Symbols / BX Stock $121.60 -6.27% Blackstone Inc.

Financial Services • Asset Management • United States • NYQ
BX (Stock) Chart
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About

Blackstone Inc. is an alternative asset management firm specializing in private equity, venture capital, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage, seed, middle market, mature, late venture, growth capital, emerging growth, turnaround, and later stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. Within fund of fund investments, it seeks to invest in private equity funds, venture capital funds, mezzanine funds, distressed debt/turnaround funds, secondary investment funds & real estate funds. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts, recapitalization, special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, cargo, data processing, oil & gas production, oil & gas refining, oil & gas storage, building products, home entertainment, B2B, consumer electronics, home supply store, lodging, commercial services & supplies, metal & mineral mining machinery, coal, hazardous waste collection, solid waste collection, waste water treatment, renewable electricity, equity REITs, power generation by nuclear & fossil fuels, personal loan services, chemicals, other specialty retail, biotech, pharmaceuticals, metal, aerospace, healthcare, cable, entertainment services, infrastructure services, transportation infrastructure, exhaust, life sciences, alternative carriers, infrastructure, system software, manufacturing services, enterprise tech and consumer, enterprise software & application, as well as consumer technologies. The firm considers investment in Asia, Latin America, Japan, Australia, South Korea, Singapore, Hong Kong, Africa, Middle East, Beijing, Shanghai, India, Belgium, France, Ireland, Luxembourg, Monaco, Netherlands, United Kingdom, North America and South America. It seeks to invest between $0.25 million and $900 million per transaction. It invests in companies with enterprise value between $500 million and $5000 million. It makes equity investments up to $300 million through fund of fund investments. It has a three year investment period. The firm prefers to take majority and minority stakes. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. Blackstone Inc. through its subsidiary South City Projects (Kolkata) Limited offers residential and commercial real estate development services that include development of township, residential towers, malls, IT parks, stadiums, resorts, hospitals, and schools. Blackstone Inc. was founded in 1985 and is based in New York, New York with additional offices across Asia, Europe, North America and Central America.

Stock Fundamentals
Scroll to Statements
Market Cap 94.44B Enterprise Value 126.61B Income 3.02B Sales 14.21B Book/sh 11.06 Cash/sh 3.53
Dividend Yield 3.65% Payout 121.19% Employees 5285 IPO — P/E 31.42 Forward P/E 15.90
PEG — P/S 6.64 P/B 10.99 P/C — EV/EBITDA — EV/Sales 8.91
Quick Ratio 0.96 Current Ratio 1.01 Debt/Eq 66.53 LT Debt/Eq — EPS (ttm) 3.87 EPS next Y 7.65
EPS Growth 42.50% Revenue Growth 50.60% Earnings 2026-04-23 ROA 13.26% ROE 29.23% ROIC —
Gross Margin 100.00% Oper. Margin 52.83% Profit Margin 21.24% Shs Outstand 742.18M Shs Float 743.38M Short Float 2.91%
Short Ratio 1.92 Short Interest — 52W High 190.09 52W Low 101.73 Beta 1.74 Avg Volume 9.06M
