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Blackstone Inc. (BX) Stock: Price, Forecast & Analyst Target

Blackstone Inc. (BX) — MoonshotScore 66/100 (Strong band), calculated Oct 6, 2026. Price $113.03 (+1.24%), as of the Oct 6, 2026 trading session; market cap $133B. Expected results Oct 22, 2026.

Educational signal · not a buy or sell recommendation · How to read this

$113.03 +$1.38 (+1.24%) Market Cap $133B

Blackstone Inc. · BX · NYSE · Financial Services · Asset Management

Research dated 2026-09-12: Blackstone is an alternative asset manager spanning private equity, real estate, credit, hedge fund solutions and secondary strategies, not a financial company whose reported revenue simply tracks lending volume or interest spreads. The case depends on whether broad investment activity can keep lifting corporate earnings and cash generation without balance-sheet exposure becoming the dominant risk.

Price as of Oct 6, 2026

Key Statistics

66 of 100

MoonshotScore v2 · Blackstone (BX)

Strong
Business Quality Elite (99)
Financial Safety Fragile (17)
Valuation Fair (68)
Growth Durability Compounding (80)
Momentum Falling (9)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

Elite quality and durable growth, at a cheap price, but a fragile balance sheet, and the price trend has turned against it. Business Quality: Elite; Financial Safety: Fragile; Valuation: Fair; Growth Durability: Compounding; Momentum: Falling.

  • quarterly revenue $4.77B (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 8 of 8
  • expected results Oct 22, 2026

Holding back: balance-sheet strain, weak price trend

Helping: business quality, an attractive price, durable growth

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for BX (31 recorded, newest six shown)
RecordedScoreBand
70Strong
70Strong
67Strong
67Strong
68Strong
66Strong

The score moved from 68 in the stored Oct 5, 2026 snapshot to 66 in the current publication computed Oct 6, 2026 (-2); the largest pillar moves were Momentum -2 and Financial Safety -1.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

As of
MeasureValue
Latest provided price$113.03
Change on the day+1.24%
52-week range$101.73–$170.00
Market capitalisation$133B
Price / earnings (trailing)24.81
Shares traded on the day2.19M
Beta (volatility vs the S&P 500)1.56

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 6, 2026: low $107, high $188, latest $113. $188 $107 high $188 Sep 5, 2025 Oct 6, 2026 · $113 $170Sep 5, 2025$188Sep 19, 2025$168Oct 3, 2025$156Oct 17, 2025$147Oct 31, 2025$141Nov 14, 2025$146Nov 28, 2025$151Dec 12, 2025$155Dec 26, 2025$158Jan 9, 2026$150Jan 23, 2026$130Feb 6, 2026$121Feb 20, 2026$110Mar 6, 2026$110Mar 20, 2026$113Apr 2, 2026$129Apr 17, 2026$126May 1, 2026$118May 15, 2026$117May 29, 2026$123Jun 12, 2026$115Jun 26, 2026$123Jul 10, 2026$130Jul 24, 2026$137Aug 7, 2026$143Aug 21, 2026$136Sep 4, 2026$125Sep 18, 2026$112Oct 2, 2026

Point at or tab to any week for its close.

Council Score · weighted blend of 2 available disciplines

Council score for Blackstone (BX): Bullish Lean

61/100 · B+

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

5-Factor Breakdown

Growth Durability Strong
Momentum Negative
Business Quality Strong
Financial Safety Negative
Valuation Moderate

Legends Council

6 lenses, 6 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Neutral read
Simons-style lens (simulated) Jim Simons Favorable read
Englander-style lens (simulated) Izzy Englander Neutral read
Klarman-style lens (simulated) Seth Klarman Neutral read
Moon AI lens (model) Neutral read

Read on: Oct 6, 2026

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Moderate
Margin of Safety Fairly Valued
Profit Margin Strong
Revenue Growth Strong
Debt/Equity Weak
ROE Strong
Gross Margin Strong

Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 9, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 7, 2026, except a card that shows its own read date.

Watch the BX film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Blackstone (BX), and what does it report?

Short answer · as of

Blackstone assembles and manages alternative investment strategies across buyouts, growth equity, commercial property, real-estate debt, lower-quality corporate credit, hedge fund solutions and secondary funds.

