Blackstone BX
NYSE BX
$129.07 -4.90 (-3.66%)
As of: Sep 9, 2026 · 3:59 PM EDT

Blackstone (BX) FCF Margin (2009 - 2026)

Blackstone (BX) posted FCF Margin of 37.86% for Q2 2026, up 43.01% on a QoQ basis from 26.47% in Q1 2026, and up 1500.0% year-over-year from 2.37% in Q2 2025.

Analysis

Blackstone (BX) FCF Margin (2009 - 2026) Analysis & Trends

Blackstone has reported FCF Margin for 13 years, with the latest figure at 37.86% in Q2 2026.

  • On a quarterly basis, FCF Margin rose 1500.0% year-over-year to 37.86% in Q2 2026; TTM through Jun 2026 was 34.05%, a 1019.0% increase from a year earlier, with the FY2025 full-year figure at 31.47%, up 562.0% from the prior year.
  • FCF Margin was 37.86% for Q2 2026 at Blackstone, up from 26.47% in the prior quarter.
  • The five-year high for FCF Margin was 293.13% in Q2 2022, with the low at 4.85% in Q4 2024.
  • Average FCF Margin over 5 years is 53.07%, with a median of 38.48% recorded in 2026.
  • The sharpest annual moves came in 2022 and 2023: FCF Margin jumped 27640 bps in 2022, then slumped 23398 bps in 2023.
  • Over 5 years, FCF Margin stood at 39.11% in 2022, then jumped by 72 bps to 67.26% in 2023, then plunged by 93 bps to 4.85% in 2024, then surged by 394 bps to 23.98% in 2025, then jumped by 58 bps to 37.86% in 2026.
  • The last three FCF Margin figures came in at 37.86% (Q2 2026), 26.47% (Q1 2026), and 23.98% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Blackstone 103.57 Bn 101.06 Bn - 37.86%
2 Kkr 93.46 Bn -183.61 Bn - 55.96%
3 Apollo Global Management 77.60 Bn 52.22 Bn 10.54 Bn 25.83%
4 Brookfield Asset Management 76.45 Bn 74.94 Bn - 30.52%
5 Wheaton Precious Metals 71.34 Bn 71.24 Bn 687.86 Mn 69.90%
6 Franco Nevada 51.21 Bn 49.67 Bn 451.00 Mn 83.08%
7 Brookfield 37.98 Bn 7.42 Bn 19.38 Bn -
8 Ares Management 30.49 Bn 30.49 Bn - -26.91%
9 Carlyle 15.82 Bn 14.57 Bn - -2.89%
10 Tpg 8.08 Bn 7.13 Bn - 17.82%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 37.86%
Mar 31, 2026 26.47%
Dec 31, 2025 23.98%
Sep 30, 2025 50.95%
Jun 30, 2025 22.86%
Mar 31, 2025 32.83%
Dec 31, 2024 4.85%
Sep 30, 2024 32.83%
Jun 30, 2024 40.99%
Mar 31, 2024 25.00%
Dec 31, 2023 67.26%
Sep 30, 2023 40.15%
Jun 30, 2023 59.15%
Mar 31, 2023 20.49%
Dec 31, 2022 39.11%
Sep 30, 2022 84.82%
Jun 30, 2022 293.13%
Mar 31, 2022 52.52%
Dec 31, 2021 -14.47%
Sep 30, 2021 25.61%