Revenue segments as reported by the company.

Management and Advisory Fees, Net

Incentive Fees

Investment Income

Interest and Dividend Revenue

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Compensation and Benefits

General, Administrative and Other

Interest Expense

Fund Expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Blackstone Group

The Weather Channel is an American basic cable and satellite television channel, owned by Byron Allen's Entertainment Studios. Its headquarters are located in Atlanta, Georgia. Launched on May 2, 1982, the channel broadcasts weather forecasts and weather-related news and analysis, along with documentaries and entertainment programming related to weather. A sister network, Weatherscan, is a digital cable and satellite service that offers 24-hour automated local forecasts and radar imagery.

The Weather Channel

Hilton Worldwide, formerly Hilton Hotels Corporation, is an American multinational hospitality company that manages and franchises a broad portfolio of hotels and resorts. Founded by Conrad Hilton in 1919, the corporation is now led by Christopher J. Nassetta. Hilton is headquartered in Tysons Corner, Virginia. As of December 2017, its portfolio includes more than 5,200 properties (including timeshare properties) with over 856,000 rooms in 105 countries and territories. Prior to their December 2013 IPO, Hilton was ranked as the 36th largest privately held company in the United States by Forbes.

Hilton Worldwide

Blackstone, Inc. engages in the provision of investment and fund management services. It operates through the following segments: Real Estate, Private Equity, Credit and Insurance, and Hedge Fund Solutions. The Real Estate segment includes management of opportunistic real estate funds, Core+ real estate funds, high-yield real estate debt funds, and liquid real estate debt funds. The Private Equity segment consists of management of flagship corporate private equity funds, sector and geographically focused corporate private equity funds, core private equity funds, an opportunistic investment platform, a secondary fund of funds business, infrastructure-focused funds, a life sciences investment platform, a growth equity investment platform, a multi-asset investment program for eligible high net worth investors and a capital markets services business. The Credit and Insurance segment refers to Blackstone Credit, which is organized into two overarching strategies: private credit which includes mezzanine direct lending funds, private placement strategies, stressed and distressed strategies and energy strategies, and liquid credit which consists of CLOs, closed-ended funds, open ended funds and separately managed accounts. In addition, the segment includes an insurer-focused platform, an asset-based finance platform, and publicly traded master limited partnership investment platform. The Hedge Fund Solutions segment focuses on Blackstone Alternative Asset Management, which manages a broad range of commingled and customized hedge fund of fund solutions. It also includes a GP Stakes business and investment platforms that invest directly, as well as investment platforms that seed new hedge fund businesses and create alternative solutions through daily liquidity products. The company was founded by Stephen Allen Schwarzman in 1985 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Blackstone Group reports record earnings and eyes strategic growth

Blackstone Group (BX) showcased robust financial performance, growth in assets under management, and strong client interest in alternatives.
The company's focus on innovation, strategic positioning, and diverse product offerings bode well for continued success and expansion.
Despite market challenges, Blackstone remains optimistic about growth opportunities across various sectors, including infrastructure, real estate, and private equity.

Blackstone reports solid Q1 earnings, eyes growth in real estate

Blackstone's Q1 performance reflects resilience and strategic positioning in real estate and alternative investments, despite market challenges.
The company's strengths in risk management, consistent judgment, and competitive positioning in the private wealth space bode well for long-term success.
While facing fundraising challenges and market uncertainties, Blackstone remains focused on leveraging opportunities in real estate debt, private lending, and retail growth.

Blackstone Group excels in Q2, surpasses $1 trillion AUM

Blackstone Group's Q2 2023 earnings call highlighted strong financial performance, surpassing $1 trillion in assets under management, and significant investments in energy transition. The company's global platform, successful investment strategies, and growth in various sectors position them well for future opportunities. Challenges include regulatory impacts and ensuring margin stability amidst market conditions.

Blackstone reports stable earnings, eyes $1 trillion AUM growth

Blackstone's Q3 performance reflects stability and strength in earnings and investment appreciation, positioning the firm for future growth.
Despite challenges in certain markets and distribution limitations, Blackstone's brand strength, global insights, and dry powder offer resilience and growth potential.
The firm's strategic integration of key groups and focus on long-term performance underscore its commitment to delivering value to investors and shareholders.
Opportunities in expanding AUM, exploring new channels, and maintaining a focus on quality credit present avenues for Blackstone's continued success.

Blackstone Group excels in Q4 2023, eyes growth opportunities

Blackstone Group's Q4 2023 earnings call highlighted strong financial performance, outperforming public indices and surpassing $1 trillion in assets under management. The company anticipates a positive outlook for 2024, focusing on fee growth, margin stability, and strategic market opportunities.

