Blackstone (BX) Free Cash Flow (2009 - 2026)
Blackstone (BX) posted Free Cash Flow of $1.91 billion for Q2 2026, up 125.1% from $848.36 million a year earlier and up 99.4% from the prior quarter.
Blackstone (BX) Free Cash Flow (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Free Cash Flow at Blackstone was $5.49 billion, up 67.2% year-over-year; for FY2025, it came in at $4.55 billion, up 33.0% from FY2024.
- Annual Free Cash Flow shows a five-year compound annual growth rate of 20.0% (FY2020 to FY2025).
- In prior years, Blackstone's Free Cash Flow was $3.42 billion in FY2024 (-10.8%), $3.83 billion in FY2023 (-37.2%), $6.1 billion in FY2022 (+55.6%) and $3.92 billion in FY2021 (+115.0%).
- The Q2 2026 figure stands as the highest quarterly Free Cash Flow since Q1 2022.
- On a year-over-year basis, Free Cash Flow increased in five of the last eight quarters, with growth averaging 83.8%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was Q4 2025, with growth of 599.2%; the weakest was Q1 2023, with a decline of 89.5%.
- According to Business Quant data, Free Cash Flow for the three prior quarters was $957.64 million (Q1 2026), $1.05 billion (Q4 2025) and $1.57 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - | 1.12 Bn |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - | 1.91 Bn |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn | - |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - | 3.20 Bn |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - | 535.00 Mn |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn | 2.88 Bn |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn | 649.52 Mn |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn | 482.60 Mn |
| 10 | Ameriprise Financial | 43.48 Bn | 4.90 Bn | 4.72 Bn | 2.85 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.91 Bn |
| Mar 31, 2026 | 957.64 Mn |
| Dec 31, 2025 | 1.05 Bn |
| Sep 30, 2025 | 1.57 Bn |
| Jun 30, 2025 | 848.36 Mn |
| Mar 31, 2025 | 1.08 Bn |
| Dec 31, 2024 | 149.52 Mn |
| Sep 30, 2024 | 1.20 Bn |
| Jun 30, 2024 | 1.15 Bn |
| Mar 31, 2024 | 922.09 Mn |
| Dec 31, 2023 | 864.36 Mn |
| Sep 30, 2023 | 1.02 Bn |
| Jun 30, 2023 | 1.66 Bn |
| Mar 31, 2023 | 283.17 Mn |
| Dec 31, 2022 | 666.42 Mn |
| Sep 30, 2022 | 897.54 Mn |
| Jun 30, 2022 | 1.84 Bn |
| Mar 31, 2022 | 2.69 Bn |
| Dec 31, 2021 | -833.81 Mn |
| Sep 30, 2021 | 1.59 Bn |
Blackstone Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=BX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "BX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=BX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();