Stock Analysis
Blackstone Inc.BX
P/E 22.74×· 5Y range 12.37–112.39×· bottom 22% of history
Sector: Financial Services · Industry: Investment Advice
AnalystsBuy33 analystsP/E 22.7× sits at the 22nd percentile of its 5.0978781656399725-year history.
Cash covers 19% of debt · Q2 2024.
PMP Verdict
Mixed fundamentals, cheap valuation
Strengths
- Profitability100
- Quality77
Risks
- Growth20
- Financial Health43
Mixed business trading cheap — priced for skepticism.
Market context
-2.4% today· Z 0.8σ
Bull Case
- ✓ROE 40.6% — efficient capital deployment
- ✓Interest coverage 14.0× — debt well covered
- ✓P/E 22.7× at bottom 22% of 5-year history
What's happening with BX
Profile
Strong profitability, moat and earnings quality; growth and financial health lag behind.
How is each axis scored?
- Valuation62/100 · Moderate
- P/E vs own history (22th pct)20/25
- FCF yield (6.4%)20/25
- P/S (5.3x)12/25
- EV/EBIT (n/a)10/25
- Growth20/100 · Weak
- Revenue CAGR (-10.6%)0/25
- Net income CAGR (-15.3%)0/25
- EPS CAGR 5Y (-16.9%)0/25
- Fwd implied growth (29.7%)20/25
- Profitability100/100 · Strong
- ROIC (101.6%)25/25
- ROE (40.6%)25/25
- Net margin (21.8%)25/25
- Operating margin (48.2%)25/25
- Financial Health43/100 · Weak
- Altman Z (2.74)18/25
- Current ratio (0.68)0/25
- Interest coverage (14.0x)25/25
- Net cash / debt (n/a)0/25
- Quality77/100 · Strong
- Piotroski F (5/9)15/25
- Beneish M (-3.73)25/25
- FCF conversion (156%)25/25
- Margin stability (σ 10.1%)12/25
- Moat88/100 · Strong
- ROIC >12% years (7/7 yrs)25/25
- Median gross margin (46.3%)20/25
- FCF-positive years (8/10 yrs)18/25
- Worst-year net margin (worst 17.1%)25/25
Risk Flags
- ⚠SBC 9.5% of revenue — real dilution cost
- ⚠Revenue shrinking 10.6%/yr
About Blackstone Inc.
Blackstone is the world's largest alternative-asset manager with $1. Show more
304 trillion in total assets under management, including $937.6 billion in fee-earning assets under management, at the end of March 2026. The company operates with scale in each of its major product lines: private equity (27% of fee-earning AUM and 34% of base management fees), real estate/real assets (30% and 33%), credit and insurance (33% and 26%), and other alternatives (10% and 7%). While the firm primarily serves institutional investors (84% of AUM), it also caters to clients in the high-net-worth channel (16%). Blackstone operates through 25 offices in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).
Headquarters: NEW YORK, NY · Employees: 5,285 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
62BP/E (TTM)22.8xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 12.4x–112.4x · 22nd pct
P/FCF24.9xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield6.4%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 2.3%–8.7% · 89th pct
P/S (TTM)5.29xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 2.9x–14.5x · 21st pct
EV/EBITDA19.3xC
Grade C: ExpensiveEnterprise value / EBITDA (Finnhub) — capital-structure neutral — vs own 5Y history: 11.6x–17.0x · 1st pct
EV/Sales9.1xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E17.6xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio9.83xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio1.95B
Grade B: FairFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield4.68%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio181.5%D
Grade D: UnsustainableDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
100A+ROIC101.6%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE40.6%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA7.3%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin21.8%A
Grade A: HighNet Income / Revenue
Operating Margin48.2%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin47.2%C
Grade C: AverageGross Profit / Revenue
FCF Margin34.1%A
Grade A: HighFCF / Revenue
True FCF Margin24.5%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
20ERevenue CAGR-10.6%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-15.3%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)-16.9%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth29.7%C
Grade C: MedAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+4.9%C
Grade C: DilutiveShare count change over 5Y
SBC / Net Income43.5%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue9.5%D
Grade D: HighTTM stock-based comp / TTM Revenue
Financial Health
43D+Altman Z-Score2.74C
Grade C: Gray zoneBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.68xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.68xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage14.0xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT—
Leverage. <2x Low, >4x High
Debt/Equity1.46xC
Grade C: MedDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt—
Cash covers how much of total debt. >1 = could repay all debt from cash
Quality
77B+Piotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-3.73A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion155.9%A
