BXMT
Blackstone Mortgage Trust margins
- Stocks
- Real Estate
- NYSE: BXMT
- Margins
Blackstone Mortgage Trust shows its EBITDA margin is negative at -46.1%, and its net margin is negative at -60.6%, with a gross margin of 15.9%, an operating margin of 29.1%, an EBITDA margin of -46.1%, and a net margin of -60.6%. Net margin had the largest decline, falling by 81.7 percentage points, while the other available margins also weakened.
BXMT margin history
Over the last 3 years, Blackstone Mortgage Trust recorded average margins of 59.17% gross, 54.96% operating, -0.66% EBITDA, and -7.86% net. The current gross, operating, EBITDA, and net margins are all below their three-year averages.
BXMT margin expansion
From the same period last year, gross, operating, EBITDA, and net margins all declined, with net margin showing the largest decrease at 81.7 percentage points.
BXMT Gross margin
Throughout the last 3 years, Blackstone Mortgage Trust had an average gross margin of 59.17%. Blackstone Mortgage Trust's current gross margin is 15.9% and is 43.3 percentage points below its three-year average. Looking back over the last 3 years, Blackstone Mortgage Trust's gross margin reached 84.6% at its highest point in Sep 2024 and 15.9% at its lowest in Sep 2026.
BXMT Operating margin
Over the last 3 years, Blackstone Mortgage Trust had an average operating margin of 54.96%. Against its three-year average, Blackstone Mortgage Trust's operating margin is currently 29.1%, 25.9 percentage points below its three-year average. Looking back over the last 3 years, Blackstone Mortgage Trust's operating margin reached 75.4% at its highest point in Jun 2024 and 29.1% at its lowest in Sep 2026.
BXMT EBITDA margin
In the last 3 years, Blackstone Mortgage Trust had an average EBITDA margin of -0.66%. Against its three-year average, Blackstone Mortgage Trust's EBITDA margin is currently -46.1%, 45.4 percentage points below its three-year average. Looking back over the last 3 years, Blackstone Mortgage Trust's EBITDA margin reached 37.3% at its highest point in Dec 2023 and -46.1% at its lowest in Sep 2026.
BXMT Net margin
Across the last 3 years, Blackstone Mortgage Trust's net margin came to -7.86%. The current net margin stands at -60.6%, 52.7 percentage points below its three-year average. Net margin was highest at 36.5% in Dec 2023 and lowest at -60.6% in Sep 2026.
BXMT margin group comparison
With a gross margin of 15.9%, BXMT ranks lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 60.8%, Blackstone Mortgage Trust's gross margin is 74% lower.
BXMT margin peer comparison
Frequently asked questions
What is Blackstone Mortgage Trust's gross margin?
As of Sep 30, 2026, BXMT has a gross margin of 15.9%.
What is Blackstone Mortgage Trust's operating margin?
For the period ending Sep 30, 2026, BXMT recorded an operating margin of 29.1%.
What is Blackstone Mortgage Trust's EBITDA margin?
The current EBITDA margin for BXMT is -46.1% as of Sep 30, 2026.
What is Blackstone Mortgage Trust's net margin?
The current net margin for BXMT is -60.6% as of Sep 30, 2026.
What are the average margins of BXMT?
Looking back over 3 years, BXMT recorded average margins of 59.2% gross, 55.0% operating, -0.7% EBITDA, and -7.9% net.
What are the highest historical margins of BXMT?
Blackstone Mortgage Trust's highest recorded margins during the past 5 years were 84.6% gross in Sep 2024, 75.4% operating in Jun 2024, 81.6% EBITDA in Dec 2021, and 81.5% net in Dec 2021.
What are the lowest historical margins of BXMT?
Looking back across 5 years, BXMT reached its lowest margins at 15.9% gross in Sep 2026, 29.1% operating in Sep 2026, -46.1% EBITDA in Sep 2026, and -60.6% net in Sep 2026.