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
DateValue
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