Granite Point Mortgage Trust Inc. (GPMT) Key Metrics
GPMT valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $24.5M
- Enterprise value
- $919.3M
- P/E (TTM)
- —
- Forward P/E
- 47.6
- PEG ratio
- —
- Price / sales
- 5.9
- Price / book
- 0.1 10-yr median 0.3
- EV / EBITDA
- 13.5 10-yr median 135.1
- Dividend yield
- 7.87% $0.40 a year
- Beta
- 1.65
GPMT key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsGPMT valuation Price multiples at each fiscal year-end price.
GPMT returns How much profit the business earns on the capital it uses.
GPMT per-share figures Results divided by the shares outstanding at year-end.
GPMT financial health Debt, liquidity and how easily interest is covered.
GPMT efficiency & capital use Working capital cycle and where the cash goes.
GPMT valuation history
GPMT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
GPMT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
GPMT cash returned to shareholders
GPMT price vs earnings per share
GPMT key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $114.9M | $136.9M | $306.8M | $284.1M | — | — | — | — | — | — |
| Enterprise value | $1.22B | $1.52B | $2.07B | $2.58B | — | — | — | — | — | — |
| Price / sales | 0.8 | — | — | 3.6 | — | — | — | — | — | — |
| Price / book | 0.2 | 0.2 | 0.4 | 0.3 | — | — | — | — | — | — |
| Price / free cash flow | 43.1 | 22.9 | 5.9 | 4.8 | — | — | — | — | — | — |
| Price / operating cash flow | 43.1 | 15.6 | 5.9 | 4.8 | — | — | — | — | — | — |
| EV / sales | 8.4 | — | — | 33.0 | — | — | — | — | — | — |
| EV / EBITDA | 21.5 | 233.7 | 592.6 | 36.4 | — | — | — | — | — | — |
| EV / free cash flow | 457.8 | 254.2 | 39.7 | 43.8 | — | — | — | — | — | — |
| Earnings yield | −35.8% | −151.2% | −20.6% | −14.4% | — | — | — | — | — | — |
| Free cash flow yield | 2.3% | 4.4% | 17.0% | 20.7% | — | — | — | — | — | — |
| Dividend yield | 21.6% | 28.1% | 18.7% | 23.2% | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 26.5% | 33.6% | 22.4% | 28.7% | — | — | — | — | — | — |
| Share price at fiscal year-end | $24.00 | $27.90 | $59.40 | $53.60 | $117.10 | $99.90 | $183.80 | $180.30 | $177.40 | — |
| Per share | ||||||||||
| Revenue per share | $30.35 | $0.00 | $0.00 | $14.76 | — | — | — | — | — | — |
| Earnings per share | −$8.60 | −$42.19 | −$12.24 | −$7.70 | — | — | — | — | — | — |
| Operating cash flow per share | $0.56 | $1.78 | $10.09 | $11.11 | — | — | — | — | — | — |
| Free cash flow per share | $0.56 | $1.22 | $10.09 | $11.11 | — | — | — | — | — | — |
| Cash per share | $13.78 | $17.89 | $36.48 | $25.11 | — | — | — | — | — | — |
| Book value per share | $115.46 | $126.14 | $166.32 | $185.72 | — | — | — | — | — | — |
| Tangible book value per share | $112.68 | $126.14 | $166.32 | $185.72 | — | — | — | — | — | — |
| Dividends per share | $5.17 | $7.83 | $11.10 | $12.43 | — | — | — | — | — | — |
| Capex per share | $0.00 | $0.56 | $0.00 | $0.00 | — | — | — | — | — | — |
| Debt per share | $244.83 | $300.11 | $377.82 | $458.42 | — | — | — | — | — | — |
| Shares outstanding | 4.8M | 4.9M | 5.2M | 5.3M | — | — | — | — | — | — |
| Change in shares outstanding | −2.5% | −5.0% | −2.6% | — | — | — | — | — | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −7.0% | −28.0% | −6.9% | −3.0% | 3.1% | −2.2% | 7.6% | 7.6% | 8.5% | 7.7% |
