Blackstone Mortgage Trust (BXMT) Tax Rate (2010 - 2026)

Blackstone Mortgage Trust's (BXMT) quarterly Tax Rate came in at 22.35% in Q1 2026, down 21308.0% year-on-year from N/an in Q1 2025, and down 1595.84% on a QoQ basis from 1.49% 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.

  • On a quarterly basis, Tax Rate fell 21308.0% year-over-year to 22.35% in Q1 2026; TTM through Mar 2026 was 3.87%, a 658.0% increase from a year earlier, with the FY2025 full-year figure at 3.26%, up 447.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 22.35%, down from 1.49% in the prior quarter.
  • Over the last five years, Tax Rate for BXMT reached as high as 190.74% in Q1 2025 and fell as low as 65.09% in Q4 2023.
  • Historically, Tax Rate has averaged 7.13% across 5 years, with a median of 0.79% in 2022.
  • Across the five-year window, Tax Rate surged 19156 bps in 2025 and plunged 21308 bps in 2026, its largest moves.
  • Year by year, Tax Rate stood at 1.96% in 2022, then sank by 3220 bps to 65.09% in 2023, then jumped by 98 bps to 1.17% in 2024, then jumped by 228 bps to 1.49% in 2025, then plunged by 1596 bps to 22.35% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 22.35% in Q1 2026, 1.49% in Q4 2025, and 2.33% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - -0.53%
2 AGNC Investment 11.85 Bn 11.36 Bn - -
3 Starwood Property Trust 5.99 Bn 5.94 Bn - -7.38%
4 Rithm Capital 5.01 Bn 5.01 Bn - 29.02%
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - -22.35%
6 Ellington Financial 1.63 Bn 1.51 Bn - 1.10%
7 Dynex Capital 1.56 Bn 1.05 Bn - -
8 Armour Residential REIT 1.42 Bn 1.34 Bn - -
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 11.28%
10 Ladder Capital 1.20 Bn 1.17 Bn - 17.86%

Historic Data

Download Data
DateValue
Mar 31, 2026 -22.35%
Mar 31, 2026 -22.35%
Mar 31, 2026 -22.35%
Dec 31, 2025 1.49%
Dec 31, 2025 1.49%
Dec 31, 2025 1.49%
Sep 30, 2025 2.33%
Sep 30, 2025 2.33%
Sep 30, 2025 2.33%
Jun 30, 2025 11.45%
Jun 30, 2025 11.45%
Jun 30, 2025 11.45%
Mar 31, 2025 190.74%
Mar 31, 2025 190.74%
Mar 31, 2025 190.74%
Dec 31, 2024 -1.17%
Dec 31, 2024 -1.17%
Dec 31, 2024 -1.17%
Sep 30, 2024 -1.11%
Sep 30, 2024 -1.11%