Blackstone Inc. (BX) Stock

About Blackstone Inc.

Blackstone Inc. operates as a prominent alternative asset manager, specializing in a broad spectrum of investment strategies. Its expertise encompasses real estate, private equity, credit solutions, comprehensive hedge fund offerings, public debt and equity, multi-asset class approaches, and secondary funds of funds. While often backing nascent businesses, the firm also extends its services to capital markets. Its real estate division targets diverse opportunities: high-potential opportunistic ventures, core-plus assets, and stable, income-generating commercial properties. Additionally, it engages in debt investments secured by commercial real estate. These activities span North America, Europe, and Asia. Blackstone's global private equity arm executes varied transactions, including substantial buyouts, mid-market acquisitions, special situations, and distressed mortgage loans. They also manage "buy and build" platforms, which involve consolidating multiple acquisitions under a single management team, alongside growth equity and development projects, often taking significant majority stakes or minority positions in operating companies. The scope of its investments covers sectors like shipping, real estate, corporate and consumer debt, and greenfield alternative energy projects in energy, power, and property development. The firm actively seeks opportunities in dislocated markets, shipping, financial institution breakups, reinsurance, and initiatives aimed at improving freight mobility. Key industry focuses further include financial services, healthcare, life sciences, enterprise technology, and consumer goods, including consumer tech. Beyond these, it actively explores investment prospects across Asia and Latin America, typically maintaining a three-year investment period for its ventures. The hedge fund business provides a broad range of commingled and customized fund solutions. Concurrently, its credit division concentrates on loans and securities issued by non-investment grade entities. These span the entire capital structure, encompassing senior debt, subordinated debt, preferred stock, and common equity. Established in 1985, Blackstone Inc. is headquartered in New York City, with a significant global presence through additional offices throughout Asia, Europe, and North America.

Blackstone Inc. is led by CEO Stephen Allen Schwarzman, employs 4,895 people, headquartered in New York City, US, publicly traded since 2007.

Blackstone Inc. (BX) stock trades at $129.42 with a market capitalization of $156.34B. The stock is valued at a price-to-earnings (P/E) ratio of 31.36, price-to-book of 16.87, price-to-sales of 9.39. Over the past 52 weeks the stock has ranged between $101.73 and $190.09, and currently trades 31.9% below its 52-week high. It pays a dividend yielding 3.94%.

On profitability, Blackstone Inc. generates a return on equity (ROE) of 34.84% — well above the market average, a sign of a high-quality business, return on capital employed of 32.80%, an operating margin of 51.91%, a net profit margin of 20.38%.

In its most recent fiscal year, Blackstone Inc. reported annual revenue of $13.8B, net profit of $3.0B, revenue has compounded at 20.7% a year over the last five years, profit at 23.6% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 1.69, a current ratio of 0.91, total assets of $47.7B, $2.6B in cash and equivalents.

BX has an average daily trading volume of 5,348,021 shares, a beta of 1.58 (more volatile than the overall market).

Official website: www.blackstone.com