Blackstone Mortgage Trust (BXMT) Key Ratios
$14.20
As on 04-Sep-2026 13:44EDT
Market cap
$2,387 Mln
Revenue (TTM)
$1,523 Mln
P/E Ratio
177
P/B Ratio
0.7
Div. Yield
13.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 0.15 | -3.20 | -3.77 | -5.49 | 14.92 |
| EBIT | -- | -7.51 | -24.07 | -12.14 | -5.22 |
| Net Profit | -1,199.44 | -1,268.64 | 215.17 | -61.91 | -48.24 |
| EPS | -1,192.15 | -1,287.01 | 215.33 | -62.01 | -50.00 |
| Book Value | -- | -- | -6.63 | -8.04 | -5.06 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 42.28 | 50.91 | 54.89 | 72.19 | 61.75 |
| Net Margin
| -- | -- | 1.01 | -- | -- |
| Return on equity
| 1.18 | 3.78 | 0.45 | 3.01 | -5.01 |
| Return on Capital
| 0.21 | 0.76 | -- | 0.56 | -0.95 |
| Return on Assets
| 0.21 | 0.75 | 0.05 | 0.55 | -0.93 |
| Debt to Equity (x)
| -- | -- | 2.18 | 4.62 | 4.15 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
--
|
0.56
|
-0.95
|
1.01
|
1.05
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
0.45
Lower than Peers by 7.32
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
0.45
|
3.01
|
-5.01
|
5.55
|
5.46
|
|
Peer Median
|
7.78
|
--
|
--
|
--
|
--
|
ROA
0.05
Lower than Peers by 1.85
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
0.05
|
0.55
|
-0.93
|
1.00
|
1.03
|
|
Peer Median
|
1.90
|
--
|
--
|
--
|
--
|
EBIT Margin
54.89
Higher than Peers by 24.22
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
54.89
|
72.19
|
61.75
|
-7.09
|
46.13
|
|
Peer Median
|
30.68
|
--
|
--
|
--
|
--
|
Net Margin
1.01
Lower than Peers by 13.80
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
1.01
|
7.20
|
-11.54
|
12.25
|
18.85
|
|
Peer Median
|
14.81
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-3.77
Lower than Peers by 10.30
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
-3.77
|
-0.14
|
-0.12
|
0.53
|
1.56
|
|
Peer Median
|
6.53
|
--
|
--
|
--
|
--
|
EBIT Growth
-24.07
Lower than Peers by 32.49
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
-24.07
|
0.58
|
865.14
|
-123.45
|
45.02
|
|
Peer Median
|
8.42
|
--
|
--
|
--
|
--
|
Net Profit Growth
215.17
Higher than Peers by 198.62
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
215.17
|
153.69
|
-182.78
|
-0.84
|
-40.69
|
|
Peer Median
|
16.55
|
--
|
--
|
--
|
--
|
EPS Growth
215.33
Higher than Peers by 203.02
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
215.33
|
1.54
|
-1.83
|
-0.02
|
-0.48
|
|
Peer Median
|
12.31
|
--
|
--
|
--
|
--
|
Book Value Growth
-8.26
Lower than Peers by 7.13
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
-8.26
|
--
|
--
|
--
|
--
|
|
Peer Median
|
-1.13
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
2.18
Higher than Peers by 1.25
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
2.18
|
4.62
|
4.15
|
4.42
|
4.52
|
|
Peer Median
|
0.93
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
2.67
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
2.67
|
2.89
|
2.56
|
2.90
|
2.99
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.06
Lower than Peers by 1.00
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
0.06
|
0.06
|
1.89
|
1.82
|
1.83
|
|
Peer Median
|
1.07
|
--
|
--
|
--
|
--
|
Quick Ratio
0.06
Lower than Peers by 0.93
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
0.06
|
--
|
--
|
1.83
|
1.84
|
|
Peer Median
|
1.00
|
--
|
--
|
--
|
--
|
Interest Coverage
1.02
Lower than Peers by 0.83
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
1.02
|
1.11
|
0.85
|
-0.10
|
0.86
|
|
Peer Median
|
1.85
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
8.94
Lower than Peers by 2.64
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
8.94
|
8.74
|
9.06
|
10.67
|
14.37
|
|
Peer Median
|
11.58
|
--
|
--
|
--
|
--
|
Asset Turnover
0.05
Lower than Peers by 0.10
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
0.05
|
0.08
|
0.08
|
0.08
|
0.05
|
|
Peer Median
|
0.15
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
--
|
35.19
|
38.74
|
36.69
|
38.17
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
--
|
--
|
-467.60
|
-245.01
|
-62.72
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
--
|
70.94
|
269.47
|
273.09
|
182.33
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
--
|
--
|
-698.34
|
-481.42
|
-206.89
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
177.00
Higher than Peers by 148.27
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
177.00
|
29.85
|
-14.74
|
14.94
|
14.62
|
|
Peer Median
|
28.73
|
--
|
--
|
--
|
--
|
Price / Book Value
0.71
Lower than Peers by 1.07
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
0.71
|
0.93
|
0.79
|
0.84
|
0.80
|
|
Peer Median
|
1.78
|
--
|
--
|
--
|
--
|
Dividend Yield
13.41
Higher than Peers by 8.43
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
13.41
|
--
|
--
|
--
|
--
|
|
Peer Median
|
4.98
|
--
|
--
|
--
|
--
|
EV/EBITDA
--
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
--
|
16.27
|
16.72
|
13.94
|
24.64
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
2,387
Higher than Peers by 1,716
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Blackstone Mortgage Trust (BXMT)
|
2,387
|
--
|
--
|
--
|
--
|
|
Peer Median
|
671
|
--
|
--
|
--
|
--
|