Business Segments · Segment Distributable Earnings

Real Estate — Segment Distributable Earnings

Blackstone Real Estate — Segment Distributable Earnings increased by 44.8% to $985.68M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 99.0%, from $495.43M to $985.68M. Over 4 years (FY 2021 to FY 2025), Real Estate — Segment Distributable Earnings shows a downward trend with a -7.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2025

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_earnings

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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$985.68M
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%+44.8%
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%+99.0%
Range$464.68M$1.76B
CAGR+12.1%
Avg YoY Growth+8.4%
Median YoY Growth-0.6%
Current Streak5 quarters growth

Frequently Asked Questions

What is Blackstone's real estate — segment distributable earnings?
Blackstone (BX) reported real estate — segment distributable earnings of $985.68M 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 99.0% year-over-year, from $495.43M to $985.68M.
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.