Volume 6.90M Target Price $144.40 Recom Buy Prev Close $129.73 Price $121.60 Change -6.27%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$144.40
Mean price target
2. Current target
$121.61
Latest analyst target
3. DCF / Fair value
$58.05
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$121.61
Low
$118.00
High
$190.00
Mean
$144.40

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-22 main Citizens Market Outperform → Market Outperform $190
2026-04-21 main Morgan Stanley Overweight → Overweight $184
2026-04-21 main Evercore ISI Group Outperform → Outperform $150
2026-04-13 up Oppenheimer Perform → Outperform $154
2026-04-08 main Barclays Equal-Weight → Equal-Weight $124
2026-04-07 main Goldman Sachs Neutral → Neutral $118
2026-04-07 main Piper Sandler Neutral → Neutral $122
2026-03-24 main BMO Capital Outperform → Outperform $126
2026-03-03 main JP Morgan Neutral → Neutral $122
2026-03-02 main Barclays Equal-Weight → Equal-Weight $126
2026-02-24 init RBC Capital — → Outperform $179
2026-02-20 main UBS Neutral → Neutral $137
2026-02-02 main Piper Sandler Neutral → Neutral $158
2026-01-30 main JP Morgan Neutral → Neutral $158
2026-01-30 reit TD Cowen Buy → Buy $183
2026-01-30 main Barclays Equal-Weight → Equal-Weight $164
2026-01-30 reit Citizens Market Outperform → Market Outperform $195
2026-01-14 main TD Cowen Buy → Buy $183
2026-01-13 main UBS Neutral → Neutral $172
2026-01-09 main Barclays Equal-Weight → Equal-Weight $171
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-01 LAZARUS ROCHELLE B Director — 1,961 $0.00 $0
2026-04-01 FINLEY JOHN G Officer — 152,222 $0.00 $0
2026-04-01 BARATTA JOSEPH P Director — 124,626 $0.00 $0
2026-04-01 BROWN REGINALD J. Director — 1,961 $0.00 $0
2026-04-01 PAYNE DAVID Officer — 17,804 $0.00 $0
2026-04-01 BREYER JAMES W Director — 1,961 $0.00 $0
2026-04-01 CHAE MICHAEL S. Chief Financial Officer — 152,667 $0.00 $0
2026-04-01 GRAY JONATHAN D. President — 302,662 $0.00 $0
2026-04-01 PARRETT WILLIAM G Director — 2,048 $0.00 $0
2026-04-01 PORAT RUTH M Director — 1,961 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
12,410.01
+13.54%
10,930.54
+56.00%
7,006.65
-1.77%
7,132.63
Operating Revenue
12,410.01
+13.54%
10,930.54
+56.00%
7,006.65
-1.77%
7,132.63
Operating Expense
5,238.37
+17.16%
4,471.06
+10.43%
4,048.93
+10.30%
3,670.84
Selling General And Administration
1,573.76
+13.91%
1,381.59
+11.75%
1,236.29
+10.05%
1,123.35
General And Administrative Expense
1,573.76
+13.91%
1,381.59
+11.75%
1,236.29
+10.05%
1,123.35
Other Operating Expenses
-6.59
-115.98%
41.25
+51.66%
27.20
+222.05%
-22.28
Reconciled Depreciation
36.02
+0.16%
35.97
-10.26%
40.08
-40.27%
67.10
Net Income
3,019.21
+8.74%
2,776.51
+99.62%
1,390.88
-20.41%
1,747.63
Pretax Income
7,171.65
+11.03%
6,459.48
+118.39%
2,957.71
-14.56%
3,461.79
Net Interest Income
-92.22
-183.50%
-32.53
-138.44%
84.63
+285.54%
-45.61
Interest Expense
508.31
+14.57%
443.69
+2.74%
431.87
+36.14%
317.23
Interest Income
416.09
+1.20%
411.16
-20.39%
516.50
+90.16%
271.61
Gain On Sale Of Security
4,777.27
+23.12%
3,880.09
+57.03%
2,470.86
-59.67%
6,126.82
Tax Provision
1,125.02
+10.12%
1,021.67
+98.98%
513.46
+8.58%
472.88
Tax Rate For Calcs
0.00
-0.63%
0.00
-9.20%
0.00
+27.01%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
6,046.62
+11.20%
5,437.81
+122.47%
2,444.25
-18.22%
2,988.91
Net Income From Continuing Operation Net Minority Interest
3,019.21
+8.74%
2,776.51
+99.62%
1,390.88
-20.41%
1,747.63
Net Income From Continuing And Discontinued Operation
3,019.21
+8.74%
2,776.51
+99.62%
1,390.88
-20.41%
1,747.63
Net Income Continuous Operations
6,046.62
+11.20%
5,437.81
+122.47%
2,444.25
-18.22%
2,988.91
Minority Interests
-3,027.41
-13.76%
-2,661.30
-152.65%
-1,053.37
+15.14%
-1,241.28
Normalized Income
3,019.21
+8.74%
2,776.51
+99.62%
1,390.88
-20.41%
1,747.63
Net Income Common Stockholders
3,019.21
+8.74%
2,776.51
+99.62%
1,390.88
-20.41%
1,747.63
Diluted EPS
3.87
+6.91%
3.62
+96.74%
1.84
-22.03%
2.36
Basic EPS
3.87
+6.91%
3.62
+96.74%
1.84
-22.03%
2.36
Basic Average Shares
780.02
+1.77%
766.49
+1.49%
755.20
+1.96%
740.66
Diluted Average Shares
780.22
+1.77%
766.65
+1.49%
755.42
+1.95%
740.94
Diluted NI Availto Com Stockholders
3,019.21
+8.74%
2,776.51
+99.62%
1,390.88
-20.41%
1,747.63
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
47,708.97
+9.75%
43,469.88
+7.90%
40,287.53
-5.26%
42,524.23
Cash And Cash Equivalents
2,631.24
+33.42%
1,972.14
-33.28%
2,955.87
-30.48%
4,252.00
Receivables
6,649.22
+17.74%
5,647.24
+21.19%
4,659.89
+1.09%
4,609.61
Prepaid Assets
315.34
+63.58%
192.78
-7.27%
207.89
+25.93%
165.08
Net PPE
1,278.65
-4.93%
1,344.94
-2.83%
1,384.06
+5.76%
1,308.69
Gross PPE
1,710.04
-6.46%
1,828.14
+2.78%
1,778.66
+8.10%
1,645.32
Accumulated Depreciation
-431.39
+10.72%
-483.20
-22.45%
-394.60
-17.22%
-336.62
Goodwill And Other Intangible Assets
2,021.56
-1.65%
2,055.45
-1.72%
2,091.41
-0.76%
2,107.49
Goodwill
1,890.20
+0.00%
1,890.20
+0.00%
1,890.20
+0.00%
1,890.20
Other Intangible Assets
131.36
-20.51%
165.24
-17.87%
201.21
-7.40%
217.29
Investments And Advances
32,346.67
+7.89%
29,980.88
+13.92%
26,317.51
-5.18%
27,755.93
Long Term Equity Investment
19,526.55
+3.07%
18,944.09
+13.44%
16,699.63
-6.66%
17,891.10
Total Liabilities Net Minority Interest
25,827.80
+7.73%
23,974.86
+7.93%
22,212.32
-2.76%
22,843.16
Payables
3,224.43
+14.82%
2,808.15
+17.33%
2,393.41
+12.98%
2,118.48
Accounts Payable
—
—
2,277.26
+81.91%
1,251.84
Other Payable
3,224.43
+14.82%
2,808.15
+17.33%
2,393.41
+12.98%
2,118.48
Long Term Debt And Capital Lease Obligation
13,306.17
+8.30%
12,286.70
-0.06%
12,293.88
-8.06%
13,371.04
Preferred Securities Outside Stock Equity
—
—
—
1,715.01
Stockholders Equity
8,665.53
+5.52%
8,212.32
+20.47%
6,816.80
-10.96%
7,655.91
Common Stock Equity
8,665.53
+5.52%
8,212.32
+20.47%
6,816.80
-10.96%
7,655.91
Capital Stock
0.01
+0.00%
0.01
+0.00%
0.01
+0.00%
0.01
Common Stock
0.01
+0.00%
0.01
+0.00%
0.01
+0.00%
0.01
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
783.18
+1.88%
768.72
+1.41%
758.04
+2.07%
742.65
Ordinary Shares Number
783.18
+1.88%
768.72
+1.41%
758.04
+2.07%
742.65
Additional Paid In Capital
8,479.89
+13.91%
7,444.56
+20.56%
6,175.19
+4.04%
5,935.27
Retained Earnings
191.64
-76.28%
808.08
+22.30%
660.73
-62.20%
1,748.11
Minority Interest
13,215.65
+17.13%
11,282.69
+0.22%
11,258.42
-6.38%
12,025.16
Total Equity Gross Minority Interest
21,881.17
+12.24%
19,495.01
+7.85%
18,075.21
-8.16%
19,681.07
Total Capitalization
21,110.67
+8.08%
19,533.28
+7.79%
18,120.86
-9.42%
20,005.49
Invested Capital
21,110.67
+8.08%
19,533.28
+7.79%
18,120.86
-9.42%
20,005.49
Total Debt
13,306.17
+8.30%
12,286.70
-0.06%
12,293.88
-8.06%
13,371.04
Net Debt
9,813.90
+4.97%
9,348.82
+11.99%
8,348.19
+3.09%
8,097.58
Net Tangible Assets
6,643.97
+7.91%
6,156.88
+30.29%
4,725.39
-14.83%
