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Blackstone Mortgage Trust (BXMT) Financials

Blackstone Mortgage Trust logo
$18.86 -0.12 (-0.65%)
Closing price 05/28/2025 03:59 PM Eastern
Extended Trading
$18.84 -0.02 (-0.12%)
As of 07:51 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
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Annual Income Statements for Blackstone Mortgage Trust

Annual Income Statements for Blackstone Mortgage Trust

This table shows Blackstone Mortgage Trust's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders		 -204 247 249 419 138 306 285 218 238 197
Consolidated Net Income / (Loss)		 -202 250 251 422 140 307 286 218 246 212
Net Income / (Loss) Continuing Operations		 -202 250 251 422 140 307 286 218 246 212
Total Pre-Tax Income 		-199 255 254 423 141 307 286 218 247 212
Total Revenue		 1,788 675 628 514 432 424 396 303 314 258
Net Interest Income / (Expense)		 1,769 671 628 514 432 424 396 303 314 258
Total Interest Income		 1,769 2,038 1,339 855 780 883 756 538 498 411
Loans and Leases Interest Income		 1,769 2,038 1,339 - - - - - - -
Total Interest Expense		 0.00 1,367 711 340 347 459 360 235 184 152
Total Non-Interest Income		 499 675 628 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other Service Charges		 1.06 0.00 0.00 - - - - - - -
Net Realized & Unrealized Capital Gains on Investments		 5.35 4.62 0.00 0.00 - - - - - -
Other Non-Interest Income		 13 0.00 0.00 - - - - - - -
Total Non-Interest Expense		 1,985 420 374 92 291 117 110 85 70 58
Other Operating Expenses		 1,446 170 162 132 124 117 110 85 84 80
Other Special Charges		 539 250 212 -40 168 0.00 - - -13 -22
Nonoperating Income / (Expense), net		 -2.75 - - - - - - - 3.19 12
Income Tax Expense		 2.37 5.36 3.00 0.42 0.32 -0.51 0.31 0.31 0.20 0.50
Net Income / (Loss) Attributable to Noncontrolling Interest		 2.26 3.34 2.42 3.08 2.74 1.83 0.74 0.34 8.14 15
Basic Earnings per Share		 ($1.17) $1.43 $1.46 $2.77 $0.97 $2.35 $2.50 $2.27 $2.53 $2.41
Weighted Average Basic Shares Outstanding		 173.78M 172.67M 170.63M 151.52M 141.80M 130.09M 113.86M 95.96M 94.17M 81.74M
Diluted Earnings per Share		 ($1.17) $1.43 $1.46 $2.77 $0.97 $2.35 $2.50 $2.27 $2.53 $2.41
Weighted Average Diluted Shares Outstanding		 173.78M 172.67M 170.63M 151.52M 141.80M 130.09M 113.86M 95.96M 94.17M 81.74M
Weighted Average Basic & Diluted Shares Outstanding		 171.59M 173.67M 172.28M 168.61M 141.80M 130.09M 113.86M 95.96M 94.17M 81.74M
Cash Dividends to Common per Share		 $2.18 $2.48 $2.48 $2.48 $2.48 $2.48 $2.48 $2.48 $2.48 $2.28

Quarterly Income Statements for Blackstone Mortgage Trust

This table shows Blackstone Mortgage Trust's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 -0.36 37 -56 -61 -124 -2.38 30 102 118 -48 103
Consolidated Net Income / (Loss)		 -0.35 37 -56 -60 -123 -1.72 31 102 119 -47 104
Net Income / (Loss) Continuing Operations		 -0.35 37 -56 -60 -123 -1.72 31 102 119 -47 104
Total Pre-Tax Income 		0.37 37 -55 -59 -122 -1.02 32 104 120 -46 105
Total Revenue		 369 1,083 434 127 145 -200 524 177 174 191 156
Net Interest Income / (Expense)		 332 1,070 430 127 142 -200 519 177 174 191 156
Total Interest Income		 332 387 430 466 486 505 519 522 491 462 359
Loans and Leases Interest Income		 332 - 430 466 - - 519 522 - - -
Total Interest Expense		 0.00 -683 0.00 339 344 705 0.00 345 317 271 202
Total Non-Interest Income		 127 384 112 0.00 2.96 505 170 0.00 0.00 628 0.00
Other Service Charges		 0.09 - - - - - - - - - -
Net Realized & Unrealized Capital Gains on Investments		 0.00 - 2.39 - 2.96 - 4.54 - 0.00 - 0.00
Other Non-Interest Income		 37 - 1.21 - - - 0.00 - - - -
Total Non-Interest Expense		 368 1,043 489 186 268 -199 492 74 54 237 51
Other Operating Expenses		 318 1,025 356 32 33 -314 395 46 44 48 39
Other Special Charges		 50 18 132 153 235 115 97 28 9.82 189 12
Nonoperating Income / (Expense), net		 -0.87 - - - - - - - - - -
Income Tax Expense		 0.72 -0.46 0.61 1.22 1.00 0.70 1.57 1.20 1.89 0.94 1.17
Net Income / (Loss) Attributable to Noncontrolling Interest		 0.01 0.19 0.54 0.86 0.67 0.66 1.04 0.85 0.80 0.55 0.67
Basic Earnings per Share		 $0.00 $0.21 ($0.32) ($0.35) ($0.71) ($0.01) $0.17 $0.59 $0.68 ($0.28) $0.60
Weighted Average Basic Shares Outstanding		 172.00M 173.78M 173.64M 173.97M 174.04M 172.67M 172.65M 172.62M 172.60M 170.63M 170.97M
Diluted Earnings per Share		 $0.00 $0.21 ($0.32) ($0.35) ($0.71) $0.01 $0.17 $0.58 $0.67 ($0.25) $0.59
Weighted Average Diluted Shares Outstanding		 172.00M 173.78M 173.64M 173.97M 174.04M 172.67M 172.65M 180.89M 180.87M 170.63M 185.32M
Weighted Average Basic & Diluted Shares Outstanding		 171.58M 171.59M 172.99M 173.62M 173.58M 173.67M 172.30M 172.31M 172.29M 172.28M 170.90M

