BXMTBLACKSTONE MORTGAGE TRUST, INC.
Real Estate Investment Trusts
- Revenue
- —
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $15.7B net debt
- AI in 10-K
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Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear252% of net incomeCash flow under 80% of net income
- Dilutive SBCClear—Over 10% of revenue
- Payouts exceed cash flowFired157% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Net income | $419M | $249M | $247M | −$204M | $110M | 154% |
| Operating cash flow | $382M | $397M | $459M | $366M | $276M | 25% |
| Stock-based comp | $32M | $33M | $31M | $32M | $28M | 11% |
| Buybacks | — | $0 | $0 | $29M | $110M | 275% |
| Dividends | $371M | $421M | $427M | $404M | $323M | 20% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $47K · 3
- Net
- −$47K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 115 | 114 |
| FY2024 | — | — | 78 | 80 |
| FY2023 | — | — | 85 | 80 |
| FY2022 | — | — | 75 | 69 |
| FY2021 | — | — | 99 | 94 |