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% on a QoQ basis from 4.35% in Q3 2025.
Claros Mortgage Trust (CMTG) Net Margin (2020 - 2025) Analysis & Trends
Claros Mortgage Trust (CMTG) has 5 years of Net Margin data on file, last reported at 2.96% in Q4 2025.
- Quarterly Net Margin changed N/A year-over-year to 2.96% in Q4 2025, while the trailing twelve-month figure through Jun 2026 was 0.41% (up 116.0% YoY) and the FY2025 annual result came in at 0.54%, up 8853.0% from the prior year.
- Net Margin slipped to 2.96% in Q4 2025, from 4.35% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 96.77% in Q1 2021 to a low of 85.59% in Q3 2023.
- A 4-year average of 30.07% and a median of 44.81% in 2023 frame the typical range for Net Margin.
- The widest YoY moves for Net Margin: up 7190 bps in 2023, down 14065 bps in 2023.
- Tracing CMTG's Net Margin over 4 years: stood at 24.02% in 2021, then sank by 213 bps to 27.09% in 2022, then jumped by 265 bps to 44.81% in 2023, then plunged by 107 bps to 2.96% in 2025.
- The last three Net Margin figures came in at 2.96% (Q4 2025), 4.35% (Q3 2025), and 3.18% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 2.92% |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 1.57% |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 39.93% |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 34.76% |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 142.94% |
| 10 | Claros Mortgage Trust | 242.53 Mn | 152.21 Mn | - | - |
Historic Data
Download 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% |