Blackstone Inc. — Earnings Quality Grade F
BX · Financial Services
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
Insufficient data
Insufficient data
Revenue 13.5%, CFFO 33.9%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 88.4% is >2x revenue growth 13.5%
Insufficient data
Insufficient data
Cash Flow Quality
CFFO/NI = 1.54. Profits backed by cash
FCF $4.5B, FCF/NI = 1.51
Accruals ratio = -3.4%. Low accruals
Cash $2.6B covers only 20% of debt $13.3B
Balance Sheet Health
Goodwill+Intangibles $2.0B = 23% of equity. Manageable
Insufficient data
Insufficient data
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -2% YoY. Normal
Manipulation Score
Insufficient data
Altman Z-Score — Not Applicable
Blackstone Inc. is a financial company. Z-Score is designed for non-financial companies.
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-09