Tax

Tax Reconciliation - Tax Exempt Income

Granite Point Mortgage Trust Tax Reconciliation - Tax Exempt Income remained flat by 0.0% to 4.8% in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 9.5%, from 5.3% to 4.8%. Over 4 years (FY 2021 to FY 2025), Tax Reconciliation - Tax Exempt Income shows relatively stable performance with a -1.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ4 2025Mar 2, 2026

How to read this metric

A higher value indicates a greater benefit from tax-exempt income sources, improving net profitability.

Detailed definition

The tax effect of income that is exempt from taxation, expressed as a reconciliation item to the statutory tax rate. Thi...

Peer comparison

Standard component of the effective tax rate reconciliation table for companies with significant investment income.

Metric ID: ms_tax_reconciliation_tax_exempt_income

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value20%22%21%21%19%
YoY Change+10.0%-4.5%+0.0%-9.5%
Range19%22%
CAGR-1.3%
Avg YoY Growth-1.0%
Median YoY Growth-2.3%

Frequently Asked Questions

What is Granite Point Mortgage Trust's tax reconciliation - tax exempt income?
Granite Point Mortgage Trust (GPMT) reported tax reconciliation - tax exempt income of 4.8% in Q4 2025.
How has Granite Point Mortgage Trust's tax reconciliation - tax exempt income changed year-over-year?
Granite Point Mortgage Trust's tax reconciliation - tax exempt income decreased by 9.5% year-over-year, from 5.3% to 4.8%.
What is the long-term trend for Granite Point Mortgage Trust's tax reconciliation - tax exempt income?
Over 4 years (2021 to 2025), Granite Point Mortgage Trust's tax reconciliation - tax exempt income has grown at a -1.3% compound annual growth rate (CAGR), from 20.0% to 19.0%.
What does tax reconciliation - tax exempt income mean?
The reduction in tax expense resulting from income that is not subject to tax.