Blackstone Mortgage Trust (BXMT) Free Cash Flow (2010 - 2026)
Blackstone Mortgage Trust (BXMT) reported Free Cash Flow of $169.7 million for Q1 2026, up 68.86% year-over-year from $100.5 million in Q1 2025, and up 24.52% quarter-over-quarter from $136.3 million in Q4 2025.
Blackstone Mortgage Trust (BXMT) Free Cash Flow (2010 - 2026) Analysis & Trends
Blackstone Mortgage Trust (BXMT) has 17 years of Free Cash Flow data on file, last reported at $169.7 million in Q1 2026.
- Free Cash Flow for Q1 2026 came in at $169.7 million, up 68.86% year-over-year; the trailing twelve-month figure through Mar 2026 was $345.1 million (down 7.32% YoY), and the FY2025 annual result was $275.9 million, down 24.72% from the prior year.
- Free Cash Flow improved to $169.7 million in Q1 2026 per BXMT's latest filing, from $136.3 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $169.7 million in Q1 2026 and troughed at -$18.2 million in Q3 2025.
- A 5-year average of $98.1 million and a median of $100.2 million in 2024 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2025 and 2026: Free Cash Flow sank 120.87% in 2025, then soared 68.86% in 2026.
- A 5-year view of Free Cash Flow shows it stood at $130.2 million in 2022, then decreased by 14.63% to $111.2 million in 2023, then decreased by 23.94% to $84.5 million in 2024, then soared by 61.23% to $136.3 million in 2025, then rose by 24.52% to $169.7 million in 2026.
- Business Quant data shows BXMT's Free Cash Flow at $169.7 million in Q1 2026, $136.3 million in Q4 2025, and -$18.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | -55.71 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 387.00 Mn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 93.56 Mn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 60.96 Mn |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 169.73 Mn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | 69.85 Mn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 111.56 Mn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | -17.01 Bn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | -488.96 Mn |
| 10 | Ladder Capital | 1.28 Bn | 1.25 Bn | - | -8.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 169.73 Mn |
| Mar 31, 2026 | 169.73 Mn |
| Dec 31, 2025 | 136.31 Mn |
| Dec 31, 2025 | 136.31 Mn |
| Sep 30, 2025 | -18.18 Mn |
| Sep 30, 2025 | -18.18 Mn |
| Jun 30, 2025 | 57.23 Mn |
| Jun 30, 2025 | 57.23 Mn |
| Mar 31, 2025 | 100.52 Mn |
| Mar 31, 2025 | 100.52 Mn |
| Dec 31, 2024 | 84.55 Mn |
| Dec 31, 2024 | 84.55 Mn |
| Sep 30, 2024 | 87.12 Mn |
| Sep 30, 2024 | 87.12 Mn |
| Jun 30, 2024 | 100.18 Mn |
| Jun 30, 2024 | 100.18 Mn |
| Mar 31, 2024 | 94.61 Mn |
| Mar 31, 2024 | 94.61 Mn |
| Dec 31, 2023 | 111.16 Mn |
| Dec 31, 2023 | 111.16 Mn |