| Return on invested capital (ROIC) | 2.7% | −8.2% | −1.3% | 0.4% | 1.3% | −0.7% | 2.2% | 6.3% | 5.0% | 4.6% |
| Return on assets (ROA) | −2.1% | −8.3% | −2.0% | −1.1% | 1.7% | −0.9% | 1.8% | 2.2% | 2.7% | 3.2% |
| Return on tangible assets | −2.4% | −9.8% | −2.2% | −1.2% | 1.7% | −1.0% | 1.6% | 1.9% | 2.1% | 2.4% |
| Free cash flow margin | 1.8% | — | — | 75.3% | 68.9% | 19.3% | 60.1% | 62.7% | 26.3% | 71.9% |
| Income quality (OCF / net income) | — | — | — | — | 0.88 | — | 0.91 | 0.99 | 0.57 | 1.00 |
| Financial health | ||||||||||
| Total debt | $1.17B | $1.47B | $1.95B | $2.43B | $3.62B | $3.17B | $3.01B | $1.73B | $1.71B | $1.04B |
| Cash & short-term investments | $66.0M | $87.8M | $188.4M | $133.1M | $191.9M | $261.4M | $93.1M | $104.3M | $120.6M | $68.7M |
| Net debt | $1.11B | $1.39B | $1.76B | $2.30B | $3.43B | $2.91B | $2.92B | $1.63B | $1.59B | $976.1M |
| Debt / equity | 2.12 | 2.38 | 2.27 | 2.47 | 2.10 | 1.18 | 2.95 | 2.09 | 2.06 | 2.44 |
| Debt / assets | 0.67 | 0.70 | 0.69 | 0.70 | 0.91 | 0.75 | 0.67 | 0.51 | 0.68 | 0.70 |
| Net debt / EBITDA | 19.45 | 212.68 | 504.80 | 32.43 | 40.29 | — | 41.40 | 10.52 | 16.57 | 21.05 |
| Current ratio | 0.14 | 3.35 | 3.14 | 4.95 | 0.45 | 0.26 | 2.12 | 5.40 | 0.07 | 0.06 |
| Quick ratio | 0.14 | 3.35 | 3.12 | 4.95 | 0.45 | 0.26 | 2.12 | 5.40 | 0.08 | 0.06 |
| Interest coverage | 0.6 | -1.3 | -0.3 | 0.1 | 0.6 | -0.4 | 0.5 | 1.7 | 2.3 | 4.2 |
| Working capital | −$443.6M | $1.42B | $1.91B | $2.73B | −$248.5M | −$795.0M | $55.1M | $109.0M | −$1.55B | −$999.6M |
| Invested capital | $1.66B | $2.00B | $2.62B | $3.28B | $5.16B | $5.60B | $3.94B | $2.45B | $2.42B | $1.40B |
| Tangible asset value | $539.5M | $619.2M | $859.0M | $984.7M | $1.73B | $2.69B | $1.02B | $827.5M | $828.6M | $428.0M |
| Net current asset value | −$1.13B | $524.9M | $807.5M | $952.0M | −$2.06B | −$1.25B | −$3.34B | −$2.40B | −$1.55B | −$999.6M |
| Graham net-net per share | −$236.21 | $3.08 | $28.43 | $21.61 | — | — | — | — | — | — |
| Capital allocation | ||||||||||
| Dividends paid | $24.8M | $38.4M | $57.3M | $65.9M | $66.8M | $34.2M | $86.4M | $68.7M | $13.9M | $532.1M |
| Share buybacks (net) | $5.7M | $7.6M | $11.3M | $15.7M | $17.8M | $0 | $0 | $0 | $60.3M | $104.2M |
| Dividend payout ratio | — | — | — | — | 97.7% | — | 123.1% | 108.9% | 26.0% | — |
| Dividends + buybacks / free cash flow | — | 768.6% | 131.7% | 138.5% | 140.2% | 168.7% | 134.6% | 119.6% | 381.5% | — |
| Capex / revenue | 0.0% | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 1,540.0% |
| Capex / operating cash flow | 0.0% | 31.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 2,142.6% |
| Capex / depreciation | 0.00 | 0.42 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 40,038.47 |
| Stock-based compensation / revenue | 0.7% | — | — | 9.0% | 8.7% | 5.0% | 4.5% | 3.8% | 1.5% | — |
| R&D / revenue | — | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 13.7% | — | — | 25.8% | 24.5% | 15.0% | 27.3% | 13.7% | 13.2% | 28.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 2,393.3 | — | — | 7,645.5 | 48.2 | 41.2 | 36.9 | 34.6 | 46.4 | 57.7 |
| Days of inventory on hand | — | — | 581.8 | 0.0 | 0.0 | 0.0 | 0.0 | — | -740.1 | — |
