What is Blackstone Mortgage Trust, Inc. (NEW)'s earnings per share (EPS)?

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) reported diluted earnings per share of $0.64 for fiscal year 2025. This represents a 154.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) Financials

BXMT

Trailing 12 months to June 30, 2026

Revenue $960.0M +8.9% YoY

Net Income $15.5M +222.8% YoY

EPS (Diluted) $0.08 +233.3% YoY

Operating Cash Flow $353.1M +7.2% YoY

Market Cap $1.9B as of Oct 7, 2026

Price / Sales 2.0x on $960.0M revenue, trailing 12 months to June 30, 2026

Price / Earnings 123x on $15.5M net income, trailing 12 months to June 30, 2026

Price / Book 0.6x on $3.3B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 30, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BXMT SEC filings page.

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) reported $960.0M in revenue over the twelve months to Jun 30, 2026, up 8.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BXMT FY2025 2026-10-04

Reported figures show a large, liability-funded asset base whose earnings recovered in FY2025 while equity continued to contract.

The earnings recovery did not rebuild the equity base: net income returned to $109.6M in FY2025 after a net loss of $204.1M in FY2024. By FY2025, equity was $3.5B and debt-to-equity was 4.7x, indicating the recovery arrived with a thinner capital cushion.

The reported asset base fell from $24.0B in FY2023 to $20.0B in FY2025, a contraction that reduced the scale of the trust's earning base. Liabilities still totaled $16.5B in FY2025, so obligations remained large relative to the smaller asset pool.

Operating cash flow was $275.9M in FY2025, below dividends of $322.7M; distributions exceeded reported operating cash generation before share repurchases. That pattern differs from FY2023, when operating cash flow of $458.8M exceeded dividends of $426.9M, showing cash coverage of distributions weakened across the period.

Financial Health Signals

Financial Health Score 16/100

Scored as: REITs peer group

Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Blackstone Mortgage Trust, Inc. (NEW)'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

FFO Margin

FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. Blackstone Mortgage Trust, Inc. (NEW) scores 27/100 on it among other REITs.

FFO Growth

FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. Blackstone Mortgage Trust, Inc. (NEW) scores 19/100 on it among other REITs.

Leverage

Not available for Blackstone Mortgage Trust, Inc. (NEW), and counted as zero in the overall score.

Interest Cov.

Not available for Blackstone Mortgage Trust, Inc. (NEW), and counted as zero in the overall score.

AFFO Margin

AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. Blackstone Mortgage Trust, Inc. (NEW) scores 33/100 on it among other REITs.

Dividend Cov.

Dividend coverage measures funds from operations against the dividends actually paid, and a figure above 1 means the payout came out of operations. Blackstone Mortgage Trust, Inc. (NEW) scores 14/100 on it among other REITs.

Piotroski F-Score Partial

5/6

Blackstone Mortgage Trust, Inc. (NEW) passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

2.52x

For every $1 of reported earnings, Blackstone Mortgage Trust, Inc. (NEW) generates $2.52 in operating cash flow ($275.9M OCF vs $109.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$240.6M

YoY+5.3%

QoQ-1.5%

5Y CAGR+4.2%

10Y CAGR+6.3%

Blackstone Mortgage Trust, Inc. (NEW) generated $240.6M in revenue in Q2 2026. This represents an increase of 5.3% from the same quarter a year earlier. Against the prior quarter it is down 1.5%.

Net Income

-$81.2M

YoY-1265.5%

QoQ-1189.9%

Blackstone Mortgage Trust, Inc. (NEW) reported -$81.2M in net income in Q2 2026. This represents a decrease of 1265.5% from the same quarter a year earlier. Against the prior quarter it is down 1189.9%.

EPS (Diluted)

-$0.48

YoY-1300.0%

QoQ-1100.0%

Blackstone Mortgage Trust, Inc. (NEW) earned -$0.48 per diluted share (EPS) in Q2 2026. This represents a decrease of 1300.0% from the same quarter a year earlier. Against the prior quarter it is down 1100.0%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt

$432.8M

YoY+11.5%

QoQ-21.2%

5Y CAGR+8.4%

10Y CAGR+9.1%

Blackstone Mortgage Trust, Inc. (NEW) held $432.8M in cash as of Q2 2026; long-term debt is not reported for that period.

