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
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
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