BXMT
Blackstone Mortgage Trust, Inc.
REIT - Mortgage
Market Cap$3.25B
5Y Perf.-18.2%
Compare Stocks
2 / 10Try these comparisons:
Stock Comparison
BXMT vs ACRE
Revenue, margins, valuation, and 5-year total return — side by side.
ACRE
Ares Commercial Real Estate Corporation
REIT - Mortgage
Market Cap$287M
5Y Perf.-29.9%
BXMT vs ACRE — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | BXMT | ACRE |
|---|---|---|
| Industry | REIT - Mortgage | REIT - Mortgage |
| Market Cap | $3.25B | $287M |
| Revenue (TTM) | $1.54B | $56M |
| Net Income (TTM) | $104M | $-902K |
| Gross Margin | 62.6% | 75.1% |
| Operating Margin | 58.3% | 60.4% |
| Forward P/E | 12.1x | 16.9x |
| Total Debt | $16.16B | $1.05B |
| Cash & Equiv. | $453M | $29M |
BXMT vs ACRE — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
BXMT
ACRE
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Blackstone Mortgage… (BXMT) | 100 | 81.8 | -18.2% |
| Ares Commercial Rea… (ACRE) | 100 | 70.1 | -29.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: BXMT vs ACRE
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: BXMT leads in 4 of 7 categories, making it the strongest pick for valuation and capital efficiency and profitability and margin quality. Ares Commercial Real Estate Corporation is the stronger pick specifically for growth and revenue expansion and dividend income and shareholder returns. As sector peers, any of these can serve as alternatives in the same allocation.
BXMT
Blackstone Mortgage Trust, Inc.
The Real Estate Income Play
BXMT carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 0 yrs, beta 0.74, yield 9.8%
- Rev growth -14.0%, EPS growth 154.7%, 3Y rev CAGR 4.9%
- 52.6% 10Y total return vs ACRE's 45.0%
Best for: income & stability and growth exposure
ACRE
Ares Commercial Real Estate Corporation
The Real Estate Income Play
ACRE is the clearest fit if your priority is defensive.
- Beta 0.99, yield 13.6%, current ratio 0.08x
- -2.8% FFO/revenue growth vs BXMT's -14.0%
- 13.6% yield, vs BXMT's 9.8%
Best for: defensive
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | ACRE | -2.8% FFO/revenue growth vs BXMT's -14.0% |
| Value | BXMT | Lower P/E (12.1x vs 16.9x) |
| Quality / Margins | BXMT | 6.7% margin vs ACRE's -1.6% |
| Stability / Safety | BXMT | Beta 0.74 vs ACRE's 0.99 |
| Dividends | ACRE | 13.6% yield, vs BXMT's 9.8% |
| Momentum (1Y) | ACRE | +41.3% vs BXMT's +13.3% |
| Efficiency (ROA) | BXMT | 0.5% ROA vs ACRE's -0.1%, ROIC 4.3% vs 2.9% |
BXMT vs ACRE — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
FY 2025
BXMT vs ACRE — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLBXMTLAGGINGACRE
ACREAres Commercial Real …
2leads
BXMTBlackstone Mortgage T…
4leads
6 Total Categories
CATEGORYLEADERvs ACREMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
ACRE4/5
Valuation MetricsMultiples, price ratios, and targets
BXMT4/6
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
BXMT6/9
Total Returns1Y, 3Y, 5Y total returns with dividends
BXMT4/6
Risk & VolatilityBeta, volatility, and downside exposure
BXMT2/2
Analyst OutlookRatings, price targets, and dividends
ACRE1/1
Income & Cash Flow (Last 12 Months)
ACRE leads this category, winning 4 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
BXMT is the larger business by revenue, generating $1.5B annually — 27.3x ACRE's $56M. BXMT is the more profitable business, keeping 6.7% of every revenue dollar as net income compared to ACRE's -1.6%. On growth, ACRE holds the edge at +60.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | BXMTBlackstone Mortga… | ACREAres Commercial R… |
|---|---|---|
| RevenueTrailing 12 months | $1.5B | $56M |
| EBITDAEarnings before interest/tax | $948M | $40M |
| Net IncomeAfter-tax profit | $104M | -$902,000 |
| Free Cash FlowCash after capex | $335M | $21M |
| Gross MarginGross profit ÷ Revenue | +62.6% | +75.1% |
| Operating MarginEBIT ÷ Revenue | +58.3% | +60.4% |
| Net MarginNet income ÷ Revenue | +6.7% | -1.6% |
| FCF MarginFCF ÷ Revenue | +21.8% | +37.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | +4.0% | +60.8% |
| EPS Growth (YoY)Latest quarter vs prior year | — | +65.0% |
ACRE leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
BXMT leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
On an enterprise value basis, BXMT's 16.4x EV/EBITDA is more attractive than ACRE's 18.6x.