Dividends Per Share

$0.47

YoY0.0%

QoQ0.0%

5Y CAGR-5.4%

10Y CAGR-2.7%

Blackstone Mortgage Trust, Inc. (NEW) paid $0.47 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

169M

YoY-1.8%

QoQ-0.1%

5Y CAGR+2.8%

10Y CAGR+6.0%

Blackstone Mortgage Trust, Inc. (NEW) had 169M shares outstanding in Q2 2026. This represents a decrease of 1.8% from the same quarter a year earlier. Against the prior quarter it is down 0.1%.

Free Cash Flow

Not reported for Q2 2026.

Margins & Returns

Net Margin

-33.8%

YoY-36.8pp

QoQ-31.2pp

5Y change-100.8pp

10Y change-82.1pp

Blackstone Mortgage Trust, Inc. (NEW)'s net profit margin was -33.8% in Q2 2026, showing the share of revenue converted to profit. This is down 36.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 31.2 percentage points.

Return on Equity

-2.5%

YoY-2.7pp

QoQ-2.3pp

5Y change-5.8pp

10Y change-5.0pp

Blackstone Mortgage Trust, Inc. (NEW)'s ROE was -2.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 2.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.3 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$3.0M

YoY+7679.5%

QoQ+278.3%

Blackstone Mortgage Trust, Inc. (NEW) spent $3.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 7679.5% from the same quarter a year earlier. Against the prior quarter it is up 278.3%.

R&D Spending

Not reported for Q2 2026.

Capital Expenditures

Not reported for Q2 2026.

