Is Blackstone Group a Fortune 500 company?
Blackstone | 2022 Fortune 500 | Fortune.
The term Fortune 500 refers to a list of 500 of the largest companies in the United States compiled by Fortune magazine every year. Companies are ranked by their annual revenues for their respective fiscal years. This list includes both public and private companies using publicly available revenue data.
Key Takeaways. The Fortune 100 consists of the top companies in the more significant annual Fortune 500 list. The same big companies often show in the top 10, even if their rankings shift slightly, year after year, like Amazon and Walmart.
- 1Walmart.
- 2Amazon.
- 3Apple.
- 4CVS Health.
- 5UnitedHealth Group.
- 6Exxon Mobil.
- 7Berkshire Hathaway.
- 8Alphabet.
88% of employees at Blackstone Inc. say it is a great place to work compared to 57% of employees at a typical U.S.-based company.
Imagine BlackRock, which grew into the world's biggest money manager with $5.4 trillion of assets under management, being called “BlackPebble?” BlackRock has far surpassed Blackstone in assets under management.
Unfortunately Deloitte is not ranked in the Fortune 500.
| Company | Country | |
|---|---|---|
| #1 | Apple | United States |
| #2 | Saudi Aramco | Saudi Arabia |
| #3 | Microsoft | United States |
| #4 | Amazon | United States |
...
Our annual ranking of America's largest corporations.
| Profits as % of | |
|---|---|
| Stockholders' equity | 20.7 |
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Company Info.
| CEO | Dennis Nally |
|---|---|
| HQ location | London |
Is McDonald's Fortune 500?
McDonald's | 2022 Fortune 500 | Fortune.
Company Profits
According to the Forbes Global 2000 published Thursday, Saudi state oil company Saudi Aramco is once again the world's most profitable company as oil prices recovered in the second year of the coronavirus pandemic.
RANK93. After a rough 2020, Coca-Cola's business recovered in 2021 as restrictions on public gatherings loosened across the U.S. and globally.
Walmart takes the top spot on the FORTUNE 500 list for the tenth year in a row, with $5.1 trillion cumulative revenue. FORTUNE announces 2022 FORTUNE 500 list, with Walmart taking the top spot for the tenth straight year.
That's an acceptance rate of less than 0.7 per cent. "It's six times harder to get a job as an analyst at Blackstone than getting into Harvard, Yale or Stanford," said the 68-year-old billionaire.
The firm had more than 15,000 applications for 100 analyst positions, co-founder Steve Schwarzman said on Thursday on a conference call with analysts and investors. That's an acceptance rate of less than 0.7 per cent.
On Thursday morning, Blackstone, the world's largest private equity firm with nearly $600 billion in assets under management, eclipsed investment banks Goldman Sachs and Morgan Stanley in market value, making it the second most valuable standalone investment firm on Wall Street to exchange traded fund giant BlackRock.
Chairman, CEO & Co-Founder. Stephen A. Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the world's leading investment firms with $941 billion Assets Under Management (as of June 30, 2022).
His firm, BlackRock, is the world's largest asset manager, with $6trn of assets. It stands for computing power, low fees and scale, and is booming. Mr Schwarzman's firm, Blackstone, is the largest “alternative” manager, focused on private equity and property, with $387bn of assets.
What is the biggest private equity firm in the world?
Private equity firms are typically ranked by their assets under management (AUM) and success in returning gains to investors. The Blackstone Group Inc. had the most AUM out of any private equity firm in 2021.
A Fortune 100 mainstay, Amazon.com is also one of the Big Five, or the five largest and most dominant technology companies in the U.S. During the coronavirus pandemic, Amazon's business soared, as millions of Americans in lockdown became more reliant than ever on the company's delivery services.
RANK41. KPMG doesn't just acknowledge the pandemic's toll on workers, it has deployed a host of tools to help them cope.
- Global Consumer Electronics Manufacturing. 17,430,942.
- Global Commercial Real Estate. 17,164,710.
- Global Fast Food Restaurants. 13,458,146.
- Global HR & Recruitment Services. 11,988,376.
- Global Apparel Manufacturing. 9,675,672.
- Global Hotels & Resorts. ...
- Global Coal Mining. ...
- Global Tourism.
- #1 Walmart Inc. (WMT)
- #2 China Petroleum & Chemical Corp. (SNP)
- #3 Amazon.com Inc. (AMZN)
- #4 PetroChina Co. Ltd. (PTR)
- #5 Apple Inc. (AAPL)
- #6 CVS Health Corp. (CVS)
- #7 Royal Dutch Shell PLC (RDS. A)
- #8 Berkshire Hathaway Inc. (BRK. A)
RANK17. Despite dealing with supply-chain problems and shortages, Home Depot brought in over $150 billion in sales in the 2021 fiscal year, as the company proved a resource for new and old homeowners looking to redecorate and renovate.
...
Our annual ranking of America's largest corporations.
| Rank # of Fortune 500 Companies | |
|---|---|
| New York | 50 |
RANK53. The Disney entertainment kingdom swung back to post-pandemic profitability in 2021.
