Friday 6 November 2026
Export GPMT’s income statement to Excel — free account
Granite Point Mortgage Trust Inc.
GPMT Real Estate Reit Mortgage
Granite Point Mortgage Trust Inc.’s revenue for fiscal 2025 (year ended December 2025) was $33.8 million, down 5.67% from fiscal 2024.
- Revenue
- −96.0%
- EPS
- −268.6%
- Free cash flow
- −84.4%
- Total debt
- −25.1%
Quarter to September 2026, against a year earlier
3.55
0.18
−4.83%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 50 | 75 | 92 | 109 | 125 | 93 | 85 | 82 | 36 | 34 | 21 | (4.2%) | 26 | 28 | 45 | +10.1% | |
| Gross margin, % | 85.60 | 87.08 | 86.46 | 86.41 | 87.35 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | +14.4 pt | ||||||
| EBT | 35 | 53 | 63 | 70 | (40) | 69 | (41) | (63) | (207) | (41) | (141) | n/m | ||||||
| EBT margin, % | 70.98 | 70.72 | 68.29 | 64.25 | (31.93) | 73.94 | (48.17) | (76.95) | (577.04) | (121.14) | (682.32) | (192.1) pt | ||||||
| Net income | 35 | 53 | 63 | 70 | (40) | 68 | (41) | (63) | (207) | (41) | (141) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 11.52 | 17.43 | 21.26 | 20.58 | 22.62 | 16.98 | 15.98 | 15.88 | 7.12 | 7.07 | 0.00 | (5.3%) | |||||
| Earnings | 8.20 | 12.33 | 14.50 | 13.20 | (7.30) | 12.40 | (10.40) | (15.00) | (43.90) | (11.60) | (20.10) | n/m | ||||||
| Cash flow | 8.21 | 7.05 | 14.36 | 11.65 | 3.67 | 11.05 | 11.11 | 10.09 | 1.74 | 0.56 | 0.00 | (25.8%) | ||||||
| Capex | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (0.55) | 2.27 | (1.07) | n/m | ||||||
| Free cash flow | 8.21 | 7.05 | 14.36 | 11.65 | 3.67 | 11.05 | 11.11 | 10.09 | 1.19 | 2.82 | 0.00 | (11.2%) | ||||||
| Book value | 98.99 | 191.66 | 190.48 | 191.97 | 169.31 | 185.59 | 185.56 | 166.34 | 122.80 | 115.48 | 0.00 | +1.7% | ||||||
| Shares, m | 4 | 4 | 4 | 5 | 6 | 5 | 5 | 5 | 5 | 5 | 5 | +1.1% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 23.17 | 29.67 | 12.43 | 13.82 | 0.00 | 9.44 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.9 | |||||
| P/S | 0.00 | 10.21 | 8.48 | 8.93 | 4.42 | 6.90 | 3.44 | 3.69 | 3.92 | 3.39 | 0.85 | 5.3 | ||||||
| P/B | 0.98 | 0.93 | 0.95 | 0.96 | 0.59 | 0.63 | 0.30 | 0.35 | 0.23 | 0.21 | 0.04 | 0.6 | ||||||
| EV/Sales | 0.00 | 10.35 | 17.94 | 20.91 | 13.14 | 28.75 | 18.63 | 14.53 | 25.47 | 35.11 | 49.88 | 18.5 | ||||||
| EV/FCF | 0.00 | 25.58 | 26.57 | 36.94 | 80.93 | 44.20 | 26.80 | 22.87 | 152.59 | 87.87 | (310.18) | 50.4 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 36 | 30 | 62 | 62 | 20 | 60 | 59 | 52 | 9 | 3 | 2 | (25.0%) | |||||
| Capex | — | — | — | — | — | — | — | — | (3) | 11 | (5) | n/m | ||||||
| Free cash flow | 36 | 30 | 62 | 62 | 20 | 60 | 59 | 52 | 6 | 14 | 2 | (10.2%) | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | (534) | 115 | 52 | 129 | 342 | 215 | 154 | 212 | 123 | 70 | 50 | n/m | |||||
