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Earnings Per Share and Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2024

Basic and Diluted Net Income Per Common Stock

Basic and diluted net income per share of common stock for the three months ended March 31, 2024 and March 31, 2023 was calculated as follows:

		Three Months Ended
		March 31,
		2024				2023
Net Income for Per Share of Common Stock Calculations
Net Income Attributable to Blackstone Inc., Basic and Diluted		$	847,386			$	85,812
Share/Units Outstanding
Weighted-Average Shares of Common Stock Outstanding, Basic			759,798,537				746,064,922
Weighted-Average Shares of Unvested Deferred Restricted Common Stock			459,107				579,007
Weighted-Average Shares of Common Stock Outstanding, Diluted			760,257,644				746,643,929
Net Income Per Share of Common Stock
Basic		$	1.12			$	0.12
Diluted		$	1.11			$	0.11
Dividends Declared Per Share of Common Stock (a)		$	0.94			$	0.91

(a) Dividends declared reflects the calendar date of the declaration for each distribution.

In computing the dilutive effect that the exchange of Blackstone Holdings Partnership Units would have on Net Income Per Share of Common Stock, Blackstone considered that net income available to holders of shares of common stock would increase due to the elimination of non-controlling interests in Blackstone Holdings, inclusive of any tax impact. The hypothetical conversion may be dilutive to the extent there is activity at the Blackstone Inc. level that has not previously been attributed to the non-controlling interests or if there is a change in tax rate as a result of a hypothetical conversion.

Summary of Anti-Dilutive Securities

The following table summarizes the anti-dilutive securities for the three months ended March 31, 2024 and 2023:

		Three Months Ended March 31,
		2024				2023
Weighted-Average Blackstone Holdings Partnership Units			457,917,611				462,949,870

Schedule of Shares Eligible For Dividends and Distribution

As of March 31, 2024, the total shares of common stock and Blackstone Holdings Partnership Units entitled to participate in dividends and distributions were as follows:

		Shares/Units
Common Stock Outstanding			722,263,433
Unvested Participating Common Stock			36,912,993
Total Participating Common Stock			759,176,426
Participating Blackstone Holdings Partnership Units			457,490,143
			1,216,666,569

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Schedule Of Shares Eligible For Dividends And Distribution Table

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Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

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-Name Accounting Standards Codification
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Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

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-Topic 260
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