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Blackstone Group Inc

Financial Services US BX

169.48USD
-2.22(1.29%)

Last update at 2024-12-19T18:54:00Z

Day Range

168.88174.59
LowHigh

52 Week Range

109.63200.96
LowHigh

Fundamentals

  • Previous Close 171.70
  • Market Cap224807.32M
  • Volume3064687
  • P/E Ratio63.48
  • Dividend Yield1.84%
  • Revenue TTM11138.28M
  • Revenue Per Share TTM14.51
  • Gross Profit TTM 7053.22M
  • Diluted EPS TTM2.92

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 3461.79M 13559.40M 2617.52M 3818.01M 3512.94M
Minority interest -1241.27800M -6517.59800M 203.22M 476.66M 356.77M
Net income 2988.91M 12375.00M 2261.51M 3865.97M 1541.79M
Selling general administrative 1123.35M 928.22M 724.65M 697.15M 673.36M
Selling and marketing expenses - - - - -
Gross profit 3600.18M 8302.23M 2644.41M 3106.07M 3121.57M
Reconciled depreciation 67.10M 74.87M 71.05M 71.00M 59.02M
Ebit 2537.74M 7041.80M 1401.38M 2001.73M 1955.17M
Ebitda 2604.83M 7116.67M 1472.43M 2072.73M 2014.19M
Depreciation and amortization 67.10M 74.87M 71.05M 71.00M 59.02M
Non operating income net other -82.85900M 458.87M -4.84100M 444.40M 191.72M
Operating income 2537.74M 7041.80M 1401.38M 2001.73M 1955.17M
Other operating expenses 3670.84M 3092.95M 2615.65M 2355.91M 2283.32M
Interest expense 317.23M 198.27M 166.16M 199.65M 163.99M
Tax provision 472.88M 1184.40M 356.01M -47.95200M 249.39M
Interest income 105.14M 461.62M 30.54M 182.40M 171.95M
Net interest income -45.61300M -37.62500M -40.93100M -17.25000M 7.96M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 472.88M 1184.40M 356.01M -47.95200M 249.39M
Total revenue 7132.63M 16652.35M 5233.17M 6173.92M 5796.26M
Total operating expenses 3670.84M 3092.95M 2615.65M 2355.91M 2283.32M
Cost of revenue 3532.45M 8350.13M 2588.76M 3067.86M 2674.69M
Total other income expense net 924.05M 6517.60M 1216.14M 1816.29M 1557.77M
Discontinued operations - - - - -
Net income from continuing ops 2988.91M 12375.00M 2261.51M 3865.97M 3263.55M
Net income applicable to common shares 1747.63M 5857.40M 1045.36M 2049.68M 1541.79M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 40287.53M 42524.23M 41196.41M 26269.25M 32585.51M
Intangible assets 201.21M 217.29M 284.38M 347.95M 397.51M
Earning assets - - - - -
Other current assets -7931.94900M -8156.99800M 1764.56M -5156.02700M -2594.87300M
Total liab 22212.32M 22843.16M 19490.36M 11678.74M 17482.45M
Total stockholder equity 6816.80M 7655.91M 9422.89M 6652.04M 7009.78M
Deferred long term liab - - - - -
Other current liab -2440.26100M -1158.07100M -937.16900M -717.10400M -806.15900M
Common stock 0.00700M 0.00700M 0.00700M 0.00700M 0.00700M
Capital stock 0.00700M 0.00700M 0.00700M 0.00700M 0.00700M
Retained earnings 660.73M 1748.11M 3647.78M 335.76M 609.62M
Other liab - 2272.11M 1906.10M 1135.04M 1054.03M
Good will 1890.20M 1890.20M 1890.20M 1901.48M 1869.86M
Other assets -31293.59500M 3104.89M 1764.56M 1430.74M 1614.13M
Cash 3272.06M 4252.00M 2119.74M 1999.48M 2172.44M
Cash and equivalents - 4252.00M 2119.74M 1999.48M 2172.44M
Total current liabilities 2440.26M 1158.07M 937.17M 717.10M 806.16M
Current deferred revenue - - - - -
Net debt 9021.82M 9208.98M 6594.44M 4342.82M 9605.39M
Short term debt 163.00M 93.77M 57.98M 657.62M 154.12M
Short long term debt - - - - -
Short long term debt total 12293.88M 13460.98M 8714.18M 6342.31M 11777.83M
Other stockholder equity 6156.06M 5935.27M 5775.10M 6316.27M 6400.15M
Property plant equipment - 896.98M 788.99M 526.94M 625.54M
Total current assets 7931.95M 8861.61M 7413.22M 6087.16M 5742.39M
Long term investments 26317.51M 27553.25M 28665.04M 15617.14M 22281.68M
Net tangible assets - 7263.43M 7248.31M 4467.76M 4830.07M
Short term investments - 27553.25M 28665.04M - -
Net receivables 4659.89M 4609.61M 5293.48M 4087.67M 3569.95M
Long term debt - 12349.58M 7748.16M 5644.65M 11080.72M
Inventory - - - - -
Accounts payable 2277.26M 1158.07M 937.17M 717.10M 806.16M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - 10310.15M 12215.12M 7873.31M 8005.62M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -19.13300M -27.47500M -19.62600M -15.83100M -28.49500M
Additional paid in capital - - - - -
Common stock total equity - 0.00700M 0.00700M 0.00700M 0.00700M
Preferred stock total equity - - - - -
Retained earnings total equity - 1748.11M 3647.78M 335.76M 609.62M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -29792.98200M -2062.72200M -1581.63700M -1242.57600M -1089.30500M
Deferred long term asset charges - - - - -
Non current assets total 63649.18M 30557.72M 32018.63M 18751.35M 25228.99M
Capital lease obligations - - - - -
Long term debt total - 12349.58M 7748.16M 5644.65M 11080.72M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -235.49700M -64.31600M -166.82000M -60.28000M -116.59600M
Change to liabilities -1922.20800M -1499.67700M -1029.02400M -852.45700M -357.58200M
Total cashflows from investing activities -235.49700M -64.31600M -166.82000M -60.28000M -116.59600M
Net borrowings 3240.78M 2222.54M 886.75M 1146.33M 2209.05M
Total cash from financing activities -3794.45500M -3776.59000M -2244.03600M -1921.37900M -1330.18600M
Change to operating activities 3727.45M 1750.10M 230.81M 1077.95M -1489.91700M
Net income 2988.91M 12375.00M 2261.51M 3865.97M 3263.55M
Change in cash 2293.98M 135.28M -459.19500M -21.51000M -1391.32800M
Begin period cash flow 2199.73M 2064.46M 2523.65M 2545.16M 3936.49M
End period cash flow 4493.72M 2199.73M 2064.46M 2523.65M 2545.16M
Total cash from operating activities 6336.25M 3985.99M 1935.94M 1963.11M 45.74M
Issuance of capital stock - - - - -
Depreciation 67.10M 74.87M 71.05M 71.00M 59.02M
Other cashflows from investing activities 0.00000M 0.00000M -55.17000M 0.00000M -98.21900M
Dividends paid -6518.78500M -4602.57400M -2385.57600M -2396.74400M 3046.40M
Change to inventory - - - - 314.55M
Change to account receivables 177.83M 288.31M 70.05M -237.75100M 43.04M
Sale purchase of stock -465.95600M -1272.77400M -504.91200M -585.34000M -567.16100M
Other cashflows from financing activities 3471.05M 2098.76M -240.29500M -85.62600M 74.33M
Change to netincome 1333.65M -1189.23200M 551.44M -355.59700M 225.50M
Capital expenditures 235.50M 64.32M 111.65M 60.28M 18.38M
Change receivables 832.12M -836.36100M -332.43500M -689.05300M -
Cash flows other operating 3036.68M -4938.60800M 413.41M -76.75200M -
Exchange rate changes - - - - -
Cash and cash equivalents changes 2306.30M 145.08M -474.91100M -18.55200M 4637.68M
Change in working capital -1085.14800M -2340.83000M -1641.70700M -1591.52700M -2102.11600M
Stock based compensation 931.29M 6159.53M 715.59M 1234.45M 1053.69M
Other non cash items 3434.11M -6123.04800M 1245.09M -382.33200M 904.53M
Free cash flow 6100.76M 3921.67M 1824.30M 1902.83M 27.36M

