Blackstone Mortgage Trust, Inc. (BXMT) Earnings History
Annual and quarterly earnings data from 1991 to 2025
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BXMT EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
BXMT Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 76.9% | 71.6% | 7.2% |
| 2024 | 93.3% | 61.6% | -11.5% |
| 2023 | 94.1% | 80.4% | 12.2% |
| 2022 | 91.6% | 73.2% | 18.8% |
| 2021 | 89.6% | 89.2% | 49.4% |
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Blackstone Mortgage Trust, Inc. (BXMT) Earnings Overview
As of May 8, 2026, Blackstone Mortgage Trust, Inc. (BXMT) reported trailing twelve-month net income of $104M, reflecting +154.7% year-over-year growth. The company earned $0.61 per diluted share over the past four quarters, with a net profit margin of 7.2%.
Looking at the long-term picture, BXMT's 5-year EPS compound annual growth rate (CAGR) stands at -8.0%, signaling declining earnings. The company achieved its highest annual net income of $419M in fiscal 2021.
Blackstone Mortgage Trust, Inc. maintains positive profitability with a gross margin of 76.9%, operating margin of 71.6%, and net margin of 7.2%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including KREF (-$104M net income, -10.3% margin), TRTX ($61M net income, 18.1% margin), ACRE (-$20M net income, -1.1% margin), BXMT has outperformed on profitability metrics. Compare BXMT vs KREF →
BXMT Earnings vs Peers
Earnings metrics vs comparable public companies
BXMT Historical Earnings Data (1991–2025)
35 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $110M | +153.7% | $1.09B | $0.64 | 7.2% | 71.6% |
| 2024 | -$204M | -182.8% | $1.09B | $-1.17 | -11.5% | 61.6% |
| 2023 | $247M | -0.8% | $1.62B | $1.43 | 12.2% | 80.4% |
| 2022 | $249M | -40.7% | $965M | $1.46 | 18.8% | 73.2% |
| 2021 | $419M | +204.5% | $756M | $2.77 | 49.4% | 89.2% |
| 2020 | $138M | -54.9% | $484M | $0.97 | 17.7% | 62.4% |
| 2019 | $306M | +7.2% | $307M | $2.35 | 34.6% | 34.8% |
| 2018 | $285M | +31.0% | $286M | $2.50 | 37.7% | 37.8% |
| 2017 | $218M | -8.7% | $218M | $2.27 | 40.5% | 40.6% |
| 2016 | $238M | +21.1% | $243M | $2.53 | 47.9% | 49.0% |
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Start ComparisonBXMT — Frequently Asked Questions
Quick answers to the most common questions about buying BXMT stock.
Is BXMT growing earnings?
BXMT EPS is $0.61, with earnings growth accelerating to +154.7%. This exceeds the 5-year CAGR of -8.0%. TTM net income reached $104M.
What are BXMT's profit margins?
Blackstone Mortgage Trust, Inc. net margin is +7.2%, with operating margin at +71.6%. Margins sit within typical range for the sector.
How consistent are BXMT's earnings?
BXMT earnings data spans 1991-2025. The accelerating earnings trend is +154.7% YoY. Historical data enables comparison across business cycles.