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