Blackstone Inc.

10-K & 10-Q Filings

Blackstone is the world's largest alternative asset manager with over $1.0 trillion in Total Assets Under Management as of December 31, 2023. The company seeks to deliver compelling returns for institutional and individual investors by strengthening the companies and assets in which it invests. Blackstone's business is divided into four segments: Real Estate, Private Equity, Credit & Insurance, and Hedge Fund Solutions. The Real Estate segment focuses on global real estate investing and includes strategies such as opportunistic investments and core investments. The Private Equity segment invests in companies across industries and geographies, with a focus on creating value through operational support and strategic insight. The Credit & Insurance segment offers comprehensive credit solutions to clients and manages assets for insurers. The Hedge Fund Solutions segment is a leading manager of institutional funds and provides customized investment strategies. Blackstone's website is www.blackstone.com and its ticker symbol is BX.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$3252.58
4019.44
6613.17
7484.73
4646.55
5125.83
7119.05
6833.26
7338.27
6101.93
22577.15
8517.67
8022.84
1381.85
3687.83
7.81%166.88%Net Interest Income (+)
$-57.82
-72.87
-107.97
-121.52
-144.52
-152.65
-197.49
-163.99
-199.65
-166.16
-198.27
-317.23
-431.87
-104.44
-108.20
-3.60%Interest Expense (-)
$57.82
72.87
107.97
121.52
144.52
152.65
197.49
163.99
199.65
166.16
198.27
317.23
431.87
104.44
108.20
18.24%3.60%Non Interest Income (+)
$3310.40
4092.31
6721.14
7606.25
4791.07
5278.49
7316.54
6997.25
7537.92
6268.09
22775.42
8834.90
8454.71
1486.29
3796.03
8.13%155.40%Operating Expenses (-)
$2738.43
2605.24
3257.67
3154.37
2290.75
2203.43
2930.82
2674.69
3067.86
2588.76
8350.13
3532.45
3312.97
763.11
1308.30
1.60%71.44%Operating Income/Loss (+)
$-135.49
758.76
2746.43
3628.87
1555.68
2197.26
3391.65
3321.22
3373.62
2622.36
13100.53
3544.65
3041.71
192.50
1897.42
885.67%Non-operating Income/Expense (+)
$213.32
606.34
1202.44
891.85
463.71
540.80
1403.83
3095.38
3918.21
1993.79
17247.59
1150.20
148.84
-429.82
1620.91
-2.95%477.11%Earnings before Tax (+)
$77.26
1014.90
3148.56
3986.73
1814.75
2382.01
4117.10
3512.94
3818.01
2617.52
13559.40
3461.79
2957.71
258.36
1879.65
35.49%627.54%Tax Expense (-)
$345.71
185.02
255.64
291.17
190.40
132.36
743.15
249.39
-47.95
356.01
1184.40
472.88
513.46
47.67
283.67
3.35%495.01%Income/Loss (Continuing Operations) (+)
$-268.45
829.88
2892.92
3695.55
1624.35
2249.65
3373.95
3263.55
3865.97
2261.51
12375.00
2988.91
2444.25
210.68
1595.98
657.54%Profit/Loss (+)
$-268.45
829.88
2892.92
3695.55
1624.35
2249.65
3373.95
3263.55
3865.97
2261.51
12375.00
2988.91
2444.25
210.68
1595.98
657.54%Net Income/Loss (NCI) (-)
$168.30
103.60
183.31
74.79
11.14
3.98
13.81
-2.10
-0.12
-13.90
5.74
-142.89
-245.52
-6.70
-39.67
-492.07%Net Income/Loss (+)
$-436.76
218.60
1171.20
1584.59
709.79
1039.23
1470.83
1541.79
2049.68
1045.36
5857.40
1747.63
1390.88
85.81
847.39
887.49%Net Income/Loss (Common) (+)
$-436.76
218.60
1171.20
1584.59
709.79
1039.23
1470.83
1541.79
2049.68
1045.36
5857.40
1747.63
1390.88
85.81
847.39
887.49%EPS (Basic)
$
0.41
2.00
2.60
1.12
1.60
2.21
2.27
3.03
1.50
8.14
2.36
1.84
0.12
1.12
833.33%EPS (Diluted)
$
0.41
1.98
2.58
1.04
1.56
2.21
2.26
3.03
1.50
8.13
2.36
1.84
0.11
1.11
909.09%Weighted Avg Shares (Basic)
533.70
587.02
608.80
634.34
649.48
665.45
678.85
675.90
696.93
719.77
740.66
755.20
746.06
759.80
1.84%Weighted Avg Shares (Diluted)
538.67
590.55
613.18
1188.09
1195.11
666.25
1206.96
676.17
697.26
720.13
740.94
755.42
746.64
760.26
1.82%Cash
$754.74
709.50
832.00
1412.47
1837.32
1837.25
1992.50
2207.84
2172.44
1999.48
2119.74
4252.00
2955.87
2830.97
2504.47
12.05%-11.53%Receivables
$406.14
638.16
888.36
559.32
613.15
772.70
887.16
636.24
975.08
866.16
636.62
462.90
4659.89
924.93
4894.53
22.55%429.18%Securities & Long-term Investments
$15128.30
20847.27
21729.52
22765.59
14324.10
17694.97
24434.05
20377.03
22281.68
15617.14
28665.04
27553.25
26146.62
26985.95
25922.29
4.67%-3.94%Property, Plant & Equipment (Net)
$
471.06
526.94
788.99
896.98
841.31
894.07
805.45
-9.91%Goodwill & Intangibles
$2299.09
2302.14
2348.14
2246.22
2064.07
1981.12
2188.02
2338.37
2267.37
2249.44
2174.59
2107.49
2091.41
2120.50
2082.43
-0.79%-1.80%Other Assets
$3320.86
4434.48
3880.59
4527.29
3687.44
4117.29
4927.18
3365.17
4417.88
5010.09
6811.43
7251.60
3592.44
7330.02
3497.13
0.66%-52.29%Assets (Total)
$21909.13
28931.55
29678.61
31510.89
22526.08
26403.34
34428.91
28924.65
32585.51
26269.25
41196.41
42524.23
40287.53
41086.44
39706.30
5.21%-3.36%Accounts Payable
$1732.13
2293.87
3005.03
3633.84
2678.58
3409.54
4673.54
3818.11
4602.20
4150.36
8842.24
7259.87
7525.02
7046.71
7401.57
13.02%5.04%Securities (Liabilities)
$101.85
142.27
316.35
29.91
40.93
75.32
273.22
364.82
229.66
127.84
85.83
93.77
23.44
Debt (Non-current)
$8867.57
13051.40
10466.50
8937.64
6116.75
8866.37
14815.44
9951.86
11623.72
6265.50
7748.16
12349.58
11304.06
12311.47
10740.17
2.04%-12.76%Other Liabilities
$2540.90
3785.25
3463.50
4017.82
1459.37
1537.17
937.16
1177.56
1026.87
1135.04
2814.13
4854.94
4562.31
4635.69
4022.13
5.00%-13.24%Liabilities (Total)
$13242.45
19272.79
17251.38
16619.20
10295.62
13888.40
20699.35
15312.34
17482.45
11678.74
19490.36
24558.17
23391.39
24017.31
22163.87
4.86%-7.72%Retained Earnings
$386.86
509.03
300.71
81.30
609.63
335.76
3647.78
1748.11
660.73
1156.11
796.20
4.56%-31.13%AOCI
$1.96
2.17
3.47
-20.86
-52.52
-62.89
-34.02
-36.48
-28.50
-15.83
-19.63
-27.48
-19.13
-22.33
-31.28
-40.07%Shareholder's Equity
$8666.68
9658.76
12427.23
14891.69
12047.00
12329.54
13518.61
13612.31
15015.40
14525.35
21638.02
17966.06
16896.14
17069.13
17542.43
5.72%2.77%Liabilities & Equity
$21909.13
28931.55
29678.61
31510.89
22526.08
26403.34
34428.91
28924.65
32585.51
26269.25
41196.41
42524.23
40287.53
41086.44
39706.30
5.21%-3.36%Net Income/Loss
$-268.45
829.88
2892.92
3695.55
1624.35
2249.65
3373.95
3263.55
3865.97
2261.51
12375.00
2988.91
2444.25
210.68
1595.98
657.54%Depreciation & Amortization
$207.59
139.17
95.67
101.92
101.44
82.94
46.78
59.02
71.00
71.05
74.87
67.10
40.08
13.00
8.98
-12.81%-30.89%Increase/Decrease in Working Capital
$3113.32
4549.25
4995.54
5041.81
2510.94
1545.87
3533.40
1804.46
-515.84
-420.77
-2190.62
-4054.30
-1561.15
189.97
-414.18
-318.02%Share-based Compensation
$1396.06
949.63
855.09
734.73
629.64
323.65
338.69
366.93
417.09
438.34
637.44
846.35
987.55
277.43
320.65
