10x Insights
Loading account…
Companies / Financials / Blackstone Mortgage Trust, Inc.
BXMT

Blackstone Mortgage Trust, Inc.

Ticker BXMTNEW YORK, NYFiscal year ends DecemberBook value per share $16.82Diluted shares 168.7M

Blackstone Mortgage Trust, Inc. (NYSE: BXMT) is a real estate finance company that originates, acquires, and manages senior loans and other debt and credit-oriented investments collateralized by or related to commercial real estate in North America, Europe, and Australia. Its portfolio consists primarily of senior,… From the company’s description.

In fiscal 2025, Blackstone Mortgage Trust, Inc. reported net income of $109.67M. Operations generated $275.87M in cash.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
—
0.00%FY2025
$109.67MFY2025
+154.3% year over year
Last 12 mo $-375.62M
3.13%FY2025
+8.5 percentage points
Last 12 mo -13.21%
Cash & financing
$275.87MFY2025
−24.7% year over year
Last 12 mo $352.79M
$263.10MFY2025
−28.1% year over year
Last 12 mo $314.56M
4.60FY2025
Was 4.15× a year earlier
Last 12 mo 4.98
171.0MFY2025
−1.6% year over year
Last 12 mo 168.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Blackstone Mortgage Trust, Inc. does

In the company’s own words

Blackstone Mortgage Trust, Inc. (NYSE: BXMT) is a real estate finance company that originates, acquires, and manages senior loans and other debt and credit-oriented investments collateralized by or related to commercial real estate in North America, Europe, and Australia. Its portfolio consists primarily of senior, floating-rate mortgage loans secured by institutional-quality properties, with borrowers typically sponsored by experienced real estate owners and operators. The company also makes fixed-rate and subordinate loans and invests in other real estate debt and credit assets. It operates as a holding company through subsidiaries and reports as one business segment focused on commercial mortgage loans and related investments. Blackstone Mortgage Trust is externally managed by an affiliate of Blackstone and finances investments through secured credit facilities, securitizations, loan syndications, and other asset-level arrangements. At December 31, 2025, its loan portfolio comprised 131 loans with $18.2 billion in principal balance; it also held 12 owned real estate assets valued at $1.3 billion. Its website is www.blackstonemortgagetrust.com.

Company details
Sector
Financials
Industry (SIC)
REITs
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
1061630
SIC
6798

Financial performance, year by year

Fiscal 2011–2025 · USD
$-455.41M$-216.04M$23.32M$262.69M$502.06M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Blackstone Mortgage Trust, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

185
funds hold it
0 of 35
superinvestors hold it
$896.38M
held by funds, at market
31.1%
of shares held by funds
4
bond issues held by funds

Largest fund holders · Blackstone Mortgage Trust, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.14%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.08%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.03%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.05%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Blackstone Mortgage Trust, Inc.’s bonds, as funds hold them

Funds report holding 4 issues of Blackstone Mortgage Trust, Inc.’s debt, $328.08M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 6.54%, maturing 2027 to 2031.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Blackstone Mortgage Trust, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Blackstone Mortgage Trust, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Blackstone Mortgage Trust, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.