Blackstone Inc. logo BX - Blackstone Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 18
HOLD 10
SELL 1
STRONG
SELL
0
| PRICE TARGET: $156.29 DETAILS
HIGH: $184.00
LOW: $130.00
MEDIAN: $156.00
CONSENSUS: $156.29
UPSIDE: 31.88%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 1999
Revenue
Revenue 13,828.9 11,374.2 7,438.5 7,449.9 16,850.6 5,399.3 6,373.6 5,960.2 5,975.6 4,463.5 4,822.9 7,842.6 6,994.8 4,275.6 2,928.1 3,344.1 1,938.1 (1,019.2) 8,441.2 8,707.6 5,456.7 503.5 1,094.4 318.1 3,628.9
Cost of Revenue 1,929.2 443.7 431.9 317.2 198.3 166.2 199.6 164.0 197.5 152.7 625.6 1,316.2 1,331.9 490.9 0 0 0 23.0 0 36.9 23.8 0 0 0 0
Gross Profit 11,899.7 10,930.5 7,006.6 7,132.6 16,652.4 5,233.2 6,173.9 5,796.3 5,778.1 4,310.8 4,197.3 6,526.4 5,662.9 3,784.7 3,252.6 3,119.3 1,773.7 (1,042.3) 2,692.7 8,670.6 5,432.8 503.5 1,094.4 318.1 3,628.9
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 1,546.7 1,381.6 1,236.3 1,123.3 928.2 724.6 697.1 673.4 621.4 593.8 655.6 580.0 501.1 582.6 591.8 492.6 450.9 503.8 476.1 266.1 155.4 78.1 67.8 37.6 214.1
Other Expenses 3,174.7 3,089.5 2,812.6 2,547.5 2,164.7 1,891.0 1,658.8 1,610.0 1,038.6 1,335.4 1,726.9 1,959.7 2,013.3 2,187.2 2,471.8 3,876.1 3,955.4 4,062.2 7,647.7 7,800.4 4,047.2 (1,039.0) 156.3 138.6 0
Operating Expenses 4,721.4 4,471.1 4,048.9 3,670.8 3,093.0 2,615.6 2,355.9 2,283.3 1,660.0 1,929.2 2,382.5 2,539.7 2,514.4 2,769.8 3,063.6 4,368.7 4,406.2 4,566.0 8,123.8 8,066.5 4,202.6 (960.9) 224.1 176.2 214.1
Operating Income
Operating Income 7,178.3 6,459.5 2,957.7 3,461.8 13,559.4 2,617.5 3,818.0 3,512.9 4,118.1 2,381.6 1,814.7 3,986.7 3,148.6 1,014.9 (135.5) (1,024.6) (2,468.2) (5,608.3) 317.4 604.1 1,230.2 1,464.4 870.3 141.9 1,859.9
Interest Expense 508.3 443.7 431.9 317.2 198.3 166.2 199.6 164.0 197.5 152.7 625.6 1,316.2 1,331.9 490.9 339.4 277.3 13.4 23.0 32.1 36.9 23.8 0 0 0 45.7
Interest Income 416.1 411.2 516.5 271.6 160.6 125.2 182.4 171.9 139.7 95.7 1,705.1 4,224.8 3,166.5 1,362.0 1,147.9 738.2 0 30.9 0 0 0 0 0 0 0
Profitability
EBITDA 7,214.2 6,495.4 2,997.8 3,528.9 13,634.3 2,688.6 3,889.0 3,572.0 4,164.9 2,464.5 1,916.2 4,088.6 3,244.2 1,154.1 0 0 0 (5,455.1) 0 604.1 1,230.2 0 0 0 1,859.9
EBIT 7,178.3 6,459.5 2,957.7 3,461.8 13,559.4 2,617.5 3,818.0 3,512.9 4,118.1 2,381.6 1,814.7 3,986.7 3,148.6 1,014.9 (207.6) (162.1) (158.0) (5,608.3) (117.6) 604.1 1,230.2 0 0 0 1,859.9
Income Before Tax 7,171.6 6,459.5 2,957.7 3,461.8 13,559.4 2,617.5 3,818.0 3,512.9 4,118.1 2,381.6 1,814.7 3,986.7 3,148.6 1,014.9 77.3 (522.7) (2,291.5) (5,608.3) 5,708.4 8,154.5 5,277.5 1,539.4 953.0 48.6 2,080.5
Income Tax Expense 1,125.0 1,021.7 513.5 472.9 1,184.4 356.0 (48.0) 249.4 743.1 132.4 190.4 291.2 255.6 185.0 345.7 84.7 99.2 (14.1) 26.0 31.9 12.3 16.1 11.9 9.1 45.7
