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
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