Research dated 2026-09-12.

Blackstone assembles and manages alternative investment strategies across buyouts, growth equity, commercial property, real-estate debt, lower-quality corporate credit, hedge fund solutions and secondary funds. Its clients therefore buy access to investment mandates and deal execution across markets rather than a conventional deposit, insurance or brokerage product.

Sources (as of 2026-09-12): Business description; Revenue by segment

2 · Latest results

What do the latest results show for Blackstone (BX)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $4.77B.

Research dated 2026-09-12.

The latest period brought a sharp sequential rise in revenue, operating profit, net income and diluted earnings. Revenue and profit also stood above the comparable prior period, while operating cash flow accelerated markedly.

Reported earnings have beaten expectations consistently across the available history, although revenue surprises have been less uniform. Management separately expects an unprecedented volume of capacity leasing during the current year; that claim offers a potential operating catalyst, but the financial statements do not yet establish how much of the recent improvement came from that program.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Reported versus estimated, last 8 quarters; Management outlook — dated call excerpts; Most recent periodic reports

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026Not availableNot availableNot availableNot available
Mar 31, 2026Not availableNot availableNot availableNot available
Dec 31, 2025Not availableNot availableNot availableNot available
Sep 30, 2025Not availableNot availableNot availableNot available

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$4.77B$1.23B$1.57 (diluted)
Q1 FY2026$4.10B$650M$0.83 (diluted)
Q4 FY2025$4.36B$1.02B$1.30 (diluted)
Q3 FY2025$2.81B$625M$0.80 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Blackstone (BX)?

Short answer

Cash and short-term investments were $0.00 at the Jun 30, 2026 balance-sheet date. This figure does not establish a cash runway.

Research dated 2026-09-12.

Operating cash flow is substantial but uneven, including a recent period near breakeven followed by a strong rebound. Capital expenditure remains modest beside operating inflows, which supports cash conversion when receipts arrive.

Cash and short-term investments remain well below total debt, leaving Blackstone in a net-debt position on the narrow liquidity measure. The broader balance includes a much larger pool of long-term investments, but those holdings are unclassified and should not be treated as equivalent to cash.

Commercial property, real-estate debt, leveraged companies and below-investment-grade credit create a specific fault line: weaker asset values, borrower stress or impaired exit markets can affect several Blackstone strategies at once. Strong profitability and quality screens provide resilience, but the valuation already assigns a substantial premium to reported earnings, sales and book value.

Sources (as of 2026-09-12): Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Cash against market value; Trailing twelve-month ratio set; Distress and quality screens; Business description

4 · What to check next?

What should you watch next at Blackstone (BX)?

Short answer · as of

The next earnings report is expected on Oct 22, 2026.

Research dated 2026-09-12.

Watch whether the latest revenue, operating-profit and cash-flow acceleration persists rather than reversing with investment activity. The next earnings release also provides a direct test against expectations after a run of earnings beats and uneven revenue surprises.

Capacity leasing deserves a separate check: management has set an unusually ambitious pace, so subsequent commentary should show whether contracted activity is translating into reported economics. Segment mix also matters because private equity currently contributes far more disclosed segment revenue than real estate.

Balance-sheet monitoring should distinguish readily available cash from long-term investments. A rising cash balance, durable operating inflows and stable debt would strengthen financial flexibility; weaker cash conversion alongside heavier debt would do the opposite.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Reported versus estimated, last 8 quarters; Next earnings report; Analyst revenue and earnings estimates (average); Management outlook — dated call excerpts; Revenue by segment; Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions)

What the records here don't tell us

  • No forward revenue or earnings estimate is on file.

Checked against the records this page reads, on the dates shown above.

5 · Peer comparison

How does Blackstone compare with its peers?

Short answer

Blackstone's score ranks tied for 6th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-12.

Blackstone combines private equity, property ownership and lending, corporate credit, hedge fund solutions, secondaries and capital-markets capabilities inside the same platform. That breadth differs from a traditional manager centered on publicly traded securities and from a specialist tied mainly to a narrow alternative strategy.

