Blackstone Debt-to-Assets Ratio Growth & History (BX)
Blackstone's debt-to-assets ratio was 0.28 for fiscal 2025.
View full Blackstone company overviewBlackstone annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.28 | −0.00 | −1.47% |
| 2024 | 2024-12-31 | 0.29 | −0.03 | −8.57% |
| 2023 | 2023-12-31 | 0.31 | −0.01 | −1.61% |
| 2022 | 2022-12-31 | 0.32 | 0.11 | +49.37% |
| 2021 | 2021-12-31 | 0.21 | −0.03 | −12.04% |
| 2020 | 2020-12-31 | 0.24 | −0.13 | −34.79% |
| 2019 | 2019-12-31 | 0.37 | 0.01 | +3.19% |
| 2018 | 2018-12-31 | 0.36 | −0.08 | −18.45% |
| 2017 | 2017-12-31 | 0.44 | 0.10 | +30.14% |
| 2016 | 2016-12-31 | 0.34 | 0.04 | +13.32% |
| 2015 | 2015-12-31 | 0.30 | −0.00 | −0.67% |
| 2014 | 2014-12-31 | 0.30 | — | — |
Blackstone quarterly debt-to-assets ratio
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.28 | −0.00 | −1.42% |
| Q1 2026 | 2026-03-31 | 0.30 | −0.00 | −1.03% |
| Q4 2025 | 2025-12-31 | 0.28 | −0.00 | −1.47% |
| Q3 2025 | 2025-09-30 | 0.28 | −0.00 | −1.01% |
| Q2 2025 | 2025-06-30 | 0.29 | −0.01 | −2.42% |
| Q1 2025 | 2025-03-31 | 0.30 | 0.00 | +0.28% |
| Q4 2024 | 2024-12-31 | 0.29 | −0.03 | −8.57% |
| Q3 2024 | 2024-09-30 | 0.28 | −0.04 | −11.69% |
| Q2 2024 | 2024-06-30 | 0.29 | −0.03 | −9.09% |
| Q1 2024 | 2024-03-31 | 0.30 | −0.03 | −9.19% |
| Q4 2023 | 2023-12-31 | 0.31 | −0.01 | −1.61% |
| Q3 2023 | 2023-09-30 | 0.32 | 0.06 | +24.05% |
| Q2 2023 | 2023-06-30 | 0.32 | 0.07 | +28.71% |
| Q1 2023 | 2023-03-31 | 0.33 | 0.10 | +41.55% |
| Q4 2022 | 2022-12-31 | 0.32 | 0.11 | +49.37% |
| Q3 2022 | 2022-09-30 | 0.26 | 0.04 | +18.37% |
| Q2 2022 | 2022-06-30 | 0.25 | 0.06 | +28.69% |
| Q1 2022 | 2022-03-31 | 0.23 | 0.01 | +5.90% |
| Q4 2021 | 2021-12-31 | 0.21 | −0.03 | −12.04% |
| Q3 2021 | 2021-09-30 | 0.22 | −0.03 | −13.17% |
| Q2 2021 | 2021-06-30 | 0.20 | −0.23 | −53.61% |
| Q1 2021 | 2021-03-31 | 0.22 | −0.23 | −51.31% |
| Q4 2020 | 2020-12-31 | 0.24 | −0.13 | −34.79% |
| Q3 2020 | 2020-09-30 | 0.25 | −0.13 | −33.81% |
| Q2 2020 | 2020-06-30 | 0.42 | 0.05 | +12.41% |
| Q1 2020 | 2020-03-31 | 0.45 | 0.08 | +22.65% |
| Q4 2019 | 2019-12-31 | 0.37 | 0.01 | +3.19% |
| Q3 2019 | 2019-09-30 | 0.38 | 0.04 | +10.87% |
| Q2 2019 | 2019-06-30 | 0.38 | 0.03 | +8.38% |
| Q1 2019 | 2019-03-31 | 0.37 | 0.03 | +7.66% |
| Q4 2018 | 2018-12-31 | 0.36 | −0.08 | −18.45% |
| Q3 2018 | 2018-09-30 | 0.34 | −0.06 | −15.93% |
| Q2 2018 | 2018-06-30 | 0.35 | −0.03 | −7.70% |
| Q1 2018 | 2018-03-31 | 0.34 | −0.01 | −2.54% |
| Q4 2017 | 2017-12-31 | 0.44 | 0.10 | +30.14% |
| Q3 2017 | 2017-09-30 | 0.41 | 0.09 | +28.96% |
| Q2 2017 | 2017-06-30 | 0.38 | 0.06 | +20.04% |
| Q1 2017 | 2017-03-31 | 0.35 | 0.04 | +12.45% |
| Q4 2016 | 2016-12-31 | 0.34 | 0.04 | +13.32% |
| Q3 2016 | 2016-09-30 | 0.32 | 0.05 | +17.96% |
| Q2 2016 | 2016-06-30 | 0.31 | 0.07 | +30.36% |
| Q1 2016 | 2016-03-31 | 0.31 | 0.02 | +5.20% |
| Q4 2015 | 2015-12-31 | 0.30 | −0.00 | −0.67% |
| Q3 2015 | 2015-09-30 | 0.27 | −0.01 | −2.20% |
| Q2 2015 | 2015-06-30 | 0.24 | −0.09 | −26.49% |
| Q1 2015 | 2015-03-31 | 0.30 | −0.07 | −18.71% |
| Q4 2014 | 2014-12-31 | 0.30 | — | — |
| Q3 2014 | 2014-09-30 | 0.27 | — | — |
| Q2 2014 | 2014-06-30 | 0.33 | — | — |
| Q1 2014 | 2014-03-31 | 0.36 | — | — |
Blackstone debt-to-assets ratio trends
Over the last five fiscal years, Blackstone's debt-to-assets ratio increased from 0.24 to 0.28, a change of 0.04. The latest reported quarter, Q2 2026, shows 0.28.
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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