5,548.42
Tangible Book Value
6,643.97
+7.91%
6,156.88
+30.29%
4,725.39
-14.83%
5,548.42
Available For Sale Securities
12,672.78
+16.87%
10,843.23
+15.01%
9,427.80
-1.66%
9,587.22
Cash Cash Equivalents And Federal Funds Sold
2,854.68
+31.18%
2,176.19
-33.49%
3,272.06
-27.19%
4,493.72
Investmentin Financial Assets
12,820.12
+16.16%
11,036.78
+14.75%
9,617.88
-2.50%
9,864.83
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
4,663.16
+33.93%
3,481.66
-14.18%
4,056.91
-35.97%
6,336.25
Net Income From Continuing Operations
6,046.62
+11.20%
5,437.81
+122.47%
2,444.25
-18.22%
2,988.91
Depreciation
0.00
0.00
0.00
0.00
Amortization Cash Flow
36.02
+0.16%
35.97
-10.26%
40.08
-40.27%
67.10
Depreciation And Amortization
36.02
+0.16%
35.97
-10.26%
40.08
-40.27%
67.10
Other Non Cash Items
2,754.76
+20.08%
2,294.16
-1.00%
2,317.35
-40.15%
3,871.63
Gain Loss On Investment Securities
-2,436.26
+11.32%
-2,747.14
-2062.73%
-127.02
-125.73%
493.76
Change In Working Capital
-1,737.98
-12.92%
-1,539.13
-149.15%
-617.75
+43.07%
-1,085.15
Change In Receivables
-398.41
+14.33%
-465.04
-181.69%
569.25
-31.59%
832.12
Change In Accrued Expense
-1,493.88
-23.30%
-1,211.55
-13.06%
-1,071.56
+51.24%
-2,197.45
Change In Payable
390.18
+84.47%
211.51
+365.37%
45.45
-83.49%
275.24
Change In Other Current Assets
-235.87
-218.51%
-74.06
+53.97%
-160.89
-3358.16%
4.94
Change In Other Current Liabilities
0.00
0.00
0.00
0.00
Investing Cash Flow
-115.70
-88.41%
-61.41
+73.26%
-229.65
+2.48%
-235.50
Net PPE Purchase And Sale
-115.70
-88.41%
-61.41
+72.61%
-224.23
+4.78%
-235.50
Purchase Of PPE
-115.70
-88.41%
-61.41
+72.61%
-224.23
+4.78%
-235.50
Capital Expenditure
-115.70
-88.41%
-61.41
+72.61%
-224.23
+4.78%
-235.50
Net Business Purchase And Sale
0.00
0.00
+100.00%
-5.42
0.00
Purchase Of Business
0.00
0.00
+100.00%
-5.42
0.00
Financing Cash Flow
-3,878.80
+13.83%
-4,501.56
+10.93%
-5,053.90
-33.19%
-3,794.45
Net Issuance Payments Of Debt
1,000.68
+56.86%
637.95
+8623.07%
-7.49
-100.23%
3,240.78
Issuance Of Debt
2,813.74
+279.63%
741.17
+49.74%
494.98
-85.94%
3,521.54
Repayment Of Debt
-1,813.06
-1656.48%
-103.22
+79.46%
-502.46
-78.96%
-280.77
Long Term Debt Issuance
2,813.74
+279.63%
741.17
+49.74%
494.98
-85.94%
3,521.54
Long Term Debt Payments
-1,813.06
-1656.48%
-103.22
+79.46%
-502.46
-78.96%
-280.77
Net Long Term Debt Issuance
1,000.68
+56.86%
637.95
+8623.07%
-7.49
-100.23%
3,240.78
Net Common Stock Issuance
-312.48
+52.73%
-661.07
-58.14%
-418.02
+10.29%
-465.96
Common Stock Payments
-312.48
+52.73%
-661.07
-58.14%
-418.02
+10.29%
-465.96
Common Stock Dividend Paid
-6,013.39
-35.92%
-4,424.18
-3.65%
-4,268.45
+34.52%
-6,518.78
Cash Dividends Paid
-6,013.39
-35.92%
-4,424.18
-3.65%
-4,268.45
+34.52%
-6,518.78
Repurchase Of Capital Stock
-312.48
+52.73%
-661.07
-58.14%
-418.02
+10.29%
-465.96
Net Other Financing Charges
1,446.38
+2765.40%
-54.27
+84.92%
-359.94
-612.89%
-50.49
Changes In Cash
668.65
+161.84%
-1,081.31
+11.85%
-1,226.64
-153.19%
2,306.30
Effect Of Exchange Rate Changes
9.84
+167.55%
-14.56
-391.96%
4.99
+140.49%
-12.32
Beginning Cash Position
2,176.19
-33.49%
3,272.06
-27.19%
4,493.72
+104.28%
2,199.73
End Cash Position
2,854.68
+31.18%
2,176.19
-33.49%
3,272.06
-27.19%
4,493.72
Free Cash Flow
4,547.46
+32.96%
3,420.25
-10.76%
3,832.68
-37.18%
6,100.76
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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