Blackstone Past Earnings Performance

Past criteria checks 6/6

Blackstone has been growing earnings at an average annual rate of 6.3%, while the Capital Markets industry saw earnings growing at 10.1% annually. Revenues have been growing at an average rate of 9.8% per year. Blackstone's return on equity is 20.7%, and it has net margins of 21.7%.

Key information

6.3%

Earnings growth rate

4.5%

EPS growth rate

Capital Markets Industry Growth	10.3%
Revenue growth rate	9.8%
Return on equity	20.7%
Net Margin	21.7%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

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
31 Mar 24	9,927	2,152	4,152
31 Dec 23	7,684	1,391	4,022
30 Sep 23	8,244	1,797	4,038
30 Jun 23	6,656	1,247	3,896
31 Mar 23	4,321	617	3,832
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	3,523
31 Mar 22	21,969	5,326	3,259
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
30 Jun 13	5,029	614	3,386

Quality Earnings: BX has high quality earnings.

Growing Profit Margin: BX's current net profit margins (21.7%) are higher than last year (14.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BX's earnings have grown by 6.3% per year over the past 5 years.

Accelerating Growth: BX's earnings growth over the past year (249.1%) exceeds its 5-year average (6.3% per year).

Earnings vs Industry: BX earnings growth over the past year (249.1%) exceeded the Capital Markets industry -1.3%.

Return on Equity

High ROE: BX's Return on Equity (20.7%) is considered high.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Blackstone Past Earnings Performance

Past criteria checks 6/6

Key information

Recent past performance updates

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

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Recent updates

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.

Private Equity Pair Reportedly Keen to Reel in Fisher Funds

Mankind Reportedly Joins Race for Healthium Medtech

GIC Backs Out of Talks with Blackstone to Acquire Stake in Assets

Novo Holdings Reportedly Joins the Race for Healthium Medtech

Getting In Cheap On Blackstone Inc. (NYSE:BX) Might Be Difficult

Blackstone: There Are Better Alternatives

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Brookfield, GIC, Alpha Wave Reportedly Eye Blackstone Company PGP Glass

Board Member notifies of intention to sell stock

Chief Legal Officer recently sold US$6.3m worth of stock

Blackstone Reportedly in Talks to Buy Winthrop

Fourth quarter dividend of US$0.94 announced

Blackstone Announces Thomas R. Nides as Vice Chairman, Strategy and Client Relations

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Blackstone Inc. Declares Quarterly Dividend, to Be Paid on February 12, 2024

Blackstone? I'm Buying The Other One

La Française des Jeux Société anonyme (ENXTPA:FDJ) made an offer to acquire Kindred Group plc (OM:KIND SDB) from the group of shareholders for SEK 28 billion.

Bain, Hellman & Friedman Reportedly Vying to Acquire DocuSign

Blackstone Announces Executive Changes

Blackstone's Winning Formula: Blending Growth With Stability For Investors

Insider recently sold US$705k worth of stock

Blackstone Reportedly Likely to Exit Embassy Office Parks REIT via Block Deal on December 20, 2023

Why I Am Downgrading Blackstone Stock From Buy To Sell

KKR, Ontario Teachers' Pension Plan and Care Hospitals Reportedly Submit Non-Binding Term Sheets to Acquire Stake in the Indian Business of Aster DM Healthcare

Blackstone Reportedly Looking to Sell as Much as 50% Stake in PGP Glass

Invenergy LLC acquired Atlantic Power Transmission LLC from Blackstone Infrastructure Partners, L.P.

Blackstone Inc. (NYSE:BX) acquired Power Grid Components Inc. from Shorehill Capital LLC.

Blackstone Set to Sell India Arc to Former Exec

Blackstone: Short-Term Upside May Be Capped (Rating Downgrade)

Blackstone Inc. (NYSE:BX) entered into a definitive agreement to acquire Civica Group Limited from Princess Private Equity Holding Limited (LSE:PEY), managed by Partners Group Holding AG (SWX:PGHN).

Blackstone Inc. (NYSE:BX) entered into a definitive agreement to acquire Civica Group Limited from Princess Private Equity Holding Limited (LSE:PEY), managed by Partners Group Holding AG (SWX:PGHN).

Blackstone Reportedly Frontrunner in Signature Bank Commercial-Property Loan Sale

Blackstone-Vista Reportedly Bid Sees Off Rivals for Energy Exemplar

Blackstone Inc. (NYSE:BX) and Vista Equity Partners Management, LLC signed a definitive agreement to acquire Energy Exemplar Pty Ltd from The Riverside Company.

Blackstone Reportedly Enters Indian Healthcare Services with Care Hospitals Buy

Brookfield and Antin Reportedly Eye Bids for Germany's Techem

Blackstone Inc. (NYSE : BX) acquired Forest of Arden Country Club.

Navigating The Choppy Waters: Unpacking Blackstone's Q3 Earnings Report

Aster's India Unit Reportedly Draws Suitors Valuing Business At $1.5 Billion

EA Elektro-Automatik Reportedly Attracts Bids Worth Up to USD 2 Billion

Blackstone Stock: 3 Reasons To Sell It Right Now

Adevinta Confirms Acquisition Proposal from Blackstone-Permira Consortium

Blackstone Reportedly Withdraws Plan to Acquire Founders' Stake in Cipla

Blackstone Inc. Integrates Corporate Credit, Asset-Based Finance, and Insurance Groups into A Single New Unit, Blackstone Credit & Insurance

PointPark Properties s.r.o. acquired Camelia portfolio from Blackstone Inc.

LSEG Investors Thomson Reuters, Blackstone to Sell $2.9b Shares in Bourse Operator

Blackstone: S&P 500 Inclusion Deserved, Big Growth Expected In 2024

Torrent Pharmaceutical Leads in the Race to Acquire Cipla

Sir John Antony Hood, a Member of the Board of Directors of Blackstone Inc., Notifies His Intention to Step Down from the Board

Blackstone: Time For A Rating Downgrade

Torrent Reportedly Joins Fray for Hamied Family Stake in Cipla

Three Wall Capital, LLC acquired 3 Broward County hotels from Blackstone Inc. (NYSE:BX) for $64.29 million.

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Revenue & Expenses Breakdown
Beta