Real Estate was Blackstone’s largest segment in fiscal 2014, bringing in $5.97B of $15.07B (40%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 |
|---|---|---|---|---|---|---|
| Real Estate | $3.16B | $3.27B | $6.41B | $5.97B | ||
| Private Equity | $1.16B | $1.66B | $2.96B | $5.48B | ||
| Credit | $789.98M | $1.56B | $1.76B | $1.49B | ||
| Hedge Fund Solutions | $677.09M | $918.40M | $1.30B | $1.32B | ||
| Credit Businesses | — | — | — | — | ||
| Financial Advisory | $779.75M | $733.61M | $790.35M | $822.63M | ||
| Consolidation Adjustments & Reconciling Items | — | — | — | — | ||
| Total | $6.57B | $8.13B | $13.22B | $15.07B |
Blackstone brought in $15.07B from its five segments in fiscal 2014, the year ended December 31, 2014. That was up 14.0% from $13.22B in fiscal 2013. Real Estate was the largest at $5.97B (39.6%), ahead of Private Equity at $5.48B (36.3%) and Credit at $1.49B (9.9%). The other two segments brought in $2.14B combined.
Compared with fiscal 2013, Private Equity grew fastest, up 84.8% to $5.48B, while Credit fell the most, down 15.6% to $1.49B. From fiscal 2011 to 2014, combined revenue from these segments grew from $6.57B to $15.07B, a compound annual growth rate of 31.9%. Real Estate's share of the total fell from 48.2% to 39.6%.
Blackstone (BX) reports its revenue by segment. In fiscal 2014, Real Estate was its largest segment, bringing in $5.97B (39.6% of the total), followed by Private Equity at $5.48B (36.3%).
Real Estate was Blackstone's largest segment in fiscal 2014, bringing in $5.97B, or 39.6% of the $15.07B total across its five segments.
Among Blackstone's segments that make up at least 2% of revenue, Private Equity grew fastest in fiscal 2014, up 84.8% from $2.96B to $5.48B.
Every figure comes from Blackstone's annual financial filings, as reported. Each line keeps the name Blackstone gives it, and years follow its fiscal calendar.
Blackstone's revenue by segment goes back to fiscal 2009, with figures through fiscal 2014. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.