Net Income 3,019.2 2,776.5 1,390.9 1,747.6 5,857.4 1,045.4 2,049.7 1,541.8 1,471.4 1,039.0 709.8 1,584.6 1,171.2 218.6 (168.3) (370.0) (715.3) (1,163.0) 1,623.2 2,266.2 1,330.7 1,523.3 941.1 39.4 2,034.8
Per Share Data
EPS (Basic) 3.88 3.62 1.84 2.36 8.14 1.50 3.03 2.27 2.21 1.60 1.12 2.60 2.00 0.41 -0.35 -1.02 -2.48 -4.33 6.24 12.33 7.24 8.28 4.97 0.21 10.75
EPS (Diluted) 3.88 3.62 1.84 2.36 8.13 1.50 3.03 2.26 2.21 1.56 1.04 2.58 1.98 0.41 -0.35 -1.02 -2.48 -4.33 6.24 12.33 7.24 8.28 4.97 0.21 10.75
Shares Outstanding 780.9 766.5 755.2 740.7 719.8 696.9 675.9 603.5 665.5 649.5 634.3 608.8 587.0 533.7 475.6 364.0 289.0 268.4 260.0 183.9 183.9 183.9 189.2 189.2 189.2
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 1999
Current Assets
Cash & Cash Equivalents 2,631.2 1,972.1 2,955.9 4,252.0 2,119.7 1,999.5 2,172.4 2,207.8 1,992.5 1,837.3 952.1 503.7 0 0 0 65.0
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 3,565.5 2,830.9 0 0 0 0
Net Receivables 0 0 0 0 0 4,087.7 3,569.9 2,630.4 2,903.2 2,215.1 1,066.2 1,400.4 0 0 0 866.2
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 0 0 0 0 0 0 0 0 0 54.9 (1,124.8) 0 0 0 0
Total Current Assets 2,946.6 2,164.9 3,163.8 4,417.1 2,212.1 6,192.4 5,901.7 4,948.9 4,974.4 4,149.2 5,669.9 4,554.1 0 0 0 931.1
Non-Current Assets
Property, Plant & Equipment 1,278.6 1,344.9 1,384.1 1,308.7 1,033.6 758.8 625.5 120.4 126.6 126.8 117.4 119.0 0 0 0 526.9
Goodwill 1,890.2 1,890.2 1,890.2 1,890.2 1,890.2 1,901.5 1,869.9 1,869.9 1,778.2 1,718.5 1,703.6 1,703.6 0 0 0 1,901.5
Intangible Assets 131.4 165.2 201.2 217.3 284.4 348.0 397.5 468.5 409.8 262.6 919.5 1,077.5 0 0 0 348.0
Long-Term Investments 19,673.9 19,137.6 16,889.7 18,168.7 28,810.4 15,743.2 22,336.1 20,421.9 24,438.5 17,698.4 3,565.5 2,830.9 0 0 0 0
Other Non-Current Assets 19,732.1 16,763.0 14,427.2 14,459.5 5,384.0 82.9 365.5 355.5 1,962.5 1,161.4 (3,510.3) (1,641.6) 21,253.9 14,937.4 10,348.8 21,254.0
Total Non-Current Assets 44,762.4 41,305.0 37,123.8 38,107.1 38,984.3 20,076.8 26,683.8 23,975.7 29,441.5 22,254.1 3,739.1 4,935.0 21,253.9 14,937.4 10,348.8 25,273.0
Total Assets 47,709.0 43,469.9 40,287.5 42,524.2 41,196.4 26,269.3 32,585.5 28,924.7 34,415.9 26,403.3 9,409.0 9,489.1 21,253.9 14,937.4 10,348.8 26,204.1
Current Liabilities
Account Payables 0 0 2,277.3 1,251.8 937.2 717.1 806.2 876.0 2,043.5 1,081.8 308.5 1,284.6 0 0 0 0
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0 0 0 0 0 0 308.5 1,284.6 0 0 0 0
Total Current Liabilities 3,224.4 2,808.1 2,393.4 2,118.5 1,906.1 717.1 806.2 876.0 2,043.5 1,081.8 2,207.5 2,983.6 0 0 0 0
Non-Current Liabilities
Long-Term Debt 13,306.2 12,286.7 12,293.9 13,371.0 8,714.2 6,342.3 11,777.8 10,174.1 14,934.3 8,941.7 657.6 387 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 9,297.2 8,880.0 7,525.0 7,353.6 8,870.1 4,619.3 4,898.5 4,120.5 3,715.0 3,864.9 0.4 362.5 19,317.5 13,856.8 9,935.1 0
