Blackstone Inc. · Investment Advice

BX

Low riskNext report: Around Jan 28, 2027 (est.)

View price ↗

The short version

A profitable company with growing sales. Institutions are adding.

Going well

Sales up 36% in the latest quarter vs a year ago
Raised its dividend (3.9% yield)
Profitable every year for 10 years

Money moves

Insiders sold $20.9M in the last 30 days
Institutions added 3.3% to their holdings in the quarter ending June 2026 (1098 bought, 852 sold)
Held by George Soros (Soros Fund)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$119.07+0.9% that day

Company value: $89.4B; Share price times all shares
Price vs profit (P/E): 26.6x; You pay about $27 for each $1 of yearly profit
Price vs sales: 5.5x; Company value is 5.5 times a year of sales
Dividend yield: 3.9%; Yearly dividend as a share of today's price
Cash vs value: 3%; Cash as a share of company value
Debt vs value: 14%; Debt as a share of company value

From BX's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26

$5.0B+36% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $16.1B, up 17% from the 12 months before. Over 5 years, sales grew about 19% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of BX. Starting points are the company's recent numbers.

Sales growth+17% a yearRecently: +17% a yearProfit margin22%Last 12 months: 21.8%P/E at the end27xToday: 26.6x. Many steady companies trade at 12x to 25xShare count change+2% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$35.3B

Profit in 5 years$7.8B

Price these guesses point to$253.16+113% vs $119.07 todayAbout +16% a year, before dividends

What today's price needs: with a 22% margin and a 27x P/E, sales would have to grow about 0.6% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

4/6Mixed

PassReturn on equity 15%+Earns a lot on the money owners have in the business.35.8%
MissDebt under half of equityNot relying on borrowed money.1.45x equity
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.20.9%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$4.5B
MissShare count not growingNot diluting owners. Falling means buybacks.+5.3% in 3 years

Revenue: $14.5B; +9.2% vs prior year
5-year growth: +18.8%/yr; revenue, per year
Total debt: $12.6B; 1.45x equity
Free cash flow: $4.5B; 31.5% of revenue

From annual reports filed with the SEC. Gross margin doesn't apply to banks and insurers, so it isn't scored. A checklist is a starting point for research, not a verdict.

Latest quarter

Quarter ended Sep 30, 2026

Reported Oct 22Before open6:55 am ET

Revenue: $3.1B; +0.8% YoY

From the press release, checked against last year's SEC filing. Cash flow and share count update with the 10-Q.

Insider rating

Last 90 days

14Heavy selling

2 insiders sold $13.1M (not pre-planned)
An insider sold their entire stake
Pre-planned sales of $9.8M (weaker signal)

50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.

Weekly insider trend

13 weeks agoBoughtSoldThis week

Filing buzz

Last 7 days vs normal

42/ 100

This week: 2
Normal week: 2.9
vs normal: 0.7x

SEC filings of any kind. 50 means a normal week.

Institutional ownership

Accumulating+3.3%

Institutions added 3.3% to their holdings. 1098 bought, 852 sold. 2 quarters of net buying in a row.

Shares held by institutions540.1M

Sep '24Jun '26

Safety check

From SEC filings

Share count growthYearly rate, last 3 years

+1.9%

Cash runwayAt last year's cash burn

Cash flow positive

Debt to equityLatest balance sheet: debt compared with what owners have

1.5x · $13.3B debt

Shares outstandingLatest reported

751M

Earnings reports

Last 12

Next reportAround Jan 28, 2027 (est.)Estimated from the same quarter last year

Results filedOct 22
Results filedJul 23
Results filedApr 23
Results filedJan 29
Results filedOct 23, 2025

Flags and big holders

Offerings 6 months, flags 12 months, holders 90 days

Offering prospectusOct 27 · View filing ↗Offering

Insider trades

Open-market buys and sells, last 90 days

Bought$00 insiders

Sold$22.9M2 insiders, 1 pre-planned

Insider	Trade	Shares	Avg price	Value	Owns after	Date
BX Buzz ML-1 GP LLC10% owner	Sell	3M	$3.54	$9.8M	14K	Oct 13Filing ↗
-99.5% of their holdings 7 trades Held See Footnotes Pre-planned sale (10b5-1) Filed jointly with 9 others Filed 1 day after
BX Buzz ML-1 GP LLC10% owner	Sell	4M	$2.94	$11.1M	16K	Sep 28Filing ↗
-99.6% of their holdings 7 trades Held See Footnotes Not a pre-planned sale Filed jointly with 9 others Filed 2 days after
Blackstone Holdings I L.P.10% owner	Sell	125K	$16.40	$2.1M	0	Sep 25Filing ↗
Sold entire stake $16.40 to $17.02 across 2 trades Traded Sep 24 to Sep 25 Held See Footnotes Not a pre-planned sale Filed jointly with 4 others Filed 3 days after