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Blackstone (Blackstone) Price-to-Free-Cash-Flow

: 23.40 (As of Today)
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As of today (2024-04-19), Blackstone's share price is $118.40. Blackstone's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $5.06. Hence, Blackstone's Price-to-Free-Cash-Flow Ratio for today is 23.40.

The historical rank and industry rank for Blackstone's Price-to-Free-Cash-Flow or its related term are showing as below:

BX' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 4.68   Med: 17.26   Max: 184.1
Current: 23.39

During the past 13 years, Blackstone's highest Price-to-Free-Cash-Flow Ratio was 184.10. The lowest was 4.68. And the median was 17.26.

BX's Price-to-Free-Cash-Flow is ranked worse than
71.2% of 1021 companies
in the Asset Management industry
Industry Median: 12.62 vs BX: 23.39

Blackstone's Free Cash Flow per Share for the three months ended in Dec. 2023 was $1.14. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $5.06.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Blackstone was -38.40% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 24.70% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 142.00% per year.

During the past 13 years, Blackstone's highest 3-Year average Free Cash Flow per Share Growth Rate was 518.70% per year. The lowest was -77.30% per year. And the median was 15.25% per year.


Blackstone Price-to-Free-Cash-Flow Historical Data

The historical data trend for Blackstone's Price-to-Free-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blackstone Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.88 24.77 23.76 9.01 25.80

Blackstone Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.01 17.25 19.87 22.24 25.80

Competitive Comparison

For the Asset Management subindustry, Blackstone's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackstone Price-to-Free-Cash-Flow Distribution

For the Asset Management industry and Financial Services sector, Blackstone's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Blackstone's Price-to-Free-Cash-Flow falls into.



Blackstone Price-to-Free-Cash-Flow Calculation

Blackstone's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=118.40/5.06
=23.40

Blackstone's Share Price of today is $118.40.
Blackstone's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.06.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Blackstone  (NYSE:BX) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Blackstone Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Blackstone's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackstone (Blackstone) Business Description

Traded in Other Exchanges
Address
345 Park Avenue, New York, NY, USA, 10154
Blackstone is the world's largest alternative asset managers with $1.001 trillion in total asset under management, including $731.1 billion in fee-earning asset under management, at the end of June 2023. The company has four core business segments: private equity (23% of fee-earning AUM and 27% of base management fees); real estate (39% and 44%); credit & insurance (28% and 21%); and hedge fund solutions (10% and 8%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices located in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).
Executives
David Payne officer: Chief Accounting Officer C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Ruth Porat director C/O GOOGLE INC., 1600 AMPHITHEATRE PRKW, MOUNTAIN VIEW CA 94043
John G Finley officer: Chief Legal Officer C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Joseph Baratta director C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Reginald J Brown director C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
William G Parrett director THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
James Breyer director ACCEL PARTNERS, 428 UNIVERSITY AVE, PALO ALTO CA 94301
Hamilton E James director, officer: President and COO JEFFERSON RIVER CAPITAL, 499 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10022
Jonathan Gray director C/O THE BLACKSTONE GROUP, 345 PARK AVE. 31ST FL., NEW YORK NY 10154
Joan Solotar officer: SMD - Public Market Activities THE BLACKSTONE GROUP L.P.,, 345 PARK AVENUE, NEW YORK NY 10154
Christopher Striano officer: Principal Accounting Officer C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
John A. Hood director C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Kelly Ayotte director C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Bennett J Goodman director C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
J Tomilson Hill director, officer: Vice Chairman