Deloitte scored higher in 8 areas: Overall Rating, Compensation & Benefits, Work-life balance, Senior Management, Culture & Values, CEO Approval, % Recommend to a friend and Positive Business Outlook. Both tied in 1 area: Career Opportunities.
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Company Info.
| Rank last year | 34 |
|---|---|
| Years on list | 22 |
| HQ location | New York City |
| Employees | 49,466 |
| Job openings (as of February 2020) | 4,842 |
Is Accenture a Fortune 500 company?
In 2021, Accenture was ranked No. 258 on the Fortune Global 500 list. In 2021 and 2022, Fortune named it as the world's most admired Information Technology Services company.
McDonald's is the 2nd largest fast food chain in the world by revenue in 2020 with last year's revenue reaching USD 21.07 billion in 2019.
RANK45. PepsiCo is the second-largest food and beverage company in the world, known for household snacks such as Cheetos and Doritos, as well as beverages like Gatorade, Pepsi, and Mountain Dew.
With a market capitalization of 2.64 trillion U.S. dollars as of April 2021, Apple was the world's largest company in 2022. Rounding out the top five were some of the world's most recognizable brands: Saudi Arabian Oil Company (Saudi Aramco), Microsoft, Google's parent company Alphabet, and Amazon.
They are often great companies to work for.
Many of the Fortune 500 are included on the CNN Money's list of 100 best companies to work for. Each company has its own culture and mission, and being a part of something like these work forces can be rewarding, both mentally and fiscally.
Pfizer's role in responding to COVID-19 has returned it to the forefront of the pharmaceutical industry—and helped it climb 34 spots on the Fortune 500 this year.
Annual sales at the 118-year old automaker though have been already above that mark for three decades. Only 92 other publicly traded companies are in the $100 billion club, and even fewer -- just CVS Health Corp., Walmart Inc.
From 2000 to 2019, the United States had more Fortune 500 companies than any other country. In 2020, the U.S. was surpassed by China, where 124 companies were reported, compared to 121 U.S. companies.
RANK3. Despite facing global setbacks, Apple hit multiple positive milestones in 2021.
Is Johnson and Johnson a Fortune 100 company?
Johnson & Johnson Named a 2022 Fortune World's Most Admired Company and Ranked #1 on the Pharmaceutical Industry List Johnson & Johnson Named a 2022 Fortune World's Most Admired Company and Ranked #1 on the Pharmaceutical Industry List. Did you enjoy reading this story?
Blackstone Inc's trailing 12-month revenue is $17.7 billion with a 22.5% profit margin. Year-over-year quarterly sales growth most recently was -88.1%. Analysts expect adjusted earnings to reach $5.190 per share for the current fiscal year. Blackstone Inc currently has a 5.7% dividend yield.
When Mr Fink was a securities trader in his 30s he joined Blackstone, co-founded by Mr Schwarzman, to set up its bond-investment business. This was named BlackRock, and became a separate company in 1995. As late as 2007 the two firms had similar market values.
Interactive chart of historical net worth (market cap) for Blackstone (BX) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Blackstone net worth as of August 26, 2022 is $69.15B.
Blackstone has $512 billion in assets under management as of the latest report. The firm has been a publicly traded partnership since its IPO in 2007.
Blackstone has received a consensus rating of Buy. The company's average rating score is 2.58, and is based on 7 buy ratings, 5 hold ratings, and no sell ratings.
Using a discounted cash flow analysis forecast, BX is fairly valued and has some downside potential to $126 per share based on its price at the time of research. The company's $2.80 annual dividend yield, which works out to about 2.25 percent, won't compensate for the downdraft in share price should it materialize.
Blackstone Inc (NYSE:BX)
The 12 analysts offering 12-month price forecasts for Blackstone Inc have a median target of 120.50, with a high estimate of 153.00 and a low estimate of 102.00. The median estimate represents a +17.25% increase from the last price of 102.77.
By investing in our people and committing to the long view, Blackstone has created a distinct brand that unlocks potential for growth and expansion across sectors, including new avenues for the firm such as infrastructure and insurance.
Chairman, CEO & Co-Founder. Stephen A. Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the world's leading investment firms with $941 billion Assets Under Management (as of June 30, 2022).
Does Blackstone own Hilton?
Blackstone bought Hilton for $26 billion in an all-cash deal in 2007, making it a private company.
How Blackstone Makes Money. Blackstone makes its money from two main sources: management fees and performance/incentive fees. Over the past few years, the mix has shifted more towards management fees. Across all of its business segments, management fees now rack up at around $5 billion per year.
Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the world's leading investment firms with $941 billion Assets Under Management (as of June 30, 2022). Mr. Schwarzman has been involved in all phases of Blackstone's development since its founding in 1985.
Description. Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services ...
Blackstone chief executive Stephen Schwarzman said he hopes the conversion will “make it significantly easier for both domestic and international investors to own our stock and should drive greater value for all our shareholders over time.”
The REIT owns 42 multifamily properties across 13 states as of March 31, 2022. About Blackstone Real Estate Income Trust, Inc. Blackstone Real Estate Income Trust, Inc. (“BREIT”) is a perpetual-life, institutional quality real estate investment platform that brings private real estate to income focused investors.
