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Blackstone Inc.
BX · NYSE
trade.xyz perp price (HIP-3, Hyperliquid), not the security's own quote. Updated 2026-08-18 09:05:02 UTC.
Key figures
Profile
| Sector | Financial Services |
| Country | United States |
| Employees | 5,285 |
Leadership
- Mr. Stephen Allen Schwarzman B.A., M.B.A. — Co-Founder, Chairman & CEO
- Mr. Michael S. Chae J.D. — CFO & Vice Chairman
- Mr. Jonathan D. Gray CIMA — President, COO & Director
- Mr. Vikrant Sawhney J.D. — Chief Administrative Officer & Global Head of Institutional Client Solutions
- Mr. John Gary Finley J.D. — Chief Legal Officer
Description
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.
Issuer profile: yahoo finance (yfinance). Board price: TradFi screener. Market cap, P/E and the 52-week range: stockanalysis.com, re-read daily.
Issuer financials
What the company reports, next to what the desk trades. Statements come from Yahoo Finance and are printed in the currency the issuer reports in.
Statements are in USD, the currency this issuer reports in. The perp price at the top of this page is a USDC quote on trade.xyz: the same unit, a different thing.
From revenue to profit
The income statement for the latest quarterly period, ending 2026-06-30. This is not a split by product or by region: the source publishes no segment or geography breakdown, and neither does this page.
| Period ending | Revenue | Cost of revenue | Gross profit | R&D | Selling and admin | Operating income | Net income |
|---|---|---|---|---|---|---|---|
| 2026-06-30 | $4.2B | $416.5M | $1.2B | ||||
| 2026-03-31 | $3.0B | $380.8M | $649.7M | ||||
| 2025-12-31 | $3.7B | $460.4M | $1.0B | ||||
| 2025-09-30 | $2.7B | $393.6M | $624.9M | ||||
| 2025-06-30 | $3.2B | $375.3M | $764.2M |
The income statement for the latest annual period, ending 2025-12-31. This is not a split by product or by region: the source publishes no segment or geography breakdown, and neither does this page.
| Period ending | Revenue | Cost of revenue | Gross profit | R&D | Selling and admin | Operating income | Net income |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | $12.4B | $1.6B | $3.0B | ||||
| 2024-12-31 | $10.9B | $1.4B | $2.8B | ||||
| 2023-12-31 | $7.0B | $1.2B | $1.4B | ||||
| 2022-12-31 | $7.1B | $1.1B | $1.7B |
Balance sheet
Assets, liabilities and equity at the end of each period. Click a name in the legend to drop that line.
| Period ending | Assets | Liabilities | Equity |
|---|---|---|---|
| 2026-06-30 | $49.9B | $27.5B | $22.4B |
| 2026-03-31 | $48.3B | $26.9B | $21.4B |
| 2025-12-31 | $47.7B | $25.8B | $21.9B |
| 2025-09-30 | $46.6B | $25.2B | $21.4B |
| 2025-06-30 | $45.4B | $24.3B | $21.1B |
| Period ending | Assets | Liabilities | Equity |
|---|---|---|---|
| 2025-12-31 | $47.7B | $25.8B | $21.9B |
| 2024-12-31 | $43.5B | $24.0B | $19.5B |
| 2023-12-31 | $40.3B | $22.2B | $18.1B |
| 2022-12-31 | $42.5B | $22.8B | $19.7B |
Cash flow
Cash the business produced and where it went. Capital spending is negative because it leaves.
| Period ending | Operating | Free | Capital spending | Net change in cash |
|---|---|---|---|---|
| 2026-06-30 | $1.9B | $1.9B | −$32.0M | $64.6M |
| 2026-03-31 | $991.0M | $957.6M | −$33.4M | −$136.3M |
| 2025-12-31 | $1.1B | $1.0B | −$22.4M | $25.8M |
| 2025-09-30 | $1.6B | $1.6B | −$23.9M | $286.4M |
| 2025-06-30 | $888.5M | $848.4M | −$40.1M | −$862.8M |
| Period ending | Operating | Free | Capital spending | Net change in cash |
|---|---|---|---|---|
| 2025-12-31 | $4.7B | $4.5B | −$115.7M | $668.7M |
| 2024-12-31 | $3.5B | $3.4B | −$61.4M | −$1.1B |
| 2023-12-31 | $4.1B | $3.8B | −$224.2M | −$1.2B |
| 2022-12-31 | $6.3B | $6.1B | −$235.5M | $2.3B |
Margins
Margin per period is computed here from two published lines: gross profit over revenue, operating income over revenue, net income over revenue. The source publishes only trailing twelve-month ratios, which are in the table below. A period with no revenue gets no point.
| Period ending | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2026-06-30 | 29.4% | ||
| 2026-03-31 | 21.6% | ||
| 2025-12-31 | 27.2% | ||
| 2025-09-30 | 23.3% | ||
| 2025-06-30 | 24.2% |
| Period ending | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2025-12-31 | 24.3% | ||
| 2024-12-31 | 25.4% | ||
| 2023-12-31 | 19.9% | ||
| 2022-12-31 | 24.5% |
Trailing ratios
Trailing twelve months, as the source states them. Not per period and not comparable with the chart above.
| Measure | Value |
|---|---|
| Gross margin | 100.00% |
| Operating margin | 54.36% |
| EBITDA margin | 0.00% |
| Net margin | 22.73% |
| Return on assets | 14.33% |
| Return on equity | 31.37% |
| Revenue growth | 28.60% |
| Earnings growth | 57.30% |
| Debt to equity | 68.19% |
| Current ratio | 0.87 |
| Quick ratio | 0.83 |
| Cash | $2.7B |
| Debt | $15.3B |
| Revenue | $15.5B |
| Operating cash flow | $5.6B |
Analyst recommendations
Counts as the source publishes them, for the month shown. Ratings are the analysts' own, not the desk's, and the desk does not weight them.
Average score is the source's own scale: 1 is strong buy, 5 is strong sell.
| Month | Strong buy | Buy | Hold | Sell | Strong sell | Total |
|---|---|---|---|---|---|---|
| this month | 3 | 9 | 11 | 0 | 0 | 23 |
| 1 month ago | 3 | 9 | 11 | 0 | 0 | 23 |
| 2 months ago | 4 | 9 | 9 | 0 | 0 | 22 |
| 3 months ago | 4 | 9 | 9 | 0 | 0 | 22 |
Analyst price targets
Where the analysts polled above see the price of the security going. Their numbers, not the desk's, and the desk neither weights them nor trades them.
| Measure | As published |
|---|---|
| Average | $142.38 |
| Median | $140.00 |
| Lowest | $119.00 |
| Highest | $184.00 |
Targets are in USD, the currency the security is quoted in. That is the source's own answer, not a guess from the ticker's country: the price the source prints beside the targets matches the quote, and that is what fixes their base. Targets and the perp price are both in dollars, so there is nothing to convert.
Next earnings
| Measure | Value |
|---|---|
| Date | 2026-10-22 |
| EPS estimate | $1.37 |
| EPS range | $1.25 … $1.54 |
| Revenue estimate | $3.4B |
The date is the source's estimate, not a date the company confirmed. Date read from yahoo finance (cli). The two transports disagree by a day on purpose: one answers in exchange-local time, the other in UTC, so the date and its flag always travel together from the same answer.
Statements read 2026-08-13. Source: yahoo finance (yfinance).