Total Non-Current Liabilities 22,603.4 21,166.7 19,818.9 20,724.7 17,584.3 10,961.6 16,676.3 14,294.6 18,649.3 12,806.6 658.0 749.5 19,317.5 13,856.8 9,935.1 0
Total Liabilities 25,827.8 23,974.9 22,212.3 22,843.2 19,490.4 11,678.7 17,482.5 15,170.6 20,692.8 13,888.4 2,865.5 3,370.6 19,317.5 13,856.8 9,935.1 11,678.7
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6,415.7 6,668.5 6,523.9 3,376.7 3,509.4 0 0 0 0.0
Retained Earnings 191.6 808.1 660.7 1,748.1 3,647.8 335.8 609.6 0 0 0 0 0 0 0 0 335.8
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 2.4 (0.3) 0 0 0 (15.8)
Total Stockholders' Equity 8,665.5 8,212.3 6,816.8 7,655.9 9,422.9 6,652.0 7,009.8 6,379.2 6,634.5 6,461.0 3,379.1 3,509.2 0 0 0 14,525.3
Total Liabilities & Equity 47,709.0 43,469.9 40,287.5 42,524.2 41,196.4 26,269.3 32,585.5 28,924.7 34,415.9 26,403.3 9,409.0 9,489.1 19,317.5 13,856.8 9,935.1 26,204.1
Debt Metrics
Total Debt 13,306.2 12,286.7 12,293.9 13,371.0 8,714.2 6,342.3 11,777.8 10,174.1 14,934.3 8,941.7 657.6 387 0 0 0 0
Net Debt 10,674.9 10,314.6 9,338.0 9,119.0 6,594.4 4,342.8 9,605.4 7,966.2 12,941.8 7,104.4 (294.5) (116.7) 0 0 0 (65.0)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 1999
Operating Activities
Net Income 3,019.2 5,437.8 2,444.3 2,988.9 12,375.0 2,261.5 3,866.0 3,263.6 3,374.9 2,249.2 1,330.7 1,814.2
Depreciation & Amortization 36.0 36.0 40.1 67.1 74.9 71.1 71.0 59.0 46.8 82.9 0 16.5
Stock-Based Compensation 1,948.7 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (1,668.5) (1,539.1) (617.8) (1,085.1) (2,340.8) (1,641.7) (1,591.5) (2,102.1) (1,862.3) (456.8) (4.1) 0
Other Non-Cash Items (1,474.8) (453.0) 2,190.3 4,365.4 (6,123.0) 1,245.1 (382.3) (1,174.7) (3,185.8) (1,964.0) 1,382.7 (1,830.7)
Operating Cash Flow 1,860.6 3,481.7 4,056.9 6,336.3 3,986.0 1,935.9 1,963.1 45.7 (2,448.7) (88.6) 2,709.3 0
Investing Activities
Capital Expenditure (115.7) (61.4) (224.2) (235.5) (64.3) (111.7) (60.3) (18.4) (24.3) (21.8) (7.4) 0
Acquisitions 0 0 (5.4) 5,228.7 7,481.2 (55.2) 8,678.6 (98.2) (168.9) 0 0 0
Purchases of Investments 0 (2,429.8) (5,010.3) (5,228.7) (7,481.2) (7,284.1) (8,678.6) (13,881.9) (18,723.4) (8,805.5) 0 0
Sales/Maturities of Investments 6,679.2 5,249.9 7,897.6 10,368.2 11,971.4 9,242.4 10,645.2 14,179.5 18,723.4 8,688.0 0 0
Other Investing Activities (1,281.7) (2,820.1) (2,887.3) (10,368.2) (11,971.4) (1,958.3) (10,645.2) (297.7) 0 0 0 0
Investing Cash Flow 5,281.8 (61.4) (229.7) (235.5) (64.3) (166.8) (60.3) (116.6) (193.3) (139.3) (7.4) 0
Financing Activities
Net Debt Issuance 1,000.7 638.0 (7.5) 3,240.8 2,222.5 886.7 1,146.3 2,209.0 5,834.0 2,900.4 (313.5) 0
