Blackstone Balance Sheet (2009-2025) | BX

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Balance Sheet	Mar2009	Jun2009	Sep2009	Dec2009	Mar2010	Jun2010	Sep2010	Dec2010	Mar2011	Jun2011	Sep2011	Dec2011	Mar2012	Jun2012	Sep2012	Dec2012	Mar2013	Jun2013	Sep2013	Dec2013	Mar2014	Jun2014	Sep2014	Dec2014	Mar2015	Jun2015	Sep2015	Dec2015	Mar2016	Jun2016	Sep2016	Dec2016	Mar2017	Jun2017	Sep2017	Dec2017	Mar2018	Jun2018	Sep2018	Dec2018	Mar2019	Jun2019	Sep2019	Dec2019	Mar2020	Jun2020	Sep2020	Dec2020	Mar2021	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025
Assets
Current Assets
Cash & Equivalents	0.78B	0.78B	0.83B	0.95B	0.63B	0.51B	1.02B	0.59B	0.46B	0.43B	0.59B	0.75B	0.39B	0.41B	0.83B	0.71B	0.82B	0.66B	0.89B	0.83B	0.79B	1.22B	0.94B	1.41B	1.14B	2.16B	1.38B	1.84B	1.37B	1.50B	1.78B	6.13B	2.30B	8.96B	10.10B	1.99B	7.19B	1.71B	1.94B	2.21B	1.57B	1.48B	2.47B	2.17B	2.07B	1.98B	2.63B	2.00B	2.86B	2.47B	5.01B	2.12B	3.87B	4.18B	3.48B	4.25B	2.83B	3.28B	2.97B	2.96B	2.50B	2.38B	2.35B	1.97B	2.39B	2.24B	2.43B
Short-term Investments																0.06B	0.05B	0.05B	0.05B
Cash & Current Investments	0.78B	0.78B	0.83B	0.95B	0.63B	0.51B	1.02B	0.59B	0.46B	0.43B	0.59B	0.75B	0.39B	0.41B	0.83B	0.76B	0.86B	0.71B	0.93B	0.83B	0.79B	1.22B	0.94B	1.41B	1.14B	2.16B	1.38B	1.84B	1.37B	1.50B	1.78B	6.13B	2.30B	8.96B	10.10B	1.99B	7.19B	1.71B	1.94B	2.21B	1.57B	1.48B	2.47B	2.17B	2.07B	1.98B	2.63B	2.00B	2.86B	2.47B	5.01B	2.12B	3.87B	4.18B	3.48B	4.25B	2.83B	3.28B	2.97B	2.96B	2.50B	2.38B	2.35B	1.97B	2.39B	2.24B	2.43B
Receivables - Net	0.08B	0.07B	0.24B	0.31B	-0.01B	0.41B	0.42B	0.50B	0.38B	0.53B	0.44B	0.41B	0.58B	0.59B	0.50B	0.64B	0.71B	0.94B	0.85B	0.89B	1.11B	1.08B	0.94B	0.56B	1.26B	0.66B	0.88B	0.61B	0.66B	0.69B	0.51B	0.77B	1.27B	1.11B	0.91B	0.88B	0.74B	0.92B	0.88B	0.64B	0.71B	0.80B	0.76B	0.98B	0.70B	0.50B	0.48B	0.87B	0.98B	0.58B	0.50B	0.64B	0.52B	0.77B	0.84B	0.46B	0.92B	0.66B	0.69B	0.19B	0.20B	0.25B	0.30B	0.24B	0.22B	0.36B	0.54B
Receivables - Other								0.18B		0.19B	0.17B	0.23B	0.26B	0.28B	0.28B	0.26B	0.36B	0.32B	0.17B	0.31B	0.24B	0.28B	0.27B	0.37B	0.34B	0.40B	0.38B	0.32B	0.30B	0.29B	0.33B	0.46B	0.44B	0.40B	0.65B																					4.15B		4.29B	4.40B	4.47B	4.70B	4.87B	5.16B	5.41B	5.43B	5.52B	5.85B
