Blackstone Mortgage Trust Past Earnings Performance
Past criteria checks 0/6
Blackstone Mortgage Trust's earnings have been declining at an average annual rate of -18.4%, while the Mortgage REITs industry saw earnings growing at 9.1% annually. Revenues have been declining at an average rate of 9.7% per year.
Key information
-18.4%
Earnings growth rate
-22.5%
EPS growth rate
| Mortgage REITs Industry Growth | 4.5% |
| Revenue growth rate | -9.7% |
| Return on equity | -6.2% |
| Net Margin | 237.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Blackstone Mortgage Trust: 10% Yield For Risk-Seeking Investors
Oct 26Blackstone Mortgage Trust Could Be In For More Trouble
Sep 12Blackstone Mortgage Trust's Dividend Cut Is Not Enough; More Impairments Loom From Offices And Santander JV
Aug 28Blackstone Mortgage Trust: Why I Am Buying The Dividend Cut (Rating Upgrade)
Aug 05Blackstone Mortgage: It's Not Distributable EPS, It's Deleveraging
Jul 24Blackstone Mortgage: 8% On Bonds Beats 14% On The Stock
Jun 16Blackstone Mortgage Trust: A Dividend Cut Is Likely
May 28Blackstone Mortgage: Charge-Offs And Declining Rates Pose Risk
May 15Blackstone Mortgage Trust: Ample Dividend Coverage Helps Protect From Ongoing Issues
Apr 11Blackstone Mortgage Trust: Beware Of Charge-Offs And More Loan Modifications Ahead
Mar 06Blackstone Mortgage: 13% Yield, 123% Dividend Coverage Make It A Buy
Feb 27Blackstone Mortgage Trust: 3 Reasons Why I Am Downgrading This 12% Yielder
Feb 21Diving Into Blackstone Mortgage's Portfolio Reveals 2024 Is Darker Than It Appears In The Muddy Waters' Report
Jan 17Blackstone Mortgage: 11% Yield Inside Muddy Waters
Dec 22Blackstone Mortgage: 11.2% Dividend Yield As Bears Blindsided By Fed
Dec 15Blackstone Mortgage: Something Wicked This Way Comes
Nov 21Blackstone Mortgage: Hold And Wait For Some Change (Rating Downgrade)
Nov 14Blackstone Mortgage Trust: A Higher-For-Longer Rate Bet With A 12.6% Yield
Oct 28Blackstone Mortgage Trust: Double-Digit Dividend Yield And Major Discount To Book Value
Oct 1912% Yield! Blackstone Mortgage Trust Is Cheap For A Reason
Oct 02Blackstone Mortgage Trust Has Become Fairly Valued
Sep 16Blackstone Mortgage Trust: Valuation Is Getting Risky (Downgrade)
Aug 31Blackstone Mortgage: Multiply Your Income With This 11% Yield
Aug 14Blackstone Mortgage Trust: Don't Miss The Drop On This 11% Yielding CRE Trust
Jul 28Blackstone Mortgage Trust: Concerns Overdone; Dividend Yield Intact
Jul 17Blackstone Mortgage Trust: Stress Testing Blackstone's Dividend
Jul 11Blackstone Mortgage: Do Not Worry About Increased Expected Credit Losses
Jun 16Blackstone Mortgage Trust: The Market Is Too Focused On The Negatives
Feb 15Blackstone Mortgage Trust Q4 2022 Earnings Preview
Feb 07Blackstone Mortgage Trust: Attractive 11%-Yielder
Jan 25Blackstone Mortgage: Buy Yourself This 11%-Yielding Christmas Gift
