| Market cap | $59.19B |
|---|---|
| Enterprise value | $96.94B |
| Revenue | $10.329B |
|---|---|
| EBITDA | $5.051B |
| Income | $2.152B |
| Revenue Q/Q | 166.88% |
| Revenue Y/Y | 116.39% |
| P/E | 42.52 |
|---|---|
| Forward P/E | 19.91 |
| EV/Sales | 9.39 |
| EV/EBITDA | 19.19 |
| EV/EBIT | 29.04 |
| PEG | 1.27 |
| Price/Sales | 5.73 |
| P/FCF | 13.24 |
| Price/Book | 8.68 |
| Book/Share | 13.91 |
| Cash/Share | 3.50 |
| FCF yield | 7.55% |
| Volume | 2.145M / N/A |
|---|---|
| Relative vol. | N/A |
| EPS | 2.84 |
|---|---|
| EPS Q/Q | -17.19% |
| Est. EPS Q/Q | -40.35% |
| Profit margin | 17.34% |
|---|---|
| Oper. margin | 50.17% |
| Gross margin | 58.71% |
| EBIT margin | 32.31% |
| EBITDA margin | 48.90% |
| Ret. on assets | 5.27% |
|---|---|
| Ret. on equity | 30.61% |
| ROIC | 7.85% |
| ROCE | 8.41% |
| Debt/Equity | 3.26 |
|---|---|
| Net debt/EBITDA | 7.50 |
| Current ratio | 1.02 |
| Quick ratio | 1.00 |
| Volatility | 2.18% |
|---|---|
| Beta | 1.67 |
| RSI | 44.23 |
|---|
| Insider ownership | 0.78% |
|---|---|
| Inst. ownership | 64.63% |
| Shares outst. | 714.646M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 2.53% |
| Short ratio | 3.75 |
| Dividend | $3.36 |
|---|---|
| Dividend yield | 2.74% |
| Payout ratio | 118.31% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 18 Jul 2024 |
Friday, 28 June 2024
|
|
| Blackstone’s Zawadzki Sees Private Credit as $25 Trillion Market | |
Thursday, 20 June 2024
|
|
| At Blackstone's $339 Billion Property Arm, the Honeymoon Is Over | |
Tuesday, 18 June 2024
|
|
| Bidding War for Mexican Industrial Real Estate Fund Heats Up | |
Monday, 17 June 2024
|
|
| Japan e-comics platform Infocom says yet to decide on Blackstone takeover offer | |
Thursday, 13 June 2024
|
|
| Coatue’s Weiner Gets Billions From Millennium for Hedge Fund | |
Monday, 10 June 2024
|
|
| Blackstone Completes Acquisition of Tropical Smoothie Cafe | |
Tuesday, 4 June 2024
|
|
| Trump combines small donors and billionaires for a record fundraising haul in May | |
Monday, 3 June 2024
|
|
| Blackstone Is Considering the Sale of Alinamin Pharmaceutical, Sources Say | |
| Blackstone set to sweeten Hipgnosis offer as part of revised bid, FT reports | |
Thursday, 30 May 2024
|
|
| Prominent billionaires from Wall Street to Silicon Valley are warming up to Donald Trump | |
| US Banks Have a Commercial Property Blind Spot Risk, Study Warns | |
Tuesday, 21 May 2024
|
|
| Blackstone to Expand Equity Ownership to Workers in Future Deals | |
Wednesday, 15 May 2024
|
|
| Morgan Stanley Obtains $700M Property Loan From Blackstone Venture | |
| Is Blackstone Inc the Best Financial Dividend Stock Insiders are Buying in 2024? | |
Tuesday, 14 May 2024
|
|
| Blackstone, Goldman Undercut Rivals in $900 Million Private Loan | |
| Blackstone-led consortium eyes snacks business of India's Haldiram's, sources say | |
Monday, 13 May 2024
|
|
| Private Credit Trio Provides $2.7 Billion Squarespace Financing | |
Thursday, 9 May 2024
|
|
| Sony Plans Bid Versus Blackstone, KKR for $1.3 Billion Manga App | |
| Blackstone set for Hipgnosis victory after rival suitor refuses to increase bid | |
| UPDATE 1-Blackstone likely winner for Hipgnosis Songs as Concord maintains lower bid | |
Wednesday, 8 May 2024
|
|
| Blackstone’s Gray Sees Growth Slowing as Fed Battles Inflation | |
Thursday, 2 May 2024
|
|
| Diameter and Blackstone Set Brisk Pace in Private Credit | |
Monday, 29 April 2024
|
|
| Blackstone in Talks to Buy Dulwich Schools in Singapore, Seoul | |
| KKR in Talks With Private Credit Funds to Finance Perpetual Bid | |
| Blackstone raises Hipgnosis bid to £1.26bn in takeover battle | |
Sunday, 28 April 2024
|
|
| Blackstone to make improved bid for Hipgnosis, Sky News reports | |
