Blackstone Mortgage Trust (FRA:079A) Equity-to-Asset: 0.17 (As of Jun. 2026) — 19% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:079A Blackstone Mortgage Trust Inc FRA:079A
49 GF Score
Price €11.50
GF Value €15.38
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Blackstone Mortgage Trust Equity-to-Asset?

Blackstone Mortgage Trust FRA:079A -0.09% 49 Equity-to-Asset is 0.17 as of Jun. 2026, which is 19% below its 10-year median of 0.21. GuruFocus rates FRA:079A with a GF Score™ of 49/100 and a GF Value™ of €15.38 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 931 REITs companies, Blackstone Mortgage Trust ranks worse than 94.74% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Blackstone Mortgage Trust's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €2,853 Mil. Blackstone Mortgage Trust's Total Assets for the quarter that ended in Jun. 2026 was €16,972 Mil. Therefore, Blackstone Mortgage Trust's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.17.

The historical rank and industry rank for Blackstone Mortgage Trust's Equity-to-Asset or its related term are showing as below:

FRA:079A' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.21   Max: 0.29
Current: 0.17

During the past 13 years, the highest Equity to Asset Ratio of Blackstone Mortgage Trust was 0.29. The lowest was 0.17. And the median was 0.21.

FRA:079A's Equity-to-Asset is ranked worse than
94.74% of 931 companies
in the REITs industry
Industry Median: 0.59 vs FRA:079A: 0.17

Blackstone Mortgage Trust  (FRA:079A) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Blackstone Mortgage Trust Equity-to-Asset Related Terms


Blackstone Mortgage Trust Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Blackstone Mortgage Trust's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Blackstone Mortgage Trust Equity-to-Asset Chart

Blackstone Mortgage Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.18 0.18 0.19 0.18

Blackstone Mortgage Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.18 0.18 0.17 0.17

FRA:079A vs ARR, EFC, DX: Equity-to-Asset Comparison

For the REIT - Mortgage subindustry, Blackstone Mortgage Trust's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackstone Mortgage Trust Equity-to-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Blackstone Mortgage Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Blackstone Mortgage Trust's Equity-to-Asset falls into.


FRA:079A
49GF Score
Blackstone Mortgage Trust Inc FRA:079A
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blackstone Mortgage Trust Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Blackstone Mortgage Trust's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=2979.1902592703/17031.756141173
=0.17

Blackstone Mortgage Trust's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=2852.7420624508/16971.960115455
=0.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.17 mean?
Blackstone Mortgage Trust (FRA:079A) has a Equity-to-Asset of 0.17 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Blackstone Mortgage Trust and its competitors. This is 19% below median its historical median of 0.21. Over the past decade, Blackstone Mortgage Trust's Equity-to-Asset has ranged from 0.17 to 0.29. According to the industry distribution chart, Blackstone Mortgage Trust ranks #882 out of 931 companies in the REITs industry, placing it in the top 94.7%.
Is Blackstone Mortgage Trust's Equity-to-Asset too high?
Blackstone Mortgage Trust's current Equity-to-Asset of 0.17 is 19% below median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.29. The REITs industry median Equity-to-Asset is 0.59. Blackstone Mortgage Trust's value of 0.17 is 71.2% below this industry median. Based on the distribution chart, Blackstone Mortgage Trust ranks #882 out of 931 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Blackstone Mortgage Trust has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blackstone Mortgage Trust's Equity-to-Asset compare to ARR and EFC?
According to the REITs industry distribution chart, Blackstone Mortgage Trust ranks #882 out of 931 companies for Equity-to-Asset. This places Blackstone Mortgage Trust in the lower half of its industry. The industry median Equity-to-Asset is 0.59. Blackstone Mortgage Trust's value of 0.17 is 71.2% below this benchmark. Historically, Blackstone Mortgage Trust's own Equity-to-Asset has ranged from 0.17 to 0.29 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.59, Blackstone Mortgage Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a REITs company?
The median Equity-to-Asset among REITs companies is 0.59, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blackstone Mortgage Trust's current Equity-to-Asset of 0.17 is 71.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Blackstone Mortgage Trust and its competitors. For the REITs industry, the median Equity-to-Asset is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackstone Mortgage Trust's current Equity-to-Asset is 0.17, which is 19% below median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone Mortgage Trust stock overvalued right now?
Based on GuruFocus' analysis, Blackstone Mortgage Trust (FRA:079A) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.38, compared to a current price of €11.50 — trading 25.2% below its estimated fair value. The current Equity-to-Asset is 0.17, which is 19% below median its 10-year median of 0.21 and 71.2% below the REITs industry median of 0.59. Blackstone Mortgage Trust's overall GF Score™ is 49/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Blackstone Mortgage Trust (FRA:079A), the current Equity-to-Asset is 0.17 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Blackstone Mortgage Trust (FRA:079A) Overvalued in 2026?

Based on GuruFocus' analysis, Blackstone Mortgage Trust stock appears to be undervalued. The current stock price of €11.50 is trading 25.2% below its estimated GF Value™ of €15.38. GuruFocus considers Blackstone Mortgage Trust to be Modestly Undervalued.

Key valuation signals for FRA:079A:

  • Equity-to-Asset: 0.17 (19% below median its 10-year median of 0.21)
  • GF Value™: €15.38 vs. price of €11.50 (25.2% below fair value)
  • GF Score™: 49/100 with 3 warning signs
  • Industry Position: 71.2% below the REITs median (#882 of 931)

No single metric tells the full story. See the FRA:079A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Blackstone Mortgage Trust Business Description

Industry Real EstateREITs
Other Exchanges BXMT:USA079A:Germany
Address 345 Park Avenue, 24th Floor, New York, NY, USA, 10154
Blackstone Mortgage Trust Inc is an externally managed real estate finance company that originates, acquires, and manages senior loans and other debt or credit-oriented investments collateralized by or relating to commercial real estate in North America, Europe, and Australia. Its portfolio is composed of senior loans secured by high-quality, institutional assets located in main markets, and sponsored by experienced, well-capitalized real estate investment owners and operators. The group finances its investments in a variety of ways, including borrowing under secured credit facilities, issuing collateralized loan obligations, or CLOs, other securitization transactions, syndicating senior loans and/or participations, and other forms of asset-level financing.
49GF Score

Get the complete analysis for FRA:079A

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.50
Price
€15.38
GF Value