•
Mar 31, 2022

BlackStone Q1 2022 Earnings Report

Blackstone reported one of its best quarters in its 36-year history, demonstrating strong financial performance despite challenging market conditions, driven by flagship strategies and platform expansion.

Key Takeaways

Blackstone reported strong Q1 2022 results, marked by significant inflows of $50 billion and robust performance across its flagship strategies. The company's financial results translated to exceptional returns for shareholders, with a dividend of $1.32 per share declared.

Blackstone's Fee Related Earnings (FRE) reached $1.1 billion ($0.95/share), up 55% year-over-year.

Distributable Earnings (DE) were $1.9 billion ($1.55/share), a 63% increase year-over-year.

Total Assets Under Management (AUM) increased to $915.5 billion, up 41% year-over-year.

The company declared a dividend of $1.32 per common share, payable on May 9, 2022.

Total Revenue
$3.5B
Previous year: $2.05B
+71.0%
EPS
$1.55
Previous year: $0.96
+61.5%
Total AUM
$915B
Previous year: $649B
+41.1%
Inflows
$49.9B
Distributable Earnings
$1.94B
Gross Profit
$1.99B
Previous year: $2.28B
-12.6%
Cash and Equivalents
$3.87B
Previous year: $2.86B
+35.2%
Free Cash Flow
$2.69B
Previous year: $2.28B
+18.3%
Total Assets
$43.3B
Previous year: $29.7B
+45.9%

BlackStone

BlackStone

BlackStone Revenue by Segment

Forward Guidance

This presentation may contain forward-looking statements which reflect our current views with respect to, among other things, our operations, taxes, earnings and financial performance, share repurchases and dividends.