BN vs. BX: Brookfield vs. Blackstone Stock Comparison

November 11, 2026

How do Brookfield (BN) and Blackstone (BX) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Brookfield (BN) and Blackstone (BX) are both classified in the Asset Management & Custody Banks sub-industry within the broader Capital Markets industry, placing them in the closest GICS peer bucket.

Company profile comparison for Brookfield (BN) and Blackstone (BX)
Profile Item	BN	BX
Name	Brookfield Corporation	Blackstone Inc.
Country/Region	Canada	United States
GICS Sector	Financials	Financials
GICS Industry Group	Financial Services	Financial Services
GICS Industry	Capital Markets	Capital Markets
GICS Sub-Industry	Asset Management & Custody Banks	Asset Management & Custody Banks
Market Capitalization	92.37 billion USD	148.61 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	December 30, 1983	June 22, 2007
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

GSPC

Brookfield (BN) vs. Blackstone (BX), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Brookfield (BN) and Blackstone (BX). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Brookfield (BN) and Blackstone (BX). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Brookfield (BN) and Blackstone (BX)
Metric	BN	BX
Total Return (1Y)	-5.98%	-11.29%
Total Return (3Y, Annualized)	26.70%	12.22%
Total Return (5Y, Annualized)	6.17%	0.26%

Risk Profile

Drawdown History

GSPC

Brookfield (BN) vs. Blackstone (BX), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Brookfield (BN) and Blackstone (BX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Brookfield (BN) and Blackstone (BX)
Metric	BN	BX
Volatility (1Y, Annualized)	29.18%	38.63%
Beta (5Y)	1.49	1.50
Max Drawdown (5Y)	-41.29%	-49.29%
Avg. Volume (3M)	4.91M	4.75M

Risk-Adjusted Performance

Risk-Return Positioning

BN and BX are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Brookfield (BN) and Blackstone (BX)
Metric	BN	BX
Sharpe Ratio (1Y)	-0.35	-0.40
Sortino Ratio (1Y)	-0.50	-0.57

Profitability

ROE (TTM)

Blackstone (BX) at 32.38% sits in the top ROE quartile, while Brookfield (BN) at 2.26% is in the bottom quartile, showing a clear gap in returns on equity.

BN

Financial Services industry group

2.26%

Max: 44.78%
Q3: 21.85%
Median: 12.91%
Q1: 4.48%
BN: 2.26%
Min: -18.71%

BX

Financial Services industry group

32.38%

Max: 44.78%
BX: 32.38%
Q3: 21.85%
Median: 12.91%
Q1: 4.48%
Min: -18.71%

Brookfield (BN) vs. Blackstone (BX): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

Blackstone (BX) at 22.99% keeps about the industry-typical share of revenue as profit, while Brookfield (BN) at 1.77% retains only a bottom-quartile share.

BN

Financial Services industry group

1.77%

Max: 62.84%
Q3: 28.05%
Median: 15.36%
Q1: 4.82%
BN: 1.77%
Min: -28.52%

BX

Financial Services industry group

22.99%

Max: 62.84%
Q3: 28.05%
BX: 22.99%
Median: 15.36%
Q1: 4.82%
Min: -28.52%

Brookfield (BN) vs. Blackstone (BX): A comparison of their net margin against the Financial Services industry group benchmark.

Operating Margin (TTM)

Both Brookfield (BN) at 25.67% and Blackstone (BX) at 48.86% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

BN

Financial Services industry group

25.67%

Max: 107.33%
Q3: 55.90%
Median: 30.09%
BN: 25.67%
Q1: 14.60%
Min: -44.34%

BX

Financial Services industry group

48.86%

Max: 107.33%
Q3: 55.90%
BX: 48.86%
Median: 30.09%
Q1: 14.60%
Min: -44.34%

Brookfield (BN) vs. Blackstone (BX): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for Brookfield (BN) and Blackstone (BX)
Metric	BN	BX
ROE (TTM)	2.26%	32.38%
ROA (TTM)	2.66%	14.27%
Net Margin (TTM)	1.77%	22.99%
Operating Margin (TTM)	25.67%	48.86%
Gross Margin (TTM)	--	--

Growth

Revenue Growth

Blackstone (BX) at 13.54% is around its peer norm for revenue growth, while Brookfield (BN) at -12.68% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Brookfield (BN) vs. Blackstone (BX): A comparison of their Revenue Growth across different time periods.

EPS Growth

Brookfield (BN) at 137.06% sits in the top EPS growth quartile, while Blackstone (BX) at 6.91% is closer to the peer norm — faster per-share earnings growth for BN.

