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Jun 30, 2020

BlackStone Q2 2020 Earnings Report

Blackstone reported a strong quarter with investment performance rebounding sharply and continued capital deployment in high conviction sectors.

Key Takeaways

Blackstone reported a strong second quarter in 2020, marked by a rebound in investment performance and significant capital deployment. The firm attracted $20 billion in inflows and maintained a record $156 billion in dry powder, positioning it well for future market navigation.

Investment performance rebounded sharply during the quarter.

Blackstone deployed capital in high conviction sectors.

The company's limited partners entrusted them with another $20 billion of inflows.

Blackstone has industry-record $156 billion of dry powder.

Total Revenue
$2.52B
Previous year: $1.49B
+69.2%
EPS
$0.43
Previous year: $0.45
-4.4%
Gross Profit
$1.17B
Previous year: $667M
+75.8%
Cash and Equivalents
$1.98B
Previous year: $1.48B
+33.2%
Free Cash Flow
$478M
Previous year: $150M
+219.6%
Total Assets
$28.8B
Previous year: $31B
-6.9%

BlackStone

BlackStone

BlackStone Revenue by Segment

Forward Guidance

This presentation may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 which reflect our current views with respect to, among other things, our operations, taxes, earnings and financial performance, share repurchases and dividends.

Revenue & Expenses

Visualization of income flow from segment revenue to net income