Financials · Asset Management & Custody Banks
Blackstone: revenue, profit and dividends
In fiscal 2025, Blackstone had revenue of $14.5B, up 12.0% a year on average since 2015, and net income of $3.02B (20.9% of revenue). It paid a dividend of $4.69 a share.
Revenue, fiscal 2025
average annual revenue growth since 2015 · +9.2% vs 2024
- Ticker
- BX · NYSE
- Sector
- Financials
- Sub-industry
- Asset Management & Custody Banks
- Headquarters
- New York City, New York
- Founded
- 1985
- In the S&P 500 since
- September 18, 2023
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Blackstone Inc. · CIK 0001393818
Revenue and net income
Revenue went from −$349M in 2008 to $14.5B in 2025. Net loss in 2010–2011.
Diluted earnings per share
Diluted EPS went from $3.03 in 2019 to $3.87 in 2025.
Dividends per share
Raised 2 years in a row, every year from 2024 to 2025.
Shares outstanding
From 676M in 2019 to 780M in 2025.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $4.55B in 2025, 31.5% of revenue. Negative in 2010, 2016–2017.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $14.5B | $3.02B | 20.9% | $3.87 | $4.69 | 780M | $4.66B | $116M | $4.55B |
| 2024 | $13.2B | $2.78B | 21.0% | $3.62 | $3.45 | 767M | $3.48B | $61.4M | $3.42B |
| 2023 | $8.02B | $1.39B | 17.3% | $1.84 | $3.32 | 755M | $4.06B | $224M | $3.83B |
| 2022 | $8.52B | $1.75B | 20.5% | $2.36 | $4.94 | 741M | $6.34B | $235M | $6.1B |
| 2021 | $22.6B | $5.86B | 25.9% | $8.13 | $3.57 | 720M | $3.99B | $64.3M | $3.92B |
| 2020 | $6.1B | $1.05B | 17.1% | $1.50 | $1.91 | 697M | $1.94B | $112M | $1.82B |
| 2019 | $7.34B | $2.05B | 27.9% | $3.03 | $1.92 | 676M | $1.96B | $60.3M | $1.9B |
| 2018 | $6.83B | $1.54B | 22.6% | — | — | — | $45.7M | $18.4M | $27.4M |
| 2017 | $7.15B | $1.47B | 20.6% | — | — | — | −$1.63B | $24.3M | −$1.65B |
| 2016 | $5.15B | $1.04B | 20.2% | — | — | — | −$88.6M | $21.8M | −$110M |
| 2015 | $4.65B | $710M | 15.3% | — | — | — | — | — | — |
| 2014 | $7.48B | $1.58B | 21.2% | — | — | — | — | — | — |
| 2013 | $6.61B | $1.17B | 17.7% | — | — | — | $3.55B | $25.6M | $3.52B |
| 2012 | $4.02B | $219M | 5.4% | — | — | — | $583M | $37M | $546M |
| 2011 | $3.25B | −$168M | −5.2% | — | — | — | $1.1B | $36.5M | $1.06B |
| 2010 | $3.12B | −$370M | −11.9% | — | — | — | −$372M | $54.2M | −$426M |
| 2009 | $1.77B | — | — | — | — | — | $412M | $23.6M | $388M |
| 2008 | −$349M | — | — | — | — | — | $1.89B | $50.1M | $1.84B |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- The share count goes from 1.2B in 2016 to 676M in 2019, far more than buybacks or new shares explain — usually an IPO, a reverse split or a reorganization that the data are not adjusted for. Per-share figures and share counts before 2019 are therefore left out.
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Asset Management & Custody Banks companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.