1. United States of America Stocks

  2. •

    Real Estate

  3. •

    REIT - Mortgage
Franklin BSP Realty Trust, Inc.

Franklin BSP Realty Trust, Inc.

FBRT-PE
Franklin BSP Realty Trust, Inc.US flagNew York Stock Exchange
19.98
USD
-0.06
- -
1.64BMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
59
79
90
152
198
184
222
367
570
549
501
499
Operating Margin (%)
57.57
44.83
40.68
30.77
28.98
32.13
54.65
27.53
27.17
20.18
16.97
9.78
Depreciation Expense
- -
- -
- -
- -
- -
2
2
5
8
6
10
12
Net Income, GAAP
25
30
34
53
84
55
26
14
145
96
82
70
Effective Tax Rate (%)
- -
- -
0.66
0.15
5.07
- -
12.28
- -
- -
1.2
4.42
5.41
Profit Margin (%)
41.98
37.77
37.71
34.69
42.29
29.73
11.6
3.93
25.5
17.47
16.42
14.07
Working Capital
- -
1,119
1,524
2,513
2,668
2,748
5,078
5,225
5,161
5,089
4,766
4,954
LT Debt
- -
536
918
1,665
2,091
1,962
3,392
4,008
4,009
4,076
4,063
4,368
Total Equity
- -
634
610
733
817
798
1,711
1,578
1,586
1,520
1,531
1,480
Return on Invested Capital (%)
- -
5.76
2.58
2.33
1.9
- -
1.74
- -
- -
1.89
1.4
0.8
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
132
187
212
LT Borrowings
4,226
4,063
4,368
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
259
259
259
Shares Outstanding
83
82
77
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
5,253
5,039
5,237
Cash, Cash Equivalents & STI
117
167
116
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
225
273
284
Payables & Accruals
93
86
71
ST Debt
132
187
212
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
20.73%
0.75%
Free Cash Flow
103.89%
79.8%
409.46%
Net Income, GAAP
87.46%
152.24%
-14.19%
Sales/Revenue/Turnover
26.84%
25.75%
-8.73%
Total Cash Common Dividend
24.85%
40.79%
0.57%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
135
138
138
136
549
2025
121
120
137
125
501
2026
118
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Michael Comparato
Full Time Employees
231
Sector
Real Estate
Industry
REIT - Mortgage
Address
1345 Avenue of the Americas New York City NY United States of America 10105
IPO Date
Oct 19, 2021
CIK
0001562528
Website
fbrtreit.com
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Business
Franklin BSP Realty Trust, Inc. (NYSE: FBRT; FBRT-PE) is a real estate investment trust that originates, acquires and manages a diversified portfolio of commercial real estate debt investments secured by properties across the United States; its core offerings include first mortgage loans, subordinated mortgage loans, mezzanine loans, bridge loans, participations in such loans and conduit loans sold into commercial mortgage-backed securities through its taxable REIT subsidiary; the company also invests in commercial real estate securities and owns real estate acquired through foreclosure or purchased for investment, operating through segments encompassing real estate debt, real estate securities, commercial real estate conduit and real estate-owned businesses. Founded in 2012 and headquartered in New York, FBRT targets owners and operators of commercial properties including multifamily, affordable housing, seniors housing, healthcare and manufactured housing, with a national origination footprint supported by Benefit Street Partners L.L.C., its external investment advisor and a subsidiary of Franklin Resources, Inc. Recent developments include the March 2025 acquisition of NewPoint Holdings JV LLC for $425 million, which expanded multifamily lending capabilities with agency execution for Fannie Mae, Freddie Mac and FHA/HUD programs, creating a comprehensive one-stop financing platform from construction through permanent agency debt; in September 2025, FBRT priced a $1.076 billion collateralized loan obligation (BSPRT 2025-FL12) and financed a $500 million asset pool, generating approximately $250 million in cash to support $1.0 billion of new loan originations while reducing financing costs.