Revenue segments as reported by the company.

Management and Advisory Fees, Net

Incentive Fees

Investment Income

Interest and Dividend Revenue

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Compensation and Benefits

General, Administrative and Other

Interest Expense

Fund Expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Blackstone Group

The Weather Channel is an American basic cable and satellite television channel, owned by Byron Allen's Entertainment Studios. Its headquarters are located in Atlanta, Georgia. Launched on May 2, 1982, the channel broadcasts weather forecasts and weather-related news and analysis, along with documentaries and entertainment programming related to weather. A sister network, Weatherscan, is a digital cable and satellite service that offers 24-hour automated local forecasts and radar imagery.

The Weather Channel

Hilton Worldwide, formerly Hilton Hotels Corporation, is an American multinational hospitality company that manages and franchises a broad portfolio of hotels and resorts. Founded by Conrad Hilton in 1919, the corporation is now led by Christopher J. Nassetta. Hilton is headquartered in Tysons Corner, Virginia. As of December 2017, its portfolio includes more than 5,200 properties (including timeshare properties) with over 856,000 rooms in 105 countries and territories. Prior to their December 2013 IPO, Hilton was ranked as the 36th largest privately held company in the United States by Forbes.

Hilton Worldwide

Blackstone, Inc. engages in the provision of investment and fund management services. It operates through the following segments: Real Estate, Private Equity, Credit and Insurance, and Hedge Fund Solutions. The Real Estate segment includes management of opportunistic real estate funds, Core+ real estate funds, high-yield real estate debt funds, and liquid real estate debt funds. The Private Equity segment consists of management of flagship corporate private equity funds, sector and geographically focused corporate private equity funds, core private equity funds, an opportunistic investment platform, a secondary fund of funds business, infrastructure-focused funds, a life sciences investment platform, a growth equity investment platform, a multi-asset investment program for eligible high net worth investors and a capital markets services business. The Credit and Insurance segment refers to Blackstone Credit, which is organized into two overarching strategies: private credit which includes mezzanine direct lending funds, private placement strategies, stressed and distressed strategies and energy strategies, and liquid credit which consists of CLOs, closed-ended funds, open ended funds and separately managed accounts. In addition, the segment includes an insurer-focused platform, an asset-based finance platform, and publicly traded master limited partnership investment platform. The Hedge Fund Solutions segment focuses on Blackstone Alternative Asset Management, which manages a broad range of commingled and customized hedge fund of fund solutions. It also includes a GP Stakes business and investment platforms that invest directly, as well as investment platforms that seed new hedge fund businesses and create alternative solutions through daily liquidity products. The company was founded by Stephen Allen Schwarzman in 1985 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Blackstone Group reports record earnings and eyes strategic growth

Blackstone Group (BX) showcased robust financial performance, growth in assets under management, and strong client interest in alternatives.
The company's focus on innovation, strategic positioning, and diverse product offerings bode well for continued success and expansion.
Despite market challenges, Blackstone remains optimistic about growth opportunities across various sectors, including infrastructure, real estate, and private equity.

Blackstone reports solid Q1 earnings, eyes growth in real estate

Blackstone's Q1 performance reflects resilience and strategic positioning in real estate and alternative investments, despite market challenges.
The company's strengths in risk management, consistent judgment, and competitive positioning in the private wealth space bode well for long-term success.
While facing fundraising challenges and market uncertainties, Blackstone remains focused on leveraging opportunities in real estate debt, private lending, and retail growth.

Blackstone Group excels in Q2, surpasses $1 trillion AUM

Blackstone Group's Q2 2023 earnings call highlighted strong financial performance, surpassing $1 trillion in assets under management, and significant investments in energy transition. The company's global platform, successful investment strategies, and growth in various sectors position them well for future opportunities. Challenges include regulatory impacts and ensuring margin stability amidst market conditions.

Blackstone reports stable earnings, eyes $1 trillion AUM growth

Blackstone's Q3 performance reflects stability and strength in earnings and investment appreciation, positioning the firm for future growth.
Despite challenges in certain markets and distribution limitations, Blackstone's brand strength, global insights, and dry powder offer resilience and growth potential.
The firm's strategic integration of key groups and focus on long-term performance underscore its commitment to delivering value to investors and shareholders.
Opportunities in expanding AUM, exploring new channels, and maintaining a focus on quality credit present avenues for Blackstone's continued success.

