Tax

Tax Reconciliation, Other Items

Granite Point Mortgage Trust Tax Reconciliation, Other Items remained flat by 0.0% to $136.50K in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 309.2%, from -$65.25K to $136.50K. Over 3 years (FY 2021 to FY 2024), Tax Reconciliation, Other Items shows an upward trend with a 10.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2015
Last reportedQ4 2024Mar 2, 2026

How to read this metric

Large fluctuations may signal one-time tax events or accounting adjustments that could impact future tax predictability.

Detailed definition

This captures miscellaneous adjustments to the effective income tax rate that do not fall into standard categories like...

Peer comparison

Standard in most corporate tax footnotes, though the magnitude varies significantly based on tax complexity.

Metric ID: cop_tax_reconciliation_other

Historical Data

4 years
 FY'21FY'22FY'23FY'24
Value-$404.00K-$228.00K-$261.00K$546.00K
YoY Change+43.6%-14.5%+309.2%
Range-$404.00K$546.00K
CAGR+10.6%
Avg YoY Growth+112.8%
Median YoY Growth+43.6%

Frequently Asked Questions

What is Granite Point Mortgage Trust's tax reconciliation, other items?
Granite Point Mortgage Trust (GPMT) reported tax reconciliation, other items of $136.50K in Q4 2024.
How has Granite Point Mortgage Trust's tax reconciliation, other items changed year-over-year?
Granite Point Mortgage Trust's tax reconciliation, other items increased by 309.2% year-over-year, from -$65.25K to $136.50K.
What is the long-term trend for Granite Point Mortgage Trust's tax reconciliation, other items?
Over 3 years (2021 to 2024), Granite Point Mortgage Trust's tax reconciliation, other items has grown at a 10.6% compound annual growth rate (CAGR), from -$404.00K to $546.00K.
What does tax reconciliation, other items mean?
Miscellaneous tax rate adjustments not classified elsewhere.