Grade A: StrongFCF / Net Income
Margin Stability10.1%C
Grade C: AverageEBIT margin std deviation. Lower = stable
Capex / Revenue0.7%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.33xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Baratta Joseph Filed | Baratta Joseph | SellOpen market sale | -57754 | |
Baratta Joseph Filed | Baratta Joseph | SellOpen market sale | -42246 | |
Finley John G Filed | Finley John G | SellOpen market sale | -25198 | |
Finley John G Filed | Finley John G | SellOpen market sale | -19802 | |
Payne David Filed | Payne David | SellOpen market sale | -9500 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Porat Ruth Filed | Porat Ruth | BuyOpen market buy | +84 | |
Porat Ruth Filed | Porat Ruth | BuyOpen market buy | +245 | |
Porat Ruth Filed | Porat Ruth | BuyOpen market buy | +126 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
88AROIC >12% Years7/7 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)46.3%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years8/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor17.1%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$4.69
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$3.69
Cash & short-term investments per share (Finnhub)
Book Value / Share$11.98
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt—
Total debt obligations (short + long term)
Cash & Equiv.$2.63B
Cash and short-term investments
Net Debt—
Total Debt minus Cash. Negative = Net Cash position
Total Equity$8.67B
Shareholders' equity (book value)
Asset / Liability1.85xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$85.20B
Current Market Capitalization
Beta1.57C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Blackstone Inc. (BX)
BX is down 2.37% at the last close. Piotroski F-Score of 5/9 indicates mixed fundamentals for Blackstone Inc.. Altman Z-Score of 2.74 falls in the grey zone (1.81–2.99) — financial distress is unlikely but not ruled out. Beneish M-Score of -3.73 suggests a low likelihood of earnings manipulation.
- Revenue has been contracting (CAGR ≈ -11%), which weighs on the growth outlook.
- Blackstone Inc. converts about 34% of revenue into free cash flow — strong cash generation.
- Return on equity of 40.6% is well above the market average.
- The stock currently yields 4.7% in dividends.
See how BX ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all BX moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 109.95 | +3.52% | 2.43 |
| Oct 15 | After-hours | 109.50 | +3.10% | 2.20 |
| Oct 13 | Regular | 110.32 | -3.89% | -2.16 |
| Oct 13 | After-hours | 110.06 | -4.11% | -2.30 |
Frequently Asked Questions about BX
What is the current Blackstone Inc. (BX) stock price?
BX is trading at $106.61 at the last market close, down 2.37% on the session. PreMarketPrice tracks BX pre-market, intraday and after-hours prices.
Is BX stock a buy right now?
PreMarketPrice's quantitative model rates Blackstone Inc.'s financial health at 43/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is BX stock overvalued?
Blackstone Inc. trades at a trailing P/E of 22.8 and our valuation score rates it 62/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Blackstone Inc. report earnings?
No confirmed earnings date is currently scheduled for BX. The Earnings section lists recent reports and updates as dates are announced.
What sector does Blackstone Inc. operate in?
Blackstone Inc. operates in the Financial Services sector, within the Investment Advice industry. The Related Stocks section lists sector peers for comparison.
What does Blackstone Inc. do?
Blackstone is the world's largest alternative-asset manager with $1.
About Blackstone Inc. (BX) Stock
Blackstone Inc. (BX) is a US-listed stock operating in the Financial Services sector, specifically the Investment Advice industry. As of the latest update, Blackstone Inc. is trading at $106.61, down 2.37% on the day with a market capitalization of $85.2 billion. The financial health score for BX is 43/100, which indicates weak financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for BX stock.
BX Stock Analysis & Key Metrics
On PreMarketPrice, you can track Blackstone Inc. (BX) across multiple dimensions:
- Pre-market price & movement: Real-time BX stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for BX with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Blackstone Inc. across multiple reporting periods.
- Financial health score: A composite score of 43/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for BX.
- Sector peers: Compare BX against 6 other financial services stocks on key financial metrics.
Is BX a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Blackstone Inc. (BX) as an investment. The financial health score of 43/100 suggests weak financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Blackstone Inc. (BX) trades on NYSE. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.