Breadth also changes the risk map rather than eliminating it. Property conditions, credit stress and transaction markets can affect different strategies through different channels, while the disclosed segment mix shows that private equity and real estate do not contribute equally to reported revenue.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Revenue by segment; Cash, investments and debt; Trailing twelve-month ratio set

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Affiliated Managers Group, Inc. (AMG) Same industry, near in market value$379.72 Oct 6, 2026$10.0B97 5-pillar Oct 6, 2026
Ares Capital Corporation (ARCC) Same industry, near in market value$18.64 Oct 6, 2026$13.4B86 5-pillar Oct 6, 2026
T. Rowe Price Group, Inc. (TROW) Same industry, near in market value$103.60 Oct 6, 2026$22.2B80 5-pillar Oct 6, 2026
Ameriprise Financial, Inc. (AMP) Same industry, near in market value$496.61 Oct 6, 2026$44.2B78 5-pillar Oct 6, 2026
Corebridge Financial, Inc. (CRBG) Same industry, near in market value$35.17 Oct 6, 2026$15.7B70 5-pillar Oct 6, 2026
Blackstone (BX) — this page$113.03$133B66
TPG Inc. (TPG) Same industry, near in market value$44.97 Oct 6, 2026$17.5B66 5-pillar Oct 6, 2026
Brookfield Asset Management (BAM) Named competitor$45.21 Oct 6, 2026$72.2B56 5-pillar Oct 6, 2026
Ares Management Corporation (ARES) Named competitor$117.72 Oct 6, 2026$38.5B56 5-pillar Oct 6, 2026
Athene Holding Ltd. (ATHS) Same industry, near in market value$23.43 Oct 6, 2026$19.0B56 5-pillar Oct 6, 2026
Apollo Global Management, Inc. (APO) Named competitor$115.95 Oct 6, 2026$66.8B55 5-pillar Oct 6, 2026
BlackRock, Inc. (BLK) Same industry, near in market value$1079.42 Oct 6, 2026$167B51 5-pillar Oct 6, 2026
Blue Owl Capital Inc. (OWL) Same industry, near in market value$9.07 Oct 6, 2026$14.1B47 5-pillar Oct 6, 2026

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Financial Services stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$122.00 – $184.00
Consensus target
$143.50
Median target
$137.50

Consensus record · Captured .

Measured against a quoted price of $113.03 (as of Oct 6, 2026).

Insider activity

Form 4 records via FMP · Of the newest 100 records, those within the last 180 days, newest dated Sep 23, 2026

Transactions
23
Identified insiders
7
Purchases
12
Sales
9
Other transactions
2

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

BX Financial Services Stock FAQ

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.

What does Blackstone actually sell through private equity, real estate, credit and hedge fund solutions?

Blackstone sells access to managed investment strategies, transaction execution and portfolio exposure across operating companies, property, debt and customized funds. Its corporate results therefore reflect a broad alternative-investment platform, not merely changes in the quoted prices of public securities.

Sources (as of 2026-09-12): Business description; Revenue by segment

How important is private equity relative to Blackstone real estate revenue?

Private equity contributes materially more than real estate within the disclosed segment revenue. That makes transaction activity and portfolio outcomes in private equity especially important when interpreting the segment mix.

Sources (as of 2026-09-12): Revenue by segment; Business description

Can Blackstone treat its long-term investments like cash against debt?

Cash and short-term investments fall well short of debt, while the much larger investment balance is long term and unclassified. Liquidity analysis should therefore keep cash separate from investments whose convertibility and market sensitivity may differ.

Sources (as of 2026-09-12): Cash, investments and debt; Cash and investment components; Cash against market value; Cash and short-term investments over time (USD millions)

Why does Blackstone capacity leasing matter to the next earnings discussion?

Management expects capacity leasing to run at a record pace. Follow-through matters because subsequent results and commentary can show whether that operational claim is becoming visible in revenue, profit and cash generation.

Sources (as of 2026-09-12): Management outlook — dated call excerpts; Next earnings report; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions)

What is the BX stock price today?

The last price recorded on this page for Blackstone Inc. (BX) is $113.03, as of the Oct 6, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the BX price target?

The analyst consensus price target for Blackstone Inc. (BX) is $143.50 (range $122.00 to $184.00, median $137.50), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

When are BX's next earnings?

