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Financial Analysis

Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data

Fundamentals

Blackstone Real Estate Income Trust, Inc. BSTT

· Financials · Real Estate Investment Trusts

FY2025 10-K, filed 2026-02-27
SEC EDGAR

Filing evidence summary

Caution evidenceCoverage 4/5 core metrics

Latest reported annual revenue changed -6.7% from the prior reported annual observation.

Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.

Evidence signals

  • Revenue contracted

    Latest reported annual revenue changed -6.7% from the prior reported annual observation.

    Why this surfaced

    Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2025-12-31.

  • Operating margin compressed

    Operating margin changed -12.6 percentage points from the prior annual period.

    Why this surfaced

    Direction threshold: more than +1 percentage point constructive; below -1 point caution. Period end 2025-12-31.

  • No current rule-based risk flags

    1 filing-based checks were evaluable.

    Why this surfaced

    The full financial analysis shows each value, threshold, and sector limitation.

Core trend metrics

Latest annual revenue growth
-6.7%
as of 2025-12-31
Latest annual operating margin
50.7%
as of 2025-12-31
Debt / equity
2.87x
as of 2025-12-31
ROIC snapshot
4.5%
period varies

Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.

Where to look next

Risk checks

0of 1 rule-based checks flagged

Financial movement

  • Cash→ flat
  • Long-term debt→ flat
  • Inventory→ flat
  • Receivables→ flat
  • Current assets→ flat

Source & freshness

Source
SEC EDGAR XBRL
Fetched
2026-09-06
Latest period end
2025-12-31
Filings
EDGAR ↗

Reported segment mix

figures as filed · share of the filed sum · change vs the prior period in the same filing
Fiscal year ending 2025-12-3110-K filed 2026-02-27prior period 2024-12-31 from the same filingView filing
By business segment
Revenue
  • Rental Housing Property$5.01B
    62.9%
    -7.4% yoy
  • Industrial Segment$1.31B
    16.5%
    -9.0% yoy
  • Net Lease Segment$603M
    7.6%
    +0.2% yoy
  • Hospitality Segment$515M
    6.5%
    -5.8% yoy
  • Retail Segment$207M
    2.6%
    -6.6% yoy
  • Office Segment$181M
    2.3%
    +1.6% yoy
  • Self Storage Segment$76.7M
    1.0%
    -0.6% yoy
  • Data Center Segment$56M
    0.7%
    +5.9% yoy
  • +1 more member in the filing

Members sum to the consolidated $7.96B for this period.

Operating income
  • Rental Housing Property$2.3B
    57.0%
    -9.9% yoy
  • Industrial Segment$979M
    24.3%
    +25.4% yoy
  • Data Center Segment-$922M
    -22.8%
    -1456.4% yoy
  • Real Estate Related Securities Segment$633M
    15.7%
    -32.8% yoy
  • Net Lease Segment$598M
    14.8%
    +0.1% yoy
  • Office Segment$143M
    3.5%
    +2.4% yoy
  • +3 more members in the filing

Members sum to the consolidated $4.03B for this period.

By product or service
Revenue
  • Rental$7.07B
    share n/a
    -7.0% yoy
  • Rental Property$7.07B
    share n/a
    -7.0% yoy
  • Hospitality$514M
    share n/a
    -5.9% yoy
  • Real Estate Other$373M
    share n/a
    -1.9% yoy

member sum exceeds the consolidated figure: this axis carries more than one breakdown, so shares are not computed.

Latest quarter
Quarter ending 2026-03-3110-Q filed 2026-05-08prior period 2025-03-31 from the same filingView filing
  • Rental Housing Property$1.2B
    61.9%
    -7.7% yoy
  • Industrial Segment$320M
    16.5%
    -6.2% yoy
  • Net Lease Segment$152M
    7.8%
    +1.0% yoy
  • Hospitality Segment$136M
    7.0%
    +1.5% yoy
  • Retail Segment$52.4M
    2.7%
    -1.1% yoy
  • Office Segment$43.9M
    2.3%
    -1.5% yoy
  • +3 more members in the filing

Change is against the same quarter a year earlier, as reported in the same 10-Q.

Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.

Peer percentiles

Not available for BSTT: No stored feature row with a computable metric for this issuer (funds, trusts and 20-F filers are not crawled)..

Earnings quality

Not available for BSTT yet: Earnings-quality fields arrive with this issuer's next re-crawl (sec_screen_v6)..

Point-in-time ledger

Not available for BSTT yet: The point-in-time ledger arrives with this issuer's next re-crawl (sec_screen_v6)..

Notes by disclosure type

Not available for BSTT yet: no footnote text blocks on file for this filer in the ingested DERA files.

Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.

Educational content only. Not financial advice. TrendNalysis provides educational and informational financial analysis built from public SEC filings and economic data (FRED, BLS). It is not financial, investment, tax, or legal advice and is not a recommendation to buy or sell any security. Market pricing is not currently included. Past performance does not guarantee future results. Always do your own research and consult a licensed financial professional before investing.