NYSE: BX
Blackstone Inc.
Financial Services · Asset Management
Market Cap
$141.77B
52w High
$190.09
52w Low
$101.73
P/E
30.27
Volume
2.96M
Outstanding Shares
1.20B
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 15.28% over the last year. Revenue grew 34.26% over the trailing twelve months. Operating margin moved from 54.04% to 48.83%. Free cash flow declined 6.26% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 48.83%. A decisive move in revenue — currently up 34.26% — would be the clearest signal to resolve the ambiguity.
Company profile
Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies.
Valuation
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
18
Buy
10
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 23, 2026
Q3 FY26 · EPS est $1.34 · Revenue est $3.42B
View
Dividends
$4.97/shareQuarterlyAt RiskBX pays a dividend with a 4.21% dividend yield, growing at 13.06% annually, covered 0.3× by free cash flow.
Dividend Yield
4.21%
Annual Div / Share
$4.97
5yr CAGR
+13.06%
Doubles every ~5.6yr
Payout Ratio
198.84%
At Risk
Dividend Growth Rate
3yr CAGR
+8.42%
5yr CAGR
+13.06%
10yr CAGR
+8.96%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$4/mo
In 5 yrs
$6/mo
In 10 yrs
$11/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$42/yr $4/mo | $74/yr+76% $6/mo | $131/yr+211% $11/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 4.21% → 13.08% over 10yr
Analysis
Dividend Strengths
Strong dividend growth rate
The 5-year CAGR of 13.06% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
High payout ratio
With 198.84% of earnings paid as dividends, there is limited retained earnings for reinvestment — and a dividend cut becomes more likely if earnings decline.
Dividend exceeds free cash flow
Free cash flow covers only 0.29× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.