Blackstone Group excels in Q4 2023, eyes growth opportunities

Blackstone Group's Q4 2023 earnings call highlighted strong financial performance, outperforming public indices and surpassing $1 trillion in assets under management. The company anticipates a positive outlook for 2024, focusing on fee growth, margin stability, and strategic market opportunities.

Blackstone Group (BX) reports robust Q1 earnings and eyes growth opportunities

Blackstone Group (BX) delivered strong financial results in Q1 2024, showcasing growth in fee-related earnings and successful capital raising. The company faces challenges in net realizations and credit market competition but maintains disciplined underwriting standards. Opportunities lie in real estate deployment, private credit momentum, and global wealth management.

Blackstone Group reports robust Q2 performance and eyes growth opportunities

Blackstone Group (BX) delivered a strong performance in Q2 2024, driven by robust financial results across its diversified businesses and positive investment performance.
The company's strengths in fundraising achievements, infrastructure platform, and strategic investments position it well for future growth and profitability.
While facing challenges such as potential interest rate cuts and election impact, Blackstone has opportunities to leverage its strengths and drive continued success.
Overall, Blackstone Group's performance, strengths, challenges, and opportunities indicate a resilient and promising outlook for the company's future growth and value creation.

Blackstone Group reports robust Q3 earnings and eyes growth opportunities

Blackstone Group's Q3 performance reflects strong financial results, strategic investments, and market leadership. Despite challenges in the IPO market, the company is well-positioned to capitalize on growth opportunities in various business segments.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

This is a series of articles discussing retirement portfolios using BDCs currently yielding around 12% and their safer notes, baby bonds/preferred shares with yield-to-maturities ranging from 6% to 9%. This article discusses the interest expense and asset coverage ratios for one of the higher quality BDCs and its investment-grade bond. I prefer bonds/notes (with CUSIPS) to the Baby Bonds (with tickers), due to the "make-whole premiums," compensating bondholders for the interest they would have earned if they were called/redeemed early.

Building A Balanced Portfolio With Blackstone Secured Lending

Blackstone (BX) integrates its credit, asset-based finance and insurance groups into a single unit called Blackstone Credit & Insurance.

Blackstone (BX) Combines Its Credit and Insurance Groups

Global asset manager The Blackstone Group (NYSE:BX) will acquire rights to a catalogue of best-selling songs by artists such as the Rolling Stones from a UK-based listed fund run by investment adviser Hipgnosis Song Management Ltd.   According to a statement, a swathe of song rights held by the investment adviser's publicly listed music intellectual property fund will be sold to a private vehicle it owns with the private-equity firm.

Blackstone to acquire song rights from listed Hipgnosis fund

AvalonBay Communities

Brookfield Asset Management

Brookfield Corp

Boston Properties

Camden Property

Cousins Properties

Douglas Emmett

Equity Residential

Hudson Pacific Properties

Independence Realty Trust

Kilroy Realty

Mid-America Apartment Communities

NexPoint Residential Trust

SL Green Realty

SPDR S&P 500 ETF Trust

Vornado Realty Trust

Vanguard Real Estate ETF

Commercial real estate market is just beginning to experience the pain of the correction, according to billionaire investor Jeff Greene. Office buildings are expected to be the hardest hit, with declining leasing volume and potential defaults on loans. Retail, industrial, and residential real estate are expected to fare better, with little risk of oversupply and high occupancy rates.

Billionaire Commercial Real Estate Investor Says 'The Worst Is Yet To Come'

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today the integration of its market-leading corporate credit, asset-based finance, and insurance groups into a single new unit, Blackstone Credit & Insurance (BXCI). Credit and Insurance is Blackstone's fastest-growing segment – more than doubling to $295 billion in assets under management over the last three years. Today, Blackstone's market-leading businesses include: the largest BDC (BCRED), largest private credit energy transiti.

Blackstone Integrates Leading Credit and Insurance Businesses to Form Blackstone Credit and Insurance (BXCI) in Push Toward Next $1 Trillion

Allegion

Ford Motor Company

Fair Isaac

General Motors

L3Harris

Lowe's

Here's a look at seven stocks to buy and hold onto for the long haul. Tech stocks aren't the only drivers of wealth in today's economy, although many may be quick to tell you otherwise.

7 Stocks to Invest In for Big-Time, Long-Term Gains

London Stock Exchange Group PLC

Blackstone's continued divestment in its stake in capital markets and data company London Stock Exchange Group PLC (LSE:LSEG) is serving as a “positive catalyst for LSEG shares”, according to UBS analysts. Announced today, Blackstone is set to finalise its third round of LSEG share disposals through the sale of 43.1 million shares, thereby reducing Blackstone's total ownership in LSEG to 10.7%, down from 18.4%.

