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Blackstone Inc.

BX · Financials

Last earnings Nov 25, 2024

AI analysis

Q1 2024 · reported Nov 25, 2024

Based on: Earnings release + parent 8-K — transcript not held

No extracted figures held

The event-summary record for this company carries no extracted figures, so the brief and charts cannot be drawn yet. The summary below and the held documents are the record for this event.

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Revenue Recognition Revenues primarily consist of management and advisory fees, incentive fees, investment income, interest and dividend revenue and other.

Income (Loss) on Principal Investments is realized when Blackstone redeems all or a portion of its investment or when Blackstone receives cash income, such as dividends or distributions.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Management s Discussion and Analysis of Financial Condition and Results of Operations 57 2 Part I

Based on: Earnings release + parent 8-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Revenue Recognition Revenues primarily consist of management and advisory fees, incentive fees, investment income, interest and dividend revenue and other.

SEC original ↗Blackstone Inc. — Earnings release (8-K exhibit)EX-99Nov 25, 2024

Income (Loss) on Principal Investments is realized when Blackstone redeems all or a portion of its investment or when Blackstone receives cash income, such as dividends or distributions.

SEC original ↗Blackstone Inc. — Earnings release (8-K exhibit)EX-99Nov 25, 2024

Interest and Dividend Revenue Interest and Dividend Revenue comprises primarily interest and dividend income earned on principal investments not accounted for under the equity method held by Blackstone.

SEC original ↗Blackstone Inc. — Earnings release (8-K exhibit)EX-99Nov 25, 2024

This interest income is recorded within Interest and Dividend Revenue.

SEC original ↗Blackstone Inc. — Earnings release (8-K exhibit)EX-99Nov 25, 2024

Changes in the fair value of consolidated CLO assets and liabilities and related interest, dividend and other income are presented within Net Gains (Losses) from Fund Investment Activities.

SEC original ↗Blackstone Inc. — Earnings release (8-K exhibit)EX-99Nov 25, 2024

Financial instruments that are included in this category generally include general and limited partnership interests in private equity, real estate funds and credit-focused funds, distressed debt and non-investment grade residual interests in securitizations, investments in non-consolidated CLOs and certain over-the-counter derivatives where the fair value is based on unobservable inputs.

SEC original ↗Blackstone Inc. — Earnings release (8-K exhibit)EX-99Nov 25, 2024

Strategy & priorities

Blackstone s asset management business includes global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries and hedge funds.

SEC original ↗Blackstone Inc. — Earnings release (8-K exhibit)EX-99Nov 25, 2024

Fair Value of Financial Instruments GAAP establishes a hierarchical disclosure framework which prioritizes and ranks the level of market price observability used in measuring financial instruments at fair value.

SEC original ↗Blackstone Inc. — Earnings release (8-K exhibit)EX-99Nov 25, 2024

Strategic Partners results presented in Blackstone s condensed consolidated financial statements are reported on a three-month lag from Strategic Partners fund financial statements, which report the performance of underlying investments generally on a same quarter basis, if available.

SEC original ↗Blackstone Inc. — Earnings release (8-K exhibit)EX-99Nov 25, 2024

Therefore, Strategic Partners results presented herein do not reflect the impact of economic and market activity in the current quarter.

SEC original ↗Blackstone Inc. — Earnings release (8-K exhibit)EX-99Nov 25, 2024

Current quarter market activity of Strategic Partners underlying investments is expected to affect Blackstone s reported results in upcoming periods.

SEC original ↗Blackstone Inc. — Earnings release (8-K exhibit)EX-99Nov 25, 2024

Risks & headwinds

In determining the transaction price, an entity may include variable consideration only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized would not occur when the uncertainty associated with the variable consideration is resolved.

SEC original ↗Blackstone Inc. — Earnings release (8-K exhibit)EX-99Nov 25, 2024

Incentive Fees will not be recognized as revenue until (a) it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur, or (b) the uncertainty associated with the variable consideration is subsequently resolved.

SEC original ↗Blackstone Inc. — Earnings release (8-K exhibit)EX-99Nov 25, 2024

Documents

Earnings deck slides

0 decks with slide view

Blackstone Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Blackstone Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Blackstone Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Blackstone Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Blackstone Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Blackstone Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Blackstone Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Blackstone Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Blackstone Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Blackstone Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Blackstone Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Blackstone Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Arthur J. Gallagher & Co. (AJG) FinancialsSun Life Financial (SLF) FinancialsRaymond James Financial (RJF) FinancialsAflac (AFL) FinancialsING Group (ING) FinancialsNorthern Trust (NTRS) FinancialsCincinnati Financial (CINF) FinancialsCoinbase (COIN) Financials

Filings

61 documents

Earnings releases

16 documents

Presentations

12 documents

Transcripts

0 documents

No transcripts for Blackstone Inc. are held in this edition of the library.

Mentioned by

12 companies

Other tracked companies whose held documents mention Blackstone Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.