Saturday, 27 April 2024
|
|
| Telecom Tycoons Feel Pain From Rising Mobile Woes | |
Wednesday, 24 April 2024
|
|
| Blackstone Credit and Insurance appoints Dan Leiter as Head of International | |
| Blackstone Hires Morgan Stanley’s Leiter for Senior Credit Role | |
| Blackstone to Acquire Tropical Smoothie Cafe to Propel Leading Franchisor’s Continued Expansion | |
| Blackstone to buy restaurant chain Tropical Smoothie in $2 billion deal, source says | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Joseph Baratta Director | Sale 3 Jul 2024 | $14,323,104 |
| Ruth Porat Director | Buy 6 May 2024 | $33,121 |
| Reginald J Brown Director | Buy 21 Feb 2024 | $301,512 |
| Ruth Porat Director | Buy 12 Feb 2024 | $37,239 |
| Joseph Baratta Director | Sale 9 Feb 2024 | $3,694,499 |
| John G Finley Chief Legal Officer | Sale 8 Feb 2024 | $6,268,570 |
| David Payne Chief Accounting Officer | Sale 21 Dec 2023 | $705,155 |
| Ruth Porat Director | Buy 6 Nov 2023 | $31,442 |
| John G Finley Chief Legal Officer | Sale 30 Oct 2023 | $2,762,461 |
| Joseph Baratta Director | Sale 2 Oct 2023 | $8,002,316 |
| Reginald J Brown Director | Buy 21 Sep 2023 | $204,904 |
Powered by
Robintrack.
Price target
Current $120.77
Average $62.40
Low $51
High $68
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | -32.79% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 2.74% | Growth period | N/A |
| Last dividend date | Yield 3 years | 3.98% | Growth 3 years | +20.24% | |
| Last dividend | Yield 5 years | 3.53% | Growth 5 years | -1.93% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Jonathan Gray (50) President, Chief Operating Officer, and Director of the General Partner since 2018 | 50 | 2018 | $98,994,200 |
| Stephen Allen Schwarzman B.A., M.B.A. (74) Chairman, CEO, and Co-Founder | 74 | $86,380,331 | |
| Jonathan D. Gray (52) Gen. Partner, Pres, COO, and Director | 52 | $86,366,606 | |
| Stephen Schwarzman (73) Chairman of the Board, Chief Executive Officer, and Founder since 2007 | 73 | 2007 | $57,074,000 |
| Hamilton James (69) Executive Vice Chairman of the Board since 2018 | 69 | 2018 | $55,962,700 |
| Michael S. Chae J.D. (53) Chief Financial Officer | 53 | $15,825,066 | |
| Michael Chae (51) Chief Financial Officer of the General Partner since 2015 | 51 | 2015 | $15,580,400 |
| John Finley (63) Chief Legal Officer of the General Partner since 2010 | 63 | 2010 | $9,990,230 |
| John Gary Finley (64) Chief Legal Officer | 64 | $6,429,031 | |
| Jay Light (78) Independent Director of the General Partner since 2008 | 78 | 2008 | $409,022 |
| William Parrett (74) Independent Director of the General Partner since 2007 | 74 | 2007 | $399,930 |
| Rochelle Lazarus (72) Independent Director of the General Partner since 2013 | 72 | 2013 | $362,182 |
| John Hood (68) Independent Director of the General Partner since 2018 | 68 | 2018 | $361,524 |
| James Breyer (59) Independent Director of the General Partner since 2016 | 59 | 2016 | $360,035 |
| Brian Mulroney (81) Independent Director of the General Partner since 2007 | 81 | 2007 | $359,481 |
| Kelly Ayotte (51) Independent Director since 2019 | 51 | 2019 | $303,968 |
| Jay O. Light Ph.D. (79) Gen. Partner and Independent Director | 79 | $200,000 | |
| Joseph Patrick Baratta (50) Global Head of Private Equity and Director | 50 | ||
| Ruth Porat (62) Director since 2020 | 62 | 2020 | |
| Reginald Brown | 2020 | ||
| Joseph Baratta (46) Global Head of Private Equity and Director of the Company since 2020 | 46 | 2020 | |
| Gilles Dellaert | 2020 | ||
| Ann Chung | 2020 | ||
| Christine Feng | 2020 | ||
| Christopher Striano (43) Principal Accounting Officer of the General Partner since 2018 | 43 | 2018 | |
| John Stecher | 2020 | ||
