See more : Meridian Corporation (MRBK) Income Statement Analysis – Financial Results
Complete financial analysis of Blackstone Mortgage Trust, Inc. (BXMT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Blackstone Mortgage Trust, Inc., a leading company in the REIT – Mortgage industry within the Real Estate sector.
You may be interested
- E Med Future, Inc. (EMDF) Income Statement Analysis – Financial Results
- Daiwa Motor Transportation Co., Ltd. (9082.T) Income Statement Analysis – Financial Results
- Food Empire Holdings Limited (F03.SI) Income Statement Analysis – Financial Results
- RITES Limited (RITES.BO) Income Statement Analysis – Financial Results
- Palemo Holdings Co.,Ltd. (2778.T) Income Statement Analysis – Financial Results
Blackstone Mortgage Trust, Inc. (BXMT)
About Blackstone Mortgage Trust, Inc.
Blackstone Mortgage Trust, Inc., a real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia. The company operates as a real estate investment trust for federal income tax purposes. It generally would not be subject to U.S. federal income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Capital Trust, Inc. and changed its name to Blackstone Mortgage Trust, Inc. in May 2013. Blackstone Mortgage Trust, Inc. was founded in 1997 and is headquartered in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 420.88M | 628.05M | 514.47M | 432.18M | 424.18M | 396.48M | 303.05M | 327.12M | 280.19M | 128.88M | 42.56M | 54.55M | 53.17M | 49.78M | 45.24M | 78.24M | 115.43M | 77.46M | 67.38M | 37.07M | 38.00M | 39.03M | 52.42M | 57.48M | 68.20M | 46.60M | 5.70M | 3.70M | 2.80M | 3.70M | 4.10M | 4.60M | 5.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 0.00 | 110.29M | 88.47M | 77.92M | 78.44M | 74.83M | 54.84M | 55.96M | 42.89M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 420.88M | 517.76M | 426.00M | 354.26M | 345.74M | 321.65M | 248.20M | 271.17M | 237.30M | 128.88M | 42.56M | 54.55M | 53.17M | 49.78M | 45.24M | 78.24M | 115.43M | 77.46M | 67.38M | 37.07M | 38.00M | 39.03M | 52.42M | 57.48M | 68.20M | 46.60M | 5.70M | 3.70M | 2.80M | 3.70M | 4.10M | 4.60M | 5.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 100.00% | 82.44% | 82.80% | 81.97% | 81.51% | 81.13% | 81.90% | 82.89% | 84.69% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.19 | 0.50 | 0.18 | 0.35 | 0.38 | 0.41 | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 51.14M | 41.27M | 123.88M | 116.46M | 112.13M | 105.93M | 80.95M | 80.36M | 76.44M | 47.29M | 15.00M | 9.47M | 23.87M | 18.78M | 22.10M | 24.96M | 29.96M | 23.08M | 21.94M | 15.23M | 13.32M | 14.00M | 15.38M | 15.44M | 17.30M | 17.00M | 9.50M | 1.50M | 900.00K | 800.00K | 700.00K | 500.00K | 500.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | -13.27M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 37.87M | 41.27M | 123.88M | 116.46M | 112.13M | 105.93M | 80.95M | 80.36M | 76.44M | 47.29M | 15.00M | 9.47M | 23.87M | 18.78M | 22.10M | 24.96M | 29.96M | 23.08M | 21.94M | 15.23M | 13.32M | 14.00M | 15.38M | 15.44M | 17.30M | 17.00M | 9.50M | 1.50M | 900.00K | 800.00K | 700.00K | 500.00K | 500.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 0.00 | -32.24M | -218.73M | -410.65M | -231.24M | 4.07M | 4.05M | 3.64M | 3.56M | 2.34M | 2.00M | 526.00K | -221.91M | -3.13M | -14.26M | 43.00K | 2.04M | 2.93M | 20.46M | -10.63M | -27.30M | -22.36M | -15.31M | -8.69M | -6.90M | -13.10M | -17.30M | -5.10M | -5.70M | -800.00K | -11.60M | -14.00M | -8.30M | 3.00M | -2.80M | -600.00K | -1.00M | -800.00K | 4.60M |
