References herein to “Blackstone Mortgage Trust,” “company,” “we,” “us,” or “our” refer to Blackstone Mortgage Trust, Inc., a Maryland corporation, and its subsidiaries unless the context specifically requires otherwise. Our Company Blackstone Mortgage Trust is a real estate finance company that originates, acquires, and manages senior loans and other debt or credit-oriented investments collateralized by or relating to commercial real estate in North America, Europe, and Australia. Our portfolio is composed primarily of senior loans secured by high-quality, institutional assets located in major markets, and sponsored by experienced, well-capitalized real estate investment owners and operators.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 1.9B | 1.9B | 2.3B | 1.3B | 1.3B | 514M |
| Net Income | 110M | 110M | -204M | 247M | 249M | 419M |
| EPS | $0.64 | $0.64 | $-1.17 | $1.43 | $1.46 | $2.77 |
| Free Cash Flow | 276M | 276M | 366M | 459M | 397M | 382M |
| ROIC | 11.3% | 10.8% | 8.8% | 7.5% | 4.6% | 3.7% |
| Gross Margin | - | - | - | - | - | - |
| Debt/Equity | 0.22 | 0.22 | 0.20 | 3.78 | 3.89 | 3.28 |
| Dividends/Share | $1.89 | $1.88 | $2.18 | $2.48 | $2.48 | $2.48 |
| Operating Income | 449M | 449M | 1.1B | 1.6B | 963M | 760M |
| Operating Margin | 23.5% | 23.5% | 48.0% | 120.3% | 76.6% | 147.7% |
| ROE | 3.1% | 3.0% | -5.0% | 5.5% | 5.5% | 9.9% |
| Shares Outstanding | 171M | 171M | 174M | 172M | 170M | 151M |
BLACKSTONE MORTGAGE TRUST, INC. passes 2 of 9 quality checks, indicating weak fundamentals.
BLACKSTONE MORTGAGE TRUST, INC. trades at 30.9x trailing earnings, compared to its 15-year median P/E of 8.6x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 12.7x vs a median of 6.9x. The company's 5-year average ROIC is 7.1%. Total shareholder yield (dividends + buybacks) is 12.8%. At current prices, the estimated annualized return to fair value is -2.9%.
BLACKSTONE MORTGAGE TRUST, INC. (BXMT) has a current P/E ratio of 30.9, compared to its historical median P/E of 8.6. The stock is currently considered Expensive based on its historical valuation range.
BLACKSTONE MORTGAGE TRUST, INC. (BXMT) has a 5-year average return on invested capital (ROIC) of 7.1%. This is below average and may indicate limited pricing power.
BLACKSTONE MORTGAGE TRUST, INC. (BXMT) has a market capitalization of $3.4B. It is classified as a mid-cap stock.
Yes, BLACKSTONE MORTGAGE TRUST, INC. (BXMT) pays a dividend with a trailing twelve-month yield of 9.53%. The company also returns capital through share buybacks, with a buyback yield of 3.23%.
Based on historical P/E analysis, BLACKSTONE MORTGAGE TRUST, INC. (BXMT) appears expensive. The current P/E of 30.9 is 257% above its historical median of 8.6. The estimated fair value CAGR (P/E method) is -17.5%.
BLACKSTONE MORTGAGE TRUST, INC. (BXMT) operates in the Real Estate Investment Trusts industry, within the Real Estate sector.
BLACKSTONE MORTGAGE TRUST, INC. (BXMT) reported annual revenue of $1.9 billion in its most recent fiscal year, based on SEC EDGAR filings.
BLACKSTONE MORTGAGE TRUST, INC. (BXMT) has a net profit margin of 5.7%. This is a modest margin.
BLACKSTONE MORTGAGE TRUST, INC. (BXMT) generated $276 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
BLACKSTONE MORTGAGE TRUST, INC. (BXMT) has a debt-to-equity ratio of 0.22. This indicates a conservatively financed balance sheet.
BLACKSTONE MORTGAGE TRUST, INC. (BXMT) reported earnings per share (EPS) of $0.64 in its most recent fiscal year.
BLACKSTONE MORTGAGE TRUST, INC. (BXMT) has a return on equity (ROE) of 3.0%. This indicates moderate shareholder returns.
The Ledger Terminal provides 15 years of financial data for BLACKSTONE MORTGAGE TRUST, INC. (BXMT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
BLACKSTONE MORTGAGE TRUST, INC. (BXMT) has a book value per share of $20.44, based on its most recent annual SEC filing.