Blackstone Group (BX) reports robust Q1 earnings and eyes growth opportunities

Blackstone Group (BX) delivered strong financial results in Q1 2024, showcasing growth in fee-related earnings and successful capital raising. The company faces challenges in net realizations and credit market competition but maintains disciplined underwriting standards. Opportunities lie in real estate deployment, private credit momentum, and global wealth management.

Blackstone Group reports robust Q2 performance and eyes growth opportunities

Blackstone Group (BX) delivered a strong performance in Q2 2024, driven by robust financial results across its diversified businesses and positive investment performance.
The company's strengths in fundraising achievements, infrastructure platform, and strategic investments position it well for future growth and profitability.
While facing challenges such as potential interest rate cuts and election impact, Blackstone has opportunities to leverage its strengths and drive continued success.
Overall, Blackstone Group's performance, strengths, challenges, and opportunities indicate a resilient and promising outlook for the company's future growth and value creation.

Blackstone Group reports robust Q3 earnings and eyes growth opportunities

Blackstone Group's Q3 performance reflects strong financial results, strategic investments, and market leadership. Despite challenges in the IPO market, the company is well-positioned to capitalize on growth opportunities in various business segments.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

BXSL is managed by a world-class manager with compelling return profile and downside-protected 11% dividend yield with 1.25x coverage. It is a conservatively run private credit portfolio with superior portfolio characteristics (1st lien, portcos with greater scale and stronger sponsors, non-cyclical sectors), benefitting from high interest rate environment. There is a narrow distribution of outcome for most conceivable macro scenarios (capital preservation while earning double-digit IRRs/cash yield), warranting consideration for a position in most people's portfolio.

Blackstone Secured Lending: A Great Place To Park Your Cash In 2024

LOS ANGELES--(BUSINESS WIRE)--Blackstone's planned acquisition of the single-family rental company Tricon Residential will further exacerbate the housing affordability crisis and harm tenants and workers, according to UNITE HERE Local 11, AFSCME Local 3299, the Alliance of Californians for Community Empowerment (ACCE) and the Private Equity Stakeholder Project (PESP). As Blackstone seeks to grow as a landlord, workers at its hotel properties struggle to afford rent. Workers at the Blackstone-ow.

UNITE HERE Local 11: Proposed $3.5 Billion Deal by Landlord and Hotel Owner Blackstone Group Could Worsen Housing Crisis

Private equity group Blackstone-owned Indian home loans provider, Aadhar Housing Finance, is targeting a $600-650 million initial public offering (IPO) at a valuation of up to $3 billion, two people with direct knowledge said on Tuesday.

Blackstone's Aadhar Housing Finance targets $600 mln India IPO-sources

Berkshire Hills Bancorp

CNX Resources

BHLB, BX and CNX have been added to the Zacks Rank #5 (Strong Sell) List on January 30, 2024.

New Strong Sell Stocks for January 30th

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that Thomas R. Nides, former long-time Vice Chairman of Morgan Stanley, Deputy Secretary of State, and Ambassador to Israel has joined the firm as Vice Chairman, Strategy and Client Relations. In this new role, Mr. Nides will support a variety of strategic firmwide initiatives and special projects, as well as focus on senior client relationships globally. Stephen A. Schwarzman, Co-Founder, Chairman and CEO said: “We are delighted.

Blackstone Announces Thomas R. Nides as Vice Chairman, Strategy and Client Relations

The former Morgan Stanley executive and ambassador to Israel will focus on strategic initiatives and client relationships.

Thomas Nides to Join Blackstone as Vice Chairman

Broadcom

Palo Alto Networks

Broadcom's transformational deal will drive supercharged growth this year. Palo Alto Networks is capitalizing on the robust demand for cybersecurity solutions.

3 Top Stocks I Want to Buy if the Bull Market Takes a Breather in 2024

Alerian MLP ETF

VanEck Vectors BDC Income ETF

Vanguard Total Bond Market ETF

Blackstone Secured Lending Fund

Enbridge

Energy Transfer LP Unit

JPMorgan Equity Premium Income ETF

Kinder Morgan

Global X MLP ETF

Global X MLP & Energy Infrastructure ETF

Virtus InfraCap U.S. Preferred Stock ETF

Cohen & Steers Quality Income Realty Fund

SPDR S&P 500 ETF Trust

Cohen & Steers Infrastructure Fund Inc

Vanguard Real Estate ETF

Utilities Select Sector SPDR Fund

Passive income investing could help supercharge your retirement. We discuss why and how to invest to achieve a $100,000 sustainable passive income stream in retirement with just $1.1 million in principal.

