BX vs HASI Stock Comparison

Blackstone and HA Sustainable Infrastructure Capital Prices as of Oct 26, 2026 Peers: Industry group
BX Blackstone Inc.
$119.08 +0.6% 1M -23.0% 1Y
Market cap
$89.62B
P/E
27.1x
Revenue (TTM)
$16.11B
Div. yield
4.39%
Alternative Asset Managers Financial Services
6 wins

Head to Head

11 decided of 12

Blackstone leads on 6 of the 12 questions below (Blackstone 6, HA Sustainable Infrastructure Capital 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBXHASILeader
Larger companyMarket capitalisation $89.62B $4.63B BX
Cheaper on earningsLower P/E, profitable companies only 27.1x 53.6x BX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.7x 11.6x HASI
Faster revenue growthRevenue growth, trailing twelve months +17.2% +26.5% HASI
More profitableNet margin, trailing twelve months 21.8% 18.6% BX
Better return on capitalReturn on invested capital 21.6% 4.0% BX
Less leveragedLower net debt / EBITDA — 10.5x –
Higher dividend yieldTrailing dividend yield 4.39% 4.65% HASI
Better 1-year returnPrice return, last 12 months -23.0% +25.0% HASI
Better 5-year returnAnnualised price return, 5 years -2.7%/yr -9.8%/yr BX
Less volatileAnnualised volatility, 1 year 37.4% 29.5% HASI
Higher overall scoreMean of the five percentile scores vs peers 67/100 53/100 BX

Percentile Scorecard

BXHASI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBXHASI
Valuation 81 #27 of 139 65 #49 of 139
Growth 79 #16 of 73 74 #20 of 73
Profitability 78 #21 of 91 59 #38 of 91
Financial Health 58 #55 of 130 24 #99 of 130
Shareholder Returns 40 #25 of 41 45 #23 of 41
Overall 67 53
  • BX ranked among 166 companies in Asset and Wealth Management
  • HASI ranked among 166 companies in Asset and Wealth Management

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBXHASISPY
1 month +0.6%-0.9% -0.8%
3 months -10.2%-5.9% +3.5%
6 months -1.1%-13.5% +7.0%
Year to date -22.7%+15.0% +12.2%
1 year -23.0%+25.0% +13.0%
3 years +32.9%+115.6% +86.3%
3 years, per year +9.9%+29.2% +23.1%
5 years -12.8%-40.4% +68.6%
5 years, per year -2.7%-9.8% +11.0%
10 years +369.2%+61.0% +258.0%
10 years, per year +16.7%+4.9% +13.6%

Risk

MeasureBXHASISPY
Volatility, 1Y 37.4%29.5% 12.7%
Downside volatility, 1Y 37.6%25.8% 12.7%
Beta vs S&P 500, 1Y 1.341.00 1.00
Return / volatility, 1Y -0.610.85 1.02
Max drawdown, 5Y -51.5%-77.6% -25.4%
From 52-week high -27.2%-16.5% -1.8%
52-week high $163.50$43.31 $779.14
52-week low $102.12$27.71 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBXHASI
P/E now vs peer median 27.1xmedian 41.7x 53.6xmedian 41.7x
P/S now vs peer median 5.6xmedian 11.0x 10.0xmedian 11.0x
EV/EBITDA now vs peer median —median 12.4x 20.0xmedian 12.4x
P/FCF now vs peer median 16.3xmedian 17.0x 22.2xmedian 17.0x
P/B now vs peer median 4.3xmedian 1.7x 1.7xmedian 1.7x
PEG now vs peer median 0.70median 0.92 10.95median 0.92

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBXHASI
Revenue $16.11B $462.89M
Net income $6.83B $88.30M
Free cash flow $5.49B $208.53M
EPS (diluted) $4.40 $0.60
Cash & equivalents $2.51B $250.00M
Total debt $50.92B $5.38B
Shares (diluted) 799.90M 142.89M
Enterprise value $84.55B $3.95B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBXHASI
P/E 27.1x 53.6x
P/FCF 16.3x 22.2x
P/Operating cash flow 16.0x 22.2x
P/S 5.6x 10.0x
P/B 4.3x 1.7x
P/Tangible book 4.3x 1.7x
EV/EBITDA – 20.0x
EV/EBIT 11.7x 20.6x
EV/Revenue 6.2x 21.1x
EV/FCF 18.3x 46.8x
EV/Operating cash flow 17.9x 46.8x
PEG (3Y EPS CAGR) 0.70 10.95

