← BLACKSTONE MORTGAGE TRUST, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $238.3m |
$217.6m
-8.67%
|
$285.1m
+30.99%
|
$305.6m
+7.19%
|
$137.7m
-54.95%
|
$419.2m
+204.49%
|
$248.6m
-40.69%
|
$246.6m
-0.84%
|
($204.1m)
-182.78%
|
$109.6m
+153.69%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $246.4m | $218.0m | $285.8m | $307.4m | $140.4m | $422.3m | $251.1m | $249.9m | ($201.8m) | $109.7m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $8.1m | $337k | $735k | $1.8m | $2.7m | $3.1m | $2.4m | $3.3m | $2.3m | $100k | — | |
| Depreciation and amortization | — | — | — | — | — | — | $0 | $0 | $9.4m | $68.8m | $9.4m | |
| Amortization of Debt Issuance Costs and Discounts | $19.3m | $22.0m | $28.1m | $32.0m | $37.4m | $41.0m | $50.0m | $54.3m | $43.0m | $38.4m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $0 | $0 | $9.4m | — | $9.4m | |
| Share-based Payment Arrangement, Noncash Expense | $21.9m | $24.0m | $28.2m | $30.7m | $34.5m | $31.6m | $33.4m | $30.7m | $31.8m | $28.3m | $27.4m | |
| Share-based Payment Arrangement, Expense | — | — | — | $500k | $500k | $595k | $690k | $680k | — | — | $27.4m | |
| Income (Loss) from Equity Method Investments | $3.2m | — | — | — | — | — | — | — | ($2.7m) | $8.3m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | $0 | $0 | $2.7m | ($8.3m) | ($21.1m) | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($47.4m) | ($14.4m) | $40.6m | $19.9m | $97.1m | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $211.5m | $249.8m | $538.8m | $112.5m | — | |
| Increase (Decrease) in Other Operating Assets | ($6.1m) | $4.6m | $23.4m | $7.4m | ($3.4m) | $21.6m | $106.4m | $20.7m | ($45.2m) | ($30.5m) | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($106.4m) | ($20.7m) | $45.2m | $30.5m | $115.5m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $58.9m | $6.2m | ($4.6m) | ($10.6m) | ($18.4m) | |
| Net Cash Provided by (Used in) Operating Activities | $236.7m |
$227.5m
-3.88%
|
$290.0m
+27.50%
|
$304.0m
+4.84%
|
$336.6m
+10.71%
|
$382.5m
+13.63%
|
$396.8m
+3.75%
|
$458.8m
+15.63%
|
$366.5m
-20.14%
|
$275.9m
-24.72%
|
$353.1m
+27.98%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | — | — | — | — | — | — | $0 | $0 | ($590k) | — | ($590k) | |
| Gain (Loss) on Investments | $13.4m | — | — | — | — | — | — | — | — | — | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($103.1m) | ($390k) | $98.1m | ($33.3m) | $73.4m | |
| Net Cash Provided by (Used in) Investing Activities | $443.6m | ($780.8m) | ($4.3b) | ($1.9b) | ($88.3m) | ($5.6b) | ($3.3b) | $1.4b | $3.5b | $359.4m | $776.5m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | $0 | $0 | $4.6m | $5.4m | $0 | — | |
| Issuance Of Debt | — | — | — | — | — | — | $7.4b | $2.0b | $2.8b | $6.2b | $5.5b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $7.4b | $2.0b | $2.8b | $6.2b | $5.5b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($4.4b) | ($3.4b) | ($6.2b) | ($6.2b) | ($6.1b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $3.0b | ($1.4b) | ($3.4b) | ($26.9m) | ($625.0m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $3.0b | ($1.4b) | ($3.4b) | ($26.9m) | ($625.0m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($4.4b) | ($3.4b) | ($6.2b) | ($6.2b) | ($6.1b) | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | — | $29.2m | $109.5m | — | |
| Payments of Ordinary Dividends, Common Stock | $233 | $235 | $277 | $321 | $349 | $371 | $421 | $427 | $404 | $323 | ($319.2m) | |
| Proceeds from Issuance of Common Stock | $27k | $391.6m | $476.4m | $372.3m | $278.3m | $638.0m | $70.7m | $0 | $0 | — | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($421.4m) | ($426.9m) | ($404.0m) | ($322.7m) | ($319.2m) | |
| Common Stock Issuance | — | — | — | — | — | $638.0m | $70.7m | $0 | $0 | — | $0 | |
