Blackstone Mortgage Trust, Inc. (BXMT)

Solvency & Capital Structure

Total Debt

—

Net Debt

-$432.8M

Blackstone Mortgage Trust, Inc. currently has — in total debt. Net debt is -$432.8M after cash offsets. This 'Net Cash' position indicates exceptional financial strength.

Financial Fundamentals

BXMT • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	0.00	0.43	-0.43Net Cash	19.40	0.0%
2026-03-31	15.89	0.55	15.34	19.63	81.0%
2025-12-31	16.16	0.45	15.71	20.00	80.8%
2025-09-30	15.80	0.38	15.42	19.70	80.2%
2025-06-30	16.58	0.39	16.19	20.58	80.5%
2025-03-31	15.93	0.67	15.26	19.96	79.8%
2024-12-31	15.73	0.32	15.41	19.80	79.4%
2024-09-30	17.34	0.32	17.02	21.44	80.9%
2024-06-30	18.37	0.37	18.00	22.64	81.2%
2024-03-31	18.87	0.41	18.45	23.27	81.1%
2023-12-31	19.29	0.35	18.94	24.04	80.2%
2023-09-30	19.27	0.42	18.85	24.04	80.2%
2023-06-30	20.00	0.48	19.52	24.86	80.5%
2023-03-31	20.54	0.52	20.03	25.39	80.9%
2022-12-31	20.38	0.29	20.09	25.35	80.4%
2022-09-30	19.91	0.27	19.63	24.80	80.3%
2022-06-30	20.57	0.28	20.29	25.44	80.9%
2022-03-31	19.21	0.31	18.90	24.07	79.8%
2021-12-31	17.90	0.55	17.35	22.70	78.8%
2021-09-30	16.28	0.24	16.04	20.71	78.6%
2021-06-30	13.79	0.34	13.45	17.90	77.0%
2021-03-31	13.29	0.28	13.01	17.35	76.6%
2020-12-31	12.91	0.29	12.62	16.96	76.1%
2020-09-30	12.80	0.43	12.37	16.88	75.8%
2020-06-30	13.62	1.26	12.36	17.66	77.1%
2020-03-31	12.92	0.36	12.57	16.76	77.1%
2019-12-31	12.59	0.15	12.44	16.55	76.1%
2019-09-30	11.18	0.08	11.10	15.08	74.2%
2019-06-30	10.65	0.08	10.57	14.57	73.1%
2019-03-31	11.21	0.08	11.13	14.80	75.8%
2018-12-31	10.96	0.11	10.86	14.47	75.8%
2018-09-30	8.99	0.09	8.90	12.42	72.4%
2018-06-30	9.24	0.11	9.13	12.38	74.6%
2018-03-31	8.18	0.06	8.12	11.21	72.9%
2017-12-31	7.24	0.07	7.17	10.26	70.6%
2017-09-30	7.15	0.06	7.09	9.78	73.1%
2017-06-30	7.12	0.03	7.08	9.72	73.2%
2017-03-31	6.28	0.06	6.22	8.95	70.2%
2016-12-31	6.23	0.08	6.16	8.81	70.7%
2016-09-30	5.90	0.09	5.80	8.51	69.3%
2016-06-30	6.79	0.18	6.60	9.49	71.5%
2016-03-31	6.95	0.11	6.84	9.55	72.8%
2015-12-31	6.78	0.10	6.68	9.38	72.3%
2015-09-30	7.26	0.14	7.12	9.85	73.7%
2015-06-30	7.89	0.10	7.78	10.47	75.4%
2015-03-31	0.87	0.02	0.85	5.09	17.1%
2014-12-31	3.01	0.05	2.96	4.59	65.6%
2014-09-30	0.61	0.06	0.55	4.10	14.9%
2014-06-30	0.62	0.12	0.50	3.75	16.6%
2014-03-31	0.29	0.07	0.22	2.89	10.0%
2013-12-31	0.29	0.05	0.24	2.21	13.1%
2013-09-30	0.08	0.01	0.07	1.58	5.3%
2013-06-30	0.08	0.06	0.02	1.09	7.7%
2013-03-31	0.15	0.02	0.13	0.37	39.9%
