Granite Point Mortgage Trust annual operating margin
2022
2023
Granite Point Mortgage Trust Operating Margin Growth & History (GPMT)
Granite Point Mortgage Trust's operating margin was 47.28% for fiscal 2023.
View full Granite Point Mortgage Trust company overviewGranite Point Mortgage Trust annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 47.28% | −9.41 pp |
| 2022 | 2022-12-31 | 56.69% | — |
Granite Point Mortgage Trust quarterly operating margin
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q1 2024 | 2024-03-31 | 2.90% | −51.01 pp |
| Q4 2023 | 2023-12-31 | 40.24% | — |
| Q3 2023 | 2023-09-30 | 45.04% | — |
| Q2 2023 | 2023-06-30 | 47.97% | — |
| Q1 2023 | 2023-03-31 | 53.91% | — |
Granite Point Mortgage Trust operating margin trends
Between the periods ended 2022-12-31 and 2023-12-31, Granite Point Mortgage Trust's operating margin decreased from 56.69% to 47.28%, a change of −9.41 percentage points. The latest reported quarter, Q1 2024, shows 2.90%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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