Peer Comparison

Sector: Financial Services Industry: Asset Management

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x)
BX
Blackstone Group Inc
-2.22 1.29% 169.48 63.48 31.95 20.18 20.26 16.48
BLK
BlackRock Inc
2.38 0.23% 1022.68 34.48 22.47 6.68 3.04 6.82 15.82
APO
Apollo Global Management LLC Class A
3.70 2.21% 171.14 18.23 20.92 3.08 6.11 2.73 14.76
KKR
KKR & Co LP
1.06 0.74% 144.03 29.90 16.84 4.76 3.56 2.50 4.66
IVSBF
Investor AB ser. B
0.0012 0.0044% 27.07 6.10 - 0.41 1.04 0.24 1.68

Reports Covered

Stock Research & News

Profile

Blackstone Inc. is an alternative asset management firm specializing in private equity, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage, seed, middle market, mature, late venture and later stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts, recapitalization, special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, infrastructure, enterprise tech and consumer, as well as consumer technologies. The firm considers investment in Asia and Latin America. It seeks to invest between $0.25 million and $900 million per transaction. It invests in companies with enterprise value between $500 million and $5000 million. It has a three year investment period. The firm prefers to take majority and minority stakes. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, sub

Blackstone Group Inc

345 Park Avenue, New York, NY, United States, 10154

Key Executives

Name Title Year Born
Mr. Stephen Allen Schwarzman B.A., M.B.A. Chairman, CEO & Co-Founder 1947
Mr. Jonathan D. Gray CIMA Gen. Partner, Pres, COO & Director 1969
Mr. Michael S. Chae J.D. Chief Financial Officer 1968
Mr. John Gary Finley Chief Legal Officer 1957
Mr. Joseph Patrick Baratta Global Head of Private Equity & Director 1971
Mr. William J. Stein Sr. Managing Director of Real Estate- New York 1962
Mr. Robert Christopher Heady Sr. MD - Hong Kong, Head of Asia Real Estate & Chairman of Asia Pacific NA
Mr. Prakash Arjandas Melwani Sr. MD & Chief Investment Officer of Private Equity - New York 1958
Mr. Michael B. Nash Sr. MD of Real Estate & Co-Founder and Chairman of Blackstone Real Estate Debt Strategies 1961
Mr. James Carnegie Former Sr. Managing Director of Private Equity - Sydney NA

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