BLACKSTONE MORTGAGE TRUST, INC. financials
Source: EDGAR filings · Built 2026-06-02T02:32:17Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Debt | 332.35M | 1.41B | 16.15B | 17.29B | 14.52B | 9.69B |
| Return on Equity (ROE) | 3.13% | -5.39% | 5.64% | 5.50% | 9.14% | 3.54% |
| Return on Assets (ROA) | 0.55% | -1.03% | 1.03% | 0.98% | 1.85% | 0.81% |
| Debt-to-Equity | 0.22× | 0.46× | 3.78× | 3.89× | 3.29× | 2.57× |
| Effective Tax Rate | 3.24% | -1.19% | 2.10% | 1.18% | 0.10% | 0.23% |
| Cash Conversion Ratio | 2.52× | -1.80× | 1.86× | 1.60× | 0.91× | 2.44× |
| Accruals Ratio | -0.01× | -0.03× | -0.01× | -0.01× | 0.00× | -0.01× |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 29.89× | — | 14.87× | 14.50× | 11.05× | 28.38× |
| P/B | 0.92× | 0.79× | 0.84× | 0.80× | 1.12× | 1.04× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Income Tax Expense (Benefit) | 3.67M | 2.37M | 5.36M | 3.00M | 423.00K | 323.00K |
| Net Income (Loss) Attributable to Parent | 109.57M | -204.09M | 246.56M | 248.64M | 419.19M | 137.67M |
| Earnings Per Share, Basic | $0.64 | $-1.17 | $1.43 | $1.46 | $2.77 | $0.97 |
| Weighted Average Number of Shares Outstanding, Basic | 170.96M | 173.78M | 172.67M | 170.63M | 151.52M | 141.80M |
| Earnings Per Share, Diluted | $0.64 | $-1.17 | $1.43 | $1.46 | $2.77 | $0.97 |
| Weighted Average Number of Shares Outstanding, Diluted | 170.96M | 173.78M | 172.67M | 170.63M | 151.52M | 141.80M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 452.53M | 323.48M | 350.01M | 291.34M | 551.15M | 289.97M |
| Assets | 20.00B | 19.80B | 24.04B | 25.35B | 22.70B | 16.96B |
| Long-term Debt | — | — | 16.50B | 17.58B | 15.07B | 9.98B |
| Liabilities | 16.50B | 16.01B | 19.65B | 20.81B | 18.08B | 13.05B |
| Stockholders' Equity Attributable to Parent | 3.50B | 3.79B | 4.37B | 4.52B | 4.59B | 3.89B |
| Common Stock, Shares, Outstanding | 168.26M | 172.79M | 173.21M | 171.70M | 168.18M | 146.78M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 275.87M | 366.45M | 458.84M | 396.82M | 382.48M | 336.61M |
| Net Cash Provided by (Used in) Investing Activities | 359.40M | 3.50B | 1.44B | -3.25B | -5.63B | -88.25M |
| Payments for Repurchase of Common Stock | 109.51M | 29.23M | 0 | 0 | — | — |
| Net Cash Provided by (Used in) Financing Activities | -514.42M | -3.88B | -1.85B | 2.61B | 5.51B | -110.77M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Debt | 233.06M | 332.35M | 671.76M | 660.20M | 1.06B | 1.41B |
| Return on Equity (ROE) | -0.18% | 1.13% | 1.77% | 0.19% | -0.01% | 0.98% |
| Return on Assets (ROA) | -0.03% | 0.20% | 0.32% | 0.03% | -0.00% | 0.19% |
| Debt-to-Equity | 0.23× | 0.22× | 0.29× | 0.29× | 0.47× | 0.46× |
| Effective Tax Rate | -22.35% | 1.33% | 2.33% | 11.45% | 195.64% | -1.24% |
| Cash Conversion Ratio | -26.95× | 3.45× | 2.20× | 22.64× | -281.56× | 2.27× |
| Accruals Ratio | -0.01× | -0.00× | -0.00× | -0.01× | -0.01× | -0.00× |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 31.92× | 29.89× | 29.22× | — | — | — |
| P/B | 0.95× | 0.92× | 0.88× | 0.91× | 0.93× | 0.79× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Income Tax Expense (Benefit) | 1.16M | 535.00K | 1.51M | 903.00K | 718.00K | -458.00K |
| Net Income (Loss) Attributable to Parent | -6.30M | 39.56M | 63.40M | 6.97M | -357.00K | 37.19M |
| Earnings Per Share, Basic | $-0.04 | $0.23 | $0.37 | $0.04 | $0.00 | $0.22 |
| Weighted Average Number of Shares Outstanding, Basic | 169.08M | 170.96M | 171.81M | 171.89M | 172.00M | 173.78M |
| Earnings Per Share, Diluted | $-0.04 | $0.23 | $0.37 | $0.04 | $0.00 | $0.22 |
| Weighted Average Number of Shares Outstanding, Diluted | 169.08M | 170.96M | 171.81M | 171.89M | 172.00M | 173.78M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 549.15M | 452.53M | 377.92M | 388.05M | 668.56M | 323.48M |
| Assets | 19.63B | 20.00B | 19.70B | 20.58B | 19.96B | 19.80B |
| Liabilities | 16.21B | 16.50B | 16.10B | 16.96B | 16.27B | 16.01B |
| Stockholders' Equity Attributable to Parent | 3.41B | 3.50B | 3.59B | 3.62B | 3.68B | 3.79B |
| Common Stock, Shares, Outstanding | 168.68M | 168.26M | 170.72M | 171.59M | 171.58M | 172.79M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 169.73M | 136.31M | 139.56M | 157.75M | 100.52M | 84.55M |
| Net Cash Provided by (Used in) Investing Activities | 220.83M | -242.16M | 601.56M | -231.09M | 260.94M | 1.35B |
| Payments for Repurchase of Common Stock | 802.00K | 61.76M | 47.75M | 31.69M | 31.65M | 18.23M |
| Net Cash Provided by (Used in) Financing Activities | -292.86M | 179.74M | -694.16M | 129.20M | -18.14M | -1.42B |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (BXMT CIK 0001061630),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.