Annual Cash Flow Statements for Blackstone Mortgage Trust

This table details how cash moves in and out of Blackstone Mortgage Trust's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents		 -19 55 -249 263 138 45 -3.95 21 -29 42
Net Cash From Operating Activities		 366 459 397 382 337 304 290 227 237 171
Net Cash From Continuing Operating Activities		 366 459 397 382 337 304 290 227 237 171
Net Income / (Loss) Continuing Operations		 -202 250 251 422 140 307 286 218 246 212
Consolidated Net Income / (Loss)		 -202 250 251 422 140 307 286 218 246 212
Depreciation Expense		 9.41 0.00 0.00 - - - - - - -
Amortization Expense		 -21 -24 -32 -28 -19 -26 -19 -16 -21 -15
Non-Cash Adjustments to Reconcile Net Income		 0.65 -2.26 225 25 51 30 28 24 15 -8.04
Changes in Operating Assets and Liabilities, net		 579 235 -47 -37 165 -8.10 -4.97 1.85 -4.05 -17
Net Cash From Investing Activities		 3,497 1,444 -3,254 -5,627 -88 -1,871 -4,252 -781 434 -4,823
Net Cash From Continuing Investing Activities		 3,497 1,444 -3,254 -5,627 -88 -1,871 -4,252 -781 434 -4,823
Purchase of Property, Leasehold Improvements and Equipment		 -0.59 0.00 0.00 - - - - - - -
Purchase of Investment Securities		 -1,705 -1,930 -7,050 -12,660 -2,243 -6,950 -8,025 -3,639 -3,167 -7,204
Sale and/or Maturity of Investments		 4,881 3,356 3,722 6,872 1,828 5,050 3,261 2,858 3,601 2,637
Other Investing Activities, net		 322 18 75 161 326 29 512 0.00 0.00 -238
Net Cash From Financing Activities		 -3,883 -1,848 2,607 5,508 -111 1,613 3,958 575 -700 4,694
Net Cash From Continuing Financing Activities		 -3,883 -1,848 2,607 5,508 -111 1,613 3,958 575 -700 4,694
Issuance of Debt		 2,754 2,030 7,401 14,250 5,097 7,339 9,498 5,599 3,240 6,885
Issuance of Common Equity		 0.00 0.00 71 638 278 372 476 392 0.03 1,030
Repayment of Debt		 -6,158 -3,418 -4,389 -8,975 -5,083 -5,748 -5,718 -5,160 -3,671 -3,030
Repurchase of Common Equity		 -29 0.00 0.00 - - - - - - -
Payment of Dividends		 -404 -427 -421 -371 -349 -321 -277 -235 -233 -167
Other Financing Activities, Net		 -46 -32 -54 -34 -54 -30 -22 -21 -36 -42
Cash Interest Paid		 1,261 1,293 608 288 312 426 319 207 165 127
Cash Income Taxes Paid		 4.48 6.67 0.68 -0.07 0.23 -0.11 0.55 0.30 0.29 0.13

Quarterly Cash Flow Statements for Blackstone Mortgage Trust

This table details how cash moves in and out of Blackstone Mortgage Trust's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 343 7.40 -53 -40 67 -74 -60 -35 223 12 -5.20
Net Cash From Operating Activities		 101 85 87 100 95 111 112 126 110 130 83
Net Cash From Continuing Operating Activities		 101 85 87 100 95 111 112 126 110 130 83
Net Income / (Loss) Continuing Operations		 -0.35 37 -56 -60 -123 -1.72 31 102 119 -47 104
Consolidated Net Income / (Loss)		 -0.35 37 -56 -60 -123 -1.72 31 102 119 -47 104
Depreciation Expense		 16 8.19 1.03 - - - - - - - -
Amortization Expense		 -1.28 -2.80 -6.18 -6.32 -5.88 -6.45 -3.62 -7.15 -6.94 -7.90 -7.15
Non-Cash Adjustments to Reconcile Net Income		 2.22 4.83 -2.26 -0.32 -1.59 1.33 -0.92 -1.36 -1.31 211 1.61
Changes in Operating Assets and Liabilities, net		 84 37 150 167 225 118 86 32 -0.69 -26 -15
Net Cash From Investing Activities		 261 1,347 1,286 488 376 256 447 584 157 -53 204
Net Cash From Continuing Investing Activities		 261 1,347 1,286 488 376 256 447 584 157 -53 204
Purchase of Property, Leasehold Improvements and Equipment		 -4.26 - - - - - - - - - -
Purchase of Investment Securities		 -1,852 -398 -540 -449 -319 -410 -479 -592 -449 -783 -677
Sale and/or Maturity of Investments		 2,035 1,688 1,573 1,045 574 992 590 1,340 434 711 825
Other Investing Activities, net		 83 57 253 -109 120 -327 337 -165 173 19 56
Net Cash From Financing Activities		 -18 -1,424 -1,426 -628 -404 -440 -619 -745 -44 -64 -293
Net Cash From Continuing Financing Activities		 -18 -1,424 -1,426 -628 -404 -440 -619 -745 -44 -64 -293
Issuance of Debt		 2,065 1,540 434 190 590 265 261 477 1,026 856 714
Repayment of Debt		 -1,948 -2,843 -1,733 -704 -878 -591 -766 -1,107 -955 -806 -912
Repurchase of Common Equity		 -32 -18 - - - - - - - - -
Payment of Dividends		 -81 -81 -108 -108 -107 -107 -107 -107 -106 -106 -106
Other Financing Activities, Net		 -22 -22 -9.22 -6.01 -8.94 -8.05 -7.92 -8.20 -8.00 -8.90 -7.83
Cash Interest Paid		 245 268 326 324 344 311 343 321 318 234 186
Cash Income Taxes Paid		 0.78 -0.17 2.63 0.86 1.16 1.44 0.94 3.39 0.90 -0.05 0.32

