Blackstone Inc. (BX) closed fiscal year 2025 with a net margin of 20.9 %.
Blackstone Inc. (BX) closed fiscal year 2025 with a net margin of 20.9 %. The free cash flow margin was 31.5 %. The series covers 18 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| EBITDA margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| EBIT margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net margin (%) | 1,601.25 % | -141.37 % | -11.86 % | -5.17 % | 5.44 % | 17.71 % | 21.17 % | 15.28 % | 20.19 % | 20.59 % | 22.56 % | 27.93 % | 17.13 % | 25.94 % | 20.52 % | 17.34 % | 20.99 % | 20.89 % |
| FCF margin (%) | -526.77 % | 21.87 % | -13.66 % | 32.69 % | 13.59 % | 53.26 % | 21.71 % | 50.31 % | -2.15 % | -23.10 % | 0.40 % | 25.93 % | 29.90 % | 17.37 % | 71.62 % | 47.77 % | 25.85 % | 31.47 % |