| Common Stock Payments | — | — | — | — | — | — | $0 | $0 | ($29.2m) | ($109.5m) | ($81.7m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $638.0m | $70.7m | $0 | $0 | — | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | $70.7m | $0 | ($29.2m) | ($109.5m) | ($81.7m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | $0 | ($29.2m) | ($109.5m) | ($81.7m) | |
| Dividends Payable | — | $67 | $77 | $84 | $91 | $104 | $106 | $107 | $81 | $79 | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($421.4m) | ($426.9m) | ($404.0m) | ($322.7m) | ($319.2m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($53.5m) | ($32.2m) | ($46.0m) | ($55.3m) | ($56.4m) | |
| Net Cash Provided by (Used in) Financing Activities | ($699.6m) |
$574.7m
+182.15%
|
$4.0b
+588.61%
|
$1.6b
-59.26%
|
($110.8m)
-106.87%
|
$5.5b
+5072.71%
|
$2.6b
-52.67%
|
($1.8b)
-170.88%
|
($3.9b)
-110.11%
|
($514.4m)
+86.75%
|
($1.1b)
-110.38%
|
|
| Beginning Cash Position | — | — | — | — | — | — | $551.2m | $291.3m | $350.0m | $323.5m | $388.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $102.5m | $105.7m | — | $290.0m | $551.2m | $291.3m | $350.0m | $323.5m | $452.5m | $435.4m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $5.5m | $7.1m | — | — | ($2.1m) | ($10.3m) | $3.7m | ($7.4m) | $8.2m | ($2.5m) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($10.3m) | $3.7m | ($7.4m) | $8.2m | ($2.5m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Payments of Financing Costs | $15.3m | $27.5m | $25.0m | $39.4m | $47.3m | $43.7m | $46.0m | $23.2m | $30.8m | $53.8m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $318.9m | $425.8m | $312.1m | $287.7m | $608.3m | $1.3b | $1.3b | $966.6m | — | |
| Income Taxes Paid, Net | $286k | $296k | $554k | ($109k) | $232k | ($73k) | $676k | $6.7m | $4.5m | $4.0m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | — | $327k | ($1.1m) | $867k | $3.9m | $4.3m | ($2.8m) | $2.1m | ($2.7m) | — | |
| General and Administrative Expense | $27.7m | $29.9m | $35.5m | $38.9m | $45.9m | $43.2m | $52.2m | $51.1m | $53.9m | $52.2m | — | |
| Income Tax Expense (Benefit) | $196k | $314k | $308k | ($506k) | $323k | $423k | $3.0m | $5.4m | $2.4m | $3.7m | — | |
| Operating Lease, Lease Income | — | — | — | — | — | — | — | — | — | $66.2m | — | |
| Proceeds from Noncontrolling Interests | — | $12.2m | $9.3m | $51.4m | $8.4m | $55.9m | $5.0m | $0 | $1.2m | $0 | — | |
| Proceeds from (Payments to) Noncontrolling Interests | ($21.1m) | ($6.2m) | ($5.9m) | ($41.6m) | — | — | — | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $167.7m | ($39.9m) | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $2.6b | ($1.8b) | ($3.9b) | ($514.4m) | ($1.1b) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($3.3b) | $1.4b | $3.5b | $359.4m | $776.5m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($249.5m) | $55.0m | ($19.1m) | $120.9m | — | |
| Changes In Cash | — | — | — | — | — | — | ($249.5m) | $55.0m | ($19.1m) | $120.9m | $47.3m | |
| End Cash Position | — | — | — | — | — | — | $291.3m | $350.0m | $323.5m | $452.5m | $435.4m | |
| Financing Cash Flow | — | — | — | — | — | — | $2.6b |
($1.8b)
-170.88%
|
($3.9b)
-110.11%
|
($514.4m)
+86.75%
|
($1.1b)
-110.38%
|
|
| Free Cash Flow | — | — | — | — | — | — | $396.8m | $458.8m | $366.5m | $275.9m | $353.1m | |
| Investing Cash Flow | — | — | — | — | — | — | ($3.3b) | $1.4b | $3.5b | $359.4m | $776.5m | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | ($6.9m) | ($31k) | $0 | $0 | — | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $330.3m | ($69.9m) | ($67.0m) | ($279.4m) | ($336.7m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($20.0m) | ($30.0m) | ($14.7m) | ($25.5m) | ($22.2m) | |
| Other Non Cash Items | — | — | — | — | — | — | — | ($2.9m) | ($7.1m) | $90.5m | — | |
| Purchase Of Investment | — | — | — | — | — | — | ($23.1m) | ($233.5m) | ($157.2m) | ($410.1m) | ($425.5m) | |
| Sale Of Investment | — | — | — | — | — | — | $353.3m | $163.7m | $90.2m | $130.8m | $88.8m | |
| Stock Based Compensation | — | — | — | — | — | — | $33.4m | $30.7m | $31.8m | $28.3m | $27.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.