Blackstone Inc.

TSX:BX Stock Report

Market Cap: CA$221.3b

Blackstone Past Earnings Performance

Past criteria checks 4/6

Blackstone's earnings have been declining at an average annual rate of -12%, while the Capital Markets industry saw earnings growing at 18.6% annually. Revenues have been declining at an average rate of 6.9% per year. Blackstone's return on equity is 30.4%, and it has net margins of 22.7%.

Key information

-12.01%

Earnings growth rate

-14.26%

EPS growth rate

Capital Markets Industry Growth12.07%
Revenue growth rate-6.86%
Return on equity30.43%
Net Margin22.73%
Last Earnings Update30 Jun 2026

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

TSX:BX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2615,4833,5197,9770
31 Mar 2614,3973,0547,5430
31 Dec 2514,2133,0197,1940
30 Sep 2512,7912,7086,5820
30 Jun 2513,5062,8646,7420
31 Mar 2512,3732,5446,4700
31 Dec 2412,6632,7776,3760
30 Sep 2411,1382,2245,8240
30 Jun 249,8571,9965,3030
31 Mar 249,9272,1525,1470
31 Dec 237,6841,3914,5490
30 Sep 238,2441,7974,6870
30 Jun 236,6551,2474,3030
31 Mar 234,3216173,6100
31 Dec 228,0161,7484,6560
30 Sep 2211,8242,5884,5740
30 Jun 2217,1543,9884,4490
31 Mar 2221,9695,3264,4900
31 Dec 2122,1765,8579,2780
30 Sep 2120,2475,2082,8770
30 Jun 2117,3254,6012,7560
31 Mar 2114,6383,8602,6720
31 Dec 206,1891,0452,5800
30 Sep 204,4997802,5440
30 Jun 202,9027642,5480
31 Mar 201,8305022,5360
31 Dec 197,0592,0502,5170
30 Sep 195,4821,5562,4090
30 Jun 195,7791,2192,3610
31 Mar 196,9111,6552,3330
31 Dec 185,9971,5422,2830
30 Sep 188,0941,8572,2880
30 Jun 187,9021,7922,2040
31 Mar 186,8041,3872,1500
31 Dec 176,9481,4712,0640
30 Sep 176,5911,5351,9980
30 Jun 176,2921,4701,9600
31 Mar 175,9531,3311,9190
31 Dec 164,9941,0391,9290
30 Sep 164,3038721,8810
30 Jun 162,8843051,9820
31 Mar 162,9162402,1490
31 Dec 154,5027102,3820
30 Sep 155,6291,0602,4570

Quality Earnings: BX has high quality earnings.

Growing Profit Margin: BX's current net profit margins (22.7%) are higher than last year (21.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BX's earnings have declined by 12% per year over the past 5 years.

Accelerating Growth: BX's earnings growth over the past year (22.9%) exceeds its 5-year average (-12% per year).

Earnings vs Industry: BX earnings growth over the past year (22.9%) did not outperform the Capital Markets industry 42.9%.

Return on Equity

High ROE: BX's Return on Equity (30.4%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/22 22:25
End of Day Share Price 2026/09/22 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Blackstone Inc. is covered by 40 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
Roger FreemanBarclays
"Benjamin BudishBarclays