Blackstone Past Earnings Performance

Past criteria checks 5/6

Blackstone has been growing earnings at an average annual rate of 3.7%, while the Capital Markets industry saw earnings growing at 8.1% annually. Revenues have been growing at an average rate of 7.8% per year. Blackstone's return on equity is 19.1%, and it has net margins of 20.2%.

Key information

3.7%

Earnings growth rate

2.2%

EPS growth rate

Capital Markets Industry Growth	10.3%
Revenue growth rate	7.8%
Return on equity	19.1%
Net Margin	20.2%
Next Earnings Update	17 Oct 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Blackstone makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:BX Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	9,857	1,996	4,776
31 Mar 24	9,927	2,152	4,619
31 Dec 23	7,684	1,391	4,022
30 Sep 23	8,244	1,797	4,408
30 Jun 23	6,655	1,247	3,340
31 Mar 23	4,321	617	2,648
31 Dec 22	8,016	1,748	3,693
30 Sep 22	11,824	2,588	3,644
30 Jun 22	17,154	3,988	4,449
31 Mar 22	21,969	5,326	4,490
31 Dec 21	22,176	5,857	3,090
30 Sep 21	20,247	5,208	2,877
30 Jun 21	17,325	4,601	2,756
31 Mar 21	14,638	3,860	2,672
31 Dec 20	6,189	1,045	2,580
30 Sep 20	4,499	780	2,544
30 Jun 20	2,902	764	2,548
31 Mar 20	1,830	502	2,536
31 Dec 19	7,059	2,050	2,517
30 Sep 19	5,482	1,556	2,409
30 Jun 19	5,779	1,219	2,361
31 Mar 19	6,911	1,655	2,333
31 Dec 18	5,997	1,542	2,283
30 Sep 18	8,094	1,857	2,288
30 Jun 18	7,902	1,792	2,204
31 Mar 18	6,804	1,387	2,150
31 Dec 17	6,948	1,471	2,064
30 Sep 17	6,591	1,535	1,998
30 Jun 17	6,292	1,470	1,960
31 Mar 17	5,953	1,331	1,919
31 Dec 16	4,994	1,039	1,929
30 Sep 16	4,303	872	1,881
30 Jun 16	2,884	305	1,982
31 Mar 16	2,916	240	2,149
31 Dec 15	4,502	710	2,382
30 Sep 15	5,629	1,060	2,457
30 Jun 15	7,302	1,566	2,550
31 Mar 15	8,342	1,948	2,530
31 Dec 14	7,363	1,585	2,449
30 Sep 14	8,060	1,654	1,821
30 Jun 14	7,602	1,575	1,918
31 Mar 14	6,788	1,269	2,163
31 Dec 13	6,505	1,171	2,346
30 Sep 13	5,015	656	3,314

Quality Earnings: BX has high quality earnings.

Growing Profit Margin: BX's current net profit margins (20.2%) are higher than last year (18.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BX's earnings have grown by 3.7% per year over the past 5 years.

Accelerating Growth: BX's earnings growth over the past year (60%) exceeds its 5-year average (3.7% per year).

Earnings vs Industry: BX earnings growth over the past year (60%) exceeded the Capital Markets industry 16.1%.

Blackstone Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Second quarter 2024 earnings: EPS misses analyst expectations

First quarter 2024 earnings: EPS in line with expectations, revenues disappoint

First quarter 2024 earnings released: EPS: US$1.12 (vs US$0.12 in 1Q 2023)

Recent updates

Bidding for Haldiram’s Grinds to A Halt as PEs, Owners Differ over Valuations

Multiple Reportedly Line-Up for Singapore Post's Aussie Assets

Investors Interested In Blackstone Inc.'s (NYSE:BX) Earnings

A consortium of buyers entered into a definitive agreement to acquire 88% stake in AirTrunk Operating Pty Ltd from Public Sector Pension Investment Board and Macquarie Asset Management Inc. for an enterprise value of AUD 24 billion.

Blackstone to Buy Australia's AirTrunk in $16 Billion Deal

Blackstone Reportedly Nears $13.5 Billion Deal to Buy AirTrunk

Blackstone, GIC Reportedly Among 10 Bidders in Fray for LOGOS India's Three Assets

Blackstone: Key Multiples Keep Expanding (Rating Downgrade)

Lendlease Global Commercial REIT (SGX:JYEU) and Warburg Pincus LLC acquired Portfolio of Industrial Assets in Singapore from Blackstone Inc. (NYSE:BX) and Soilbuild Group chairman Lim Chap Huat.

Lendlease Global Commercial REIT (SGX:JYEU) and Warburg Pincus LLC acquired Portfolio of Industrial Assets in Singapore from Blackstone Inc. (NYSE:BX) and Lim Chap Huat.

Blackstone: Aggressive Deployment Boosts Outlook For Earnings (Rating Upgrade)

Waiting Game for Blackstone with Low-Ball Offer for Iress Up in Air

Universities Superannuation Scheme Limited acquired Sage Housing Limited from an undisclosed funds managed by Blackstone Inc. (NYSE:BX), and Regis Group (Holdings) Limited for approximately £410 million.

