Blackstone (BX) Debt Ratio (2009 - 2026)

Blackstone (BX) recorded quarterly Debt Ratio of 0.27 in Q1 2026, up 5.35% quarter-over-quarter from 0.26 in Q4 2025, and little changed on a YoY basis from 0.28 in Q1 2025.

Blackstone (BX) Debt Ratio (2009 - 2026) Analysis & Trends

Blackstone's Debt Ratio history runs 13 years deep, the most recent figure standing at 0.27 for Q1 2026.

  • In Q1 2026, Debt Ratio changed 0.15% year-over-year to 0.27; the TTM figure through Mar 2026 stood at 0.27 (changed 0.15% YoY), while the FY2025 annual figure was 0.26, changed 0.16% from the prior year.
  • Debt Ratio was 0.27 for Q1 2026 at Blackstone, up from 0.26 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.29 in Q3 2023 to a low of 0.0 in Q2 2023.
  • Historically, Debt Ratio has averaged 0.2 across 5 years, with a median of 0.26 in 2025.
  • The sharpest annual moves came in 2023 and 2024: Debt Ratio tumbled 99.8% in 2023, then surged 59865.8% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.04 in 2022, then surged by 40.07% to 0.06 in 2023, then soared by 366.1% to 0.26 in 2024, then grew by 0.16% to 0.26 in 2025, then climbed by 5.35% to 0.27 in 2026.
  • The last three Debt Ratio figures came in at 0.27 (Q1 2026), 0.26 (Q4 2025), and 0.26 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 0.05
2 Blackstone 96.85 Bn 95.80 Bn - 0.27
3 Kkr 86.45 Bn 133.96 Bn - -
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 0.00
7 Northern Trust 31.92 Bn 31.92 Bn - 0.04
8 Raymond James Financial 30.62 Bn 19.37 Bn - 0.04
9 Ares Management 29.04 Bn 32.41 Bn - -
10 Principal Financial 23.79 Bn 20.28 Bn -463.00 Mn 0.00

Historic Data

Download Data
DateValue
Mar 31, 2026 0.27
Dec 31, 2025 0.26
Sep 30, 2025 0.26
Jun 30, 2025 0.26
Mar 31, 2025 0.28
Dec 31, 2024 0.26
Sep 30, 2024 0.25
Jun 30, 2024 0.26
Mar 31, 2024 0.27
Dec 31, 2023 0.06
Sep 30, 2023 0.29
Jun 30, 2023 0.00
Mar 31, 2023 0.05
Dec 31, 2022 0.04
Sep 30, 2022 0.23
Jun 30, 2022 0.22
Mar 31, 2022 0.21
Dec 31, 2021 0.01
Sep 30, 2021 0.19
Jun 30, 2021 0.04