Blackstone Inc.

Blackstone Inc.

BXยทNYSE

$110.30

-4.0%
Financial ServicesAsset Management

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts,special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, enterprise tech and consumer, as well as consumer technologies. The firm considers investment in Asia and Latin America. It has a three year investment period. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. Blackstone Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe and North America.

At a Glance

Live Snapshot
Market Cap$132.50B
EPS3.8800
P/E Ratio28.43
Earnings Date07/23/2026
Blackstone Inc.

Blackstone Inc. Fair Value Envelope

BX ยท NYSE

Our analysis suggests that BX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $110.3, this represents a potential HIDDEN relative to our calculated worth for Blackstone Inc..

Intrinsic Value
Current Price: $110.3

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$1.7B
+ Cash & Equivalents$2.6B
Firm Value$4.3B
- Debt$13.3B
Equity Value-$9.0B
/ Shares Outstanding782,638,509B
DCF Value-$12
OVERVALUED BY 110%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$949.2M
$484.3M
$247.1M
$126.0M
$64.3M
$32.8M
$16.7M
$8.5M
$4.4M
$2.2M
Maintenance CapEx
-$11.8M
-$6.0M
-$3.1M
-$1.6M
-$799.7K
-$408.0K
-$208.1K
-$106.2K
-$54.2K
-$27.6K
Owner Earnings
$937.4M
$478.2M
$244.0M
$124.5M
$63.5M
$32.4M
$16.5M
$8.4M
$4.3M
$2.2M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$868.0M
$410.0M
$193.7M
$91.5M
$43.2M
$20.4M
$9.6M
$4.6M
$2.2M
$1.0M
Terminal Value represents 1.0% of Enterprise Value