The next earnings date listed on this page for Blackstone Inc. (BX) is Oct 22, 2026. Companies sometimes move report dates, so the company's own announcement is the final word on timing.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Annual revenue and net result (USD millions); Operating cash flow by quarter (USD millions); Cash, investments and debt

Sources — records for every figure on this page (26 figures)

The 26 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 1 fact from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
id.hqSEC filing business addressNEW York, NYOFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "345 Park Avenue, New York City, NY, 10154, US". The FMP company description names New York City as the headquarters; this page uses the address in this row.

FMP — 21 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.lastLatest provided price$113.03FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-06T19:04:46.433Z.
px.changeChange on the day+1.24%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalization$133BFMPFinancial Modeling Prep (FMP) quote — Provider market cap uses the share class it prices; a company with more than one class may show a larger total elsewhere. Market cap record date: 2026-10-06. Source capture time was not supplied. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars+$1.38FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q2 FY2026$4.77BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.range5252-week range$101.73–$170.00FMPFinancial Modeling Prep (FMP) quote
px.pePrice / earnings (trailing)24.81FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day2.19MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta1.56FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveStephen Allen SchwarzmanFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees5,285FMPFinancial Modeling Prep (FMP) company profile
fin.annualRevenue and net result by fiscal year4 fiscal years, FY2022 through FY2025: FY2022 revenue $0.00, net result $0.00; FY2023 revenue $0.00, net result $0.00; FY2024 revenue $0.00, net result $0.00; FY2025 revenue $0.00, net result $0.00FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.gross_marginGross margin (trailing twelve months)100.0%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. The market-value ratio is undefined when the reported amount is zero.
fin.total_debtTotal debt$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value9.91×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
earn.pt_rangeAnalyst price target, low to high$122.00 – $184.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$143.50FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$137.50FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP23 transactions · 12 purchases, 9 sales, 2 other transactions · 7 identified insiders · of the newest 100 records, those within the last 180 days, newest dated Sep 23, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

UNRECORDED — 2 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateOct 22, 2026UNRECORDEDStored earnings-calendar observation — Captured 2026-07-26
earn.historyReported versus estimated, recent quartersEPS beat 8 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-05

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v266 of 100 · Strong · pillars 99 / 17 / 68 / 80 / 9OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement68 (stored snapshot Oct 5, 2026) → 66 (current publication computed Oct 6, 2026) (-2)OURSStock Expert AI current score publication and immutable score snapshots
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
Blackstone Inc. operates as a prominent alternative asset manager, specializing in a broad spectrum of investment strategies. Its expertise encompasses real estate, private equity, credit solutions, comprehensive hedge fund offerings, public debt and equity, multi-asset class approaches, and secondary funds of funds. While often backing nascent businesses, the firm also extends its services to capital markets. Its real estate division targets diverse opportunities: high-potential opportunistic ventures, core-plus assets, and stable, income-generating commercial properties. Additionally, it engages in debt investments secured by commercial real estate. These activities span North America, Europe, and Asia. Blackstone's global private equity arm executes varied transactions, including substantial buyouts, mid-market acquisitions, special situations, and distressed mortgage loans. They also manage "buy and build" platforms, which involve consolidating multiple acquisitions under a single management team, alongside growth equity and development projects, often taking significant majority stakes or minority positions in operating companies. The scope of its investments covers sectors like shipping, real estate, corporate and consumer debt, and greenfield alternative energy projects in energy, power, and property development. The firm actively seeks opportunities in dislocated markets, shipping, financial institution breakups, reinsurance, and initiatives aimed at improving freight mobility. Key industry focuses further include financial services, healthcare, life sciences, enterprise technology, and consumer goods, including consumer tech. Beyond these, it actively explores investment prospects across Asia and Latin America, typically maintaining a three-year investment period for its ventures. The hedge fund business provides a broad range of commingled and customized fund solutions. Concurrently, its credit division concentrates on loans and securities issued by non-investment grade entities. These span the entire capital structure, encompassing senior debt, subordinated debt, preferred stock, and common equity. Established in 1985, Blackstone Inc. is headquartered in New York City, with a significant global presence through additional offices throughout Asia, Europe, and North America.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Sector / industry (provider taxonomy)
Financial Services / Asset Management

The company's SEC filings classify it under SIC 6282 — Investment Advice.

