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BlackStone
🇺🇸 NYSE:BX
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•
Mar 31, 2023

BlackStone Q1 2023 Earnings Report

Blackstone's first quarter results highlighted the exceptional strength and stability of the firm, protecting limited partners’ capital in volatile markets and receiving $40 billion of inflows.

Key Takeaways

Blackstone reported GAAP Net Income of $211 million and Distributable Earnings of $1.2 billion. The company's AUM reached $991.3 billion, up 8% year-over-year, with inflows of $40.4 billion. Blackstone declared a quarterly dividend of $0.82 per share.

GAAP Net Income was $211 million for the quarter.

Fee Related Earnings were $1.0 billion ($0.86/share) in the quarter.

Distributable Earnings were $1.2 billion ($0.97/share) in the quarter.

Total Assets Under Management reached $991.3 billion, up 8% year-over-year.

Total Revenue
$2.49B
Previous year: $3.5B
-29.0%
EPS
$0.97
Previous year: $1.55
-37.4%
Total AUM
$991B
Previous year: $915B
+8.3%
Fee-Earning AUM
$732B
Inflows
$40.4B
Previous year: $49.9B
-19.0%
Gross Profit
$1.23B
Previous year: $1.99B
-38.2%
Cash and Equivalents
$2.83B
Previous year: $3.87B
-26.8%
Free Cash Flow
$283M
Previous year: $2.69B
-89.5%
Total Assets
$41.1B
Previous year: $43.3B
-5.2%

BlackStone

BlackStone

BlackStone Revenue by Segment

Forward Guidance

This presentation contains forward-looking statements that reflect current views with respect to operations, taxes, earnings and financial performance, share repurchases and dividends. These statements are subject to risks and uncertainties.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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