NYSE : GPMT
Granite Point Mortgage Trust Inc. — Financial statements
Real Estate · REIT - Mortgage · United States
Last price 4.27 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 20.58M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest and Dividend Income | 110.65M | 131.73M | 185.55M | 263.74M | 210.85M | 198.29M |
| Total Interest Expense | 80.09M | 97.88M | 149.67M | 181.74M | 126.13M | 105.58M |
| Net Interest Income | 30.56M | 33.85M | 35.88M | 82.00M | 84.72M | 92.71M |
| Commissions and Fees | 134.00K | 954.00K | ||||
| Revenue Before Loan Losses | 30.56M | 33.85M | 35.88M | 82.13M | 85.68M | 92.71M |
| Provision for Loan Losses | 59.55M | 27.54M | 201.41M | 104.81M | 69.27M | -20.03M |
| Revenue | -28.99M | 6.31M | -165.53M | -22.67M | 16.41M | 112.73M |
| Salaries & Employee Benefits | 17.13M | 19.86M | 19.46M | 21.71M | 20.23M | 21.46M |
| Cost of Services Provided | 3.25M | 3.60M | 5.35M | 5.31M | 5.72M | 5.17M |
| Other Operating Expenses | 19.22M | 17.40M | 15.93M | 13.64M | 10.75M | 8.63M |
| Total Operating Expenses | 39.60M | 40.86M | 40.75M | 40.67M | 36.70M | 35.27M |
| Operating Income | -68.59M | -34.55M | -206.28M | -63.34M | -20.28M | 77.46M |
| EBT Excluding Unusual Items | -68.59M | -34.55M | -206.28M | -63.34M | -20.28M | 77.46M |
| Other Unusual Items | -786.00K | 238.00K | -18.82M | -8.92M | ||
| Pretax Income | -81.44M | -41.00M | -207.06M | -63.10M | -40.81M | 68.55M |
| Income Tax Expense | 170.00K | 149.00K | -10.00K | 95.00K | 17.00K | 192.00K |
| Net Income | -81.61M | -41.15M | -207.05M | -63.20M | -40.83M | 68.35M |
| Preferred Dividends & Other Adjustments | 14.33M | 14.40M | 14.40M | 14.45M | 14.50M | 793.00K |
| Net Income to Common | -95.94M | -55.55M | -221.45M | -77.65M | -55.33M | 67.56M |
| Shares Outstanding (Basic) | 4.76M | 4.79M | 5.04M | 5.16M | 5.30M | 5.46M |
| Shares Outstanding (Diluted) | 4.76M | 4.79M | 5.04M | 5.16M | 5.30M | 5.49M |
| EPS (Basic) | -20.15 | -11.60 | -43.92 | -15.04 | -10.44 | 12.38 |
| EPS (Diluted) | -20.15 | -11.60 | -43.92 | -15.04 | -10.44 | 12.30 |
| Dividend Per Share | 2.00 | 2.00 | 3.00 | 8.00 | 9.50 | 10.00 |
| Operating Margin | -547.65% | -123.57% | 68.71% | |||
| Profit Margin | -880.54% | -337.07% | 59.93% | |||
| Effective Tax Rate | 0.28% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 58.48M | 65.96M | 87.79M | 188.37M | 133.13M | 191.93M |
| Loans & Lease Receivables | 1.23B | 1.54B | 1.90B | 2.58B | 3.27B | 3.74B |
| Other Receivables | 5.46M | 7.59M | 8.67M | 12.38M | 13.41M | 10.72M |
| Restricted Cash | 48.99M | 14.11M | 26.68M | 10.85M | 7.03M | 12.36M |
| Other Long-Term Assets | 118.03M | 129.83M | 94.33M | 51.51M | 32.71M | 32.20M |
| Total Assets | 1.46B | 1.76B | 2.12B | 2.85B | 3.45B | 3.99B |
