BXMT (Blackstone Mortgage Trust) FCF Margin %: 106.57% (As of Mar. 2026) — 47% Above Median


BXMT Blackstone Mortgage Trust Inc BXMT
60 GF Score
Price $17.35
GF Value $18.42
Valuation Fairly Valued
! 4 Warning Signs
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What is Blackstone Mortgage Trust FCF Margin %?

Blackstone Mortgage Trust BXMT -0.69% 60 FCF Margin % is 106.57% as of Mar. 2026, which is 47% above its 10-year median of 72.74. GuruFocus rates BXMT with a GF Score™ of 60/100 and a GF Value™ of $18.42 (Fairly Valued). The stock has 4 warning signs investors should review. Among 936 REITs companies, Blackstone Mortgage Trust ranks better than 68.59% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Blackstone Mortgage Trust's Free Cash Flow for the three months ended in Mar. 2026 was $169.7 Mil. Blackstone Mortgage Trust's Revenue for the three months ended in Mar. 2026 was $159.3 Mil. Therefore, Blackstone Mortgage Trust's FCF Margin % for the quarter that ended in Mar. 2026 was 106.57%.

As of today, Blackstone Mortgage Trust's current FCF Yield % is 11.79%.

The historical rank and industry rank for Blackstone Mortgage Trust's FCF Margin % or its related term are showing as below:

BXMT' s FCF Margin % Range Over the Past 10 Years
Min: 49.9   Med: 72.74   Max: 77.89
Current: 58.97


During the past 13 years, the highest FCF Margin % of Blackstone Mortgage Trust was 77.89%. The lowest was 49.90%. And the median was 72.74%.

BXMT's FCF Margin % is ranked better than
68.59% of 936 companies
in the REITs industry
Industry Median: 40.025 vs BXMT: 58.97


Blackstone Mortgage Trust FCF Margin % Related Terms


Blackstone Mortgage Trust FCF Margin % Historical Data

* Premium members only.

The historical data trend for Blackstone Mortgage Trust's FCF Margin % 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 FCF Margin % Chart

Blackstone Mortgage Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.35 63.18 68.42 74.30 49.90

Blackstone Mortgage Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 79.18 42.76 -13.70 85.55 106.57

BXMT vs DX, ARR, EFC: FCF Margin % Comparison

For the REIT - Mortgage subindustry, Blackstone Mortgage Trust's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Blackstone Mortgage Trust's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Blackstone Mortgage Trust's FCF Margin % falls into.


BXMT
60GF Score
Blackstone Mortgage Trust Inc BXMT
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Blackstone Mortgage Trust FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Blackstone Mortgage Trust's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=275.873/552.834
=49.90 %

Blackstone Mortgage Trust's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=169.727/159.259
=106.57 %

* 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 FCF Margin % →
What does a FCF Margin % of 106.57% mean?
Blackstone Mortgage Trust (BXMT) has a FCF Margin % of 106.57% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Blackstone Mortgage Trust and its competitors. This is 47% above median its historical median of 72.74. Over the past decade, Blackstone Mortgage Trust's FCF Margin % has ranged from 49.90 to 77.89. According to the industry distribution chart, Blackstone Mortgage Trust ranks #294 out of 936 companies in the REITs industry, placing it in the top 31.4%.
Is Blackstone Mortgage Trust's FCF Margin % too high?
Blackstone Mortgage Trust's current FCF Margin % of 106.57% is 47% above median its 10-year median of 72.74. Over the past 10 years, this metric has ranged from a low of 49.90 to a high of 77.89. The REITs industry median FCF Margin % is 40.03. Blackstone Mortgage Trust's value of 106.57% is 166.3% above this industry median. Based on the distribution chart, Blackstone Mortgage Trust ranks #294 out of 936 companies in the REITs industry, which is above the industry midpoint. Overall, Blackstone Mortgage Trust has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Blackstone Mortgage Trust's FCF Margin % compare to DX and ARR?
According to the REITs industry distribution chart, Blackstone Mortgage Trust ranks #294 out of 936 companies for FCF Margin %. This puts Blackstone Mortgage Trust in the upper half of its industry. The industry median FCF Margin % is 40.03. Blackstone Mortgage Trust's value of 106.57% is 166.3% above this benchmark. Historically, Blackstone Mortgage Trust's own FCF Margin % has ranged from 49.90 to 77.89 over the past decade. While the company's 10-year median is 72.74 vs. the industry median of 40.03, Blackstone Mortgage Trust has consistently been above 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 FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.03, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blackstone Mortgage Trust's current FCF Margin % of 106.57% is 166.3% above 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Blackstone Mortgage Trust and its competitors. For the REITs industry, the median FCF Margin % is 40.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackstone Mortgage Trust's current FCF Margin % is 106.57%, which is 47% above median its own 10-year median of 72.74. 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 (BXMT) is currently considered Fairly Valued. The stock's GF Value™ is $18.42, compared to a current price of $17.35 — trading 5.8% below its estimated fair value. The current FCF Margin % is 106.57%, which is 47% above median its 10-year median of 72.74 and 166.3% above the REITs industry median of 40.03. Blackstone Mortgage Trust's overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Blackstone Mortgage Trust (BXMT), the current FCF Margin % is 106.57% as of Mar. 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 (BXMT) Overvalued in 2026?

Based on GuruFocus' analysis, Blackstone Mortgage Trust stock appears to be undervalued. The current stock price of $17.35 is trading 5.8% below its estimated GF Value™ of $18.42. GuruFocus considers Blackstone Mortgage Trust to be Fairly Valued.

Key valuation signals for BXMT:

  • FCF Margin %: 106.57% (47% above median its 10-year median of 72.74)
  • GF Value™: $18.42 vs. price of $17.35 (5.8% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 166.3% above the REITs median (#294 of 936)

No single metric tells the full story. See the BXMT 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 079A: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.
60GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.35
Price
$18.42
GF Value