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Side-by-side financial comparison of Blackstone Inc. (BX) and Roper Technologies (ROP). Click either name above to swap in a different company.

Blackstone Inc. is the larger business by last-quarter revenue ($3.3B vs $2.1B, roughly 1.6× Roper Technologies). Blackstone Inc. runs the higher net margin — 36.7% vs 15.8%, a 20.9% gap on every dollar of revenue. On growth, Roper Technologies posted the faster year-over-year revenue change (11.3% vs -9.1%). Over the past eight quarters, Roper Technologies's revenue compounded faster (10.5% CAGR vs 8.5%).

Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe.

BX vs ROP — Head-to-Head

Bigger by revenue
BX
BX
1.6× larger
BX
$3.3B
$2.1B
ROP
Growing faster (revenue YoY)
ROP
ROP
+20.4% gap
ROP
11.3%
-9.1%
BX
Higher net margin
BX
BX
20.9% more per $
BX
36.7%
15.8%
ROP
Faster 2-yr revenue CAGR
ROP
ROP
Annualised
ROP
10.5%
8.5%
BX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BX
BX
ROP
ROP
Revenue
$3.3B
$2.1B
Net Profit
$1.2B
$331.0M
Gross Margin
69.4%
Operating Margin
27.2%
Net Margin
36.7%
15.8%
Revenue YoY
-9.1%
11.3%
Net Profit YoY
-3.9%
53.7%
EPS (diluted)
$0.80
$4.87

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BX
BX
ROP
ROP
Q1 26
$3.3B
$2.1B
Q4 25
$4.4B
$2.1B
Q3 25
$3.1B
$2.0B
Q2 25
$3.7B
$1.9B
Q1 25
$3.3B
$1.9B
Q4 24
$3.1B
$1.9B
Q3 24
$3.7B
$1.8B
Q2 24
$2.8B
$1.7B
Net Profit
BX
BX
ROP
ROP
Q1 26
$1.2B
$331.0M
Q4 25
$1.0B
$428.4M
Q3 25
$624.9M
$398.5M
Q2 25
$764.2M
$378.3M
Q1 25
$614.9M
$331.1M
Q4 24
$703.9M
$462.3M
Q3 24
$780.8M
$367.9M
Q2 24
$444.4M
$337.1M
Gross Margin
BX
BX
ROP
ROP
Q1 26
69.4%
Q4 25
69.5%
Q3 25
69.5%
Q2 25
69.2%
Q1 25
68.7%
Q4 24
68.3%
Q3 24
69.2%
Q2 24
69.5%
Operating Margin
BX
BX
ROP
ROP
Q1 26
27.2%
Q4 25
54.1%
28.6%
Q3 25
46.8%
28.4%
Q2 25
51.6%
28.2%
Q1 25
44.2%
27.9%
Q4 24
50.6%
28.0%
Q3 24
49.4%
28.1%
Q2 24
43.2%
28.8%
Net Margin
BX
BX
ROP
ROP
Q1 26
36.7%
15.8%
Q4 25
23.3%
20.8%
Q3 25
20.2%
19.8%
Q2 25
20.6%
19.5%
Q1 25
18.7%
17.6%
Q4 24
22.8%
24.6%
Q3 24
21.3%
20.8%
Q2 24
15.9%
19.6%
EPS (diluted)
BX
BX
ROP
ROP
Q1 26
$0.80
$4.87
Q4 25
$1.29
$3.97
Q3 25
$0.80
$3.68
Q2 25
$0.98
$3.49
Q1 25
$0.80
$3.06
Q4 24
$0.91
$4.29
Q3 24
$1.02
$3.40
Q2 24
$0.58
$3.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BX
BX
ROP
ROP
Cash + ST InvestmentsLiquidity on hand
$2.4B
$382.9M
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$18.5B
$18.8B
Total Assets
$45.3B
$34.6B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BX
BX
ROP
ROP
Q1 26
$2.4B
$382.9M
Q4 25
$2.6B
$297.4M
Q3 25
$2.4B
$320.0M
Q2 25
$2.2B
$242.4M
Q1 25
$2.4B
$372.8M
Q4 24
$2.0B
$188.2M
Q3 24
$2.4B
$269.6M
Q2 24
$2.4B
$251.5M
Total Debt
BX
BX
ROP
ROP
Q1 26
$9.7B
Q4 25
$12.6B
$9.3B
Q3 25
$12.1B
Q2 25
$12.1B
Q1 25
$12.6B
Q4 24
$11.5B
$7.6B
Q3 24
$10.9B
Q2 24
$10.8B
Stockholders' Equity
BX
BX
ROP
ROP
Q1 26
$18.5B
$18.8B
Q4 25
$8.7B
$19.9B
Q3 25
$8.4B
$20.0B
Q2 25
$8.4B
$19.6B
Q1 25
$8.0B
$19.2B
Q4 24
$8.2B
$18.9B
Q3 24
$7.0B
$18.5B
Q2 24
$6.8B
$18.1B
Total Assets
BX
BX
ROP
ROP
Q1 26
$45.3B
$34.6B
Q4 25
$47.7B
$34.6B
Q3 25
$46.6B
$34.6B
Q2 25
$45.4B
$33.2B
Q1 25
$45.3B
$31.4B
Q4 24
$43.5B
$31.3B
Q3 24
$42.6B
$31.6B
Q2 24
$40.6B
$29.8B
Debt / Equity
BX
BX
ROP
ROP
Q1 26
0.52×
Q4 25
1.45×
0.47×
Q3 25
1.44×
Q2 25
1.45×
Q1 25
1.58×
Q4 24
1.40×
0.40×
Q3 24
1.55×
Q2 24
1.58×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BX
BX
ROP
ROP
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$507.0M
FCF MarginFCF / Revenue
24.2%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BX
BX
ROP
ROP
Q1 26
Q4 25
$1.1B
$738.0M
Q3 25
$1.6B
$869.5M
Q2 25
$888.5M
$404.1M
Q1 25
$1.1B
$528.7M
Q4 24
$161.4M
$722.2M
Q3 24
$1.2B
$755.4M
Q2 24
$1.2B
$384.1M
Free Cash Flow
BX
BX
ROP
ROP
Q1 26
$507.0M
Q4 25
$1.0B
Q3 25
$1.6B
Q2 25
$848.4M
Q1 25
$1.1B
Q4 24
$149.5M
Q3 24
$1.2B
Q2 24
$1.1B
FCF Margin
BX
BX
ROP
ROP
Q1 26
24.2%
Q4 25
24.0%
Q3 25
51.0%
Q2 25
22.9%
Q1 25
32.8%
Q4 24
4.9%
Q3 24
32.8%
Q2 24
41.0%
Capex Intensity
BX
BX
ROP
ROP
Q1 26
0.5%
Q4 25
0.5%
Q3 25
0.8%
Q2 25
1.1%
Q1 25
0.9%
Q4 24
0.4%
Q3 24
0.5%
Q2 24
0.4%
Cash Conversion
BX
BX
ROP
ROP
Q1 26
Q4 25
1.05×
1.72×
Q3 25
2.56×
2.18×
Q2 25
1.16×
1.07×
Q1 25
1.80×
1.60×
Q4 24
0.23×
1.56×
Q3 24
1.56×
2.05×
Q2 24
2.61×
1.14×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BX
BX

Management and Advisory Fees, Net$1.9B58%
Realized$562.0M17%
Other$368.1M11%
Unrealized$263.2M8%
Incentive Fees$191.8M6%

ROP
ROP

Segment breakdown not available.

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