Blackstone Historical Income Statement
BX Stock | USD 120.32 2.87 2.33% |
Historical analysis of Blackstone income statement accounts such as Interest Expense of 437.2 M or Selling General Administrative of 1.3 B can show how well Blackstone Group performed in making a profits. Evaluating Blackstone income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Blackstone's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Blackstone Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Blackstone Group is a good buy for the upcoming year.
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About Blackstone Income Statement Analysis
Blackstone Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Blackstone shareholders. The income statement also shows Blackstone investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Blackstone Income Statement Chart
Blackstone Group Income Statement is one of the three primary financial statements used for reporting Blackstone's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Blackstone Group revenue and expense. Blackstone Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Blackstone's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 437.2 M in 2024, whereas Total Revenue is likely to drop slightly above 5.4 B in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Blackstone Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Blackstone Group minus its cost of goods sold. It is profit before Blackstone operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Blackstone Group. It is also known as Blackstone overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Blackstone's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Blackstone Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackstone Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. At this time, Blackstone's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 437.2 M in 2024, whereas Total Revenue is likely to drop slightly above 5.4 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 198.3M | 317.2M | 431.9M | 437.2M | Depreciation And Amortization | 74.9M | 67.1M | 134.2M | 140.9M |
Blackstone income statement Correlations
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Blackstone Account Relationship Matchups
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Blackstone income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 71.0M | 71.1M | 74.9M | 67.1M | 134.2M | 140.9M | |
Interest Expense | 199.6M | 166.2M | 198.3M | 317.2M | 431.9M | 437.2M | |
Selling General Administrative | 697.1M | 724.6M | 928.2M | 1.1B | 1.2B | 1.3B | |
Total Revenue | 6.2B | 5.2B | 16.7B | 7.1B | 7.7B | 5.4B | |
Gross Profit | 3.1B | 2.6B | 8.3B | 3.6B | 7.4B | 7.8B | |
Other Operating Expenses | 2.4B | 2.6B | 3.1B | 3.7B | 4.7B | 2.6B | |
Operating Income | 2.0B | 1.4B | 7.0B | 2.5B | 3.1B | 1.9B | |
Ebit | 2.0B | 1.4B | 7.0B | 2.5B | 3.4B | 2.0B | |
Ebitda | 2.1B | 1.5B | 7.1B | 2.6B | 3.5B | 2.0B | |
Total Operating Expenses | 2.4B | 2.6B | 3.1B | 3.7B | 4.7B | 2.5B | |
Income Before Tax | 3.8B | 2.6B | 13.6B | 3.5B | 3.0B | 2.8B | |
Total Other Income Expense Net | 1.8B | 1.2B | 6.5B | 924.1M | (176.9M) | (168.1M) | |
Net Income | 3.9B | 2.3B | 12.4B | 3.0B | 1.4B | 1.8B | |
Income Tax Expense | (48.0M) | 356.0M | 1.2B | 472.9M | 513.5M | 539.1M | |
Cost Of Revenue | 3.1B | 2.6B | 8.4B | 3.5B | 253.2M | 240.5M | |
Net Income Applicable To Common Shares | 2.0B | 1.0B | 5.9B | 1.7B | 2.0B | 1.7B | |
Minority Interest | 476.7M | 203.2M | (6.5B) | (1.2B) | (1.1B) | (1.0B) | |
Net Income From Continuing Ops | 3.9B | 2.3B | 12.4B | 3.0B | 2.4B | 3.4B | |
Non Operating Income Net Other | 444.4M | (4.8M) | 458.9M | (82.9M) | (74.6M) | (70.8M) | |
Tax Provision | (48.0M) | 356.0M | 1.2B | 472.9M | 513.5M | 463.7M | |
Interest Income | 182.4M | 30.5M | 461.6M | 105.1M | 516.5M | 637.8M | |
Net Interest Income | (17.3M) | (40.9M) | (37.6M) | (45.6M) | 84.6M | 80.4M | |
Reconciled Depreciation | 71.0M | 71.1M | 74.9M | 67.1M | 40.1M | 49.1M |
Pair Trading with Blackstone
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blackstone position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blackstone will appreciate offsetting losses from the drop in the long position's value.Moving together with Blackstone Stock
0.64 | BK | Bank of New York Financial Report 16th of July 2024 | PairCorr |
0.71 | CG | Carlyle Group Financial Report 2nd of May 2024 | PairCorr |
Moving against Blackstone Stock
0.64 | WAVS | Western Acquisition | PairCorr |
The ability to find closely correlated positions to Blackstone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackstone when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blackstone - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blackstone Group to buy it.
The correlation of Blackstone is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blackstone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackstone Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blackstone can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackstone Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Blackstone Stock analysis
When running Blackstone's price analysis, check to measure Blackstone's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blackstone is operating at the current time. Most of Blackstone's value examination focuses on studying past and present price action to predict the probability of Blackstone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackstone's price. Additionally, you may evaluate how the addition of Blackstone to your portfolios can decrease your overall portfolio volatility.
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Is Blackstone's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Blackstone. If investors know Blackstone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Blackstone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.73) | Dividend Share 3.35 | Earnings Share 1.84 | Revenue Per Share 10.175 | Quarterly Revenue Growth (0.30) |
The market value of Blackstone Group is measured differently than its book value, which is the value of Blackstone that is recorded on the company's balance sheet. Investors also form their own opinion of Blackstone's value that differs from its market value or its book value, called intrinsic value, which is Blackstone's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Blackstone's market value can be influenced by many factors that don't directly affect Blackstone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Blackstone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackstone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.