Seek Returns

BX vs. NDAQ: Blackstone vs. Nasdaq Stock Comparison

How do Blackstone (BX) and Nasdaq (NDAQ) 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

Blackstone (BX) and Nasdaq (NDAQ) both belong to the Capital Markets industry, though BX is classified under Asset Management & Custody Banks while NDAQ falls under Financial Exchanges & Data.

Company profile comparison for Blackstone (BX) and Nasdaq (NDAQ)
Profile ItemBXNDAQ
NameBlackstone Inc.Nasdaq, Inc. Common Stock
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupFinancial ServicesFinancial Services
GICS IndustryCapital MarketsCapital Markets
GICS Sub-IndustryAsset Management & Custody BanksFinancial Exchanges & Data
Market Capitalization148.61 billion USD59.88 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateJune 22, 2007July 1, 2002
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

BX
NDAQ
GSPC
Loading price history…
Blackstone (BX) vs. Nasdaq (NDAQ), 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

Loading price history…
Trailing total returns for Blackstone (BX) and Nasdaq (NDAQ). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Blackstone (BX) and Nasdaq (NDAQ). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Blackstone (BX) and Nasdaq (NDAQ)
MetricBXNDAQ
Total Return (1Y)-11.29%26.55%
Total Return (3Y, Annualized)12.22%30.18%
Total Return (5Y, Annualized)0.26%10.68%

Risk Profile

Drawdown History

BX
NDAQ
GSPC
Loading price history…
Blackstone (BX) vs. Nasdaq (NDAQ), 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

Loading price history…
Distribution of monthly total returns for Blackstone (BX) and Nasdaq (NDAQ). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Blackstone (BX) and Nasdaq (NDAQ)
MetricBXNDAQ
Volatility (1Y, Annualized)38.63%28.74%
Beta (5Y)1.500.94
Max Drawdown (5Y)-49.29%-32.57%
Avg. Volume (3M)4.75M3.13M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
BX and NDAQ 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 Blackstone (BX) and Nasdaq (NDAQ)
MetricBXNDAQ
Sharpe Ratio (1Y)-0.400.77
Sortino Ratio (1Y)-0.571.09

Profitability

ROE (TTM)

Blackstone (BX) at 32.38% sits in the top ROE quartile, while Nasdaq (NDAQ) at 17.33% is closer to the peer norm — stronger capital efficiency for BX.

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%

NDAQ

Financial Services industry group

17.33%

Max
44.78%
Q3
21.85%
NDAQ
17.33%
Median
12.91%
Q1
4.48%
Min
-18.71%
Loading chart…
Blackstone (BX) vs. Nasdaq (NDAQ): A comparison of their ROE against the Financial Services industry group benchmark.

Net Margin (TTM)

Nasdaq (NDAQ) at 36.06% retains a top-quartile share of revenue as profit, ahead of Blackstone (BX) at 22.99%, which keeps about the industry-typical share.

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%

NDAQ

Financial Services industry group

36.06%

Max
62.84%
NDAQ
36.06%
Q3
28.05%
Median
15.36%
Q1
4.82%
Min
-28.52%
Loading chart…
Blackstone (BX) vs. Nasdaq (NDAQ): A comparison of their net margin against the Financial Services industry group benchmark.

Operating Margin (TTM)

Both Blackstone (BX) at 48.86% and Nasdaq (NDAQ) at 50.57% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

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%

NDAQ

Financial Services industry group

50.57%

Max
107.33%
Q3
55.90%
NDAQ
50.57%
Median
30.09%
Q1
14.60%
Min
-44.34%
Loading chart…
Blackstone (BX) vs. Nasdaq (NDAQ): A comparison of their operating margin against the Financial Services industry group benchmark.

