Blackstone (BX) Invested Capital (2009 - 2026)
Blackstone's quarterly Invested Capital came in at $8.4 billion in Q1 2026, up 4.92% year-on-year from $8.0 billion in Q1 2025, and down 59.17% quarter-over-quarter from $20.5 billion in Q4 2025.
Blackstone has reported Invested Capital for 18 years, with the latest figure at $8.4 billion in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital rose 4.92% year-over-year to $8.4 billion; the trailing twelve-month figure through Mar 2026 stood at $8.4 billion (up 4.92% YoY), and the FY2025 full-year result was $20.5 billion, up 9.67% from the prior year.
- Invested Capital for Q1 2026 stood at $8.4 billion, down from $20.5 billion in the prior quarter.
- The five-year high for Invested Capital was $20.5 billion in Q4 2025, with the low at $6.8 billion in Q4 2023.
- Average Invested Capital over 5 years is $11.7 billion, with a median of $8.4 billion recorded in 2026.
- Year-over-year, Invested Capital plunged 63.55% in 2022 and jumped 183.76% in 2025.
- Tracing BX's Invested Capital over 5 years: stood at $7.7 billion in 2022, then fell by 10.96% to $6.8 billion in 2023, then jumped by 174.23% to $18.7 billion in 2024, then grew by 9.67% to $20.5 billion in 2025, then sank by 59.17% to $8.4 billion in 2026.
- The last three Invested Capital figures came in at $8.4 billion (Q1 2026), $20.5 billion (Q4 2025), and $19.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 69.22 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 8.37 Bn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 30.50 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 8.59 Bn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 53.75 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 8.75 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 12.99 Bn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 12.75 Bn |
| 10 | Raymond James Financial | 28.62 Bn | 17.38 Bn | - | 12.57 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.37 Bn |
| Dec 31, 2025 | 20.50 Bn |
| Sep 30, 2025 | 19.89 Bn |
| Jun 30, 2025 | 19.59 Bn |
| Mar 31, 2025 | 7.98 Bn |
| Dec 31, 2024 | 18.69 Bn |
| Sep 30, 2024 | 7.01 Bn |
| Jun 30, 2024 | 17.79 Bn |
| Mar 31, 2024 | 6.96 Bn |
| Dec 31, 2023 | 6.82 Bn |
| Sep 30, 2023 | 17.46 Bn |
| Jun 30, 2023 | 7.22 Bn |
| Mar 31, 2023 | 7.09 Bn |
| Dec 31, 2022 | 7.66 Bn |
| Sep 30, 2022 | 7.59 Bn |
| Jun 30, 2022 | 8.63 Bn |
| Mar 31, 2022 | 9.66 Bn |
| Dec 31, 2021 | 9.42 Bn |
| Sep 30, 2021 | 20.81 Bn |
| Jun 30, 2021 | 8.41 Bn |
| Mar 31, 2021 | 16.76 Bn |
| Dec 31, 2020 | 6.65 Bn |
| Sep 30, 2020 | 13.44 Bn |
| Mar 31, 2020 | 5.38 Bn |
| Dec 31, 2019 | 7.01 Bn |
| Sep 30, 2019 | 14.54 Bn |
| Jun 30, 2019 | 6.31 Bn |
| Mar 31, 2019 | 14.01 Bn |
| Dec 31, 2018 | 13.61 Bn |
| Jun 30, 2018 | 14.48 Bn |
| Mar 31, 2018 | 13.32 Bn |
| Dec 31, 2017 | 13.51 Bn |
| Mar 31, 2017 | 434.88 Mn |
| Dec 31, 2016 | 648.77 Mn |
| Dec 31, 2015 | 515.05 Mn |
| Dec 31, 2014 | 307.13 Mn |
| Dec 31, 2013 | 34.01 Mn |
| Mar 31, 2012 | 9.41 Bn |
| Dec 31, 2011 | 8.67 Bn |
| Sep 30, 2011 | 7.85 Bn |
| Jun 30, 2011 | 8.51 Bn |
| Mar 31, 2011 | 7.76 Bn |
| Dec 31, 2010 | 7.65 Bn |
| Sep 30, 2010 | 7.07 Bn |
| Jun 30, 2010 | 6.58 Bn |
| Dec 31, 2009 | 6.02 Bn |