Blackstone Real Estate Income Trust, Inc.
References herein to Blackstone Real Estate Income Trust, the Company, BREIT, we, us, or our refer to Blackstone Real Estate Income Trust, Inc., a Maryland corporation, and its subsidiaries unless the context specifically requires otherwise. General Description of Business and Operations BREIT invests primarily in stabilized, income-generating commercial real estate across asset classes in the …
$0.13
+$0.00 (+0.00%)
Price from 154 days ago
50.67% operating margin is above average. ROIC at 3.93%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue declined 6.7% YoY. Margins deteriorated 12.6pp alongside, both lines moving the wrong way.
Net debt of $54.62B represents 51.0x FCF, leverage limits flexibility. Operating margin contracted 12.6pp YoY, cost discipline may be slipping.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$7.71B
▼ -6.7% YoY
Net Income (TTM)
-$1.86B
▼ -268.8% YoY
Op. Margin
58.11%
▼ -12.6pp YoY
ROIC
4.76%
▼ -1.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$1.05B
▲ +12.6% YoY
Op. Cash Flow (TTM)
$2.32B
▲ +9.5% YoY
Net Debt
$51.81B
Cash & Equiv.
$1.41B
5Y CAGR: +25.6%
5Y CAGR: +10.7%
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SourceComputed from the 10-Q filed 7 Aug 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 8 Aug 2026. How this is calculated.
Price from market data, last close as of 22 May 2026. Fiscal year ends Dec. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is Blackstone Real Estate Income Trust (BSTT) overvalued?
Blackstone Real Estate Income Trust (BSTT) trades above a two-stage DCF intrinsic value of about $-9.52 per share, so at $0.13 the stock looks overvalued (7,422.9% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Blackstone Real Estate Income Trust scores 38/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 246.5%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Blackstone Real Estate Income Trust's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $-9.52 per share for BSTT, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $-7.14. At today's $0.13, that puts the stock about 7,422.9% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Blackstone Real Estate Income Trust a high-quality business?+
Blackstone Real Estate Income Trust scores 38 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 58.1% operating margin and a 4.8% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Blackstone Real Estate Income Trust (BSTT) pay a dividend, and how much?+
Yes, Blackstone Real Estate Income Trust pays a regular dividend of about $0.32 per share per year (typically in quarterly installments), a yield of roughly 246.5% at the current price. Blackstone Real Estate Income Trust has grown the dividend at roughly 12.7% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For BSTT's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Blackstone Real Estate Income Trust a good stock to buy right now?+
That depends on valuation and quality together, not either alone. BSTT currently trades above its estimated intrinsic value and scores 38/100 on quality (lower-quality). It also yields about 246.5%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.
Related stocks: Real Estate Investment Trusts
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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