Blackstone
Financial ratios & Valuation

Forward Multiples (2025 – 2027)

202520262027
Price/Earnings ratio
28.6226.2927.51
Price/Sales ratio
8.027.1811.05
Earnings per Share (EPS)
$5.85$6.37$6.09

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
12.7526.1316.8914.4823.339.7819.977.5218.3869.6460.0923.33
Price/Sales ratio
3.094.413.993.606.206.128.635.597.7012.6026.996.20
Price/Book Value ratio
2.862.952.713.215.645.396.799.887.1714.2119.075.64
Price/Cash Flow ratio
12.207.73-32.43-8.70786.5719.2623.3323.368.6723.8731.7031.70
Price/Free Cash Flow ratio
12.437.93-31.17-8.611.31K19.8724.7523.749.0025.2754.8154.81
Price/Earnings Growth ratio
0.42-0.450.390.37-0.550.02-0.460.01-0.24-1.27-1.210.02
Dividend Yield
11.62%18.85%11.49%13.34%8.46%6.33%5.28%4.94%11.86%4.40%1.98%6.33%
Profitability Indicator Ratios
Gross Profit Margin
51.66%45.42%49.79%50.41%53.85%50.30%50.53%49.85%50.47%96.70%82.40%53.85%
Operating Profit Margin
48.90%36.35%47.68%63.32%33.73%32.42%26.77%42.28%35.57%47.66%44.63%33.73%
Pretax Profit Margin
61.08%43.23%54.27%69.64%60.60%61.84%50.01%81.42%48.53%38.49%60.18%61.84%
Net Profit Margin
24.27%16.91%23.67%24.88%26.59%62.61%43.21%74.31%41.90%18.10%26.49%62.61%
Effective Tax Rate
7.30%10.49%5.55%18.05%7.09%-1.25%13.60%8.73%13.66%17.36%16.52%7.09%
Return on Assets
5.02%3.15%3.93%4.27%5.33%11.86%8.60%30.03%7.02%3.45%5.22%11.86%
Return On Equity
22.44%11.32%16.08%22.16%24.16%55.15%33.99%131.32%39.04%20.40%32.22%24.16%
Return on Capital Employed
19.95%12.31%13.65%17.44%11.97%6.29%5.48%17.49%6.13%9.09%9.37%6.29%
Liquidity Ratios
Current Ratio
0.120.240.230.220.220.211.29N/AN/AN/A1.010.22
Quick Ratio
0.120.240.230.220.22-0.43-0.09-0.08-0.20N/A1.010.22
Cash ratio
0.090.180.160.150.172.692.782.263.67N/A0.890.17
Days of Sales Outstanding
94.38161.22184.2054.77165.63211.05285.10116.02235.88221.3513.04211.05
Days of Inventory outstanding
N/AN/AN/AN/AN/A724.98867.41327.54940.62N/AN/A724.98
Operating Cycle
94.38161.22184.2054.77165.63936.041.15K443.561.17K221.3513.04936.04
Days of Payables Outstanding
138.22103.35179.19N/A119.5395.91101.1040.96129.343.28KN/A95.91
Cash Conversion Cycle
-43.8357.865.0054.7746.09840.131.05K402.601.04K-3.06K13.04840.13
Debt Ratios
Debt Ratio
0.28N/AN/AN/AN/AN/AN/AN/AN/A0.28N/AN/A
Debt Equity Ratio
1.27N/AN/AN/AN/AN/AN/AN/AN/A1.68N/AN/A
Long-term Debt to Capitalization
0.55N/AN/AN/AN/AN/AN/AN/AN/A0.62N/AN/A
Total Debt to Capitalization
0.55N/AN/AN/AN/AN/AN/AN/AN/A0.62N/AN/A
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/A32.43N/AN/AN/A8.57N/A
Cash Flow to Debt Ratio
0.18N/AN/AN/AN/AN/AN/AN/AN/A0.35N/AN/A
Company Equity Multiplier
4.463.594.085.184.534.643.944.375.555.916.074.53
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.250.57-0.12-0.410.000.310.360.230.880.520.500.00
Free Cash Flow / Operating Cash Flow Ratio
0.980.971.041.000.590.960.940.980.960.940.980.59
Cash Flow Coverage Ratio
0.18N/AN/AN/AN/AN/AN/AN/AN/A0.35N/AN/A
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A24.88N/AN/A
Dividend Payout Ratio
148.21%492.73%194.24%193.26%197.58%61.99%105.48%37.19%218.09%306.88%196.68%196.68%