| Metric | BXMTBlackstone Mortga… | ACREAres Commercial R… |
|---|---|---|
| Market CapShares × price | $3.3B | $287M |
| Enterprise ValueMkt cap + debt − cash | $19.0B | $1.3B |
| Trailing P/EPrice ÷ TTM EPS | 30.14x | -318.29x |
| Forward P/EPrice ÷ next-FY EPS est. | 12.07x | 16.89x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 16.37x | 18.60x |
| Price / SalesMarket cap ÷ Revenue | 2.14x | 3.37x |
| Price / BookPrice ÷ Book value/share | 0.94x | 0.56x |
| Price / FCFMarket cap ÷ FCF | 11.79x | 13.45x |
BXMT leads this category, winning 4 of 6 comparable metrics.
Profitability & Efficiency
BXMT leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
BXMT delivers a 2.9% return on equity — every $100 of shareholder capital generates $3 in annual profit, vs $-0 for ACRE. ACRE carries lower financial leverage with a 2.06x debt-to-equity ratio, signaling a more conservative balance sheet compared to BXMT's 4.61x. On the Piotroski fundamental quality scale (0–9), BXMT scores 6/9 vs ACRE's 5/9, reflecting solid financial health.
| Metric | BXMTBlackstone Mortga… | ACREAres Commercial R… |
|---|---|---|
| ROE (TTM)Return on equity | +2.9% | -0.2% |
| ROA (TTM)Return on assets | +0.5% | -0.1% |
| ROICReturn on invested capital | +4.3% | +2.9% |
| ROCEReturn on capital employed | +11.3% | +5.2% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 5 |
| Debt / EquityFinancial leverage | 4.61x | 2.06x |
| Net DebtTotal debt minus cash | $15.7B | -$29M |
| Cash & Equiv.Liquid assets | $453M | $29M |
| Total DebtShort + long-term debt | $16.2B | $1.0B |
| Interest CoverageEBIT ÷ Interest expense | 1.11x | 0.95x |
BXMT leads this category, winning 6 of 9 comparable metrics.
Total Returns (Dividends Reinvested)
BXMT leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in BXMT five years ago would be worth $9,733 today (with dividends reinvested), compared to $7,177 for ACRE. Over the past 12 months, ACRE leads with a +41.3% total return vs BXMT's +13.3%. The 3-year compound annual growth rate (CAGR) favors BXMT at 14.2% vs ACRE's -0.8% — a key indicator of consistent wealth creation.
| Metric | BXMTBlackstone Mortga… | ACREAres Commercial R… |
|---|---|---|
| YTD ReturnYear-to-date | +1.4% | +13.5% |
| 1-Year ReturnPast 12 months | +13.3% | +41.3% |
| 3-Year ReturnCumulative with dividends | +49.0% | -2.3% |
| 5-Year ReturnCumulative with dividends | -2.7% | -28.2% |
| 10-Year ReturnCumulative with dividends | +52.6% | +45.0% |
| CAGR (3Y)Annualised 3-year return | +14.2% | -0.8% |
BXMT leads this category, winning 4 of 6 comparable metrics.
Risk & Volatility
BXMT leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
BXMT is the less volatile stock with a 0.74 beta — it tends to amplify market swings less than ACRE's 0.99 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BXMT currently trades 93.3% from its 52-week high vs ACRE's 88.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | BXMTBlackstone Mortga… | ACREAres Commercial R… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.74x | 0.99x |
| 52-Week HighHighest price in past year | $20.67 | $5.89 |
| 52-Week LowLowest price in past year | $17.67 | $4.05 |
| % of 52W HighCurrent price vs 52-week peak | +93.3% | +88.6% |
| RSI (14)Momentum oscillator 0–100 | 44.3 | 52.4 |
| Avg Volume (50D)Average daily shares traded | 1.4M | 392K |
BXMT leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
ACRE leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates BXMT as "Hold" and ACRE as "Buy". For income investors, ACRE offers the higher dividend yield at 13.62% vs BXMT's 9.79%.
