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| 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 |