BXMT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BXMT quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$960.0M	$920.3M-5.9%	$977.6M-27.4%	$1.3B+7.2%	$1.3B+47.0%	$854.7M+9.6%	$779.6M-11.7%	$882.7M+16.7%	$756.1M+40.6%	$537.9M+8.0%	$498.0M+21.3%	$410.6M+122.2%	$184.8M+247.5%	$53.2M+52.2%	$34.9M-1.0%	$35.3M
SG&A Expenses	$54.9M	$52.2M-3.2%	$53.9M+5.4%	$51.1M-2.0%	$52.2M+20.9%	$43.2M-5.9%	$45.9M+18.1%	$38.9M+9.4%	$35.5M+18.7%	$29.9M+8.0%	$27.7M-24.5%	$36.7M+32.1%	$27.8M+141.6%	$11.5M+11.0%	$10.4M+15.4%	$9.0M
Interest Expense	$929.9M	$988.9M-23.3%	$1.3B-5.6%	$1.4B+92.3%	$710.9M+109.0%	$340.2M-2.1%	$347.5M-24.2%	$458.5M+27.5%	$359.6M+53.1%	$234.9M+27.5%	$184.3M+20.9%	$152.4M+120.4%	$69.1M+283.8%	$18.0M-52.8%	$38.1M-60.7%	$97.0M
Income Tax	$5.7M	$3.7M+54.5%	$2.4M-55.7%	$5.4M+78.6%	$3.0M+609.9%	$423K+31.0%	$323K+163.8%	-$506K-264.3%	$308K-1.9%	$314K+60.2%	$196K-61.1%	$504K-2.7%	$518K-47.9%	$995K+471.8%	$174K-87.8%	$1.4M
Net Income	$15.5M	$109.6M+153.7%	-$204.1M-182.8%	$246.6M-0.8%	$248.6M-40.7%	$419.2M+204.5%	$137.7M-54.9%	$305.6M+7.2%	$285.1M+31.0%	$217.6M-8.7%	$238.3M+21.1%	$196.8M+118.6%	$90.0M+499.0%	$15.0M-91.7%	$181.0M-29.9%	$258.1M
EPS (Basic)	N/A	$0.64+154.7%	-$1.17-181.8%	$1.43-2.1%	$1.46-47.3%	$2.77+185.6%	$0.97-58.7%	$2.35	N/A	N/A	N/A	N/A	$1.86+129.6%	$0.81-99.0%	$77.16-32.3%	$113.92
EPS (Diluted)	$0.08	$0.64+154.7%	-$1.17-181.8%	$1.43-2.1%	$1.46-47.3%	$2.77+185.6%	$0.97-58.7%	$2.35	N/A	N/A	N/A	N/A	$1.86	$0.81	$73.13-32.1%	$107.78
Diluted Shares (Avg)	N/A	171M-1.6%	174M+0.6%	173M+1.2%	171M+12.6%	152M+6.9%	142M+9.0%	130M	N/A	N/A	N/A	N/A	48M	19M	2M+3.4%	2M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$240.6M+5.3%	$244.2M+12.7%	$243.6M+12.8%	$231.6M+5.1%	$228.4M-9.9%	$216.7M-24.7%	$216.0M-57.2%	$220.3M-34.3%
SG&A Expenses	$14.9M+10.3%	$14.0M+10.4%	$13.2M+1.0%	$12.7M-5.0%	$13.5M-1.0%	$12.7M-7.8%	$13.1M-1.1%	$13.4M+11.8%
Interest Expense	$227.2M-14.2%	$220.7M-8.9%	$234.9M-17.6%	$247.1M-23.2%	$264.7M-22.0%	$242.2M-29.5%	$285.1M-18.8%	$321.7M-9.1%
Income Tax	$2.5M+177.0%	$1.2M+61.3%	$535K+216.8%	$1.5M+146.7%	$903K-25.8%	$718K-28.3%	-$458K-165.5%	$613K-60.9%
Net Income	-$81.2M-1265.5%	-$6.3M-1663.9%	$39.6M+6.5%	$63.4M+212.4%	$7.0M+111.4%	-$357K+99.7%	$37.2M+1694.3%	-$56.4M-291.0%
EPS (Basic)	-$0.48-1300.0%	-$0.04	$0.23+4.5%	$0.37+215.6%	$0.04+111.4%	$0.00+100.0%	$0.22+2300.0%	-$0.32-288.2%
EPS (Diluted)	-$0.48-1300.0%	-$0.04	$0.23+4.5%	$0.37+215.6%	$0.04+111.4%	$0.00+100.0%	$0.22+2300.0%	-$0.32-288.2%
Diluted Shares (Avg)	169M-1.7%	169M-1.7%	N/A	172M-1.1%	172M-1.2%	172M-1.2%	N/A	174M+0.6%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

BXMT Balance Sheet

BXMT quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$20.0B+1.0%	$19.8B-17.6%	$24.0B-5.2%	$25.4B+11.7%	$22.7B+33.9%	$17.0B+2.5%	$16.6B+14.4%	$14.5B+41.0%	$10.3B+16.4%	$8.8B-6.0%	$9.4B+105.1%	$4.6B+106.7%	$2.2B+586.5%	$322.3M-76.4%	$1.4B
Cash & Equivalents	$452.5M+39.9%	$323.5M-7.6%	$350.0M+20.1%	$291.3M-47.1%	$551.2M+90.1%	$290.0M+93.2%	$150.1M+42.0%	$105.7M+3.1%	$102.5M+35.7%	$75.6M-21.7%	$96.5M+86.2%	$51.8M-1.0%	$52.3M+239.4%	$15.4M-55.7%	$34.8M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$16.5B+3.1%	$16.0B-18.5%	$19.6B-5.6%	$20.8B+15.1%	$18.1B+38.5%	$13.1B+2.3%	$12.8B+15.1%	$11.1B+51.1%	$7.3B+16.2%	$6.3B-8.0%	$6.9B+123.7%	$3.1B+111.0%	$1.5B+485.0%	$248.9M-83.4%	$1.5B
Long-Term Debt	N/A	N/A	$16.5B-6.1%	$17.6B+16.6%	$15.1B+51.0%	$10.0B-12.8%	$11.5B+19.1%	$9.6B	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$3.5B-7.6%	$3.8B-13.3%	$4.4B-3.3%	$4.5B-1.5%	$4.6B+18.1%	$3.9B+3.3%	$3.8B+11.8%	$3.4B+15.6%	$2.9B+16.7%	$2.5B0.0%	$2.5B+70.1%	$1.5B+104.1%	$717.9M+877.5%	$73.4M+166.5%	-$110.4M
Retained Earnings	-$1.9B-12.2%	-$1.7B-50.6%	-$1.2B-18.8%	-$968.7M-21.9%	-$794.8M+4.2%	-$829.3M-40.0%	-$592.5M-4.1%	-$569.4M-0.4%	-$567.2M-4.8%	-$541.1M+0.9%	-$545.8M+0.3%	-$547.6M-2.1%	-$536.2M-0.1%	-$535.9M+19.7%	-$667.1M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$19.4B-5.7%	$19.6B-1.6%	$20.0B+1.0%	$19.7B-8.1%	$20.6B-9.1%	$20.0B-14.2%	$19.8B-17.6%	$21.4B-10.8%
Cash & Equivalents	$432.8M+11.5%	$549.2M-17.9%	$452.5M+39.9%	$377.9M+17.3%	$388.0M+3.8%	$668.6M+61.5%	$323.5M-7.6%	$322.1M-23.6%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$16.1B-4.8%	$16.2B-0.4%	$16.5B+3.1%	$16.1B-8.4%	$17.0B-9.0%	$16.3B-14.8%	$16.0B-18.5%	$17.6B-10.1%
Total Equity	$3.3B-9.8%	$3.4B-7.3%	$3.5B-7.6%	$3.6B-6.6%	$3.6B-9.2%	$3.7B-11.2%	$3.8B-13.3%	$3.8B-14.0%
Retained Earnings	-$2.2B-16.0%	-$2.0B-11.9%	-$1.9B-12.2%	-$1.9B-12.8%	-$1.9B-21.7%	-$1.8B-31.3%	-$1.7B-50.6%	-$1.7B-62.3%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.

BXMT Cash Flow Statement

BXMT quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$353.1M	$275.9M-24.7%	$366.5M-20.1%	$458.8M+15.6%	$396.8M+3.7%	$382.5M+13.6%	$336.6M+10.7%	$304.0M+4.8%	$290.0M+27.5%	$227.5M-3.9%	$236.7M+38.1%	$171.4M+112.6%	$80.6M+181.3%	$28.7M+323.6%	$6.8M-76.6%	$28.9M
Depreciation & Amortization	N/A	$68.8M+631.8%	$9.4M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Stock-Based Compensation	N/A	$28.3M-11.2%	$31.8M+3.8%	$30.7M-8.3%	$33.4M+5.6%	$31.6M-8.4%	$34.5M+12.6%	$30.7M+8.9%	$28.2M+17.2%	$24.0M+9.7%	$21.9M+5.7%	$20.7M+113.2%	$9.7M+56.6%	$6.2M+62.9%	$3.8M+1.1%	$3.8M
Investing Cash Flow	$776.5M	$359.4M-89.7%	$3.5B+142.2%	$1.4B+144.4%	-$3.3B+42.2%	-$5.6B-6276.7%	-$88.3M+95.3%	-$1.9B+56.0%	-$4.3B-444.6%	-$780.8M-279.9%	$434.1M	N/A	-$2.4B-35.4%	-$1.8B-1040.1%	$189.6M-90.9%	$2.1B
Financing Cash Flow	-$1.1B	-$514.4M+86.8%	-$3.9B-110.1%	-$1.8B-170.9%	$2.6B-52.7%	$5.5B+5072.7%	-$110.8M-106.9%	$1.6B-59.3%	$4.0B+588.6%	$574.7M+182.2%	-$699.6M	N/A	$2.3B+30.3%	$1.8B+929.9%	-$215.8M+89.8%	-$2.1B
Dividends Paid	$319.1M	$322.7M-20.1%	$404.0M-5.4%	$426.9M+1.3%	$421.4M+13.7%	$370.7M+6.2%	$348.9M+8.7%	$321.0M+15.8%	$277.3M+18.0%	$235.0M+1.0%	$232.8M+39.4%	$167.0M+98.2%	$84.2M+983.3%	$7.8M-84.1%	$49.0M	N/A
Share Buybacks	$81.7M	$109.5M+274.6%	$29.2M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$65.2M+13.9%	$169.7M+68.9%	$136.3M+61.2%	-$18.2M-120.9%	$57.2M-42.9%	$100.5M+6.2%	$84.5M-23.9%	$87.1M-22.3%
Depreciation & Amortization	$20.3M+22.1%	$20.9M+28.3%	$20.9M+154.9%	$15.0M+1361.8%	$16.6M+8894.1%	$16.3M	$8.2M	$1.0M
Stock-Based Compensation	$6.7M-8.6%	$6.7M-4.0%	N/A	$7.3M-8.5%	$7.3M-8.3%	$7.0M-14.1%	N/A	$8.0M+5.0%
Investing Cash Flow	-$34.8M+92.9%	$220.8M-15.4%	-$242.2M-118.0%	$832.7M-35.3%	-$492.0M-200.8%	$260.9M-30.7%	$1.3B+426.8%	$1.3B+187.5%
Financing Cash Flow	-$145.8M-198.9%	-$292.9M-1514.2%	$179.7M+112.6%	-$823.4M+42.3%	$147.3M+123.4%	-$18.1M+95.5%	-$1.4B-223.2%	-$1.4B-130.4%
Dividends Paid	$79.4M-1.8%	$79.1M-2.6%	$80.2M-1.3%	$80.4M-1.4%	$80.8M-25.1%	$81.2M-24.4%	$81.3M-23.9%	$81.5M-23.8%
Share Buybacks	$3.0M+7679.5%	$802K-97.5%	$61.8M+238.7%	$16.1M+46.1%	$39K	$31.6M	$18.2M	$11.0M

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.

BXMT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BXMT quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Net Margin	11.9%+32.8pp	-20.9%-39.2pp	18.3%-1.5pp	19.8%-29.3pp	49.0%+31.4pp	17.7%-17.0pp	34.6%-3.1pp	37.7%-2.8pp	40.5%-7.4pp	47.9%-0.1pp	47.9%-0.8pp	48.7%+20.5pp	28.3%	518.1%	220.3%
Return on Equity	3.1%+8.5pp	-5.4%-11.0pp	5.7%+0.2pp	5.5%-3.6pp	9.1%+5.6pp	3.5%-4.6pp	8.1%-0.4pp	8.5%+1.0pp	7.5%-2.1pp	9.6%+1.7pp	7.9%+1.8pp	6.1%+4.1pp	2.1%-244.4pp	246.5%	N/A
Return on Assets	0.5%+1.6pp	-1.0%-2.1pp	1.0%+0.1pp	1.0%-0.9pp	1.8%+1.0pp	0.8%-1.0pp	1.8%-0.1pp	2.0%-0.2pp	2.1%-0.6pp	2.7%+0.6pp	2.1%+0.1pp	2.0%+1.3pp	0.7%-55.5pp	56.2%+37.3pp	18.9%
Debt-to-Equity	4.72+0.5x	4.23+0.4x	3.78-0.1x	3.89+0.6x	3.29+0.7x	2.57-0.5x	3.04+0.2x	2.86+0.3x	2.520.0x	2.53-0.2x	2.76+0.7x	2.10+0.1x	2.03-1.4x	3.39	N/A
Asset Turnover	0.050.0x	0.050.0x	0.060.0x	0.050.0x	0.040.0x	0.050.0x	0.050.0x	0.050.0x	0.050.0x	0.060.0x	0.040.0x	0.040.0x	0.02-0.1x	0.11+0.1x	0.03

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	-33.8%-36.8pp	-2.6%-2.4pp	16.3%-1.0pp	27.4%+53.0pp	3.0%+27.1pp	-0.2%+42.9pp	17.2%+17.7pp	-25.6%-34.4pp
Return on Equity	-2.5%-2.7pp	-0.2%-0.2pp	1.1%+0.1pp	1.8%+3.2pp	0.2%+1.7pp	0.0%+3.0pp	1.0%+1.0pp	-1.5%-2.1pp
Return on Assets	-0.4%-0.4pp	0.0%0.0pp	0.2%0.0pp	0.3%+0.6pp	0.0%+0.3pp	0.0%+0.5pp	0.2%+0.2pp	-0.3%-0.4pp
Debt-to-Equity	4.95+0.3x	4.75+0.3x	4.72+0.5x	4.48-0.1x	4.690.0x	4.42+0.5x	4.23+0.4x	4.57+0.9x
Asset Turnover	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Blackstone Mortgage Trust, Inc. (NEW) BXMT	FY2025	$920.3M	$109.6M	11.9%	$1.9B	16/100
Arbor Realty Trust, Inc. ABR	FY2025	$510.4M	$157.8M	30.9%	$647.4M	31/100
Rithm Capital Corp. RITM	FY2025	$4.6B	$567.2M	12.4%	$4.9B	21/100
STARWOOD PROPERTY TRUST, INC. STWD	FY2025	$1.8B	$411.5M	22.3%	$4.8B	26/100
Apollo Commercial Real Estate Finance, Inc. ARI	FY2025	$271.6M	$126.7M	46.7%	$800.8M	33/100
AGNC Investment Corp. AGNCN	FY2025	N/A	$1.7B	N/A	N/A	—

Where Blackstone Mortgage Trust, Inc. (NEW) Ranks

Frequently Asked Questions

What is Blackstone Mortgage Trust, Inc. (NEW)'s annual revenue?

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) reported $920.3M in total revenue for fiscal year 2025. This represents a -5.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Blackstone Mortgage Trust, Inc. (NEW)'s revenue growing?

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) revenue declined by 5.9% year-over-year, from $977.6M to $920.3M in fiscal year 2025.

Is Blackstone Mortgage Trust, Inc. (NEW) profitable?

Yes, Blackstone Mortgage Trust, Inc. (NEW) (BXMT) reported a net income of $109.6M in fiscal year 2025, with a net profit margin of 11.9%.

What is Blackstone Mortgage Trust, Inc. (NEW)'s net profit margin?

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) had a net profit margin of 11.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Blackstone Mortgage Trust, Inc. (NEW) pay dividends?

Yes, Blackstone Mortgage Trust, Inc. (NEW) (BXMT) paid $1.88 per share in dividends during fiscal year 2025.

What is Blackstone Mortgage Trust, Inc. (NEW)'s return on equity (ROE)?

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) has a return on equity of 3.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Blackstone Mortgage Trust, Inc. (NEW)'s operating cash flow?

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) generated $275.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Blackstone Mortgage Trust, Inc. (NEW)'s total assets?

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) had $20.0B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Blackstone Mortgage Trust, Inc. (NEW) buy back shares?

Yes, Blackstone Mortgage Trust, Inc. (NEW) (BXMT) spent $109.5M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Blackstone Mortgage Trust, Inc. (NEW) have outstanding?

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) had 169M shares outstanding as of fiscal year 2025.

What is Blackstone Mortgage Trust, Inc. (NEW)'s debt-to-equity ratio?

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) had a debt-to-equity ratio of 4.72 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Blackstone Mortgage Trust, Inc. (NEW)'s return on assets (ROA)?

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) had a return on assets of 0.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Blackstone Mortgage Trust, Inc. (NEW)'s P/E ratio?

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) trades at 123x earnings, its market capitalization divided by net income of $15.5M net income, trailing 12 months to June 30, 2026. The market capitalization is $1.9B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Blackstone Mortgage Trust, Inc. (NEW)'s price-to-sales ratio?

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) trades at 2.0x sales, its market capitalization divided by revenue of $960.0M revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.9B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Blackstone Mortgage Trust, Inc. (NEW)'s Piotroski F-Score?

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Blackstone Mortgage Trust, Inc. (NEW)'s earnings high quality?

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) has an earnings quality ratio of 2.52x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Blackstone Mortgage Trust, Inc. (NEW)?

Blackstone Mortgage Trust, Inc. (NEW) (BXMT) scores 16 out of 100 on our Financial Health Score, indicating weak standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.