Dates: Quarterly Contingent Interest Rate: At least 13.00%\* per annum, payable quarterly at a rate of at least …
    JPMorgan Chase Financial Co. LLCBlackstone Inc.·FWP - Free writing prospectus·Q4 26·23 Oct
  • … red by the preliminary pricing supplement hyperlinked below. Summary of Terms Issuer: JPMorgan Chase Financial Company LLC Guarantor: JPMorgan Chase & Co. Minimum Denomination: $1,000 Reference Stock: Common stock of <strong>Blackstone Inc.</strong> Pricing Date: October 29, 2026 Final Review Date: October 30, 2028 Maturity Date: November 2, 2028 Review Dates: Quarterly Contingent Interest Rate: At least 13.00%\* per annum, payable quarterly at a rate of at least …
    JPMORGAN CHASE & COBlackstone Inc.·FWP - Free writing prospectus·Q4 26·23 Oct

Key Stats

Trading

Px/Chg 1D$111.75 / -0.44%
Prev Close$136.15
% of 52Wk H70.48%
Avg Volume7.51M
Beta1.29
Mkt Cap88.04B
FD Mkt Cap105.54B

Float

Shrs Out/Float787.79M / 744.08M
Short Float0.03%
Days to Cover3.69
Stock Repurchased$66.35M

Current Valuation

EV112.80B
EV/EBITDA15.30
EV/Sales7.53
P/B10.52
P/S5.87
FCF Yield1.09%
ROE7.76%
ROA1.34%
Current Ratio0.14

Dividend

Cash$1.16
Yield4.04%
Yield (TTM)4.04%

Estimates

P/E28.83
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings72.5334.2164.6136.8294.10132.89
Price / Sales14.418.0212.088.9921.9121.05
Price / Book Value10.967.8113.1812.4511.0210.31
Price / Free Cash Flow-718.929.8023.4529.89-3,747.9190.16
ENTERPRISE VALUE METRICS
Enterprise Value109,148.680,923.2110,458.2123,839.0119,421.0111,101.6
Enterprise Value / Sales18.2110.8614.8510.8927.3927.08
Enterprise Value / EBITDA39.5722.9336.8519.0750.3468.66
Enterprise Value / EBIT40.0423.3837.3519.1750.5369.78

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue-4.8%16,850.67,449.97,438.511,374.213,828.9
Gross Income-8.1%16,652.47,132.67,006.610,930.511,899.7
EBITDA-14.7%13,634.33,528.92,997.86,495.47,214.2
EBIT-14.7%13,559.43,461.82,957.76,459.57,178.3
Net Income-15.3%5,857.41,747.61,390.92,776.53,019.2
EPS (Diluted)-16.9%8.132.361.843.623.88
BALANCE SHEET
Cash & ST Inv5.6%2,119.74,252.02,955.91,972.12,631.2
Total Assets3.7%41,196.442,524.240,287.543,469.947,709.0
Total Liabilities7.3%19,490.422,843.222,212.323,974.925,827.8
Total Shareholder Equity-2.1%9,422.97,655.96,816.88,212.38,665.5
CASH FLOW
Net Operating Cash Flow-17.3%3,986.06,336.34,056.93,481.71,860.6
Cap Ex15.8%-64.3-235.5-224.2-61.4-115.7
Free Cash Flow-18.3%3,921.76,100.83,832.73,420.31,744.9

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)117.41
Basic Shares787.79
Market Cap92,494.9
Diluted Shares783.63
Fully Diluted Shares Outstanding783.63
Fully Diluted Market Cap92,006.6
+Consolidated Debt14,161.9
−In-the-Money Convertible Debt—
+Capital Leases881.6
+Operating Leases—
−Cash & Equivalents-2,448.5
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest13,045.9
+Pension Liabilities—
Enterprise Value117,254.2

Segment data

Revenue

by Products and services

  • Private Equity Segment77%
  • Real Estate Segment23%

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