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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	103.68	109.67	-201.83	249.9	251.06	422.27
Depreciation & Amortization	73.45	68.84	9.41	-	-	-
Provision for Credit Losses	118.04	112.49	538.8	249.79	211.51	-39.86
Stock-Based Compensation	27.98	28.26	31.83	30.66	33.41	31.65
Other Adjustments	-65.96	-63.27	-52.35	-57.08	-51.71	-34.81
Changes in Other Operating Activities	85.3	19.88	40.6	-14.42	-47.44	3.24
Operating Cash Flow	345.08	275.87	366.45	458.84	396.83	382.48
Operating Cash Flow Growth	-7.32%	-24.72%	-20.14%	15.63%	3.75%	13.63%
Net Change in Loans Held-for-Investment	717.54	672.04	3,466	1,514	-3,481	-5,677
Net Change in Securities and Investments	-66.65	-	-	-	-	-
Capital Expenditures	-19.05	-12.77	-0.59	-	-	-
Other Investing Activities	-312.55	-299.86	31.68	-70.25	227.16	49.66
Investing Cash Flow	319.29	359.41	3,497	1,444	-3,254	-5,627
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	-	-104.03	-235.96	100.69	245.28	-
Long-Term Debt Issued	5,121	6,175	2,754	1,929	7,155	14,250
Long-Term Debt Repaid	-5,518	-6,098	-5,922	-3,418	-4,389	-8,975
Net Long-Term Debt Issued (Repaid)	-396.73	77.15	-3,168	-1,490	2,766	5,275
Issuance of Common Stock	-	-	-	-	70.65	638.01
Repurchase of Common Stock	-78.66	-109.51	-29.23	-	-	-
Net Common Stock Issued (Repurchased)	-78.66	-109.51	-29.23	-	70.65	638.01
Common Dividends Paid	-320.6	-322.73	-404.02	-426.93	-421.39	-370.66
Other Financing Activities	-51.97	-55.3	-45.95	-32.17	-53.53	-34.45
Financing Cash Flow	-789.13	-514.42	-3,883	-1,848	2,607	5,508
Effect of Exchange Rate Changes on Cash and Cash Equivalents	5.35	8.18	-7.39	3.7	-10.33	-2.06
Net Cash Flow	-124.76	120.86	-19.14	54.98	-249.49	263.25
Free Cash Flow	326.03	263.1	365.86	458.84	396.83	382.48
Free Cash Flow Growth	23.92%	-28.09%	-20.26%	15.63%	3.75%	13.63%
FCF Margin	55.80%	59.75%	-908.44%	107.84%	95.27%	80.59%
Free Cash Flow Per Share	1.92	1.54	2.11	2.66	2.33	2.52

SEC Filings: 10-K · 10-Q