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Blackstone BX Credit And Insurance — Goodwill

Other segment segments

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$870M0.0%
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$421.7M0.0%
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$231.8M

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Other financials

Income statement

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Revenue$3.6B+10.0%
Net income$649.7M+5.7%
EPS (diluted)$0.83+3.7%

Balance sheet

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Cash & equivalents$2.7B-20.3%
Total debt$14.3B+3.2%
Total equity$8.4B+4.9%
Total assets$48.3B+6.8%

Cash flow

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Operating cash flow$991.0M-10.7%
CapEx$33.4M+14.1%
Free cash flow$957.6M-11.3%

Valuation

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Market cap$103.99B-24.9%
Enterprise value$115.57B-22.4%
P/E34.1×-14.3×
P/S-3.0×

Profitability

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Net margin20.7%+0.8pp
FCF margin29.9%+2.1pp

Returns & leverage

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Return on equity37.4%+3.3pp
Debt / equity1.7×0.0×

Where this comes from

Reported directly by Blackstone in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Blackstone’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Blackstone's credit and insurance — goodwill?
Blackstone (BX) reported credit and insurance — goodwill of $366.7M in Q4 2025.
How has Blackstone's credit and insurance — goodwill changed year-over-year?
Blackstone's credit and insurance — goodwill decreased by 0.0% year-over-year, from $366.7M to $366.7M.
What does credit and insurance — goodwill mean?
This metric represents the intangible asset value recorded when the Credit and Insurance segment is acquired or consolidated at a price exceeding the fair market value of its identifiable net assets. It reflects the premium paid for the segment's brand reputation, client relationships, and expected future synergies within the broader alternative asset management platform. This value is subject to periodic impairment testing to ensure the carrying amount does not exceed the recoverable amount of the segment's operations.