Blackstone Mortgage Trust (BXMT) Total Debt (2010 - 2026)

Blackstone Mortgage Trust's (BXMT) quarterly Total Debt came in at $782.2 million in Q1 2026, down 54.8% year-on-year from $1.7 billion in Q1 2025, and little changed on a QoQ basis from $784.9 million in Q4 2025.

Blackstone Mortgage Trust (BXMT) Total Debt (2010 - 2026) Analysis & Trends

Blackstone Mortgage Trust (BXMT) has 15 years of Total Debt data on file, last reported at $782.2 million in Q1 2026.

  • On a quarterly basis, Total Debt fell 54.8% year-over-year to $782.2 million in Q1 2026; TTM through Mar 2026 was $782.2 million, a 54.8% decrease from a year earlier, with the FY2025 full-year figure at $784.9 million, up 1.8% from the prior year.
  • Total Debt for Q1 2026 stood at $782.2 million, roughly flat from $784.9 million in the prior quarter.
  • Over the last five years, Total Debt for BXMT reached as high as $13.4 billion in Q2 2023 and fell as low as $337.3 million in Q2 2024.
  • Historically, Total Debt has averaged $2.6 billion across 5 years, with a median of $785.2 million in 2025.
  • Across the five-year window, Total Debt surged 2518.17% in 2023 and tumbled 97.49% in 2024, its largest moves.
  • Year by year, Total Debt stood at $2.1 billion in 2022, then slumped by 82.84% to $362.8 million in 2023, then surged by 112.55% to $771.0 million in 2024, then rose by 1.8% to $784.9 million in 2025, then retreated by 0.34% to $782.2 million in 2026.
  • Per Business Quant data, the three most recent Total Debt figures were $782.2 million in Q1 2026, $784.9 million in Q4 2025, and $785.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - 1.10 Bn
2 AGNC Investment 11.85 Bn 11.36 Bn - 87.62 Bn
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 18.85 Bn
4 Rithm Capital 5.01 Bn 5.01 Bn - -
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 782.22 Mn
6 Ellington Financial 1.63 Bn 1.51 Bn - 264.44 Mn
7 Dynex Capital 1.56 Bn 1.05 Bn - -
8 Armour Residential REIT 1.42 Bn 1.34 Bn - 19.44 Bn
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 111.20 Mn
10 Ladder Capital 1.20 Bn 1.17 Bn - 4.03 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 782.22 Mn
Dec 31, 2025 784.88 Mn
Sep 30, 2025 785.22 Mn
Jun 30, 2025 784.07 Mn
Mar 31, 2025 1.73 Bn
Dec 31, 2024 771.04 Mn
Sep 30, 2024 2.09 Bn
Jun 30, 2024 337.34 Mn
Mar 31, 2024 2.10 Bn
Dec 31, 2023 362.76 Mn
Sep 30, 2023 2.10 Bn
Jun 30, 2023 13.43 Bn
Mar 31, 2023 2.11 Bn
Dec 31, 2022 2.11 Bn
Sep 30, 2022 394.86 Mn
Jun 30, 2022 512.99 Mn
Mar 31, 2022 13.09 Bn
Dec 31, 2021 12.28 Bn
Sep 30, 2021 11.17 Bn
Jun 30, 2021 8.71 Bn