AI English summary of an SEC filing — figures as filed
The company said GAAP Net Income was $109 million for Q4 and $2.4 billion for the year, and GAAP Net Income Attributable to Blackstone Inc. was $152 million for Q4 and $1.4 billion for the year.
Key points
AI summaryThe company said GAAP Net Income was $109 million for Q4 and $2.4 billion for the year, and GAAP Net Income Attributable to Blackstone Inc. was $152 million for Q4 and $1.4 billion for the year.
Blackstone said Fee Related Earnings (FRE) was $1.0 billion ($0.86 per share) and Distributable Earnings (DE) was $1.4 billion ($1.11 per share) for Q4. For the year, it said FRE was $4.3 billion and DE was $5.1 billion.
The company said its total AUM at the end of 2023 was $1,040.2 billion, up 7% from a year earlier, and that inflows were $52.7 billion in Q4 and $148.5 billion for the year.
The company declared a quarterly dividend of $0.94 per share, payable on February 12, 2024. It said it expects to distribute $1.2 billion to shareholders for Q4 through dividends and share repurchases, and $4.7 billion for the year.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.
Q4 and Full-Year GAAP Net Income
The company said GAAP Net Income was $109 million for Q4 and $2.4 billion for the year, and GAAP Net Income Attributable to Blackstone Inc. was $152 million for Q4 and $1.4 billion for the year.
Source · Based on the filing body and exhibits
Q4 FRE and DE
Blackstone said Fee Related Earnings (FRE) was $1.0 billion ($0.86 per share) and Distributable Earnings (DE) was $1.4 billion ($1.11 per share) for Q4. For the year, it said FRE was $4.3 billion and DE was $5.1 billion.
Source · Based on the filing body and exhibits
Total AUM and Inflows
The company said its total AUM at the end of 2023 was $1,040.2 billion, up 7% from a year earlier, and that inflows were $52.7 billion in Q4 and $148.5 billion for the year.
Source · Based on the filing body and exhibits
Dividends and Shareholder Returns
The company declared a quarterly dividend of $0.94 per share, payable on February 12, 2024. It said it expects to distribute $1.2 billion to shareholders for Q4 through dividends and share repurchases, and $4.7 billion for the year.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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