Chief Legal Officer recently sold US$4.6m worth of stock

Chief Legal Officer notifies of intention to sell stock

Blackstone Inc. (NYSE:BX) agreed to acquire an unknown majority stake in Westwood Professional Services, Inc. from Endurance Partners.

Insider recently sold US$1.3m worth of stock

Blackstone Reportedly in Talks with the Promoters of Aster DM Healthcare to Merge Quality Care India with Aster

Canadians Reportedly Set to Join Blackstone's Data Centre Hunt

Blackstone Inc. (NYSE:BX) completed the acquisition of additional 33.1% stake in Infocom Corporation (TSE:4348) for ¥110 billion in a tender offer transaction.

Blackstone Reportedly Makes Move for INR 400,000 Million Entry into Indian Snacks Market, to Acquire 51% Stake in Haldiram's

Playing Real-Life Monopoly With Blackstone

Second quarter dividend of US$0.82 announced

Second quarter 2024 earnings: EPS misses analyst expectations

Blackstone Inc. Declares Quarterly Dividend, Payable on August 5, 2024

Blackstone Inc. (NYSE:BX) agreed to acquire Trystar, LLC.

Blackstone Infrastructure Partners, L.P., managed by Blackstone Inc. (NYSE:BX) has reached an agreement to acquire an additional 30.2% stake in Tallgrass Energy, LP from Enagás, S.A. (BME:ENG) for $1.1 billion.

Blackstone Infrastructure Partners, L.P., managed by Blackstone Inc. (NYSE:BX) has reached an agreement to acquire an additional 30.2% stake in Tallgrass Energy, LP from Enagás, S.A. (BME:ENG) for $1.1 billion.

Blackstone Infrastructure Partners, L.P., managed by Blackstone Inc. (NYSE:BX) has reached an agreement to acquire an additional 30.2% stake in Tallgrass Energy, LP from Enagás, S.A. (BME:ENG) for $1.1 billion.

Board Member notifies of intention to sell stock

Loscam Suitor Reportedly Drops Out of Race

Blackstone: Lots Of Dry Powder, But Shares Near Fair Value Ahead Of Earnings

MBK Partners agreed to acquire Alinamin Pharmaceutical Co., Ltd. from Blackstone Inc. (NYSE:BX).

Blackstone Inc. (NYSE:BX) entered into the Basic Transaction Agreement to acquire 41.98% stake in Infocom Corporation (TSE:4348) for ¥140 billion in a tender offer transaction.

Blackstone Is Unlikely To Outperform Over The Next Decade

Blackstone Inc. (NYSE:BX) completed the acquisition of Tropical Smoothie Cafe, LLC from Levine Leichtman Capital Partners VI, L.P. managed by Levine Leichtman Capital Partners, LLC.

Blackstone Inc. (NYSE:BX), GIC Private Limited and Abu Dhabi Investment Authority entered into a definitive agreement to acquire 40% stake in Copeland LP from Emerson Electric Co. (NYSE:EMR) for $3.4 billion.

Blackstone Sweetens Hipgnosis Offer to USD 1.58 Billion

Blackstone Is Considering Sale of Alinamin Pharmaceutical

Advent International Receives 6-7 Bids for Bharat Serums

Blackstone: On The Verge Of An Upside Breakout (Rating Upgrade)

Blackstone Inc. (NYSE:BX) agreed to acquire an unknown majority stake in Priority Software Ltd. from Fortissimo Capital Management Ltd. and TA Associates Management, L.P.

Morgan Stanley to Buy Property Debt from Blackstone Venture

Blackstone Reportedly Teams Up with GIC, ADIA for Haldiram Snacks Bid

Blackstone: Rock-Solid Fundamentals Attractively Valued

Blackstone Reportedly in Race for Majority Pie in Omega Healthcare

Blackstone, Temasek, Bain Reportedly Eye a Big Bite of Haldiram Snacks

Blackstone Appoints Philip Sherrill as Global Head of Insurance

First quarter 2024 earnings: EPS in line with expectations, revenues disappoint

Blackstone Raises Hipgnosis Bid to £1.26 Billion in Takeover Battle

Blackstone Inc. Announces Executive Appointments

Blackstone Inc. (NYSE:BX) entered into a definitive agreement to acquire Tropical Smoothie Cafe, LLC from Levine Leichtman Capital Partners VI, L.P. managed by Levine Leichtman Capital Partners, LLC.

Blackstone Inc. (NYSE:BX) entered into a definitive agreement to acquire Tropical Smoothie Cafe, LLC from Levine Leichtman Capital Partners VI, L.P. managed by Levine Leichtman Capital Partners, LLC.

MBK Partners acquired 71.25% stake in Geo-Young Co., Ltd. from Blackstone Inc. (NYSE:BX).

First quarter dividend of US$0.83 announced

Blackstone Inc. Declares Quarterly Dividend, Payable on May 6, 2024

First quarter 2024 earnings released: EPS: US$1.12 (vs US$0.12 in 1Q 2023)

Blackstone Buys Apartment Income REIT: Value Investors Rejoice

Blackstone, CVC Reportedly Consider Bids for Superstruct Entertainment

Blackstone: Sword Fights Within

Steve Singh along with Durable Capital Partners, LP, Madrona Venture Group, LLC, Top Tier Capital Partners, LLC and Blackstone Inc. (NYSE:BX) acquired Direct Travel, Inc.

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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