KPIs & Operating Metrics(New)
Growth Metrics

Blackstone (BX) FCF Payout Ratio (2009 - 2026)

Blackstone's quarterly FCF Payout Ratio came in at 0.37 in Q1 2026, down 78.38% year-on-year from 1.72 in Q1 2025, and up 65.44% quarter-over-quarter from 0.22 in Q4 2025.

Blackstone has reported FCF Payout Ratio for 13 years, with the latest figure at 0.37 in Q1 2026.

  • For the quarter ending Q1 2026, FCF Payout Ratio fell 78.38% year-over-year to 0.37; the trailing twelve-month figure through Mar 2026 stood at 0.11 (down 124.27% YoY), and the FY2025 full-year result was 0.23, down 10.92% from the prior year.
  • FCF Payout Ratio for Q1 2026 stood at 0.37, up from 0.22 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 1.81 in Q2 2022, with the low at 2.95 in Q3 2022.
  • Average FCF Payout Ratio over 5 years is 0.49, with a median of 0.95 recorded in 2024.
  • Year-over-year, FCF Payout Ratio tumbled 609.06% in 2022 and soared 618.94% in 2023.
  • Tracing BX's FCF Payout Ratio over 5 years: stood at 0.45 in 2022, then surged by 165.07% to 1.2 in 2023, then increased by 24.35% to 1.5 in 2024, then sank by 84.96% to 0.22 in 2025, then jumped by 65.44% to 0.37 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.37 (Q1 2026), 0.22 (Q4 2025), and 1.44 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -
2 Blackstone 92.68 Bn 91.63 Bn - 0.37
3 Kkr 84.94 Bn 132.45 Bn - 0.10
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 2.44
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 0.18
6 State Street 44.42 Bn 18.75 Bn - -0.02
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 0.34
8 Northern Trust 31.21 Bn 31.21 Bn - -0.45
9 Ares Management 28.85 Bn 32.22 Bn - 0.21
10 Raymond James Financial 28.62 Bn 17.38 Bn - 0.10

Historic Data

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DateValue
Mar 31, 2026 0.37
Dec 31, 2025 0.22
Sep 30, 2025 -1.44
Jun 30, 2025 1.43
Mar 31, 2025 1.72
Dec 31, 2024 1.50
Sep 30, 2024 -1.34
Jun 30, 2024 0.95
Mar 31, 2024 1.28
Dec 31, 2023 1.20
Sep 30, 2023 1.02
Jun 30, 2023 1.19
Mar 31, 2023 0.76
Dec 31, 2022 0.45
Sep 30, 2022 -2.95
Jun 30, 2022 1.81
Mar 31, 2022 0.11
Dec 31, 2021 -1.68
Sep 30, 2021 0.58
Jun 30, 2021 1.16
Mar 31, 2021 0.55
Dec 31, 2020 1.34
Sep 30, 2020 0.91
Jun 30, 2020 -0.99
Mar 31, 2020 0.79
Dec 31, 2019 0.38
Sep 30, 2019 -0.60
Jun 30, 2019 3.03
Mar 31, 2019 6.54
Dec 31, 2018 -1.09
Sep 30, 2018 0.59
Jun 30, 2018 -1.53
Mar 31, 2018 -0.07
Mar 31, 2012 -2.30
Dec 31, 2011 0.95
Sep 30, 2011 0.21
Jun 30, 2011 -0.99
Mar 31, 2011 0.31
Dec 31, 2010 0.15
Sep 30, 2010 -0.40
Jun 30, 2010 75.79
Mar 31, 2010 2.74
Dec 31, 2009 -0.69
Sep 30, 2009 -0.05