Blackstone Credit And Insurance — Fee Related Compensation increased by 5.0% to $229.29M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.2%, from $220.15M to $229.29M. Over 4 years (FY 2021 to FY 2025), Credit And Insurance — Fee Related Compensation shows an upward trend with a 24.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising compensation relative to revenue may indicate margin pressure, while stable ratios suggest efficient scaling of the workforce.
Personnel-related expenses, including salaries and bonuses, directly attributable to the credit and insurance segment. T...
Comparable to compensation-to-revenue ratios at financial services firms.
bx_segment_credit_and_insurance_fee_related_compensation| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $78.02M | $107.87M | $104.26M | $127.34M | $137.04M | $135.42M | $129.99M | $164.00M | $168.23M | $148.06M | $159.90M | $181.34M | $172.55M | $181.59M | $220.15M | $201.62M | $220.31M | $218.43M | $229.29M |
| QoQ Change | — | +38.2% | -3.3% | +22.1% | +7.6% | -1.2% | -4.0% | +26.2% | +2.6% | -12.0% | +8.0% | +13.4% | -4.8% | +5.2% | +21.2% | -8.4% | +9.3% | -0.9% | +5.0% |
| YoY Change | — | — | — | — | +75.6% | +25.5% | +24.7% | +28.8% | +22.8% | +9.3% | +23.0% | +10.6% | +2.6% | +22.6% | +37.7% | +11.2% | +27.7% | +20.3% | +4.2% |