Granite Point Mortgage Trust Inc. (GPMT) Financial Ratios
11 years of historical data (2015–2025) · Real Estate · REIT - Mortgage
EV/EBITDA
20.56
-4% vs avg
5yr avg: 21.47
30Y Low8.2·High21.5
P/FCF
↑
23.72
↑+36% vs avg
5yr avg: 17.46
30Y Low4.8·High43.1
P/B Ratio
↓
0.11
↓-67% vs avg
5yr avg: 0.34
30Y Low0.2·High1.1
ROE
↓
-7.0%
↓+10% vs avg
5yr avg: -7.8%
30Y Low-28%·High8%
Debt/EBITDA
20.61
+0% vs avg
5yr avg: 20.61
30Y Low1.3·High20.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
GPMT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Granite Point Mortgage Trust Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 23.7x P/FCF, 36% above the 5-year average of 17.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $63M | $115M | $137M | $307M | $284M | $643M | $551M | $976M | $938M | $767M | — |
| Enterprise Value | $1.2B | $1.2B | $1.5B | $2.1B | $2.6B | $2.7B | $1.8B | $2.4B | $1.8B | $781M | — |
| P/E Ratio → | -1.14 | — | — | — | — | 9.52 | — | 13.92 | 14.90 | 29.57 | — |
| P/S Ratio | 0.44 | 0.79 | — | — | 3.63 | 7.35 | 5.25 | 9.13 | 10.24 | 6.51 | — |
| P/B Ratio | 0.11 | 0.21 | 0.22 | 0.36 | 0.29 | 0.63 | 0.59 | 0.96 | 1.13 | 0.93 | — |
| P/FCF | 23.72 | 43.08 | 22.86 | 5.89 | 4.82 | 10.67 | 27.20 | 15.77 | 16.34 | 39.45 | — |
| P/OCF | 23.72 | 43.08 | 15.64 | 5.89 | 4.82 | 10.67 | 27.20 | 15.77 | 15.04 | 25.15 | — |
P/E links to full P/E history page with 30-year chart
GPMT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Granite Point Mortgage Trust Inc.'s enterprise value stands at 20.6x EBITDA, roughly in line with its 5-year average of 21.5x. The Real Estate sector median is 17.0x, placing the stock at a 21% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 8.40 | — | — | 32.98 | 30.99 | 17.32 | 22.14 | 20.13 | 6.62 | — |
| EV / EBITDA | 20.56 | 21.47 | — | — | — | — | — | — | 11.93 | 8.15 | — |
| EV / EBIT | 18.46 | 21.47 | — | — | — | — | — | — | 11.93 | 8.15 | — |
| EV / FCF | — | 457.80 | 254.15 | 39.73 | 43.82 | 44.98 | 89.73 | 38.22 | 32.11 | 40.15 | — |
GPMT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Granite Point Mortgage Trust Inc. earns an operating margin of 43.6%, significantly above the Real Estate sector average of 24.8%. Operating margins have compressed from 219.2% to 43.6% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -7.0% indicates the company is currently destroying shareholder equity. ROIC of 2.6% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 83.0% | 83.0% | 103.2% | 123.4% | 100.0% | 100.0% | 100.0% | 100.0% | 82.5% | 90.7% | 87.3% |
| Operating Margin | 43.6% | 43.6% | 115.0% | 219.2% | — | — | — | — | 168.7% | 81.3% | 76.0% |
| Net Profit Margin | -28.3% | -28.3% | 125.1% | 278.7% | -52.2% | 78.1% | -38.5% | 65.7% | 68.9% | 45.2% | 57.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -7.0% | -7.0% | -28.0% | -6.9% | -4.1% | 7.0% | -4.1% | 7.6% | 7.6% | 8.5% | 7.7% |
| ROA | -2.1% | -2.1% | -8.3% | -2.0% | -1.1% | 1.7% | -0.9% | 1.8% | 2.2% | 2.7% | 3.2% |
| ROIC | 2.6% | 2.6% | -6.2% | -1.3% | — | — | — | — | 9.0% | 7.9% | 4.4% |
| ROCE | 4.6% | 4.6% | -11.0% | -2.1% | — | — | — | — | 7.4% | 15.2% | 10.1% |
GPMT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Granite Point Mortgage Trust Inc. carries a Debt/EBITDA ratio of 20.6x, which is highly leveraged (160% above the sector average of 7.9x). Net debt stands at $1.1B ($1.2B total debt minus $66M cash). Interest coverage of just 0.6x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.12 | 2.12 | 2.38 | 2.27 | 2.47 | 2.23 | 1.64 | 1.44 | 1.21 | 0.15 | 1.39 |
| Debt / EBITDA | 20.61 | 20.61 | — | — | — | — | — | — | 6.45 | 1.27 | 12.80 |
| Net Debt / Equity | — | 2.00 | 2.24 | 2.05 | 2.33 | 2.04 | 1.36 | 1.36 | 1.09 | 0.02 | 1.26 |
| Net Debt / EBITDA | 19.45 | 19.45 | — | — | — | — | — | — | 5.86 | 0.14 | 11.59 |
| Debt / FCF | — | 414.72 | 231.29 | 33.84 | 39.00 | 34.32 | 62.53 | 22.45 | 15.77 | 0.70 | 15.14 |
