Blackstone Group Inc Net Assets
Blackstone Group Inc net assets. Based on the latest financial reports, Blackstone Group Inc (BX) has net assets worth $22.43 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($49.89 Billion) and total liabilities ($27.46 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See BX equity to assets ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $22.43 Billion |
| % of Total Assets | 44.96% |
| Annual Growth Rate | 1.59% |
| 5-Year Change | 0.81% |
| 10-Year Change | 74.84% |
| Growth Volatility | 180.78 |
Net Assets of Blackstone Group Inc (1999–2025)
Net assets of Blackstone Group Inc from 1999 to 2025. This chart illustrates how Blackstone Group Inc's net assets have evolved over time, based on quarterly financial data. Also explore BX net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Blackstone Group Inc (1999–2025)
The table below shows the annual net assets of Blackstone Group Inc from 1999 to 2025. For live market cap and overall valuation, see BX market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $21.88 Billion | +12.24% |
| 2024-12-31 | $19.50 Billion | +7.85% |
| 2023-12-31 | $18.08 Billion | -8.16% |
| 2022-12-31 | $19.68 Billion | -9.33% |
| 2021-12-31 | $21.71 Billion | +48.77% |
| 2020-12-31 | $14.59 Billion | -3.39% |
| 2019-12-31 | $15.10 Billion | +9.81% |
| 2018-12-31 | $13.75 Billion | +0.23% |
| 2017-12-31 | $13.72 Billion | +9.65% |
| 2016-12-31 | $12.51 Billion | +2.33% |
| 2015-12-31 | $12.23 Billion | -29.44% |
| 2014-12-31 | $17.33 Billion | +20.56% |
| 2013-12-31 | $14.38 Billion | +28.20% |
| 2012-12-31 | $11.21 Billion | +21.21% |
| 2011-12-31 | $9.25 Billion | +12.10% |
| 2010-12-31 | $8.25 Billion | +26.13% |
| 2009-12-31 | $6.54 Billion | +6.95% |
| 2008-12-31 | $6.12 Billion | -40.63% |
| 2007-12-31 | $10.31 Billion | -67.30% |
| 2006-12-31 | $31.52 Billion | +65.55% |
| 2005-12-31 | $19.04 Billion | +883.17% |
| 2004-12-31 | $1.94 Billion | +79.20% |
| 2003-12-31 | $1.08 Billion | +161.17% |
| 2002-12-31 | $413.76 Million | -97.15% |
| 1999-12-31 | $14.53 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Blackstone Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 42.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Blackstone Group Inc Net Assets Breakdown (December 2025)
Blackstone Group Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $191.64 Million | 2.21% |
| Common Stock | $7.00K | 0.00% |
| Other Comprehensive Income | $-6.01 Million | -0.07% |
| Other Components | $8.48 Billion | 97.86% |
| Total Equity | $8.67 Billion | 100.00% |
Blackstone Group Inc Competitors by Market Cap
The table below lists competitors of Blackstone Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Marsh & McLennan Companies Inc
NYSE:MMC
|
$89.51 Billion |
|
Vertiv Holdings Co
NYSE:VRT
|
$89.51 Billion |
|
Synopsys Inc
NASDAQ:SNPS
|
$89.58 Billion |
|
CSX Corporation
NASDAQ:CSX
|
$89.60 Billion |
|
Brookfield Corporation
TO:BN
|
$89.09 Billion |
|
Westpac Banking Corporation
AU:WBC
|
$88.97 Billion |
|
Emerson Electric Company
NYSE:EMR
|
$88.28 Billion |
|
Petróleo Brasileiro S.A. - Petrobras
SA:PETR3
|
$87.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blackstone Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,212,321,000 to 8,665,526,000, a change of 453,205,000 (5.5%).
- Net income of 3,019,214,000 contributed positively to equity growth.
- Dividend payments of 6,013,385,000 reduced retained earnings.
- Share repurchases of 312,480,000 reduced equity.
- Other comprehensive income increased equity by 34,318,000.