Annual Balance Sheets for Blackstone Mortgage Trust

This table presents Blackstone Mortgage Trust's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets		 19,802 24,036 25,354 22,703 16,959 16,552 14,467 10,259 8,813 9,377
Cash and Due from Banks		 323 350 291 551 290 150 106 70 76 96
Trading Account Securities		 4.45 0.00 - - - - - - - 9.44
Loans and Leases, Net of Allowance		 19,048 23,787 25,018 22,003 16,573 0.00 14,191 10,057 8,693 9,077
Loans and Leases		 19,048 23,787 25,018 22,003 16,573 - 14,191 10,057 8,693 9,077
Other Assets		 427 -101 45 149 96 16,402 171 100 44 184
Total Liabilities & Shareholders' Equity		 19,802 24,036 25,354 22,703 16,959 16,552 14,467 10,259 8,813 9,377
Total Liabilities		 16,008 19,649 20,810 18,085 13,055 12,767 11,093 7,341 6,319 6,871
Long-Term Debt		 15,725 19,286 20,383 17,853 12,852 12,268 10,965 7,201 6,231 6,777
Other Long-Term Liabilities		 283 363 427 231 202 324 128 141 88 94
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 3,794 4,388 4,544 4,619 3,904 3,785 3,375 2,917 2,494 2,506
Total Preferred & Common Equity		 3,787 4,368 4,519 4,588 3,886 3,763 3,364 2,911 2,494 2,493
Total Common Equity		 3,787 4,368 4,519 4,588 3,886 3,763 3,364 2,911 2,494 2,493
Common Stock		 5,513 5,509 5,478 5,375 4,704 4,371 3,968 3,508 3,091 3,071
Retained Earnings		 -1,734 -1,151 -969 -795 -829 -593 -569 -567 -541 -546
Accumulated Other Comprehensive Income / (Loss)		 8.27 9.45 10 8.31 11 -16 -34 -30 -56 -33
Noncontrolling Interest		 6.88 20 25 31 18 22 10 6.34 0.00 13

Quarterly Balance Sheets for Blackstone Mortgage Trust

This table presents Blackstone Mortgage Trust's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 19,957 21,443 22,637 23,266 24,043 24,863 25,386 24,799
Cash and Due from Banks		 669 322 374 414 421 483 516 272
Trading Account Securities		 29 - - - - - - -
Loans and Leases, Net of Allowance		 19,050 21,603 22,871 23,189 23,716 24,483 0.00 24,423
Loans and Leases		 19,050 21,603 22,871 23,189 23,716 24,483 - 24,423
Other Assets		 210 -481 -608 -337 -94 -103 24,870 104
Total Liabilities & Shareholders' Equity		 19,957 21,443 22,637 23,266 24,043 24,863 25,386 24,799
Total Liabilities		 16,269 17,583 18,632 19,101 19,550 20,296 20,825 20,115
Long-Term Debt		 15,927 17,236 18,375 18,843 19,272 20,002 20,542 19,905
Other Long-Term Liabilities		 341 346 257 258 278 - 283 -
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 3,689 3,860 4,005 4,165 4,494 4,566 4,561 4,684
Total Preferred & Common Equity		 3,682 3,845 3,985 4,145 4,471 4,541 4,535 4,658
Total Common Equity		 3,682 3,845 3,985 4,145 4,471 4,541 4,535 4,658
Common Stock		 5,488 5,523 5,526 5,518 5,501 5,493 5,485 5,469
Retained Earnings		 -1,815 -1,690 -1,552 -1,383 -1,041 -963 -958 -815
Accumulated Other Comprehensive Income / (Loss)		 8.59 11 10 9.87 11 11 7.83 3.83
Noncontrolling Interest		 6.75 16 20 20 23 26 25 26

