SuperworthBlackstone BX
- Market cap
- $88.6B
- PE
- 26.4×
- 10y median 26.5×
- Forward PE
- 18.8×
- 10y median 22.2×
- Price to sales
- 5.5×
- EV/EBIT
- 48.5×
- Revenue, 12 months
- $16.1B
- +17% on a year ago
- Net margin
- 21.8%
- Free cash flow yield
- 6.2%
Blackstone trades at 26.4× trailing earnings, near its ten-year median. Revenue was $16.1B over the last twelve months, up 17% on a year earlier with a 22% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $2.5B+140% | $1.3B−25% | $3.7B+167% | $2.8B−1% | $3.7B+44% | $3.1B+140% | $3.3B−11% | $3.7B+33% | $3.1B−16% | $4.4B+41% | $3.6B+10% | $5B+36% | |
| SG&A | $279.2M+3% | $289.7M−1% | $369.9M+35% | $311.9M+13% | $340.9M+22% | $339.1M+17% | $332.4M−10% | $360.8M+16% | $383.6M+13% | $447.8M+32% | $372.8M+12% | $409.1M+13% |
| $1.3B+620% | $423.1M−44% | $2B+588% | $1.3B−13% | $1.9B+47% | $1.7B+292% | $1.5B−25% | $1.9B+51% | $1.5B−22% | $2.4B+43% | $1.5B−1% | $2.8B+47% | |
| Interest expense | $110.6M+37% | $108.7M+8% | $108.2M+4% | $108.6M+1% | $111.3M+1% | $115.5M+6% | $118.1M+9% | $135.8M+25% | $126.3M+13% | $128.1M+11% | $137.1M+16% | $145M+7% |
| Pre-tax income | $1.1B+1041% | $155.1M−74% | $1.9B+628% | $1.2B−15% | $1.8B+62% | $1.6B+907% | $1.5B−23% | $1.9B+59% | $1.4B−20% | $2.4B+51% | $1.5B+0% | $2.8B+47% |
| $196.6M+109% | $46M | $283.7M+495% | $260.2M+17% | $245.3M+25% | $232.5M+406% | $243.8M−14% | $289.5M+11% | $209.7M−15% | $382M+64% | $197.2M−19% | $452.4M+56% | |
| Net income | $552M+23942% | $151.8M−73% | $847.4M+888% | $444.4M−26% | $780.8M+42% | $703.9M+364% | $614.9M−27% | $764.2M+72% | $624.9M−20% | $1B+44% | $649.7M+6% | $1.2B+61% |
| $0.73 | $0.20−73% | $1.11+909% | $0.58−27% | $1.02+40% | $0.92+360% | $0.80−28% | $0.98+69% | $0.80−22% | $1.30+41% | $0.83+4% | $1.54+57% | |
| 758M+2% | 758.3M+2% | 760.3M+2% | 769.2M+1% | 768.3M+1% | 768.8M+1% | 772.4M+2% | 782.4M+2% | 782.7M+2% | 783.2M+2% | 786.3M+2% | 799.9M+2% |
Operating income: 69 periods, Q2 FY09 to Q2 FY26: not printed by the filing, worked out from its own lines.
EPS, diluted: 8 periods, Q1 FY11 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 12 periods, Q4 FY12 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY18: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $3.3B | $3.1B to $3.6B | $1.26 | $1.14 to $1.39 | 14 |
| Q4 FY26 | $4.3B | $4.1B to $4.7B | $1.71 | $1.63 to $1.85 | 11 |
| Q1 FY27 | $4B | $3.5B to $4.5B | $1.56 | $1.34 to $1.74 | 9 |
| Q2 FY27 | $4.2B | $4B to $4.5B | $1.63 | $1.52 to $1.78 | 3 |
| Q3 FY27 | $4.5B | $4.2B to $4.8B | $1.71 | $1.59 to $1.86 | 3 |
| Q4 FY27 | $6.1B | $5.7B to $6.5B | $2.44 | $2.28 to $2.67 | 6 |
| Q1 FY28 | $4.7B | $4.5B to $5.1B | $1.83 | $1.71 to $2.00 | 8 |
| Q2 FY28 | $4.9B | $4.6B to $5.2B | $1.88 | $1.75 to $2.05 | 4 |
Peers
Companies in Asset Management nearest Blackstone's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| BXBlackstone | $88.6B | 26.4× | 26.5× | 18.8× | 5.5× | +17% | 21.8% |
| KKRKKR | $82B | 29.1× | 21.4× | 10.7× | n/m | +31% | 14.8% |
| APOApollo Global Management | $66.6B | 40.9× | 18.2× | 11.7× | n/m | +41% | 5.2% |
| STTState Street | $46.1B | 14.8× | 13.2× | 11.2× | n/m | +12% | 23.0% |
| AMPAmeriprise Financial | $43.5B | 11.9× | 14.1× | 10.1× | 2.2× | +9% | 19.9% |
| BLKBlackRock | $181.7B | n/m | 20.8× | 17.9× | 6.4× | +25% | 24.2% |
| ARESAres Management | $40.3B | 54.7× | 55.7× | 19.2× | 6.7× | +24% | 10.6% |
| NTRSNorthern Trust | $30.7B | 14.4× | 15.3× | 14.0× | n/m | +15% | 24.8% |
| RJFRaymond James Financial | $30.3B | 13.7× | 15.1× | 11.4× | 1.8× | +8% | 13.6% |
| PFGPrincipal Financial | $23.2B | 15.4× | 11.6× | 11.0× | 1.5× | +4% | 9.9% |
| TROWT. Rowe Price | $22.2B | 10.5× | 14.4× | 10.3× | 2.9× | +7% | 29.3% |
| Peer median | $41.9B | 14.8× | 15.2× | 11.3× | 2.6× | +13% | 17.3% |
Investors who own it
Investors we follow who held Blackstone at the end of Jun 30, 2026, from their 13F filings.
- Tom GaynerMarkel Group1.1% of portfolio
- Ron BaronBaron Capital0.1% of portfolioadded
- Bill NygrenHarris Associates (Oakmark)0.0% of portfolio
More on Blackstone
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #4of 64Financial stocks with the highest dividend yields
- #2of 12Asset managers with the highest dividend yields
- #10of 11Asset managers with the lowest forward PE
Its groups
About
- Industry
- Asset Management
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .