BRSP (BrightSpire Capital) ROE %: 2.09% (As of Mar. 2026)


BRSP BrightSpire Capital Inc BRSP
67 GF Score
Price $5.53
GF Value $5.48
Valuation Fairly Valued
! 10 Warning Signs
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What is BrightSpire Capital ROE %?

BrightSpire Capital BRSP -0.72% 67 ROE % is 2.09% as of Mar. 2026. GuruFocus rates BRSP with a GF Score™ of 67/100 and a GF Value™ of $5.48 (Fairly Valued). The stock has 10 warning signs investors should review. Among 933 REITs companies, BrightSpire Capital ranks worse than 86.07% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BrightSpire Capital's annualized net income for the quarter that ended in Mar. 2026 was $19.4 Mil. BrightSpire Capital's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $928.2 Mil. Therefore, BrightSpire Capital's annualized ROE % for the quarter that ended in Mar. 2026 was 2.09%.

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

BRSP' s ROE % Range Over the Past 10 Years
Min: -18.67   Med: -6.48   Max: 8.2
Current: -3.25

During the past 10 years, BrightSpire Capital's highest ROE % was 8.20%. The lowest was -18.67%. And the median was -6.48%.

BRSP's ROE % is ranked worse than
86.07% of 933 companies
in the REITs industry
Industry Median: 6.2 vs BRSP: -3.25

BrightSpire Capital  (NYSE:BRSP) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=19.38/928.175
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(19.38 / 328.676)*(328.676 / 3606.339)*(3606.339 / 928.175)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.9 %*0.0911*3.8854
=ROA %*Equity Multiplier
=0.54 %*3.8854
=2.09 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=19.38/928.175
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (19.38 / 12.868) * (12.868 / 24.692) * (24.692 / 328.676) * (328.676 / 3606.339) * (3606.339 / 928.175)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.5061 * 0.5211 * 7.51 % * 0.0911 * 3.8854
=2.09 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


BrightSpire Capital ROE % Related Terms


BrightSpire Capital ROE % Historical Data

* Premium members only.

The historical data trend for BrightSpire Capital's ROE % 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 ROE % Chart

BrightSpire Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.48 3.22 -1.17 -11.35 -3.14

BrightSpire Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 2.05 -9.11 0.40 -6.00 2.09

BRSP vs IVR, RWT, ADAM: ROE % Comparison

For the REIT - Mortgage subindustry, BrightSpire Capital's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs REITs Industry

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

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


BRSP
67GF Score
BrightSpire Capital Inc BRSP
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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BrightSpire Capital ROE % Calculation

BrightSpire Capital's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-31.148/( (1048.218+938.432)/ 2 )
=-31.148/993.325
=-3.14 %

BrightSpire Capital's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=19.38/( (938.432+917.918)/ 2 )
=19.38/928.175
=2.09 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 2.09% mean?
BrightSpire Capital (BRSP) has a ROE % of 2.09% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on BrightSpire Capital and its competitors. According to the industry distribution chart, BrightSpire Capital ranks #803 out of 933 companies in the REITs industry, placing it in the top 86.1%.
Is BrightSpire Capital's ROE % too high?
BrightSpire Capital's current ROE % is 2.09%. The REITs industry median ROE % is 6.20. BrightSpire Capital's value of 2.09% is 66.3% below this industry median. Based on the distribution chart, BrightSpire Capital ranks #803 out of 933 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, BrightSpire Capital has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BrightSpire Capital's ROE % compare to IVR and RWT?
According to the REITs industry distribution chart, BrightSpire Capital ranks #803 out of 933 companies for ROE %. This places BrightSpire Capital in the lower half of its industry. The industry median ROE % is 6.20. BrightSpire Capital's value of 2.09% is 66.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a REITs company?
The median ROE % among REITs companies is 6.20, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BrightSpire Capital's current ROE % of 2.09% is 66.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on BrightSpire Capital and its competitors. For the REITs industry, the median ROE % is 6.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BrightSpire Capital's current ROE % is 2.09%. 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 $5.53 — trading 0.9% above its estimated fair value. The current ROE % is 2.09% and 66.3% below the REITs industry median of 6.20. BrightSpire Capital's overall GF Score™ is 67/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For BrightSpire Capital (BRSP), the current ROE % is 2.09% 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 BrightSpire Capital (BRSP) Overvalued in 2026?

Based on GuruFocus' analysis, BrightSpire Capital stock appears to be overvalued. The current stock price of $5.53 is trading 0.9% above its estimated GF Value™ of $5.48. GuruFocus considers BrightSpire Capital to be Fairly Valued.

Key valuation signals for BRSP:

  • ROE %: 2.09%
  • GF Value™: $5.48 vs. price of $5.53 (0.9% above fair value)
  • GF Score™: 67/100 with 10 warning signs
  • Industry Position: 66.3% below the REITs median (#803 of 933)

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.
67GF Score

Get the complete analysis for BRSP

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

$5.53
Price
$5.48
GF Value