2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $0, Revenue: $13.83B, Period end: 2025-12-31, Net result: $3.02B
  • FY2024 — R&D: $0, Revenue: $11.37B, Period end: 2024-12-31, Net result: $2.78B
  • FY2023 — R&D: $0, Revenue: $7.44B, Period end: 2023-12-31, Net result: $1.39B
  • FY2022 — R&D: $0, Revenue: $7.45B, Period end: 2022-12-31, Net result: $1.75B
  • FY2021 — R&D: $0, Revenue: $16.85B, Period end: 2021-12-31, Net result: $5.86B
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: -$31.96M, Operating cash flow: $1.94B
  • Quarter ended 2026-03-31 — Capital expenditure: -$33.41M, Operating cash flow: $991.05M
  • Quarter ended 2025-12-31 — Capital expenditure: -$22.35M, Operating cash flow: -$3.14M
  • Quarter ended 2025-09-30 — Capital expenditure: -$23.93M, Operating cash flow: $1.60B
  • Quarter ended 2025-06-30 — Capital expenditure: -$40.15M, Operating cash flow: $888.50M
  • Quarter ended 2025-03-31 — Capital expenditure: -$29.28M, Operating cash flow: $1.11B
  • Quarter ended 2024-12-31 — Capital expenditure: -$11.89M, Operating cash flow: $161.41M
  • Quarter ended 2024-09-30 — Capital expenditure: -$19.39M, Operating cash flow: $1.22B
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Cash, investments and debt
Total debt: $14.03B; Liquidity basis: cash and short-term investments; Total liabilities: $27.46B; Cash and short-term investments: $2.51B; Cash and investments: $37.24B; Long-term investments: $34.74B; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Revenue by segment
Real Estate Segment: $489.65M; Private Equity Segment: $1.67B
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: $1.57 per share, R&D: $0, SG&A: $1.37B, EPS basic: $1.57 per share, EPS basis: diluted, Revenue: $4.77B, EPS diluted: $1.57 per share, Net result: $1.23B, Gross profit: $4.71B, Operating result: $2.95B
  • Quarter ended 2026-03-31 — EPS: $0.83 per share, R&D: $0, SG&A: $0, EPS basic: $0.83 per share, EPS basis: diluted, Revenue: $4.10B, EPS diluted: $0.83 per share, Net result: $649.73M, Gross profit: $4.04B, Operating result: $1.59B
  • Quarter ended 2025-12-31 — EPS: $1.3 per share, R&D: $0, SG&A: $447.78M, EPS basic: $1.3 per share, EPS basis: diluted, Revenue: $4.36B, EPS diluted: $1.3 per share, Net result: $1.02B, Gross profit: $2.81B, Operating result: $2.36B
  • Quarter ended 2025-09-30 — EPS: $0.8 per share, R&D: $0, SG&A: $393.64M, EPS basic: $0.8 per share, EPS basis: diluted, Revenue: $2.81B, EPS diluted: $0.8 per share, Net result: $624.92M, Gross profit: $2.69B, Operating result: $1.45B
  • Quarter ended 2025-06-30 — EPS: $0.98 per share, R&D: $0, SG&A: $360.82M, EPS basic: $0.98 per share, EPS basis: diluted, Revenue: $3.71B, EPS diluted: $0.98 per share, Net result: $764.24M, Gross profit: $3.58B, Operating result: $1.92B
  • Quarter ended 2025-03-31 — EPS: $0.8 per share, R&D: $0, SG&A: $344.48M, EPS basic: $0.8 per share, EPS basis: diluted, Revenue: $2.94B, EPS diluted: $0.8 per share, Net result: $614.85M, Gross profit: $2.83B, Operating result: $1.45B
  • Quarter ended 2024-12-31 — EPS: $0.92 per share, R&D: $0, SG&A: $345.38M, EPS basic: $0.92 per share, EPS basis: diluted, Revenue: $2.82B, EPS diluted: $0.92 per share, Net result: $703.87M, Gross profit: $2.70B, Operating result: $1.56B
  • Quarter ended 2024-09-30 — EPS: $1.02 per share, R&D: $0, SG&A: $344.42M, EPS basic: $1.02 per share, EPS basis: diluted, Revenue: $3.00B, EPS diluted: $1.02 per share, Net result: $780.84M, Gross profit: $2.89B, Operating result: $1.81B
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-07-23 — EPS actual: $1.52 per share, EPS estimated: $1.34 per share, Revenue actual: $3.80B, Revenue estimated: $3.42B
  • Reported 2026-04-23 — EPS actual: $1.36 per share, EPS estimated: $1.34 per share, Revenue actual: $3.43B, Revenue estimated: $3.41B
  • Reported 2026-01-29 — EPS actual: $1.75 per share, EPS estimated: $1.54 per share, Revenue actual: $3.94B, Revenue estimated: $3.68B
  • Reported 2025-10-23 — EPS actual: $1.52 per share, EPS estimated: $1.23 per share, Revenue actual: $2.81B, Revenue estimated: $3.11B
  • Reported 2025-07-24 — EPS actual: $1.21 per share, EPS estimated: $1.1 per share, Revenue actual: $3.71B, Revenue estimated: $2.79B
  • Reported 2025-04-17 — EPS actual: $1.09 per share, EPS estimated: $1.05 per share, Revenue actual: $2.94B, Revenue estimated: $2.75B
  • Reported 2025-01-30 — EPS actual: $1.69 per share, EPS estimated: $1.48 per share, Revenue actual: $2.81B, Revenue estimated: $3.79B
  • Reported 2024-10-17 — EPS actual: $1.01 per share, EPS estimated: $0.92 per share, Revenue actual: $3.65B, Revenue estimated: $2.41B
2026-07-23FMPFinancial Modeling Prep (FMP) earnings
Management outlook — dated call excerpts
Captured record · 1 entry
  • Call of 2026-07-23 — Quote: We expect to lease over 3x more capacity this year than any other year in our history., Speaker: Stephen Allen Schwarzman

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-07-23OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Most recent periodic reports2026-08-07OFFICIALSEC EDGAR filer submissions
Cash and investment components
Total basis: cash short and long-term investments; Total: $37.24B; Cash and short-term investments: $2.51B; Long-term investments: $34.74B; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-30COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $2.51B, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $2.45B, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $2.63B, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $2.43B, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $2.24B, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $2.39B, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $1.97B, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $2.35B, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Cash against market value
As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: -$11.52B; Total debt: $14.03B; Cash and investments: $2.51B

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-30COMPUTEDComputed from the balance sheet and the latest market capitalization
Trailing twelve-month ratio set
Quick ratio: 0.92; Current ratio: 0.92; Debt to equity: 1.56; Net margin: 21.9%; Gross margin: 88.8%; Operating margin: 52.1%; Return on assets: 7.1%; Return on equity: 40.9%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-12FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Distress and quality screens
Altman Z-score: 4.18; Piotroski F-score: 7

Altman Z below 1.8 is the conventional distress zone. For a company holding large cash against negative retained earnings the score mostly reflects the retained-earnings term.

2026-09-12FMPFinancial Modeling Prep (FMP) financial scores
Next earnings report
Date: 2026-10-22; EPS estimate: $1.36 per share; Revenue estimate: $3.45B

The date is our provider's estimate until the company confirms it.

2026-09-12FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2026 — EPS average: $5.94 per share, Revenue average: $14.48B, Revenue low: $14.13B, Revenue high: $14.78B, Analysts (revenue): 5
  • FY2027 — EPS average: $7.43 per share, Revenue average: $18.16B, Revenue low: $16.94B, Revenue high: $20.32B, Analysts (revenue): 6
  • FY2028 — EPS average: $8.25 per share, Revenue average: $19.00B, Revenue low: $18.77B, Revenue high: $19.23B, Analysts (revenue): 2
  • FY2029 — EPS average: $9.13 per share, Revenue average: $16.29B, Revenue low: $15.72B, Revenue high: $16.88B, Analysts (revenue): 1
2026-09-12FMPFinancial Modeling Prep (FMP) analyst estimates
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.