Receivables	0.08B	0.07B	0.24B	0.31B	-0.01B	0.41B	0.42B	0.67B	0.38B	0.72B	0.61B	0.64B	0.84B	0.87B	0.78B	0.90B	1.06B	1.26B	1.03B	1.20B	1.35B	1.36B	1.21B	0.93B	1.60B	1.07B	1.25B	0.93B	0.96B	0.98B	0.83B	1.23B	1.72B	1.51B	1.55B	0.88B	0.74B	0.92B	0.88B	0.64B	0.71B	0.80B	0.76B	0.98B	0.70B	0.50B	0.48B	0.87B	0.98B	0.58B	0.50B	0.64B	0.52B	0.77B	0.84B	4.61B	0.92B	4.96B	5.09B	4.66B	4.89B	5.12B	5.46B	5.65B	5.66B	5.87B	6.39B
Prepaid Assets								0.08B				0.08B				0.08B				0.06B	0.15B	0.10B	0.14B	0.10B	0.22B	0.16B	0.15B	0.19B	0.14B	0.14B	0.15B	0.10B	0.08B	0.08B	0.09B	0.08B	0.09B	0.09B	0.10B	0.11B
Non-Current Assets
Property, Plant & Equipment (Net)								0.14B				0.15B				0.14B				0.14B	0.13B	0.13B	0.13B	0.14B	0.13B	0.14B	0.17B	0.14B	0.14B	0.14B	0.14B	0.13B	0.13B	0.13B	0.13B	0.13B	0.12B	0.12B	0.12B	0.12B
Long-Term Investments	2.40B	2.53B	3.81B	3.57B	7.67B	10.50B	11.03B	11.97B	12.68B	15.32B	14.85B	15.13B	19.75B	19.35B	20.77B	20.85B	19.95B	19.90B	20.15B	21.73B	21.91B	21.63B	22.12B	22.77B	22.90B	15.92B	15.30B	14.32B	14.63B	15.14B	15.96B	17.69B	18.14B	20.55B	22.39B	24.43B	19.76B	22.01B	22.09B	20.38B	21.18B	22.24B	22.20B	22.28B	16.43B	18.97B	14.42B	15.62B	17.94B	22.16B	25.10B	28.67B	30.07B	27.32B	26.26B	27.55B	26.99B	27.05B	27.34B	26.15B	25.92B	26.43B	28.32B	29.80B	30.26B	31.14B	31.53B
Goodwill	1.70B	1.70B	1.70B	1.70B	1.70B	1.70B	1.70B	1.70B	1.70B	1.70B	1.70B	1.70B	1.70B	1.70B	1.70B	1.70B	1.70B	1.70B	1.79B	1.79B	1.79B	1.79B	1.79B	1.79B	1.79B	1.79B	1.79B	1.72B	1.72B	1.72B	1.72B	1.72B	1.72B	1.72B	1.72B	1.78B	1.78B	1.78B	1.78B	1.90B	1.87B	1.87B	1.87B	1.90B	1.87B	1.87B	1.87B	1.90B	1.89B	1.89B	1.89B	1.90B	1.89B	1.89B	1.89B	1.90B	1.89B	1.89B	1.89B	1.90B	1.89B	1.89B	1.89B	1.89B	1.89B	1.89B	1.89B
Intangibles	1.04B	1.00B	0.96B	0.92B	0.88B	0.86B	0.82B	0.78B	0.74B	1.39B	1.39B	0.60B	1.54B	1.54B	1.54B	0.60B	1.54B	1.54B	1.59B	0.56B	1.46B	1.46B	1.46B	0.46B	1.46B	1.46B	1.46B	0.35B	1.42B	1.42B	1.42B	1.40B	1.40B	1.40B	1.40B	0.19B	1.59B	1.59B	1.59B	0.47B	0.45B	0.43B	0.42B	0.40B	0.38B	0.36B	0.34B	0.35B	0.34B	0.32B	0.30B	0.28B	0.27B	0.25B	0.23B	0.22B	0.23B	0.22B	0.21B	0.20B	0.19B	0.18B	0.17B	0.17B	0.16B	0.15B	0.14B
