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Blackstone Inc (BX)

割安
Financial ServicesAsset ManagementUnited States

ファンダメンタル

69

株価

$111.78

時価総額

$136.93B

パート1 · 企業の価値

概要

Blackstone Inc. is an alternative asset management firm specializing in private equity, venture capital, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage, seed, middle market, mature, late venture, growth capital, emerging growth, turnaround, and later stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. Within fund of fund investments, it seeks to invest in private equity funds, venture capital funds, mezzanine funds, distressed debt/turnaround funds, secondary investment funds & real estate funds. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts, recapitalization, special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, cargo, data processing, oil & gas production, oil & gas refining, oil & gas storage, building products, home entertainment, B2B, consumer electronics, home supply store, lodging, commercial services & supplies, metal & mineral mining machinery, coal, hazardous waste collection, solid waste collection, waste water treatment, renewable electricity, equity REITs, power generation by nuclear & fossil fuels, personal loan services, chemicals, other specialty retail, biotech, pharmaceuticals, metal, aerospace, healthcare, cable, entertainment services, infrastructure services, transportation infrastructure, exhaust, life sciences, alternative carriers, infrastructure, system software, manufacturing services, enterprise tech and consumer, enterprise software & application, as well as consumer technologies. The firm considers investment in Asia, Latin America, Japan, Australia, South Korea, Singapore, Hong Kong, Africa, Middle East, Beijing, Shanghai, India, Belgium, France, Ireland, Luxembourg, Monaco, Netherlands, United Kingdom, North America and South America. It seeks to invest between $0.25 million and $900 million per transaction. It invests in companies with enterprise value between $500 million and $5000 million. It makes equity investments up to $300 million through fund of fund investments. It has a three year investment period. The firm prefers to take majority and minority stakes. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. Blackstone Inc. through its subsidiary South City Projects (Kolkata) Limited offers residential and commercial real estate development services that include development of township, residential towers, malls, IT parks, stadiums, resorts, hospitals, and schools. Blackstone Inc. was founded in 1985 and is based in New York, New York with additional offices across Asia, Europe, North America and Central America.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on 2026年9月18日 with claude-haiku-4-5 — shared with all users

P/E: 42.2Score: 61Market cap: $70.27B

Apollo is the closest rival by scale, raising capital from the same institutional and insurance clients for private credit, private equity and retirement-linked products.

P/E: 26.6Score: 56Market cap: $83.70B

KKR runs the same multi-strategy platform — large buyouts, credit, infrastructure and insurance capital — and bids against Blackstone for the same deals and the same limited partners.

P/E: 26.0Score: 60Market cap: —

Brookfield is Blackstone's main opponent in real assets, competing for the same real-estate portfolios and infrastructure and energy projects worldwide.

P/E: 41.5Score: 55Market cap: $37.06B

Ares competes head-on in private credit and direct lending, the fastest-growing source of fee-earning capital for both firms.

P/E: 41.3Score: 58Market cap: $14.05B

Carlyle chases the same corporate buyouts and the same institutional mandates in private equity, credit and real assets, though on a smaller asset base.

P/E: 11.3Score: 68Market cap: $31.19B

EQT is the European heavyweight that competes with Blackstone for large buyouts and infrastructure deals in Europe and for the same global investors' fund commitments.

貸借対照表と流動性

売上高

$16.11B

直近12か月(2026/6/30まで)

純利益

$3.52B

直近12か月(2026/6/30まで)

フリーキャッシュフロー

$4.55B

自己資本合計

$8.67B

負債合計

$25.83B

流動比率

0.73

利払い倍率

-

負債/EBITDA

-

一株当たり利益(EPS)

売上高と純利益

フリーキャッシュフロー

収益内訳

財務推移表

利益率の推移

負債の推移

負債の重さ

成長率グリッド

成長率 — 売上高

適正価値の推定

一般的なケース割安

適正価値

$157.06

現在株価

$111.78

安全マージン

+28.8%

適正価値レンジ

$113.21 - $200.91

使用した評価手法間のばらつきであり、統計的に較正された信頼区間ではありません。

推定方法

アナリストの目標株価:$144.38
ディスカウンテッド・キャッシュフロー(DCF):$202.43
利益倍率(P/E):$78.13
グレアムの成長公式:$196.82
収益力価値(EPV):$57.89
正当化されたP/B:$36.46
配当割引モデル(ゴードン):算出に必要なデータが不足しています
P/FFO(運用から生まれる資金):算出に必要なデータが不足しています
中間サイクル利益:算出に必要なデータが不足しています
売上高倍率:$52.70
アナリスト・コンセンサス:買い (22B / 11H / 0S)
直近の決算サプライズ:+9.32%