Brookfield (BN) vs. Blackstone (BX): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Brookfield (BN) and Blackstone (BX)
Metric	BN	BX
Revenue Growth (YoY)	-12.68%	13.54%
Revenue Growth (3Y CAGR)	-6.80%	20.27%
EPS Growth (YoY)	137.06%	6.91%
EPS Growth (3Y CAGR)	-25.60%	17.92%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Brookfield (BN) in Financial Services and Blackstone (BX) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for both: Brookfield (BN) in Financial Services and Blackstone (BX) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Financial strength metrics for Brookfield (BN) and Blackstone (BX)
Metric	BN	BX
Current Ratio (MRQ)	--	--
Debt / Equity (MRQ)	--	--
Net Debt / EBITDA	--	--

Dividends

Dividend Yield (TTM)

Blackstone (BX) at 4.22% delivers top-quartile income for its industry, while Brookfield (BN) at 0.62% pays a more typical yield — both are credible income propositions, BX the richer one.

BN

Financial Services industry group

0.62%

Max: 9.77%
Q3: 3.92%
Median: 1.09%
BN: 0.62%
Q1: 0.00%
Min: 0.00%

BX

Financial Services industry group

4.22%

Max: 9.77%
BX: 4.22%
Q3: 3.92%
Median: 1.09%
Q1: 0.00%
Min: 0.00%

Brookfield (BN) vs. Blackstone (BX): A comparison of their dividend yield against the Financial Services industry group benchmark.

Dividend Payout Ratio (TTM)

Blackstone (BX) reports payout ratio above 100% at 111.19%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Brookfield (BN) reports 48.15%, ranking against industry peers normally.

BN

Financial Services industry group

48.15%

Max: 241.07%
Q3: 97.36%
BN: 48.15%
Median: 25.77%
Q1: 0.00%
Min: 0.00%

BX

Financial Services industry group

111.19%

Max: 241.07%
BX: 111.19%
Q3: 97.36%
Median: 25.77%
Q1: 0.00%
Min: 0.00%

Brookfield (BN) vs. Blackstone (BX): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for Brookfield (BN) and Blackstone (BX)
Metric	BN	BX
Dividend Yield (TTM)	0.62%	4.22%
Dividend Payout Ratio (TTM)	48.15%	111.19%

Valuation

P/E Ratio (TTM)

Both look expensive on trailing earnings: Blackstone (BX) at 26.61 sits in the richer P/E ratio quartile, and Brookfield (BN) at 76.63 is richer still, above its industry range.

BN

Financial Services industry group

76.63

BN: 76.63
Max: 45.85
Q3: 24.64
Median: 15.37
Q1: 9.68
Min: 0.16

BX

Financial Services industry group

26.61

Max: 45.85
BX: 26.61
Q3: 24.64
Median: 15.37
Q1: 9.68
Min: 0.16

Brookfield (BN) vs. Blackstone (BX): A comparison of their P/E ratio against the Financial Services industry group benchmark.

P/S Ratio (TTM)

Brookfield (BN) at 1.14 sits in the cheaper P/S ratio quartile while Blackstone (BX) at 9.61 prices above its industry range — a wide gap in sales valuation between them.

BN

Financial Services industry group

1.14

Max: 9.23
Q3: 4.57
Median: 2.72
Q1: 1.28
BN: 1.14
Min: -0.55

BX

Financial Services industry group

9.61

BX: 9.61
Max: 9.23
Q3: 4.57
Median: 2.72
Q1: 1.28
Min: -0.55

Brookfield (BN) vs. Blackstone (BX): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

Brookfield (BN) at 2.18 sits near its industry’s typical P/B ratio, while Blackstone (BX) at 10.81 prices above its benchmark range — BX looks rich relative to book.

BN

Financial Services industry group

2.18

Max: 7.79
Q3: 3.63
BN: 2.18
Median: 1.57
Q1: 0.81
Min: -0.39

BX

Financial Services industry group

10.81

BX: 10.81
Max: 7.79
Q3: 3.63
Median: 1.57
Q1: 0.81
Min: -0.39

Brookfield (BN) vs. Blackstone (BX): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for Brookfield (BN) and Blackstone (BX)
Metric	BN	BX
P/E Ratio (TTM)	76.63	26.61
P/S Ratio (TTM)	1.14	9.61
P/B Ratio (MRQ)	2.18	10.81
Free Cash Flow Yield (TTM)	--	--