Blackstone (BX) Free Cash Flow (2009 - 2026)
Blackstone's (BX) quarterly Free Cash Flow came in at $957.6 million in Q1 2026, down 11.32% year-on-year from $1.1 billion in Q1 2025, and down 8.4% quarter-over-quarter from $1.0 billion in Q4 2025.
Blackstone (BX) Free Cash Flow (2009 - 2026) Analysis & Trends
Blackstone's Free Cash Flow history runs 13 years deep, the most recent figure standing at $957.6 million for Q1 2026.
- On a quarterly basis, Free Cash Flow fell 11.32% year-over-year to $957.6 million in Q1 2026; TTM through Mar 2026 was $4.4 billion, a 23.67% increase from a year earlier, with the FY2025 full-year figure at $4.5 billion, up 32.96% from the prior year.
- Free Cash Flow declined to $957.6 million in Q1 2026 per BX's latest filing, from $1.0 billion in the prior quarter.
- Across five years, Free Cash Flow topped out at $2.7 billion in Q1 2022 and bottomed at $149.5 million in Q4 2024.
- The 5-year median for Free Cash Flow is $1.0 billion (2023), against an average of $1.1 billion.
- Across the five-year window, Free Cash Flow sank 89.48% in 2023 and jumped 599.21% in 2025, its largest moves.
- Year by year, Free Cash Flow stood at $666.4 million in 2022, then grew by 29.7% to $864.4 million in 2023, then sank by 82.7% to $149.5 million in 2024, then soared by 599.21% to $1.0 billion in 2025, then declined by 8.4% to $957.6 million in 2026.
- Per Business Quant, the three latest BX Free Cash Flow figures stand at $957.6 million (Q1 2026), $1.0 billion (Q4 2025), and $1.6 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | -1.09 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 957.64 Mn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 1.62 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | -12.41 Bn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 430.00 Mn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | -329.40 Mn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 1.05 Bn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 762.30 Mn |
| 10 | Principal Financial | 23.31 Bn | -27.00 Bn | -463.00 Mn | 153.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 957.64 Mn |
| Mar 31, 2026 | 957.64 Mn |
| Dec 31, 2025 | 1.05 Bn |
| Dec 31, 2025 | 1.05 Bn |
| Sep 30, 2025 | 1.57 Bn |
| Sep 30, 2025 | 1.57 Bn |
| Jun 30, 2025 | 848.36 Mn |
| Jun 30, 2025 | 848.36 Mn |
| Mar 31, 2025 | 1.08 Bn |
| Mar 31, 2025 | 1.08 Bn |
| Dec 31, 2024 | 149.52 Mn |
| Dec 31, 2024 | 149.52 Mn |
| Sep 30, 2024 | 1.20 Bn |
| Sep 30, 2024 | 1.20 Bn |
| Jun 30, 2024 | 1.15 Bn |
| Jun 30, 2024 | 1.15 Bn |
| Mar 31, 2024 | 922.09 Mn |
| Mar 31, 2024 | 922.09 Mn |
| Dec 31, 2023 | 864.36 Mn |
| Dec 31, 2023 | 864.36 Mn |