Blackstone Mortgage Trust (BXMT) Tax Rate (2010 - 2026)
Blackstone Mortgage Trust (BXMT) reported Tax Rate of 22.35% for Q1 2026, down 21799.0% year-over-year from N/an in Q1 2025, and down 1682.9% quarter-over-quarter from 1.41% in Q4 2025.
Blackstone Mortgage Trust (BXMT) Tax Rate (2010 - 2026) Analysis & Trends
Blackstone Mortgage Trust (BXMT) has 17 years of Tax Rate data on file, last reported at 22.35% in Q1 2026.
- Tax Rate for Q1 2026 came in at 22.35%, down 21799.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.83% (up 655.0% YoY), and the FY2025 annual result was 3.26%, up 445.0% from the prior year.
- Tax Rate eased to 22.35% in Q1 2026 per BXMT's latest filing, from 1.41% in the prior quarter.
- Over five years, Tax Rate peaked at 195.64% in Q1 2025 and troughed at 68.73% in Q4 2023.
- A 5-year average of 7.19% and a median of 0.79% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2025 and 2026: Tax Rate soared 19646 bps in 2025, then plunged 21799 bps in 2026.
- A 5-year view of Tax Rate shows it stood at 2.04% in 2022, then sank by 3271 bps to 68.73% in 2023, then surged by 98 bps to 1.24% in 2024, then jumped by 214 bps to 1.41% in 2025, then tumbled by 1683 bps to 22.35% in 2026.
- Business Quant data shows BXMT's Tax Rate at 22.35% in Q1 2026, 1.41% in Q4 2025, and 2.31% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | -0.53% |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | -7.38% |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 29.02% |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | -22.35% |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 1.06% |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 11.28% |
| 10 | Ladder Capital | 1.28 Bn | 1.25 Bn | - | 17.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -22.35% |
| Mar 31, 2026 | -22.35% |
| Dec 31, 2025 | 1.41% |
| Dec 31, 2025 | 1.41% |
| Sep 30, 2025 | 2.31% |
| Sep 30, 2025 | 2.31% |
| Jun 30, 2025 | 11.45% |
| Jun 30, 2025 | 11.45% |
| Mar 31, 2025 | 195.64% |
| Mar 31, 2025 | 195.64% |
| Dec 31, 2024 | -1.24% |
| Dec 31, 2024 | -1.24% |
| Sep 30, 2024 | -1.11% |
| Sep 30, 2024 | -1.11% |
| Jun 30, 2024 | -2.06% |
| Jun 30, 2024 | -2.06% |
| Mar 31, 2024 | -0.82% |
| Mar 31, 2024 | -0.82% |
| Dec 31, 2023 | -68.73% |
| Dec 31, 2023 | -68.73% |