バリュエーション指標

P/E レシオ

25.13

ROE

34.8%

P/B レシオ

9.33

P/FCF

15.34

粗利益率

-

ROIC

-

収益性レーダー

価値創造(経済的モート)

ROIC

-

WACC

11.1%

ROIC − WACC

-

ファンダメンタル分析基準

合格(16)

  • EPS shows upward trend
  • Price CAGR 16.87%
  • P/FCF 15.34
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • CapEx intensity
  • Return on Tangible Assets
  • Low reliance on intangibles
  • ROE 40.9%
  • Revenue Growth 5Y 18.8%
  • Analyst Consensus 67% Buy
  • Earnings Surprise avg 9.6%
  • PEG Ratio 1.93
  • Earnings Quality (OCF/NI) 1.59
  • Share Dilution 1.7%
  • Net Margin Trend 21.8% vs 20.8%

不合格(4)

  • P/B Ratio 9.33
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Piotroski F-Score 4/9

データなし(7)

  • ROIC NaN%
  • Gross Margin NaN%
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA

Piotroski F-スコア

4/9

まちまちのシグナル:一部の領域に注意が必要

score
criteria

利益の質

1.59

高品質:利益はキャッシュに裏付けられている

株式希薄化

1.7%

株式数は安定している

機関投資家の保有

ガバナンス

経営陣

氏名役職年齢
Mr. Stephen Allen Schwarzman B.A., M.B.A.Co-Founder, Chairman & CEO78
Mr. Michael S. Chae J.D.CFO & Vice Chairman57
Mr. Jonathan D. Gray CIMAPresident, COO & Director56
Mr. Vikrant Sawhney J.D.Chief Administrative Officer & Global Head of Institutional Client Solutions-
Mr. John Gary Finley J.D.Chief Legal Officer68
Mr. Joseph Patrick BarattaGlobal Head of Private Equity Strategies & Director54
Mr. Mustafa Mohsin SiddiquiFormer Senior MD of BXMA - New York & Co-Head of Strategic Capital Group-
Mr. Seth A. MeiselSenior Managing Director of Private Equity - New York52
Mr. Juergen PinkerSenior MD of BXCI - Berkeley Square House London & Head of Germany for BXCI-
Mr. M. Craig ShepherdSenior Managing Director of Blackstone Life Sciences — Cambridge-

監査リスク

8

取締役会リスク

10

報酬リスク

9

株主権利リスク

10

パート2 · 株価と買い時

この部分は企業に価値があるかを判断するものではありません。ファンダメンタルズに納得したうえで、いつ買うかを選ぶためのものです。内容:テクニカル分析、ポテンシャル、過去のドローダウン、ガンマエクスポージャー。

書類

  • 年次報告書(10-K)

    事業内容、財務実績、リスクをまとめた年次の概要。

    提出日: 2026-02-27

    書類を見る
  • 四半期報告書(10-Q)

    直近3か月間の業績に関する最新情報。

    提出日: 2026-08-07

    書類を見る
  • 臨時報告書(8-K)

    経営陣の交代や重要な発表など、大きな出来事に関するお知らせ。

    提出日: 2026-09-22

    書類を見る

via SEC EDGAR

業績推移

via SEC EDGAR

Latest News

Recent headlines for BX, sourced from Markets Gazette.

  • 6d agoNEUTRAL
    Blackstone Cements Shift From Star Dealmakers With Baratta Exit

    Jon Gray's increasing influence at Blackstone Inc. is highlighted by the recent departure of dealmaker Joe Baratta. This marks a significant shift in the firm's operational structure, moving away from reliance on star dealmakers towards a more centralized leadership under Gray. While this transition may signal a new strategic direction for Blackstone, its immediate impact on the company's financial performance or stock price is not yet clear. Investors will be watching to see how this leadership evolution affects future deal flow and asset management strategies.

