Granite Point Mortgage Trust (GPMT) Interest Coverage Ratio (2016 - 2026)
Granite Point Mortgage Trust's (GPMT) quarterly Interest Coverage Ratio came in at 2.42 in Q2 2026, down 603.19% on a YoY basis from 0.48 in Q2 2025, and down 379.79% quarter-over-quarter from 0.87 in Q1 2026.
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Granite Point Mortgage Trust (GPMT) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
Granite Point Mortgage Trust (GPMT) has reported Interest Coverage Ratio for 11 consecutive years, with 2.42 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 603.19% year-over-year to 2.42; the trailing twelve-month figure through Jun 2026 stood at 0.02 (down 106.66% YoY), and the FY2025 full-year result was 0.58, up 251.54% from the prior year.
- Interest Coverage Ratio slipped to 2.42 in Q2 2026 per GPMT's latest filing, from 0.87 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 1.19 in Q1 2022 and bottomed at 2.42 in Q2 2026.
- Historically, Interest Coverage Ratio has averaged 0.26 across 5 years, with a median of 0.49 in 2025.
- The sharpest annual moves came in 2025 and 2026: Interest Coverage Ratio soared 639.06% in 2025, then tumbled 603.19% in 2026.
- Over 5 years, Interest Coverage Ratio stood at 0.85 in 2022, then declined by 17.87% 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 plunged by 2282.16% to 2.42 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.42, 0.87, and 0.1 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 1.63 |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 1.06 |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 6.61 |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 1.76 |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | 0.65 |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 1.48 |
| 10 | Granite Point Mortgage Trust | 48.48 Mn | -10.02 Mn | - | -2.42 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.42 |
| 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 | 0.85 |
| Sep 30, 2022 | 0.26 |
| Jun 30, 2022 | 0.50 |
| Mar 31, 2022 | 1.19 |
| Dec 31, 2021 | 1.29 |
| Sep 30, 2021 | 1.71 |