Claros Mortgage Trust (CMTG) Net Margin (2020 - 2026)
Claros Mortgage Trust's Net Margin was -859.66% in Q2 2026, down 507.73 percentage points from -351.93% a year earlier and down 675.73 percentage points from the prior quarter.
Claros Mortgage Trust (CMTG) Net Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Claros Mortgage Trust's Net Margin was -354.13% through Jun 30, 2026, down 164.57 percentage points year-over-year; for FY2025, it was -260.38%, down 171.31 percentage points from FY2024.
- Net Margin has now declined for five consecutive years, with a five-year change of -334.32 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -89.07% in FY2024 (-91.04 pp), 1.97% in FY2023 (-37.05 pp), 39.02% in FY2022 (-25.91 pp) and 64.93% in FY2021 (-9.01 pp).
- The Q2 2026 figure marks the lowest quarterly Net Margin in data going back to Q3 2020.
- Compared with a year earlier, Net Margin has declined for three straight quarters, with an average year-over-year change of -173.09 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q4 2023 (a gain of 71.90 percentage points); the worst was Q2 2026 (a drop of 507.73 percentage points).
- Per Business Quant data, CMTG's Net Margin in the three quarters before Q2 2026 was -183.93% (Q1 2026), -468.93% (Q4 2025) and -20.68% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 8.26% |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 32.04% |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 2.65% |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 2.02% |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 138.65% |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 18.21% |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 52.47% |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | - |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | Claros Mortgage Trust | 182.00 Mn | -455.24 Mn | - | -859.66% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -859.66% |
| Mar 31, 2026 | -183.93% |
| Dec 31, 2025 | -468.93% |
| Sep 30, 2025 | -20.68% |
| Jun 30, 2025 | -351.93% |
| Mar 31, 2025 | -181.26% |
| Dec 31, 2024 | -167.20% |
| Sep 30, 2024 | -86.65% |
| Jun 30, 2024 | -17.92% |
| Mar 31, 2024 | -89.75% |
| 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% |
Claros Mortgage Trust Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=CMTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "CMTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=CMTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();