📊 BX Key Takeaways
Investment Thesis
Blackstone demonstrates exceptional financial strength with robust profitability metrics, strong cash generation, and excellent operational efficiency despite a significant net income decline. The company's 49.6% operating margin, 31.5% FCF margin, and 14.1x interest coverage reflect a well-managed business with substantial pricing power and financial resilience.
BX Strengths
- Exceptional operating margin of 49.6% demonstrates strong operational efficiency and pricing power
- Robust free cash flow generation of $4.5B with 31.5% FCF margin indicating high-quality earnings conversion
- Strong balance sheet with 14.1x interest coverage and manageable 1.45x debt-to-equity ratio
- Revenue growth of 9.2% YoY despite challenging market conditions shows resilience and market demand
- Outstanding ROE of 34.8% demonstrates efficient capital deployment and shareholder value creation
- Significant insider activity with 17 Form 4 filings suggesting leadership confidence
BX Risks
- Net income declined 50.1% YoY despite revenue growth, indicating significant operating headwinds or one-time charges requiring investigation
- EPS growth of only 6.9% lags revenue growth, suggesting margin compression or increased share count dilution
- Long-term debt of $12.6B represents meaningful financial leverage that could constrain flexibility in downturns
- Dependence on investment management and advisory services exposes company to market cyclicality and asset performance volatility
- Data freshness note at 2025-12-31 (future date) suggests potential data quality concerns or reporting anomalies
Key Metrics to Watch
- Net income trend recovery and margin expansion in subsequent quarters
- Operating cash flow sustainability and capital expenditure requirements
- Debt service capacity and refinancing needs given macroeconomic conditions
- Assets under management (AUM) growth and fee revenue realization
- Operating margin maintenance at elevated 49%+ levels
BX Financial Metrics
💡 AI Analyst Insight
The 31.5% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
BX Profitability Ratios
BX vs Default Sector
How Blackstone Inc. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BX Balance Sheet & Liquidity
BX 5-Year Financial Trend
5-Year Trend Summary: Blackstone Inc.'s revenue has declined by 36% over the 5-year period, indicating business contraction. The most recent EPS of $1.84 reflects profitable operations.
BX Growth Metrics (YoY)
BX Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $3.1B | $624.9M | $0.80 |
| Q2 2025 | $2.8B | $444.4M | $0.58 |
| Q1 2025 | $3.3B | $614.9M | $0.80 |
| Q3 2024 | $2.5B | $552.0M | $0.73 |
| Q1 2024 | $1.4B | $85.8M | $0.11 |
| Q3 2023 | $1.1B | $2.3M | $0.00 |
| Q2 2023 | $629.2M | -$29.4M | $-0.04 |
| Q1 2023 | $1.4B | $85.8M | $0.11 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BX Capital Allocation
BX SEC Filings
Access official SEC EDGAR filings for Blackstone Inc. (CIK: 0001393818)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BX
What is the AI rating for BX?
Blackstone Inc. (BX) has an AI rating of BUY with 78% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BX's key strengths?
Exceptional operating margin of 49.6% demonstrates strong operational efficiency and pricing power. Robust free cash flow generation of $4.5B with 31.5% FCF margin indicating high-quality earnings conversion.
What are the risks of investing in BX?
Net income declined 50.1% YoY despite revenue growth, indicating significant operating headwinds or one-time charges requiring investigation. EPS growth of only 6.9% lags revenue growth, suggesting margin compression or increased share count dilution.
What is BX's revenue and growth?
Blackstone Inc. reported revenue of $14.5B.
Does BX pay dividends?
Blackstone Inc. pays dividends, with $6,013.4M distributed to shareholders in the trailing twelve months.
Where can I find BX SEC filings?
Official SEC filings for Blackstone Inc. (CIK: 0001393818) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BX's EPS?
Blackstone Inc. has a diluted EPS of $3.87.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.