📊 BSTT Key Takeaways
Is Blackstone Real Estate Income Trust, Inc. (BSTT) a Good Investment?
Blackstone REIT demonstrates severe profitability deterioration with negative net income of -$3.3B and negative margins (-41.2%), indicating substantial write-downs or valuation adjustments in its real estate portfolio. While the company maintains strong liquidity with $2.3B operating cash flow and reasonable leverage metrics, the persistent unprofitability and negative ROE/ROA signal fundamental weakness in portfolio performance that outweighs operational cash generation.
Blackstone Real Estate Income Trust shows strong asset scale, high operating profitability, and solid operating cash flow generation, which support the underlying durability of the platform. However, declining revenue, a large net loss, and elevated leverage with only moderate interest coverage weaken the quality of earnings and limit financial flexibility. The fundamentals suggest a business with meaningful underlying cash-generating capacity, but current balance sheet risk and earnings pressure argue for caution.
Why Buy Blackstone Real Estate Income Trust, Inc. Stock? BSTT Key Strengths
- Strong operating cash flow of $2.3B provides financial flexibility despite negative earnings
- Moderate leverage ratio of 2.87x debt-to-equity is manageable for REIT sector standards
- Substantial asset base of $98.6B demonstrates scale and diversified real estate portfolio
- Strong operating margin of 50.7% indicates efficient property-level and platform earnings power
- Operating cash flow of $2.29B and 28.7% FCF margin provide meaningful internal cash generation
- Large asset base of $98.60B supports diversification and scale across real estate holdings
BSTT Stock Risks: Blackstone Real Estate Income Trust, Inc. Investment Risks
- Severe net loss of -$3.3B with negative 41.2% net margin indicates significant portfolio impairment or valuation write-downs
- Negative ROE (-17.0%) and ROA (-3.3%) suggest the asset base is not generating returns for shareholders
- Revenue decline of 6.7% YoY combined with deteriorating profitability signals weakening portfolio quality and market conditions
- Long-term debt of $55.5B is substantial and interest coverage of only 2.6x leaves limited cushion for revenue stress
- Net loss of $3.28B and negative ROE/ROA point to weak bottom-line profitability
- High leverage with $55.54B of long-term debt and 2.87x debt-to-equity increases refinancing and balance sheet risk
- Revenue declined 6.7% YoY and interest coverage of 2.6x leaves limited room if property income weakens further
Key Metrics to Watch
- Net income recovery trajectory and elimination of valuation write-downs
- Revenue stabilization and return to growth vs. continued 6-7% annual decline
- Operating cash flow sustainability and debt service coverage ratios
- Portfolio occupancy rates and same-store NOI growth trends
- Interest coverage and debt refinancing trends
- Revenue growth and operating cash flow consistency
Blackstone Real Estate Income Trust, Inc. (BSTT) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 28.7% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
BSTT Profit Margin, ROE & Profitability Analysis
BSTT vs Real Estate Sector: How Blackstone Real Estate Income Trust, Inc. Compares
How Blackstone Real Estate Income Trust, Inc. compares to Real Estate sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Blackstone Real Estate Income Trust, Inc. Stock Overvalued? BSTT Valuation Analysis 2026
Based on fundamental analysis, Blackstone Real Estate Income Trust, Inc. shows some fundamental concerns relative to the Real Estate sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Blackstone Real Estate Income Trust, Inc. Balance Sheet: BSTT Debt, Cash & Liquidity
BSTT Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Blackstone Real Estate Income Trust, Inc.'s revenue has grown significantly by 411% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.16 indicates the company is currently unprofitable.
BSTT Revenue Growth, EPS Growth & YoY Performance
BSTT Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $1.9B | -$606.1M | $-0.16 |
| Q2 2025 | $2.0B | -$488.5M | $-0.13 |
| Q1 2025 | $2.1B | -$133.0M | $-0.03 |
| Q3 2024 | $2.1B | $588.3M | $0.14 |
| Q2 2024 | $2.2B | $153.9M | $0.03 |
| Q1 2024 | $2.2B | -$133.0M | $-0.03 |
| Q3 2023 | $2.1B | -$248.5M | $-0.06 |
| Q2 2023 | $1.7B | $153.9M | $0.03 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Blackstone Real Estate Income Trust, Inc. Dividends, Buybacks & Capital Allocation
BSTT SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Blackstone Real Estate Income Trust, Inc. (CIK: 0001662972)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BSTT
What is the AI rating for BSTT?
Blackstone Real Estate Income Trust, Inc. (BSTT) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are BSTT's key strengths?
Claude: Strong operating cash flow of $2.3B provides financial flexibility despite negative earnings. Moderate leverage ratio of 2.87x debt-to-equity is manageable for REIT sector standards. ChatGPT: Strong operating margin of 50.7% indicates efficient property-level and platform earnings power. Operating cash flow of $2.29B and 28.7% FCF margin provide meaningful internal cash generation.
What are the risks of investing in BSTT?
Claude: Severe net loss of -$3.3B with negative 41.2% net margin indicates significant portfolio impairment or valuation write-downs. Negative ROE (-17.0%) and ROA (-3.3%) suggest the asset base is not generating returns for shareholders. ChatGPT: Net loss of $3.28B and negative ROE/ROA point to weak bottom-line profitability. High leverage with $55.54B of long-term debt and 2.87x debt-to-equity increases refinancing and balance sheet risk.
What is BSTT's revenue and growth?
Blackstone Real Estate Income Trust, Inc. reported revenue of $8.0B.
Does BSTT pay dividends?
Blackstone Real Estate Income Trust, Inc. pays dividends, with $1,146.2M distributed to shareholders in the trailing twelve months.
Where can I find BSTT SEC filings?
Official SEC filings for Blackstone Real Estate Income Trust, Inc. (CIK: 0001662972) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BSTT's EPS?
Blackstone Real Estate Income Trust, Inc. has a diluted EPS of $-0.92.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is BSTT a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Blackstone Real Estate Income Trust, Inc. has a SELL rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is BSTT stock overvalued or undervalued?
Valuation metrics for BSTT: ROE of -17.0% (sector avg: 8%), net margin of -41.2% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.
Should I buy BSTT stock in 2026?
Our dual AI analysis gives Blackstone Real Estate Income Trust, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is BSTT's free cash flow?
Blackstone Real Estate Income Trust, Inc.'s operating cash flow is $2.3B, with capital expenditures of N/A. FCF margin is 28.7%.
How does BSTT compare to other Real Estate stocks?
Vs Real Estate sector averages: Net margin -41.2% (avg: 20%), ROE -17.0% (avg: 8%), current ratio N/A (avg: 1.5).
Is Blackstone Real Estate Income Trust, Inc. carrying too much debt?
BSTT has a debt-to-equity ratio of 2.87x, which is above the Real Estate sector average of 1.5x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.