Goodwill & Intangibles	2.74B	2.70B	2.66B	2.62B	2.58B	2.56B	2.52B	2.48B	2.44B	3.10B	3.10B	2.30B	3.24B	3.24B	3.24B	2.30B	3.24B	3.24B	3.38B	2.35B	3.25B	3.25B	3.25B	2.25B	3.25B	3.25B	3.25B	2.06B	3.14B	3.14B	3.14B	3.12B	3.12B	3.12B	3.12B	1.97B	3.37B	3.37B	3.37B	2.37B	2.32B	2.30B	2.29B	2.30B	2.25B	2.23B	2.21B	2.25B	2.23B	2.21B	2.19B	2.18B	2.16B	2.14B	2.12B	2.12B	2.12B	2.11B	2.10B	2.10B	2.08B	2.07B	2.06B	2.06B	2.05B	2.04B	2.03B
Long-Term Deferred Tax	0.85B	-0.02B	-0.13B	0.94B	0.08B	1.09B	1.12B	1.24B	1.39B	1.44B	1.47B	1.26B	1.29B	1.23B	1.22B	1.29B	1.32B	1.29B	1.28B	1.21B	1.23B	1.19B	1.22B	1.25B	1.24B	1.31B	1.37B	1.28B	1.30B	1.29B	1.29B	1.29B	1.26B	1.29B	1.26B	0.73B	0.72B	0.72B	0.71B	0.74B	0.73B	0.74B	0.94B	1.09B	1.39B	1.32B	1.31B	1.24B	1.40B	1.32B	1.12B	1.58B	1.33B	1.65B	1.77B	2.06B	2.21B	2.18B	2.18B	2.33B	2.26B	2.29B	2.28B	2.00B	2.16B	2.11B	2.10B
Other Non-Current Assets	0.05B	0.02B	0.06B	0.17B	-0.01B		0.30B	0.29B	0.25B	0.34B	0.33B	0.34B	0.46B	0.46B	0.38B	0.38B	0.34B	0.35B	0.31B	0.28B	0.35B	0.30B	0.36B	0.32B	0.46B	0.34B	0.37B	0.38B	0.32B	0.34B	0.37B	0.26B	0.26B	0.23B	0.25B	0.24B	0.24B	0.25B	0.27B	0.29B	0.30B	0.35B	0.40B	0.38B	0.54B	0.50B	0.54B	0.48B	0.43B	0.56B	0.54B	0.49B	0.42B	0.66B	0.79B	0.80B	0.83B	0.91B	0.97B	0.94B	1.07B	1.08B	0.93B	0.95B	0.93B	0.88B	0.90B
Assets	7.67B	7.70B	8.73B	9.41B	13.49B	16.47B	17.74B	18.84B	19.25B	22.33B	22.07B	21.91B	26.55B	26.14B	27.80B	28.93B	27.98B	27.74B	28.03B	29.68B	30.03B	30.06B	30.51B	31.50B	32.41B	24.68B	23.62B	22.53B	22.05B	23.04B	24.41B	26.40B	28.34B	30.13B	31.76B	34.42B	27.93B	30.08B	30.46B	231.18B	29.87B	30.97B	32.39B	284.93B	26.95B	28.84B	25.04B	324.40B	29.71B	33.30B	39.04B	553.33B	43.34B	41.63B	40.26B	631.51B	41.09B	41.58B	41.66B	40.29B	39.71B	40.59B	42.58B	43.47B	45.26B	45.37B	46.55B
Liabilities
Current Liabilities