  • 7d agoPOSITIVE
    Blackstone Debuts First Multi-Asset Fund for Non-US Individuals

    Blackstone Inc. has launched its inaugural multi-asset private markets fund specifically for non-US retail investors. This move signifies a strategic expansion by the alternative asset manager to tap into a broader global investor base, moving beyond traditional institutional clients. The fund aims to provide access to Blackstone's diverse alternative investment strategies, including private equity, credit, and real estate, to a new segment of international clientele. For investors, this offers a potential avenue to diversify portfolios with alternative assets, while for Blackstone, it represents a significant growth opportunity in global retail distribution.

  • 8d agoNEUTRAL
    Global Tensions Not Slowing Capital: Blackstone's Nides

    Tom Nides, vice chairman at Blackstone, discussed global dealmaking, including insights on China, Canada, and the burgeoning AI and data center sectors. While acknowledging global tensions, Nides suggested they are not hindering capital deployment. The conversation, featured on "Bloomberg Deals," touched upon the 'anxiety' surrounding AI and data center investments, implying a high-demand environment. For investors, Blackstone's perspective highlights continued activity in strategic sectors despite geopolitical complexities, suggesting opportunities in areas driven by technological advancement and infrastructure needs.

  • 13d agoPOSITIVE
    Blackstone Sees India Nearing Tipping Point for Foreign Capital

    Blackstone Inc. is signaling a significant positive outlook for India's investment landscape, with President Jon Gray suggesting the country is approaching a 'tipping point' for attracting foreign capital. This optimism stems from Blackstone's early experiences in India, which, despite initial challenges and headwinds during the global financial crisis, have laid the groundwork for future growth. The firm's long-term commitment and evolving strategy in India indicate a belief in the nation's burgeoning economic potential and its capacity to absorb substantial foreign investment. Investors should monitor Blackstone's activities in India for potential opportunities in real estate and infrastructure.

  • 13d agoPOSITIVE
    Blackstone Lands Loan for Data Center Cooling Firm Acquisition

    Blackstone Inc. has secured a first-lien term loan to finance its acquisition of a controlling stake in Flow Control Holdings, a key player in the data center liquid cooling components sector. This strategic move by Blackstone highlights the growing investor interest and capital allocation towards infrastructure supporting the booming data center industry, particularly in advanced cooling solutions. The financing underscores the perceived value and future growth potential of Flow Control Holdings within Blackstone's portfolio, signaling a positive outlook for the company and its role in enabling next-generation data processing capabilities.

  • 16d agoNEUTRAL
    Flows Will Return to Private Credit, Blackstone’s Gray Tells NZZ

    Blackstone President and COO Jon Gray expressed confidence in the recovery of the private credit asset class, despite acknowledging a backlog of investor redemption requests for the firm's main private credit fund. Gray indicated that flows are expected to return to private credit, suggesting a normalization of investor sentiment and capital allocation. This outlook implies that while current liquidity challenges exist, the underlying fundamentals of private credit are seen as robust by Blackstone's leadership, potentially signaling a period of stabilization and eventual rebound for the sector.

  • 9/1/2026POSITIVE
    Blackstone’s $1.3 Billion India REIT Sale Fully Subscribed

    Blackstone Inc. has successfully completed an upsized sale of a stake in its India-based Knowledge Realty Trust, raising approximately 121 billion rupees ($1.3 billion). The offering was fully subscribed, indicating robust investor demand for Indian real estate assets managed by Blackstone. This strong subscription level suggests positive market sentiment towards the REIT and Blackstone's asset management capabilities in the region. For investors, this successful capital raise highlights the attractiveness of Blackstone's managed properties and its ability to generate significant investor interest in emerging markets.

  • 8/18/2026POSITIVE
    Blackstone, Blue Owl Tap Bond Market

    Blackstone's BCRED unit successfully raised $750 million in the bond market, while Blue Owl secured $400 million. This issuance highlights a strong resurgence of private credit into the bond market, bolstered by robust investor demand. The investment-grade issuance in August has reached record levels. Investors are returning to this asset class, showing a preference for safer positions higher up the capital stack, indicating confidence in these alternative asset managers' ability to attract capital.

  • 7/1/2026NEUTRAL
    Blackstone Offloads Stakes in Trio of Virginia Data Centers

    Blackstone is divesting its stakes in three Northern Virginia data centers for $3.5 billion, marking an exit from an investment made less than three years ago. This strategic move allows the firm to realize gains from its real estate portfolio. While the sale itself is a significant transaction, it represents a partial exit and does not inherently signal a change in Blackstone's overall investment strategy or outlook. Investors will monitor future capital allocation decisions for further insights.

via Markets Gazette