| Current Portion of Long-Term Debt | 313.72M | 439.17M | 597.87M | 875.44M | 677.17M | 436.74M |
| Long-Term Debt | 639.32M | 732.85M | 875.09M | 1.08B | 1.75B | 2.50B |
| Other Current Liabilities | 6.17M | 6.16M | 6.24M | 14.14M | 14.32M | 14.41M |
| Other Long-Term Liabilities | 23.06M | 24.23M | 16.70M | 22.63M | 24.97M | 21.44M |
| Total Liabilities | 982.36M | 1.20B | 1.50B | 1.99B | 2.47B | 2.97B |
| Common Stock | 482.00K | 476.00K | 488.00K | 506.00K | 524.00K | 538.00K |
| Additional Paid-In Capital | 1.20B | 1.20B | 1.20B | 1.20B | 1.20B | 1.13B |
| Retained Earnings | -716.37M | -643.15M | -577.30M | -339.74M | -219.38M | -112.77M |
| Total Common Equity | 480.19M | 552.61M | 619.01M | 858.82M | 983.46M | 1.01B |
| Minority Interest | 125.00K | 125.00K | 125.00K | 125.00K | 125.00K | 125.00K |
| Shareholders' Equity | 480.40M | 552.81M | 619.22M | 859.02M | 984.67M | 1.01B |
| Total Liabilities & Equity | 1.46B | 1.76B | 2.12B | 2.85B | 3.45B | 3.99B |
| Total Debt | 953.13M | 1.17B | 1.47B | 1.95B | 2.43B | 2.94B |
| Net Cash (Debt) | -894.65M | -1.11B | -1.39B | -1.76B | -2.30B | -2.75B |
| Net Cash Per Share | -187.89 | -231.05 | -274.71 | -341.35 | -433.30 | -500.02 |
| Filing Date Shares Outstanding | 4.82M | 4.76M | 4.89M | 5.08M | 5.25M | 5.39M |
| Total Common Shares Outstanding | 4.82M | 4.76M | 4.88M | 5.06M | 5.24M | 5.38M |
| Working Capital | 1.02B | 1.18B | 1.42B | 1.91B | 2.73B | 3.51B |
| Book Value Per Share | 99.63 | 116.18 | 126.84 | 169.80 | 187.86 | 188.33 |
| Tangible Book Value | 474.30M | 552.61M | 619.01M | 858.82M | 983.46M | 1.01B |
| Tangible Book Value Per Share | 98.41 | 116.18 | 126.84 | 169.80 | 187.86 | 188.33 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -81.61M | -41.15M | -207.05M | -63.20M | -40.83M | 68.35M |
| Depreciation & Amortization | 8.49M | 8.03M | 6.51M | 3.49M | ||
| Other Amortization | 4.10M | 4.06M | 5.41M | 8.27M | 12.41M | 16.56M |
| Gain on Sale of Loans & Receivables | -5.25M | -5.59M | -5.20M | -8.40M | -10.26M | -23.29M |
| Loss (Gain) From Sale of Investments | 5.17M | |||||
| Asset Writedown & Restructuring Costs | 12.83M | 6.75M | ||||
| Provision for Credit Losses | 59.55M | 27.54M | 201.41M | 104.81M | 69.27M | -20.03M |
| Stock-Based Compensation | 3.96M | 6.58M | 6.57M | 6.98M | 7.03M | 7.59M |
| Change in Other Net Operating Assets | 2.83M | -1.81M | -5.96M | -973.00K | 4.77M | 2.34M |
| Other Operating Activities | -1.23M | -1.13M | 3.36M | 85.00K | 19.21M | 1.93M |
| Operating Cash Flow | 5.74M | 2.67M | 8.76M | 52.10M | 58.90M | 60.30M |
| Sale of Property, Plant & Equipment | 16.66M | 16.66M | ||||
| Cash Acquisitions | -1.59M | -1.59M | ||||
