Blackstone (BX) Free Cash Flow (2009 - 2026)
Blackstone (BX) posted Free Cash Flow of $1.9 billion for Q2 2026, up 99.39% on a QoQ basis from $957.6 million in Q1 2026, and up 125.08% year-over-year from $848.4 million in Q2 2025.
Analysis
Blackstone (BX) Free Cash Flow (2009 - 2026) Analysis & Trends
Blackstone has reported Free Cash Flow for 13 years, with the latest figure at $1.9 billion in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 125.08% year-over-year to $1.9 billion in Q2 2026; TTM through Jun 2026 was $5.5 billion, a 67.25% 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 was $1.9 billion for Q2 2026 at Blackstone, up from $957.6 million in the prior quarter.
- The five-year high for Free Cash Flow was $2.7 billion in Q1 2022, with the low at $149.5 million in Q4 2024.
- Average Free Cash Flow over 5 years is $1.2 billion, with a median of $1.0 billion recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: Free Cash Flow plunged 89.48% in 2023, then soared 599.21% in 2025.
- Over 5 years, Free Cash Flow stood at $666.4 million in 2022, then increased by 29.7% to $864.4 million in 2023, then slumped by 82.7% to $149.5 million in 2024, then jumped by 599.21% to $1.0 billion in 2025, then jumped by 82.64% to $1.9 billion in 2026.
- The last three Free Cash Flow figures came in at $1.9 billion (Q2 2026), $957.6 million (Q1 2026), and $1.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 100.29 Bn | 97.79 Bn | - | 1.91 Bn |
| 2 | Kkr | 90.29 Bn | -186.78 Bn | - | 3.20 Bn |
| 3 | Apollo Global Management | 75.67 Bn | 50.30 Bn | 10.54 Bn | 2.88 Bn |
| 4 | Brookfield Asset Management | 75.51 Bn | 74.01 Bn | - | 535.00 Mn |
| 5 | Wheaton Precious Metals | 68.40 Bn | 68.30 Bn | 687.86 Mn | 649.52 Mn |
| 6 | Franco Nevada | 50.19 Bn | 48.65 Bn | 451.00 Mn | 482.60 Mn |
| 7 | Brookfield | 37.98 Bn | 7.42 Bn | 19.38 Bn | - |
| 8 | Ares Management | 29.57 Bn | 29.57 Bn | - | -384.50 Mn |
| 9 | Carlyle | 15.41 Bn | 14.15 Bn | - | -32.50 Mn |
| 10 | Tpg | 7.73 Bn | 6.78 Bn | - | 328.23 Mn |
Historic Data
Download Data
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 |