Blackstone (BX) EBITDA Margin (2009 - 2026)
Blackstone's 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 22.78% quarter-over-quarter from 56.99% in Q4 2025.
Blackstone has reported EBITDA Margin for 18 years, with the latest figure at 44.01% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 374.0% year-over-year to 44.01%; the trailing twelve-month figure through Mar 2026 stood at 52.11% (up 156.0% YoY), and the FY2025 full-year result was 53.15%, up 97.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 44.01%, down from 56.99% 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 41.54%, with a median of 48.32% recorded in 2023.
- Year-over-year, EBITDA Margin sank 8406 bps in 2022 and jumped 7831 bps in 2023.
- Tracing BX's EBITDA Margin over 5 years: 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 dropped by 23 bps to 44.01% in 2026.
- The last three EBITDA Margin figures came in at 44.01% (Q1 2026), 56.99% (Q4 2025), and 50.92% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 42.01% |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 44.01% |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 46.06% |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 54.78% |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 1.56% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 73.37% |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 18.44% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 170.02% |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 26.04% |
| 10 | Raymond James Financial | 28.62 Bn | 17.38 Bn | - | 12.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 60.29% |
| Mar 31, 2021 | 64.46% |
| Dec 31, 2020 | 58.59% |
| Sep 30, 2020 | 60.69% |
| Jun 30, 2020 | 61.25% |
| Mar 31, 2020 | -88.56% |
| Dec 31, 2019 | 51.07% |
| Sep 30, 2019 | 61.34% |
| Jun 30, 2019 | 49.05% |
| Mar 31, 2019 | 57.09% |
| Dec 31, 2018 | -0.93% |
| Sep 30, 2018 | 52.80% |
| Jun 30, 2018 | 65.68% |
| Mar 31, 2018 | 52.88% |
| Dec 31, 2017 | 75.27% |
| Sep 30, 2017 | 53.93% |
| Jun 30, 2017 | 52.46% |
| Mar 31, 2017 | 140.14% |
| Dec 31, 2016 | 149.46% |
| Sep 30, 2016 | 150.73% |
| Jun 30, 2016 | 157.48% |
| Mar 31, 2016 | 161.10% |
| Dec 31, 2015 | 35.74% |
| Sep 30, 2015 | -4,400.21% |
| Jun 30, 2015 | 20.26% |
| Mar 31, 2015 | 53.65% |
| Dec 31, 2014 | 55.79% |
| Sep 30, 2014 | 35.02% |
| Jun 30, 2014 | 50.75% |
| Mar 31, 2014 | 40.57% |
| Dec 31, 2013 | 46.13% |
| Sep 30, 2013 | 33.76% |
| Jun 30, 2013 | 34.58% |
| Mar 31, 2013 | 31.32% |
| Dec 31, 2012 | 20.46% |
| Sep 30, 2012 | 28.85% |
| Jun 30, 2012 | -22.05% |
| Mar 31, 2012 | 6.17% |
| Dec 31, 2011 | 24.26% |
| Sep 30, 2011 | -344.99% |
| Jun 30, 2011 | 22.97% |
| Mar 31, 2011 | 12.75% |
| Dec 31, 2010 | 19.67% |
| Sep 30, 2010 | 19.78% |
| Jun 30, 2010 | -114.39% |
| Mar 31, 2010 | -31.44% |
| Dec 31, 2009 | -49.45% |
| Sep 30, 2009 | -70.63% |
| Jun 30, 2009 | -144.41% |