Blackstone Real Estate Income Trust, Inc. (BSTT)

0.13 +13.04% (+0.01)

Over 5Y: +129900.0%

2024-06-04
0.05 0.1
5 Jul 3 Jun 4 Jun

Financials Quarterly

Q3 '21 — Revenue: 979.3M Q3 '21 — Operating Cash Flow: 517.2M Q3 '21 — Net Income: -357.3M Q4 '21 — Revenue: 1.2B Q4 '21 — Operating Cash Flow: 592.7M Q4 '21 — Net Income: -301.2M Q1 '22 — Revenue: 1.5B Q1 '22 — Operating Cash Flow: 622.8M Q1 '22 — Net Income: -51.7M Q2 '22 — Revenue: 1.7B Q2 '22 — Operating Cash Flow: 727.5M Q2 '22 — Net Income: -569M Q3 '22 — Revenue: 2.1B Q3 '22 — Operating Cash Flow: 847.7M Q3 '22 — Net Income: 372.2M Q4 '22 — Revenue: 2.3B Q4 '22 — Operating Cash Flow: 530.7M Q4 '22 — Net Income: -635M Q1 '23 — Revenue: 2.3B Q1 '23 — Operating Cash Flow: 565.8M Q1 '23 — Net Income: -601.1M Q2 '23 — Revenue: 2.3B Q2 '23 — Operating Cash Flow: 940.2M Q2 '23 — Net Income: 754.9M Q3 '23 — Revenue: 2.2B Q3 '23 — Operating Cash Flow: 629.7M Q3 '23 — Net Income: 588.3M Q4 '23 — Revenue: 2.2B Q4 '23 — Operating Cash Flow: 570.7M Q4 '23 — Net Income: -1.5B Q1 '24 — Revenue: 2.2B Q1 '24 — Operating Cash Flow: 498.5M Q1 '24 — Net Income: -133M Q2 '24 — Revenue: 2.2B Q2 '24 — Operating Cash Flow: 653.8M Q2 '24 — Net Income: -518.5M Q3 '24 — Revenue: 2.1B Q3 '24 — Operating Cash Flow: 480.4M Q3 '24 — Net Income: -606.1M Q4 '24 — Revenue: 2.1B Q4 '24 — Operating Cash Flow: 454.6M Q4 '24 — Net Income: 367M Q1 '25 — Revenue: 2.1B Q1 '25 — Operating Cash Flow: 572.5M Q1 '25 — Net Income: -1.7B Q2 '25 — Revenue: 2B Q2 '25 — Operating Cash Flow: 609.1M Q2 '25 — Net Income: -488.5M Q3 '25 — Revenue: 1.9B Q3 '25 — Operating Cash Flow: 540M Q3 '25 — Net Income: -638.7M Q4 '25 — Revenue: 2B Q4 '25 — Operating Cash Flow: 564.1M Q4 '25 — Net Income: -460.4M Q1 '26 — Revenue: 1.9B Q1 '26 — Operating Cash Flow: 473.8M Q1 '26 — Net Income: -357.5M Q2 '26 — Revenue: 1.9B Q2 '26 — Operating Cash Flow: 740.1M Q2 '26 — Net Income: -401.4M -1.6B -800M 0 800M 1.6B 2.4B
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

7.6
Oper. margin 58.1%
OE margin 30.1%
ROIC 5.1%
Accruals -4.6%
FCF margin 30.1%
OCF margin 30.1%
Gross margin 53.8%
Asset turnover 0.085×
OCF / EBIT 0.52×
Profit margin -24.1%
ROA -2.0%
ROE -10.5%
Capex / sales —
ROCE —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

4.3
Segment HHI 0.34 HHI
RPO / sales —
RPO growth —

3 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

1.8
ND/EBITDA —
F-score 5.6 pts
Cash / Debt 0.027×
Debt / Eq 3.0×
Debt payback 22.1 yr
Cash runway —
Current ratio —
Payout —
Quick ratio —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

5.2
Sales CAGR 4Y +21.1%
Sales/sh Y/Y +0.54%
EBIT CAGR +5.5%
EBIT Y/Y +4.3%
Div. growth -8.1%
Sales Q/Q -6.9%
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.