Blackstone Inc. (BX) Financial Statements

Blackstone Inc.

BX · NYSE

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$14.45B	$13.23B	$8.02B	$8.52B	$22.58B	$6.10B	$7.34B	$6.83B
Selling, General & Administrative	$1.52B	$1.36B	$1.12B	$1.09B	$917.85M	$711.78M	$679.41M	$594.87M
Operating Expenses	$7.70B	$6.82B	$4.98B	$4.97B	$9.48B	$3.48B	$3.96B	$3.51B
Interest Expense	$508.31M	$443.69M	$431.87M	$317.23M	$198.27M	$166.16M	$199.65M	$163.99M
Other Income / (Expense)	$423.99M	$48.84M	-$84.00M	-$82.86M	$458.87M	-$4.84M	$444.40M	$191.72M
Income Before Taxes	$7.17B	$6.46B	$2.96B	$3.46B	$13.56B	$2.62B	$3.82B	$3.51B
Provision for Income Taxes	$1.13B	$1.02B	$513.46M	$472.88M	$1.18B	$356.01M	-$47.95M	$249.39M
Net Income	$3.02B	$2.78B	$1.39B	$1.75B	$5.86B	$1.05B	$2.05B	$1.54B
Basic EPS	$3.87	$3.62	$1.84	$2.36	$8.14	$1.50	$3.03	$2.27
Diluted EPS	$3.87	$3.62	$1.84	$2.36	$8.13	$1.50	$3.03	$2.26
Basic Shares Outstanding	780.02M	766.49M	755.20M	740.66M	719.77M	696.93M	675.90M	678.85M
Diluted Shares Outstanding	780.22M	766.65M	755.42M	740.94M	720.13M	697.26M	676.17M	1.21B

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Dec 2026	$6.00	$5.79	$6.18	10	↑6 ↓3
Dec 2027	$7.58	$6.86	$8.17	10	↑3 ↓6
Dec 2028	$8.41	$8.07	$8.74	4	↑0 ↓0
Dec 2029	$9.89	$9.61	$10.17	2	↑1 ↓0

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: BX
Type: Stock
Sector: Finance
Industry: Investment Managers
Country: North America
Exchange: NYSE

Blackstone is the world's largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone's over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

Key Issues

Bullish view

Blackstone’s scale across private markets and private wealth can support continued asset growth and recurring management fees; the company’s FY2025 revenue and net income both increased year over year.

Bearish view

Simply Wall St. cited higher BCRED redemption activity and softer expected management-fee flows when reducing its fair value, suggesting fundraising and fee growth may face pressure.

Analyst Consensus

See all

Hold

20 analysts

$136

Current

—

Low

$140

Average

—

High

Average target implies +3.08% versus the current price.

Earnings History

BeatMissNo estimate

Peers

PNC Financial Services Group, Inc. (The)PNC · NYSE$255.60