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Companies / Financials / Blackstone Inc.
BX

Blackstone Inc.

FinancialsBanks & BrokersS&P 500
Ticker BXNEW YORK, NYFiscal year ends DecemberBook value per share $11.37Diluted shares 793.1M

Blackstone Inc. (NYSE: BX) is an alternative asset manager investing on behalf of institutional and individual investors, including pension funds and insurance companies, across real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries and hedge funds. Its four… From the company’s description.

In fiscal 2025, Blackstone Inc. reported revenue of $14.45B, up 9.2% from fiscal 2024, and net income of $6.05B. Its pre-tax margin was 46.7%. Over the twelve months to Jun 30, 2026, revenue was $16.11B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$14.45BFY2025
+9.2% year over year
Last 12 mo $16.11B
46.65%FY2025
−0.5 percentage points
Last 12 mo 48.97%
$6.05BFY2025
+11.2% year over year
Last 12 mo $6.83B
34.84%FY2025
+1 percentage points
Last 12 mo 39.04%
Cash & financing
$4.66BFY2025
+33.9% year over year
Last 12 mo $5.60B
$4.55BFY2025
+33.0% year over year
Last 12 mo $5.49B
1.44FY2025
Was 1.38× a year earlier
Last 12 mo 1.46
780.2MFY2025
+1.8% year over year
Last 12 mo 793.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Blackstone Inc. does

In the company’s own words

Blackstone Inc. (NYSE: BX) is an alternative asset manager investing on behalf of institutional and individual investors, including pension funds and insurance companies, across real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries and hedge funds. Its four reportable segments are Real Estate, Private Equity, Credit & Insurance, and Multi-Asset Investing; at December 31, 2025, they managed $319.3 billion, $416.4 billion, $443.0 billion and $96.2 billion of assets, respectively. Real Estate invests in property and related debt; Private Equity spans corporate investments, infrastructure, life sciences, growth equity and secondaries; Credit & Insurance manages credit strategies and insurance portfolios; and Multi-Asset Investing builds portfolios across public and private markets. Products also reach eligible individual investors through private-wealth vehicles, including BREIT, BXPE and BXINFRA. Blackstone had more than $1.3 trillion in total assets under management and approximately 5,285 employees as of December 31, 2025. Its website is www.blackstone.com.

Company details
Sector
Financials
Industry (SIC)
Banks & Brokers
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
1393818
SIC
6282

Financial performance, year by year

Fiscal 2013–2025 · USD
$-2.26B$4.52B$11.29B$18.06B$24.83B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Blackstone Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

691
funds hold it
2 of 35
superinvestors hold it
$23.88B
held by funds, at market
26.8%
of shares held by funds
3
bond issues held by funds

Superinvestors in Blackstone Inc. · what they did last quarter

Tom GaynerUNCHANGED
Markel Group (Markel-Gayner)
1.1%of 13F portfolio
Bill NygrenUNCHANGED
Harris Associates (Oakmark)
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Blackstone Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.12%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.14%of fund net assets
Schwab U.S. Dividend Equity ETF
SCHD · SCHWAB STRATEGIC TRUST
2.20%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.14%of fund net assets
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.13%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Blackstone Inc.’s bonds, as funds hold them

Funds report holding 3 issues of Blackstone Inc.’s debt, $173.95M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.79%, maturing 2030 to 2036.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Blackstone Inc. and its peers compare on margins and cash generation over ten years?”
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