BXMT
Blackstone Mortgage Trust Inc
NYSE: BXMT · REAL ESTATE · REIT - MORTGAGE
$19.08
-4.65% today
Updated 2026-04-29
Market cap
$3.22B
P/E ratio
31.80
P/S ratio
7.23x
EPS (TTM)
$0.60
Dividend yield
9.40%
52W range
$17 – $20
Volume
1.5M
Blackstone Mortgage Trust Inc (BXMT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $181.16M | $264.83M | $209.52M | $125.03M | $173.74M | $53.17M | $40.94M | $53.16M | $184.77M | $280.19M | $327.12M | $303.05M | $396.48M | $424.18M | $432.18M | $514.47M | $1.32B | $2.01B | $1.77B | $1.52B |
| Revenue growth (YoY) | — | +46.2% | -20.9% | -40.3% | +39.0% | -69.4% | -23.0% | +29.9% | +247.5% | +51.6% | +16.8% | -7.4% | +30.8% | +7.0% | +1.9% | +19.0% | +156.4% | +52.6% | -12.2% | -14.0% |
| Cost of revenue | $3.15M | $1.81M | $179000.00 | $71000.00 | $20000.00 | $4.15M | $0.00 | $5.94M | $19.49M | $152.42M | $184.27M | $234.87M | $359.63M | $458.50M | $77.92M | $88.47M | $110.29M | $119.09M | $119.06M | $351.97M |
| Gross profit | $178.02M | $263.02M | $209.34M | $124.96M | $173.72M | $53.17M | $40.94M | $47.23M | $165.28M | $280.19M | $327.12M | $303.05M | $396.48M | $424.18M | $432.18M | $514.47M | $1.21B | $1.89B | $1.65B | $1.17B |
| Gross margin | 98.3% | 99.3% | 99.9% | 99.9% | 100.0% | 100.0% | 100.0% | 88.8% | 89.5% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 91.6% | 94.1% | 93.3% | 76.9% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $23.07M | $29.96M | $24.96M | $22.10M | $18.78M | $23.87M | $9.47M | $15.55M | $37.55M | $76.44M | $80.36M | $80.95M | $105.93M | $112.13M | $116.46M | $123.88M | $41.27M | $37.87M | $53.92M | $52.18M |
| Operating income | $50.43M | $70.69M | $54.72M | $-459.29M | $-117.62M | $357.66M | $80.48M | $26.25M | $81.59M | $349.75M | $422.76M | $452.81M | $645.01M | $305.06M | $137.99M | $419.62M | $965.06M | $1.62B | $1.09B | $1.09B |
| Operating margin | 27.8% | 26.7% | 26.1% | -367.3% | -67.7% | 672.6% | 196.6% | 49.4% | 44.2% | 124.8% | 129.2% | 149.4% | 162.7% | 71.9% | 31.9% | 81.6% | 73.2% | 80.4% | 61.6% | 71.6% |
| EBITDA | $159.08M | $247.85M | $74.20M | $-497.27M | $-59.26M | $357.66M | $320.52M | $44.57M | $170.16M | $349.75M | $422.76M | $452.81M | $645.01M | $305.06M | $81.15M | $419.62M | $965.06M | $1.62B | $1.10B | $1.17B |
| EBITDA margin | 87.8% | 93.6% | 35.4% | -397.7% | -34.1% | 672.6% | 782.9% | 83.8% | 92.1% | 124.8% | 129.2% | 149.4% | 162.7% | 71.9% | 18.8% | 81.6% | 73.2% | 80.6% | 62.3% | 76.7% |
| EBIT | $155.94M | $246.04M | $74.02M | $-497.34M | $-59.28M | $357.66M | $-2.14M | $25.42M | $100.49M | $349.75M | $422.76M | $452.81M | $645.01M | $305.06M | $137.99M | $419.62M | $608.51M | $-142.67M | $1.09B | $1.10B |
| Interest expense | $104.61M | $162.38M | $129.66M | $79.79M | $123.96M | $96.97M | $38.14M | $18.02M | $69.14M | $152.42M | $184.27M | $234.87M | $359.63M | $458.50M | $347.47M | $340.22M | $710.90M | $1.37B | $1.29B | $988.95M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $54.07M | $84.37M | $-57.54M | $-576.44M | $-185.34M | $258.14M | $181.29M | $15.03M | $90.05M | $196.83M | $238.30M | $217.63M | $285.08M | $305.57M | $137.67M | $419.19M | $248.64M | $246.56M | $-204.09M | $109.57M |
| Net income growth (YoY) | — | +56.0% | -168.2% | -901.8% | +67.8% | +239.3% | -29.8% | -91.7% | +499.0% | +118.6% | +21.1% | -8.7% | +31.0% | +7.2% | -54.9% | +204.5% | -40.7% | -0.8% | -182.8% | +153.7% |
| Profit margin | 29.8% | 31.9% | -27.5% | -461.0% | -106.7% | 485.5% | 442.8% | 28.3% | 48.7% | 70.2% | 72.8% | 71.8% | 71.9% | 72.0% | 31.9% | 81.5% | 18.8% | 12.2% | -11.5% | 7.2% |