Blackstone Inc. BX
- Market cap
- $145.4B
- P/E
- 26.5×
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Blackstone Inc. (BX) EV/EBITDA
As of 25 September 2026, Blackstone Inc. (BX) trades at a EV/EBITDA of 12.9×. Over the past ten years it has ranged from 5.4× (June 2022) to 217× (June 2020); the current reading is higher than 50% of that period. That is above the Asset Management industry median of 10.3× and above the Financial sector median of 9.5×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 17.8× | (13.19%) |
| FY2024 | 20.5× | (31.31%) |
| FY2023 | 29.9× | 82.59% |
| FY2022 | 16.4× | 121.47% |
| FY2021 | 7.4× | (56.76%) |
| FY2020 | 17.1× | 33.75% |
| FY2019 | 12.8× | 89.88% |
| FY2018 | 6.7× | (25.89%) |
| FY2017 | 9.1× | (8.99%) |
| FY2016 | 10.0× | (18.66%) |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 12.8× | (7.76%) |
| Mar 2026 | 13.9× | (22.08%) |
| Dec 2025 | 17.8× | (17.43%) |
| Sep 2025 | 21.6× | 20.02% |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| NTRS Northern Trust Corporation compare | n/m |
| STT State Street Corporation compare | n/m |
| AMP Ameriprise Financial, Inc. compare | 6.3× |
| APO Apollo Global Management Inc. compare | 6.6× |
| BX Blackstone Inc. | 12.9× |
| BLK BlackRock compare | 17.1× |
| BAM Brookfield Asset Management Ltd. compare | 20.4× |
| ARES Ares Management Corporation compare | 30.4× |
| KKR KKR & Co. Inc. compare | 69.8× |
| Asset Management industry median | 10.3× |
| Financial sector median | 9.5× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on BX
- Revenue
- Net income
- 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
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement