Stocks · Financial Services · Asset Management
Blackstone Inc. BX
$111.75 -0.44% Close, Oct 2, 2026 · NYSE · Market cap $134.98B
High qualityWeak trendHigh risk
Next earnings report: Oct 22, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 8 quarters (average surprise over the last four: +13.0%).
- Revenue over the last four quarters was $16.04B, up 28.6% from a year earlier, slowing from 34.3% a quarter earlier.
- Over the past year the stock returned -33.5%, behind the S&P 500 by 48.6 percentage points.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 15%
- EPS growth (TTM, YoY)Top 48%
- FCF growth (TTM, YoY)Top 37%
- Revenue growth, 3-year CAGRTop 24%
- Revenue growth accelerationBottom 23%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 1%
- Gross marginTop 7%
- Operating marginTop 6%
- Cash conversion (OCF / net income)Top 40%
- Accruals (lower is better)Top 26%
- Net debt / EBITDA (lower is better)Bottom 50%
- Interest coverTop 10%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 37%
- Free-cash-flow yieldBottom 30%
- EBITDA / enterprise valueBottom 46%
- Sales / enterprise valueBottom 12%
- P/E vs own 5-year history (lower is better)Top 22%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 11%
- 6-month returnBottom 19%
- 1-year return vs S&P 500Bottom 9%
- Distance from 52-week highBottom 13%
- Trend checklist (0–4)Bottom 27%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 20%
- Consecutive EPS beatsTop 13%
- Share of analysts rating BuyTop 28%
- Upside to consensus price targetTop 22%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 21%
- Maximum drawdown, 3 yearsBottom 18%
- Beta vs S&P 500 (lower is better)Bottom 11%
- Net debt / EBITDA (lower is better)Bottom 50%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 34.3% | 28.6% | ↓ |
| EPS growth (YoY) | 17.8% | 21.0% | ↑ |
| Gross margin | 96.1% | 88.8% | ↓ |
| Operating margin | 54.0% | 52.1% | ↓ |
| FCF margin | 26.3% | 27.5% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 28.6% | 34.3% | ↓ | Top 15% |
| EPS growth (TTM, YoY) | 21.0% | 17.8% | ↑ | Top 48% |
| Gross margin | 88.8% | 96.1% | ↓ | Top 7% |
| Operating margin | 52.1% | 54.0% | ↓ | Top 6% |
| Net margin | 21.9% | 23.0% | ↓ | — |
| Free-cash-flow margin | 27.5% | 26.3% | ↑ | — |
| Return on invested capital | 136.7% | — | Top 1% | |
| Revenue growth, 3-year CAGR | 22.9% | — | Top 24% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.29×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -2.0%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.1%
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.37×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 15.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 4.73%
- Net buyback yield (TTM)
- 0.21%
- Shareholder yield
- 4.94%
- Share count change, 1 year
- +0.2%
- Share count change, 3-year CAGR
- +1.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 8
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +13.0%
- Average 2-day reaction, last 8
- -0.6%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $143.50
- Target vs current price
- +28.4%
- Analysts with a rating
- 30
- Share rating Buy or Strong Buy
- 63%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 23, 2026 | +13.4% | +1.4% | +5.4% | +18.1% | — |
| Apr 23, 2026 | +1.5% | -5.7% | -7.6% | -9.9% | -4.7% |
| Jan 29, 2026 | +13.6% | -2.6% | -8.3% | -19.6% | -17.1% |
| Oct 23, 2025 | +23.6% | -4.2% | -7.9% | -14.3% | -4.8% |
| Jul 24, 2025 | +10.0% | +3.6% | +2.0% | -4.4% | -8.1% |
| Apr 17, 2025 | +3.8% | +0.8% | +4.0% | +13.4% | +23.5% |
| Jan 30, 2025 | +14.2% | -4.1% | -5.7% | -15.1% | -28.3% |