Profitability Metrics

Profitability metrics for Blackstone (BX) and Nasdaq (NDAQ)
MetricBXNDAQ
ROE (TTM)32.38%17.33%
ROA (TTM)14.27%6.10%
Net Margin (TTM)22.99%36.06%
Operating Margin (TTM)48.86%50.57%
Gross Margin (TTM)----

Growth

Revenue Growth

Both Blackstone (BX) at 13.54% and Nasdaq (NDAQ) at 11.65% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Loading chart…
Blackstone (BX) vs. Nasdaq (NDAQ): A comparison of their Revenue Growth across different time periods.

EPS Growth

Nasdaq (NDAQ) at 60.10% 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 NDAQ.

Loading chart…
Blackstone (BX) vs. Nasdaq (NDAQ): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Blackstone (BX) and Nasdaq (NDAQ)
MetricBXNDAQ
Revenue Growth (YoY)13.54%11.65%
Revenue Growth (3Y CAGR)20.27%9.89%
EPS Growth (YoY)6.91%60.10%
EPS Growth (3Y CAGR)17.92%10.99%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Blackstone (BX) in Financial Services and Nasdaq (NDAQ) 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: Blackstone (BX) in Financial Services and Nasdaq (NDAQ) 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 Blackstone (BX) and Nasdaq (NDAQ)
MetricBXNDAQ
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 Nasdaq (NDAQ) at 1.09% pays a more typical yield — both are credible income propositions, BX the richer one.

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%

NDAQ

Financial Services industry group

1.09%

Max
9.77%
Q3
3.92%
Median
1.09%
NDAQ
1.09%
Q1
0.00%
Min
0.00%
Loading chart…
Blackstone (BX) vs. Nasdaq (NDAQ): 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 Nasdaq (NDAQ) reports 31.69%, ranking against industry peers normally.

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%

NDAQ

Financial Services industry group

31.69%

Max
241.07%
Q3
97.36%
NDAQ
31.69%
Median
25.77%
Q1
0.00%
Min
0.00%
Loading chart…
Blackstone (BX) vs. Nasdaq (NDAQ): A comparison of their payout ratio against the Financial Services industry group benchmark.

Dividend Metrics

Dividend metrics for Blackstone (BX) and Nasdaq (NDAQ)
MetricBXNDAQ
Dividend Yield (TTM)4.22%1.09%
Dividend Payout Ratio (TTM)111.19%31.69%

Valuation

P/E Ratio (TTM)

Both Blackstone (BX) at 26.61 and Nasdaq (NDAQ) at 29.27 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

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

NDAQ

Financial Services industry group

29.27

Max
45.85
NDAQ
29.27
Q3
24.64
Median
15.37
Q1
9.68
Min
0.16
Loading chart…
Blackstone (BX) vs. Nasdaq (NDAQ): A comparison of their P/E ratio against the Financial Services industry group benchmark.

P/S Ratio (TTM)

Investors are paying well above the peer range per dollar of sales for both Blackstone (BX) at 9.61 and Nasdaq (NDAQ) at 10.36 — each P/S ratio clears its industry’s benchmark range.

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

NDAQ

Financial Services industry group

10.36

NDAQ
10.36
Max
9.23
Q3
4.57
Median
2.72
Q1
1.28
Min
-0.55
Loading chart…
Blackstone (BX) vs. Nasdaq (NDAQ): A comparison of their P/S ratio against the Financial Services industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Nasdaq (NDAQ) at 4.99 sits in the upper P/B ratio quartile, and Blackstone (BX) at 10.81 prices even higher, above its industry range.

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

NDAQ

Financial Services industry group

4.99

Max
7.79
NDAQ
4.99
Q3
3.63
Median
1.57
Q1
0.81
Min
-0.39
Loading chart…
Blackstone (BX) vs. Nasdaq (NDAQ): A comparison of their P/B ratio against the Financial Services industry group benchmark.

Valuation Metrics

Valuation metrics for Blackstone (BX) and Nasdaq (NDAQ)
MetricBXNDAQ
P/E Ratio (TTM)26.6129.27
P/S Ratio (TTM)9.6110.36
P/B Ratio (MRQ)10.814.99
Free Cash Flow Yield (TTM)----