Granite Point Mortgage Trust
GPMT
$4.39
Share price
1.39%
Change (1 day)
-1.79%
Change (1 year)
Categories
Operating Margin for Granite Point Mortgage Trust (GPMT)
Operating Margin as of April 2024 (TTM): -52.14%
According to Granite Point Mortgage Trust's latest financial reports and stock price the company's current Operating Margin is -52.14%. At the end of 2021 the company had an Operating Margin of 78.31%.
Operating Margin history for Granite Point Mortgage Trust from 2016 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 78.31% | -306.2% |
| 2020 | -37.98% | -157.77% |
| 2019 | 65.73% | -4.53% |
| 2018 | 68.85% | -4.38% |
| 2017 | 72.01% | 0.63% |
| 2016 | 71.55% | 2921.82% |
| 2015 | 2.37% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 New Residential Investment NRZ | 0.00% | N/A | 🇺🇸 USA |
 Ocwen OCN | 15.89% | -130.48% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.