BlackStone Q3 2021 Earnings Report
Key Takeaways
Blackstone reported record third quarter 2021 results, driven by outstanding investment performance for limited partners. The company's key financial and capital metrics reached record or near-record levels, and earnings increased dramatically. Blackstone has more avenues for growth than ever before and is in the early stages of a long-term acceleration of its business.
Fee Related Earnings (“FRE”) of $779 million ($0.65/share) in the quarter, up 28% year-over-year.
Distributable Earnings (“DE”) of $1.6 billion ($1.28/share) in the quarter, up 112% year-over-year.
Net Accrued Performance Revenues of $8.3 billion ($6.90/share), up 134% year-over-year
Total Assets Under Management (“AUM”) of $730.7 billion, up 25% year-over-year.
BlackStone
BlackStone
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.