Blackstone Mortgage Trust Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	107.2	-204.09	246.56	248.64	419.19	137.67
Depreciation & Amortization	56.15	9.41	-	-	-	-
Other Amortization	38.1	42.96	54.26	50.02	41	37.4
Loss (Gain) From Sale of Investments	-12.58	-12.06	-25.43	-19.95	-0.04	0.5
Provision for Credit Losses	113.17	538.8	249.79	211.51	-39.86	167.65
Loss (Gain) on Equity Investments	1.71	2.75	-	-	-	-
Stock-Based Compensation	29.34	31.83	30.66	33.41	31.65	53.81
Change in Other Net Operating Assets	-31.7	40.6	-14.42	-47.44	3.24	-2.96
Other Operating Activities	-77.29	-83.74	-82.57	-79.36	-72.69	-57.47
Operating Cash Flow	224.11	366.45	458.84	396.83	382.48	336.61
Operating Cash Flow Growth	-42.98%	-20.14%	15.63%	3.75%	13.63%	10.71%
Investment in Securities	-185.86	-7.2	-	-	-	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	2,120	3,434	1,496	-3,556	-5,820	-46.27
Other Investing Activities	23.35	70.58	-52.26	302.09	192.66	-41.98
Investing Cash Flow	1,948	3,497	1,444	-3,254	-5,627	-88.25
Long-Term Debt Issued	-	2,754	2,030	7,401	14,250	5,097
Long-Term Debt Repaid	-	-6,158	-3,418	-4,389	-8,975	-5,083
Net Debt Issued (Repaid)	-1,670	-3,403	-1,389	3,011	5,275	13.75
Issuance of Common Stock	-	-	-	70.65	638.01	278.32
Repurchase of Common Stock	-65.99	-29.23	-	-	-	-
Common Dividends Paid	-323.8	-404.02	-426.93	-421.39	-370.66	-348.91
Other Financing Activities	-58.53	-45.95	-32.17	-53.53	-34.45	-53.94
Financing Cash Flow	-2,118	-3,883	-1,848	2,607	5,508	-110.77
Foreign Exchange Rate Adjustments	1.45	-7.39	3.7	-10.33	-2.06	2.29
Net Cash Flow	55.82	-26.53	58.67	-259.81	261.18	139.88
Cash Interest Paid	1,005	1,261	1,293	608.26	287.72	312.09
Cash Income Tax Paid	3.25	4.48	6.67	0.68	-0.07	0.23

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.