| Interest Coverage | 0.58 | 0.58 | -1.27 | -0.27 | — | — | — | -0.00 | 1.69 | 2.26 | 4.20 |
GPMT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.14x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 3.14x to 0.14x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.14 | 0.14 | 3.35 | 3.14 | 4.95 | 7.03 | 5.47 | 0.14 | 4.63 | 0.07 | 0.06 |
| Quick Ratio | 0.14 | 0.14 | 3.35 | 3.14 | 4.95 | 7.03 | 5.47 | 0.14 | 4.63 | 0.07 | 0.06 |
| Cash Ratio | 0.13 | 0.13 | 0.15 | 0.21 | 0.19 | 6.66 | 5.22 | 0.13 | 4.22 | 0.06 | 0.05 |
| Asset Turnover | — | 0.08 | -0.08 | -0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.05 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
GPMT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Granite Point Mortgage Trust Inc. returns 25.4% to shareholders annually — split between a 16.4% dividend yield and 9.0% buyback yield.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 16.4% | 9.0% | 17.5% | 14.0% | 19.1% | 10.4% | 6.2% | 8.8% | 7.3% | 1.8% | — |
| Payout Ratio | — | — | — | — | — | 97.5% | — | 122.9% | 108.7% | 26.0% | 294.7% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | 10.5% | — | 7.2% | 6.7% | 3.4% | — |
| FCF Yield | 4.2% | 2.3% | 4.4% | 17.0% | 20.7% | 9.4% | 3.7% | 6.3% | 6.1% | 2.5% | — |
| Buyback Yield | 9.0% | 4.9% | 5.6% | 3.7% | 5.5% | 2.8% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 25.4% | 14.0% | 23.1% | 17.7% | 24.6% | 13.1% | 6.2% | 8.8% | 7.3% | 1.8% | — |
| Shares Outstanding | — | $48M | $49M | $52M | $53M | $55M | $55M | $53M | $52M | $43M | $43M |
Peer Comparison
Compare GPMT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 GPMTYou | $63M | -1.1 | 20.6 | 23.7 | 83.0% | 43.6% | -7.0% | 2.6% | 20.6 |
 TRTX | $665M | 15.1 | 15.1 | 7.4 | 79.3% | 73.0% | 5.5% | 4.7% | 12.9 |
 BXMT | $3B | 28.3 | 16.2 | 11.1 | 76.9% | 71.6% | 3.0% | 4.3% | 14.0 |
 KREF | $454M | -6.7 | 18.5 | 6.8 | 88.3% | 59.3% | -3.6% | 3.4% | 17.1 |
 ACRE | $256M | -281.7 | 18.2 | 13.0 | 57.4% | 72.4% | -0.2% | 2.9% | 14.9 |
 RC | $289M | -1.2 | 47.7 | — | 87.7% | 24.2% | -12.8% | 1.2% | 47.4 |
 BRSP | $722M | -21.3 | 18.7 | 9.9 | 49.6% | 39.5% | -3.2% | 3.0% | 14.8 |
 ARI | $1B | 13.4 | 19.4 | 34.0 | 80.1% | 65.4% | 6.8% | 4.0% | 16.7 |
 LADR | $1B | 20.0 | 17.2 | 14.9 | 71.8% | 62.0% | 4.3% | 4.4% | 12.7 |
 FBRT | $649M | 13.2 | 48.5 | 2.2 | — | — | 5.4% | 1.2% | 43.6 |
 SACH | $45M | 23.7 | 11.0 | 17.8 | 97.8% | 58.8% | 3.5% | 4.8% | 9.8 |
| Real Estate Median | — | 24.1 | 17.0 | 15.4 | 49.3% | 24.8% | 3.7% | 2.7% | 7.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 11 years · Updated daily
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GPMT — Frequently Asked Questions
Quick answers to the most common questions about buying GPMT stock.
What is Granite Point Mortgage Trust Inc.'s P/E ratio?
Granite Point Mortgage Trust Inc.'s current P/E ratio is -1.1x. The historical average is 17.0x.
What is Granite Point Mortgage Trust Inc.'s EV/EBITDA?
Granite Point Mortgage Trust Inc.'s current EV/EBITDA is 20.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.8x.
What is Granite Point Mortgage Trust Inc.'s ROE?
Granite Point Mortgage Trust Inc.'s return on equity (ROE) is -7.0%. The historical average is -1.1%.
Is GPMT stock overvalued?
Based on historical data, Granite Point Mortgage Trust Inc. is trading at a P/E of -1.1x. Compare with industry peers and growth rates for a complete picture.
What is Granite Point Mortgage Trust Inc.'s dividend yield?
Granite Point Mortgage Trust Inc.'s current dividend yield is 16.41%.
What are Granite Point Mortgage Trust Inc.'s profit margins?
Granite Point Mortgage Trust Inc. has 83.0% gross margin and 43.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Granite Point Mortgage Trust Inc. have?
Granite Point Mortgage Trust Inc.'s Debt/EBITDA ratio is 20.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.