Blackstone Mortgage Trust (BXMT) Debt Ratio (2010 - 2026)

Blackstone Mortgage Trust's (BXMT) quarterly Debt Ratio came in at 0.04 in Q1 2026, down 54.05% year-on-year from 0.09 in Q1 2025, and up 1.56% on a QoQ basis from 0.04 in Q4 2025.

Blackstone Mortgage Trust (BXMT) Debt Ratio (2010 - 2026) Analysis & Trends

Blackstone Mortgage Trust (BXMT) has 13 years of Debt Ratio data on file, last reported at 0.04 in Q1 2026.

  • On a quarterly basis, Debt Ratio fell 54.05% year-over-year to 0.04 in Q1 2026; TTM through Mar 2026 was 0.04, a 54.05% decrease from a year earlier, with the FY2025 full-year figure at 0.04, up 0.77% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.04, up from 0.04 in the prior quarter.
  • Over the last five years, Debt Ratio for BXMT reached as high as 0.54 in Q1 2022 and fell as low as 0.01 in Q2 2024.
  • Historically, Debt Ratio has averaged 0.11 across 5 years, with a median of 0.04 in 2025.
  • Across the five-year window, Debt Ratio jumped 2579.31% in 2023 and slumped 97.24% in 2024, its largest moves.
  • Year by year, Debt Ratio stood at 0.08 in 2022, then tumbled by 81.9% to 0.02 in 2023, then surged by 157.99% to 0.04 in 2024, then climbed by 0.77% to 0.04 in 2025, then gained by 1.56% to 0.04 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.04 in Q1 2026, 0.04 in Q4 2025, and 0.04 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 0.01
2 AGNC Investment 11.85 Bn 11.36 Bn - 0.74
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 0.30
4 Rithm Capital 5.01 Bn 5.01 Bn - -
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 0.04
6 Ellington Financial 1.63 Bn 1.51 Bn - 0.01
7 Dynex Capital 1.56 Bn 1.05 Bn - -
8 Armour Residential REIT 1.42 Bn 1.34 Bn - 0.85
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 0.01
10 Ladder Capital 1.20 Bn 1.17 Bn - 0.72

Historic Data

Download Data
DateValue
Mar 31, 2026 0.04
Dec 31, 2025 0.04
Sep 30, 2025 0.04
Jun 30, 2025 0.04
Mar 31, 2025 0.09
Dec 31, 2024 0.04
Sep 30, 2024 0.10
Jun 30, 2024 0.01
Mar 31, 2024 0.09
Dec 31, 2023 0.02
Sep 30, 2023 0.09
Jun 30, 2023 0.54
Mar 31, 2023 0.08
Dec 31, 2022 0.08
Sep 30, 2022 0.02
Jun 30, 2022 0.02
Mar 31, 2022 0.54
Dec 31, 2021 0.54
Sep 30, 2021 0.54
Jun 30, 2021 0.49