Blackstone (BX) FCF Margin (2009 - 2026)
Blackstone's quarterly FCF Margin came in at 26.47% in Q1 2026, down 636.0% year-on-year from 4.94% in Q1 2025, and up 10.41% quarter-over-quarter from 23.98% in Q4 2025.
Blackstone has reported FCF Margin for 13 years, with the latest figure at 26.47% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 636.0% year-over-year to 26.47%; the trailing twelve-month figure through Mar 2026 stood at 29.94% (up 206.0% YoY), and the FY2025 full-year result was 31.47%, up 562.0% from the prior year.
- FCF Margin for Q1 2026 stood at 26.47%, up from 23.98% 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 53.96%, with a median of 39.11% recorded in 2022.
- Year-over-year, FCF Margin surged 27640 bps in 2022 and tumbled 23398 bps in 2023.
- Tracing BX's FCF Margin over 5 years: 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 grew by 10 bps to 26.47% in 2026.
- The last three FCF Margin figures came in at 26.47% (Q1 2026), 23.98% (Q4 2025), and 50.95% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | -16.21% |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 26.47% |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 39.82% |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 24.81% |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 32.02% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | -327.00% |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 8.80% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | -24.56% |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 27.99% |
| 10 | Raymond James Financial | 28.62 Bn | 17.38 Bn | - | 24.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 16.74% |
| Mar 31, 2021 | 42.95% |
| Dec 31, 2020 | 7.42% |
| Sep 30, 2020 | 2.96% |
| Jun 30, 2020 | 19.01% |
| Mar 31, 2020 | 32.09% |
| Dec 31, 2019 | 27.67% |
| Sep 30, 2019 | 61.25% |
| Jun 30, 2019 | 10.07% |
| Mar 31, 2019 | 5.52% |
| Dec 31, 2018 | 272.47% |
| Sep 30, 2018 | 68.57% |
| Jun 30, 2018 | -34.00% |
| Mar 31, 2018 | -100.30% |
| Mar 31, 2012 | 12.72% |
| Dec 31, 2011 | 36.13% |
| Sep 30, 2011 | 303.80% |
| Jun 30, 2011 | -6.14% |
| Mar 31, 2011 | 37.79% |
| Dec 31, 2010 | -65.64% |
| Sep 30, 2010 | 35.39% |
| Jun 30, 2010 | -1.00% |
| Mar 31, 2010 | 1.93% |
| Dec 31, 2009 | 69.03% |
| Sep 30, 2009 | -132.74% |