Blackstone (BX) Invested Capital (2009 - 2026)
Blackstone (BX) posted Invested Capital of $34.3 billion for Q2 2026, up 2.88% on a QoQ basis from $33.3 billion in Q1 2026, and up 8.41% year-over-year from $31.6 billion in Q2 2025.
Analysis
Blackstone (BX) Invested Capital (2009 - 2026) Analysis & Trends
Blackstone has reported Invested Capital for 14 years, with the latest figure at $34.3 billion in Q2 2026.
- On a quarterly basis, Invested Capital rose 8.41% year-over-year to $34.3 billion in Q2 2026; TTM through Jun 2026 was $34.3 billion, a 8.41% increase from a year earlier, with the FY2025 full-year figure at $32.9 billion, up 9.77% from the prior year.
- Invested Capital was $34.3 billion for Q2 2026 at Blackstone, up from $33.3 billion in the prior quarter.
- The five-year high for Invested Capital was $34.3 billion in Q2 2026, with the low at $27.7 billion in Q3 2022.
- Average Invested Capital over 5 years is $30.4 billion, with a median of $29.9 billion recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Invested Capital soared 39.42% in 2022, then dropped 6.98% in 2023.
- Over 5 years, Invested Capital stood at $30.3 billion in 2022, then decreased by 6.98% to $28.2 billion in 2023, then increased by 6.43% to $30.0 billion in 2024, then increased by 9.77% to $32.9 billion in 2025, then grew by 3.98% to $34.3 billion in 2026.
- The last three Invested Capital figures came in at $34.3 billion (Q2 2026), $33.3 billion (Q1 2026), and $32.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Blackstone | 100.29 Bn | 97.79 Bn | - | 34.26 Bn |
| 2 | Kkr | 90.29 Bn | -186.78 Bn | - | - |
| 3 | Apollo Global Management | 75.67 Bn | 50.30 Bn | 10.54 Bn | 55.21 Bn |
| 4 | Brookfield Asset Management | 75.51 Bn | 74.01 Bn | - | 12.65 Bn |
| 5 | Wheaton Precious Metals | 68.40 Bn | 68.30 Bn | 687.86 Mn | 11.67 Bn |
| 6 | Franco Nevada | 50.19 Bn | 48.65 Bn | 451.00 Mn | - |
| 7 | Brookfield | 37.98 Bn | 7.42 Bn | 19.38 Bn | 18.80 Bn |
| 8 | Ares Management | 29.57 Bn | 29.57 Bn | - | 13.18 Bn |
| 9 | Carlyle | 15.41 Bn | 14.15 Bn | - | 10.21 Bn |
| 10 | Tpg | 7.73 Bn | 6.78 Bn | - | 6.09 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.26 Bn |
| Mar 31, 2026 | 33.30 Bn |
| Dec 31, 2025 | 32.95 Bn |
| Sep 30, 2025 | 31.89 Bn |
| Jun 30, 2025 | 31.60 Bn |
| Mar 31, 2025 | 30.94 Bn |
| Dec 31, 2024 | 30.01 Bn |
| Sep 30, 2024 | 29.32 Bn |
| Jun 30, 2024 | 28.47 Bn |
| Mar 31, 2024 | 28.28 Bn |
| Dec 31, 2023 | 28.20 Bn |
| Sep 30, 2023 | 29.57 Bn |
| Jun 30, 2023 | 29.76 Bn |
| Mar 31, 2023 | 29.38 Bn |
| Dec 31, 2022 | 30.32 Bn |
| Sep 30, 2022 | 27.65 Bn |
| Jun 30, 2022 | 29.42 Bn |
| Mar 31, 2022 | 31.14 Bn |
| Dec 31, 2021 | 29.39 Bn |
| Sep 30, 2021 | 28.34 Bn |