Blackstone Mortgage Trust (BXMT) Net Margin (2010 - 2026)
Blackstone Mortgage Trust's (BXMT) quarterly Net Margin came in at 39.93% in Q2 2026, up 4388.0% year-over-year from 0.89% in Q2 2025, and up 628.13% quarter-over-quarter from 5.48% in Q1 2026.
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Analysis
Blackstone Mortgage Trust (BXMT) Net Margin (2010 - 2026) Analysis & Trends
Blackstone Mortgage Trust (BXMT) has reported Net Margin for 7 consecutive years, with 39.93% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 4388.0% year-over-year to 39.93% in Q2 2026; TTM through Jun 2026 was 2.91%, a 427.0% decrease from a year earlier, with the FY2025 full-year figure at 19.98%, down 3516.0% from the prior year.
- Net Margin was 39.93% for Q2 2026 at Blackstone Mortgage Trust, up from 5.48% in the prior quarter.
- Over five years, Net Margin peaked at 39.93% in Q2 2026 and troughed at 55.94% in Q3 2025.
- A 4-year average of 6.46% and a median of 0.17% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin sank 7225 bps in 2025 and surged 4388 bps in 2026, its largest moves.
- Over 4 years, Net Margin stood at 0.56% in 2023, then plunged by 3428 bps to 19.69% in 2024, then slumped by 114 bps to 42.13% in 2025, then surged by 195 bps to 39.93% in 2026.
- The last three Net Margin figures came in at 39.93% (Q2 2026), 5.48% (Q1 2026), and 42.13% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | - |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 2.92% |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 1.57% |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 34.76% |
| 10 | Orchid Island Capital | 1.32 Bn | 637.53 Mn | 61.82 Mn | 142.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.93% |
| Mar 31, 2026 | 5.48% |
| Dec 31, 2025 | -42.13% |
| Sep 30, 2025 | -55.94% |
| Jun 30, 2025 | -3.95% |
| Mar 31, 2025 | 0.21% |
| Dec 31, 2024 | -19.69% |
| Sep 30, 2024 | 16.32% |
| Jun 30, 2024 | 16.49% |
| Mar 31, 2024 | -42.80% |
| Dec 31, 2023 | -0.56% |
| Sep 30, 2023 | 9.11% |
| Sep 30, 2012 | 120.61% |
| Jun 30, 2012 | 32.94% |
| Mar 31, 2012 | 767.55% |
| Dec 31, 2011 | -113.69% |
| Sep 30, 2011 | 28.61% |
| Jun 30, 2011 | 18.00% |
| Mar 31, 2011 | 652.93% |
| Dec 31, 2010 | 65.85% |