Granite Point Mortgage Trust (GPMT) Interest Coverage Ratio (2016 - 2026)
Granite Point Mortgage Trust's (GPMT) quarterly Interest Coverage Ratio came in at 0.87 in Q1 2026, up 16.35% YoY from 0.74 in Q1 2025, and up 951.4% on a QoQ basis from 0.1 in Q4 2025.
Granite Point Mortgage Trust (GPMT) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
Granite Point Mortgage Trust (GPMT) has 11 years of Interest Coverage Ratio data on file, last reported at 0.87 in 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 1174.35% YoY) and the FY2025 annual result came in at 0.58, up 251.54% from the prior year.
- Interest Coverage Ratio advanced to 0.87 in Q1 2026, from 0.1 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 1.19 in Q1 2022 to a low of 0.78 in Q1 2024.
- A 5-year average of 0.41 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 plunged 418.77% — and 2025, when it surged 639.06%.
- Tracing GPMT's Interest Coverage Ratio over 5 years: stood at 0.85 in 2022, then retreated by 15.73% to 0.71 in 2023, then slumped by 150.76% to 0.36 in 2024, then soared by 71.92% to 0.1 in 2025, then surged by 951.4% to 0.87 in 2026.
- The last three Interest Coverage Ratio figures came in at 0.87 (Q1 2026), 0.1 (Q4 2025), and 1.13 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 1.63 |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 1.06 |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 1.43 |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 0.65 |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 1.48 |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 0.53 |
| 10 | Granite Point Mortgage Trust | 53.75 Mn | -4.75 Mn | - | -2.42 |
Historic Data
Download 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 | -0.36 |
| Sep 30, 2024 | 0.15 |
| Jun 30, 2024 | -0.56 |
| Mar 31, 2024 | -0.78 |
| Dec 31, 2023 | 0.71 |
| Sep 30, 2023 | 0.55 |
| Jun 30, 2023 | 1.11 |
| Mar 31, 2023 | 0.24 |
| Dec 31, 2022 | 0.85 |
| Sep 30, 2022 | 0.26 |
| Jun 30, 2022 | 0.50 |
| Mar 31, 2022 | 1.19 |
| Dec 31, 2021 | 1.25 |
| Sep 30, 2021 | 1.71 |