Blackstone Mortgage Trust (BXMT) Convertible Debt (2013 - 2025)
Blackstone Mortgage Trust (BXMT) posted quarterly Convertible Debt of $264.5 million for Q3 2025, little changed year-over-year from $263.3 million in Q3 2024, and little changed quarter-over-quarter from $264.2 million in Q2 2025.
Blackstone Mortgage Trust (BXMT) Convertible Debt (2013 - 2025) Analysis & Trends
Blackstone Mortgage Trust (BXMT) has reported Convertible Debt for 8 consecutive years, with $264.5 million the latest figure, recorded in Q3 2025.
- In Q3 2025, Convertible Debt changed 0.43% year-over-year to $264.5 million; the TTM figure through Sep 2025 stood at $264.5 million (changed 0.43% YoY), while the FY2024 annual figure was $263.6 million, down 10.89% from the prior year.
- Convertible Debt was little changed at $264.5 million in Q3 2025 per BXMT's latest filing, from $264.2 million in the prior quarter.
- Across five years, Convertible Debt topped out at $619.0 million in Q3 2021 and bottomed at $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.
- Annual changes were most pronounced in 2021 — Convertible Debt gained 0.56% — and 2025, when it slipped 10.9%.
- Blackstone Mortgage Trust's Convertible Debt stood at $619.0 million in 2021, then tumbled by 52.2% to $295.8 million in 2023, then dropped by 10.89% to $263.6 million in 2024, then advanced by 0.32% to $264.5 million in 2025.
- Business Quant data shows BXMT's Convertible Debt at $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 | 17.29 Bn | 14.38 Bn | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn |
| 10 | Two Harbors Investment | 1.26 Bn | 617.08 Mn | - |
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 |