Blackstone (BX) Net Margin (2009 - 2026)
Blackstone (BX) posted quarterly Net Margin of 34.77% for Q1 2026, down 197.0% year-over-year from 35.85% in Q1 2025, and down 23.22% quarter-over-quarter from 45.29% in Q4 2025.
Blackstone (BX) Net Margin (2009 - 2026) Analysis & Trends
Blackstone's Net Margin history runs 18 years deep, the most recent figure standing at 34.77% for Q1 2026.
- In Q1 2026, Net Margin fell 197.0% year-over-year to 34.77%; the TTM figure through Mar 2026 stood at 41.25% (up 189.0% YoY), while the FY2025 annual figure was 41.84%, up 74.0% from the prior year.
- Net Margin for Q1 2026 stood at 34.77%, down from 45.29% in the prior quarter.
- The five-year high for Net Margin was 48.72% in Q1 2022, with the low at 40.64% in Q2 2022.
- The 5-year median for Net Margin is 40.05% (2025), against an average of 30.5%.
- The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 9465 bps in 2022, then surged 8341 bps in 2023.
- Blackstone's Net Margin stood at 43.62% in 2022, then sank by 81 bps to 8.49% in 2023, then jumped by 408 bps to 43.11% in 2024, then climbed by 5 bps to 45.29% in 2025, then fell by 23 bps to 34.77% in 2026.
- Business Quant data shows BX's Net Margin at 34.77% in Q1 2026, 45.29% in Q4 2025, and 40.05% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 27.15% |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 46.71% |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 11.53% |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 1.88% |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 51.57% |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 11.98% |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 25.35% |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 22.20% |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 58.35% |
| 10 | Raymond James Financial | 33.40 Bn | 20.15 Bn | - | 13.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 46.71% |
| Mar 31, 2026 | 34.77% |
| Dec 31, 2025 | 45.29% |
| Sep 30, 2025 | 40.05% |
| Jun 30, 2025 | 43.81% |
| Mar 31, 2025 | 36.75% |
| Dec 31, 2024 | 43.11% |
| Sep 30, 2024 | 42.71% |
| Jun 30, 2024 | 33.91% |
| Mar 31, 2024 | 43.28% |
| Dec 31, 2023 | 8.49% |
| Sep 30, 2023 | 36.23% |
| Jun 30, 2023 | 42.77% |
| Mar 31, 2023 | 15.25% |
| Dec 31, 2022 | 43.62% |
| Sep 30, 2022 | 0.35% |
| Jun 30, 2022 | -40.64% |
| Mar 31, 2022 | 48.72% |
| Dec 31, 2021 | 51.02% |
| Sep 30, 2021 | 51.51% |