Blackstone Mortgage Trust (BXMT) Interest Coverage Ratio (2010 - 2026)
Blackstone Mortgage Trust's (BXMT) Interest Coverage Ratio stood at 0.65 in Q2 2026, down 36.6% from 1.03 a year earlier and down 33.1% from the prior quarter.
Blackstone Mortgage Trust (BXMT) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
On a TTM basis, Blackstone Mortgage Trust's Interest Coverage Ratio came in at 1.02 as of Jun 30, 2026, up 3.2% year-over-year; for FY2025, it came in at 1.11, up 31.8% from FY2024.
- Across earlier years, Interest Coverage Ratio came in at 0.85 in FY2024 (-28.8%), 1.19 in FY2023 (-12.6%), 1.36 in FY2022 (-39.5%) and 2.24 in FY2021 (+59.6%).
- The Q2 2026 figure is the lowest quarterly Interest Coverage Ratio since Q1 2024.
- On a year-over-year basis, Interest Coverage Ratio rose in five of the last eight quarters, with growth averaging 10.8%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 55.4% in Q1 2025, against a decline of 63.8% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.98 (Q1 2026), 1.17 (Q4 2025) and 1.26 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.85 Bn | 44.35 Bn | - | 2.98 |
| 2 | Rocket Companies | 43.67 Bn | 29.35 Bn | - | 1.75 |
| 3 | Royalty Pharma | 33.56 Bn | 33.48 Bn | - | 1.42 |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | 1.15 |
| 5 | Synchrony Financial | 23.24 Bn | -44.73 Bn | - | 2.22 |
| 6 | Affirm Holdings | 22.66 Bn | 16.35 Bn | - | 1.24 |
| 7 | Royal Gold | 20.35 Bn | 19.57 Bn | 390.45 Mn | 27.97 |
| 8 | Annaly Capital Management | 15.27 Bn | 6.37 Bn | - | 1.63 |
| 9 | Ares Capital | 13.74 Bn | 11.17 Bn | - | - |
| 10 | Blackstone Mortgage Trust | 2.09 Bn | 283.93 Mn | - | 0.65 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.65 |
| Mar 31, 2026 | 0.98 |
| Dec 31, 2025 | 1.17 |
| Sep 30, 2025 | 1.26 |
| Jun 30, 2025 | 1.03 |
| Mar 31, 2025 | 1.00 |
| Dec 31, 2024 | 1.13 |
| Sep 30, 2024 | 0.83 |
| Jun 30, 2024 | 0.83 |
| Mar 31, 2024 | 0.64 |
| Dec 31, 2023 | 1.00 |
| Sep 30, 2023 | 1.09 |
| Jun 30, 2023 | 1.30 |
| Mar 31, 2023 | 1.38 |
| Dec 31, 2022 | 0.83 |
| Sep 30, 2022 | 1.52 |
| Jun 30, 2022 | 1.69 |
| Mar 31, 2022 | 2.00 |
| Dec 31, 2021 | 2.29 |
| Sep 30, 2021 | 2.02 |
Blackstone Mortgage Trust Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=BXMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "BXMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=BXMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();