| Michael B. Nash (60) Sr. MD of Real Estate, Co-Founder, and Chairman of Blackstone Real Estate Debt Strategies | 60 | ||
| Prakash Arjandas Melwani (63) Sr. MD and Chief Investment Officer of Private Equity - New York | 63 | ||
| Robert G. Harper IV (42) Sr. MD and Head of U.S. Asset Management of Real Estate - New York | 42 | ||
| Robert Christopher Heady | |||
| Anthony Myers (61) Sr. MD of Real Estate and Chairman of Real Estate Europe | 61 | ||
| William J. Stein (59) Sr. Managing Director of Real Estate- New York | 59 |
blackstone is the world’s largest alternative asset manager. we seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. we do this by using extraordinary people and flexible capital to help companies solve problems. our $731 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. further information is available at www.blackstone.com. follow blackstone on twitter @blackstone.
- Finance > Asset Management & Custody Banks
- Blackstone Inc, 345 Park Avenue, New York 10154, United States
- 212 583 5000
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | -32.79% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 2.74% | Growth period | N/A |
| Last dividend date | Yield 3 years | 3.98% | Growth 3 years | +20.24% | |
| Last dividend | Yield 5 years | 3.53% | Growth 5 years | -1.93% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $2,672.182 | $3,272.063 | |||
| Short term investments | |||||
| Net receivables | $4,894.526 | $4,659.886 | |||
| Inventory | |||||
| Total current assets | |||||
| Long term investments | |||||
| Property, plant & equipment | $805.454 | $841.307 | |||
| Goodwill & intangible assets | $2,082.429 | $2,091.41 | |||
| Total noncurrent assets | |||||
| Total investments | $25,922.29 | $26,146.622 | |||
| Total assets | $39,706.302 | $40,287.53 | |||
| Current liabilities | |||||
| Accounts payable | $4,158.837 | $4,670.668 | |||
| Deferred revenue | |||||
| Short long term debt | |||||
| Total current liabilities | |||||
| Long term debt | |||||
| Total noncurrent liabilities | |||||
| Total debt | $11,691.819 | $12,293.882 | |||
| Total liabilities | $21,228.868 | $22,212.316 | |||
| Stockholders' equity | |||||
| Retained earnings | $796.201 | $660.734 | |||
| Other stockholder equity | -$31.282 | -$19.133 | |||
| Total stockholder equity | $6,955.068 | $6,816.798 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $3,272.063 | $4,493.715 | ||
| Short term investments | ||||
| Net receivables | $4,659.886 | $4,609.611 | ||
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $841.307 | $896.981 | ||
| Goodwill & intangible assets | $2,091.41 | $2,107.489 | ||
| Total noncurrent assets | ||||
| Total investments | $26,146.622 | $27,553.251 | ||
| Total assets | $40,287.53 | $42,524.227 | ||
| Current liabilities | ||||
| Accounts payable | $4,670.668 | $3,276.552 | ||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | ||||
| Long term debt | ||||
| Total noncurrent liabilities | ||||
| Total debt | $12,293.882 | $13,464.807 | ||
| Total liabilities | $22,212.316 | $22,843.16 | ||
| Stockholders' equity | ||||
| Retained earnings | $660.734 | $1,748.106 | ||
| Other stockholder equity | -$19.133 | -$27.475 | ||
| Total stockholder equity | $6,816.798 | $7,655.911 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $3,687.828 | $1,285.02 | |||
| Cost of revenue | $1,308.304 | $543.078 | |||
| Gross profit | $2,379.524 | $741.942 | |||
| Operating activities | |||||
| Research & development | |||||
| Selling, general & administrative | $369.95 | $289.691 | |||
| Total operating expenses | $373.9 | $289.76 | |||
| Operating income | $2,005.624 | $452.182 | |||
| Income from continuing operations | |||||
| EBIT | $1,239.26 | $306.489 | |||
| Income tax expense | $283.671 | $45.957 | |||
| Interest expense | $108.203 | $108.732 | |||
| Net income | |||||
| Net income | $847.386 | $151.8 | |||
| Income (for common shares) | $847.386 | $151.8 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $8,022.841 | $8,517.673 | ||
| Cost of revenue | $3,312.97 | $3,532.454 | ||
| Gross profit | $4,709.871 | $4,985.219 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $1,117.305 | $1,092.671 | ||
| Total operating expenses | $1,236.292 | $1,123.346 | ||
| Operating income | $3,473.579 | $3,861.873 | ||
| Income from continuing operations | ||||
| EBIT | $2,336.209 | $2,537.736 | ||
| Income tax expense | $513.461 | $472.88 | ||
| Interest expense | $431.868 | $317.225 | ||
| Net income | ||||
| Net income | $1,390.88 | $1,747.631 | ||
| Income (for common shares) | $1,390.88 | $1,747.631 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $847.386 | $151.8 | |||
| Operating activities | |||||
| Depreciation | $8.981 | $9.002 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | $320.653 | $189.787 | |||
| Total cash flows from operations | $939.846 | $895.688 | |||
| Investing activities | |||||
| Capital expenditures | -$17.756 | -$31.327 | |||
| Investments | |||||
| Total cash flows from investing | -$17.756 | -$31.327 | |||
| Financing activities | |||||
| Dividends paid | -$1,176.535 | -$1,039.32 | |||
| Sale and purchase of stock | |||||
| Net borrowings | -$22.451 | $461.975 | |||
| Total cash flows from financing | -$1,516.009 | -$712.266 | |||
| Effect of exchange rate | -$5.962 | $10.173 | |||
| Change in cash and equivalents | -$599.881 | $162.268 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $1,390.88 | $1,747.631 | ||
| Operating activities | ||||
| Depreciation | $40.075 | $67.097 | ||
| Business acquisitions & disposals | -$5.42 | |||
| Stock-based compensation | $987.549 | $846.349 | ||
| Total cash flows from operations | $4,056.906 | $6,336.253 | ||
| Investing activities | ||||
| Capital expenditures | -$224.231 | -$235.497 | ||
| Investments | ||||
| Total cash flows from investing | -$229.651 | -$235.497 | ||
| Financing activities | ||||
| Dividends paid | -$4,268.447 | -$6,518.785 | ||
| Sale and purchase of stock | ||||
| Net borrowings | -$7.485 | $3,240.776 | ||
| Total cash flows from financing | -$5,053.895 | -$3,794.455 | ||
| Effect of exchange rate | $4.988 | -$12.318 | ||
| Change in cash and equivalents | -$1,221.652 | $2,293.983 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q2 | Douglas Lane & Associates |
-2.94%
|
788,871 | $97,662,173 |
| 2024 Q2 | Dnb Asset Management As |
+3.64%
|
255,204 | $31,594,255 |
| 2024 Q2 | Jackson Wealth Management |
-15.75%
|
34,663 | $4,291,000 |
| 2024 Q2 | Beach Investment Counsel Inc/pa |
-13.15%
|
38,706 | $4,792 |
| 2024 Q2 | Walnut Private Equity Partners |
-1.27%
|
349,021 | $43,208,800 |
| 2024 Q2 | Transcend Capital Advisors |
+5.57%
|
63,248 | $7,830,093 |
| 2024 Q2 | Trust Co Of Toledo Na oh/ |
+11.97%
|
15,559 | $1,926,204 |
| 2024 Q2 | Park Place Capital Corp |
+1,059.59%
|
1,693 | $209,593 |
| 2024 Q2 | Modus Advisors |
+3.43%
|
32,438 | $4,015,773 |
| 2024 Q2 | Appleton Partners Inc/ma |
+0.91%
|
99,740 | $12,348 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Vanguard Group Inc | 8.69% | 62,091,903 | |
| Blackrock | 6.52% | 46,581,932 | |
| Capital World Investors | 5.08% | 36,285,872 | |
| State Street Corp | 4.00% | 28,575,263 | |
| Morgan Stanley | 3.59% | 25,670,614 | |
| Capital International Investors | 2.79% | 19,933,508 | |
| Charles Schwab Investment Management Inc | 2.08% | 14,853,724 | |
| Geode Capital Management | 1.95% | 13,934,736 | |
| Jpmorgan Chase & Co | 1.93% | 13,816,918 | |
| Edgewood Management | 1.69% | 12,062,695 |
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