Blackstone Inc.(BX)Stock Analysis
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Rank #112 of 2,961 stocksTOP 5%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
Unusual Activity in BX
Events flagged as statistical outliers against BX's own multi-year baseline — not fixed dollar thresholds.
BX Stock Analysis & AI Quality Score
Data updated 2026-09-11AI stock analysis and institutional research for Blackstone Inc. (BX), a Financials sector company. 13F Pro's AI-powered ranking engine scores BX at 74.4/100 on a 32-signal composite quality model, placing it at rank #112 of 2,961 stocks — the top 5% of the AI-ranked universe. BX scores in the top quartile across revenue scale (90.9), free cash flow (87.3), profitability (79.9). Shareholder dilution risk is elevated at 16.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Blackstone Inc. reports quarterly revenue of $5.0B, net income of $1.2B, an operating margin of 55.7%. Top institutional holders of BX by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, MORGAN STANLEY, based on the most recent SEC filings. BX trades on the NYSE exchange and files with the SEC under CIK 1393818. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Blackstone Inc. directly from SEC EDGAR. Blackstone Inc.'s 13F Pro composite quality score has ranged between 46 and 88 since 2021, currently 74.4 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.
What's Driving BX's Business? Latest 10-Q Breakdown
✓ 35/35 datapoints verifiedAI-extracted from Blackstone Inc.'s 10-Q filed 2026-08-07 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Total GAAP revenue rose 36% to $5.0B as realized Performance Allocations jumped 65% to $1.4B, lifting net income attributable to Blackstone 61% to $1.2B.
Biggest Revenue Drivers
Higher realized gains in BREP and Core+ real estate funds plus unrealized appreciation in those funds
Credit & Insurance up $102.1M on capital markets advisory fees; Private Equity up $88.3M on higher fee-earning AUM in BXPE, BIP and BXINFRA
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q2 2026
$5.0B
Net Income
Q2 2026
$1.2B
Free Cash Flow
Q2 2026
$1.9B
Operating Margin
Q2 2026
55.7%
ROIC
Q2 2026
50.3%
D/E Ratio
Q2 2026
1.48
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · ProRevenue
+9.2% YoYNet Income
+8.7% YoYEPS (Diluted)
+6.9% YoYTotal Assets
+9.8% YoYTotal Debt
+9.7% YoYOp. Cash Flow
+33.9% YoYFree Cash Flow
+33.0% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $14.45B +9.2% | $13.23B +64.9% | $8.02B -5.8% | $8.52B -62.3% | $22.58B +270.0% | $6.10B |
| Net Income | $3.02B +8.7% | $2.78B +99.6% | $1.39B -20.4% | $1.75B -70.2% | $5.86B +460.3% | $1.05B |
| EPS (Diluted) | $3.87 +6.9% | $3.62 +96.7% | $1.84 -22.0% | $2.36 -71.0% | $8.13 +442.0% | $1.50 |
| Total Assets | $47.71B +9.8% | $43.47B +7.9% | $40.29B -5.3% | $42.52B +3.2% | $41.20B +56.8% | $26.27B |
| Total Debt | $12.58B +9.7% | $11.46B -1.3% | $11.61B -7.1% | $12.49B +59.0% | $7.86B +37.0% | $5.73B |
| Operating Cash Flow | $4.66B +33.9% | $3.48B -14.2% | $4.06B -36.0% | $6.34B +59.0% | $3.99B +105.9% | $1.94B |
| Free Cash Flow | $4.55B +33.0% | $3.42B -10.8% | $3.83B -37.2% | $6.10B +55.6% | $3.92B +115.0% | $1.82B |
AI Insight: BX Financial Trends
Q2 2026 revenue and net income reached record levels, but debt has climbed 23% since Q3 2024 while operating cash flow remains volatile.
• Q2 2026 revenue of $5,044M and net income of $1,229M are the highest in the dataset; net income up 97% YoY from Q2 2025.
• Total debt increased from $10,886M in Q3 2024 to $13,319M in Q2 2026, a 22% rise; equity grew 29% over the same period.
• Operating cash flow surged to $1,941M in Q2 2026, strongest in the dataset, though prior quarters averaged $1,009M.
⚠ Operating cash flow is highly volatile, ranging from $161M to $1,941M quarterly; no consistent trend evident.
⚠ Debt-to-equity ratio rose from 1.55x in Q3 2024 to 1.48x in Q2 2026; leverage remains elevated amid debt growth.
AI Insight: BX Ratio Trends
Q2 2026 delivers peak profitability with OpMargin 55.7%, NPM 24.4%, and ROIC surging to 50.3%—best returns in two years.
• Operating margin expanded to 55.7% in Q2 2026 from 40.2% in Q1 2026; net profit margin climbed to 24.4% from 18.0%.
• ROIC jumped 23.6 percentage points quarter-over-quarter to 50.3% in Q2 2026, highest since Q3 2024's 40.5%.
• ROE reached 54.5% in Q2 2026, ROA 9.8%—both best-in-period levels, indicating strong capital efficiency recovery.
⚠ Q1 2026 saw sharp margin compression (OpMargin 40.2%, ROIC 26.7%), suggesting seasonal weakness or one-time headwinds.
⚠ Leverage ticked up to 1.60 D/E in Q1 2026 from 1.45, though Q2 2026 improved to 1.48—monitor ratio stability.
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Available Research
13F Pro tracks comprehensive data for Blackstone Inc. including:
Top Institutional Holders of BX
BlackRock, Inc.
$6.1B51,943,245 shVANGUARD CAPITAL MANAGEMENT LLC
$5.7B48,510,319 shMORGAN STANLEY
$4.1B34,842,332 shSTATE STREET CORP
$3.8B32,463,609 shCHARLES SCHWAB INVESTMENT MANAGEMENT INC
$2.8B23,500,355 shJPMORGAN CHASE & CO
$2.2B19,156,246 shGEODE CAPITAL MANAGEMENT, LLC
$2.2B18,366,521 shVANGUARD PORTFOLIO MANAGEMENT LLC
$1.9B15,767,752 shCapital Research Global Investors
$1.6B13,195,066 shBANK OF AMERICA CORP /DE/
$1.4B11,594,914 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $6.1B | 51,943,245 |
| VANGUARD CAPITAL MANAGEMENT LLC | $5.7B | 48,510,319 |
| MORGAN STANLEY | $4.1B | 34,842,332 |
| STATE STREET CORP | $3.8B | 32,463,609 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $2.8B | 23,500,355 |
| JPMORGAN CHASE & CO | $2.2B | 19,156,246 |
| GEODE CAPITAL MANAGEMENT, LLC | $2.2B | 18,366,521 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1.9B | 15,767,752 |
| Capital Research Global Investors | $1.6B | 13,195,066 |
| BANK OF AMERICA CORP /DE/ | $1.4B | 11,594,914 |
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Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.
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Popular Research
Is BX a good stock to buy?
13F Pro's AI-powered analysis of Blackstone Inc. (BX) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BX are available on the BX stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. BX is classified as a large company.
Which hedge funds own BX?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BX. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Blackstone Inc.'s investment landscape.