Blackstone Mortgage Trust (BXMT) Debt to Equity (2010 - 2026)
Blackstone Mortgage Trust (BXMT) reported Debt to Equity of $0.23 for Q1 2026, down 51.18% year-over-year from $0.47 in Q1 2025, and up 2.27% quarter-over-quarter from $0.22 in Q4 2025.
Blackstone Mortgage Trust (BXMT) Debt to Equity (2010 - 2026) Analysis & Trends
Blackstone Mortgage Trust (BXMT) has 15 years of Debt to Equity data on file, last reported at $0.23 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.23, down 51.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.23 (down 51.18% YoY), and the FY2025 annual result was $0.22, up 10.21% from the prior year.
- Debt to Equity climbed to $0.23 in Q1 2026 per BXMT's latest filing, from $0.22 in the prior quarter.
- Over five years, Debt to Equity peaked at $0.54 in Q3 2024 and troughed at $0.08 in Q1 2024.
- A 5-year average of $0.26 and a median of $0.22 in 2025 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2024 and 2025: Debt to Equity slumped 82.52% in 2024, then jumped 479.63% in 2025.
- A 5-year view of Debt to Equity shows it stood at $0.09 in 2022, then surged by 450.83% to $0.48 in 2023, then sank by 57.58% to $0.2 in 2024, then rose by 10.21% to $0.22 in 2025, then climbed by 2.27% to $0.23 in 2026.
- Business Quant data shows BXMT's Debt to Equity at $0.23 in Q1 2026, $0.22 in Q4 2025, and $0.22 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 1.89 |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 7.19 |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 0.61 |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 0.23 |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 7.90 |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 0.06 |
| 10 | Ladder Capital | 1.28 Bn | 1.25 Bn | - | 2.78 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.23 |
| Dec 31, 2025 | 0.22 |
| Sep 30, 2025 | 0.22 |
| Jun 30, 2025 | 0.22 |
| Mar 31, 2025 | 0.47 |
| Dec 31, 2024 | 0.20 |
| Sep 30, 2024 | 0.54 |
| Jun 30, 2024 | 0.08 |
| Mar 31, 2024 | 0.08 |
| Dec 31, 2023 | 0.48 |
| Sep 30, 2023 | 0.47 |
| Jun 30, 2023 | 0.09 |
| Mar 31, 2023 | 0.46 |
| Dec 31, 2022 | 0.09 |
| Sep 30, 2022 | 0.08 |
| Jun 30, 2022 | 0.39 |
| Mar 31, 2022 | 0.08 |
| Dec 31, 2021 | 0.09 |
| Sep 30, 2021 | 0.31 |
| Jun 30, 2021 | 0.34 |