Blackstone Mortgage Trust (BXMT) EBITDA (2023 - 2026)
Blackstone Mortgage Trust (BXMT) reported EBITDA of $168.73 million for Q2 2026, down 41.7% from $289.25 million a year earlier and down 28.6% from the prior quarter.
Blackstone Mortgage Trust (BXMT) EBITDA (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Blackstone Mortgage Trust's EBITDA came in at $1.03 billion, down 10.3% year-over-year; for FY2025, it came in at $1.17 billion, up 6.5% from FY2024.
- EBITDA has a three-year compound annual growth rate of 6.7% (FY2022 to FY2025).
- By year, EBITDA came in at $1.1 billion in FY2024 (-32.2%), $1.62 billion in FY2023 (+68.1%) and $964.96 million in FY2022.
- The Q2 2026 figure ranks as the lowest quarterly EBITDA in data going back to Q4 2023.
- Year over year, EBITDA has now declined in each of the last three quarters, with an average decline of 3.5% over the last seven quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at $236.44 million (Q1 2026), $295.98 million (Q4 2025) and $327.02 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.85 Bn | 44.35 Bn | - | - |
| 2 | Rocket Companies | 43.67 Bn | 29.35 Bn | - | 800.00 Mn |
| 3 | Royalty Pharma | 33.56 Bn | 33.48 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | - |
| 5 | Synchrony Financial | 23.24 Bn | -44.73 Bn | - | 2.31 Bn |
| 6 | Affirm Holdings | 22.66 Bn | 16.35 Bn | - | 234.61 Mn |
| 7 | Royal Gold | 20.35 Bn | 19.57 Bn | 390.45 Mn | 376.14 Mn |
| 8 | Annaly Capital Management | 15.27 Bn | 6.37 Bn | - | 2.17 Bn |
| 9 | Ares Capital | 13.74 Bn | 11.17 Bn | - | - |
| 10 | Blackstone Mortgage Trust | 2.09 Bn | 283.93 Mn | - | 168.73 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 168.73 Mn |
| Mar 31, 2026 | 236.44 Mn |
| Dec 31, 2025 | 295.98 Mn |
| Sep 30, 2025 | 327.02 Mn |
| Jun 30, 2025 | 289.25 Mn |
| Mar 31, 2025 | 258.88 Mn |
| Dec 31, 2024 | 330.24 Mn |
| Sep 30, 2024 | 267.54 Mn |
| Jun 30, 2024 | 280.58 Mn |
| Mar 31, 2024 | 221.56 Mn |
| Dec 31, 2023 | 350.22 Mn |
Blackstone Mortgage Trust EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=BXMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "BXMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=BXMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();