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Side-by-side financial comparison of BLACKSTONE MORTGAGE TRUST, INC. (BXMT) and Vroom, Inc. (VRM). Click either name above to swap in a different company.

BLACKSTONE MORTGAGE TRUST, INC. is the larger business by last-quarter revenue ($253.5M vs $235.9M, roughly 1.1× Vroom, Inc.). BLACKSTONE MORTGAGE TRUST, INC. runs the higher net margin — -24.1% vs -59.8%, a 35.7% gap on every dollar of revenue.

Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe. Blackstone is also active in...

Vroom, Inc. is a parent company of United Auto Credit Corporation (UACC) and CarStory. Previously, Vroom was a used car retailer and e-commerce company that let consumers buy, sell, and finance cars online. Vroom ceased e-commerce automotive sales operations on January 22, 2024.

BXMT vs VRM — Head-to-Head

Bigger by revenue
BXMT
BXMT
1.1× larger
BXMT
$253.5M
$235.9M
VRM
Higher net margin
BXMT
BXMT
35.7% more per $
BXMT
-24.1%
-59.8%
VRM

Income Statement — Q2 FY2024 vs Q4 FY2023

Metric
BXMT
BXMT
VRM
VRM
Revenue
$253.5M
$235.9M
Net Profit
$-61.1M
$-141.1M
Gross Margin
12.3%
Operating Margin
-23.3%
-11.5%
Net Margin
-24.1%
-59.8%
Revenue YoY
12.9%
Net Profit YoY
-160.1%
-669.8%
EPS (diluted)
$-0.35
$-80.66

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BXMT
BXMT
VRM
VRM
Q2 24
$253.5M
Q1 24
$287.7M
Q4 23
$235.9M
Q3 23
$235.6M
Q2 23
$225.2M
Q1 23
$196.5M
Q4 22
$208.9M
Q3 22
$340.8M
Net Profit
BXMT
BXMT
VRM
VRM
Q2 24
$-61.1M
Q1 24
$-123.8M
Q4 23
$-141.1M
Q3 23
$-82.7M
Q2 23
$-66.0M
Q1 23
$-74.7M
Q4 22
$24.8M
Q3 22
$-51.1M
Gross Margin
BXMT
BXMT
VRM
VRM
Q2 24
Q1 24
Q4 23
12.3%
Q3 23
20.4%
Q2 23
20.4%
Q1 23
19.8%
Q4 22
14.1%
Q3 22
19.8%
Operating Margin
BXMT
BXMT
VRM
VRM
Q2 24
-23.3%
Q1 24
-42.5%
Q4 23
-11.5%
Q3 23
-18.0%
Q2 23
-23.4%
Q1 23
-34.7%
Q4 22
-37.2%
Q3 22
-22.9%
Net Margin
BXMT
BXMT
VRM
VRM
Q2 24
-24.1%
Q1 24
-43.0%
Q4 23
-59.8%
Q3 23
-35.1%
Q2 23
-29.3%
Q1 23
-38.0%
Q4 22
11.9%
Q3 22
-15.0%
EPS (diluted)
BXMT
BXMT
VRM
VRM
Q2 24
$-0.35
Q1 24
$-0.71
Q4 23
$-80.66
Q3 23
$-47.38
Q2 23
$-37.97
Q1 23
$-43.16
Q4 22
Q3 22
$-0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BXMT
BXMT
VRM
VRM
Cash + ST InvestmentsLiquidity on hand
$373.9M
$135.6M
Total DebtLower is stronger
$454.2M
Stockholders' EquityBook value
$4.0B
$127.7M
Total Assets
$22.6B
$1.5B
Debt / EquityLower = less leverage
3.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BXMT
BXMT
VRM
VRM
Q2 24
$373.9M
Q1 24
$414.0M
Q4 23
$135.6M
Q3 23
$208.6M
Q2 23
$237.9M
Q1 23
$316.7M
Q4 22
$398.9M
Q3 22
$509.7M
Total Debt
BXMT
BXMT
VRM
VRM
Q2 24
Q1 24
$16.2B
Q4 23
$454.2M
Q3 23
$521.4M
Q2 23
$544.9M
Q1 23
$554.7M
Q4 22
$402.2M
Q3 22
$607.8M
Stockholders' Equity
BXMT
BXMT
VRM
VRM
Q2 24
$4.0B
Q1 24
$4.1B
Q4 23
$127.7M
Q3 23
$263.6M
Q2 23
$343.4M
Q1 23
$407.1M
Q4 22
$479.8M
Q3 22
$445.1M
Total Assets
BXMT
BXMT
VRM
VRM
Q2 24
$22.6B
Q1 24
$23.3B
Q4 23
$1.5B
Q3 23
$1.6B
Q2 23
$1.6B
Q1 23
$1.7B
Q4 22
$1.6B
Q3 22
$1.8B
Debt / Equity
BXMT
BXMT
VRM
VRM
Q2 24
Q1 24
3.92×
Q4 23
3.56×
Q3 23
1.98×
Q2 23
1.59×
Q1 23
1.36×
Q4 22
0.84×
Q3 22
1.37×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BXMT
BXMT
VRM
VRM
Operating Cash FlowLast quarter
$100.2M
$-108.1M
Free Cash FlowOCF − Capex
$-108.8M
FCF MarginFCF / Revenue
-46.1%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-536.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BXMT
BXMT
VRM
VRM
Q2 24
$100.2M
Q1 24
$94.6M
Q4 23
$-108.1M
Q3 23
$-193.5M
Q2 23
$-147.1M
Q1 23
$-85.0M
Q4 22
$-86.0M
Q3 22
$114.4M
Free Cash Flow
BXMT
BXMT
VRM
VRM
Q2 24
Q1 24
Q4 23
$-108.8M
Q3 23
$-194.2M
Q2 23
$-147.5M
Q1 23
$-85.8M
Q4 22
$-90.2M
Q3 22
$110.5M
FCF Margin
BXMT
BXMT
VRM
VRM
Q2 24
Q1 24
Q4 23
-46.1%
Q3 23
-82.4%
Q2 23
-65.5%
Q1 23
-43.7%
Q4 22
-43.2%
Q3 22
32.4%
Capex Intensity
BXMT
BXMT
VRM
VRM
Q2 24
Q1 24
Q4 23
0.3%
Q3 23
0.3%
Q2 23
0.2%
Q1 23
0.4%
Q4 22
2.0%
Q3 22
1.2%
Cash Conversion
BXMT
BXMT
VRM
VRM
Q2 24
Q1 24
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22
-3.47×
Q3 22

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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