| Operating Expenses | 170.23M | 52.19M | -94.85M | -294.18M | -119.12M | 110.00M | 85.00M | 84.00M | 80.00M | 47.00M | 17.00M | 10.00M | 9.00M | 6.00M | 22.00M | 25.00M | 32.00M | 26.00M | 35.68M | 4.60M | -13.98M | -8.37M | 68.00K | 6.75M | 10.40M | 3.90M | -7.80M | -3.60M | -4.80M | 0.00 | -10.90M | -13.50M | -7.80M | 3.00M | -2.80M | -600.00K | -1.00M | -800.00K | 4.60M |
| Cost & Expenses | 170.23M | 52.19M | -94.85M | -294.18M | -119.12M | 110.00M | 85.00M | 84.00M | 80.00M | 47.00M | 17.00M | 10.00M | 9.00M | 6.00M | 22.00M | 25.00M | 32.00M | 26.00M | 35.68M | 4.60M | -13.98M | -8.37M | 68.00K | 6.75M | 10.40M | 3.90M | -7.80M | -3.60M | -4.80M | 0.00 | -10.90M | -13.50M | -7.80M | 3.00M | -2.80M | -600.00K | -1.00M | -800.00K | 4.60M |
| Interest Income | 2.04B | 1.34B | 854.69M | 779.65M | 882.68M | 756.11M | 537.92M | 497.97M | 410.64M | 184.77M | 53.16M | 34.94M | 117.16M | 158.73M | 121.97M | 196.22M | 253.42M | 175.40M | 86.75M | 46.56M | 38.25M | 47.08M | 67.33M | 89.22M | 88.60M | 64.00M | 6.50M | 1.10M | 1.40M | 1.70M | 900.00K | 2.30M | 2.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 1.37B | 710.90M | 340.22M | 347.47M | 458.50M | 359.63M | 234.87M | 184.27M | 152.42M | 69.14M | 18.02M | 38.14M | 96.97M | 123.96M | 79.79M | 129.67M | 162.38M | 104.61M | 37.23M | 20.14M | 9.85M | 17.97M | 26.24M | 36.71M | 39.50M | 27.70M | 2.40M | 500.00K | 800.00K | 1.10M | 1.50M | 1.40M | 1.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 0.00 | 354.04M | 91.73M | 291.94M | 575.99M | 470.55M | 318.80M | 253.73M | -178.62M | 59.21M | 8.62M | 221.47M | 0.00 | 20.00K | 71.00K | 179.00K | 4.11M | 861.00K | -3.17M | 1.10M | -220.00K | -1.37M | -1.94M | -1.78M | -700.00K | 1.80M | 100.00K | 100.00K | 700.00K | 600.00K | 800.00K | 1.10M | 1.10M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 0.00 | 962.55M | 419.62M | 137.99M | 305.06M | 645.01M | 452.82M | 422.76M | 349.75M | 159.71M | 34.04M | 219.34M | 357.66M | 0.00 | -459.22M | 54.90M | 0.00 | 0.00 | 82.89M | 19.43M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.00M | -2.80M | -600.00K | -1.00M | -800.00K | 4.60M |
| EBITDA Ratio | 0.00% | 153.26% | 81.56% | 31.93% | 71.92% | 162.68% | 149.42% | 129.24% | 124.83% | 123.92% | 79.98% | 402.12% | 672.64% | -119.06% | -1,099.27% | 94.83% | 216.72% | 202.44% | 116.34% | 115.37% | 62.62% | 75.05% | 96.42% | 108.65% | 114.22% | 112.23% | -35.09% | 5.41% | -46.43% | 116.22% | -146.34% | -169.57% | -17.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | 250.64M | 960.13M | 419.62M | 137.99M | 305.06M | 645.01M | 452.82M | 422.76M | 349.75M | 100.49M | 25.42M | -2.14M | 357.66M | -59.28M | -497.34M | 74.02M | 246.04M | 155.94M | 81.55M | 41.67M | 24.02M | 30.67M | 52.49M | 64.23M | 78.60M | 50.50M | -2.10M | 100.00K | -2.00M | 3.70M | -6.80M | -8.90M | -2.10M | 3.00M | -2.80M | -600.00K | -1.00M | -800.00K | 4.60M |
