Blackstone (BX) Tax Rate (2009 - 2026)
Blackstone (BX) recorded quarterly Tax Rate of 13.55% in Q1 2026, down 16.41% quarter-over-quarter from 16.21% in Q4 2025, and down 324.0% on a YoY basis from 6.05% in Q1 2025.
Blackstone (BX) Tax Rate (2009 - 2026) Analysis & Trends
Blackstone's Tax Rate history runs 18 years deep, the most recent figure standing at 13.55% for Q1 2026.
- In Q1 2026, Tax Rate fell 324.0% year-over-year to 13.55%; the TTM figure through Mar 2026 stood at 15.03% (down 124.0% YoY), while the FY2025 annual figure was 15.69%, down 13.0% from the prior year.
- Tax Rate was 13.55% for Q1 2026 at Blackstone, down from 16.21% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 96.22% in Q3 2022 to a low of 23.44% in Q4 2022.
- Historically, Tax Rate has averaged 17.35% across 5 years, with a median of 15.65% in 2023.
- The sharpest annual moves came in 2022 and 2023: Tax Rate soared 8370 bps in 2022, then sank 7863 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 23.44% in 2022, then jumped by 226 bps to 29.63% in 2023, then tumbled by 50 bps to 14.89% in 2024, then increased by 9 bps to 16.21% in 2025, then retreated by 16 bps to 13.55% in 2026.
- The last three Tax Rate figures came in at 13.55% (Q1 2026), 16.21% (Q4 2025), and 14.49% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 18.16 |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 13.55 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 40.05 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 598.59 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 21.16 |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 20.02 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 24.99 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 19.13 |
| 10 | Principal Financial | 23.79 Bn | 20.28 Bn | -463.00 Mn | 14.30 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.55% |
| Mar 31, 2026 | 13.55% |
| Dec 31, 2025 | 16.21% |
| Dec 31, 2025 | 16.21% |
| Sep 30, 2025 | 14.49% |
| Sep 30, 2025 | 14.49% |
| Jun 30, 2025 | 15.11% |
| Jun 30, 2025 | 15.11% |
| Mar 31, 2025 | 16.79% |
| Mar 31, 2025 | 16.79% |
| Dec 31, 2024 | 14.89% |
| Dec 31, 2024 | 14.89% |
| Sep 30, 2024 | 13.55% |
| Sep 30, 2024 | 13.55% |
| Jun 30, 2024 | 21.53% |
| Jun 30, 2024 | 21.53% |
| Mar 31, 2024 | 15.09% |
| Mar 31, 2024 | 15.09% |
| Dec 31, 2023 | 29.63% |
| Dec 31, 2023 | 29.63% |