GPMT (Granite Point Mortgage Trust) Pretax Margin %: -23.17% (As of Mar. 2026)


GPMT Granite Point Mortgage Trust Inc GPMT
49 GF Score
Price $1.41
GF Value $2.70
Valuation Possible Value Trap
! 3 Warning Signs
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What is Granite Point Mortgage Trust Pretax Margin %?

Granite Point Mortgage Trust GPMT +3.68% 49 Pretax Margin % is -23.17% as of Mar. 2026. GuruFocus rates GPMT with a GF Score™ of 49/100 and a GF Value™ of $2.70 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 932 REITs companies, Granite Point Mortgage Trust ranks worse than 95.06% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Granite Point Mortgage Trust's Pre-Tax Income for the three months ended in Mar. 2026 was $-2.43 Mil. Granite Point Mortgage Trust's Revenue for the three months ended in Mar. 2026 was $10.48 Mil. Therefore, Granite Point Mortgage Trust's pretax margin for the quarter that ended in Mar. 2026 was -23.17%.

The historical rank and industry rank for Granite Point Mortgage Trust's Pretax Margin % or its related term are showing as below:

GPMT' s Pretax Margin % Range Over the Past 10 Years
Min: -519.48   Med: 13.88   Max: 78.31
Current: -82.04


GPMT's Pretax Margin % is ranked worse than
95.06% of 932 companies
in the REITs industry
Industry Median: 46.815 vs GPMT: -82.04

Granite Point Mortgage Trust  (NYSE:GPMT) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Granite Point Mortgage Trust Pretax Margin % Related Terms


Granite Point Mortgage Trust Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Granite Point Mortgage Trust's Pretax 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.

Granite Point Mortgage Trust Pretax Margin % Chart

Granite Point Mortgage Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.31 -52.14 -79.43 -519.48 -92.98

Granite Point Mortgage Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax 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 -68.74 -118.45 23.72 -246.28 -23.17

GPMT vs SACH, ICRP, LFT: Pretax Margin % Comparison

For the REIT - Mortgage subindustry, Granite Point Mortgage Trust's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Granite Point Mortgage Trust Pretax Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Granite Point Mortgage Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Granite Point Mortgage Trust's Pretax Margin % falls into.


GPMT
49GF Score
Granite Point Mortgage Trust Inc GPMT
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Granite Point Mortgage Trust Pretax Margin % Calculation

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

Granite Point Mortgage Trust's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-41.003/44.099
=-92.98 %

Granite Point Mortgage Trust's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-2.427/10.477
=-23.17 %

* 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 Pretax Margin % →
What does a Pretax Margin % of -23.17% mean?
Granite Point Mortgage Trust (GPMT) has a Pretax Margin % of -23.17% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Granite Point Mortgage Trust and its competitors. According to the industry distribution chart, Granite Point Mortgage Trust ranks #886 out of 932 companies in the REITs industry, placing it in the top 95.1%.
Is Granite Point Mortgage Trust's Pretax Margin % too high?
Granite Point Mortgage Trust's current Pretax Margin % is -23.17%. Based on the distribution chart, Granite Point Mortgage Trust ranks #886 out of 932 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Granite Point Mortgage Trust has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Granite Point Mortgage Trust's Pretax Margin % compare to SACH and ICRP?
According to the REITs industry distribution chart, Granite Point Mortgage Trust ranks #886 out of 932 companies for Pretax Margin %. This places Granite Point Mortgage Trust in the lower half of its industry. The industry median Pretax Margin % is 46.82. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a REITs company?
The median Pretax Margin % among REITs companies is 46.82, based on 932 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Granite Point Mortgage Trust and its competitors. For the REITs industry, the median Pretax Margin % is 46.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granite Point Mortgage Trust's current Pretax Margin % is -23.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite Point Mortgage Trust stock overvalued right now?
Based on GuruFocus' analysis, Granite Point Mortgage Trust (GPMT) is currently considered Possible Value Trap. The stock's GF Value™ is $2.70, compared to a current price of $1.41 — trading 47.8% below its estimated fair value. The current Pretax Margin % is -23.17%. Granite Point Mortgage Trust's overall GF Score™ is 49/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Granite Point Mortgage Trust (GPMT), the current Pretax Margin % is -23.17% as of Mar. 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 Granite Point Mortgage Trust (GPMT) Overvalued in 2026?

Based on GuruFocus' analysis, Granite Point Mortgage Trust stock appears to be undervalued. The current stock price of $1.41 is trading 47.8% below its estimated GF Value™ of $2.70. GuruFocus considers Granite Point Mortgage Trust to be Possible Value Trap.

Key valuation signals for GPMT:

  • Pretax Margin %: -23.17%
  • GF Value™: $2.70 vs. price of $1.41 (47.8% below fair value)
  • GF Score™: 49/100 with 3 warning signs

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


Granite Point Mortgage Trust Business Description

Industry Real EstateREITs
Address 1114 Avenue of the Americas, Suite 3020, 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 commercial property.
49GF Score

Get the complete analysis for GPMT

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

$1.41
Price
$2.70
GF Value