Blackstone Mortgage Trust (BXMT) Invested Capital (2009 - 2026)
Blackstone Mortgage Trust (BXMT) reported Invested Capital of $3.9 billion for Q1 2026, down 13.72% year-over-year from $4.5 billion in Q1 2025, and down 10.07% quarter-over-quarter from $4.3 billion in Q4 2025.
Blackstone Mortgage Trust (BXMT) Invested Capital (2009 - 2026) Analysis & Trends
Blackstone Mortgage Trust (BXMT) has 16 years of Invested Capital data on file, last reported at $3.9 billion in Q1 2026.
- Invested Capital for Q1 2026 came in at $3.9 billion, down 13.72% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.9 billion (down 13.72% YoY), and the FY2025 annual result was $4.3 billion, down 67.93% from the prior year.
- Invested Capital retreated to $3.9 billion in Q1 2026 per BXMT's latest filing, from $4.3 billion in the prior quarter.
- Over five years, Invested Capital peaked at $22.3 billion in Q1 2023 and troughed at $3.9 billion in Q1 2026.
- A 5-year average of $11.7 billion and a median of $6.3 billion in 2024 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2022 and 2024: Invested Capital surged 434.32% in 2022, then tumbled 78.52% in 2024.
- A 5-year view of Invested Capital shows it stood at $4.9 billion in 2022, then rose by 3.29% to $5.1 billion in 2023, then jumped by 164.42% to $13.5 billion in 2024, then plunged by 67.93% to $4.3 billion in 2025, then declined by 10.07% to $3.9 billion in 2026.
- Business Quant data shows BXMT's Invested Capital at $3.9 billion in Q1 2026, $4.3 billion in Q4 2025, and $4.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 16.27 Bn |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 12.18 Bn |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 6.99 Bn |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 215,000.00 |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 3.89 Bn |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | 2.72 Bn |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 2.34 Bn |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 2.60 Bn |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 1.73 Bn |
| 10 | Ladder Capital | 1.28 Bn | 1.25 Bn | - | 1.45 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.89 Bn |
| Dec 31, 2025 | 4.33 Bn |
| Sep 30, 2025 | 4.21 Bn |
| Jun 30, 2025 | 14.31 Bn |
| Mar 31, 2025 | 4.51 Bn |
| Dec 31, 2024 | 13.49 Bn |
| Sep 30, 2024 | 4.52 Bn |
| Jun 30, 2024 | 6.33 Bn |
| Mar 31, 2024 | 20.40 Bn |
| Dec 31, 2023 | 5.10 Bn |
| Sep 30, 2023 | 21.05 Bn |
| Jun 30, 2023 | 21.74 Bn |
| Mar 31, 2023 | 22.29 Bn |
| Dec 31, 2022 | 4.94 Bn |
| Sep 30, 2022 | 21.61 Bn |
| Jun 30, 2022 | 4.70 Bn |
| Mar 31, 2022 | 20.86 Bn |
| Dec 31, 2021 | 5.01 Bn |
| Sep 30, 2021 | 4.27 Bn |
| Jun 30, 2021 | 3.96 Bn |