Blackstone Mortgage Trust (BXMT) EV to FCF (2011 - 2026)
Blackstone Mortgage Trust's EV to FCF came in at 6.87 for Q2 2026, down 22.5% from 8.87 a year earlier and down 11.6% from the prior quarter.
Blackstone Mortgage Trust (BXMT) EV to FCF (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Blackstone Mortgage Trust reported EV to FCF of 2.97, down 39.2% year-over-year; for FY2025, it came in at 10.05, up 36.8% from FY2024.
- Going back by year, EV to FCF was 7.35 in FY2024 (+0.5%), 7.31 in FY2023 (-13.9%), 8.49 in FY2022 (-29.9%) and 12.10 in FY2021 (+8.1%).
- The Q2 2026 figure represents the lowest quarterly EV to FCF since Q2 2024.
- Year-over-year, EV to FCF increased in seven of the last eight quarters, with growth averaging 17.2%.
- The fastest year-over-year change in EV to FCF over five years came in Q3 2021 (growth of 66.5%), and the weakest in Q1 2023 (a decline of 52.9%).
- Business Quant data shows BXMT's EV to FCF at 7.78 (Q1 2026), 10.05 (Q4 2025) and 12.37 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - |
| 10 | Blackstone Mortgage Trust | 1.93 Bn | 118.75 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.87 |
| Mar 31, 2026 | 7.78 |
| Dec 31, 2025 | 10.05 |
| Sep 30, 2025 | 12.37 |
| Jun 30, 2025 | 8.87 |
| Mar 31, 2025 | 7.44 |
| Dec 31, 2024 | 7.35 |
| Sep 30, 2024 | 7.59 |
| Jun 30, 2024 | 6.39 |
| Mar 31, 2024 | 6.90 |
| Dec 31, 2023 | 7.31 |
| Sep 30, 2023 | 7.01 |
| Jun 30, 2023 | 6.97 |
| Mar 31, 2023 | 6.21 |
| Dec 31, 2022 | 8.49 |
| Sep 30, 2022 | 9.50 |
| Jun 30, 2022 | 11.12 |
| Mar 31, 2022 | 13.17 |
| Dec 31, 2021 | 12.10 |
| Sep 30, 2021 | 13.88 |
Blackstone Mortgage Trust EV to FCF 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=ev-to-fcf&ticker=BXMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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=ev-to-fcf&ticker=BXMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();