2012-12-31	0.15	0.02	0.13	0.32	45.8%
2012-09-30	0.51	0.04	0.47	0.58	87.0%
2012-06-30	0.53	0.03	0.49	0.58	90.4%
2012-03-31	0.55	0.04	0.51	0.61	91.0%
2011-12-31	1.27	0.03	1.24	1.37	93.3%
2011-09-30	1.48	0.03	1.45	1.54	96.3%
2011-06-30	2.17	0.03	2.14	2.37	91.6%
2011-03-31	3.60	0.03	3.57	3.89	92.5%
2010-12-31	3.85	0.05	3.80	4.12	93.5%
2010-09-30	3.91	0.02	3.89	4.24	92.4%
2010-06-30	4.03	0.03	4.00	4.50	89.5%
2010-03-31	4.09	0.03	4.06	4.57	89.4%
2009-12-31	1.33	0.03	1.30	1.94	68.4%
2009-09-30	1.35	0.03	1.32	2.39	56.5%
2009-06-30	1.26	0.02	1.24	2.53	49.8%
2009-03-31	1.37	0.02	1.35	2.60	52.6%
2008-12-31	1.38	0.05	1.34	2.84	48.8%
2008-09-30	1.39	0.12	1.27	3.07	45.2%
2008-06-30	1.40	0.10	1.30	3.14	44.6%
2008-03-31	1.42	0.12	1.29	3.31	42.8%
2007-12-31	1.40	0.03	1.37	3.21	43.5%
2007-09-30	1.40	0.02	1.38	3.10	45.1%
2007-06-30	1.40	0.02	1.38	3.19	44.0%
2007-03-31	1.36	0.02	1.34	2.94	46.3%
2006-12-31	1.97	0.03	1.94	2.65	74.3%
2006-09-30	1.59	0.03	1.57	2.27	70.2%
2006-06-30	1.64	0.01	1.63	2.17	75.2%
2006-03-31	1.30	0.01	1.30	1.92	68.0%
2005-12-30	0.82	0.02	0.80	1.56	52.9%
2005-09-30	0.98	0.01	0.97	1.33	73.7%
2005-06-30	0.70	0.01	0.68	1.03	67.3%
2005-03-31	0.67	0.02	0.64	1.00	66.5%
2004-12-31	0.07	0.02	0.04	0.88	7.4%
2004-09-30	0.46	0.01	0.45	0.79	58.4%
2004-06-30	0.32	0.04	0.28	0.47	68.1%
2004-03-31	0.35	0.02	0.33	0.47	75.4%
2003-12-31	0.19	0.01	0.18	0.40	46.8%
2003-09-30	0.19	0.01	0.18	0.39	48.9%
2003-06-30	0.20	0.01	0.19	0.39	50.9%
2003-03-31	0.27	0.01	0.26	0.38	71.3%
2002-12-31	0.20	0.01	0.19	0.38	52.0%
2002-09-30	0.21	0.01	0.20	0.44	47.2%
2002-06-30	0.18	0.02	0.16	0.47	38.1%
2002-03-31	0.35	0.01	0.34	0.62	56.3%
2001-12-31	0.41	0.01	0.40	0.68	60.0%
2001-09-30	0.43	0.01	0.42	0.69	61.8%
2001-06-30	0.35	0.01	0.34	0.65	54.1%
2001-03-31	0.32	0.01	0.31	0.65	50.0%
2000-12-31	0.33	0.01	0.31	0.64	50.6%
2000-09-30	0.35	0.01	0.34	0.68	52.1%
2000-06-30	0.40	0.01	0.38	0.72	55.0%
2000-03-31	0.42	0.03	0.39	0.74	56.5%
1999-12-31	0.51	0.04	0.47	0.83	61.0%
1999-09-30	0.50	0.02	0.48	0.81	61.2%
1999-06-30	0.50	0.01	0.49	0.82	61.7%
1999-03-31	0.50	0.02	0.47	0.81	61.1%
1998-12-31	0.46	0.05	0.41	0.77	59.4%
1998-09-30	0.58	0.02	0.56	0.74	77.9%
1998-06-30	0.47	0.01	0.46	0.64	74.5%
1998-03-31	0.29	0.01	0.28	0.45	65.4%
1997-12-31	0.17	0.05	0.12	0.32	52.6%
1997-09-30	0.02	0.00	0.01	0.11	14.8%
1997-06-30	0.00	0.00	-0.00Net Cash	0.07	1.3%
1997-03-31	0.00	0.01	-0.01Net Cash	0.03	3.6%
1996-12-31	0.01	0.00	0.00	0.03	17.3%
1996-09-30	0.01	0.00	0.00	0.03	17.3%