Blackstone (BX) EBITDA Margin (2009 - 2026)
Blackstone (BX) posted EBITDA Margin of 58.55% for Q2 2026, up 33.05% on a QoQ basis from 44.01% in Q1 2026, and up 329.0% year-over-year from 13.65% in Q2 2025.
Analysis
Blackstone (BX) EBITDA Margin (2009 - 2026) Analysis & Trends
Blackstone has reported EBITDA Margin for 18 years, with the latest figure at 58.55% in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 329.0% year-over-year to 58.55% in Q2 2026; TTM through Jun 2026 was 53.4%, a 88.0% increase from a year earlier, with the FY2025 full-year figure at 53.15%, up 97.0% from the prior year.
- EBITDA Margin was 58.55% for Q2 2026 at Blackstone, up from 44.01% in the prior quarter.
- The five-year high for EBITDA Margin was 59.45% in Q1 2022, with the low at 23.77% in Q2 2022.
- Average EBITDA Margin over 5 years is 42.49%, with a median of 49.62% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: EBITDA Margin plunged 8406 bps in 2022, then soared 7831 bps in 2023.
- Over 5 years, EBITDA Margin stood at 41.23% in 2022, then plunged by 50 bps to 20.53% in 2023, then soared by 165 bps to 54.4% in 2024, then rose by 5 bps to 56.99% in 2025, then gained by 3 bps to 58.55% in 2026.
- The last three EBITDA Margin figures came in at 58.55% (Q2 2026), 44.01% (Q1 2026), and 56.99% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 103.57 Bn | 101.06 Bn | - | 58.55% |
| 2 | Kkr | 93.46 Bn | -183.61 Bn | - | 35.61% |
| 3 | Apollo Global Management | 77.60 Bn | 52.22 Bn | 10.54 Bn | 47.97% |
| 4 | Brookfield Asset Management | 76.45 Bn | 74.94 Bn | - | 79.12% |
| 5 | Wheaton Precious Metals | 71.34 Bn | 71.24 Bn | 687.86 Mn | 84.97% |
| 6 | Franco Nevada | 51.21 Bn | 49.67 Bn | 451.00 Mn | 76.73% |
| 7 | Brookfield | 37.98 Bn | 7.42 Bn | 19.38 Bn | 176.87% |
| 8 | Ares Management | 30.49 Bn | 30.49 Bn | - | 34.32% |
| 9 | Carlyle | 15.82 Bn | 14.57 Bn | - | 27.77% |
| 10 | Tpg | 8.08 Bn | 7.13 Bn | - | 21.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.55% |
| Mar 31, 2026 | 44.01% |
| Dec 31, 2025 | 56.99% |
| Sep 30, 2025 | 50.92% |
| Jun 30, 2025 | 55.27% |
| Mar 31, 2025 | 47.75% |
| Dec 31, 2024 | 54.40% |
| Sep 30, 2024 | 52.45% |
| Jun 30, 2024 | 47.10% |
| Mar 31, 2024 | 53.90% |
| Dec 31, 2023 | 20.53% |
| Sep 30, 2023 | 48.32% |
| Jun 30, 2023 | 54.54% |
| Mar 31, 2023 | 26.25% |
| Dec 31, 2022 | 41.23% |
| Sep 30, 2022 | 16.86% |
| Jun 30, 2022 | -23.77% |
| Mar 31, 2022 | 59.45% |
| Dec 31, 2021 | 59.60% |
| Sep 30, 2021 | 59.72% |