| Metric | BXMTBlackstone Mortga… | ACREAres Commercial R… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | — | $5.00 |
| # AnalystsCovering analysts | 18 | 13 |
| Dividend YieldAnnual dividend ÷ price | +9.8% | +13.6% |
| Dividend StreakConsecutive years of raises | 0 | 0 |
| Dividend / ShareAnnual DPS | $1.89 | $0.71 |
| Buyback YieldShare repurchases ÷ mkt cap | +3.4% | 0.0% |
ACRE leads this category, winning 1 of 1 comparable metric.
Key Takeaway
BXMT leads in 4 of 6 categories (Valuation Metrics, Profitability & Efficiency). ACRE leads in 2 (Income & Cash Flow, Analyst Outlook).
Best OverallBlackstone Mortgage Trust, … (BXMT)Leads 4 of 6 categories
Loading custom metrics...
BXMT vs ACRE: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is BXMT or ACRE a better buy right now?
For growth investors, Ares Commercial Real Estate Corporation (ACRE) is the stronger pick with -2.
8% revenue growth year-over-year, versus -14. 0% for Blackstone Mortgage Trust, Inc. (BXMT). Blackstone Mortgage Trust, Inc. (BXMT) offers the better valuation at 30. 1x trailing P/E (12. 1x forward), making it the more compelling value choice. Analysts rate Ares Commercial Real Estate Corporation (ACRE) a "Buy" — based on 13 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — BXMT or ACRE?
On forward P/E, Blackstone Mortgage Trust, Inc.
is actually cheaper at 12. 1x.
03Which is the better long-term investment — BXMT or ACRE?
Over the past 5 years, Blackstone Mortgage Trust, Inc.
(BXMT) delivered a total return of -2. 7%, compared to -28. 2% for Ares Commercial Real Estate Corporation (ACRE). Over 10 years, the gap is even starker: BXMT returned +52. 6% versus ACRE's +45. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — BXMT or ACRE?
By beta (market sensitivity over 5 years), Blackstone Mortgage Trust, Inc.
(BXMT) is the lower-risk stock at 0. 74β versus Ares Commercial Real Estate Corporation's 0. 99β — meaning ACRE is approximately 34% more volatile than BXMT relative to the S&P 500. On balance sheet safety, Ares Commercial Real Estate Corporation (ACRE) carries a lower debt/equity ratio of 2% versus 5% for Blackstone Mortgage Trust, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — BXMT or ACRE?
By revenue growth (latest reported year), Ares Commercial Real Estate Corporation (ACRE) is pulling ahead at -2.
8% versus -14. 0% for Blackstone Mortgage Trust, Inc. (BXMT). On earnings-per-share growth, the picture is similar: Blackstone Mortgage Trust, Inc. grew EPS 154. 7% year-over-year, compared to 97. 4% for Ares Commercial Real Estate Corporation. Over a 3-year CAGR, BXMT leads at 4. 9% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — BXMT or ACRE?
Blackstone Mortgage Trust, Inc.
(BXMT) is the more profitable company, earning 7. 2% net margin versus -1. 1% for Ares Commercial Real Estate Corporation — meaning it keeps 7. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ACRE leads at 72. 4% versus 71. 6% for BXMT. At the gross margin level — before operating expenses — BXMT leads at 76. 9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is BXMT or ACRE more undervalued right now?
On forward earnings alone, Blackstone Mortgage Trust, Inc.
(BXMT) trades at 12. 1x forward P/E versus 16. 9x for Ares Commercial Real Estate Corporation — 4. 8x cheaper on a one-year earnings basis.
08Which pays a better dividend — BXMT or ACRE?
All stocks in this comparison pay dividends.
Ares Commercial Real Estate Corporation (ACRE) offers the highest yield at 13. 6%, versus 9. 8% for Blackstone Mortgage Trust, Inc. (BXMT).
09Is BXMT or ACRE better for a retirement portfolio?
For long-horizon retirement investors, Blackstone Mortgage Trust, Inc.
(BXMT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 74), 9. 8% yield). Both have compounded well over 10 years (BXMT: +52. 6%, ACRE: +45. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between BXMT and ACRE?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
Revenue Growth>
%
(BXMT: 4.0% · ACRE: 6078.2%)You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.