Company Analysis

Blackstone Inc. (BX)

NYSE: BX · Investment Advice · New York, NY · filing with the SEC since 2007
Grade6.0
◀ Past 4.5● Present 8.0▶ Future 5.0

The grade of Blackstone Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.0/10
◀ Past4.530% of the headline
● Present8.040% of the headline
▶ Future5.030% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

4.5/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
2.4/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2019-07-01.

weight 22% of this tense · 24th percentile among 48 sector filers · read for itself

From the record

Blackstone Inc.'s filings since 2017 show 1 warning event: a notice about its exchange listing (8-K item 3.01, the latest 2019-07-01) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
4.5/10

What has it actually done, year after year?

+12.2% a year over 10 filed years; profitable in 10 of 10.

weight 45% of this tense · 45th percentile among 42 sector filers · read for its customers

From the record

Blackstone Inc.'s 10 filed years say what it did: revenue went from $5.1 billion in fiscal 2016 to $14 billion in fiscal 2025, up 12.2% a year; it rose in 5 of 9 years; the deepest fall was 64% from fiscal 2021 to fiscal 2023; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span12.2%top 42% of its family
  • the share of years revenue rosebottom 29% of its family
  • the share of filed years with a profittop 25% of its family
  • the deepest fall from a revenue peak64.5%bottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.0/10

How has it treated the people who own it?

Share count grew 1.7% a year. 100% of cash flow returned. Insiders: 9 sales, 12 purchases.

weight 33% of this tense · 60th percentile among 36 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Blackstone Inc.'s diluted share count grew about 1.7% a year, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 9 sales and 12 purchases of their own stock on the open market in the year to 2026-11-12, buying about $240 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 35% of its family
  • cash returned against operating cash flowtop 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

8.0/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.4/10

Is it financially healthy right now?

ROE 70%: 70¢ of profit per shareholder dollar. Leverage 82%: owes 82¢ per asset dollar.

weight 22% of this tense · 54th percentile among 44 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Blackstone Inc. earned about 70 cents of profit for every dollar of shareholders' money. Leverage: it owed about 82 cents per dollar of assets, and net share issuance: its share count grew 1.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 24% of its family
  • return on equitytop 4% of its family
  • the share count against the year beforebottom 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
8.8/10

How strong is its position in its industry?

top 11% of 43 in its family; net margin 41.8%.

weight 45% of this tense · 89th percentile among 43 sector filers · read for its customers

From the record

Blackstone Inc.'s standing among 43 graded names in its industry family: revenue of $14 billion in fiscal 2025 ranks in the top 9% by size; a net margin of 41.8% ranks in the top 10%; revenue growth of 19.3% a year over the last 3 filed years ranks in the top 15% (its annual reports).

What it rests on

  • revenue against the family$14.45Btop 9% of its family
  • net margin41.8%top 10% of its family
  • three-year revenue growth19.3%top 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
8.4/10

What are the people in charge doing?

top 15% of 34 in its family for leadership; chief executive since 2007.

weight 33% of this tense · 85th percentile among 34 sector filers · read for its shareholders

From the record

Blackstone Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Schwarzman, Stephen A (Chairman and CEO, as filed), filing under that title since 2007-06-21, 19.4 years (top 13% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 10.8 years (top 14%); 2 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (top 20%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge2 in three years among 12 peopletop 20% of its family
  • the median years the people in charge have filed10.8 yearstop 14% of its family
  • the chief executive's years on the record19.4 yearstop 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.0/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.3/10

How much room does it have to grow?

bottom 43% of 42 in its family for room to expand.

weight 33% of this tense · 43rd percentile among 42 sector filers · read for itself

From the record

Blackstone Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $2.6 billion against debt of $13 billion leaves -20.8% of its assets as net cash, bottom 14% of its family; cash from operations less capital spending is 31.5% of revenue (top 29%) (its annual report).

What it rests on

  • cash less debt against assets-20.8%bottom 14% of its family
  • cash from operations less capital spending against revenue31.5%top 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.2/10

What could actually drive growth from here?

top 48% of 41 in its family for growth drivers.

weight 33% of this tense · 52nd percentile among 41 sector filers · read for its customers

From the record

Blackstone Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 19.3% a year over the last three filed years against 12.2% over all 10, speeding up (top 18% of its family); the newest year grew 9.2% (top 45%); capital spending grew -21.1% a year (bottom 19%) (its annual reports). Blackstone Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+7.1 points a yeartop 18% of its family
  • the newest year's revenue growth9.2%top 45% of its family
  • three-year growth of capital spending-21.1%bottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.6/10

Did its newest year beat what its own record pointed to?

top 44% of 41 in its family for expectations against reality.

weight 33% of this tense · 56th percentile among 41 sector filers · read for its shareholders

From the record

Blackstone Inc.'s newest year against its own record: revenue of $14 billion in fiscal 2025 came in 12.3% below the $16 billion its prior three years' pace pointed to (bottom 22% of its family); net income of $6.0 billion against a prior three-year average of $3.6 billion (top 28%); a net margin of 41.8% against 35.6% before (top 26%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-12.3%bottom 22% of its family
  • net income against the prior three years' average+67%top 28% of its family
  • net margin against its prior average+6.3 pointstop 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BX · research, not advice