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

Earnings data Q3 2022

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

Blackstone is the largest private equity company globally, with CEO Stephen Schwarzman earning a significant income. The company has seen significant growth in various sectors, including real estate, private wealth management, and infrastructure, with a focus on AI and renewable energy. Blackstone has a strong financial position, with impressive fee-related earnings, AUM growth, and dividend payments.

Playing Real-Life Monopoly With Blackstone

Prologis

Rexford Industrial Realty

SBA Communications

Uniti Group

Vanguard Real Estate ETF

REITs are finally surging! Interest rates are expected to be cut significantly in the near term. I explain why I think that this is just the beginning of the rally.

Let The REIT Rally Begin

Blackstone Inc. more than doubled its real-estate investment activity to $10 billion in the second quarter, as the private-equity firm continues to see a bottoming out in the broader commercial real-estate sector.

Blackstone steps up real-estate investments — but challenges remain in office sector

Blackstone Inc BX reported an increase in earnings for its second quarter fiscal year 2024 on Thursday.

These Analysts Increase Their Forecasts On Blackstone Following Q2 Results

Blackstone said its corporate private-equity returns in the year ending in June were 11.3%. That compares to a 24.5% total return for the S&P 500.

Blackstone's Private-Equity Returns Trailing the S&P 500

Blackstone is launching two new funds for wealthy individual investors in credit and infrastructure. Blackstone's largest fund for individual investors, BREIT, has come under fire from critics.

Blackstone is doubling down on its efforts to woo the wealthy with 2 new funds, flying in the face of BREIT critics

Blackstone Inc. (NYSE:BX ) Q2 2024 Earnings Call Transcript July 18, 2024 9:00 AM ET Company Participants Steve Schwarzman - Chairman, CEO Jon Gray - President, Chief Operating Officer Michael Chae - Chief Financial Officer Weston Tucker - Head of Shareholder Relations Conference Call Participants Craig Siegenthaler - Bank of America Alex Blostein - Goldman Sachs Glenn Schorr - Evercore ISI Crispin Love - Piper Stanler Brian Bedell - Deutsche Bank Ken Worthington - JPMorgan Dan Fannon - Jefferies Benjamin Budish - Barclays Brennan Hawken - UBS Bill Katz - TD Cowen Patrick Davitt - Autonomous Research Arnaud Giblat - BNP Operator Good day, and welcome to the Blackstone Second Quarter 2024 Investor Call. Today's call is being recorded.

Blackstone Inc. (BX) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for Blackstone Inc. (BX) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Blackstone Inc. (BX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Blackstone (BX) records a y/y rise in segment revenues in the second quarter of 2024.

Blackstone (BX) Q2 Earnings Miss, Stock Dips as Costs Rise

Blackstone Inc. (BX) came out with quarterly earnings of $0.96 per share, missing the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $0.93 per share a year ago.

Blackstone Inc. (BX) Lags Q2 Earnings Estimates

Blackstone said on Thursday its second-quarter distributable earnings rose 3% from a year earlier, as a jump in asset sales in its private equity and credit divisions more than offset a slump in its real estate arm.

Blackstone posts modest Q2 profit jump on private equity, credit gains

Blackstone (BX) is expected to have recorded a y/y rise in the AUM balance in the second quarter of 2024, driven by increased client activity.

What's in the Cards for Blackstone (BX) in Q2 Earnings?

NEW YORK & FARIBAULT, Minn.--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) entered into a definitive agreement to acquire Trystar, a premier provider of electrical equipment used for backup power solutions. Trystar designs and manufactures critical electrical power solutions for data center, industrial, commercial, healthcare, and utility end markets. The company's product offerings help to ensure power reliability, wh.

Blackstone to Acquire Trystar, Premier Provider of Backup Power Solutions

Camden Property

Essential Properties Realty Trust Inc

First Industrial Realty Trust

Medical Properties Trust

Vici Properties

Many investors think that Fed controls the destiny of REITs. If rates remain high, REITs are screwed. If they are cut, REITs will recover. I disagree. Here's why I expect REITs to thrive even in a "higher for longer" environment.

Forget The Fed, REITs Will Win In A 'Higher For Longer' Environment

NORFOLK, Va.--(BUSINESS WIRE)--Air Control Concepts (“AIR”), previously known as Hobbs & Associates, a company that partners with and supports leading commercial HVAC equipment manufacturers, announced today that it will welcome funds managed by Blackstone's private equity strategy for individual investors (“Blackstone”) as an equity investment partner alongside existing investors, funds affiliated with Madison Dearborn Partners (“MDP”) and AIR's management team, to help support the continu.

