Blackstone Inc.
Close on Nov 2, 2026Market cap $90.18BP/E 26.9Yield 3.90%
Blackstone Total Fee Related Earnings — FRE by Year
Total Fee Related Earnings — FRE ($M)
Blackstone Total Fee Related Earnings — FRE: $5,738M in FY2025, up 8.6% from a year earlier. That is the highest of the 9 years on record here.
Where the FY2025 figure comes from
Source: BX 3Q26 Supplemental Financial Data Workbook (.xlsx) ↗
Reported in BX Supplemental Financial Data (.xlsx) & Form 8-K EX-99.1.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Total Fee Related Earnings — FRE ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 5,738 | +8.6% | BX 3Q26 Supplemental Financial Data Workbook (.xlsx) ↗ |
| FY2024 | Dec 31, 2024 | 5,282 | +21.4% | BX 3Q26 Supplemental Financial Data Workbook (.xlsx) ↗ |
| FY2023 | Dec 31, 2023 | 4,349 | -1.4% | BX 3Q26 Supplemental Financial Data Workbook (.xlsx) ↗ |
| FY2022 | Dec 31, 2022 | 4,413 | +8.9% | BX 3Q26 Supplemental Financial Data Workbook (.xlsx) ↗ |
| FY2021 | Dec 31, 2021 | 4,051 | +70.9% | BX 3Q26 Supplemental Financial Data Workbook (.xlsx) ↗ |
| FY2020 | Dec 31, 2020 | 2,370 | +32.5% | BX 3Q25 Supplemental Financial Data Workbook (.xlsx) ↗ |
| FY2019 | Dec 31, 2019 | 1,789 | +22.9% | BX 3Q24 Supplemental Financial Data Workbook (.xlsx) ↗ |
| FY2018 | Dec 31, 2018 | 1,456 | +9.5% | BX 3Q23 Supplemental Financial Data Workbook (.xlsx) ↗ |
| FY2017 | Dec 31, 2017 | 1,330 | – | BX 3Q22 Supplemental Financial Data Workbook (.xlsx) ↗ |
Breakdown
What makes up total Fee Related Earnings — FRE
Cite this data
StockData. (2026). Blackstone Total Fee Related Earnings — FRE ($M), annual FY2017–FY2025 [Data set]. Compiled from Blackstone SEC filings and investor materials. https://stockdatahq.com/stocks/bx/kpis/econ-fre-tot
See every metric in the Blackstone KPI table. Data updated Nov 1, 2026.