Accounts Payables	0.21B	-0.91B	0.14B	0.31B	0.02B	0.67B	0.62B	0.63B	0.66B	0.74B	0.70B	0.83B	1.01B	0.82B	0.83B	1.04B	1.39B	1.10B	1.12B	0.87B	1.42B	1.39B	2.05B	1.19B	1.25B	0.94B	0.82B	0.65B	0.56B	0.65B	0.97B	1.08B	1.71B	1.74B	1.40B	2.04B	1.25B	0.95B	0.83B	0.88B	0.74B	0.93B	1.07B	0.81B	1.00B	0.92B	0.80B	0.72B	0.84B	1.21B	0.87B	0.94B	1.05B	0.99B	1.14B	1.25B	1.58B	1.38B	1.59B	2.28B	2.02B	2.01B	2.20B	2.79B	2.47B	2.50B	2.92B
Payables	0.21B	-0.91B	0.14B	0.31B	0.02B	0.67B	0.62B	0.63B	0.66B	0.74B	0.70B	0.83B	1.01B	0.82B	0.83B	1.04B	1.39B	1.10B	1.12B	0.87B	1.42B	1.39B	2.05B	1.19B	1.25B	0.94B	0.82B	0.65B	0.56B	0.65B	0.97B	1.08B	1.71B	1.74B	1.40B	2.04B	1.25B	0.95B	0.83B	0.88B	0.74B	0.93B	1.07B	0.81B	1.00B	0.92B	0.80B	0.72B	0.84B	1.21B	0.87B	0.94B	1.05B	0.99B	1.14B	1.25B	1.58B	1.38B	1.59B	2.28B	2.02B	2.01B	2.20B	2.79B	2.47B	2.50B	2.92B
Accumulated Expenses	-0.16B	-0.11B	0.01B	0.49B	0.42B	0.57B	0.76B	0.82B	0.69B	0.98B	1.04B	0.90B	0.82B	0.98B	1.30B	1.25B	1.12B	1.38B	1.63B	2.13B	1.97B	2.35B	2.62B	2.44B	2.43B	2.44B	2.36B	2.03B	1.85B	2.09B	2.29B	2.33B	2.22B	2.44B	2.82B	2.62B	2.61B	2.99B	3.41B	2.94B	3.00B	3.31B	3.62B	3.80B	1.97B	2.55B	3.35B	3.43B	4.38B	5.79B	7.40B	7.91B	8.14B	6.77B	6.73B	6.10B	5.47B	5.69B	5.98B	5.25B	5.38B	5.70B	6.40B	6.09B	6.16B	6.07B	6.39B
Non-Current Liabilities
Non-Current Debt	0.08B	0.08B	0.67B	1.41B	3.97B	6.35B	6.74B	7.20B	7.33B	9.30B	9.41B	8.87B	12.69B	12.11B	12.88B	13.05B	11.90B	11.36B	10.80B	10.47B	9.99B	8.99B	7.81B	8.92B	9.06B	5.84B	6.16B	6.12B	6.36B	6.74B	7.24B	8.87B	9.80B	11.19B	12.58B	14.82B	9.31B	10.20B	10.16B	9.95B	10.01B	10.68B	11.27B	11.08B	10.39B	10.84B	5.57B	5.64B	5.57B	5.59B	7.53B	7.75B	8.94B	9.37B	9.26B	12.35B	12.31B	12.30B	12.11B	11.30B	10.74B	10.69B	10.75B	11.32B	12.45B	12.01B	12.00B
Minority Interest	0.43B	0.45B	0.47B	0.53B	0.55B			0.60B	0.67B	0.78B	0.72B	1.09B	0.62B	1.26B	1.45B	1.56B	1.64B	1.98B	2.12B	1.95B	2.18B	2.28B	2.44B	2.44B	0.19B	0.20B	0.18B	0.18B	0.18B	0.17B	0.19B	0.19B	0.19B	0.19B	0.20B	0.21B	0.21B	0.16B	0.15B	3.58B	0.14B	0.10B	3.79B	3.82B	2.53B	2.87B	3.31B	3.83B	4.52B	5.21B	6.12B	6.61B	6.79B	6.15B	5.45B	5.25B	4.92B	5.07B	5.15B	4.90B	5.21B	5.27B	5.55B	4.33B	4.10B	4.39B	4.33B
Non-Current Deferred Tax Liability																				0.00B				0.00B
