Blackstone Mortgage Trust (BXMT) Convertible Debt (2013 - 2025)
Blackstone Mortgage Trust's (BXMT) quarterly Convertible Debt came in at $264.5 million in Q3 2025, little changed year-on-year from $263.3 million in Q3 2024, and little changed on a QoQ basis from $264.2 million in Q2 2025.
Blackstone Mortgage Trust (BXMT) Convertible Debt (2013 - 2025) Analysis & Trends
Blackstone Mortgage Trust (BXMT) has 8 years of Convertible Debt data on file, last reported at $264.5 million in Q3 2025.
- On a quarterly basis, Convertible Debt changed 0.43% year-over-year to $264.5 million in Q3 2025; TTM through Sep 2025 was $264.5 million, a 0.43% change from a year earlier, with the FY2024 full-year figure at $263.6 million, down 10.89% from the prior year.
- Convertible Debt for Q3 2025 stood at $264.5 million, roughly flat from $264.2 million in the prior quarter.
- Over the last five years, Convertible Debt for BXMT reached as high as $619.0 million in Q3 2021 and fell as low as $263.3 million in Q3 2024.
- Historically, Convertible Debt has averaged $376.6 million across 4 years, with a median of $280.2 million in 2023.
- Across the five-year window, Convertible Debt increased 0.56% in 2021 and retreated 10.9% in 2025, its largest moves.
- Year by year, Convertible Debt stood at $619.0 million in 2021, then tumbled by 52.2% to $295.8 million in 2023, then fell by 10.89% to $263.6 million in 2024, then grew by 0.32% to $264.5 million in 2025.
- Per Business Quant data, the three most recent Convertible Debt figures were $264.5 million in Q3 2025, $264.2 million in Q2 2025, and $263.9 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - |
| 10 | Ladder Capital | 1.20 Bn | 1.17 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 264.46 Mn |
| Jun 30, 2025 | 264.18 Mn |
| Mar 31, 2025 | 263.90 Mn |
| Dec 31, 2024 | 263.62 Mn |
| Sep 30, 2024 | 263.33 Mn |
| Jun 30, 2024 | 296.49 Mn |
| Dec 31, 2023 | 295.85 Mn |
| Sep 30, 2021 | 618.99 Mn |
| Jun 30, 2021 | 618.11 Mn |
| Mar 31, 2021 | 617.24 Mn |
| Dec 31, 2020 | 616.39 Mn |
| Sep 30, 2020 | 615.54 Mn |
| Jun 30, 2020 | 614.71 Mn |
| Mar 31, 2020 | 613.88 Mn |
| Dec 31, 2019 | 613.07 Mn |
| Sep 30, 2019 | 612.26 Mn |
| Jun 30, 2019 | 611.47 Mn |
| Mar 31, 2019 | 610.68 Mn |
| Dec 31, 2018 | 609.91 Mn |
| Dec 31, 2013 | 159.52 Mn |