A 9%-Yielding Portfolio With Low-Risk Dividends For Sustainable Passive Income

Blackstone's flagship property fund spent 2023 trying to staunch the flow of shareholder cash out the door. A quiet spell for fundraising is its next challenge.

For Blackstone's Property Fund, Resilient Valuations Might Have a Downside

A third of the assets overseen by Blackstone are in real estate, and vehicles like its unlisted Blackstone real estate trust suffered declines and redemptions through the year.

Blackstone Ends Bumpy Year With More Assets, but Lower Fee Revenue

Blackstone Inc. (BX) Q4 2023 Earnings Call Transcript

Blackstone Inc. is a leading alternative asset manager with a high valuation and not very high yield. Blackstone Secured Lending Fund is a more attractive and less expensive Blackstone entity. BX relies heavily on the performance of assets, while BXSL is not as dependent on performance fees and allocations.

Blackstone? I'm Buying The Other One

While the top- and bottom-line numbers for Blackstone Inc. (BX) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Blackstone Inc. (BX) Q4 Earnings

Higher segment revenues and AUM balance, and a fall in GAAP expenses support Blackstone's (BX) Q4 earnings.

Blackstone (BX) Stock Gains as Q4 Earnings Beat Estimates

Blackstone Inc reported a 4% rise in its fourth-quarter distributable earnings on Thursday, as the world's largest private equity firm cashed out on more of its assets across real estate, credit, and hedge funds.

Blackstone's fourth-quarter earnings rise 4% as asset sales pick up

Besides Wall Street's top -and-bottom-line estimates for Blackstone Inc. (BX), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Countdown to Blackstone Inc. (BX) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS

Apple

Agnico Eagle Mines

Ares Capital

Brookfield Asset Management

BHP Billiton

Brookfield Corp

Carlyle Group

Freeport-McMoRan

General Dynamics

SPDR Gold Trust

Huntington Ingalls Industries

iShares Gold Trust

Coca-Cola

Leggett & Platt

L3Harris

Lockheed Martin

Main Street Capital

McDonald's

Newmont Mining

PepsiCo

The peace dividend is likely about to be "cut." We look at the ramifications of a peace dividend cut on the stock market and dividend stocks in particular. We share how we are preparing our portfolio for such a scenario.

Peace Dividend Cut Alert: Important Warning To Passive Income Investors

Revenue growth driven by higher management and advisory fees and performance fees is expected to have offered some support to Blackstone's (BX) Q4 earnings amid a tough operating backdrop.

What's in the Cards for Blackstone (BX) in Q4 Earnings?

NEW YORK & IRVINE, Calif.--(BUSINESS WIRE)--Blackstone (NYSE: BX) and Salas O'Brien (the “Company”), a leading employee-owned engineering and technical services firm, announced today a partnership where funds managed by Blackstone have made a strategic minority growth investment to help accelerate the Company's continued expansion within the fast-growing architectural, engineering, and construction (AEC) market. Salas O'Brien will continue to be majority owned by its team members. “Salas O'Brie.

Blackstone Announces Minority Growth Investment in Salas O'Brien

Tricon Residential

Tricon Residential Inc.'s stock jumped 28% on Friday after Blackstone Inc. said it would buy the Canadian real-estate-investment company and take it private for $3.5 billion.

Tricon's stock rallies 28% on $3.5 billion buyout deal by Blackstone

Tricon Residential Inc (TSE: TCN) opened sharply up on Friday after Blackstone Inc (NYSE: BX) said it will buy the real estate company for about $3.5 billion. Details of Tricon-Blackstone agreement The all-cash agreement values each share of Tricon Residential at $11.25 (C$15.17).

Blackstone to spend $3.5 billion on buying a real estate company

Investment management company Blackstone has agreed to take Canadian real estate firm Tricon Residential private for $3.5 billion, the companies said on Friday.

Blackstone to take Tricon Residential private for $3.5 billion

NEW YORK & TORONTO--(BUSINESS WIRE)--Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced that they have entered into an arrangement agreement (the “Arrangement Agreement”) under which Blackstone Real Estate Partners X together with Blackstone Real Estate Income Trust, Inc. (“BREIT”) will acquire all outstanding common shares of Tricon (“Common Shares”) for $11.25 (approximately C$15.17) per Common Share in cash (the “Transaction”).

Blackstone Real Estate to Take Tricon Residential Private

The CEO told Barron's that data from his portfolio companies suggest inflation is already near 2%.

Don't Watch the CPI. Inflation Is Lower, Says Blackstone's Steve Schwarzman.

The latest trading day saw Blackstone Inc. (BX) settling at $117.09, representing a +0.09% change from its previous close.

News for Blackstone Group Stock (BX)