Annual Metrics And Ratios for Blackstone Mortgage Trust

This table displays calculated financial ratios and metrics derived from Blackstone Mortgage Trust's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 164.85% 7.52% 22.08% 19.04% 1.89% 6.98% 30.83% -3.40% 21.49% 123.33%
EBITDA Growth		 -190.21% 3.94% -43.68% 225.48% -56.86% 5.18% 32.40% -9.24% 20.08% 158.34%
EBIT Growth		 -177.06% 0.47% -39.90% 200.34% -54.14% 7.26% 31.08% -10.34% 21.37% 145.85%
NOPAT Growth		 -155.10% -0.46% -40.55% 200.73% -54.32% 7.55% 31.13% -10.40% 21.56% 146.53%
Net Income Growth		 -180.77% -0.46% -40.55% 200.73% -54.32% 7.55% 31.13% -11.55% 16.31% 110.84%
EPS Growth		 -181.82% -2.05% -47.29% 185.57% -58.72% -6.00% 10.13% -10.28% 4.98% 29.57%
Operating Cash Flow Growth		 -20.14% 15.63% 3.75% 13.63% 10.71% 4.84% 27.50% -3.88% 38.07% 112.55%
Free Cash Flow Firm Growth		 167.20% 168.21% 58.36% -838.80% 59.90% 64.28% -234.86% -246.66% 117.53% -78.51%
Invested Capital Growth		 -17.55% -5.03% 10.93% 34.11% 4.39% 11.95% 41.72% 15.97% -6.01% 105.75%
Revenue Q/Q Growth		 253.68% -36.68% 2.81% 14.33% -0.06% 1.81% 5.87% 2.83% -3.17% 21.52%
EBITDA Q/Q Growth		 20.50% 25.18% -42.54% 25.77% -25.47% 0.40% 6.26% 3.36% -3.15% 18.30%
EBIT Q/Q Growth		 17.14% 21.42% -40.23% 27.49% -24.58% 1.90% 5.82% 2.76% -2.88% 17.06%
NOPAT Q/Q Growth		 17.14% 22.13% -40.64% 10.59% 3.57% 1.88% 5.83% 2.22% -2.83% 17.15%
Net Income Q/Q Growth		 16.23% 22.13% -40.64% 10.59% 3.57% 1.88% 5.83% 2.22% -4.72% 23.46%
EPS Q/Q Growth		 14.60% 22.22% -41.37% 6.13% 4.30% -1.26% 0.81% 1.34% -6.30% 46.95%
Operating Cash Flow Q/Q Growth		 -6.77% -3.99% 0.70% 15.79% -0.04% 2.76% 5.97% 0.81% -6.96% 34.12%
Free Cash Flow Firm Q/Q Growth		 60.52% 46.17% 39.11% -52.99% 65.34% 40.04% -67.40% -10.76% -50.11% 21.15%
Invested Capital Q/Q Growth		 -7.48% -0.39% 1.37% 9.37% 0.31% 7.43% 16.62% 4.58% 3.86% -4.86%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 -11.66% 34.22% 35.40% 76.74% 28.07% 66.28% 67.42% 66.62% 70.91% 71.74%
EBIT Margin		 -11.00% 37.80% 40.45% 82.16% 32.56% 72.35% 72.16% 72.03% 77.60% 77.68%
Profit (Net Income) Margin		 -11.29% 37.01% 39.97% 82.08% 32.49% 72.47% 72.09% 71.93% 78.56% 82.06%
Tax Burden Percent		 101.19% 97.90% 98.82% 99.90% 99.77% 100.16% 99.89% 99.86% 99.92% 99.76%
Interest Burden Percent		 101.40% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 101.31% 105.88%
Effective Tax Rate		 0.00% 2.10% 1.18% 0.10% 0.23% -0.16% 0.11% 0.14% 0.08% 0.24%
Return on Invested Capital (ROIC)		 -0.64% 1.03% 1.06% 2.15% 0.86% 2.02% 2.34% 2.31% 2.70% 2.90%
ROIC Less NNEP Spread (ROIC-NNEP)		 -1.00% 1.03% 1.06% 2.15% 0.86% 2.02% 2.34% 2.31% 2.75% 3.14%
Return on Net Nonoperating Assets (RNNOA)		 -4.30% 4.57% 4.42% 7.76% 2.80% 6.56% 6.75% 5.74% 7.16% 7.68%
Return on Equity (ROE)		 -4.93% 5.60% 5.48% 9.91% 3.65% 8.59% 9.08% 8.06% 9.86% 10.58%
Cash Return on Invested Capital (CROIC)		 18.60% 6.19% -9.30% -26.99% -3.44% -9.25% -32.18% -12.47% 8.90% -66.27%
Operating Return on Assets (OROA)		 -0.90% 1.03% 1.06% 2.13% 0.84% 1.98% 2.31% 2.29% 2.68% 2.88%
Return on Assets (ROA)		 -0.92% 1.01% 1.04% 2.13% 0.84% 1.98% 2.31% 2.29% 2.71% 3.04%
Return on Common Equity (ROCE)		 -4.92% 5.57% 5.45% 9.85% 3.63% 8.55% 9.06% 8.05% 9.83% 10.45%
Return on Equity Simple (ROE_SIMPLE)		 -5.33% 5.72% 5.56% 9.20% 3.61% 8.17% 8.50% 7.49% 9.88% 8.50%
Net Operating Profit after Tax (NOPAT)		 -138 250 251 422 140 307 286 218 243 200
NOPAT Margin		 -7.70% 37.01% 39.97% 82.08% 32.49% 72.47% 72.09% 71.93% 77.54% 77.50%
Net Nonoperating Expense Percent (NNEP)		 0.37% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -0.05% -0.24%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 111.00% 62.20% 59.55% 17.84% 67.44% 27.65% 27.84% 27.97% 22.40% 22.32%
Earnings before Interest and Taxes (EBIT)		 -197 255 254 423 141 307 286 218 243 201
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -208 231 222 395 121 281 267 202 222 185
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 0.80 0.75 0.63 0.79 0.72 0.83 0.66 0.57 0.57 0.46
Price to Tangible Book Value (P/TBV)		 0.80 0.75 0.63 0.79 0.72 0.83 0.66 0.57 0.57 0.46
Price to Revenue (P/Rev)		 1.68 4.82 4.53 7.05 6.49 7.39 5.63 5.46 4.51 4.44
Price to Earnings (P/E)		 0.00 13.21 11.45 8.65 20.38 10.26 7.83 7.60 5.94 5.82
Dividend Yield		 12.52% 13.12% 14.89% 10.74% 12.92% 10.62% 13.29% 14.21% 16.45% 18.56%
Earnings Yield		 0.00% 7.57% 8.73% 11.56% 4.91% 9.74% 12.77% 13.15% 16.83% 17.18%
Enterprise Value to Invested Capital (EV/IC)		 0.94 0.94 0.92 0.93 0.92 0.95 0.91 0.87 0.87 0.84
Enterprise Value to Revenue (EV/Rev)		 10.30 32.89 36.56 40.74 35.60 36.01 33.05 28.90 24.13 30.32
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 96.12 103.29 53.09 126.85 54.33 49.02 43.38 34.04 42.27
Enterprise Value to EBIT (EV/EBIT)		 0.00 87.02 90.39 49.58 109.33 49.78 45.79 40.13 31.10 39.03
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 88.89 91.47 49.63 109.58 49.70 45.84 40.19 31.12 39.13
Enterprise Value to Operating Cash Flow (EV/OCF)		 50.27 48.41 57.87 54.80 45.71 50.24 45.18 38.51 31.99 45.68
