Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
BlackstoneLTS:0HO8 +2.58%74 FCF Margin % is 45.59% as of Jun. 2026, which is 47% above its 10-year median of 31.06. GuruFocus rates LTS:0HO8 with a GF Score™ of 74/100 and a GF Value™ of €170.64 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,449 Asset Management companies, Blackstone ranks better than 66.8% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Blackstone's Free Cash Flow for the
three
months ended in Jun. 2026 was €1,657 Mil. Blackstone's Revenue for the
three
months ended in Jun. 2026 was €3,635 Mil. Therefore, Blackstone's FCF Margin % for the quarter that ended in Jun. 2026 was 45.59%.
The historical data trend for Blackstone's FCF Margin % 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.
LTS:0HO8 vs KKR, APO, STT: FCF Margin % Comparison
For the Asset Management subindustry, Blackstone's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackstone's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Blackstone's FCF Margin % falls into.
* 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.
Blackstone (LTS:0HO8) has a FCF Margin % of 45.59% as of Jun. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Blackstone and its competitors. This is 47% above median its historical median of 31.06. According to the industry distribution chart, Blackstone ranks #481 out of 1449 companies in the Asset Management industry, placing it in the top 33.2%.
Is Blackstone's FCF Margin % too high?
Blackstone's current FCF Margin % of 45.59% is 47% above median its 10-year median of 31.06. The Asset Management industry median FCF Margin % is 13.53. Blackstone's value of 45.59% is 237% above this industry median. Based on the distribution chart, Blackstone ranks #481 out of 1449 companies in the Asset Management industry, which is above the industry midpoint. Overall, Blackstone has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blackstone's FCF Margin % compare to KKR and APO?
According to the Asset Management industry distribution chart, Blackstone ranks #481 out of 1449 companies for FCF Margin %. This puts Blackstone in the upper half of its industry. The industry median FCF Margin % is 13.53. Blackstone's value of 45.59% is 237% above this benchmark. While the company's 10-year median is 31.06 vs. the industry median of 13.53, Blackstone has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Asset Management company?
The median FCF Margin % among Asset Management companies is 13.53, based on 1,449 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blackstone's current FCF Margin % of 45.59% is 237% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Blackstone and its competitors. For the Asset Management industry, the median FCF Margin % is 13.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackstone's current FCF Margin % is 45.59%, which is 47% above median its own 10-year median of 31.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone stock overvalued right now?
Based on GuruFocus' analysis, Blackstone (LTS:0HO8) is currently considered Modestly Undervalued. The stock's GF Value™ is €170.64, compared to a current price of €121.45 — trading 28.8% below its estimated fair value. The current FCF Margin % is 45.59%, which is 47% above median its 10-year median of 31.06 and 237% above the Asset Management industry median of 13.53. Blackstone's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Blackstone (LTS:0HO8), the current FCF Margin % is 45.59% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Blackstone (LTS:0HO8) Overvalued in 2026?
Based on GuruFocus' analysis, Blackstone stock appears to be undervalued.
The current stock price of €121.45 is trading 28.8% below its estimated GF Value™ of €170.64.
GuruFocus considers Blackstone to be Modestly Undervalued.
Key valuation signals for LTS:0HO8:
FCF Margin %: 45.59% (47% above median its 10-year median of 31.06)
GF Value™: €170.64 vs. price of €121.45 (28.8% below fair value)
Industry Position: 237% above the Asset Management median (#481 of 1449)
No single metric tells the full story. See the LTS:0HO8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blackstone is the world's largest alternative-asset manager with $1.304 trillion in total assets under management, including $937.6 billion in fee-earning assets under management, at the end of March 2026. The company operates with scale in each of its major product lines: private equity (27% of fee-earning AUM and 34% of base management fees), real estate/real assets (30% and 33%), credit and insurance (33% and 26%), and other alternatives (10% and 7%). While the firm primarily serves institutional investors (84% of AUM), it also caters to clients in the high-net-worth channel (16%). Blackstone operates through 25 offices in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).
74GF Score
Get the complete analysis for LTS:0HO8
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0HO8 has been successfully added to your 
