Blackstone (BX) Debt to Equity (2009 - 2026)
Blackstone (BX) recorded quarterly Debt to Equity of $1.59 in Q1 2026, up 161.34% quarter-over-quarter from $0.61 in Q4 2025, and up 1.63% on a YoY basis from $1.56 in Q1 2025.
Blackstone (BX) Debt to Equity (2009 - 2026) Analysis & Trends
Blackstone's Debt to Equity history runs 14 years deep, the most recent figure standing at $1.59 for Q1 2026.
- In Q1 2026, Debt to Equity rose 1.63% year-over-year to $1.59; the TTM figure through Mar 2026 stood at $1.59 (up 1.63% YoY), while the FY2025 annual figure was $0.61, changed 0.24% from the prior year.
- Debt to Equity was $1.59 for Q1 2026 at Blackstone, up from $0.61 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $1.66 in Q4 2023 to a low of $0.0 in Q2 2023.
- Historically, Debt to Equity has averaged $0.98 across 5 years, with a median of $0.93 in 2022.
- The sharpest annual moves came in 2022 and 2023: Debt to Equity surged 26611.65% in 2022, then sank 99.77% in 2023.
- A 5-year view of Debt to Equity shows it stood at $1.61 in 2022, then advanced by 2.8% to $1.66 in 2023, then tumbled by 63.48% to $0.61 in 2024, then rose by 0.24% to $0.61 in 2025, then jumped by 161.34% to $1.59 in 2026.
- The last three Debt to Equity figures came in at $1.59 (Q1 2026), $0.61 (Q4 2025), and $0.6 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 0.14 |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 1.59 |
| 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 | 0.03 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 0.60 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 0.28 |
| 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| Date | Value |
|---|---|
| Mar 31, 2026 | 1.59 |
| Dec 31, 2025 | 0.61 |
| Sep 30, 2025 | 0.60 |
| Jun 30, 2025 | 0.61 |
| Mar 31, 2025 | 1.56 |
| Dec 31, 2024 | 0.61 |
| Sep 30, 2024 | 1.53 |
| Jun 30, 2024 | 0.60 |
| Mar 31, 2024 | 1.54 |
| Dec 31, 2023 | 1.66 |
| Sep 30, 2023 | 0.69 |
| Jun 30, 2023 | 0.00 |
| Mar 31, 2023 | 0.28 |
| Dec 31, 2022 | 1.61 |
| Sep 30, 2022 | 1.22 |
| Jun 30, 2022 | 1.09 |
| Mar 31, 2022 | 0.93 |
| Dec 31, 2021 | 0.20 |
| Sep 30, 2021 | 0.36 |
| Jun 30, 2021 | 0.15 |