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Blackstone Inc. (BX) Stock Fundamental Analysis & AI Rating 2026

BX NYSE Investment Advice DE CIK: 0001393818
Updated This Month • Analysis: Mar 21, 2026 • SEC Data: 2025-12-31
📅 Next earnings: Apr 23, 2026 (in 7 days) • Pre-market ET • EPS est. $1.33 (vs $1.09 prior year) • All earnings →
Combined AI Rating
BUY
78% Confidence
STRONG AGREEMENT
BUY
78% Conf
BUY
79% Conf

📊 BX Key Takeaways

Revenue: $14.5B
Net Margin: 20.9%
Free Cash Flow: $4.5B
Current Ratio: N/A
Debt/Equity: 1.45x
EPS: $3.87
AI Rating: BUY with 78% confidence
Blackstone Inc. (BX) receives a BUY rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $14.5B, net profit margin of 20.9%, and return on equity (ROE) of 34.8%, Blackstone Inc. demonstrates strong fundamentals in the Market sector. Below is our complete BX stock analysis for 2026.

Is Blackstone Inc. (BX) a Good Investment?

Claude

Blackstone demonstrates exceptional financial strength with robust profitability metrics, strong cash generation, and excellent operational efficiency despite a significant net income decline. The company's 49.6% operating margin, 31.5% FCF margin, and 14.1x interest coverage reflect a well-managed business with substantial pricing power and financial resilience.

ChatGPT

Blackstone shows elite underlying profitability, with a 49.6% operating margin, 34.8% ROE, and free cash flow of $4.55B, indicating a highly scalable fee-based platform. Revenue growth of 9.2% and strong cash generation support fundamental quality, but the 50.1% drop in net income highlights earnings volatility that is typical for alternative asset managers and tempers conviction somewhat.

Why Buy Blackstone Inc. Stock? BX Key Strengths

Claude
  • + Exceptional operating margin of 49.6% demonstrates strong operational efficiency and pricing power
  • + Robust free cash flow generation of $4.5B with 31.5% FCF margin indicating high-quality earnings conversion
  • + Strong balance sheet with 14.1x interest coverage and manageable 1.45x debt-to-equity ratio
  • + Revenue growth of 9.2% YoY despite challenging market conditions shows resilience and market demand
  • + Outstanding ROE of 34.8% demonstrates efficient capital deployment and shareholder value creation
  • + Significant insider activity with 17 Form 4 filings suggesting leadership confidence
ChatGPT
  • + Very high operating profitability and returns on equity signal a strong franchise with scalable economics
  • + Free cash flow generation is robust, with $4.55B of FCF and a 31.5% FCF margin
  • + Interest coverage of 14.1x suggests debt is currently manageable despite meaningful leverage

BX Stock Risks: Blackstone Inc. Investment Risks

Claude
  • ! Net income declined 50.1% YoY despite revenue growth, indicating significant operating headwinds or one-time charges requiring investigation
  • ! EPS growth of only 6.9% lags revenue growth, suggesting margin compression or increased share count dilution
  • ! Long-term debt of $12.6B represents meaningful financial leverage that could constrain flexibility in downturns
  • ! Dependence on investment management and advisory services exposes company to market cyclicality and asset performance volatility
  • ! Data freshness note at 2025-12-31 (future date) suggests potential data quality concerns or reporting anomalies
ChatGPT
  • ! Net income fell 50.1% year over year, showing that bottom-line results can be volatile
  • ! Debt-to-equity of 1.45x and $12.58B of long-term debt add balance-sheet risk if operating conditions weaken
  • ! Cash of $2.63B is modest relative to total liabilities of $25.83B, limiting balance-sheet flexibility

Key Metrics to Watch

Claude
  • * Net income trend recovery and margin expansion in subsequent quarters
  • * Operating cash flow sustainability and capital expenditure requirements
  • * Debt service capacity and refinancing needs given macroeconomic conditions
  • * Assets under management (AUM) growth and fee revenue realization
  • * Operating margin maintenance at elevated 49%+ levels
ChatGPT
  • * Net income and margin stability versus revenue growth
  • * Free cash flow conversion and leverage trends

Blackstone Inc. (BX) Financial Metrics & Key Ratios

Revenue
$14.5B
Net Income
$3.0B
EPS (Diluted)
$3.87
Free Cash Flow
$4.5B
Total Assets
$47.7B
Cash Position
$2.6B

💡 AI Analyst Insight

The 31.5% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.

