BrightSpire Capital (BRSP) Tax Rate (2017 - 2026)
BrightSpire Capital (BRSP) reported Tax Rate of 2.92% for Q1 2026, down 460.0% year-over-year from 0.81% in Q1 2025, and down 58.13% quarter-over-quarter from 6.98% in Q3 2025.
BrightSpire Capital (BRSP) Tax Rate (2017 - 2026) Analysis & Trends
BrightSpire Capital (BRSP) has 10 years of Tax Rate data on file, last reported at 2.92% in Q1 2026.
- Tax Rate for Q1 2026 came in at 2.92%, down 460.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 35.5% (up 3694.0% YoY), and the FY2025 annual result was 35.67%, up 3646.0% from the prior year.
- Tax Rate declined to 2.92% in Q1 2026 per BRSP's latest filing, from 6.98% in the prior quarter.
- Over five years, Tax Rate peaked at 46.26% in Q2 2025 and troughed at 4.17% in Q2 2023.
- A 5-year average of 4.9% and a median of 0.69% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2025: Tax Rate sank 2523 bps in 2023, then jumped 4654 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 24.22% in 2022, then plunged by 104 bps to 1.01% in 2023, then slumped by 77 bps to 1.78% in 2024, then soared by 493 bps to 6.98% in 2025, then sank by 58 bps to 2.92% in 2026.
- Business Quant data shows BRSP's Tax Rate at 2.92% in Q1 2026, 6.98% in Q3 2025, and 46.26% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | -0.53% |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | -7.38% |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | 29.02% |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | -22.35% |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 1.06% |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 11.28% |
| 10 | BrightSpire Capital | 698.93 Mn | 602.37 Mn | - | 2.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.92% |
| Mar 31, 2026 | 2.92% |
| Sep 30, 2025 | 6.98% |
| Sep 30, 2025 | 6.98% |
| Jun 30, 2025 | 46.26% |
| Jun 30, 2025 | 46.26% |
| Mar 31, 2025 | 7.52% |
| Mar 31, 2025 | 7.52% |
| Dec 31, 2024 | -1.78% |
| Dec 31, 2024 | -1.78% |
| Sep 30, 2024 | 1.71% |
| Sep 30, 2024 | 1.71% |
| Jun 30, 2024 | -0.28% |
| Jun 30, 2024 | -0.28% |
| Mar 31, 2024 | -0.53% |
| Mar 31, 2024 | -0.53% |
| Dec 31, 2023 | -1.01% |
| Dec 31, 2023 | -1.01% |
| Sep 30, 2023 | 1.26% |
| Sep 30, 2023 | 1.26% |