| Operating Income Ratio | 59.55% | 152.88% | 81.56% | 31.93% | 71.92% | 162.68% | 149.42% | 129.24% | 124.83% | 77.97% | 59.73% | -3.92% | 672.64% | -119.10% | -1,099.43% | 94.60% | 213.16% | 201.33% | 121.04% | 112.40% | 63.20% | 78.57% | 100.13% | 111.75% | 115.25% | 108.37% | -36.84% | 2.70% | -71.43% | 100.00% | -165.85% | -193.48% | -36.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 4.62M | 0.00 | -1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 16.61M | 33.77M | 518.00K | 995.00K | 259.81M | 254.63M | -123.96M | -117.84M | -110.55M | 12.97M | 898.00K | -37.45M | 3.19M | -9.85M | -17.97M | -26.24M | -36.71M | -39.50M | -27.70M | -2.40M | -600.00K | -1.50M | -1.70M | -2.30M | -2.50M | -2.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 255.26M | 254.06M | 422.70M | 140.74M | 306.89M | 286.12M | 218.28M | 246.64M | 212.39M | 101.01M | 26.42M | 282.39M | 254.87M | -183.24M | -577.13M | -55.65M | 83.66M | 51.33M | 44.32M | 21.53M | 14.17M | 12.70M | 26.25M | 27.52M | 39.10M | 22.80M | -4.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 60.65% | 40.45% | 82.16% | 32.56% | 72.35% | 72.16% | 72.03% | 75.40% | 75.80% | 78.38% | 62.07% | 517.71% | 479.31% | -368.14% | -1,275.82% | -71.12% | 72.48% | 66.27% | 65.79% | 58.07% | 37.29% | 32.54% | 50.08% | 47.88% | 57.33% | 48.93% | -78.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 5.36M | 3.00M | 423.00K | 323.00K | -506.00K | 308.00K | 314.00K | 196.00K | 504.00K | 518.00K | 995.00K | 174.00K | 2.55M | 2.10M | -694.00K | 1.89M | -706.00K | -2.74M | 213.00K | -451.00K | 646.00K | 22.44M | 16.88M | 17.76M | 22.00M | 9.40M | 100.00K | 500.00K | 800.00K | 0.00 | 1.50M | 1.40M | 1.50M | -3.00M | 2.80M | 600.00K | 1.00M | 800.00K | -4.60M |
| Net Income | 246.56M | 248.64M | 419.19M | 137.67M | 305.57M | 285.08M | 217.63M | 238.30M | 196.83M | 90.05M | 15.03M | 181.02M | 258.14M | -185.34M | -576.44M | -57.54M | 84.37M | 54.07M | 44.11M | 21.98M | 13.53M | -9.74M | 9.37M | 9.76M | 17.10M | 13.40M | -4.60M | -400.00K | -2.80M | 0.00 | -8.30M | -10.30M | -3.60M | 3.00M | -2.80M | -600.00K | -1.00M | -800.00K | 4.60M |
| Net Income Ratio | 58.58% | 39.59% | 81.48% | 31.86% | 72.04% | 71.90% | 71.81% | 72.85% | 70.25% | 69.87% | 35.32% | 331.88% | 485.48% | -372.36% | -1,274.29% | -73.54% | 73.09% | 69.80% | 65.47% | 59.29% | 35.59% | -24.95% | 17.87% | 16.98% | 25.07% | 28.76% | -80.70% | -10.81% | -100.00% | 0.00% | -202.44% | -223.91% | -63.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 1.43 | 1.46 | 2.77 | 0.97 | 2.35 | 2.50 | 2.27 | 2.53 | 2.41 | 1.86 | 0.81 | 77.16 | 113.90 | -82.85 | -257.58 | -27.27 | 48.00 | 34.30 | 29.10 | 21.70 | 22.70 | -16.21 | 13.00 | 10.50 | 20.70 | 17.10 | -14.25 | -1.50 | -9.00 | 0.00 | -26.40 | -33.90 | -11.70 | 9.90 | -12.00 | -3.60 | -5.70 | -4.80 | 31.50 |
| EPS Diluted | 1.43 | 1.46 | 2.77 | 0.97 | 2.35 | 2.50 | 2.27 | 2.53 | 2.41 | 1.86 | 0.81 | 73.13 | 107.80 | -82.85 | -257.58 | -27.27 | 47.70 | 34.00 | 28.80 | 21.40 | 22.30 | -16.21 | 11.20 | 9.90 | 16.50 | 13.20 | -14.25 | -1.50 | -9.00 | 0.00 | -26.40 | -33.90 | -11.70 | 9.90 | -12.00 | -3.60 | -5.70 | -4.80 | 31.50 |
