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GPMT (Granite Point Mortgage Trust) Pre-Tax Income : $-181.69 Mil (TTM As of Sep. 2024)


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What is Granite Point Mortgage Trust Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Granite Point Mortgage Trust's pretax income for the three months ended in Sep. 2024 was $-31.03 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was $-181.69 Mil. Granite Point Mortgage Trust's pretax margin was -302.60%.

During the past 9 years, Granite Point Mortgage Trust's highest Pretax Margin was 78.31%. The lowest was -381.78%. And the median was 65.73%.


Granite Point Mortgage Trust Pre-Tax Income Historical Data

The historical data trend for Granite Point Mortgage Trust's Pre-Tax Income 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.

* Premium members only.

Granite Point Mortgage Trust Pre-Tax Income Chart

Granite Point Mortgage Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only 70.21 -39.85 68.55 -40.81 -63.10

Granite Point Mortgage Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pre-Tax Income 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 -20.92 -13.47 -74.12 -63.07 -31.03

Competitive Comparison of Granite Point Mortgage Trust's Pre-Tax Income

For the REIT - Mortgage subindustry, Granite Point Mortgage Trust's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Granite Point Mortgage Trust's Pre-Tax Income Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Granite Point Mortgage Trust's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Granite Point Mortgage Trust's Pre-Tax Income falls into.



Granite Point Mortgage Trust Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Granite Point Mortgage Trust's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+-63.103
=-63.10

Granite Point Mortgage Trust's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+-31.026
=-31.03

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-181.69 Mil.

* 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.


Granite Point Mortgage Trust  (NYSE:GPMT) Pre-Tax Income Explanation

Granite Point Mortgage Trust's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-31.026/10.253
=-302.60%

During the past 9 years, Granite Point Mortgage Trust's highest Pretax Margin was 78.31%. The lowest was -381.78%. And the median was 65.73%.

* 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.


Granite Point Mortgage Trust Pre-Tax Income Related Terms

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Granite Point Mortgage Trust Business Description

Traded in Other Exchanges
Address
3 Bryant Park, Suite 2400A, New York, NY, USA, 10036
Granite Point Mortgage Trust Inc focuses on directly originating, investing in, and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments. The company constructs its investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity, and diversification, and assesses each investment from a fundamental value perspective relative to other opportunities available in the market. It typically provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancing, and a range of business plans, including lease-up, renovation, repositioning, and repurposing of the property.
Executives
Tanuja M Dehne director C/O SILVER BAY REALTY TRUST CORP., 601 CARLSON PARKWAY, SUITE 250, MINNETONKA MN 55305
Stephen G Kasnet director 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
John A Taylor director, officer: President and CEO 3 BRYANT PARK, #2400A, NEW YORK NY 10036
Marcin Urbaszek officer: Chief Financial Officer 3 BRYANT PARK, 24TH FLOOR, NEW YORK NY 10036
Sheila K. Mcgrath director 3 BRYANT PARK, SUITE 2400A, NEW YORK NY 10036
William Reid Sanders director C/O TWO HARBORS INVESTMENT CORP., 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Stephen Alpart officer: Chief Investment Officer 3 BRYANT PARK, 24TH FLOOR, NEW YORK NY 10036
Steven Plust officer: Chief Operating Officer 3 BRYANT PARK, 24TH FLOOR, NEW YORK NY 10036
Michael J. Karber officer: General Counsel and Secretary 3 BRYANT PARK, 24TH FLOOR, NEW YORK NY 10036
Peter M. Morral officer: Chief Development Officer 3 BRYANT PARK, SUITE 2400A, NEW YORK NY 10036
Devin Chen director 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Rebecca B Sandberg officer: General Counsel and Secretary 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Brian Taylor director C/O PINE RIVER CAPITAL MANAGEMENT, 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
William Roth director TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305
Two Harbors Investment Corp. 10 percent owner 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416