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Blackstone Inc
NYSE:BX

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Blackstone Inc
NYSE:BX
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Price: 129.73 USD 0.96% Market Closed
Market Cap: $154.1B

EV/EBITDA

22.5
Current
29%
Cheaper
vs 3-y average of 31.9

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
22.5
=
Enterprise Value
$145.7B
/
EBITDA
$7.3B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
22.5
=
Enterprise Value
$145.7B
/
EBITDA
$7.3B

Valuation Scenarios

Blackstone Inc is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (31.9), the stock would be worth $183.96 (42% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-36%
Maximum Upside
+42%
Average Upside
7%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 22.5 $129.73
0%
3-Year Average 31.9 $183.96
+42%
5-Year Average 28.3 $163.55
+26%
Industry Average 21.6 $124.75
-4%
Country Average 14.4 $82.91
-36%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
$145.7B
/
Jan 2026
$7.3B
=
22.5
Current
$145.7B
/
Dec 2026
$9.4B
=
15.5
Forward
$145.7B
/
Dec 2027
$11.5B
=
12.7
Forward
$145.7B
/
Dec 2028
$9.4B
=
15.4
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
US
Blackstone Inc
NYSE:BX
154.1B USD 22.5 52.5
US
BlackRock Inc
NYSE:BLK
164.8B USD 17.4 26.3
CA
Brookfield Corp
NYSE:BN
103.7B USD 11.3 90.9
US
Bank of New York Mellon Corp
NYSE:BK
93.5B USD 0 17.6
US
KKR & Co Inc
NYSE:KKR
94.4B USD 290.4 42.2
ZA
Ninety One Ltd
JSE:NY1
83.8B ZAR -38.1 24.6
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
68.6B EUR 28.7 31.8
CA
Brookfield Asset Management Inc
NYSE:BAM
79.5B USD 28.9 32
CA
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
107.9B CAD 28.5 31.6
US
State Street Corp
NYSE:STT
42.2B USD 0 14.9
US
Ameriprise Financial Inc
NYSE:AMP
42.8B USD 12.3 12
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Blackstone Inc
NYSE:BX
Average EV/EBITDA: 55
22.5
9%
2.5
US
BlackRock Inc
NYSE:BLK
17.4
23%
0.8
CA
Brookfield Corp
NYSE:BN
11.3
N/A N/A
US
Bank of New York Mellon Corp
NYSE:BK
Not Available N/A N/A
US
KKR & Co Inc
NYSE:KKR
290.4
198%
1.5
ZA
N
Ninety One Ltd
JSE:NY1
Negative Multiple: -38.1 N/A N/A
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
28.7
20%
1.4
CA
Brookfield Asset Management Inc
NYSE:BAM
28.9
20%
1.4
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
28.5
20%
1.4
US
State Street Corp
NYSE:STT
Not Available N/A N/A
US
Ameriprise Financial Inc
NYSE:AMP
12.3
4%
3.1

Market Distribution

Higher than 72% of companies in the United States of America
Percentile
72st
Based on 9 875 companies
72st percentile
22.5
Low
0 — 10
Typical Range
10 — 21.5
High
21.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 10
Median 14.4
70th Percentile 21.5
Max 1 767 274.1

Blackstone Inc
Glance View

In the dynamic world of finance, Blackstone Inc. stands as a towering figure, shaping the landscape of private equity and asset management. Founded in 1985 by Stephen Schwarzman and Peter Peterson, Blackstone has grown from its modest beginnings into one of the largest and most influential alternative investment firms globally. The company's core business revolves around managing funds on behalf of large institutional investors, including pension funds, endowments, and sovereign wealth funds. With a focus on long-term value creation, Blackstone invests across a diverse array of asset classes, including private equity, real estate, infrastructure, and hedge funds. This diversification not only mitigates risk but also allows Blackstone to tap into various economic sectors, proving integral to its sustained growth and resilience. The heart of Blackstone's business is its ability to identify undervalued assets and enterprises that possess the potential for transformation. By leveraging a deep reservoir of industry expertise and strategic insight, Blackstone acquires these assets, infuses them with operational and financial improvements, and eventually exits the investments at a profit. This value-centric approach has cemented Blackstone's reputation for fostering growth within its portfolio companies, which often results in enhanced profitability and investor returns. Furthermore, the firm's adeptness at navigating complex regulatory landscapes and maintaining robust relationships with stakeholders equips it with the agility to adapt to ever-changing market conditions. Ultimately, Blackstone's financial prowess and strategic acumen enable it to generate substantial revenues, primarily through management fees and performance-based incentives, ensuring its place at the pinnacle of the asset management industry.

BX Intrinsic Value
114.66 USD
Overvaluation 12%
Intrinsic Value
Price $129.73
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