| Investment in Securities | 2.59M | -730.00K | ||||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | 389.72M | 288.14M | 450.21M | 561.43M | 409.32M | 143.88M |
| Other Investing Activities | -11.48M | -689.00K | -4.11M | |||
| Investing Cash Flow | 387.17M | 299.00M | 435.24M | 561.43M | 408.63M | 139.77M |
| Long-Term Debt Issued | 56.81M | 148.70M | 559.86M | 930.18M | 2.14B | |
| Total Debt Issued | 70.35M | 56.81M | 148.70M | 559.86M | 930.18M | 2.14B |
| Long-Term Debt Repaid | -358.12M | -627.55M | -1.04B | -1.46B | -2.44B | |
| Total Debt Repaid | -423.50M | -358.12M | -627.55M | -1.04B | -1.46B | -2.44B |
| Net Debt Issued (Repaid) | -353.15M | -301.32M | -478.85M | -480.94M | -526.30M | -302.15M |
| Issuance of Preferred Stock | 87.52M | 110.52M | ||||
| Preferred Share Repurchases | -1.00M | |||||
| Repurchase of Common Stock | -1.59M | -7.14M | -8.81M | -11.26M | -17.45M | -19.00M |
| Common Dividends Paid | -10.31M | -10.37M | -24.01M | -42.90M | -54.28M | -66.66M |
| Preferred Dividends Paid | -14.40M | -14.40M | -14.40M | -14.45M | -11.59M | -100.00K |
| Total Dividends Paid | -24.71M | -24.77M | -38.41M | -57.35M | -65.87M | -66.76M |
| Other Financing Activities | -1.89M | -2.84M | -2.67M | -3.92M | -9.56M | -47.59M |
| Financing Cash Flow | -381.34M | -336.07M | -528.74M | -554.47M | -531.66M | -324.97M |
| Net Cash Flow | 11.57M | -34.40M | -84.75M | 59.05M | -64.13M | -124.90M |
| Cash Interest Paid | 76.72M | 94.81M | 147.04M | 182.57M | 123.37M | 105.96M |
| Cash Income Tax Paid | 265.00K | 205.00K | -477.00K | 964.00K | 463.00K | 599.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 21.39M | 113.77M | 139.38M | 306.37M | 280.60M | 629.87M |
| PE Ratio | 9.32 | |||||
| PS Ratio | 18.03 | -0.84 | -13.51 | 17.09 | 5.59 | |
| PB Ratio | 0.04 | 0.21 | 0.23 | 0.36 | 0.28 | 0.62 |
| P/OCF Ratio | 3.58 | 42.66 | 15.92 | 5.88 | 4.76 | 10.45 |
| Debt / Equity Ratio | 1.98 | 2.12 | 2.38 | 2.27 | 2.47 | 2.90 |
| Net Debt / Equity Ratio | 1.86 | 2.00 | 2.24 | 2.05 | 2.33 | 2.71 |
| Quick Ratio | 4.03 | 3.62 | 3.30 | 3.13 | 4.94 | 8.74 |
| Current Ratio | 4.18 | 3.65 | 3.35 | 3.14 | 4.95 | 8.77 |
| Asset Turnover | 0.00 | 0.00 | 0.03 | |||
| Return on Equity (ROE) | -15.33% | -7.02% | -28.01% | -6.86% | -4.08% | 7.01% |
| Return on Assets (ROA) | -4.83% | -2.13% | -8.34% | -2.01% | -1.10% | 1.67% |
| Return on Invested Capital (ROIC) | -4.65% | -1.81% | -8.42% | -2.04% | -0.55% | 1.90% |
| Earnings Yield | -453.93% | -36.17% | -148.55% | -20.63% | -14.55% | 10.85% |
| Dividend Yield | 9.01% | 8.36% | 10.50% | 13.21% | 17.72% | 8.54% |
| Payout Ratio | 97.67% | |||||
| Buyback Yield / Dilution | 3.17% | 5.06% | 2.36% | 2.58% | 3.49% | 0.41% |
| Total Shareholder Return | 12.54% | 13.42% | 12.86% | 15.79% | 21.21% | 8.95% |