Dec 27Blackstone Mortgage Trust declares $0.62 dividend
Dec 15Blackstone Mortgage Trust: This 9.7% Yield Is Still On Sale
Nov 16Blackstone Mortgage: I Am Getting A 10.9% Yield On My Last Buy
Oct 24Blackstone Mortgage: Strong Dividend Yield And Economic Tailwind
Oct 11Blackstone Mortgage Trust declares $0.62 dividend
Sep 15Blackstone Mortgage: Get 8% Passive Income From This Trust Gem
Aug 03Blackstone Mortgage Trust Q2 2022 Earnings Preview
Jul 26Revenue & Expenses Breakdown
How Blackstone Mortgage Trust makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | -103 | -244 | 140 | 0 |
| 30 Jun 24 | -11 | -158 | 146 | 0 |
| 31 Mar 24 | 164 | 5 | 159 | 0 |
| 31 Dec 23 | 421 | 247 | 170 | 0 |
| 30 Sep 23 | 385 | 201 | 179 | 0 |
| 30 Jun 23 | 460 | 275 | 177 | 0 |
| 31 Mar 23 | 445 | 267 | 171 | 0 |
| 31 Dec 22 | 417 | 249 | 162 | 0 |
| 30 Sep 22 | 579 | 420 | 154 | 0 |
| 30 Jun 22 | 549 | 401 | 145 | 0 |
| 31 Mar 22 | 580 | 439 | 138 | 0 |
| 31 Dec 21 | 554 | 419 | 132 | 0 |
| 30 Sep 21 | 505 | 379 | 123 | 0 |
| 30 Jun 21 | 512 | 385 | 123 | 0 |
| 31 Mar 21 | 397 | 271 | 123 | 0 |
| 31 Dec 20 | 265 | 138 | 124 | 0 |
| 30 Sep 20 | 259 | 133 | 123 | 0 |
| 30 Jun 20 | 240 | 118 | 120 | 0 |
| 31 Mar 20 | 296 | 176 | 119 | 0 |
| 31 Dec 19 | 424 | 306 | 117 | 0 |
| 30 Sep 19 | 417 | 300 | 115 | 0 |
| 30 Jun 19 | 420 | 304 | 115 | 0 |
| 31 Mar 19 | 417 | 301 | 115 | 0 |
| 31 Dec 18 | 396 | 285 | 110 | 0 |
| 30 Sep 18 | 375 | 269 | 104 | 0 |
| 30 Jun 18 | 348 | 249 | 98 | 0 |
| 31 Mar 18 | 317 | 227 | 89 | 0 |
| 31 Dec 17 | 303 | 218 | 85 | 0 |
| 30 Sep 17 | 295 | 213 | 82 | 0 |
| 30 Jun 17 | 299 | 220 | 83 | 0 |
| 31 Mar 17 | 308 | 233 | 84 | 0 |
| 31 Dec 16 | 314 | 238 | 84 | 0 |
| 30 Sep 16 | 324 | 250 | 87 | 0 |
| 30 Jun 16 | 328 | 252 | 85 | 0 |
| 31 Mar 16 | 297 | 218 | 86 | 0 |
| 31 Dec 15 | 258 | 197 | 80 | 0 |
| 30 Sep 15 | 213 | 153 | 69 | 0 |
| 30 Jun 15 | 156 | 108 | 59 | 0 |
| 31 Mar 15 | 133 | 112 | 55 | 0 |
| 31 Dec 14 | 116 | 90 | 47 | 0 |
| 30 Sep 14 | 94 | 76 | 43 | 0 |
| 30 Jun 14 | 78 | 62 | 38 | 0 |
| 31 Mar 14 | 56 | 31 | 22 | 0 |
| 31 Dec 13 | 35 | 15 | 17 | 0 |
Quality Earnings: BXMT is currently unprofitable.
Growing Profit Margin: BXMT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BXMT is unprofitable, and losses have increased over the past 5 years at a rate of 18.4% per year.
Accelerating Growth: Unable to compare BXMT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BXMT is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage REITs industry (5.3%).
Return on Equity
High ROE: BXMT has a negative Return on Equity (-6.24%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:43 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Blackstone Mortgage Trust, Inc. is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Derek Hewett | BofA Global Research |
| Eric Dray | BofA Global Research |
| Jessica Levi-Ribner | B. Riley Securities, Inc. |