Blackstone Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.83B | $7.12B | $5.13B | $4.65B | $7.48B | $6.61B | $4.02B | $3.25B |
| Management and Advisory Fees Net | $3.03B | $2.73B | $2.44B | — | — | — | — | — |
| Performance Allocations | $2.44B | $3.34B | $1.96B | — | — | — | — | — |
| Incentive Fees | $57.5M | $365.9M | $220.2M | — | — | — | — | — |
| Principal Investment Income | $465.8M | $678.4M | $356.1M | — | — | — | — | — |
| Interest and Dividend Revenue | $171.9M | $139.7M | $95.7M | — | — | — | — | — |
| Other | $672.3M | $-133.2M | $54.8M | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $594.9M | $488.6M | $541.6M | $576.1M | $549.5M | $474.4M | $548.7M | $566.3M |
| Operating Income | $3.68B | $4.32B | $2.53B | $1.96B | $4.11B | $3.26B | $1.09B | $135.1M |
| Operating Margin | 53.8% | 60.6% | 49.4% | 42.2% | 54.9% | 49.2% | 27.1% | 4.2% |
| Interest Expense | $164.0M | $197.5M | $152.7M | $144.5M | $121.5M | $108.0M | $72.9M | $57.8M |
| Pretax Income | $3.51B | $4.12B | $2.38B | $1.81B | $3.99B | $3.15B | $1.01B | $77.3M |
| Income Tax Expense | $249.4M | $743.1M | $132.4M | $190.4M | $291.2M | $255.6M | $185.0M | $345.7M |
| Net Income | $1.54B | $1.47B | $1.04B | $709.8M | $1.58B | $1.17B | $218.6M | $-168.3M |
| Net Margin | 22.6% | 20.7% | 20.3% | 15.3% | 21.2% | 17.7% | 5.4% | -5.2% |
| EPS (Basic) | $2.27 | $2.21 | $1.60 | $1.12 | $2.60 | $2.00 | $0.41 | $-0.35 |
| EPS (Diluted) | $2.26 | $2.21 | $1.56 | $1.04 | $2.58 | $1.98 | $0.41 | $-0.35 |
| Shares Outstanding (Basic) | 678.9M | 665.5M | 649.5M | 634.3M | 608.8M | 587.0M | 533.7M | 475.6M |
| Shares Outstanding (Diluted) | 1.21B | 666.2M | 1.20B | 1.19B | 613.2M | 590.5M | 538.7M | 475.6M |
| Dividends Per Share | $2.42 | $2.32 | $1.66 | $2.90 | $1.92 | $1.18 | $0.52 | $0.62 |