Enterprise Value to Free Cash Flow (EV/FCFF)		 4.59 14.78 0.00 0.00 0.00 0.00 0.00 0.00 9.45 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 4.14 4.40 4.49 3.87 3.29 3.24 3.25 2.47 2.50 2.70
Long-Term Debt to Equity		 4.14 4.40 4.49 3.87 3.29 3.24 3.25 2.47 2.50 2.70
Financial Leverage		 4.28 4.44 4.17 3.60 3.27 3.25 2.89 2.48 2.60 2.44
Leverage Ratio		 5.36 5.53 5.24 4.65 4.36 4.33 3.93 3.52 3.64 3.48
Compound Leverage Factor		 5.43 5.53 5.24 4.65 4.36 4.33 3.93 3.52 3.69 3.69
Debt to Total Capital		 80.56% 81.47% 81.77% 79.45% 76.70% 76.42% 76.47% 71.17% 71.42% 73.01%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 80.56% 81.47% 81.77% 79.45% 76.70% 76.42% 76.47% 71.17% 71.42% 73.01%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.04% 0.08% 0.10% 0.14% 0.11% 0.14% 0.07% 0.06% 0.00% 0.14%
Common Equity to Total Capital		 19.40% 18.45% 18.13% 20.42% 23.19% 23.44% 23.46% 28.77% 28.58% 26.85%
Debt to EBITDA		 -75.43 83.46 91.68 45.22 105.96 43.63 41.02 35.66 28.01 36.58
Net Debt to EBITDA		 -73.87 81.94 90.37 43.83 103.57 43.10 40.62 35.16 27.67 36.01
Long-Term Debt to EBITDA		 -75.43 83.46 91.68 45.22 105.96 43.63 41.02 35.66 28.01 36.58
Debt to NOPAT		 -114.20 77.18 81.19 42.28 91.53 39.91 38.36 33.04 25.62 33.87
Net Debt to NOPAT		 -111.85 75.78 80.03 40.97 89.47 39.42 37.99 32.56 25.31 33.34
Long-Term Debt to NOPAT		 -114.20 77.18 81.19 42.28 91.53 39.91 38.36 33.04 25.62 33.87
Noncontrolling Interest Sharing Ratio		 0.33% 0.51% 0.61% 0.57% 0.52% 0.46% 0.27% 0.12% 0.26% 1.23%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 4,017 1,503 -2,204 -5,293 -564 -1,406 -3,935 -1,175 801 -4,571
Operating Cash Flow to CapEx		 62,110.68% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 1.10 -3.10 -15.56 -1.62 -3.07 -10.94 -5.00 4.35 -29.99
Operating Cash Flow to Interest Expense		 0.00 0.34 0.56 1.12 0.97 0.66 0.81 0.97 1.28 1.12
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.34 0.56 1.12 0.97 0.66 0.81 0.97 1.28 1.12
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.08 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.04
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 19,519 23,674 24,927 22,472 16,757 16,052 14,339 10,118 8,725 9,283
Invested Capital Turnover		 0.08 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.04
Increase / (Decrease) in Invested Capital		 -4,155 -1,253 2,455 5,715 704 1,713 4,221 1,393 -558 4,771
Enterprise Value (EV)		 18,420 22,213 22,964 20,959 15,386 15,276 13,103 8,759 7,571 7,830
Market Capitalization		 3,012 3,257 2,847 3,626 2,806 3,136 2,233 1,655 1,416 1,145
Book Value per Share		 $21.89 $25.35 $26.44 $29.21 $26.58 $28.02 $28.11 $30.70 $26.55 $26.74
Tangible Book Value per Share		 $21.89 $25.35 $26.44 $29.21 $26.58 $28.02 $28.11 $30.70 $26.55 $26.74
Total Capital		 19,519 23,674 24,927 22,472 16,757 16,052 14,339 10,118 8,725 9,283
Total Debt		 15,725 19,286 20,383 17,853 12,852 12,268 10,965 7,201 6,231 6,777
Total Long-Term Debt		 15,725 19,286 20,383 17,853 12,852 12,268 10,965 7,201 6,231 6,777
Net Debt		 15,401 18,936 20,092 17,302 12,562 12,118 10,859 7,098 6,156 6,671
Capital Expenditures (CapEx)		 0.59 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 64 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -3.18 -12
Net Nonoperating Obligations (NNO)		 15,725 19,286 20,383 17,853 12,852 12,268 10,965 7,201 6,231 6,777
Total Depreciation and Amortization (D&A)		 -12 -24 -32 -28 -19 -26 -19 -16 -21 -15
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($1.17) $1.43 $1.46 $2.77 $0.97 $2.35 $2.50 $2.27 $2.53 $2.41
Adjusted Weighted Average Basic Shares Outstanding		 173.78M 172.67M 170.63M 151.52M 147.04M 135.36M 123.76M 108.19M 94.82M 93.93M
Adjusted Diluted Earnings per Share		 ($1.17) $1.43 $1.46 $2.77 $0.97 $2.35 $2.50 $2.27 $2.53 $2.41
Adjusted Weighted Average Diluted Shares Outstanding		 173.78M 172.67M 170.63M 151.52M 147.04M 135.36M 123.76M 108.19M 94.82M 93.93M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.97 $2.35 $2.50 $2.27 $2.53 $2.41
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 171.59M 173.67M 172.28M 168.61M 141.80M 130.09M 113.86M 95.96M 94.17M 81.74M
Normalized Net Operating Profit after Tax (NOPAT)		 239 494 460 382 308 215 286 218 230 178
Normalized NOPAT Margin		 13.39% 73.22% 73.25% 74.34% 71.19% 50.64% 72.09% 71.93% 73.27% 69.01%
Pre Tax Income Margin		 -11.15% 37.80% 40.45% 82.16% 32.56% 72.35% 72.16% 72.03% 78.62% 82.25%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.19 0.36 1.24 0.41 0.67 0.80 0.93 1.32 1.32
NOPAT to Interest Expense		 0.00 0.18 0.35 1.24 0.40 0.67 0.79 0.93 1.32 1.31
EBIT Less CapEx to Interest Expense		 0.00 0.19 0.36 1.24 0.41 0.67 0.80 0.93 1.32 1.32
NOPAT Less CapEx to Interest Expense		 0.00 0.18 0.35 1.24 0.40 0.67 0.79 0.93 1.32 1.31
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 -200.17% 170.84% 167.84% 87.78% 248.48% 104.41% 97.01% 107.81% 94.46% 78.81%
Augmented Payout Ratio		 -214.66% 170.84% 167.84% 87.78% 248.48% 104.41% 97.01% 107.81% 94.46% 78.81%

