Business Segments · Segment Distributable Earnings
Real Estate — Segment Distributable Earnings
Blackstone Real Estate — Segment Distributable Earnings decreased by 18.1% to $557.45M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.5%, from $495.43M to $557.45M. Over 4 years (FY 2021 to FY 2025), Real Estate — Segment Distributable Earnings shows a downward trend with a -7.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026May 8, 2026
How to read this metric
Growth in distributable earnings signals a healthy, cash-generative business capable of supporting shareholder returns.
Detailed definition
This is a key performance metric representing the cash earnings available for distribution to shareholders from the Real...
Peer comparison
Equivalent to 'Distributable Earnings' (DE) reported by major alternative asset managers.
Metric ID:
bx_segment_real_estate_segment_distributable_earningsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $572.56M | $714.96M | $1.40B | $1.27B | $1.76B | $763.46M | $525.03M | $534.60M | $639.14M | $557.19M | $534.43M | $616.36M | $516.51M | $540.35M | $464.68M | $495.43M | $565.87M | $618.31M | $680.76M | $557.45M |
| QoQ Change | — | +24.9% | +95.3% | -9.2% | +38.6% | -56.5% | -31.2% | +1.8% | +19.6% | -12.8% | -4.1% | +15.3% | -16.2% | +4.6% | -14.0% | +6.6% | +14.2% | +9.3% | +10.1% | -18.1% |
| YoY Change | — | — | — | — | +206.8% | +6.8% | -62.4% | -57.8% | -63.6% | -27.0% | +1.8% | +15.3% | -19.2% | -3.0% | -13.1% | -19.6% | +9.6% | +14.4% | +46.5% | +12.5% |
Range$464.68M – $1.76B
CAGR-0.6%
Avg YoY Growth+3.0%
Median YoY Growth-0.6%
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Frequently Asked Questions
- What is Blackstone's real estate — segment distributable earnings?
- Blackstone (BX) reported real estate — segment distributable earnings of $557.45M in Q1 2026.
- How has Blackstone's real estate — segment distributable earnings changed year-over-year?
- Blackstone's real estate — segment distributable earnings increased by 12.5% year-over-year, from $495.43M to $557.45M.
- What is the long-term trend for Blackstone's real estate — segment distributable earnings?
- Over 4 years (2021 to 2025), Blackstone's real estate — segment distributable earnings has grown at a -7.5% compound annual growth rate (CAGR), from $3.22B to $2.36B.
- What does real estate — segment distributable earnings mean?
- The cash profit from the real estate segment that is available to be paid out to shareholders.