BXMT financial statements
The full income statement, balance sheet, and cash-flow statement for Blackstone Mortgage Trust Inc. (BXMT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 66.2M | — | 1.35B+7.2% | 1.26B | — | ||
| Lease income | 66.2M+653.4% | 8.79M | — | — | — | |
| Noninterest income | 553M+10.9% | 499M-26.2% | 675M+7.5% | 628M | — | |
| Selling, general & administrative | 52.2M-3.2% | 53.9M+5.4% | 51.1M-2.0% | 52.2M+20.9% | 43.2M-5.9% | |
| General & administrative | 52.2M-3.2% | 53.9M+5.4% | 51.1M-2.0% | 52.2M+20.9% | 43.2M-5.9% | |
| Noninterest expense | 335M+114.3% | 156M-8.1% | 170M+4.8% | 162M+23.4% | 132M+6.3% | |
| Interest expense | — | — | 1.37B+92.3% | 711M+109.0% | 340M-2.1% | |
| Interest & investment income | — | — | 2.04B+52.2% | 1.34B+56.7% | 855M+9.6% | |
| Net interest income | — | — | 671M+6.8% | 628M+22.1% | 514M+19.0% | |
| Equity-method income | 8.31M+402.3% | -2.75M | 0.00 | 0.00 | — | |
| Pre-tax income | 113M+156.8% | -199M-178.1% | 255M+0.5% | 254M-39.9% | 423M+200.3% | |
| Income tax | 3.67M+54.5% | 2.37M-55.7% | 5.36M+78.6% | 3.00M+609.9% | 423K+31.0% | |
| 110M+153.7% | -204M-182.8% | 247M-0.8% | 249M-40.7% | 419M+204.5% | ||
| Net income to non-controlling interest | 100K-95.6% | 2.25M-32.5% | 3.34M+38.4% | 2.42M-21.6% | 3.08M+12.2% | |
| Net income to common | 110M+153.7% | -204M | — | — | — | |
| $0.64+154.7% | -$1.17-181.8% | $1.43-2.1% | $1.46-47.3% | $2.77+185.6% | ||
| EPS (basic) | $0.64+154.7% | -$1.17-181.8% | $1.43-2.1% | $1.46-47.3% | $2.77+185.6% | |
| Weighted-avg shares (basic) | 171M-1.6% | 174M+0.6% | 173M+1.2% | 171M+12.6% | 152M+6.9% | |
| Weighted-avg shares (diluted) | 171M-1.6% | 174M+0.6% | 173M+1.2% | 171M+12.6% | 152M+6.9% | |
| Dividends per share | $1.88-13.8% | $2.18-12.1% | $2.48+0.0% | $2.48+0.0% | $2.48+0.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 453M+39.9% | 323M-7.6% | 350M+20.1% | 291M-47.1% | 551M+90.1% | |
| Total assets | 20.0B+1.0% | 19.8B-17.6% | 24.0B-5.2% | 25.4B+11.7% | 22.7B+33.9% | |
| 16.5B+3.1% | 16.0B-18.5% | 19.6B-5.6% | 20.8B+15.1% | 18.1B+38.5% | ||
| Long-term debt | 785M+1.8% | 771M-95.3% | 16.5B-6.1% | 17.6B+16.6% | 15.1B+51.0% | |
| 3.50B-7.6% | 3.79B-13.3% | 4.37B-3.3% | 4.52B-1.5% | 4.59B+18.1% | ||
| Common stock | 1.68M-2.6% | 1.73M-0.2% | 1.73M+0.9% | 1.72M+2.1% | 1.68M+14.6% | |
| Additional paid-in capital | 5.43B-1.5% | 5.51B+0.1% | 5.51B+0.6% | 5.48B+1.9% | 5.37B+14.3% | |
| Retained earnings | -1.95B-12.2% | -1.73B-50.6% | -1.15B-18.8% | -969M-21.9% | -795M+4.2% | |
| Accumulated other comprehensive income | 12.1M+46.5% | 8.27M-12.5% | 9.45M-5.7% | 10.0M+20.6% | 8.31M-25.6% | |
| Non-controlling interest | 5.48M-20.4% | 6.88M-65.2% | 19.8M-22.1% | 25.4M-16.8% | 30.5M+68.0% | |
| Total equity incl. non-controlling | 3.50B-7.6% | 3.79B-13.5% | 4.39B-3.4% | 4.54B-1.6% | 4.62B+18.3% | |
| Total liabilities & equity | 20.0B+1.0% | 19.8B-17.6% | 24.0B-5.2% | 25.4B+11.7% | 22.7B+33.9% | |
| Common shares issued | 168M-2.6% | 173M-0.2% | 173M+0.9% | 172M+2.1% | 168M+14.6% | |
| Common shares outstanding | 168M-2.6% | 173M-0.2% | 173M+0.9% | 172M+2.1% | 168M+14.6% | |
| Shares outstanding (cover) | 169M-1.7% | 172M-1.2% | 174M+0.8% | 172M+2.2% | 169M+14.7% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 276M-24.7% | 366M-20.1% | 459M+15.6% | 397M+3.7% | 382M+13.6% | ||
| Depreciation & amortization | 68.8M+631.8% | 9.41M | 0.00 | 0.00 | — | |
| Share-based compensation | 28.3M-11.2% | 31.8M+3.8% | 30.7M-8.3% | 33.4M+5.6% | 31.6M-8.4% | |
| 359M-89.7% | 3.50B+142.2% | 1.44B+144.4% | -3.25B+42.2% | -5.63B-6276.7% | ||
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| -514M+86.8% | -3.88B-110.1% | -1.85B-170.9% | 2.61B-52.7% | 5.51B+5072.7% | ||
| Long-term debt issued | 0.00-100.0% | 450M | 0.00 | 0.00-100.0% | 400M | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00-100.0% | 70.7M-88.9% | 638M+129.2% | |
| Common stock repurchased | 110M+274.6% | 29.2M | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 323M-20.1% | 404M-5.4% | 427M+1.3% | 421M+13.7% | 371M+6.2% | |
| FX effect on cash | 8.18M+210.8% | -7.39M-299.8% | 3.70M+135.8% | -10.3M-400.9% | -2.06M-189.9% | |
| Interest paid | 967M-23.4% | 1.26B-2.4% | 1.29B+112.5% | 608M+111.4% | 288M-7.8% | |
| Income taxes paid | 4.01M-10.6% | 4.48M-32.8% | 6.67M+886.4% | 676K+1026.0% | -73.0K-131.5% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 3.23B+8.1% | 2.99B-18.5% | 3.66B+1.3% | 3.62B-29.9% | 5.16B+27.5% | |
| P/E | 29.5× | — | 18.2×+111.3% | 8.6×-30.1% | 12.3×-58.1% | |
| P/S | 48.7×+1832.3% | 2.5×-13.5% | 2.9×-85.1% | 19.6×-29.9% | 27.9×+27.5% | |
| P/B | 0.9×+17.0% | 0.8×-3.8% | 0.8×+5.5% | 0.8×-31.0% | 1.1×+8.0% | |
| Earnings yield | 3.4% | — | 5.5%-52.7% | 11.6%+43.0% | 8.1%+138.7% | |
| Dividend yield | 9.8%-21.5% | 12.5%+7.4% | 11.7%-0.5% | 11.7%+44.6% | 8.1%-10.1% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: BXMT’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all BXMT filings on SEC EDGAR → Not investment advice.