Blackstone Mortgage Trust (BXMT) Free Cash Flow (2010 - 2026)
Blackstone Mortgage Trust's (BXMT) quarterly Free Cash Flow came in at $169.7 million in Q1 2026, up 68.86% year-on-year from $100.5 million in Q1 2025, and up 24.52% on a QoQ basis 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.
- On a quarterly basis, Free Cash Flow rose 68.86% year-over-year to $169.7 million in Q1 2026; TTM through Mar 2026 was $345.1 million, a 7.32% decrease from a year earlier, with the FY2025 full-year figure at $275.9 million, down 24.72% from the prior year.
- Free Cash Flow for Q1 2026 stood at $169.7 million, up from $136.3 million in the prior quarter.
- Over the last five years, Free Cash Flow for BXMT reached as high as $169.7 million in Q1 2026 and fell as low as -$18.2 million in Q3 2025.
- Historically, Free Cash Flow has averaged $98.1 million across 5 years, with a median of $100.2 million in 2024.
- Across the five-year window, Free Cash Flow tumbled 120.87% in 2025 and jumped 68.86% in 2026, its largest moves.
- Year by year, Free Cash Flow stood at $130.2 million in 2022, then declined by 14.63% to $111.2 million in 2023, then declined by 23.94% to $84.5 million in 2024, then soared by 61.23% to $136.3 million in 2025, then climbed by 24.52% to $169.7 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $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 | 16.30 Bn | 14.44 Bn | - | -8.60 Bn |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 387.00 Mn |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 93.56 Mn |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | -16.07 Mn |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 169.73 Mn |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | -9.79 Mn |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | 69.85 Mn |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 210.18 Mn |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 56.58 Mn |
| 10 | Ladder Capital | 1.20 Bn | 1.17 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 |