Operating Leases																																									0.59B	0.57B	0.56B	0.54B	0.61B	0.64B	0.62B	0.62B	0.84B	0.84B	0.86B	0.91B	0.99B	0.99B	0.99B	1.02B	1.02B	1.01B	0.98B	0.99B	0.95B	1.14B	1.14B	0.97B	0.94B	0.92B	0.89B
Other Non-Current Liabilities	2.08B	2.05B	2.85B	2.87B	6.49B			6.43B		8.57B	8.66B	8.08B	11.84B	11.24B	11.42B	11.54B	10.36B	9.81B	9.25B	8.91B	8.41B	6.88B	5.68B	6.80B	6.93B	3.03B	3.36B	3.32B	3.55B	3.95B	4.45B	5.47B	6.39B	7.71B	9.11B	0.00B	5.83B	0.00B	0.00B	0.03B																2.12B		2.09B	2.19B	2.39B	2.14B	2.36B	2.62B	2.81B	3.36B	2.80B	3.00B
Total Non-Current Liabilities	0.43B	0.45B	0.47B		0.55B			4.16B		4.48B	4.84B	4.58B	4.68B	4.64B	5.53B	6.17B	6.26B	5.93B	6.28B	6.39B	6.84B	7.37B	8.44B	7.37B	7.52B	7.74B	7.59B	6.97B	6.59B	6.98B	7.61B	8.42B	8.84B	9.16B	9.19B	20.69B	8.58B	15.44B	15.75B	37.69B																195.23B		20.40B	20.66B	19.82B	19.09B	19.55B	20.49B	21.17B	22.03B	21.49B	22.19B
Total Liabilities	2.51B	2.50B	3.31B	2.87B	7.04B	9.35B	10.09B	10.59B	10.82B	13.05B	13.50B	12.66B	16.52B	15.88B	16.96B	17.72B	16.61B	15.74B	15.53B	15.30B	15.26B	14.25B	14.12B	14.16B	14.45B	10.77B	10.95B	10.30B	10.14B	10.93B	12.06B	13.89B	15.23B	16.87B	18.30B	20.69B	14.41B	15.44B	15.75B	37.72B	15.73B	16.91B	17.76B	55.88B	15.37B	16.35B	11.54B	66.35B	12.88B	14.75B	18.16B	144.63B	21.10B	20.30B	20.52B	197.35B	22.37B	22.49B	22.85B	22.21B	21.23B	21.91B	23.11B	23.97B	25.39B	24.29B	25.19B
Shareholder's Equity
Total Debt	0.08B	0.08B	0.67B	1.41B	3.97B	6.35B	6.74B	7.20B	7.33B	9.30B	9.41B	8.87B	12.69B	12.11B	12.88B	13.05B	11.90B	11.36B	10.80B	10.47B	9.99B	8.99B	7.81B	8.92B	9.06B	5.84B	6.16B	6.12B	6.36B	6.74B	7.24B	8.87B	9.80B	11.19B	12.58B	14.82B	9.31B	10.20B	10.16B	9.95B	10.01B	10.68B	11.27B	11.08B	10.39B	10.84B	5.57B	5.64B	5.57B	5.59B	7.53B	7.75B	8.94B	9.37B	9.26B	12.35B	12.31B	12.30B	12.11B	11.30B	10.74B	10.69B	10.75B	11.32B	12.45B	12.01B	12.00B
Common Equity	5.16B	5.20B	5.42B	6.02B	6.45B	6.58B	7.07B	7.65B	7.76B	8.51B	7.85B	8.16B	9.41B	9.01B	9.39B	9.66B	9.73B	10.02B	10.39B	12.43B	12.60B	13.53B	13.95B	14.89B	14.21B	13.72B	12.49B	12.05B	11.73B	11.94B	12.16B	12.33B	12.91B	13.07B	13.26B	13.51B	13.32B	14.48B	14.55B	13.61B	14.01B	13.96B	14.54B	15.02B	11.51B	12.43B	13.44B	14.53B	16.76B	18.48B	20.81B	21.64B	22.20B	20.06B	18.39B	17.97B	17.07B	17.46B	17.46B	16.90B	17.54B	17.79B	18.57B	18.69B	18.48B	19.59B	19.89B
