Blackstone Mortgage Trust (BXMT) EV to EBITDA (2010 - 2026)
Blackstone Mortgage Trust's (BXMT) quarterly EV to EBITDA came in at 16.35 in Q2 2026, up 52.57% year-over-year from 10.72 in Q2 2025, and up 31.32% quarter-over-quarter from 12.45 in Q1 2026.
Analysis
Blackstone Mortgage Trust (BXMT) EV to EBITDA (2010 - 2026) Analysis & Trends
Blackstone Mortgage Trust (BXMT) has reported EV to EBITDA for 17 consecutive years, with 16.35 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to EBITDA rose 52.57% year-over-year to 16.35 in Q2 2026; TTM through Jun 2026 was 2.55, a 3.6% decrease from a year earlier, with the FY2025 full-year figure at 2.51, up 1.87% from the prior year.
- EV to EBITDA was 16.35 for Q2 2026 at Blackstone Mortgage Trust, up from 12.45 in the prior quarter.
- Over five years, EV to EBITDA peaked at 25.51 in Q1 2022 and troughed at 5.91 in Q1 2023.
- A 5-year average of 11.99 and a median of 10.95 in 2025 frame the typical range for EV to EBITDA.
- Across the five-year window, EV to EBITDA slumped 76.85% in 2023 and jumped 133.97% in 2024, its largest moves.
- Over 5 years, EV to EBITDA stood at 14.96 in 2022, then slumped by 36.0% to 9.58 in 2023, then retreated by 12.72% to 8.36 in 2024, then gained by 20.55% to 10.08 in 2025, then jumped by 62.3% to 16.35 in 2026.
- The last three EV to EBITDA figures came in at 16.35 (Q2 2026), 12.45 (Q1 2026), and 10.08 (Q4 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 |
|---|---|
| Jun 30, 2026 | 16.35 |
| Mar 31, 2026 | 12.45 |
| Dec 31, 2025 | 10.08 |
| Sep 30, 2025 | 8.88 |
| Jun 30, 2025 | 10.72 |
| Mar 31, 2025 | 11.42 |
| Dec 31, 2024 | 8.36 |
| Sep 30, 2024 | 11.19 |
| Jun 30, 2024 | 9.52 |
| Mar 31, 2024 | 13.82 |
| Dec 31, 2023 | 9.58 |
| Sep 30, 2023 | 8.67 |
| Jun 30, 2023 | 6.98 |
| Mar 31, 2023 | 5.91 |
| Dec 31, 2022 | 14.96 |
| Sep 30, 2022 | 12.17 |
| Jun 30, 2022 | 19.26 |
| Mar 31, 2022 | 25.51 |
| Dec 31, 2021 | 20.88 |
| Sep 30, 2021 | 27.42 |