Blackstone Mortgage Trust (BXMT) Return on Invested Capital [ROIC] (2011 - 2026)
Blackstone Mortgage Trust's Return on Invested Capital [ROIC] came in at 15.92% for Q2 2026, down 6.55 percentage points from 22.46% a year earlier and down 8.43 percentage points from the prior quarter.
Powered by 
Analysis
Blackstone Mortgage Trust (BXMT) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Blackstone Mortgage Trust's Return on Invested Capital [ROIC] was 24.08%, up 4.35 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +13.79 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 19.73% in FY2024 (-4.42 pp), 24.15% in FY2023 (+9.02 pp), 15.13% in FY2022 (+1.14 pp) and 13.99% in FY2021 (+3.70 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Invested Capital [ROIC] since Q1 2024.
- Year-over-year, Return on Invested Capital [ROIC] increased in five of the last eight quarters, with an average year-over-year change of +1.24 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q4 2023 (a gain of 9.76 percentage points), and the weakest in Q2 2026 (a drop of 6.55 percentage points).
- Business Quant data shows BXMT's Return on Invested Capital [ROIC] at 24.35% (Q1 2026), 24.59% (Q4 2025) and 25.51% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - | 3.08% |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - | 2.93% |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | - |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - | 5.55% |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - | 26.91% |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn | 9.67% |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - | 16.56% |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - | - |
| 10 | Blackstone Mortgage Trust | 1.84 Bn | 27.74 Mn | - | 15.92% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.92% |
| Mar 31, 2026 | 24.35% |
| Dec 31, 2025 | 24.59% |
| Sep 30, 2025 | 25.51% |
| Jun 30, 2025 | 22.46% |
| Mar 31, 2025 | 22.27% |
| Dec 31, 2024 | 20.74% |
| Sep 30, 2024 | 18.57% |
| Jun 30, 2024 | 20.03% |
| Mar 31, 2024 | 14.20% |
| Dec 31, 2023 | 24.27% |
| Sep 30, 2023 | 21.96% |
| Jun 30, 2023 | 20.87% |
| Mar 31, 2023 | 17.71% |
| Dec 31, 2022 | 14.50% |
| Sep 30, 2022 | 14.76% |
| Jun 30, 2022 | 13.14% |
| Mar 31, 2022 | 13.47% |
| Dec 31, 2021 | 13.20% |
| Sep 30, 2021 | 12.94% |
API Access
Blackstone Mortgage Trust Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=BXMT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=BXMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();