Blackstone (BX) EBITDA Margin (2009 - 2026)
Blackstone's (BX) quarterly EBITDA Margin came in at 44.01% in Q1 2026, down 374.0% year-on-year from 16.06% in Q1 2025, and down 21.36% quarter-over-quarter from 55.96% in Q4 2025.
Blackstone (BX) EBITDA Margin (2009 - 2026) Analysis & Trends
Blackstone's EBITDA Margin history runs 18 years deep, the most recent figure standing at 44.01% for Q1 2026.
- On a quarterly basis, EBITDA Margin fell 374.0% year-over-year to 44.01% in Q1 2026; TTM through Mar 2026 was 51.81%, a 81.0% increase from a year earlier, with the FY2025 full-year figure at 53.15%, up 97.0% from the prior year.
- EBITDA Margin slipped to 44.01% in Q1 2026 per BX's latest filing, from 55.96% in the prior quarter.
- Across five years, EBITDA Margin topped out at 59.62% in Q1 2022 and bottomed at 13.17% in Q2 2022.
- The 5-year median for EBITDA Margin is 50.92% (2025), against an average of 42.68%.
- Across the five-year window, EBITDA Margin sank 7345 bps in 2022 and soared 6789 bps in 2023, its largest moves.
- Year by year, EBITDA Margin stood at 37.98% in 2022, then sank by 40 bps to 22.91% in 2023, then surged by 146 bps to 56.29% in 2024, then fell by 1 bps to 55.96% in 2025, then dropped by 21 bps to 44.01% in 2026.
- Per Business Quant, the three latest BX EBITDA Margin figures stand at 44.01% (Q1 2026), 55.96% (Q4 2025), and 50.92% (Q3 2025).
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | 175.98% |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | 42.01% |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 44.01% |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 24.88% |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 72.52% |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 18.44% |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | 170.02% |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 31.56% |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 36.65% |
| 10 | Principal Financial | 23.31 Bn | -27.00 Bn | -463.00 Mn | 104.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 44.01% |
| Dec 31, 2025 | 55.96% |
| Sep 30, 2025 | 50.92% |
| Jun 30, 2025 | 55.27% |
| Mar 31, 2025 | 47.75% |
| Dec 31, 2024 | 56.29% |
| Sep 30, 2024 | 52.45% |
| Jun 30, 2024 | 47.10% |
| Mar 31, 2024 | 53.90% |
| Dec 31, 2023 | 22.91% |
| Sep 30, 2023 | 56.68% |
| Jun 30, 2023 | 54.73% |
| Mar 31, 2023 | 26.25% |
| Dec 31, 2022 | 37.98% |
| Sep 30, 2022 | 16.86% |
| Jun 30, 2022 | -13.17% |
| Mar 31, 2022 | 59.62% |
| Dec 31, 2021 | 59.60% |
| Sep 30, 2021 | 59.72% |
| Jun 30, 2021 | 60.29% |