Blackstone Inc.
Blackstone Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.5 billion, up 9.22% from fiscal 2024. In the quarter to June 2026, revenue grew 35.9%, EPS grew 57.1%, free cash flow grew 125.1% and total debt rose 9.87%, each against the same quarter a year earlier. Member of the S&P 500; insiders bought in the last twelve months.
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Blackstone Inc. (BX) Debt to equity
Blackstone Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.6×, up 0.0× from fiscal 2025 (0.6×). Over the past ten years it has ranged from 0.4× (fiscal 2021) to 1.1× (fiscal 2017); the current reading is higher than 45% of that period. That is above the Asset Management industry median of 0.4× and above the Financial sector median of 0.2×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 0.6× | 0.25% |
| FY2024 | 0.6× | (9.48%) |
| FY2023 | 0.7× | (2.68%) |
| FY2022 | 0.7× | 90.52% |
| FY2021 | 0.4× | (8.40%) |
| FY2020 | 0.4× | (47.35%) |
| FY2019 | 0.7× | 0.11% |
| FY2018 | 0.7× | (32.37%) |
| FY2017 | 1.1× | 52.40% |
| FY2016 | 0.7× | 41.89% |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 0.6× | (5.58%) |
| Mar 2026 | 0.7× | 9.29% |
| Dec 2025 | 0.6× | 0.58% |
| Sep 2025 | 0.6× | (1.53%) |
| 42 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| BLK BlackRock compare | 0.3× |
| APO Apollo Global Management Inc. compare | 0.3× |
| NTRS Northern Trust Corporation compare | 0.4× |
| BAM Brookfield Asset Management Ltd. compare | 0.4× |
| BX Blackstone Inc. | 0.6× |
| KKR KKR & Co. Inc. compare | 0.7× |
| ARES Ares Management Corporation compare | 0.8× |
| STT State Street Corporation compare | 0.9× |
| AMP Ameriprise Financial, Inc. compare | 1.0× |
| Asset Management industry median | 0.4× |
| Financial sector median | 0.2× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on BX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement