Claros Mortgage Trust (CMTG) Net Margin (2020 - 2025)
Claros Mortgage Trust's (CMTG) quarterly Net Margin came in at 2.96% in Q4 2025, down 167.9% quarter-over-quarter from 4.35% in Q3 2025.
Analysis
Claros Mortgage Trust (CMTG) Net Margin (2020 - 2025) Analysis & Trends
Claros Mortgage Trust (CMTG) has reported Net Margin for 5 consecutive years, with 2.96% the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Net Margin changed N/A year-over-year to 2.96%; the trailing twelve-month figure through Dec 2025 stood at 17.58% (changed N/A YoY), and the FY2025 full-year result was 0.54%, up 8853.0% from the prior year.
- Net Margin fell to 2.96% in Q4 2025 per CMTG's latest filing, from 4.35% in the prior quarter.
- Across five years, Net Margin topped out at 96.77% in Q1 2021 and bottomed at 85.59% in Q3 2023.
- Historically, Net Margin has averaged 30.07% across 4 years, with a median of 44.81% in 2023.
- The widest YoY moves for Net Margin: up 7190 bps in 2023, down 14065 bps in 2023.
- Over 4 years, Net Margin stood at 24.02% in 2021, then tumbled by 213 bps to 27.09% in 2022, then soared by 265 bps to 44.81% in 2023, then slumped by 107 bps to 2.96% in 2025.
- According to Business Quant data, Net Margin over the past three periods registered 2.96%, 4.35%, and 3.18% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | - |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 2.92% |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 1.57% |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 34.76% |
| 10 | Claros Mortgage Trust | 217.79 Mn | 127.46 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -2.96% |
| Sep 30, 2025 | 4.35% |
| Jun 30, 2025 | -3.18% |
| Dec 31, 2023 | 44.81% |
| Sep 30, 2023 | -85.59% |
| Jun 30, 2023 | 5.26% |
| Mar 31, 2023 | 53.08% |
| Dec 31, 2022 | -27.09% |
| Sep 30, 2022 | 55.05% |
| Jun 30, 2022 | 91.33% |
| Mar 31, 2022 | 50.77% |
| Dec 31, 2021 | 24.02% |
| Sep 30, 2021 | 78.93% |
| Jun 30, 2021 | 65.46% |
| Mar 31, 2021 | 96.77% |
| Dec 31, 2020 | 69.70% |
| Sep 30, 2020 | 75.50% |