TTM
48.8%
YoY change
−4.88pp
Trough year (2009)
-127.4%
Peak year (2004)
290.9%
Latest annual
51.9%
Operating Margin history chart for Blackstone (BX) from 1999 to 2025
Latest: 51.9%
Operating Margin change chart for Blackstone (BX) from 1999 to 2025
Latest: −4.88pp
Operating Margin history table for Blackstone (BX) from 1999 to 2025
| 2025 | 51.9% | -4.88pp | ||
| 2024 | 56.8% | +17.03pp | ||
| 2023 | 39.8% | -6.71pp | ||
| 2022 | 46.5% | -34.00pp | ||
| 2021 | 80.5% | +31.99pp | ||
| 2020 | 48.5% | -11.43pp | ||
| 2019 | 59.9% | +0.96pp | ||
| 2018 | 58.9% | -9.98pp | ||
| 2017 | 68.9% | +15.56pp | ||
| 2016 | 53.4% | +15.73pp | ||
| 2015 | 37.6% | -13.21pp | ||
| 2014 | 50.8% | +5.82pp | ||
| 2013 | 45.0% | +21.28pp | ||
| 2012 | 23.7% | +28.36pp | ||
| 2011 | -4.6% | +26.01pp | ||
| 2010 | -30.6% | +96.71pp | ||
| 2009 | -127.4% | — | ||
| 2007 | 3.8% | -3.18pp | ||
| 2006 | 6.9% | -15.61pp | ||
| 2005 | 22.5% | -268.32pp | ||
| 2004 | 290.9% | +211.34pp | ||
| 2003 | 79.5% | +34.91pp | ||
| 2002 | 44.6% | — | ||
| 1999 | 51.3% | — |
- 202551.9%-4.88pp
- 202456.8%+17.03pp
- 202339.8%-6.71pp
- 202246.5%-34.00pp
- 202180.5%+31.99pp
- 202048.5%-11.43pp
- 201959.9%+0.96pp
- 201858.9%-9.98pp
- 201768.9%+15.56pp
- 201653.4%+15.73pp
- 201537.6%-13.21pp
- 201450.8%+5.82pp
- 201345.0%+21.28pp
- 201223.7%+28.36pp
- 2011-4.6%+26.01pp
- 2010-30.6%+96.71pp
- 2009-127.4%—
- 20073.8%-3.18pp
- 20066.9%-15.61pp
- 200522.5%-268.32pp
- 2004290.9%+211.34pp
- 200379.5%+34.91pp
- 200244.6%—
- 199951.3%—
Operating Margin values are taken from Blackstone's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Blackstone (BX)
According to Blackstone's latest reported financial statements, the company's latest reported operating margin is 48.8%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Blackstone (BX) operating margin totalled 51.91% – contracted 4.9 percentage points year-over-year.
2004 marks the peak operating margin at 290.86%, with the historical low of -127.35% recorded in 2009.
Blackstone Operating Margin by Year
Blackstone Operating Margin 2025: 51.9%
In 2025, Blackstone reported operating margin of 51.91%, contracted 4.9 percentage points from 2024.
Blackstone Operating Margin 2024: 56.8%
Blackstone operating margin in 2024 was 56.79%, expanded 17.0 percentage points from 2023.
Blackstone Operating Margin 2023: 39.8%
2023's operating margin for Blackstone came in at 39.76%, contracted 6.7 percentage points from 2022.
Blackstone Operating Margin 2022: 46.5%
Blackstone posted operating margin of 46.47% in 2022, contracted 34.0 percentage points from 2021.
Blackstone Operating Margin 2021: 80.5%
Blackstone operating margin in 2021 was 80.47%.
See more financial history for Blackstone (BX).
Sector peers by Operating Margin
Financial Services peers of Blackstone (BX), ranked by their latest operating margin
| 61.1% | |
| 59.4% | |
| 26.2% | |
| 22.9% | |
| 20.5% | |
| 20.5% | |
| 19.5% | |
| 16.1% |
- 61.1%
- 59.4%
- 26.2%
- 20.5%
- 20.5%
- 19.5%
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