BX Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 49.6%
Net Margin 20.9%
ROE 34.8%
ROA 6.3%
FCF Margin 31.5%

BX vs Market Sector: How Blackstone Inc. Compares

How Blackstone Inc. compares to Market sector averages

Net Margin
BX 20.9%
vs
Sector Avg 12.0%
BX Sector
ROE
BX 34.8%
vs
Sector Avg 15.0%
BX Sector
Current Ratio
BX 0.0x
vs
Sector Avg 1.8x
BX Sector
Debt/Equity
BX 1.5x
vs
Sector Avg 0.7x
BX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Blackstone Inc. Stock Overvalued? BX Valuation Analysis 2026

Based on fundamental analysis, Blackstone Inc. has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
34.8%
Sector avg: 15%
Net Profit Margin
20.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.45x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Blackstone Inc. Balance Sheet: BX Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
1.45x
Debt/Assets
54.1%
Interest Coverage
14.11x
Long-term Debt
$12.6B

BX Revenue & Earnings Growth: 5-Year Financial Trend

BX 5-year financial data: Year 2021: Revenue $22.6B, Net Income $2.0B, EPS $3.03. Year 2022: Revenue $22.6B, Net Income $1.0B, EPS $1.50. Year 2023: Revenue $22.6B, Net Income $5.9B, EPS $8.13. Year 2024: Revenue $13.2B, Net Income $1.7B, EPS $2.36. Year 2025: Revenue $14.5B, Net Income $1.4B, EPS $1.84.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Blackstone Inc.'s revenue has declined by 36% over the 5-year period, indicating business contraction. The most recent EPS of $1.84 reflects profitable operations.

BX Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
31.5%
Free cash flow / Revenue

BX Quarterly Earnings & Performance

Quarterly financial performance data for Blackstone Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $3.1B $624.9M $0.80
Q2 2025 $2.8B $444.4M $0.58
Q1 2025 $3.3B $614.9M $0.80
Q3 2024 $2.5B $552.0M $0.73
Q1 2024 $1.4B $85.8M $0.11
Q3 2023 $1.1B $2.3M $0.00
Q2 2023 $629.2M -$29.4M $-0.04
Q1 2023 $1.4B $85.8M $0.11

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Blackstone Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$4.7B
Cash generated from operations
Capital Expenditures
$115.7M
Investment in assets
Dividends Paid
$6.0B
Returned to shareholders

BX SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Blackstone Inc. (CIK: 0001393818)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 4 xslF345X06/ownership.xml View →
Apr 3, 2026 4 xslF345X06/ownership.xml View →
Apr 3, 2026 4 xslF345X06/ownership.xml View →
Apr 3, 2026 4 xslF345X06/ownership.xml View →
Apr 3, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about BX

What is the AI rating for BX?

Blackstone Inc. (BX) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BX's key strengths?

Claude: Exceptional operating margin of 49.6% demonstrates strong operational efficiency and pricing power. Robust free cash flow generation of $4.5B with 31.5% FCF margin indicating high-quality earnings conversion. ChatGPT: Very high operating profitability and returns on equity signal a strong franchise with scalable economics. Free cash flow generation is robust, with $4.55B of FCF and a 31.5% FCF margin.

What are the risks of investing in BX?

Claude: Net income declined 50.1% YoY despite revenue growth, indicating significant operating headwinds or one-time charges requiring investigation. EPS growth of only 6.9% lags revenue growth, suggesting margin compression or increased share count dilution. ChatGPT: Net income fell 50.1% year over year, showing that bottom-line results can be volatile. Debt-to-equity of 1.45x and $12.58B of long-term debt add balance-sheet risk if operating conditions weaken.

What is BX's revenue and growth?

Blackstone Inc. reported revenue of $14.5B.

Does BX pay dividends?

Blackstone Inc. pays dividends, with $6,013.4M distributed to shareholders in the trailing twelve months.

Where can I find BX SEC filings?

Official SEC filings for Blackstone Inc. (CIK: 0001393818) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BX's EPS?

Blackstone Inc. has a diluted EPS of $3.87.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is BX a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Blackstone Inc. has a BUY rating with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is BX stock overvalued or undervalued?

Valuation metrics for BX: ROE of 34.8% (sector avg: 15%), net margin of 20.9% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.

Should I buy BX stock in 2026?

Our dual AI analysis gives Blackstone Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is BX's free cash flow?

Blackstone Inc.'s operating cash flow is $4.7B, with capital expenditures of $115.7M. FCF margin is 31.5%.

How does BX compare to other Market stocks?

Vs Default sector averages: Net margin 20.9% (avg: 12%), ROE 34.8% (avg: 15%), current ratio N/A (avg: 1.8).

Why is BX's return on equity (ROE) so high?

Blackstone Inc. has a return on equity of 34.8%, significantly above the Market sector average of 15%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 20.9% net margin.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2025-12-31 | Powered by Claude AI