Blackstone (BX) Free Cash Flow (2009 - 2026)

Blackstone (BX) recorded quarterly Free Cash Flow of $957.6 million in Q1 2026, down 8.4% quarter-over-quarter from $1.0 billion in Q4 2025, and down 11.32% on a YoY basis from $1.1 billion in Q1 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.

  • In Q1 2026, Free Cash Flow fell 11.32% year-over-year to $957.6 million; the TTM figure through Mar 2026 stood at $4.4 billion (up 23.67% YoY), while the FY2025 annual figure was $4.5 billion, up 32.96% from the prior year.
  • Free Cash Flow was $957.6 million for Q1 2026 at Blackstone, down from $1.0 billion in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $2.7 billion in Q1 2022 to a low of $149.5 million in Q4 2024.
  • Historically, Free Cash Flow has averaged $1.1 billion across 5 years, with a median of $1.0 billion in 2023.
  • The sharpest annual moves came in 2023 and 2025: Free Cash Flow sank 89.48% in 2023, then surged 599.21% in 2025.
  • A 5-year view of Free Cash Flow shows it stood at $666.4 million in 2022, then grew by 29.7% to $864.4 million in 2023, then tumbled 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.
  • The last three Free Cash Flow figures came in at $957.6 million (Q1 2026), $1.0 billion (Q4 2025), and $1.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - -1.09 Bn
2 Blackstone 96.85 Bn 95.80 Bn - 957.64 Mn
3 Kkr 86.45 Bn 133.96 Bn - 1.72 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 1.62 Bn
5 State Street 46.95 Bn 21.27 Bn - -12.41 Bn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 430.00 Mn
7 Northern Trust 31.92 Bn 31.92 Bn - -329.40 Mn
8 Raymond James Financial 30.62 Bn 19.37 Bn - 1.05 Bn
9 Ares Management 29.04 Bn 32.41 Bn - 390.87 Mn
10 Principal Financial 23.79 Bn 20.28 Bn -463.00 Mn 153.30 Mn

Historic Data

Download Data
DateValue
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