Quarterly Metrics And Ratios for Blackstone Mortgage Trust

This table displays calculated financial ratios and metrics derived from Blackstone Mortgage Trust's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 153.99% 640.98% -17.22% -28.52% -16.55% -204.74% 235.43% 20.59% 30.26% 9.86% 33.01%
EBITDA Growth		 112.68% 703.52% -311.80% -167.64% -212.82% 86.16% -70.89% 12.30% 22.89% -148.76% 22.02%
EBIT Growth		 101.02% 4,000.98% -271.91% -156.88% -201.43% 97.79% -69.43% 9.61% 19.96% -136.86% 24.41%
NOPAT Growth		 98.61% 5,351.16% -226.51% -140.28% -172.13% 97.79% -70.59% 9.20% 18.25% -125.82% 23.12%
Net Income Growth		 99.72% 2,278.50% -282.74% -158.74% -203.89% 96.35% -70.59% 9.20% 18.25% -137.63% 23.12%
EPS Growth		 100.00% 2,000.00% -288.24% -160.34% -205.97% 104.00% -71.19% 7.41% 15.52% -132.05% 5.36%
Operating Cash Flow Growth		 6.24% -23.94% -22.25% -20.50% -13.69% -14.63% 34.97% 34.78% 21.66% 2.16% -7.40%
Free Cash Flow Firm Growth		 68.77% 234.63% 207.80% 187.14% 281.75% 150.36% 121.69% 110.14% 83.23% 55.51% -4.84%
Invested Capital Growth		 -14.74% -17.55% -11.23% -8.91% -8.34% -5.03% -3.35% -2.56% 5.13% 10.93% 19.68%
Revenue Q/Q Growth		 -65.90% 149.64% 242.11% -12.78% -5.52% -138.20% 195.41% 1.81% -8.84% 22.35% 6.20%
EBITDA Q/Q Growth		 -63.96% 174.65% 7.55% 49.00% -1,614.66% -126.20% -70.47% -14.94% 310.39% -155.08% 13.92%
EBIT Q/Q Growth		 -96.87% 171.83% 6.36% 51.72% -11,912.59% -103.17% -69.02% -13.91% 361.56% -143.82% 11.08%
NOPAT Q/Q Growth		 -103.18% 196.69% 6.36% 51.72% -11,912.59% -102.33% -70.18% -13.55% 467.78% -131.02% 10.71%
Net Income Q/Q Growth		 -100.94% 166.94% 7.24% 51.12% -7,077.74% -105.62% -70.18% -13.55% 352.30% -145.22% 10.71%
EPS Q/Q Growth		 -100.00% 165.63% 8.57% 50.70% -7,200.00% -94.12% -70.69% -13.43% 368.00% -142.37% 9.26%
Operating Cash Flow Q/Q Growth		 18.89% -2.95% -13.04% 5.89% -13.82% -0.79% -11.09% 14.96% -15.82% 56.86% -11.21%
Free Cash Flow Firm Q/Q Growth		 -19.12% 59.39% 22.43% 6.92% 60.37% 46.62% 14.21% 167.68% 55.56% 36.85% 46.61%
Invested Capital Q/Q Growth		 0.50% -7.48% -5.73% -2.73% -2.81% -0.39% -3.27% -2.13% 0.70% 1.37% -2.48%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 4.40% 4.16% -13.92% -51.52% -88.10% 0.00% 5.44% 54.44% 65.16% -28.23% 62.71%
EBIT Margin		 0.34% 3.66% -12.74% -46.53% -84.05% 0.00% 6.13% 58.47% 69.15% -24.10% 67.29%
Profit (Net Income) Margin		 -0.10% 3.45% -12.88% -47.49% -84.74% 0.00% 5.83% 57.80% 68.06% -24.59% 66.54%
Tax Burden Percent		 -95.64% 101.24% 101.11% 102.06% 100.82% 168.73% 95.12% 98.84% 98.43% 102.04% 98.88%
Interest Burden Percent		 29.57% 93.07% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 195.64% -1.24% 0.00% 0.00% 0.00% 0.00% 4.88% 1.16% 1.57% 0.00% 1.12%
Return on Invested Capital (ROIC)		 -0.03% 0.29% -0.20% -0.83% -1.58% 0.00% 0.26% 1.62% 1.86% -0.45% 1.80%
ROIC Less NNEP Spread (ROIC-NNEP)		 -0.03% 0.29% -0.30% -0.93% -1.77% 0.00% 0.26% 1.62% 1.86% -0.52% 1.80%
Return on Net Nonoperating Assets (RNNOA)		 -0.11% 1.22% -1.29% -4.14% -8.00% 0.00% 1.10% 7.13% 8.00% -2.19% 7.28%
Return on Equity (ROE)		 -0.14% 1.51% -1.49% -4.97% -9.58% 0.00% 1.36% 8.75% 9.86% -2.63% 9.08%
Cash Return on Invested Capital (CROIC)		 15.66% 18.60% 11.16% 8.88% 8.74% 6.19% 4.25% 3.71% -3.90% -9.30% -16.04%
Operating Return on Assets (OROA)		 0.03% 0.30% -0.28% -1.17% -2.23% 0.00% 0.27% 1.62% 1.87% -0.63% 1.81%
Return on Assets (ROA)		 -0.01% 0.28% -0.29% -1.19% -2.25% 0.00% 0.25% 1.61% 1.84% -0.64% 1.79%
Return on Common Equity (ROCE)		 -0.14% 1.50% -1.48% -4.94% -9.53% 0.00% 1.35% 8.70% 9.80% -2.62% 9.02%
Return on Equity Simple (ROE_SIMPLE)		 -2.15% 0.00% -6.27% -3.88% 0.20% 0.00% 4.58% 6.12% 5.94% 0.00% 9.08%
Net Operating Profit after Tax (NOPAT)		 -1.19 37 -39 -41 -86 -0.71 31 102 119 -32 104
NOPAT Margin		 -0.32% 3.45% -8.91% -32.57% -58.83% 0.00% 5.83% 57.80% 68.06% -16.87% 66.54%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.09% 0.10% 0.19% 0.01% 0.00% 0.00% 0.00% 0.08% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 99.66% 96.34% 112.74% 146.53% 184.05% 0.00% 93.87% 41.53% 30.85% 124.10% 32.71%
Earnings before Interest and Taxes (EBIT)		 1.24 40 -55 -59 -122 -1.02 32 104 120 -46 105
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 16 45 -60 -65 -128 -7.47 29 97 114 -54 98
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.93 0.80 0.86 0.76 0.80 0.75 0.74 0.70 0.58 0.63 0.69
Price to Tangible Book Value (P/TBV)		 0.93 0.80 0.86 0.76 0.80 0.75 0.74 0.70 0.58 0.63 0.69
Price to Revenue (P/Rev)		 1.71 1.68 6.53 5.07 5.12 4.82 3.12 4.54 3.95 4.53 5.23
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 667.65 13.21 16.53 11.52 9.89 11.45 7.61
Dividend Yield		 10.15% 12.52% 12.26% 14.24% 12.90% 13.12% 12.84% 13.48% 16.20% 14.89% 13.21%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.15% 7.57% 6.05% 8.68% 10.11% 8.73% 13.14%
Enterprise Value to Invested Capital (EV/IC)		 0.95 0.94 0.96 0.94 0.95 0.94 0.93 0.92 0.90 0.92 0.93
Enterprise Value to Revenue (EV/Rev)		 9.29 10.30 40.01 35.32 33.66 32.89 20.82 32.51 33.94 36.56 37.41
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 96.12 120.26 89.41 93.19 103.29 59.07
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 1,721.30 87.02 105.61 80.21 82.78 90.39 53.77
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 2,663.17 88.89 108.50 81.72 84.24 91.47 54.05
