Beneficient (BENF) Invested Capital (2020 - 2025)

Beneficient's (BENF) quarterly Invested Capital came in at -$28.2 million in Q4 2025, down 120.98% year-on-year from $134.5 million in Q4 2024, and up 27.37% quarter-over-quarter from -$38.9 million in Q3 2025.

Beneficient (BENF) Invested Capital (2020 - 2025) Analysis & Trends

Beneficient has disclosed Invested Capital across 6 years of filings, most recently posting -$28.2 million for Q4 2025.

  • Invested Capital for Q4 2025 came in at -$28.2 million, down 120.98% year-over-year; the trailing twelve-month figure through Dec 2025 was -$28.2 million (down 120.98% YoY), and the FY2025 annual result was $83.0 million, up 215.86% from the prior year.
  • Invested Capital came in at -$28.2 million for Q4 2025 at Beneficient, up from -$38.9 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $1.9 billion in Q1 2022 to a low of -$71.6 million in Q1 2024.
  • The 5-year median for Invested Capital is $134.5 million (2024), against an average of $715.1 million.
  • Peak annual rise in Invested Capital reached 215.86% in 2025, while the deepest fall reached 135.68% in 2025.
  • Beneficient's Invested Capital stood at $1.1 billion in 2021, then soared by 65.19% to $1.8 billion in 2022, then tumbled by 92.68% to $132.2 million in 2023, then climbed by 1.79% to $134.5 million in 2024, then tumbled by 120.98% to -$28.2 million in 2025.
  • The last three Invested Capital figures came in at -$28.2 million (Q4 2025), -$38.9 million (Q3 2025), and -$12.0 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 BlackRock 160.20 Bn 150.57 Bn - 69.22 Bn
2 Blackstone 96.40 Bn 95.35 Bn - 8.37 Bn
3 Kkr 85.87 Bn 133.39 Bn - 30.50 Bn
4 Apollo Global Management 79.90 Bn 98.63 Bn 5.04 Bn 53.75 Bn
5 State Street 46.62 Bn 20.95 Bn - -
6 Ameriprise Financial 42.78 Bn 42.65 Bn 4.57 Bn 8.75 Bn
7 Northern Trust 32.35 Bn 32.35 Bn - 12.99 Bn
8 Ares Management 30.25 Bn 33.62 Bn - 12.75 Bn
9 Raymond James Financial 30.24 Bn 18.99 Bn - 12.57 Bn
10 Beneficient 83.98 Mn 110.42 Mn - -28.23 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -28.23 Mn
Sep 30, 2025 -38.87 Mn
Jun 30, 2025 -12.00 Mn
Mar 31, 2025 82.97 Mn
Dec 31, 2024 134.53 Mn
Sep 30, 2024 108.93 Mn
Jun 30, 2024 -27.74 Mn
Mar 31, 2024 -71.61 Mn
Dec 31, 2023 132.17 Mn
Sep 30, 2023 1.03 Bn
Jun 30, 2023 1.38 Bn
Mar 31, 2023 1.83 Bn
Sep 30, 2022 1.81 Bn
Jun 30, 2022 1.84 Bn
Mar 31, 2022 1.91 Bn
Dec 31, 2021 1.09 Bn
Mar 31, 2021 984.89 Mn
Dec 31, 2020 986.35 Mn