Other

Units Expected To Vest For Phantom Units

Blackstone Units Expected To Vest For Phantom Units decreased by 22.1% to 56.3K in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 12.3%, from 64.2K to 56.3K. Over 4 years (FY 2020 to FY 2024), Units Expected To Vest For Phantom Units shows an upward trend with a 3.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ3 2025

How to read this metric

An increase signals higher future cash compensation obligations, which may impact liquidity and operating cash flow.

Detailed definition

This tracks the number of phantom units expected to vest, which are cash-settled awards that track the value of the firm...

Peer comparison

Used by firms that prefer cash-settled incentives over equity dilution.

Metric ID: other_units_expected_to_vest_for_phantom_units

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value70.4K55K60.4K30.8K42K41K40.5K47.3K88.7K73.4K71.7K60.2K86K64.2K59.8K55.6K72.3K56.3K
QoQ Change-21.9%+9.8%-48.9%+36.1%-2.3%-1.3%+16.8%+87.6%-17.2%-2.4%-16.0%+43.0%-25.4%-6.8%-7.1%+30.1%-22.1%
YoY Change-40.4%-25.4%-32.9%+53.3%+111.3%+79.0%+77.1%+27.3%-3.0%-12.6%-16.6%-7.7%-16.0%-12.3%
Range30.8K88.7K
CAGR-5.1%
Avg YoY Growth+12.9%
Median YoY Growth-10.0%

Frequently Asked Questions

What is Blackstone's units expected to vest for phantom units?
Blackstone (BX) reported units expected to vest for phantom units of 56.3K in Q3 2025.
How has Blackstone's units expected to vest for phantom units changed year-over-year?
Blackstone's units expected to vest for phantom units decreased by 12.3% year-over-year, from 64.2K to 56.3K.
What is the long-term trend for Blackstone's units expected to vest for phantom units?
Over 4 years (2020 to 2024), Blackstone's units expected to vest for phantom units has grown at a 3.3% compound annual growth rate (CAGR), from 52.5K to 59.8K.
What does units expected to vest for phantom units mean?
The number of cash-settled phantom units expected to vest for employees.