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| Date | Value |
|---|---|
| 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% |