| Stage | BX | % of rev | BLK | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $3.1B | 100.00% | $4.8B | 100.00% | BLK ×1.57 |
| Gross profit | $3.1B | 100.00% | $3.3B | 68.05% | BX +31.9pp |
| Operating income | $1.4B | 46.94% | $1.8B | 37.46% | BX +9.5pp |
| Pre-tax income | $1.5B | 49.99% | $2.0B | 41.91% | BX +8.1pp |
| Net income | $1.3B | 41.54% | $1.5B | 31.99% | BX +9.6pp |
| Stage | BX | BLK | Gap · A − B |
|---|---|---|---|
| Revenue | $3.1B100.00% | $4.8B100.00% | BLK ×1.57 |
| Gross profit | 100.00%$3.1B | 68.05%$3.3B | BX +31.9pp |
| Operating income | 46.94%$1.4B | 37.46%$1.8B | BX +9.5pp |
| Pre-tax income | 49.99%$1.5B | 41.91%$2.0B | BX +8.1pp |
| Net income | 41.54%$1.3B | 31.99%$1.5B | BX +9.6pp |
BX · CRBG 10-KFeb 11 '26
“We are able to originate attractive assets from both our deeply experienced internal teams as well as from our two major partners, Blackstone and BlackRock.”
BLK · CRBG 10-KFeb 11 '26
“We are able to originate attractive assets from both our deeply experienced internal teams as well as from our two major partners, Blackstone and BlackRock.”