BLK vs BX

BlackRock (BLK) and Blackstone (BX) compared side by side. BlackRock (BLK) is larger, with a market cap of $181.7B versus $141.0B for Blackstone, about 1.3 times the size. On trailing earnings, BLK is cheaper at 25.5x versus 26.3x for BX.

Head to head

MetricBLKBX
Market cap$181.7B$141.0B
P/E (TTM)25.5x26.3x
Forward P/E17.3x16.0x
Revenue (TTM)$28.5B$15.5B
Revenue growth19.1%-0.5%
Gross margin48.3%100.0%
Operating margin37.9%48.9%
Free cash flow$3.5B$5.5B
Dividend yield2.05%4.43%
1-year return+1.5%-20.8%
5-year return (annual)+6.7%+0.4%
Max drawdown-60%-88%
FI Handbook gradeB-B-

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

$5.0K
$10.0K
$15.0K
20222023202420252026
BLKBX

BLK vs BX FAQ

Which is bigger, BLK or BX?

BlackRock (BLK) is larger, with a market cap of $181.7B versus $141.0B for Blackstone, about 1.3 times the size.

Is BLK or BX cheaper?

On trailing earnings, BLK is cheaper at 25.5x versus 26.3x for BX. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, BLK or BX?

BLK returned +1.5% over the past year including dividends, versus -20.8% for BX, through October 23, 2026.

Which pays a higher dividend, BLK or BX?

BX yields 4.43% versus 2.05% for BLK.

Full pages: BlackRock · Blackstone