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Dec 31, 2019

BlackStone Q4 2019 Earnings Report

Reported fourth quarter and full year 2019 results, showcasing growth in AUM and distributable earnings.

Key Takeaways

Blackstone reported a strong Q4 2019, marked by a 21% increase in Assets Under Management (AUM) to $571 billion and a rise in distributable earnings. The company declared a dividend of $0.61 per share. Blackstone's strategic expansion and record capital inflows contributed to the positive results.

Total Assets Under Management (AUM) reached a record $571.1 billion, up 21% year-over-year.

Inflows for the quarter were $26.0 billion, bringing the full year inflows to $134.4 billion.

Distributable Earnings (DE) for the quarter were $914 million ($0.72/share), up 27% year-over-year.

Declared a dividend of $0.61 per common share payable on February 18, 2020.

Total Revenue
$2.09B
Previous year: $505M
+314.1%
EPS
$0.71
Previous year: -$0.02
-3650.0%
Total AUM
$571B
Fee-Earning AUM
$408B
Gross Profit
$3.94B
Previous year: $4.27B
-7.7%
Cash and Equivalents
$2.17B
Previous year: $2.21B
-1.6%
Free Cash Flow
$579M
Previous year: $1.38B
-57.9%
Total Assets
$32.6B
Previous year: $28.9B
+12.7%

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