Blackstone Group Inc. (BX) epitomizes a saga of strategic mastery and dynamic expansion in the world of investment and finance. Beginning as a boutique investment firm, it has burgeoned into a global behemoth, setting benchmarks in asset management, private equity, and real estate investments.
Blackstone’s odyssey through the stock market, marked by remarkable annual performance shifts, underscores its prowess in capitalizing on market trends and its resilience amidst economic volatilities.
Annual Returns of Blackstone Stock (BX)
| Year | Beginning | Ending | Gain/Loss | S&P 500 |
|---|---|---|---|---|
| 2023 | $76.13 | $130.92 | 71.97% | 24.73% |
| 2022 | $126.63 | $74.19 | -41.41% | -19.95% |
| 2021 | $63.00 | $129.39 | 105.38% | 28.79% |
| 2020 | $55.80 | $64.81 | 16.15% | 15.29% |
| 2019 | $30.07 | $55.94 | 86.03% | 28.71% |
| 2018 | $32.52 | $29.81 | -8.33% | -7.01% |
| 2017 | $28.12 | $32.02 | 13.87% | 18.42% |
| 2016 | $28.95 | $27.03 | -6.63% | 11.24% |
| 2015 | $34.13 | $29.24 | -14.33% | -0.69% |
| 2014 | $31.28 | $33.83 | 8.15% | 12.39% |
| 2013 | $16.19 | $31.50 | 94.56% | 26.39% |
| 2012 | $14.64 | $15.59 | 6.49% | 11.68% |
| 2011 | $14.79 | $14.01 | -5.27% | -1.12% |
| 2010 | $13.71 | $14.15 | 3.21% | 11.00% |
| 2009 | $7.14 | $13.12 | 83.75% | 19.67% |
| 2008 | $21.74 | $6.53 | -69.96% | -37.58% |
| 2007 | $35.06 | $22.13 | -36.88% | 3.65% |
The table above displays the BX Yearly Return Rate, highlighting Blackstone’s annual stock performance on a split-adjusted basis. This data does not include dividends, stock spin-offs, taxes, or transaction commissions.
Blackstone (BX) Stock History
The Turbulent Beginning (2007-2008)
Blackstone Group Inc. (BX) embarked on its journey amid the precursors of the global financial crisis. Launching with an initial stock price that mirrored the optimism of the mid-2000s, Blackstone faced a stark reality check in 2008, with its stock plummeting by a staggering 69.96%, reflecting the broader market’s turmoil and significantly underperforming against the S&P 500’s decline.
This period tested the resilience and strategic foresight of the firm as it navigated through one of the most challenging economic landscapes in recent history.
Recovery and Steady Ascent (2009-2010)
The subsequent years marked a period of recovery and cautious optimism for Blackstone. By 2009, the company began to rebound, showcasing an impressive 83.75% gain as it started to recover from the depths of the financial crisis.
This rebound was significantly higher than the S&P 500’s gain, illustrating Blackstone’s ability to capitalize on post-crisis opportunities. The momentum continued into 2010 with a more modest gain, laying down a foundation for future growth and establishing Blackstone as a notable player in the investment world.
Navigating Through Volatility (2011-2012)
The early 2010s were marked by volatility for Blackstone, as the firm experienced slight losses in 2011 before regaining its footing in 2012 with a modest gain. These years were characterized by Blackstone’s strategic adjustments and expansions amidst a global economy grappling with recovery and uncertainty.
Growth Amid Challenges (2013-2015)
A significant uptick in performance was observed in 2013, with Blackstone’s stock almost doubling, a testament to the firm’s strategic investments and its ability to leverage market conditions. This period of robust growth, however, was followed by years of mixed results, with 2014 witnessing moderate gains and 2015 seeing a downturn, reflecting the complexities of global markets and the cyclical nature of investment returns.
Strategic Consolidation (2016-2017)
In 2016, Blackstone experienced a slight dip, an anomaly in its otherwise stellar growth trajectory, quickly followed by a return to positive territory in 2017. This period underscored Blackstone’s strategic resilience and its ability to adapt to market dynamics, setting the stage for unprecedented growth.
Unprecedented Success (2018-2023)
The most recent years have been transformative for Blackstone, with the firm achieving remarkable success. Despite a setback in 2018, the company’s strategic decisions bore fruit, leading to substantial gains from 2019 onwards, culminating in an extraordinary 71.97% gain in 2023.
This period not only solidified Blackstone’s position as a leading investment firm globally but also highlighted its ability to generate significant returns, outperforming the S&P 500 and showcasing its market acumen and investment prowess.