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Blackstone BX Non-Controlling Interests

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Other financials

Income statement

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Revenue$5.0B+35.9%
Net income$1.2B+60.8%
EPS (diluted)$1.54+57.1%

Balance sheet

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Cash & equivalents$2.8B+8.8%
Total debt$14.8B+13.6%
Total equity$9.0B+7.9%
Total assets$49.9B+10.0%

Cash flow

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Operating cash flow$1.9B+119%
CapEx$32.0M-20.4%
Free cash flow$1.9B+125%

Valuation

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Market cap$108.82B-17.9%
Enterprise value$120.88B-15.5%
P/E30.9×-15.4×
P/S6.8×-2.9×

Profitability

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Net margin21.8%+1.0pp
FCF margin34.1%+10.2pp

Returns & leverage

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Return on equity40.5%+2.8pp
Debt / equity1.6×+0.1×

Where this comes from

Reported directly by Blackstone in its filing.

Tagged under the XBRL concept us-gaap:NonredeemableNoncontrollingInterest.

The source filing: Blackstone’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:01 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-340208
Line itemJune 30,2026December 31,2025
Additional Paid-in-Capital9,051,7718,479,886
Retained Earnings (Deficit)(18,646)191,641
Accumulated Other Comprehensive Loss(18,589)(6,008)
Total Stockholders’ Equity of Blackstone Inc.9,014,5438,665,526
Non-Controlling Interests in Consolidated Entities7,104,2917,224,211
Non-Controlling Interests in Blackstone Holdings4,943,3114,610,932
Total Equity21,062,14520,500,669
Total Liabilities and Equity$49,892,220$47,708,975

Item 1. Financial Statements

FAQ

What is Blackstone's non-controlling interests?
Blackstone (BX) reported non-controlling interests of $7.1B in Q2 2026.
How has Blackstone's non-controlling interests changed year-over-year?
Blackstone's non-controlling interests increased by 3.7% year-over-year, from $6.85B to $7.1B.
What is the long-term trend for Blackstone's non-controlling interests?
Over 5 years (2020 to 2025), Blackstone's non-controlling interests has grown at a 12.3% compound annual growth rate (CAGR), from $4.04B to $7.22B.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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