Granite Point Mortgage Trust (GPMT) Interest Coverage Ratio (2016 - 2026)
Granite Point Mortgage Trust's (GPMT) Interest Coverage Ratio stood at -2.42 in Q2 2026, compared with 0.48 a year earlier.
Granite Point Mortgage Trust (GPMT) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
On a TTM basis, Granite Point Mortgage Trust's Interest Coverage Ratio came in at -0.02 as of Jun 30, 2026; for FY2025, it was 0.58.
- Across earlier years, Interest Coverage Ratio came in at -0.38 in FY2024, 0.65 in FY2023 (-4.1%), 0.68 in FY2022 (-57.6%) and 1.61 in FY2021 (+148.1%).
- The Q2 2026 figure is the lowest quarterly Interest Coverage Ratio in data going back to Q2 2016.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 639.1% in Q3 2025, against a decline of 84.3% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.87 (Q1 2026), -0.10 (Q4 2025) and 1.13 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 1.75 |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 2.98 |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 1.42 |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 1.15 |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 1.24 |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 2.22 |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 27.97 |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.63 |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Granite Point Mortgage Trust | 41.45 Mn | 332.34 Mn | - | -2.42 |
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 | 1.18 |
| Dec 31, 2021 | 1.28 |
| Sep 30, 2021 | 1.67 |
Granite Point Mortgage Trust Interest Coverage Ratio 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=interest-coverage-ratio&ticker=GPMT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "GPMT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=GPMT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();