| Net debt | 989 | 68 | 874 | 1,309 | 1,076 | 2,013 | 1,274 | 876 | 761 | 635 | (46) | (4.8%) | ||||||
| Shareholders’ equity | 428 | 829 | 828 | 1,019 | 934 | 1,013 | 984 | 859 | 619 | 553 | 420 | +2.9% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 4.73 | 2.67 | 2.15 | 1.79 | (0.93) | 1.65 | (1.49) | (2.46) | (8.93) | (2.87) | (10.05) | (7.6) pt | |||||
| ROIC | 1.56 | 3.72 | 2.32 | 1.88 | (1.24) | 1.42 | (1.13) | (2.06) | (8.78) | (0.69) | 0.00 | (2.2) pt | ||||||
| ROE | 5.63 | 8.48 | 7.60 | 7.59 | (4.15) | 6.94 | (5.54) | (8.43) | (29.96) | (9.48) | (31.06) | (15.1) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | — | — | — | — | — | — | |||||
| Revenue/emp, $m | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 4 Nov 2026
Granite Point Mortgage Trust Inc. vs peers in Reit Mortgage (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| MITT TPG Mortgage Investment Trust Inc. | $158.7M | 6.8× | 16.4× | +11.99% (above 0%: growing) | n/m | +110.45% (above 0%: growing) | 100.00% | 100.45% | Compare |
| AOMR Angel Oak Mortgage REIT Inc. | $144.4M | — (loss-making) | 16.4× | +15.82% (above 0%: growing) | n/m | +63.13% (above 0%: growing) | 24.11% | (39.27%) | Compare |
| SUNS Sunrise Realty Trust, Inc. | $90.3M | 6.9× | 6.4× | +2.64% (above 0%: growing) | −8.00% (below 0%: shrinking) | +214.97% (above 0%: growing) | 100.00% | 61.88% | Compare |
| CHMI Cherry Hill Mortgage Investment Corporation | $90.2M | 27.1× | 10.8× | +37.30% (above 0%: growing) | n/m | +812.55% (above 0%: growing) | 100.00% | 163.69% | Compare |
| RPT Great Ajax Corp. | $87.8M | 73.7× | — (loss-making) | +51.83% (above 0%: growing) | n/m | −49.18% (below 0%: shrinking) | 100.00% | 46.03% | Compare |
| SACH Sachem Capital Corp. | $39.1M | — (loss-making) | — (loss-making) | −13.16% (below 0%: shrinking) | n/m | −132.71% (below 0%: shrinking) | 100.00% | (57.54%) | Compare |
| LOAN Manhattan Bridge Capital, Inc | $37.6M | 7.9× | 8.1× | +0.87% (above 0%: growing) | 0.00% | −4.59% (below 0%: shrinking) | 100.00% | 60.09% | Compare |
| LFT Lument Finance Trust, Inc. | $21.3M | — (loss-making) | 4.3× | −7.43% (below 0%: shrinking) | n/m | +243.32% (above 0%: growing) | 100.00% | 34.59% | Compare |
| GPMT Granite Point Mortgage Trust Inc. | $18.0M | — (loss-making) | — (loss-making) | −95.96% (below 0%: shrinking) | n/m | −84.35% (below 0%: shrinking) | 100.00% | 0.00% | |
| Median of peers | $89.0M | 7.9× | 9.5× | +7.32% | — | +86.79% | 100.00% | 53.06% |
Pay and ownership Proxy statement filed 20 April 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 3.76m | 2.47m | 39.92 |
| 2024 | 4.55m | 1.62m | 43.01 |
| 2023 | 4.05m | 4.75m | 84.31 |
| 2022 | 3.76m | 219.89k | 65.55 |
| 2021 | 4.73m | 5.21m | 126.65 |
Ownership
Directors and executive officers, together
less than 1%
The Vanguard Group
5.10%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement