Granite Point Mortgage Trust Past Earnings Performance
Past criteria checks 0/6
Granite Point Mortgage Trust's earnings have been declining at an average annual rate of -60.8%, while the Mortgage REITs industry saw earnings growing at 8.4% annually. Revenues have been declining at an average rate of 55.7% per year.
Key information
-60.8%
Earnings growth rate
-62.0%
EPS growth rate
| Mortgage REITs Industry Growth | 4.5% |
| Revenue growth rate | -55.7% |
| Return on equity | -27.2% |
| Net Margin | 139.6% |
| Next Earnings Update | 13 Feb 2025 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Granite Point Mortgage Trust makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | -140 | -196 | 21 | 0 |
| 30 Jun 24 | -131 | -186 | 20 | 0 |
| 31 Mar 24 | -62 | -118 | 22 | 0 |
| 31 Dec 23 | -23 | -78 | 22 | 0 |
| 30 Sep 23 | -14 | -72 | 21 | 0 |
| 30 Jun 23 | -20 | -76 | 21 | 0 |
| 31 Mar 23 | -27 | -94 | 20 | 0 |
| 31 Dec 22 | 16 | -55 | 20 | 0 |
| 30 Sep 22 | 37 | -39 | 22 | 0 |
| 30 Jun 22 | 82 | 9 | 23 | 0 |
| 31 Mar 22 | 96 | 41 | 22 | 0 |
| 31 Dec 21 | 113 | 68 | 21 | 0 |
| 30 Sep 21 | 124 | 84 | 33 | 0 |
| 30 Jun 21 | 136 | 41 | 29 | 0 |
| 31 Mar 21 | 133 | 25 | 26 | 0 |
| 31 Dec 20 | 72 | -41 | 29 | 0 |
| 30 Sep 20 | 65 | -46 | 5 | 0 |
| 30 Jun 20 | 52 | -4 | 12 | 0 |
| 31 Mar 20 | 60 | 16 | 24 | 0 |
| 31 Dec 19 | 110 | 70 | 29 | 0 |
| 30 Sep 19 | 106 | 69 | 20 | 0 |
| 30 Jun 19 | 103 | 68 | 19 | 0 |
| 31 Mar 19 | 98 | 65 | 12 | 0 |
| 31 Dec 18 | 94 | 63 | 16 | 0 |
| 30 Sep 18 | 90 | 60 | 18 | 0 |
| 30 Jun 18 | 85 | 55 | 17 | 0 |
| 31 Mar 18 | 80 | 40 | 14 | 0 |
| 31 Dec 17 | 75 | 26 | 10 | 0 |
| 30 Sep 17 | 70 | 24 | 11 | 0 |
| 30 Jun 17 | 65 | 22 | 8 | 0 |
| 31 Mar 17 | 58 | 29 | 7 | 0 |
| 31 Dec 16 | 50 | 35 | 7 | 0 |
| 31 Dec 15 | 9 | 0 | 1 | 0 |
Quality Earnings: GPMT.PRA is currently unprofitable.
Growing Profit Margin: GPMT.PRA is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GPMT.PRA is unprofitable, and losses have increased over the past 5 years at a rate of 60.8% per year.
Accelerating Growth: Unable to compare GPMT.PRA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GPMT.PRA is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage REITs industry (-14.6%).
Return on Equity
High ROE: GPMT.PRA has a negative Return on Equity (-27.2%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 15:59 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Granite Point Mortgage Trust Inc. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Kenneth Bruce | BofA Global Research |
| Benjamin Zucker | BTIG |