Blackstonevs.KKR
BX vs KKR · both in Asset & alternative managers, part of the Banks, payments & capital markets value chain: The managers that invest other people’s money, from ETFs to private equity and credit.
Blackstone is about 1.8× larger than KKR by market cap; KKR trades at the lower P/E (32.8 vs 52.8); year to date, Blackstone leads (−7.0% vs −15.6%).
Side by side
| BX | KKR | |
|---|---|---|
| Market cap | $186B | $103B |
| Price | $143.20 | $108.50 |
| Today | −0.1% | +0.9% |
| Return YTD | −7.0% | −15.6% |
| Return 1Y | −15.4% | −22.4% |
| P/E | 52.8 | 32.8 |
| P/S | 11.5 | 4.6 |
| P/B | 20.6 | 3.3 |
Data as of 2026-08-27 · updates daily after U.S. close
The two companies
BlackstoneBX
Real estate and private equity are the historic core, with credit and infrastructure added since; no alternative-asset manager is bigger. Capital is locked up for years, and Blackstone takes both a management fee and a share of the gains.
Full BX profile →KKRKKR
A buyout firm that has spent years widening out, into credit, infrastructure and the Global Atlantic insurance business. The insurance side brings capital that does not have to be handed back on a fund schedule.
Full KKR profile →More BX & KKR comparisons
Other head-to-heads in the Asset & alternative managers segment.