BRSP (BrightSpire Capital) Net Margin %: -22.22% (As of Jun. 2026)

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BRSP BrightSpire Capital Inc BRSP
66 GF Score
Price $5.12
GF Value $5.48
Valuation Fairly Valued
! 8 Warning Signs
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What is BrightSpire Capital Net Margin %?

BrightSpire Capital BRSP +1.39% 66 Net Margin % is -22.22% as of Jun. 2026. GuruFocus rates BRSP with a GF Score™ of 66/100 and a GF Value™ of $5.48 (Fairly Valued). The stock has 8 warning signs investors should review. Among 924 REITs companies, BrightSpire Capital ranks worse than 85.82% on this metric.

Net margin is calculated as Net Income divided by its Revenue. BrightSpire Capital's Net Income for the three months ended in Jun. 2026 was $-18.3 Mil. BrightSpire Capital's Revenue for the three months ended in Jun. 2026 was $82.5 Mil. Therefore, BrightSpire Capital's net margin for the quarter that ended in Jun. 2026 was -22.22%.

The historical rank and industry rank for BrightSpire Capital's Net Margin % or its related term are showing as below:

BRSP' s Net Margin % Range Over the Past 10 Years
Min: -83.26   Med: -20.47   Max: 53.98
Current: -8.19


BRSP's Net Margin % is ranked worse than
85.82% of 924 companies
in the REITs industry
Industry Median: 45.815 vs BRSP: -8.19

BrightSpire Capital  (NYSE:BRSP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


BrightSpire Capital Net Margin % Related Terms


BrightSpire Capital Net Margin % Historical Data

* Premium members only.

The historical data trend for BrightSpire Capital's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BrightSpire Capital Net Margin % Chart

BrightSpire Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.28 12.77 -3.97 -38.01 -9.66

BrightSpire Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -27.41 1.21 -17.54 5.90 -22.22

BRSP vs TRTX, RWT, FBRT: Net Margin % Comparison

For the REIT - Mortgage subindustry, BrightSpire Capital's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BrightSpire Capital Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, BrightSpire Capital's Net Margin % distribution charts can be found below:

* The bar in red indicates where BrightSpire Capital's Net Margin % falls into.


BRSP
66GF Score
BrightSpire Capital Inc BRSP
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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BrightSpire Capital Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

BrightSpire Capital's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-31.148/322.537
=-9.66 %

BrightSpire Capital's Net Margin for the quarter that ended in Jun. 2026 is calculated as

Net Margin=Net Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=-18.334/82.509
=-22.22 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -22.22% mean?
BrightSpire Capital (BRSP) has a Net Margin % of -22.22% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on BrightSpire Capital and its competitors. According to the industry distribution chart, BrightSpire Capital ranks #793 out of 924 companies in the REITs industry, placing it in the top 85.8%.
Is BrightSpire Capital's Net Margin % too high?
BrightSpire Capital's current Net Margin % is -22.22%. Based on the distribution chart, BrightSpire Capital ranks #793 out of 924 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, BrightSpire Capital has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BrightSpire Capital's Net Margin % compare to TRTX and RWT?
According to the REITs industry distribution chart, BrightSpire Capital ranks #793 out of 924 companies for Net Margin %. This places BrightSpire Capital in the lower half of its industry. The industry median Net Margin % is 45.82. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.82, based on 924 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on BrightSpire Capital and its competitors. For the REITs industry, the median Net Margin % is 45.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BrightSpire Capital's current Net Margin % is -22.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BrightSpire Capital stock overvalued right now?
Based on GuruFocus' analysis, BrightSpire Capital (BRSP) is currently considered Fairly Valued. The stock's GF Value™ is $5.48, compared to a current price of $5.12 — trading 6.6% below its estimated fair value. The current Net Margin % is -22.22%. BrightSpire Capital's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For BrightSpire Capital (BRSP), the current Net Margin % is -22.22% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BrightSpire Capital (BRSP) Overvalued in 2026?

Based on GuruFocus' analysis, BrightSpire Capital stock appears to be undervalued. The current stock price of $5.12 is trading 6.6% below its estimated GF Value™ of $5.48. GuruFocus considers BrightSpire Capital to be Fairly Valued.

Key valuation signals for BRSP:

  • Net Margin %: -22.22%
  • GF Value™: $5.48 vs. price of $5.12 (6.6% below fair value)
  • GF Score™: 66/100 with 8 warning signs

No single metric tells the full story. See the BRSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BrightSpire Capital Business Description

Industry Real EstateREITs
Other Exchanges 41W0:Germany
Address 590 Madison Avenue, 33rd Floor, New York, NY, USA, 10022
BrightSpire Capital Inc is an internally-managed commercial real estate credit REIT focused on originating, acquiring, financing and managing a diversified portfolio of commercial real estate debt and net lease real estate investments predominantly in the United States. CRE debt investments consist of first mortgage loans with the objective of generating consistent risk-adjusted returns. The operating segments of the company are Senior and Mezzanine Loans and Preferred Equity, Net Leased and Other Real Estate, Corporate and Other. Geographically, the company generates revenue from the United States.
66GF Score

Get the complete analysis for BRSP

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.12
Price
$5.48
GF Value