NYSE$BX
BlackStone Group LP · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Blackstone reported outstanding results driven by strong investment performance and innovation, broadening its client base and investment types, resulting in record AUM and elevated earnings.
Blackstone reported strong Q2 2021 results, achieving its best-ever quarter of fund appreciation. The firm's AUM grew by 21% year-over-year to a record $684 billion, driven by strong investment performance and a culture of innovation that has broadened its client base and investment capabilities.
- GAAP Net Income was $2.9 billion.
- Fee Related Earnings (FRE) reached $704 million ($0.58/share), up 30% year-over-year.
- Distributable Earnings (DE) were $1.1 billion ($0.82/share), up 95% year-over-year.
- Total Assets Under Management (AUM) hit $684.0 billion, a 21% increase year-over-year.
Headline financials
Revenue & EPS history
BlackStone · Revenue · Quarterly
$5.29B
Revenue by segment
BlackStone · $1.26B total across 2 segments · Q2 2021
- Mgmt & Advisory Fees$1.21B+25.0%96.1%
- Fee-Related Perf. Rev.$48.9M+219.5%3.9%
Forward guidance
This report contains forward-looking statements subject to risks and uncertainties, including the impact of COVID-19, as detailed in the company's SEC filings.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+1.2%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+0.6%
Avg return
30 days after
62%
40 / 65 earnings
Positive
+11.5%
Q4 2021
Best reaction
-8.1%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.0% | -6.3% | -8.6% | |
| Q4 2025 | -2.6% | -8.8% | -22.8% | |
| Q3 2025 | -4.2% | -6.2% | -11.8% | |
| Q2 2025 | -1.1% | -5.3% | +2.7% | |
| Q1 2025 | +0.8% | -3.5% | +13.4% | |
| Q4 2024 | -4.1% | -7.8% | -13.1% | |
| Q3 2024 | +7.9% | +5.5% | +13.6% | |
| Q2 2024 | +2.8% | +6.5% | -0.4% | |
| Q1 2024 | -3.9% | +0.9% | +2.0% | |
| Q4 2023 | +3.3% | +5.4% | +3.7% | |
| Q3 2023 | -7.7% | -7.0% | +2.6% | |
| Q2 2023 | -3.0% | -3.5% | -8.7% | |
| Q1 2023 | -3.3% | -6.6% | -10.2% | |
| Q4 2022 | +7.9% | +8.0% | +0.2% | |
| Q3 2022 | -2.6% | +4.3% | +4.5% | |
| Q2 2022 | -4.6% | -7.4% | +2.2% | |
| Q1 2022 | -8.1% | -10.9% | -10.6% | |
| Q4 2021 | +11.5% | +21.1% | +15.5% | |
| Q3 2021 | +6.9% | +10.5% | +13.8% | |
| Q2 2021 | +5.2% | +8.0% | +7.1% | |
| Q1 2021 | +8.6% | +10.3% | +13.0% | |
| Q4 2020 | +3.3% | +6.8% | +6.7% | |
| Q3 2020 | -1.7% | -1.0% | +16.7% | |
| Q2 2020 | -4.0% | -6.6% | -8.7% | |
| Q1 2020 | +4.5% | +10.9% | +16.4% | |
| Q4 2019 | -2.5% | +1.0% | -14.1% | |
| Q3 2019 | +6.0% | +7.5% | +4.4% | |
| Q2 2019 | +0.8% | +7.3% | +4.3% | |
| Q1 2019 | +8.6% | +10.6% | +13.1% | |
| Q4 2018 | +2.6% | +4.5% | +1.2% | |
| Q3 2018 | -4.0% | -6.4% | -10.1% | |
| Q2 2018 | -0.8% | -0.1% | -0.1% | |
| Q1 2018 | +1.4% | +1.3% | -1.5% | |
| Q4 2017 | -3.4% | -5.2% | -8.8% | |
| Q3 2017 | +2.9% | +3.3% | -5.1% | |
| Q2 2017 | -1.0% | -0.7% | -9.4% | |
| Q1 2017 | +0.7% | +2.8% | -0.6% | |
| Q4 2016 | +2.2% | +0.0% | -3.5% | |
| Q3 2016 | +0.5% | -1.8% | +4.6% | |
| Q2 2016 | +6.1% | +7.1% | +9.1% | |
| Q1 2016 | -3.4% | — | — | |
| Q4 2015 | +2.6% | — | — | |
| Q3 2015 | +2.9% | — | — | |
| Q2 2015 | +0.6% | — | — | |
| Q1 2015 | +2.0% | — | — | |
| Q4 2014 | +1.6% | — | — | |
| Q3 2014 | +0.8% | — | — | |
| Q2 2014 | +5.0% | — | — | |
| Q1 2014 | +2.6% | — | — | |
| Q4 2013 | +5.9% | — | — | |
| Q3 2013 | +2.9% | — | — | |
| Q2 2013 | +8.4% | — | — | |
| Q1 2013 | -1.9% | — | — | |
| Q4 2012 | +9.5% | — | — | |
| Q3 2012 | +4.1% | — | — | |
| Q2 2012 | +1.9% | — | — | |
| Q1 2012 | +2.1% | — | — | |
| Q2 2011 | -1.2% | — | — | |
| Q4 2011 | -1.2% | — | — | |
| Q3 2011 | -7.2% | — | — | |
| Q1 2011 | +0.5% | — | — | |
| Q4 2010 | +2.9% | — | — | |
| Q3 2010 | -0.5% | — | — | |
| Q2 2010 | -1.3% | — | — | |
| Q1 2010 | +7.0% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro