Blackstone Statistics 2026: AUM, Revenue, Earnings, Dry Powder, and Market Cap

Written by: Associate Editor
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These Blackstone statistics highlight the firm’s latest assets under management, fee-earning capital, perpetual capital, dry powder, annual revenue, earnings, dividends, business mix, private wealth scale, and public market valuation.

Blackstone statistics
Blackstone statistics

Blackstone statistics 2026: top highlights

  • Blackstone finished 2025 with $1.2749 trillion in total AUM.
  • Fee-earning AUM reached $921.7 billion at year-end 2025.
  • Perpetual capital AUM rose to $523.6 billion in 2025.
  • Dry powder available for future investments stood at $198.3 billion at year-end 2025.
  • Blackstone reported $239.4 billion of inflows, $138.2 billion of capital deployed, and $125.6 billion of realizations in 2025.
  • Total revenues rose to $14.5 billion in 2025, up from $13.2 billion in 2024.
  • Net income attributable to Blackstone Inc. reached $3.0 billion in 2025.
  • Distributable earnings were $7.1 billion in 2025, while fee-related earnings were $5.7 billion.
  • Dividends per common share totaled $4.74 in 2025, up from $3.95 in 2024.
  • Blackstone’s 2025 AUM by business segment was led by Credit & Insurance at $443.0 billion, followed by Private Equity at $416.4 billion and Real Estate at $319.3 billion.
  • Blackstone says it has ~12,500 real estate assets, 250+ portfolio companies, and nearly 700,000 employees across its portfolio companies.
  • Blackstone’s private wealth channel managed $302 billion as of December 31, 2025.
  • Blackstone Real Estate reported $319 billion of investor capital under management and a global real estate portfolio valued at $618 billion.
  • As of March 31, 2026, Blackstone shares traded around $111.60, implying a market cap of about $118.8 billion.

Blackstone total assets under management

LabelBarValue
2022
 
$974.7B
2023
 
$1,040.2B
2024
 
$1,127.2B
2025
 
$1,274.9B

Max = $1,274.9B. Widths: 2022 76.45%, 2023 81.59%, 2024 88.41%, 2025 100.00%

Blackstone fee-earning AUM

LabelBarValue
2022
 
$718.4B
2023
 
$762.6B
2024
 
$830.7B
2025
 
$921.7B

Max = $921.7B. Widths: 2022 77.94%, 2023 82.74%, 2024 90.13%, 2025 100.00%

Blackstone perpetual capital AUM

LabelBarValue
2022
 
$371.1B
2023
 
$396.3B
2024
 
$444.8B
2025
 
$523.6B

Max = $523.6B. Widths: 2022 70.87%, 2023 75.69%, 2024 84.95%, 2025 100.00%

Blackstone dry powder available for investment

LabelBarValue
2022
 
$186.6B
2023
 
$197.3B
2024
 
$168.6B
2025
 
$198.3B

Max = $198.3B. Widths: 2022 94.10%, 2023 99.50%, 2024 85.02%, 2025 100.00%

Blackstone 2025 capital activity

LabelBarValue
Inflows
 
$239.4B
Capital deployed
 
$138.2B
Realizations
 
$125.6B

Max = $239.4B. Widths: Inflows 100.00%, Capital deployed 57.73%, Realizations 52.46%

Blackstone total revenues

LabelBarValue
2022
 
$8.5B
2023
 
$8.0B
2024
 
$13.2B
2025
 
$14.5B

Max = $14.5B. Widths: 2022 58.62%, 2023 55.17%, 2024 91.03%, 2025 100.00%

Net income attributable to Blackstone Inc.

LabelBarValue
2022
 
$1.7B
2023
 
$1.4B
2024
 
$2.8B
2025
 
$3.0B

Max = $3.0B. Widths: 2022 56.67%, 2023 46.67%, 2024 93.33%, 2025 100.00%

Dividends per common share

LabelBarValue
2022
 
$4.40
2023
 
$3.35
2024
 
$3.95
2025
 
$4.74

Max = $4.74. Widths: 2022 92.83%, 2023 70.68%, 2024 83.33%, 2025 100.00%

Blackstone 2025 AUM by business segment

LabelBarValue
Credit & Insurance
 
$443.0B
Private Equity
 
$416.4B
Real Estate
 
$319.3B
Multi-Asset Investing
 
$96.2B

Max = $443.0B. Widths: Credit & Insurance 100.00%, Private Equity 94.00%, Real Estate 72.08%, Multi-Asset Investing 21.72%

What these Blackstone statistics show

Blackstone entered 2026 with record scale. Total AUM, fee-earning AUM, and perpetual capital all moved higher in 2025, while dry powder remained close to $200 billion, giving the firm significant capacity for future dealmaking.

The business mix also shows why Blackstone has become so broad. Credit & Insurance and Private Equity now sit alongside Real Estate as major engines of AUM, while private wealth, perpetual capital, and fee-related earnings continue to support a larger recurring revenue base.

Sources

  • Blackstone fourth quarter and full year 2022 earnings press release
  • Blackstone fourth quarter and full year 2023 earnings press release
  • Blackstone fourth quarter and full year 2024 earnings press release
  • Blackstone fourth quarter and full year 2025 earnings press release
  • Blackstone home page and firm overview pages
  • Blackstone Real Estate page
  • Blackstone Operating Team page
  • Blackstone Financial Advisors and Private Wealth pages
  • Current BX market data as of March 31, 2026