Blackstone Inc. BX
- Market cap
- $145.4B
- P/E
- 26.5×
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Blackstone Inc. (BX) Price to free cash flow
As of 25 September 2026, Blackstone Inc. (BX) trades at a price to free cash flow of 17.3×. Over the past ten years it has ranged from 0.0× (December 2018) to 704× (March 2019); the current reading is higher than 46% of that period. That is above the Asset Management industry median of 8.9× and above the Financial sector median of 10.0×.
Price to free cash flow, daily
Annual
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 26.4× | (31.57%) |
| FY2024 | 38.6× | 52.88% |
| FY2023 | 25.3× | 173.46% |
| FY2022 | 9.2× | (61.08%) |
| FY2021 | 23.7× | (4.09%) |
| FY2020 | 24.8× | 24.60% |
| FY2019 | 19.9× | (96.64%) |
| FY2018 | 592× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 17.2× | (15.93%) |
| Mar 2026 | 20.4× | (22.81%) |
| Dec 2025 | 26.4× | (27.80%) |
| Sep 2025 | 36.6× | 2.64% |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| NTRS Northern Trust Corporation compare | n/m |
| AMP Ameriprise Financial, Inc. compare | 5.6× |
| APO Apollo Global Management Inc. compare | 7.7× |
| BX Blackstone Inc. | 17.3× |
| STT State Street Corporation compare | 24.8× |
| BAM Brookfield Asset Management Ltd. compare | 32.6× |
| ARES Ares Management Corporation compare | 33.0× |
| KKR KKR & Co. Inc. compare | 37.0× |
| BLK BlackRock compare | 48.0× |
| Asset Management industry median | 8.9× |
| Financial sector median | 10.0× |
| Market median | 14.0× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
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
- EV/EBITDA
- 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