BX

Company Overview — What Does Blackstone Inc. Do?

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts,special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, enterprise tech and consumer, as well as consumer technologies. The fund considers investment in Asia and Latin America. It has a three year investment period. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. Blackstone Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe and North America. Blackstone Inc. (BX) is classified as a large-cap stock in the Financials sector, specifically within the Trading industry. The company is led by CEO Stephen A. Schwarzman and employs approximately 4,700 people, headquartered in NEW YORK, New York. With a market capitalization of $88.8B, BX is one of the prominent companies in the Financials sector.

Blackstone Inc. (BX) Stock Rating — Hold (April 2026)

As of April 2026, Blackstone Inc. receives a Hold rating with a composite score of 51.9/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.BX ranks #1,273 out of 4,446 stocks in our coverage universe. Within the Financials sector, Blackstone Inc. ranks #391 of 891 stocks, placing it in the upper half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

BX Stock Price and 52-Week Range

Blackstone Inc. (BX) currently trades at $114.83. The stock lost $2.07 (1.8%) in the most recent trading session. The 52-week high for BX is $190.09, which means the stock is currently trading -39.6% from its annual peak. The 52-week low is $101.73, putting the stock 12.9% above its annual trough. Recent trading volume was 4.4M shares, reflecting moderate market activity.

Is BX Overvalued or Undervalued? — Valuation Analysis

Blackstone Inc. (BX) carries a value factor score of 65/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 16.21x, compared to the Financials sector average of 14.88x — a premium of 9%. The price-to-book ratio stands at 4.46x, versus the sector average of 1.22x. The price-to-sales ratio is 6.65x, compared to 0.90x for the average Financials stock. On an enterprise value basis, BX trades at 16.42x EV/EBITDA, versus 3.26x for the sector.

Overall, BX's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

Blackstone Inc. Profitability — ROE, Margins, and Quality Score

Blackstone Inc. (BX) earns a quality factor score of 81/100, reflecting elite profitability and capital efficiency that places it among the highest-quality businesses in the market. The return on equity (ROE) is 27.5%, compared to the Financials sector average of 8.5%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 11.8% versus the sector average of 1.2%.

On a margin basis, Blackstone Inc. reports gross margins of 100.0%. The operating margin is 45.5% (sector: 21.8%). Net profit margin stands at 40.8%, versus 17.7% for the average Financials stock. Revenue growth is running at 10.4% on a trailing basis, compared to 9.4% for the sector. These metrics collectively paint a picture of a highly profitable business with durable competitive advantages.

BX Debt, Balance Sheet, and Financial Health

Blackstone Inc. has a debt-to-equity ratio of 61.0%, compared to the Financials sector average of 121.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.85x, suggesting adequate working capital coverage. Total debt on the balance sheet is $12.58B. Cash and equivalents stand at $2.43B.

BX has a beta of 1.48, meaning it is more volatile than the broader market — a $10,000 investment in BX would be expected to move 48.2% more than the S&P 500 on any given day. The stability factor score for Blackstone Inc. is 54/100, reflecting average volatility within the normal range for its sector.

Blackstone Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Blackstone Inc. reported revenue of $13.75B and earnings per share (EPS) of $3.87. Net income for the quarter was $5.64B. Gross margin was 100.0%. Operating income came in at $6.28B.

In FY 2025, Blackstone Inc. reported revenue of $14.45B and earnings per share (EPS) of $3.87. Net income for the quarter was $6.05B. Revenue grew 9.2% year-over-year compared to FY 2024. Operating income came in at $6.75B.

In Q3 2025, Blackstone Inc. reported revenue of $3.09B and earnings per share (EPS) of $0.80. Net income for the quarter was $1.24B. Revenue grew -15.7% year-over-year compared to Q3 2024. Operating income came in at $1.34B.

In Q2 2025, Blackstone Inc. reported revenue of $3.71B and earnings per share (EPS) of $0.98. Net income for the quarter was $1.63B. Revenue grew 32.7% year-over-year compared to Q2 2024. Operating income came in at $1.78B.

Over the past 8 quarters, Blackstone Inc. has demonstrated a growth trajectory, with revenue expanding from $2.80B to $13.75B. Investors analyzing BX stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

BX Dividend Yield and Income Analysis

Blackstone Inc. (BX) does not currently pay a dividend. This is common among growth-oriented companies in the Trading industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Financials dividend stocks may want to explore other Financials stocks or use the stock screener to filter by dividend yield.

BX Momentum and Technical Analysis Profile

Blackstone Inc. (BX) has a momentum factor score of 22/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 29/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 40/100 reflects moderate short selling activity.

BX vs Competitors — Financials Sector Ranking and Peer Comparison

Within the Financials sector, Blackstone Inc. (BX) ranks #391 out of 891 stocks based on the Blank Capital composite score. This places BX in the upper half of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.

Comparing BX against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full BX vs S&P 500 (SPY) comparison to assess how Blackstone Inc. stacks up against the broader market across all factor dimensions.

BX Next Earnings Date

No upcoming earnings date has been announced for Blackstone Inc. (BX) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy BX? — Investment Thesis Summary

Blackstone Inc. presents a balanced picture with arguments on both sides. The quality score of 81/100 indicates above-average profitability and business fundamentals. The value score of 65/100 suggests attractive pricing relative to fundamentals. Momentum is weak at 22/100, a headwind for near-term performance.

In summary, Blackstone Inc. (BX) earns a Hold rating with a composite score of 51.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on BX stock.

Related Resources for BX Investors

Explore more research and tools: BX vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare BX head-to-head with peers: BX vs WTM, BX vs OPY, BX vs ACT.