| Weighted Avg Shares Out | 172.67M | 170.63M | 151.52M | 141.80M | 130.09M | 113.86M | 95.96M | 94.17M | 81.74M | 48.39M | 18.52M | 2.35M | 2.27M | 2.24M | 2.24M | 2.11M | 1.76M | 1.58M | 1.52M | 1.01M | 594.70K | 600.81K | 672.20K | 772.29K | 711.08K | 606.90K | 322.75K | 266.67K | 311.11K | 305.23K | 314.39K | 303.84K | 307.69K | 303.03K | 233.33K | 166.67K | 175.44K | 166.67K | 146.03K |
| Weighted Avg Shares Out (Dil) | 172.67M | 170.63M | 151.52M | 141.80M | 130.09M | 113.86M | 95.96M | 94.17M | 81.74M | 48.39M | 18.52M | 2.48M | 2.39M | 2.24M | 2.24M | 2.11M | 1.77M | 1.59M | 1.53M | 1.03M | 1.03M | 600.81K | 1.20M | 989.63K | 1.46M | 1.02M | 322.75K | 266.67K | 311.11K | 305.23K | 314.39K | 303.84K | 307.69K | 303.03K | 233.33K | 166.67K | 175.44K | 166.67K | 146.03K |
Losers Of REIT Earnings Season
After covering the Winners of REIT Earnings Season last week, Part 2 of our Earnings Recap focuses on the worst-performing property sectors and common threads shared by these laggards. While there were no major "bombshells" this earnings season, there were...
Is Blackstone Mortgage's 12.3% Dividend Yield A 'Sucker Yield'?
Blackstone Mortgage Trust's 12.3% dividend yield is being questioned as its share price is near Covid-19 lows. Commercial mREIT loans face challenges due to weak office property fundamentals and higher-for-longer rates. Ladder Capital is suggested as a better alternative due...
Blackstone Mortgage Trust: Is This REIT's 12% Dividend Yield Safe In 2024?
Blackstone Mortgage Trust comfortably covered its dividend pay-out with distributable earnings in 4Q-23. BXMT stock is selling at a significant discount to book value, providing a high margin of dividend safety. Despite concerns over exposure to the U.S. office category,...
9% Yield I Just Added To My Portfolio
ARMOUR Residential REIT has not filed their 10-K report on time, but preliminary results suggest positive performance for other mortgage REITs.
New Strong Sell Stocks for March 5th
BASFY, BXMT and COVTY have been added to the Zacks Rank #5 (Strong Sell) List on March 5, 2023.
New Strong Sell Stocks for February 26th
BXMT, BMY and CWEN have been added to the Zacks Rank #5 (Strong Sell) List on February 26, 2023.
Blackstone Mortgage Trust: 3 Reasons Why I Am Downgrading This 12% Yielder
Blackstone Mortgage Trust beat earnings estimates for Q4, but showed weakness in its loan portfolio, with a decline in performing loans and a drop in book value. The REIT's CECL reserve increased significantly in Q4'23, indicating higher expected credit losses...
REIT Earnings Halftime Report
We're now through the halfway point of another consequential real estate earnings season, with 68 equity and mortgage REITs representing 50% of the total market capitalization reporting results. Beneath the renewed interest rate headwinds that have pressured the sector in...
Blackstone Mortgage Trust, Inc. (BXMT) Q4 2023 Earnings Call Transcript
Blackstone Mortgage Trust, Inc. (BXMT) Q4 2023 Earnings Call Transcript
Blackstone Mortgage Trust (BXMT) Beats Q4 Earnings Estimates
Blackstone Mortgage Trust (BXMT) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.87 per share a year ago.
Source: https://incomestatements.info
Category: Stock Reports