Stock Repurchased (312.5) (661.1) (418.0) (466.0) (1,272.8) (504.9) (585.3) (567.2) (30.2) (27.6) 0 0
Dividends Paid (6,013.4) (4,424.2) (4,268.4) (6,518.8) (4,602.6) (2,385.6) (2,396.7) (3,046.4) (2,842.6) (2,018.7) 0 0
Other Financing Activities (1,079.1) (54.3) (359.9) (50.5) (123.8) (240.3) (85.6) 74.3 (189.9) (283.9) (1,216.8) 5.6
Financing Cash Flow (6,404.3) (4,501.6) (5,053.9) (3,794.5) (3,776.6) (2,244.0) (1,921.4) (1,330.2) 2,771.3 570.2 (2,738.3) 5.6
Cash Position
Net Change in Cash 678.5 (1,095.9) (1,221.7) 2,294.0 135.3 (459.2) (21.5) (1,391.3) 155.2 (0.1) (39.3) 5.6
Cash at Beginning 2,176.2 3,272.1 4,493.7 2,199.7 2,064.5 2,523.7 2,545.2 3,936.5 1,837.3 1,837.3 125.7 0
Cash at End 2,854.7 2,176.2 3,272.1 4,493.7 2,199.7 2,064.5 2,523.7 2,545.2 1,992.5 1,837.3 86.4 5.6
Free Cash Flow 1,744.9 3,420.3 3,832.7 6,100.8 3,921.7 1,824.3 1,902.8 27.4 (2,473.1) (110.4) 2,701.9 0
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 1999
Income Statement
Revenue 13,828.9 11,374.2 7,438.5 7,449.9 16,850.6 5,399.3 6,373.6 5,960.2 5,975.6 4,463.5 4,822.9 7,842.6 6,994.8 4,275.6 2,928.1 3,344.1 1,938.1 (1,019.2) 8,441.2 8,707.6 5,456.7 503.5 1,094.4 318.1 3,628.9
Gross Profit 11,899.7 10,930.5 7,006.6 7,132.6 16,652.4 5,233.2 6,173.9 5,796.3 5,778.1 4,310.8 4,197.3 6,526.4 5,662.9 3,784.7 3,252.6 3,119.3 1,773.7 (1,042.3) 2,692.7 8,670.6 5,432.8 503.5 1,094.4 318.1 3,628.9
Operating Income 7,178.3 6,459.5 2,957.7 3,461.8 13,559.4 2,617.5 3,818.0 3,512.9 4,118.1 2,381.6 1,814.7 3,986.7 3,148.6 1,014.9 (135.5) (1,024.6) (2,468.2) (5,608.3) 317.4 604.1 1,230.2 1,464.4 870.3 141.9 1,859.9
Net Income 3,019.2 2,776.5 1,390.9 1,747.6 5,857.4 1,045.4 2,049.7 1,541.8 1,471.4 1,039.0 709.8 1,584.6 1,171.2 218.6 (168.3) (370.0) (715.3) (1,163.0) 1,623.2 2,266.2 1,330.7 1,523.3 941.1 39.4 2,034.8
EPS (Diluted) 3.88 3.62 1.84 2.36 8.13 1.50 3.03 2.26 2.21 1.56 1.04 2.58 1.98 0.41 -0.35 -1.02 -2.48 -4.33 6.24 12.33 7.24 8.28 4.97 0.21 10.75
Balance Sheet
Cash & Equivalents 2,631.2 1,972.1 2,955.9 4,252.0 2,119.7 1,999.5 2,172.4 2,207.8 1,992.5 1,837.3 952.1 503.7 0 0 0 65.0
Total Assets 47,709.0 43,469.9 40,287.5 42,524.2 41,196.4 26,269.3 32,585.5 28,924.7 34,415.9 26,403.3 9,409.0 9,489.1 21,253.9 14,937.4 10,348.8 26,204.1
Total Debt 13,306.2 12,286.7 12,293.9 13,371.0 8,714.2 6,342.3 11,777.8 10,174.1 14,934.3 8,941.7 657.6 387 0 0 0 0
Stockholders' Equity 8,665.5 8,212.3 6,816.8 7,655.9 9,422.9 6,652.0 7,009.8 6,379.2 6,634.5 6,461.0 3,379.1 3,509.2 0 0 0 14,525.3
Cash Flow
Operating Cash Flow 1,860.6 3,481.7 4,056.9 6,336.3 3,986.0 1,935.9 1,963.1 45.7 (2,448.7) (88.6) 2,709.3 0
Capital Expenditure (115.7) (61.4) (224.2) (235.5) (64.3) (111.7) (60.3) (18.4) (24.3) (21.8) (7.4) 0
Free Cash Flow 1,744.9 3,420.3 3,832.7 6,100.8 3,921.7 1,824.3 1,902.8 27.4 (2,473.1) (110.4) 2,701.9 0