BX Blackstone margins

Relative Growth: Rel. Growth: 97

Relative Strength: Rel. Strength: 27

Relative Valuation: Rel. Valuation: 45

Relative Profitability: Rel. Profitability: 91

Gross margin

60.7%

Operating margin

50.5%

EBITDA margin

33.1%

Net margin

21.8%

The Blackstone shows a gross margin of 60.7%, an operating margin of 50.5%, an EBITDA margin of 33.1%, and a net margin of 21.8%. Across the available margins, EBITDA margin advanced the most and gross margin weakened the most, by 1.2 and 0.5 percentage points respectively.

BX margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Blackstone's margins averaged 60.87% gross, 49.39% operating, 31.78% EBITDA, and 20.24% net. For Blackstone, operating, EBITDA, and net margins are above their three-year averages, while gross margin is below its three-year average.

BX margin expansion

Year-over-year margin changes in percentage points

The strongest improvement was in EBITDA margin, which increased by 1.2 percentage points, and net margin also expanded by 1 percentage point, whereas gross margin contracted by 0.5 percentage points and operating margin by 0.5 percentage points.

Gross margin expansion

-0.5pp

Operating margin expansion

-0.5pp

EBITDA margin expansion

1.2pp

Net margin expansion

1pp

BX Gross margin

Blackstone's gross margin averaged 60.87% across the past 3 years. Compared with its three-year average, Blackstone's current gross margin is 60.7% and is 0.2 percentage points below its three-year average. Over the last 3 years, Blackstone's gross margin peaked at 62.6% in Mar 2024 and reached a low of 58.7% in Dec 2023.

BX Operating margin

Across the last 3 years, Blackstone had an average operating margin of 49.39%. The current operating margin stands at 50.5%, 1.1 percentage points above its three-year average. Looking back over the last 3 years, Blackstone's operating margin reached 51.8% at its highest point in Dec 2024 and 43.3% at its lowest in Dec 2023.

BX EBITDA margin

Over the last 3 years, Blackstone's EBITDA margin averaged 31.78%. The current EBITDA margin of 33.1% is 1.3 percentage points above its three-year average. During this period, EBITDA margin reached a high of 33.1% in Jun 2026 and a low of 29.6% in Dec 2023.

BX Net margin

Over the last 3 years, Blackstone's net margin averaged 20.24%. At present, Blackstone's current net margin is 21.8%, which is 1.6 percentage points above its three-year average. During this period, net margin reached a high of 21.8% in Jun 2026 and a low of 17.3% in Dec 2023.

BX margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 60.7%, BX stands lower than the Financial Services sector and the industry average. Looking at the Financial Services sector average of 83.9%, Blackstone's gross margin is 28% lower.

BX margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Blackstone's gross margin?

For the period ending Jun 30, 2026, BX recorded a gross margin of 60.7%.

What is Blackstone's operating margin?

The current operating margin for BX is 50.5% as of Jun 30, 2026.

What is Blackstone's EBITDA margin?

The current EBITDA margin for BX is 33.1% as of Jun 30, 2026.

What is Blackstone's net margin?

As of Jun 30, 2026, BX has a net margin of 21.8%.

What are the average margins of BX?

Across the last 3 years, BX averaged 60.9% gross, 49.4% operating, 31.8% EBITDA, and 20.2% net.

What are the highest historical margins of BX?

Within the 5-year period, BX recorded its highest margins at 63% gross in Dec 2021, 58.9% operating in Dec 2021, 33.1% EBITDA in Jun 2026, and 25.9% net in Dec 2021.

What are the lowest historical margins of BX?

Across the 5-year period, BX posted its lowest margins at 49.5% gross in Mar 2023, 24.4% operating in Mar 2023, 22.4% EBITDA in Mar 2023, and 12.9% net in Mar 2023.