Blackstone Mortgage Trust (BXMT) Convertible Debt (2013 - 2025)

Blackstone Mortgage Trust (BXMT) reported 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 9 years of Convertible Debt data on file, last reported at $264.5 million in Q3 2025.

  • Convertible Debt for Q3 2025 came in at $264.5 million, changed 0.43% year-over-year; the trailing twelve-month figure through Sep 2025 was $264.5 million (changed 0.43% YoY), and the FY2024 annual result 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.
  • Over five years, Convertible Debt peaked at $850.1 million in Q1 2022 and troughed at $263.3 million in Q3 2024.
  • A 5-year average of $418.9 million and a median of $296.2 million in 2024 frame the typical range for Convertible Debt.
  • The sharpest annual moves came in 2022 and 2023: Convertible Debt jumped 37.72% in 2022, then tumbled 65.31% in 2023.
  • A 5-year view of Convertible Debt shows it stood at $619.9 million in 2021, then slipped by 17.04% to $514.3 million in 2022, then sank by 42.47% to $295.8 million in 2023, then slipped by 10.89% to $263.6 million in 2024, then gained 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 15.34 Bn 13.08 Bn -
2 AGNC Investment 11.42 Bn 10.75 Bn -
3 Starwood Property Trust 6.25 Bn 6.25 Bn -
4 Rithm Capital 5.08 Bn 4.78 Bn -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn -
6 Dynex Capital 2.58 Bn 1.80 Bn -
7 Armour Residential REIT 2.05 Bn 1.32 Bn -
8 Ellington Financial 1.67 Bn 1.39 Bn -
9 Two Harbors Investment 1.29 Bn 746.67 Mn -
10 Ladder Capital 1.28 Bn 1.25 Bn -

Historic Data

Download Data
DateValue
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
Mar 31, 2024 296.17 Mn
Dec 31, 2023 295.85 Mn
Sep 30, 2023 295.53 Mn
Jun 30, 2023 295.21 Mn
Mar 31, 2023 294.89 Mn
Dec 31, 2022 514.26 Mn
Sep 30, 2022 513.63 Mn
Jun 30, 2022 512.99 Mn
Mar 31, 2022 850.08 Mn
Dec 31, 2021 619.88 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