The Blackstone Group, Inc. engages in the provision of investment and fund management services. It operates through the following segments: Private Equity, Real Estate, Hedge Fund Solutions and Credit. The Private Equity segment consists of flagship corporate private equity funds, Blackstone Capital Partners funds, sector-focused corporate private equity funds, including energy-focused funds, Blackstone Energy Partners funds, and core private equity fund, Blackstone Core Equity Partners. The Real Estate segment includes management of core real estate fund and non-exchange traded restate investment trusts. The Hedge Fund Solutions segment comprises of Blackstone Alternative Asset Management, which manages hedge funds and includes Indian-focused and Asian-focused closed-end mutual funds. The Credit segment includes GSO Capital Partners LP, which manages credit-oriented funds. The company was founded by Stephen Allen Schwarzman in 1985 and is headquartered in New York, NY.
Highlights
The debt has contracted by 48% YoY and by 46% from the previous quarter
BX's gross profit is up by 40% since the previous quarter but it is down by 21% year-on-year
The revenue has grown by 40% since the previous quarter but it has declined by 21% year-on-year
The stock's price to earnings (P/E) is 103% more than its 5-year quarterly average of 27.2 and 22% more than its last 4 quarters average of 45.3
The EPS has plunged by 53% YoY
Key stats
What are the main financial stats of BX
Market
Shares outstanding
674.01M
Market cap
$40.14B
Enterprise value
$43.75B
Valuations
Price to earnings (P/E)
55.14
Price to book (P/B)
6.47
Price to sales (P/S)
9.13
EV/EBIT
40.53
EV/EBITDA
38.03
EV/Sales
9.58
Earnings
Revenue
$4.56B
EBIT
$1.08B
EBITDA
$1.15B
Free cash flow
$2.13B
Per share
EPS
$1.08
Free cash flow per share
$3.05
Book value per share
$9.21
Revenue per share
$6.52
TBVPS
$32.6
Balance sheet
Total assets
$25.04B
Total liabilities
$11.54B
Debt
$6.32B
Equity
$6.18B
Working capital
N/A
Liquidity
Debt to equity
1.02
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
3.14
Margins
EBITDA margin
25.2%
Gross margin
100%
Net margin
17.1%
Operating margin
38.6%
Efficiency
Return on assets
2.7%
Return on equity
12.9%
Return on invested capital
3.2%
Return on capital employed
N/A
Return on sales
23.6%
Dividend
Dividend yield
3.21%
DPS
$1.91
Payout ratio
176.9%
BX stock price
How has the Blackstone Group stock price performed over time
Intraday
-1.62%
1 week
0.74%
1 month
18.11%
1 year
9.83%
YTD
6.45%
QTD
14.08%
Financial performance
How have Blackstone Group's revenue and profit performed over time
Revenue
$4.56B
Gross profit
$4.56B
Operating income
$1.76B
Net income
$779.64M
Gross margin
100%
Net margin
17.1%
The operating income has soared by 104% since the previous quarter but it is down by 32% year-on-year
The company's net income fell by 50% YoY
The operating margin is up by 46% since the previous quarter but it has declined by 14% year-on-year
BX's gross profit is up by 40% since the previous quarter but it is down by 21% year-on-year
Growth
What is Blackstone Group's growth rate over time
Valuation
What is Blackstone Group stock price valuation
P/E
55.14
P/B
6.47
P/S
9.13
EV/EBIT
40.53
EV/EBITDA
38.03
EV/Sales
9.58
The stock's price to earnings (P/E) is 103% more than its 5-year quarterly average of 27.2 and 22% more than its last 4 quarters average of 45.3
The EPS has plunged by 53% YoY
BX's P/B is 75% above its 5-year quarterly average of 3.7 and 12% above its last 4 quarters average of 5.8
The equity has grown by 9% from the previous quarter but it has contracted by 8% YoY
The P/S is 83% more than the 5-year quarterly average of 5.0 but 7% less than the last 4 quarters average of 9.8
The revenue has grown by 40% since the previous quarter but it has declined by 21% year-on-year
Efficiency
How efficient is Blackstone Group business performance
Blackstone Group's ROA has decreased by 47% YoY but it has increased by 8% from the previous quarter
The return on equity has declined by 46% year-on-year but it is up by 4.9% since the previous quarter
BX's return on invested capital is up by 45% since the previous quarter but it is down by 29% year-on-year
The ROS has contracted by 20% YoY and by 6% from the previous quarter
Dividends
What is BX's dividend history
DPS
$1.91
Dividend yield
3.21%
Payout ratio
176.9%
Recent dividends
Financial health
How did Blackstone Group financials performed over time
The company's total assets is 117% higher than its total liabilities
The total liabilities has declined by 35% year-on-year and by 29% since the previous quarter
The company's total assets fell by 23% YoY and by 13% QoQ
The debt is 2.3% more than the equity
The debt to equity has plunged by 50% from the previous quarter and by 43% YoY
The debt has contracted by 48% YoY and by 46% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.