| Oct 17, 2024 | +9.8% | +6.3% | +4.5% | +13.7% | +6.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 23, 2026 | $1.52 | $1.34 | +13.4% | $3.80B |
| Apr 23, 2026 | $1.36 | $1.34 | +1.5% | $3.43B |
| Jan 29, 2026 | $1.75 | $1.54 | +13.6% | $3.94B |
| Oct 23, 2025 | $1.52 | $1.23 | +23.6% | $2.81B |
| Jul 24, 2025 | $1.21 | $1.10 | +10.0% | $3.71B |
| Apr 17, 2025 | $1.09 | $1.05 | +3.8% | $2.94B |
| Jan 30, 2025 | $1.69 | $1.48 | +14.2% | $2.81B |
| Oct 17, 2024 | $1.01 | $0.92 | +9.8% | $3.65B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 24.8× | 41.4× | 24th | Bottom 37% |
| P/E (forward) | 18.6× | — | — | — |
| EV / EBITDA | 17.4× | — | — | Bottom 46% |
| EV / Sales | 9.13× | — | — | Bottom 12% |
| Free-cash-flow yield | 3.27% | — | — | Bottom 30% |
| Earnings yield | 4.03% | — | — | Bottom 37% |
P/E over the past five years
Range 14.5× – 100.0× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -33.5%
- Earnings per share growth (TTM)
- +21.0%
- Change in P/E multiple
- -32.9%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- +0.2%
- 200-day average slope (20 days)
- -1.9%
- Distance from 50-day average
- -15.6%
- Distance from 200-day average
- -13.0%
- RSI (14)
- 25.5
- Relative volume
- 1.31×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 34.3%
- Volatility vs own 5-year history
- 47th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.27
- Correlation with S&P 500
- 0.55
- Current drawdown from 1-year high
- -33.7%
- Maximum drawdown, 3 years
- -48.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 29, 2021 | Dec 28, 2022 | -51.5% | 272 days | 429 days (Sep 13, 2024) |
| Nov 22, 2024 | Mar 12, 2026 | -48.7% | 323 days | Not yet recovered |
| Sep 16, 2021 | Oct 4, 2021 | -17.8% | 12 days | 14 days (Oct 22, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $134.98B
- P/E (TTM)
- 24.8
- EPS, diluted (TTM)
- $4.50
- Revenue (TTM)
- $16.04B
- Dividend yield
- 4.68%
- 52-week range
- $101.73 – $170.00
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $16.85B | $7.45B | $7.44B | $11.37B | $13.83B |
| Gross profit | $16.65B | $7.13B | $7.01B | $10.93B | $11.90B |
| Operating income | $13.56B | $3.46B | $2.96B | $6.46B | $7.18B |
| Net income | $5.86B | $1.75B | $1.39B | $2.78B | $3.02B |
| EPS (diluted) | $8.13 | $2.36 | $1.84 | $3.62 | $3.88 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.00B | $2.82B | $2.94B | $3.71B | $2.81B | $4.36B | $4.10B | $4.77B |
| Net income | $780.8M | $703.9M | $614.9M | $764.2M | $624.9M | $1.02B | $649.7M | $1.23B |
| EPS (diluted) | $1.02 | $0.92 | $0.80 | $0.98 | $0.80 | $1.30 | $0.83 | $1.57 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $3.99B | $6.34B | $4.06B | $3.48B | $1.86B |
| Capital expenditure | -$64.3M | -$235.5M | -$224.2M | -$61.4M | -$115.7M |
| Free cash flow | $3.92B | $6.10B | $3.83B | $3.42B | $1.74B |
| Dividends paid | -$4.60B | -$6.52B | -$4.27B | -$4.42B | -$6.01B |
| Net share buybacks | -$1.27B | -$466.0M | -$418.0M | -$661.1M | -$312.5M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.51B
- Total assets
- $49.89B
- Total liabilities
- $27.46B
- Total debt
- $14.03B
- Net debt
- $11.52B
- Shareholders’ equity
- $9.01B
As of Jun 30, 2026 (filed Aug 7, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 3, 2026 | $1.29 | Aug 10, 2026 |
| May 4, 2026 | $1.16 | May 11, 2026 |
| Feb 9, 2026 | $1.49 | Feb 17, 2026 |
| Nov 3, 2025 | $1.29 | Nov 10, 2025 |
| Aug 4, 2025 | $1.03 | Aug 11, 2025 |
| Apr 28, 2025 | $0.37 | May 5, 2025 |
| Feb 10, 2025 | $1.44 | Feb 18, 2025 |
| Oct 28, 2024 | $0.86 | Nov 4, 2024 |
Short interest
- Shares sold short
- 19,659,385
- Days to cover
- 5.62
- Change vs previous report
- -8.6%
FINRA short interest, settlement date Sep 15, 2026.