Air Control Concepts Announces Investment from Blackstone

Crown Castle International

Lennar

RCI Hospitality

Whitestone REIT

REITs have been in a bear market for two years. But we recently had some excellent news that suggests that REITs could soon recover. I present some of my favorite opportunities to buy today.

Very Good News For REIT Investors

AvalonBay Communities

Boston Properties

Farmland Partners

Global Net Lease

Mid-America Apartment Communities

National Retail Properties

Realty Income Corp

Cohen & Steers Quality Income Realty Fund

Simon Property Group

W. P. Carey

REITs and rental properties are two of the most popular methods for investing in real estate. While REITs have many advantages over rental properties, there are also some important differences between the two investments that can significantly impact the performance of the investment. I go over these differences to explain why, in some cases, rental properties may significantly outperform REITs despite the enormous advantages that REITs hold over rental properties.

What I Wish I Knew Before Investing In REITs Instead Of Rentals

Spanish gas grid operator Enagas said on Wednesday it has agreed to sell its 30.2% stake in U.S. energy infrastructure company Tallgrass Energy to U.S. investment firm Blackstone for $1.1 billion.

Spain's Enagas to sell 30.2% stake in US Tallgrass to Blackstone for $1.1 bln

Blackstone Inc has hired Tyler Dickson, the former global head of investment banking at Citigroup, to lead client relations for its credit and insurance unit, the private equity firm said on Tuesday.

Blackstone taps Citi veteran Tyler Dickson for a key role in credit business

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that Tyler Dickson, formerly Global Head of Investment Banking and Vice Chair of Banking & International at Citi, will join Blackstone Credit & Insurance (“BXCI”) in a newly created role leading client relations for the group. Dickson will oversee BXCI's Institutional Client Solutions team, serving our investors globally, and more broadly partner on BXCI's origination efforts with borrowers around the world. Gilles Dellaer.

Blackstone Credit & Insurance (BXCI) Appoints Tyler Dickson as Global Head of Client Relations

Alerian MLP ETF

VanEck Vectors BDC Income ETF

Blackstone Secured Lending Fund

Enterprise Products Partners

Energy Transfer LP Unit

Hercules Capital

Main Street Capital

MPLX

Morgan Stanley Direct Lending Fund

Blue Owl Capital Corp III

Generating tax-efficient high yields is a major priority for many retirees. This article draws on three defensive sectors to build a tax-friendly portfolio. I share some of my favorite retirement income picks to build an 8%-yielding portfolio that should grow its payout at or faster than the rate of inflation.

8%-Yielding Tax-Free Portfolio For Retirement Passive Income

Blackstone is aggressively going after REITs. They are priced at their lowest valuations in a decade. I think that the next buyout target could be First Industrial. Here's why.

Which REIT Will Blackstone Buy Out Next?

Blackstone has performed well since being added to the S&P 500, with questions remaining on M&A activity and real estate dealmaking. Despite solid management and earnings potential, the stock is close to fair value, prompting a rating shift from buy to hold. Analysts project strong EPS and revenue growth for Blackstone, with the potential for a growing dividend yield and improved valuation.

Blackstone: Lots Of Dry Powder, But Shares Near Fair Value Ahead Of Earnings

Apollo Tactical Income Fund, Inc.

Ares Dynamic Credit Allocation Fund

Ares Management

Barings BDC Inc

Blackrock Inc

Eagle Point Credit

Oxford Lane Capital

Cohen & Steers Real Estate Opportunities and Income Fund

Invesco Senior Income Trust

Steven Bavaria discusses his investing strategy, focusing on generating income through high-yield assets like closed-end funds and credit markets. He emphasizes the importance of sticking with a strategy that aligns with one's risk tolerance and long-term goals, whether it's traditional equity investing or an income factory approach.

Steven Bavaria Takes Investors Inside The Income Factory

Brookfield Asset Management

Every now and then the market offers up some fat pitches. Recently, the market has produced several opportunities that offer the rare combination of high yield and high growth, alongside having a strong balance sheet and significant competitive advantages. I share three of these highly compelling opportunities.

News for Blackstone Group Stock (BX)