Pricing Log in Create free account
Saturday 17 October 2026 Export BX’s income statement to Excel — free account

Blackstone Inc.

BX Financial Asset Management

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.

106.28 2.92 −2.67%
Market cap
$135.6B
P/E
23.8×
Fwd P/E
19.3×
Dividend yield
4.92%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Blackstone Inc. (BX) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Blackstone Inc. (BX) trades at a price to free cash flow of 15.5×. Over the past ten years it has ranged from 0.0× (December 2018) to 704× (March 2019); the current reading is higher than 41% of that period. That is above the Asset Management industry median of 8.3× and above the Financial sector median of 9.9×.

Price to free cash flow, daily

Embed this chart

Annual newest first

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 newest first

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

Against its own ten years

Low 0.0× High 704×
Ten-year median 18.2×
Current reading's percentile 41

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 5.7×
APO Apollo Global Management Inc. compare 7.0×
BX Blackstone Inc. 15.5×
STT State Street Corporation compare 22.5×
ARES Ares Management Corporation compare 30.4×
KKR KKR & Co. Inc. compare 33.0×
BAM Brookfield Asset Management Ltd. compare 33.2×
BLK BlackRock compare 50.0×
Asset Management industry median 8.3×
Financial sector median 9.9×
Market median 14.2×

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)))

The full definition of Price to free cash flow →

More on BX