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Blackstone Mortgage Trust

BXMT

Blackstone Mortgage Trust, Inc. is a real estate finance company primarily focused on originating, acquiring, and managing senior mortgage loans collateralized by commercial real estate.

Market cap
$2.82B-12.0%
Net income$103.6M+143%
EPS (diluted)$0.60+143%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (In 2 days)
Revenue estimate$137.0M
EPS estimate$0.39

Financials

Q1 2026

Income statement

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Net income-$6.3M-1,664%
EPS (diluted)-$0.04

Balance sheet

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Cash & equivalents$549.2M-17.9%
Total debt$16.9B-0.8%
Total equity$3.4B-7.3%
Total assets$19.6B-1.6%

Cash flow

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Operating cash flow$169.7M+68.9%

Valuation & ratios

Valuation

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Market cap$2.78B-12.0%
Enterprise value$19.13B-6.7%
P/E26.8×

Returns & leverage

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Return on equity2.9%
Debt / equity4.9×+0.3×

Competitors

Profile

Blackstone Mortgage Trust, Inc. is a real estate finance company primarily focused on originating, acquiring, and managing senior mortgage loans collateralized by commercial real estate. The company targets high-quality, institutional assets in major markets across North America, Europe, and Australia, leveraging the global platform of its manager, Blackstone Inc. As a REIT, its core value proposition is generating attractive risk-adjusted returns for stockholders through a portfolio of primarily floating-rate debt investments.

Competitive position

A leading commercial mortgage REIT that benefits from the scale, market data, and sourcing capabilities of the world's largest commercial real estate owner.

GeographiesNorth America, Europe, Australia
Customer segmentsInstitutional Investors, Commercial Real Estate Developers
Business modelAsset Management, Lending, REIT
SuppliersCapital markets for equity and debt issuance, Secured credit facility providers, Blackstone Inc. for management and sourcing
CustomersCommercial real estate borrowers, Institutional property sponsors, Regional banks (via loan portfolio acquisitions)
Listed1980
Employees29.0
CEOTimothy Johnson
FilingsSEC EDGAR

Questions, answered.

What is Blackstone Mortgage Trust's market cap?
Blackstone Mortgage Trust (BXMT) has a market capitalization of $2.8B and trades on NYSE.
Who are Blackstone Mortgage Trust's competitors?
Blackstone Mortgage Trust's key competitors include KKR Real Estate Finance Trust Inc., Apollo Commercial Real Estate Finance, Inc., Starwood Property Trust, Inc., and others. These companies compete in similar markets and product categories.
Who does Blackstone Mortgage Trust partner with?
Blackstone Mortgage Trust's notable partners include Blackstone Inc..
What subsidiaries does Blackstone Mortgage Trust have?
Blackstone Mortgage Trust's subsidiaries include BXMT Advisors L.L.C..
Where is Blackstone Mortgage Trust headquartered?
Blackstone Mortgage Trust is headquartered in United States of America and employs approximately 29 people. It has been publicly traded since 1980.