Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Blackstone Mortgage Trust's annualized net income for the quarter that ended in Mar. 2026 was $-25.2 Mil. Blackstone Mortgage Trust's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $3,345.3 Mil. Therefore, Blackstone Mortgage Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -0.75%.
The historical rank and industry rank for Blackstone Mortgage Trust's Return-on-Tangible-Equity or its related term are showing as below:
BXMT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.05 Med: 6.8 Max: 9.89
Current: 2.99
During the past 13 years, Blackstone Mortgage Trust's highest Return-on-Tangible-Equity was 9.89%. The lowest was -5.05%. And the median was 6.80%.
BXMT's Return-on-Tangible-Equity is ranked worse than 68.64% of 931
companies
in the REITs industry
Industry Median: 6.23
vs BXMT: 2.99
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Blackstone Mortgage Trust Return-on-Tangible-Equity Related Terms
Blackstone Mortgage Trust Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Blackstone Mortgage Trust's Return-on-Tangible-Equity 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.
BXMT vs DX, ARR, EFC: Return-on-Tangible-Equity Comparison
For the REIT - Mortgage subindustry, Blackstone Mortgage Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Blackstone Mortgage Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Blackstone Mortgage Trust's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -0.75% mean?
Blackstone Mortgage Trust (BXMT) has a Return-on-Tangible-Equity of -0.75% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Blackstone Mortgage Trust and its competitors. According to the industry distribution chart, Blackstone Mortgage Trust ranks #639 out of 931 companies in the REITs industry, placing it in the top 68.6%.
Is Blackstone Mortgage Trust's Return-on-Tangible-Equity too high?
Blackstone Mortgage Trust's current Return-on-Tangible-Equity is -0.75%. Based on the distribution chart, Blackstone Mortgage Trust ranks #639 out of 931 companies in the REITs industry, which is below 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 Return-on-Tangible-Equity compare to DX and ARR?
According to the REITs industry distribution chart, Blackstone Mortgage Trust ranks #639 out of 931 companies for Return-on-Tangible-Equity. This places Blackstone Mortgage Trust in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.23, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Blackstone Mortgage Trust and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackstone Mortgage Trust's current Return-on-Tangible-Equity is -0.75%. 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 $18.11, compared to a current price of $17.05 — trading 5.9% below its estimated fair value. The current Return-on-Tangible-Equity is -0.75%. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Blackstone Mortgage Trust (BXMT), the current Return-on-Tangible-Equity is -0.75% 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 $17.05 is trading 5.9% below its estimated GF Value™ of $18.11.
GuruFocus considers Blackstone Mortgage Trust to be Fairly Valued.
Key valuation signals for BXMT:
Return-on-Tangible-Equity: -0.75%
GF Value™: $18.11 vs. price of $17.05 (5.9% below fair value)
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 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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