Growth

14 metrics
MetricBXHASI
Revenue growth (1Y) 17.2% 26.5%
Revenue CAGR (3Y) 32.3% 20.9%
Gross profit growth (1Y) – –
Gross profit CAGR (3Y) – –
Operating income growth (1Y) – –
Operating income CAGR (3Y) – –
Net income growth (1Y) 19.2% -57.9%
Net income CAGR (3Y) 46.7% 18.6%
EPS growth (1Y) 20.2% -59.6%
EPS CAGR (3Y) 38.8% 4.9%
Operating cash flow growth (1Y) 65.6% 299.6%
Operating cash flow CAGR (3Y) 14.0% 31.0%
Free cash flow growth (1Y) 67.2% 299.6%
Free cash flow CAGR (3Y) 16.0% 31.0%

Profitability

14 metrics
MetricBXHASI
Gross margin – –
EBITDA margin – 105.4%
Operating margin – –
Pretax margin 50.1% 29.7%
Net margin 21.8% 18.6%
FCF margin 34.1% 45.0%
Operating cash flow margin 34.7% 45.0%
Return on equity 33.2% 3.4%
Return on assets 13.9% 1.0%
Return on invested capital 21.6% 4.0%
Return on capital employed – –
Asset turnover 0.3x 0.1x
Cash conversion (OCF / net income) 0.8x 2.4x
Stock comp / revenue 9.7% 7.6%

Financial Health

11 metrics
MetricBXHASI
Debt / assets 26.4% 60.1%
Debt / equity 0.6x 2.0x
Net debt / EBITDA – 10.5x
Debt / FCF 2.4x 25.8x
Liabilities / assets 57.8% 70.4%
Equity / assets 42.2% 29.6%
Interest coverage 16.0x 1.4x
Current ratio – –
Quick ratio – –
Cash ratio – –
Altman Z-score – –

Shareholder Returns

7 metrics
MetricBXHASI
Dividend yield 4.4% 4.6%
Net buyback yield 0.3% -2.5%
Shareholder yield 4.7% 2.1%
Payout ratio (earnings) 93.6% –
Payout ratio (FCF) 116.4% –
Dividend growth (1Y) 22.0% –
Dividend CAGR (3Y) 7.9% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBXHASI
Forward P/E 19.7xFY2026 11.6xFY2026
EPS, next fiscal year $6.03FY2026 $3.11FY2026
EPS growth, next FY +8.3%FY2026 +15.2%FY2026
EPS growth, the year after +26.5% +13.8%
Revenue, next fiscal year $15.01BFY2026 $450.27MFY2026
Revenue growth, next FY +14.7%FY2026 +12.4%FY2026
Revenue growth, the year after +27.5% +18.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBXHASI
Held by institutions 67.3% 100.0%
Institutions holding 2,129 406
Change in shares held, QoQ +2.8% +4.4%
Institutions buying 1,132 212
Institutions selling 716 114
Buyers to sellers 1.58 1.86

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BXHASI
BX 1.00 0.29
HASI 0.29 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BX and HASI?

Blackstone (BX) is the largest by market capitalisation: Blackstone (BX) $89.62B, HA Sustainable Infrastructure Capital (HASI) $4.63B.

Which stock is cheaper, BX and HASI?

Blackstone (BX) trades on the lowest price-to-earnings ratio (Blackstone (BX) 27.1x, HA Sustainable Infrastructure Capital (HASI) 53.6x). On next year's consensus earnings, HA Sustainable Infrastructure Capital (HASI) is cheapest (Blackstone (BX) 19.7x, HA Sustainable Infrastructure Capital (HASI) 11.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

HA Sustainable Infrastructure Capital (HASI) grew revenue fastest over the trailing twelve months: Blackstone (BX) +17.2%, HA Sustainable Infrastructure Capital (HASI) +26.5%.

Which company is more profitable?

Blackstone (BX) has the highest net margin (Blackstone (BX) 21.8%, HA Sustainable Infrastructure Capital (HASI) 18.6%). On return on invested capital, Blackstone (BX) leads (Blackstone (BX) 21.6%, HA Sustainable Infrastructure Capital (HASI) 4.0%).

Which stock has performed better?

Over the past year HA Sustainable Infrastructure Capital (HASI) returned the most: Blackstone (BX) -23.0%, HA Sustainable Infrastructure Capital (HASI) +25.0%. Over five years, Blackstone (BX) compounded fastest (Blackstone (BX) -2.7%/yr, HA Sustainable Infrastructure Capital (HASI) -9.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

HA Sustainable Infrastructure Capital (HASI) has the highest dividend yield: Blackstone (BX) 4.39%, HA Sustainable Infrastructure Capital (HASI) 4.65%.

Which stock is riskier?

By one-year price volatility, HA Sustainable Infrastructure Capital (HASI) has been the steadiest (Blackstone (BX) 37.4%, HA Sustainable Infrastructure Capital (HASI) 29.5%). Volatility measures how widely the price swings, not the risk of the business.

Do BX and HASI move together?

Their daily returns over the past year have a correlation of 0.29, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, BX and HASI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Blackstone (BX) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.