Blackstone Inc

Blackstone Inc

BX

Get informed when a big investor buys or sells

+ Follow
Market Cap$154.3B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Blackstone IncBlackstone Inc28.43.89%17%6.1-

Earnings Call Q2 2026

July 23, 2026 - AI Summary

Strong Q2 results; earnings growth broad-based (good/surprising) - Distributable earnings: $2.0B, +26% YoY (=$1.52/share). - GAAP net income: $2.4B. - Fee related earnings (FRE): $1.8B, +22% YoY—described as one of the strongest quarters historically. - Net realizations: $414M, +27% YoY despite geopolitical uncertainty. - Dividend declared: $1.29/share, payable to holders of record Aug 3.
AI infrastructure drive = core performance engine (good) - Management emphasized AI-related investing across data centers, power/energy, and frontier AI companies as the most significant driver of results. - Notable monetization/realization examples: sale of under-construction data center assets at a multibillion-dollar gain; multiple energy dispositions. - AI impact on marks: “AI related holdings comprised 9 of the 10 largest markups” in Q2. - Infrastructure appreciation: +7.2% in the quarter and +29% LTM (with QTS data centers a key driver).
Fundraising & AUM momentum is strong; IPO window improving (good/opportunity) - Total inflows: nearly $70B in the quarter; >$260B over last 12 months. - AUM: $1.35T, +11% YoY (record level). - IPO activity improving: Blackstone completed 3 IPOs since May and has 8 IPOs on file globally; BXDC (stabilized data center REIT) launched recently. - Management expects IPO strength to support future realizations and performance revenue.

Exclusive for Stockcircle Pro members

Sign upSign Up
$146.75

Target Price by Analysts

14.9% upsideBlackstone Target Price DetailsTarget Price
$78.25

Current Fair Value

38.7% downside

Overvalued by 38.7% based on the discounted cash flow analysis.

Share Statistics

Market cap$154.30 Billion
Enterprise Value$151.80 Billion
Dividend Yield$4.97 (3.89%)
Earnings per Share$3.88
Beta1.58
Outstanding Shares783,356,354

Return

Return on Equity16.71%ROE
Return on Assets7.05%
Return on Invested Capital17.28%

Valuation & Multiples

P/E Ratio28.39P/E Ratio
PEG46.66PEG
Price to Sales6.08Price to Sales
Price to Book Ratio4.56Price to Book Ratio
Enterprise Value to Revenue9.15
Enterprise Value to EBIT17.61
Enterprise Value to Net Income43
Total Debt to Enterprise0
Debt to Equity0Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 23, 2026
EPS Estimate
$1.34
Average shareholder expectation
Revenue Estimate
$3.42 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 22, 2026
EPS Estimate
$1.38
Average shareholder expectation
Revenue Estimate
$3.46 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio12.6173 1091.70%
Total Calls8,100 99.92%
Total Puts102,200 99.37%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %4.41% 62.62%
Total Invested$4.67B 92.26%
Investors Holding976 1237.00%

ESG Score

No data

About Blackstone Group Inc (The)

Relevant Senate Committees

Joint Committee on Taxation

As the primary source for revenue estimates and technical analysis on tax legislation, this committee directly influences corporate tax structures, capital investment credits, and the overall tax burden on financial markets and industries, which is paramount for Blackstone's financial modeling and investment returns.

Finance

This is one of the most powerful committees for Blackstone. Its control over taxation directly impacts corporate valuations, investment returns, and capital gains for Blackstone and its investors. Trade policy and entitlement spending also significantly affect various sectors in which Blackstone invests.

Appropriations

This committee directly allocates discretionary federal spending. Its decisions determine cash flow for defense programs, scientific research, and infrastructure, directly impacting the order books and valuations of numerous companies within Blackstone's diverse portfolio.

Agriculture, Nutrition, and Forestry

Its oversight of the CFTC means direct regulation of the massive derivatives/futures markets, which are integral to financial institutions like Blackstone for risk management and investment strategies. Its role in defining cryptocurrencies is also increasingly significant.

Health, Education, Labor, and Pensions

This committee's regulation of the FDA and NIH directly influences Blackstone's substantial investments in the pharmaceutical and biotech sectors. Its impact on labor laws also affects operating costs across all of Blackstone's portfolio companies.

Judiciary

This committee's oversight of antitrust laws and M&A approvals directly impacts Blackstone's core private equity acquisition strategies and the competitive landscape for its portfolio companies. Intellectual property is also broadly relevant across its investments.

Banking, Housing, and Urban Affairs

This is a primary regulatory body for Blackstone, overseeing the SEC (which regulates investment advisors), bank capital requirements (impacting deal financing), and real estate markets (a massive part of Blackstone's portfolio). Cryptocurrency regulation is also increasingly relevant.

Budget

The committee's influence on the macroeconomic environment, sovereign debt levels, and the passage of major spending packages directly impacts the capital markets, interest rates, and overall investment climate crucial for Blackstone.

Commerce, Science, and Transportation

With vast jurisdiction over interstate commerce, the FCC, and FTC, this committee directly impacts industries like 'Big Tech', aerospace, and telecommunications, where Blackstone has substantial investments through its various funds.

Foreign Relations

This committee's influence on global markets through sanctions, energy prices, and international banking directly impacts Blackstone's diverse global investment portfolio, including private equity, real estate, and credit assets.