Enterprise Value to Operating Cash Flow (EV/OCF)		 50.21 50.27 51.47 50.35 49.03 48.41 46.46 50.61 54.50 57.87 58.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 5.60 4.59 8.08 10.10 10.35 14.78 21.59 24.60 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 4.32 4.14 4.46 4.59 4.52 4.40 4.29 4.38 4.50 4.49 4.25
Long-Term Debt to Equity		 4.32 4.14 4.46 4.59 4.52 4.40 4.29 4.38 4.50 4.49 4.25
Financial Leverage		 4.43 4.28 4.37 4.48 4.51 4.44 4.27 4.39 4.31 4.17 4.04
Leverage Ratio		 5.50 5.36 5.44 5.54 5.58 5.53 5.32 5.45 5.36 5.24 5.08
Compound Leverage Factor		 1.63 4.99 5.44 5.54 5.58 5.53 5.32 5.45 5.36 5.24 5.08
Debt to Total Capital		 81.20% 80.56% 81.70% 82.11% 81.90% 81.47% 81.09% 81.41% 81.83% 81.77% 80.95%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 81.20% 80.56% 81.70% 82.11% 81.90% 81.47% 81.09% 81.41% 81.83% 81.77% 80.95%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.03% 0.04% 0.07% 0.09% 0.09% 0.08% 0.10% 0.10% 0.10% 0.10% 0.10%
Common Equity to Total Capital		 18.77% 19.40% 18.22% 17.80% 18.01% 18.45% 18.81% 18.48% 18.07% 18.13% 18.94%
Debt to EBITDA		 -248.14 -75.43 -65.73 -106.63 -1,801.29 83.46 104.39 78.73 84.37 91.68 51.45
Net Debt to EBITDA		 -237.72 -73.87 -64.50 -104.46 -1,761.72 81.94 102.11 76.83 82.25 90.37 50.74
Long-Term Debt to EBITDA		 -248.14 -75.43 -65.73 -106.63 -1,801.29 83.46 104.39 78.73 84.37 91.68 51.45
Debt to NOPAT		 -295.79 -114.20 -103.72 -174.95 2,306.12 77.18 94.18 71.96 76.26 81.19 47.07
Net Debt to NOPAT		 -283.38 -111.85 -101.78 -171.39 2,255.46 75.78 92.12 70.22 74.35 80.03 46.42
Long-Term Debt to NOPAT		 -295.79 -114.20 -103.72 -174.95 2,306.12 77.18 94.18 71.96 76.26 81.19 47.07
Noncontrolling Interest Sharing Ratio		 0.34% 0.33% 0.46% 0.53% 0.52% 0.00% 0.52% 0.55% 0.57% 0.61% 0.66%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 3,391 4,192 2,630 2,148 2,009 1,253 854 748 -1,105 -2,487 -3,939
Operating Cash Flow to CapEx		 2,361.75% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 6.33 5.84 1.78 0.00 2.17 -3.48 -9.17 -19.46
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.30 0.28 0.16 0.00 0.37 0.35 0.48 0.41
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.30 0.28 0.16 0.00 0.37 0.35 0.48 0.41
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.09 0.08 0.02 0.03 0.03 0.03 0.04 0.03 0.03 0.03 0.03
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 19,616 19,519 21,097 22,379 23,008 23,674 23,765 24,569 25,102 24,927 24,589
Invested Capital Turnover		 0.09 0.08 0.02 0.03 0.03 0.03 0.04 0.03 0.03 0.03 0.03
Increase / (Decrease) in Invested Capital		 -3,392 -4,155 -2,669 -2,189 -2,095 -1,253 -824 -646 1,224 2,455 4,043
Enterprise Value (EV)		 18,698 18,420 20,231 21,045 21,761 22,213 22,201 22,715 22,690 22,964 22,857
Market Capitalization		 3,432 3,012 3,301 3,024 3,312 3,257 3,328 3,170 2,638 2,847 3,198
Book Value per Share		 $21.46 $21.89 $22.14 $22.95 $23.81 $25.35 $25.95 $26.36 $26.32 $26.44 $27.35
Tangible Book Value per Share		 $21.46 $21.89 $22.14 $22.95 $23.81 $25.35 $25.95 $26.36 $26.32 $26.44 $27.35
Total Capital		 19,616 19,519 21,097 22,379 23,008 23,674 23,765 24,569 25,102 24,927 24,589
Total Debt		 15,927 15,725 17,236 18,375 18,843 19,286 19,272 20,002 20,542 20,383 19,905
Total Long-Term Debt		 15,927 15,725 17,236 18,375 18,843 19,286 19,272 20,002 20,542 20,383 19,905
Net Debt		 15,259 15,401 16,914 18,001 18,429 18,936 18,850 19,520 20,026 20,092 19,633
Capital Expenditures (CapEx)		 4.26 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 -0.84 0.00 17 19 38 1.00 0.00 0.00 0.00 15 0.00
Net Nonoperating Obligations (NNO)		 15,927 15,725 17,236 18,375 18,843 19,286 19,272 20,002 20,542 20,383 19,905
Total Depreciation and Amortization (D&A)		 15 5.40 -5.15 -6.32 -5.88 -6.45 -3.62 -7.15 -6.94 -7.90 -7.15
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.21 ($0.32) ($0.35) ($0.71) ($0.01) $0.17 $0.59 $0.68 ($0.28) $0.60
Adjusted Weighted Average Basic Shares Outstanding		 172.00M 173.78M 173.64M 173.97M 174.04M 172.67M 172.65M 172.62M 172.60M 170.63M 170.97M
Adjusted Diluted Earnings per Share		 $0.00 $0.21 ($0.32) ($0.35) ($0.71) $0.01 $0.17 $0.58 $0.67 ($0.25) $0.59
Adjusted Weighted Average Diluted Shares Outstanding		 172.00M 173.78M 173.64M 173.97M 174.04M 172.67M 172.65M 180.89M 180.87M 170.63M 185.32M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 171.58M 171.59M 172.99M 173.62M 173.58M 173.67M 172.30M 172.31M 172.29M 172.28M 170.90M
Normalized Net Operating Profit after Tax (NOPAT)		 36 39 54 66 79 80 123 130 128 100 116
Normalized NOPAT Margin		 9.62% 3.56% 12.47% 52.12% 54.27% 0.00% 23.43% 73.29% 73.61% 52.30% 74.29%
Pre Tax Income Margin		 0.10% 3.41% -12.74% -46.53% -84.05% 0.00% 6.13% 58.47% 69.15% -24.10% 67.29%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 -0.17 -0.36 0.00 0.00 0.30 0.38 -0.17 0.52
NOPAT to Interest Expense		 0.00 0.00 0.00 -0.12 -0.25 0.00 0.00 0.30 0.37 -0.12 0.51
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 -0.17 -0.36 0.00 0.00 0.30 0.38 -0.17 0.52
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 -0.12 -0.25 0.00 0.00 0.30 0.37 -0.12 0.51
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 -478.19% -200.17% -178.28% -277.44% 5,236.35% 170.84% 208.22% 152.82% 157.26% 167.84% 97.61%
Augmented Payout Ratio		 -555.24% -214.66% -178.28% -277.44% 5,236.35% 170.84% 208.22% 152.82% 157.26% 167.84% 97.61%

