Granite Point Mortgage Trust (GPMT-PA) Interest Coverage Ratio (2016 - 2026)
Granite Point Mortgage Trust (GPMT-PA) recorded quarterly Interest Coverage Ratio of 0.87 in Q1 2026, up 951.4% on a QoQ basis from 0.1 in Q4 2025, and up 16.35% year-over-year from 0.74 in Q1 2025.
Granite Point Mortgage Trust (GPMT-PA) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
Granite Point Mortgage Trust has disclosed Interest Coverage Ratio across 11 years of filings, most recently posting 0.87 for Q1 2026.
- Quarterly Interest Coverage Ratio rose 16.35% year-over-year to 0.87 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.59 (up 1816.42% YoY) and the FY2025 annual result came in at 0.58, up 251.54% from the prior year.
- Interest Coverage Ratio rose to 0.87 in Q1 2026, from 0.1 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 4.38 in Q1 2022 and troughed at 0.78 in Q1 2024.
- A 5-year average of 0.61 and a median of 0.5 in 2022 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio slumped 444.25% — and 2025, when it surged 639.06%.
- Tracing GPMT-PA's Interest Coverage Ratio over 5 years: stood at 0.95 in 2022, then fell by 26.84% to 0.7 in 2023, then slumped by 135.54% to 0.25 in 2024, then surged by 58.85% to 0.1 in 2025, then jumped by 951.4% to 0.87 in 2026.
- Business Quant data shows GPMT-PA's Interest Coverage Ratio at 0.87 in Q1 2026, 0.1 in Q4 2025, and 1.13 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 1.23 |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 1.16 |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 0.98 |
| 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 | - | 2.03 |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 1.38 |
| 10 | Granite Point Mortgage Trust | - | - | - | 0.87 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.87 |
| Dec 31, 2025 | -0.10 |
| Sep 30, 2025 | 1.13 |
| Jun 30, 2025 | 0.48 |
| Mar 31, 2025 | 0.74 |
| Dec 31, 2024 | -0.25 |
| Sep 30, 2024 | 0.15 |
| Jun 30, 2024 | -0.56 |
| Mar 31, 2024 | -0.78 |
| Dec 31, 2023 | 0.70 |
| Sep 30, 2023 | 0.55 |
| Jun 30, 2023 | 1.11 |
| Mar 31, 2023 | 0.23 |
| Dec 31, 2022 | 0.95 |
| Sep 30, 2022 | 0.26 |
| Jun 30, 2022 | 0.50 |
| Mar 31, 2022 | 4.38 |
| Dec 31, 2021 | 0.89 |
| Sep 30, 2021 | 1.71 |
| Jun 30, 2021 | 6.42 |