Company / SG&A Expense
Blackstone Inc. SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$1.5B
FY2025
5-year range
$917.8M / $1.5B
FY2021-FY2025
Trend
+11.9%
vs FY2024
Sector context
#23 of 131
Financials
What the data says
Blackstone Inc.'s sg&a expense of $1.5B is higher than 82% of companies in the Financials sector (FY2025). SG&A Expense has increased for 8 consecutive years, from $489M in FY2017 to $1.5B in FY2025.
Based on SEC 10-K filings.
$1.5B in FY2025 with a 5-year CAGR of +16.5%. Top quartile in the Financials sector.
Increased from $1.1B to $1.5B over the past 2 years.
Financials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +11.7%
- 5-Year CAGR
- +16.5%
- 10-Year CAGR
- -
Sector benchmark
Bottom 18% in FinancialsTop 82% of 131This company $1.5B Sector average $902.0M
▼
+69.0% above sector average
Key checks
Key Insights
- Blackstone Inc.'s sg&a expense has grown for 8 consecutive years.
- 5-year CAGR of +16.5%, indicating consistent growth.
- In FY2025, sg&a expense increased 11.9% year-over-year.
- Ranks #23 out of 131 companies in the Financials sector.
Company context
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.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.5B | +11.9% |
| FY2024 | $1.4B | +21.9% |
| FY2023 | $1.1B | +2.3% |
| FY2022 | $1.1B | +19.0% |
| FY2021 | $917.8M | +29.0% |
| FY2020 | $711.8M | +4.8% |
| FY2019 | $679.4M | +14.2% |
| FY2018 | $594.9M | +21.8% |
| FY2017 | $488.6M | -9.8% |
| FY2016 | $541.6M | -6.0% |
As of FY2025 · SEC 10-K · Updated Mar 3, 2026