| Days payables outstanding | — | — | — | 169.2 | 239.2 | 203.3 | 680.2 | 108.3 | 62.7 | 7.3 |
| Cash conversion cycle (days) | — | — | — | 7,476.3 | -191.1 | -162.1 | -643.3 | -73.7 | -756.3 | 50.4 |
| Receivables turnover | 0.15 | 0.00 | 0.00 | 0.05 | 7.58 | 8.85 | 9.89 | 10.55 | 7.86 | 6.33 |
| Payables turnover | — | — | — | 2.16 | 1.53 | 1.80 | 0.54 | 3.37 | 5.82 | 50.01 |
| Inventory turnover | — | — | 0.63 | 30,979,000.00 | 30,098,000.00 | 29,024,000.00 | 3,670,000.00 | — | — | — |
| Asset turnover | 0.08 | 0.00 | 0.00 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.04 | 0.04 |
| Average receivables | $952.6M | $2.24B | $2.93B | $1.64B | $11.6M | $11.9M | $10.8M | $8.7M | $9.4M | $7.8M |
| Average payables | — | — | — | $14.4M | $19.7M | $16.2M | $6.8M | $4.8M | $1.9M | $364,000 |
| Average inventory | — | — | $8.5M | $1 | $1 | $1 | $1 | — | −$22.3M | — |
| Intangibles / total assets | 0.8% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from GPMT's annual financial statements (latest annual report filed March 2, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
GPMT valuation and financial ratios
Granite Point Mortgage earned a return on equity of −7.0% and a return on invested capital of 2.7% in fiscal 2025. It ended the year with $1.2 billion of debt and $66.0 million in cash and short-term investments, net debt of $1.1 billion. It returned $30.4 million to shareholders: $24.8 million in dividends and $5.7 million in share buybacks.
See the GPMT income statement, the GPMT chart for price history, or the GPMT stock overview for the latest quote and news.
GPMT key metrics FAQ
What is Granite Point Mortgage's EV/EBITDA?
Granite Point Mortgage's enterprise value was 21.5 times EBITDA at the end of fiscal 2025 (enterprise value $1.2 billion, EBITDA $56.9 million); the current EV/EBITDA is 13.5.
What is Granite Point Mortgage's return on equity?
Granite Point Mortgage's return on equity (ROE) was −7.0% in fiscal 2025: net income of -$41.2 million on average shareholders' equity of $585.9 million.
What is Granite Point Mortgage's ROIC?
Granite Point Mortgage's return on invested capital was 2.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Granite Point Mortgage have?
Granite Point Mortgage had total debt of $1.2 billion at the end of fiscal 2025, a debt-to-equity ratio of 2.12 and $1.1 billion of net debt (19.45 times EBITDA).
What is Granite Point Mortgage's dividend yield?
Granite Point Mortgage's forward dividend yield is 7.87%. Granite Point Mortgage paid $24.8 million in dividends in fiscal 2025 ($5.17 per share), a payout ratio of —.
Does Granite Point Mortgage buy back its shares?
Yes. Granite Point Mortgage spent $5.7 million on net share repurchases in fiscal 2025 Shares outstanding changed −2.5% over the year, to 4.8M..
What is Granite Point Mortgage's free cash flow yield?
Granite Point Mortgage generated $2.7 million of free cash flow in fiscal 2025, a free cash flow yield of 2.3% on its market value at year-end ($114.9 million).
What is Granite Point Mortgage's current ratio?
Granite Point Mortgage's current ratio was 0.14 at the end of fiscal 2025: current assets were 0.14 times current liabilities.