Business Segments · Fee Related Earnings
Credit And Insurance — Fee Related Earnings
Blackstone Credit And Insurance — Fee Related Earnings decreased by 4.0% to $352.62M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 16.8%, from $301.78M to $352.62M. Over 4 years (FY 2021 to FY 2025), Credit And Insurance — Fee Related Earnings shows an upward trend with a 40.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2025
How to read this metric
Higher values indicate a strong, stable revenue stream and effective cost control within the segment.
Detailed definition
Measures the recurring profitability of the credit and insurance segment derived from management and advisory fees, net...
Peer comparison
Comparable to 'Fee-Related Earnings' or 'Management Fee-Related Profit' at other large-scale asset managers.
Metric ID:
bx_segment_credit_and_insurance_fee_related_earningsHistorical Data
19 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $64.20M | $82.39M | $153.27M | $182.91M | $192.71M | $229.98M | $235.06M | $223.39M | $235.08M | $265.80M | $248.15M | $278.57M | $297.06M | $324.51M | $301.78M | $344.36M | $333.03M | $367.35M | $352.62M |
| QoQ Change | — | +28.3% | +86.0% | +19.3% | +5.4% | +19.3% | +2.2% | -5.0% | +5.2% | +13.1% | -6.6% | +12.3% | +6.6% | +9.2% | -7.0% | +14.1% | -3.3% | +10.3% | -4.0% |
| YoY Change | — | — | — | — | +200.2% | +179.2% | +53.4% | +22.1% | +22.0% | +15.6% | +5.6% | +24.7% | +26.4% | +22.1% | +21.6% | +23.6% | +12.1% | +13.2% | +16.8% |
Range$64.20M – $367.35M
CAGR+46.0%
Avg YoY Growth+43.9%
Median YoY Growth+22.1%
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Frequently Asked Questions
- What is Blackstone's credit and insurance — fee related earnings?
- Blackstone (BX) reported credit and insurance — fee related earnings of $352.62M in Q4 2025.
- How has Blackstone's credit and insurance — fee related earnings changed year-over-year?
- Blackstone's credit and insurance — fee related earnings increased by 16.8% year-over-year, from $301.78M to $352.62M.
- What is the long-term trend for Blackstone's credit and insurance — fee related earnings?
- Over 4 years (2021 to 2025), Blackstone's credit and insurance — fee related earnings has grown at a 40.9% compound annual growth rate (CAGR), from $354.98M to $1.40B.
- What does credit and insurance — fee related earnings mean?
- The core recurring profit generated by management fees in the credit and insurance segment after subtracting operating costs.