• Blackstone average return on tangible equity for 2024 was 14.66, a 79.44% increase from 2023.
• Blackstone average return on tangible equity for 2023 was 8.17, a 55.62% increase from 2022.
• Blackstone average return on tangible equity for 2022 was 18.41, a 44.93% decline from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.