What is Granite Point Mortgage Trust's debt covenant, total leverage ratio (as a percent)?

Granite Point Mortgage Trust (GPMT) reported debt covenant, total leverage ratio (as a percent) of 59.0% in Q1 2026.

Debt covenant, total leverage ratio (as a percent)

Granite Point Mortgage Trust Debt covenant, total leverage ratio (as a percent) decreased by 6.3% to 59.0% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.4%, from 64.4% to 59.0%.

Analysis

StatementBalance Sheet Statement

SectionOther

First reportedQ2 2021

Last reportedQ1 2026May 5, 2026

Metric ID: other_debt_instrument_debt_covenant_total_leverage_ratio_aad4f5

Historical Data

15 periods

	Q2 '21	Q3 '21	Q1 '22	Q2 '22	Q3 '22	Q1 '23	Q2 '23	Q3 '23	Q1 '24	Q2 '24	Q3 '24	Q1 '25	Q2 '25	Q3 '25	Q1 '26
Value	74.2%	75.2%	72.4%	73.6%	71.8%	70.5%	69.2%	68.3%	66.3%	65.4%	63.8%	64.4%	64.3%	63%	59%
QoQ Change	—	+1.3%	-3.7%	+1.7%	-2.4%	-1.8%	-1.8%	-1.3%	-2.9%	-1.4%	-2.4%	+0.9%	-0.2%	-2.0%	-6.3%
YoY Change	—	—	—	-0.8%	-4.5%	-2.6%	-6.0%	-4.9%	-6.0%	-5.5%	-6.6%	-2.9%	-1.7%	-1.3%	-8.4%

Range59% – 75.2%

CAGR-6.3%

Avg YoY Growth-4.3%

Median YoY Growth-4.7%

Current Streak3 quarters decline

Frequently Asked Questions

What is Granite Point Mortgage Trust's debt covenant, total leverage ratio (as a percent)?: Granite Point Mortgage Trust (GPMT) reported debt covenant, total leverage ratio (as a percent) of 59.0% in Q1 2026.
How has Granite Point Mortgage Trust's debt covenant, total leverage ratio (as a percent) changed year-over-year?: Granite Point Mortgage Trust's debt covenant, total leverage ratio (as a percent) decreased by 8.4% year-over-year, from 64.4% to 59.0%.