-2.84%15.58%Adjustments to Reconcile Net Income
$1368.07
-246.73
655.02
-2040.56
772.69
-2790.93
-5822.69
-3217.81
-1902.86
-325.56
-8389.01
3347.34
1612.65
142.05
-656.14
1.38%-561.92%Net Cash (Operating)
$1099.61
583.15
3547.94
1654.99
2397.04
-541.29
-2448.74
45.74
1963.11
1935.94
3985.99
6336.25
4056.91
352.73
939.85
11.49%166.45%Capital Expenditure
$60.23
225.33
171.75
30.27
59.25
21.83
193.26
116.60
60.28
166.82
64.32
235.50
229.65
74.97
17.76
11.80%-76.32%Net Cash (Investing)
$-59.90
-222.98
-165.90
-24.43
-53.40
-28.98
-188.21
-116.60
-60.28
-166.82
-64.32
-235.50
-229.65
-74.97
-17.76
76.32%Increase/Decrease in Debt
$11.75
7.25
157.85
-333.93
10.09
-386.43
-1766.13
-1009.35
1146.33
886.75
2222.54
3240.78
-7.48
-399.92
-22.45
94.39%Interest Expenses
$81.41
80.16
125.36
116.30
126.17
151.95
160.18
169.87
167.46
176.62
194.17
261.89
400.33
99.10
76.49
14.19%-22.82%Dividends Paid
$608.29
876.11
2313.49
3331.00
4174.46
2552.59
3656.57
3808.99
3162.59
3133.07
5950.20
7790.69
5272.16
1352.46
1434.93
19.72%6.10%Net Cash (Financing)
$-873.51
-405.41
-3259.61
-1049.91
-1919.40
570.17
2771.34
-1330.19
-1921.38
-2244.04
-3776.59
-3794.45
-5053.90
-1751.46
-1516.01
13.44%Cash Taxes Paid
$43.95
30.23
69.86
236.72
115.81
65.79
106.03
192.79
159.30
209.18
700.69
683.17
569.38
53.50
172.35
23.80%222.12%Effect of Exchange Rate
$-0.08
-0.01
0.07
-0.18
0.61
0.02
20.85
9.71
-2.96
15.72
-9.81
-12.32
4.99
1.28
-5.96
-564.33%Increase/Decrease in Cash
$166.12
-45.24
122.50
580.47
424.85
-0.07
155.24
-1391.33
-21.51
-459.19
135.28
2293.98
-1221.65
-1472.42
-599.88
59.26%Cash (Beginning)
$588.62
754.74
709.50
832.00
1412.47
1837.32
1837.25
3936.49
2545.16
2523.65
2064.46
2199.73
4493.72
4493.72
3272.06
18.46%-27.19%Cash (Ending)
$754.74
709.50
832.00
1412.47
1837.32
1837.25
1992.50
2545.16
2523.65
2064.46
2199.73
4493.72
3272.06
3021.29
2672.18
13.00%-11.56%NOPAT
$-58.42
736.16
2685.49
3413.40
1456.40
2136.57
3304.30
3138.95
3331.25
2412.79
12423.55
2845.13
2456.16
152.63
1723.45
1029.13%Operating Margin %
-4.17%
18.88%
41.53%
48.48%
33.48%
42.87%
47.64%
48.60%
45.97%
42.98%
58.03%
41.62%
37.91%
13.93%
51.45%
NOPAT Margin %
-1.80%
18.31%
40.61%
45.60%
31.34%
41.68%
46.41%
45.94%
45.40%
39.54%
55.03%
33.40%
30.61%
11.05%
46.73%
Net Margin %
-13.43%
5.44%
17.71%
21.17%
15.28%
20.27%
20.66%
22.56%
27.93%
17.13%
25.94%
20.52%
17.34%
6.21%
22.98%
Tax Rate %
56.88%
2.98%
2.22%
5.94%
6.38%
2.76%
2.58%
5.49%
1.26%
7.99%
5.17%
19.73%
19.25%
20.71%
9.17%
ROA
-0.27%
2.54%
9.05%
10.83%
6.47%
8.09%
9.60%
10.85%
10.22%
9.18%
30.16%
6.69%
6.10%
0.37%
4.34%
ROE
-0.67%
7.62%
21.61%
22.92%
12.09%
17.33%
24.44%
23.06%
22.19%
16.61%
57.42%
15.84%
14.54%
0.89%
9.82%
Equity Multiplier
2.53
3.00
2.39
2.12
1.87
2.14
2.55
2.12
2.17
1.81
1.90
2.37
2.38
2.41
2.26
Debt/Equity Ratio
1.02
1.35
0.84
0.60
0.51
0.72
1.10
0.73
0.77
0.43
0.36
0.69
0.67
0.72
0.61
Dividend Payout Ratio %
1041.17%
119.01%
86.15%
97.59%
286.63%
119.47%
110.66%
121.35%
94.94%
129.85%
47.89%
273.83%
214.65%
886.08%
83.26%
Total Payout
$608.29
876.11
2313.49
3331.00
4174.46
2552.59
3656.57
3808.99
3162.59
3133.07
5950.20
7790.69
5272.16
1352.46
1434.93
19.72%6.10%Payout Ratio %
1041.17%
119.01%
86.15%
97.59%
286.63%
119.47%
110.66%
121.35%
94.94%
129.85%
47.89%
273.83%
214.65%
886.08%
83.26%