- Other factors increased equity by 3,725,538,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.02 Billion | +34.84% |
| Dividends Paid | $6.01 Billion | -69.39% |
| Share Repurchases | $312.48 Million | -3.61% |
| Other Comprehensive Income | $34.32 Million | +0.4% |
| Other Changes | $3.73 Billion | +42.99% |
| Total Change | $- | 5.52% |
Book Value vs Market Value Analysis
This analysis compares Blackstone Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 10.68x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.54x to 10.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $76.77 | $118.51 | x |
| 2002-12-31 | $2.19 | $118.51 | x |
| 2003-12-31 | $5.71 | $118.51 | x |
| 2004-12-31 | $10.53 | $118.51 | x |
| 2005-12-31 | $103.54 | $118.51 | x |
| 2006-12-31 | $14.81 | $118.51 | x |
| 2007-12-31 | $16.26 | $118.51 | x |
| 2008-12-31 | $13.08 | $118.51 | x |
| 2009-12-31 | $11.69 | $118.51 | x |
| 2010-12-31 | $11.99 | $118.51 | x |
| 2011-12-31 | $9.82 | $118.51 | x |
| 2012-12-31 | $10.15 | $118.51 | x |
| 2013-12-31 | $10.68 | $118.51 | x |
| 2014-12-31 | $28.27 | $118.51 | x |
| 2015-12-31 | $10.55 | $118.51 | x |
| 2016-12-31 | $10.81 | $118.51 | x |
| 2017-12-31 | $9.96 | $118.51 | x |
| 2018-12-31 | $10.57 | $118.51 | x |
| 2019-12-31 | $10.37 | $118.51 | x |
| 2020-12-31 | $9.54 | $118.51 | x |
| 2021-12-31 | $13.09 | $118.51 | x |
| 2022-12-31 | $10.33 | $118.51 | x |
| 2023-12-31 | $9.02 | $118.51 | x |
| 2024-12-31 | $10.71 | $118.51 | x |
| 2025-12-31 | $11.10 | $118.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blackstone Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 34.84%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.83%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 5.51x
- Recent ROE (34.84%) is above the historical average (23.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 14.01% | 56.07% | 0.14x | 1.80x | $582.27 Million |
| 2002 | 9.53% | 12.40% | 0.03x | 25.01x | $-1.93 Million |
| 2003 | 87.09% | 85.99% | 0.07x | 13.82x | $833.02 Million |
| 2004 | 78.67% | 302.57% | 0.02x | 10.98x | $1.33 Billion |
| 2005 | 6.99% | 24.39% | 0.26x | 1.11x | $-573.17 Million |
| 2006 | 83.23% | 26.03% | 0.26x | 12.45x | $1.99 Billion |
| 2007 | 38.40% | 19.23% | 0.64x | 3.12x | $1.20 Billion |
| 2008 | -33.14% | 0.00% | -0.11x | 2.70x | $-1.51 Billion |
| 2009 | -21.17% | -36.91% | 0.21x | 2.78x | $-1.05 Billion |
| 2010 | -8.48% | -11.07% | 0.18x | 4.32x | $-806.34 Million |
| 2011 | -3.60% | -5.75% | 0.13x | 4.69x | $-635.37 Million |
| 2012 | 4.00% | 5.11% | 0.15x | 5.29x | $-328.09 Million |
| 2013 | 18.57% | 16.74% | 0.24x | 4.71x | $540.53 Million |
| 2014 | 9.14% | 20.20% | 0.25x | 1.82x | $-148.77 Million |
| 2015 | 11.32% | 14.72% | 0.21x | 3.59x | $82.81 Million |
| 2016 | 16.08% | 23.28% | 0.17x | 4.09x | $392.91 Million |
| 2017 | 22.18% | 24.62% | 0.17x | 5.19x | $807.92 Million |
| 2018 | 24.17% | 25.87% | 0.21x | 4.53x | $903.87 Million |
| 2019 | 29.24% | 32.16% | 0.20x | 4.65x | $1.35 Billion |
| 2020 | 15.71% | 19.36% | 0.21x | 3.95x | $380.16 Million |
| 2021 | 62.16% | 34.76% | 0.41x | 4.37x | $4.92 Billion |
| 2022 | 22.83% | 23.46% | 0.18x | 5.55x | $982.04 Million |
| 2023 | 20.40% | 18.70% | 0.18x | 5.91x | $709.20 Million |
| 2024 | 33.81% | 24.41% | 0.26x | 5.29x | $1.96 Billion |
| 2025 | 34.84% | 21.83% | 0.29x | 5.51x | $2.15 Billion |
Industry Comparison
This section compares Blackstone Group Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $725,187,812
- Average return on equity (ROE) among peers: -56.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blackstone Group Inc (BX) | $22.43 Billion | 14.01% | 1.22x | $89.19 Billion |
| Acadian Asset Management Inc (AAMI) | $-21.60 Million | 0.00% | 0.00x | $3.16 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.30 Billion | 15.06% | 0.01x | $3.19 Billion |
| Associated Capital Group Inc (AC) | $651.26 Million | 0.46% | 0.16x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $440.82 Million | -22.01% | 0.14x | $265.69 Million |
| AFC Gamma Inc (AFCG) | $320.05 Million | 6.55% | 0.46x | $67.85 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $194.14 Million |
| Alpha Compute Corp (ALP) | $12.33 Million | -46.28% | 0.02x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $83.45 Million | -7.38% | 0.39x | $262.31 Million |
| Amber International Holding Limited (AMBR) | $79.29 Million | -255.69% | 1.80x | $154.04 Million |
| Affiliated Managers Group, Inc. (AMG) | $4.38 Billion | 12.90% | 1.02x | $10.08 Billion |
About Blackstone Group Inc
Blackstone Inc. is an alternative asset management firm specializing in private equity, venture capital, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage, seed, middle market, mature, late venture, growth capital, emerging growth, turnaround, and later stage companies. It also pr… Read more