KPIs & Operating Metrics(New)
Growth Metrics

Blackstone (BX) FCF Margin (2018 - 2025)

Blackstone has reported FCF Margin over the past 12 years, most recently at 23.98% for Q4 2025.

  • Quarterly results put FCF Margin at 23.98% for Q4 2025, up 1913.0% from a year ago — trailing twelve months through Dec 2025 was 31.47% (up 562.0% YoY), and the annual figure for FY2025 was 31.47%, up 562.0%.
  • FCF Margin for Q4 2025 was 23.98% at Blackstone, down from 50.95% in the prior quarter.
  • Over the last five years, FCF Margin for BX hit a ceiling of 293.13% in Q2 2022 and a floor of 14.47% in Q4 2021.
  • Median FCF Margin over the past 5 years was 35.97% (2022), compared with a mean of 48.09%.
  • Biggest five-year swings in FCF Margin: surged 27640bps in 2022 and later crashed -23398bps in 2023.
  • Blackstone's FCF Margin stood at 14.47% in 2021, then soared by 370bps to 39.11% in 2022, then skyrocketed by 72bps to 67.26% in 2023, then tumbled by -93bps to 4.85% in 2024, then surged by 394bps to 23.98% in 2025.
  • The last three reported values for FCF Margin were 23.98% (Q4 2025), 50.95% (Q3 2025), and 22.86% (Q2 2025) per Business Quant data.