Blackstone Mortgage Trust, Inc. BXMT
Blackstone Mortgage Trust, Inc. (BXMT) functions as a real estate finance entity, primarily engaged in originating senior-level debt secured by commercial properties. These investment activities span across North America, Europe, and Australia. For U.S. federal income tax considerations, the company is organized as a Real Estate Investment Trust (REIT). This structure generally exempts it from federal corporate income taxes, contingent on distributing at least 90% of its taxable earnings to its shareholders. The firm adopted its current name, Blackstone Mortgage Trust, Inc., in May 2013, having previously operated as Capital Trust, Inc. Established in 1997, its principal office is located in New York City.
Snapshot
Reported FFO / Distributable EPS / leverage are from the Q1 2026 earnings release (filed 2026-04-29) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $1.52B | $109.57M | $68.84M | $1.17B | $275.87M |
| 2024 | $1.77B | $-204.09M | $9.41M | $1.10B | $366.45M |
| 2023 | $2.01B | $246.56M | $0.00 | $1.62B | $458.84M |
| 2022 | $1.32B | $248.64M | $0.00 | $964.96M | $396.82M |
| 2021 | $847.73M | $419.19M | $0.00 | $762.92M | $382.48M |
| 2020 | $775.79M | $137.67M | $0.00 | $483.86M | $336.61M |
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-30 | 2026-06-30 | 2026-07-15 | 2026-06-15 | $0.47 | Quarterly |
| 2026-03-31 | 2026-03-31 | 2026-04-15 | 2026-03-13 | $0.47 | Quarterly |
| 2025-12-31 | 2025-12-31 | 2026-01-15 | 2025-12-15 | $0.47 | Quarterly |
| 2025-09-30 | 2025-09-30 | 2025-10-15 | 2025-09-15 | $0.47 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-15 | 2025-06-13 | $0.47 | Quarterly |
| 2025-03-31 | 2025-03-31 | 2025-04-15 | 2025-03-14 | $0.47 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-15 | 2024-12-13 | $0.47 | Quarterly |
| 2024-09-30 | 2024-09-30 | 2024-10-15 | 2024-07-24 | $0.47 | Quarterly |
| 2024-06-28 | 2024-06-28 | 2024-07-15 | 2024-06-14 | $0.62 | Quarterly |
| 2024-03-27 | 2024-03-28 | 2024-04-15 | 2024-03-15 | $0.62 | Quarterly |
| 2023-12-28 | 2023-12-29 | 2024-01-16 | 2023-12-15 | $0.62 | Quarterly |
| 2023-09-28 | 2023-09-29 | 2023-10-13 | 2023-09-15 | $0.62 | Quarterly |
| 2023-06-29 | 2023-06-30 | 2023-07-14 | 2023-06-15 | $0.62 | Quarterly |
| 2023-03-30 | 2023-03-31 | 2023-04-14 | 2023-03-15 | $0.62 | Quarterly |
| 2022-12-29 | 2022-12-30 | 2023-01-13 | 2022-12-15 | $0.62 | Quarterly |
| 2022-09-29 | 2022-09-30 | 2022-10-14 | 2022-09-15 | $0.62 | Quarterly |
| 2022-06-29 | 2022-06-30 | 2022-07-15 | 2022-06-15 | $0.62 | Quarterly |
| 2022-03-30 | 2022-03-31 | 2022-04-14 | 2022-03-15 | $0.62 | Quarterly |
| 2021-12-30 | 2021-12-31 | 2022-01-14 | 2021-12-15 | $0.62 | Quarterly |
| 2021-09-29 | 2021-09-30 | 2021-10-15 | 2021-09-15 | $0.62 | Quarterly |
| 2021-06-29 | 2021-06-30 | 2021-07-15 | 2021-06-15 | $0.62 | Quarterly |
| 2021-03-30 | 2021-03-31 | 2021-04-15 | 2021-03-15 | $0.62 | Quarterly |
| 2020-12-30 | 2020-12-31 | 2021-01-15 | 2020-12-15 | $0.62 | Quarterly |
| 2020-09-29 | 2020-09-30 | 2020-10-15 | 2020-09-15 | $0.62 | Quarterly |
Coverage (payout of operating cash flow): 116.51%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.