Blackstone Inc. BX NYSE

Blackstone Inc. (BX) generated $1.86B in operating cash flow for fiscal year 2025. After capital expenditures of $115.7M, free cash flow was $1.74B.

Free cash flow margin was 12.6% of revenue. Cash conversion ratio was 0.62x, suggesting some earnings are non-cash.

The company returned $6.01B in dividends and $312.48M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (33/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (75/100, Pass) — $1.74B (12.6% FCF margin) supports a durable competitive advantage
• INCOME (85/100) — Cash conversion ratio was 0.62x suggests some earnings are non-cash items

Overall SharesGrow Score: 75/100 with 6/7 criteria passed.