Blackstone exit bodes well for London Stock Exchange Group, say analysts

Blackstone Inc. and Airbnb are set to join the S&P 500, causing a rally in their stocks. Newly-included SPX stocks often underperform in the short run, though. Blackstone's valuation, growth trajectory, and technical upside potential make it a buy, despite potential short-term performance concerns.

Blackstone: S&P 500 Inclusion Deserved, Big Growth Expected In 2024

Thomson Reuters

Investors in the London Stock Exchange Group , including Blackstone and Thomson Reuters , , are launching a sale of roughly 28.3 million shares worth about 2.3 billion pounds ($2.9 billion), bookrunners for the deal said on Wednesday.

LSEG investors Thomson Reuters, Blackstone to sell $2.9 billion shares in bourse operator

Blackstone Inc. (BX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Blackstone Inc. (BX) Soars 3.6%: Is Further Upside Left in the Stock?

Blackstone Inc.'s BX, +3.32% inclusion in the S&P 500 SPX, -0.36% marks “another important milestone” for the private equity firm, after it crossed $1 trillion in assets under management in July, a spokesperson for the firm said in an email to MarketWatch. “We are gratified to be joining the S&P 500 and pleased that this will make our stock even easier for shareholders to access,” the spokesperson said.

Blackstone marks ‘another important milestone' with S&P 500 inclusion

Airbnb

Airbnb Inc (NASDAQ:ABNB) stock jumped in Tuesday pre-market trading after it secured a position on the S&P 500 index along with Blackstone Inc as part of S&P Indices quarterly rebalance. Ahead of the opening bell, Airbnb traded 6% higher at $140.44 while Blackstone was 3.4% up at $108.

Airbnb stock jumps as it books a place with Blackstone on S&P 500

Shares of Blackstone Inc. BX, -1.77% rose 4%, while shares of Airbnb Inc. ABNB, +0.87% were rising 5% after S&P Dow Jones Indices announced that both names would gain inclusion into the S&P 500. The changes take effect before the start of trading Sept.

Airbnb and Blackstone shares rise on S&P 500 inclusion, and other stocks on the move

Blackstone (BX) is joining the S&P 500 index prior to the start of trading on Sep 18, replacing Lincoln National.

Blackstone (BX) to be Added to S&P 500 Index Post Rebalancing

Aaron's

Ally Financial

Apple Hospitality REIT

Blackstone Mortgage Trust

Deere & Company

Energizer Holdings

FutureFuel

Foot Locker

Fidelity National Financial

GoDaddy

Hannon Armstrong Sustainable Infrastructure Capital

Hawaiian Electric Industries

Highwoods Properties

Liberty Oilfield Services

Lincoln National

Vail Resorts

Orion Office REIT

Permian Resources Corp

RBC Bearings Inc

RE/MAX Hld

S&P Global

Sensata Technologies Hld

Sensient Technologies

Trinseo PLC

Universal Insurance Hlds

Vistra Energy

NEW YORK , Sept. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 18, to coincide with the quarterly rebalance.

Blackstone and Airbnb Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600

It replaces Lincoln National in the popular index.

Blackstone Stock Jumps After Getting Added to the S&P 500

Walgreens

Blackstone Inc. BX, -1.77% and Airbnb Inc. ABNB, +0.87% will join the S&P 500 index SPX, +0.18% before trading opens on Sept. 18, replacing Lincoln National Corp. LNC, +2.14% and Newell Brands Inc. NWL, +1.23%, S&P Dow Jones Indices said on Friday.

Airbnb, Blackstone to join S&P 500, while Deere will replace Walgreens in S&P 100

Devon Energy

Improving conditions in the credit market could enable Blackstone to realize a lot more performance revenue in 2024. A trio of catalysts could fuel a significant surge in Devon Energy's cash flows.

Seeking More Income? These Dividends Are Down but Could Rocket Higher in 2024.

The Blackstone Group (NYSE:BX) is teaming up with Hudson Pacific Properties and office giant Vornado Reality Trust on the construction of Manhattan's first film and television production studio at Pier 94.  The three companies are investing a combined $350 million in the joint venture, which is also a public-private partnership with New York's Economic Development Corporation.

Blackstone invests in Manhattan's first film and TV production studio joint venture

News for Blackstone Group Stock (BX)