Blackstone Inc. Cash Flow Statement
BX / Financials|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
Blackstone Inc. generated $4.7B in operating cash flow and $4.5B in free cash flow in FY2025. Free cash flow margin was 31.5% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.40 (distress zone, below 1.8 threshold)
- Strong profit margin: 20.6%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 32.3%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $3.0B | $2.8B | $1.4B | $1.7B | $5.9B | $1.0B | $2.0B | $1.5B | $1.5B | $1.0B | $709.8M | $1.6B | $1.2B | $218.6M | -$168.3M |
| Operating Cash Flow | $4.7B | $3.5B | $4.1B | $6.3B | $4.0B | $1.9B | $2.0B | $45.7M | -$1.6B | -$88.6M | $2.4B | $1.7B | $3.5B | $583.2M | $1.1B |
| Capital Expenditures | $115.7M | $61.4M | $224.2M | $235.5M | $64.3M | $111.7M | $60.3M | $18.4M | $24.3M | $21.8M | $59.2M | $30.3M | $25.6M | $37.0M | $36.5M |
| Free Cash Flow | $4.5B | $3.4B | $3.8B | $6.1B | $3.9B | $1.8B | $1.9B | $27.4M | -$1.7B | -$110.4M | $2.3B | $1.6B | $3.5B | $546.1M | $1.1B |
| Dividends Paid | $6.0B | $4.4B | $4.3B | $6.5B | $4.6B | $2.4B | $2.4B | $3.0B | $2.8B | - | - | - | - | - | - |
| FCF Margin | 31.5% | 25.9% | 47.8% | 71.6% | 17.4% | 29.9% | 25.9% | 0.4% | -23.1% | -2.1% | 50.3% | 21.7% | 53.3% | 13.6% | 32.7% |