Blackstone Mortgage Trust (BXMT) FCF Margin (2010 - 2026)
Blackstone Mortgage Trust (BXMT) posted quarterly FCF Margin of 32.04% for Q2 2026, up 35.0% year-over-year from 23.73% in Q2 2025, and up 78.03% quarter-over-quarter from 145.84% in Q1 2026.
Blackstone Mortgage Trust (BXMT) FCF Margin (2010 - 2026) Analysis & Trends
Blackstone Mortgage Trust (BXMT) has reported FCF Margin for 7 consecutive years, with 32.04% the latest figure, recorded in Q2 2026.
- In Q2 2026, FCF Margin rose 35.0% year-over-year to 32.04%; the TTM figure through Jun 2026 stood at 109.75% (up 14732.0% YoY), while the FY2025 annual figure was 50.29%, down 2274.0% from the prior year.
- FCF Margin climbed to 32.04% in Q2 2026 per BXMT's latest filing, from 145.84% in the prior quarter.
- Across five years, FCF Margin topped out at 33.42% in Q3 2023 and bottomed at 145.84% in Q1 2026.
- Historically, FCF Margin has averaged 19.84% across 4 years, with a median of 26.45% in 2024.
- On a YoY basis, FCF Margin climbed as much as 6262 bps in 2025 and fell as far as 9268 bps in 2025.
- Blackstone Mortgage Trust's FCF Margin stood at 29.1% in 2023, then sank by 253 bps to 44.56% in 2024, then surged by 141 bps to 18.05% in 2025, then slumped by 277 bps to 32.04% in 2026.
- Business Quant data shows BXMT's FCF Margin at 32.04% in Q2 2026, 145.84% in Q1 2026, and 18.05% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 33.22% |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 5.00% |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | -32.04% |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | -15.55% |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 130.78% |
| 10 | Two Harbors Investment | 1.26 Bn | 617.08 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -32.04% |
| Mar 31, 2026 | -145.84% |
| Dec 31, 2025 | 67.43% |
| Sep 30, 2025 | 7.39% |
| Jun 30, 2025 | -32.43% |
| Mar 31, 2025 | -59.80% |
| Dec 31, 2024 | 46.22% |
| Sep 30, 2024 | -19.18% |
| Jun 30, 2024 | -27.45% |
| Mar 31, 2024 | 32.88% |
| Dec 31, 2023 | 36.14% |
| Sep 30, 2023 | 33.42% |
| Sep 30, 2012 | 47.59% |
| Jun 30, 2012 | 53.71% |
| Mar 31, 2012 | 6.98% |
| Dec 31, 2011 | 33.34% |
| Sep 30, 2011 | 23.90% |
| Jun 30, 2011 | 23.63% |
| Mar 31, 2011 | 10.97% |
| Dec 31, 2010 | 24.59% |