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Dec 31, 2022

BlackStone Q4 2022 Earnings Report

Blackstone's Q4 2022 results were reported, revealing a decrease in net income but a record AUM.

Key Takeaways

Blackstone reported Q4 2022 results with a GAAP Net Income of $743 million and record total assets under management of $975 billion, despite challenging market conditions. The company saw $43 billion in inflows during the quarter and declared a dividend of $0.91 per share.

GAAP Net Income was $743 million for the quarter.

Total assets under management grew to a record $975 billion, up 11% year over year.

Inflows of $43 billion in the fourth quarter.

A dividend of $0.91 per common share was declared, payable on February 13, 2023.

Total Revenue
$2.34B
Previous year: $4.46B
-47.5%
EPS
$1.07
Previous year: $1.71
-37.4%
Dry Powder
$187B
Gross Profit
-$2.01B
Previous year: $4.2B
-147.9%
Cash and Equivalents
$4.25B
Previous year: $2.12B
+100.6%
Free Cash Flow
$666M
Previous year: -$834M
-179.9%
Total Assets
$42.5B
Previous year: $41.2B
+3.2%

BlackStone

BlackStone

Forward Guidance

The report provided forward-looking statements regarding Blackstone's operations, taxes, earnings, financial performance, share repurchases, and dividends, subject to various risks and uncertainties.