Blackstone reported its second quarter 2023 results, with GAAP Net Income of $1.2 billion and Total Assets Under Management reaching $1.0 trillion.
Total Assets Under Management (AUM) reached $1.0 trillion, a 6% increase year-over-year.
Fee Related Earnings (FRE) were $1.1 billion, or $0.94 per share.
Distributable Earnings (DE) were $1.2 billion, or $0.93 per share.
A dividend of $0.79 per common share was declared, payable on August 7, 2023.
This presentation contains forward-looking statements regarding Blackstone's operations, taxes, earnings, financial performance, share repurchases, and dividends, which are subject to risks and uncertainties detailed in their SEC filings.
Visualization of income flow from segment revenue to net income