Investor Presentaiton slide image

Investor Presentaiton

RECONCILIATION OF GAAP TO NON-GAAP MEASURES ($ in thousands) 3Q'21 4Q'21 Net Income (Loss) Attributable to Blackstone Inc. Net Income (Loss) Attributable to Non-Controlling Interests in Blackstone Holdings Net Income (Loss) Attributable to Non-Controlling Interests in Consolidated Entities Net Income Attributable to Redeemable Non-Controlling Interests in Consolidated Entities Net Income (Loss) 1,315,641 1,218,934 QTD 1Q'22 $1,401,895 $1,398,478 $1,216,874 $ 1,059,313 YTD LTM 2Q'22 3Q'22 3Q'21 3Q'22 3Q'21 3Q'22 (29,393) $ 2,296 (35,521) 37,724 $ 4,458,919 $1,189,777 3,667,618 1,061,516 4,426,728 $ 5,207,789 $ 2,588,255 2,280,450 486,907 320,033 216,375 (216,707) (62,093) 1,305,273 (62,425) 1,613,328 257,608 1,550 2,924 5,052 25,875 25,773 2,816 56,700 945 $3,205,993 $2,940,369 $2,497,614 $ (255,746) $ 3,700 Provision for Taxes Income (Loss) Before Provision for Taxes 458,904 $3,664,897 Transaction-Related Charges (a) 59,193 Amortization of Intangibles (b) 17,044 437,694 $3,378,063 21,424 17,044 483,281 36,514 94,231 $2,980,895 $ (219,232) $ 97,931 25,333 25,141 9,247 17,044 17,044 13,238 $ 9,434,626 $2,245,568 746,707 614,026 $10,181,333 $2,859,594 59,721 47,326 59,624 $11,248,790 $ 5,185,937 1,013,049 1,051,720 $12,261,839 $ 6,237,657 Impact of Consolidation (c) (488,457) (322,957) (221,427) 190,832 Unrealized Performance Revenues (d) (2,724,366) Unrealized Performance Allocations Compensation (e) 1,193,853 (789,213) (1,293,050) 3,467,668 384,007 36,320 771,637 472,284 (1,386,543) (359,590) Unrealized Principal Investment (Income) Loss (f) 2,343 (153,518) (26,758) 203,288 (64,109) 129,254 2,488 (156,867) 156,867 16,238 Other Revenues (g) Equity-Based Compensation (h) Administrative Fee Adjustment (i) Taxes and Related Payables (j) Distributable Earnings Taxes and Related Payables (j) Net Interest and Dividend (Income) Loss (k) Total Segment Distributable Earnings Realized Performance Revenues (l) Realized Performance Compensation (m) Realized Principal Investment Income (n) Fee Related Earnings Adjusted EBITDA Reconciliation Distributable Earnings Interest Expense (o) Taxes and Related Payables (j) Depreciation and Amortization (p) Adjusted EBITDA (377,920) (147,652) $1,635,273 $2,273,327 $1,937,880 $1,808,378 $2,644,468 $2,097,649 $2,343,896 (1,497,477) (1,191,374) (1,312,810) (2,206,774) (469,009) 619,074 (151,010) $ 778,965 $1,826,927 $1,146,864 $1,020,587 $1,179,299 $1,635,273 $2,273,327 $1,937,880 $1,985,825 $1,374,869 $ 3,897,510 $5,298,574 51,773 56,387 66,602 69,425 156,867 377,920 147,652 354,789 80,312 184,130 140,245 381,762 216,339 686,571 12,771 14,542 $1,856,684 $2,722,176 14,316 $2,166,450 15,644 $2,425,683 14,958 $1,654,269 37,645 $ 4,457,162 44,918 $6,246,402 (50,633) (72,819) (155,704) 996,105 (198,546) 122,614 51,212 (1,308,089) (7,886,033) 2,946,255 3,394,041 (1,273,849) (526,249) 1,172,635 192,906 67,747 81,145 64,370 5,725 (1,614,273) (8,483,318) (317,232) 2,157,042 3,672,616 (889,842) (640,676) 1,019,117 (152,252) (427,069) (8,637) (477,702) 164,589 201,545 195,644 2,441 2,485 377,920 (6,779) 147,652 12,117 2,476 (354,789) $1,985,825 354,789 3,282 190,197 2,460 (184,130) $1,374,869 184,130 22,850 $1,581,849 394,948 587,386 462,040 751,975 7,747 (381,762) 7,421 10,293 9,862 (686,571) (558,621) (1,064,491) $ 3,897,510 381,762 40,367 $5,298,574 686,571 38,249 $ 5,361,916 $ 7,571,901 558,621 45,971 1,064,491 31,470 449,301 519,120 (75,468) (157,095) 926,974 (43,509) 206,224 (139,765) $ 4,319,639 (2,691,738) 1,108,269 (512,298) $6,023,394 $ 5,966,508 $ 8,667,862 (3,988,593) 1,652,318 (3,968,367) 1,591,797 (5,179,967) 2,101,619 $ 2,223,872 (340,369) $3,346,750 (616,119) (415,837) $ 2,973,819 $ 5,173,677 $ 5,361,916 $ 7,571,901 185,575 558,621 272,726 1,064,491 47,591 59,460 $ 6,153,703 $ 8,968,578 Notes on pages 26-27. Blackstone | 25
View entire presentation