Shareholder's Equity	3.43B	3.35B	0.02B	6.02B	3.44B	6.58B	7.07B	7.65B	7.76B	8.51B	7.85B	8.16B	9.41B	9.01B	9.39B	9.66B	9.73B	10.02B	10.39B	12.43B	12.60B	13.53B	13.95B	14.89B	14.21B	13.72B	12.49B	12.05B	11.73B	11.94B	12.16B	12.33B	12.91B	13.07B	13.26B	13.51B	13.32B	14.48B	14.55B	13.61B	14.01B	13.96B	14.54B	15.02B	11.51B	12.43B	13.44B	14.53B	16.76B	18.48B	20.81B	21.64B	22.20B	20.06B	18.39B	17.97B	17.07B	17.46B	17.46B	16.90B	17.54B	17.79B	18.57B	18.69B	18.48B	19.59B	19.89B
Liabilities and Shareholders Equity	7.67B	7.70B	8.73B	9.41B	13.49B	16.47B	17.74B	18.84B	19.25B	22.33B	22.07B	21.91B	26.55B	26.14B	27.80B	28.93B	27.98B	27.74B	28.03B	29.68B	30.03B	30.06B	30.51B	31.50B	32.41B	24.68B	23.62B	22.53B	22.05B	23.04B	24.41B	26.40B	28.34B	30.13B	31.76B	34.42B	27.93B	30.08B	30.46B	231.18B	29.87B	30.97B	32.39B	284.93B	26.95B	28.84B	25.04B	324.40B	29.71B	33.30B	39.04B	553.33B	43.34B	41.63B	40.26B	631.51B	41.09B	41.58B	41.66B	40.29B	39.71B	40.59B	42.58B	43.47B	45.26B	45.37B	46.55B
Retained Earnings	-0.00B	0.00B	-0.00B	0.00B	0.00B	0.00B	0.01B	0.47B	0.30B	0.21B	-0.05B	0.39B	0.76B	0.97B	0.74B	0.51B	0.41B	0.34B	0.30B	0.30B	0.23B	0.22B	0.12B	0.08B	0.10B	-0.04B	-0.05B	-0.05B	-0.05B	-0.05B	-0.05B	-0.06B	-0.06B	-0.05B	-0.03B	-0.03B	-0.03B	-0.06B	-0.04B	-0.04B	-0.03B	-0.03B	0.46B	0.61B	-0.87B	-0.57B	-0.04B	0.34B	1.41B	2.13B	3.03B	3.65B	3.81B	2.80B	1.87B	1.75B	1.16B	1.16B	1.11B	0.66B	0.80B	0.61B	0.76B	0.81B	0.32B	0.36B	0.18B
Treasury Shares						0.00B	0.00B	0.00B	0.00B	0.09B	0.09B	0.00B	0.09B	0.07B	0.07B		0.07B																					0.00B	0.01B	0.02B	0.00B	0.01B	0.01B	0.01B	0.01B	0.01B	0.01B	0.01B		0.00B	0.01B	0.01B	0.03B	0.00B	0.00B	0.00B	0.00B	0.00B	0.00B	0.04B	0.00B	0.00B	0.00B	0.03B	0.03B	0.04B	0.03B

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Blackstone Balance Sheet (2009-2025) | BX

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