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-over-year from $263.3 million in Q3 2024, and little changed quarter-over-quarter from $264.2 million in Q2 2025.
Analysis
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.
- 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 was $264.5 million for Q3 2025 at Blackstone Mortgage Trust, roughly flat from $264.2 million in the prior quarter.
- Over five years, Convertible Debt peaked at $619.0 million in Q3 2021 and troughed at $263.3 million in Q3 2024.
- A 4-year average of $376.6 million and a median of $280.2 million in 2023 frame the typical range for Convertible Debt.
- Across the five-year window, Convertible Debt rose 0.56% in 2021 and decreased 10.9% in 2025, its largest moves.
- Over 4 years, Convertible Debt stood at $619.0 million in 2021, then tumbled by 52.2% to $295.8 million in 2023, then decreased by 10.89% to $263.6 million in 2024, then rose by 0.32% to $264.5 million in 2025.
- The last three Convertible Debt figures came in at $264.5 million (Q3 2025), $264.2 million (Q2 2025), and $263.9 million (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - |
| 10 | Orchid Island Capital | 1.32 Bn | 637.53 Mn | 61.82 Mn |
Historic Data
Download Data
Historic 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 |