Frequently Asked Questions About Blackstone Mortgage Trust's Financials

When does Blackstone Mortgage Trust's fiscal year end?

According to the most recent income statement we have on file, Blackstone Mortgage Trust's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Blackstone Mortgage Trust's net income changed over the last 9 years?

Blackstone Mortgage Trust's net income appears to be on a downward trend, with a most recent value of -$201.83 million in 2024, falling from $211.89 million in 2015. The previous period was $249.90 million in 2023. Find out what analysts predict for Blackstone Mortgage Trust in the coming months.

How has Blackstone Mortgage Trust revenue changed over the last 9 years?

Over the last 9 years, Blackstone Mortgage Trust's total revenue changed from $258.22 million in 2015 to $1.79 billion in 2024, a change of 592.6%.

How much debt does Blackstone Mortgage Trust have?

Blackstone Mortgage Trust's total liabilities were at $16.01 billion at the end of 2024, a 18.5% decrease from 2023, and a 133.0% increase since 2015.

How much cash does Blackstone Mortgage Trust have?

In the past 9 years, Blackstone Mortgage Trust's cash and equivalents has ranged from $69.65 million in 2017 to $551.15 million in 2021, and is currently $323.48 million as of their latest financial filing in 2024.

How has Blackstone Mortgage Trust's book value per share changed over the last 9 years?

Over the last 9 years, Blackstone Mortgage Trust's book value per share changed from 26.74 in 2015 to 21.89 in 2024, a change of -18.1%.


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This page (NYSE:BXMT) was last updated on 5/29/2025 by MarketBeat.com Staff
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