Blackstone Mortgage Trust (BXMT) FCF Margin (2010 - 2026)
Blackstone Mortgage Trust's (BXMT) quarterly FCF Margin came in at 32.04% in 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.
Analysis
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.
- On a quarterly basis, FCF Margin rose 35.0% year-over-year to 32.04% in Q2 2026; TTM through Jun 2026 was 66.96%, a 2926.0% decrease from a year earlier, with the FY2025 full-year figure at 50.29%, down 2274.0% from the prior year.
- FCF Margin was 32.04% for Q2 2026 at Blackstone Mortgage Trust, up from 145.84% in the prior quarter.
- Over five years, FCF Margin peaked at 36.14% in Q4 2023 and troughed at 145.84% in Q1 2026.
- A 4-year average of 32.94% and a median of 29.74% in 2024 frame the typical range for FCF Margin.
- The widest YoY moves for FCF Margin: up 4149 bps in 2025, down 10047 bps in 2025.
- Over 4 years, FCF Margin stood at 36.14% in 2023, then sank by 223 bps to 44.56% in 2024, then slumped by 225 bps to 145.03% in 2025, then soared by 78 bps to 32.04% in 2026.
- The last three FCF Margin figures came in at 32.04% (Q2 2026), 145.84% (Q1 2026), and 145.03% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (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 | - | -6.85% |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 5.00% |
| 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 | - | -15.55% |
| 10 | Orchid Island Capital | 1.32 Bn | 637.53 Mn | 61.82 Mn | 130.78% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -32.04% |
| Mar 31, 2026 | -145.84% |
| Dec 31, 2025 | -145.03% |
| Sep 30, 2025 | 16.04% |
| Jun 30, 2025 | -32.39% |
| Mar 31, 2025 | -60.96% |
| Dec 31, 2024 | -44.56% |
| Sep 30, 2024 | -25.45% |
| 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 | 71.46% |
| Sep 30, 2011 | 23.90% |
| Jun 30, 2011 | 23.63% |
| Mar 31, 2011 | 10.97% |
| Dec 31, 2010 | 55.03% |