Effective Income Tax Rate Reconciliation, Tax Exempt Income, Amount
Granite Point Mortgage Trust Effective Income Tax Rate Reconciliation, Tax Exempt Income, Amount remained flat by 0.0% to -$1.94M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 81.9%, from -$10.73M to -$1.94M. Over 4 years (FY 2021 to FY 2025), Effective Income Tax Rate Reconciliation, Tax Exempt Income, Amount shows a downward trend with a -13.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
A higher amount indicates a successful strategy of investing in tax-exempt assets to lower the tax burden.
Detailed definition
The monetary value of income recognized for financial reporting purposes that is not subject to income tax. This often i...
Peer comparison
Commonly reported by financial services firms with large investment portfolios.
other_income_tax_reconciliation_tax_exempt_incomeHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $13.80M | -$8.80M | -$13.54M | -$42.93M | -$7.77M |
| YoY Change | — | -163.8% | -53.8% | -217.1% | +81.9% |
Effective Income Tax Rate Reconciliation, Tax Exempt Income, Amount at Other Companies
Frequently Asked Questions
- What is Granite Point Mortgage Trust's effective income tax rate reconciliation, tax exempt income, amount?
- Granite Point Mortgage Trust (GPMT) reported effective income tax rate reconciliation, tax exempt income, amount of -$1.94M in Q4 2025.
- How has Granite Point Mortgage Trust's effective income tax rate reconciliation, tax exempt income, amount changed year-over-year?
- Granite Point Mortgage Trust's effective income tax rate reconciliation, tax exempt income, amount increased by 81.9% year-over-year, from -$10.73M to -$1.94M.
- What is the long-term trend for Granite Point Mortgage Trust's effective income tax rate reconciliation, tax exempt income, amount?
- Over 4 years (2021 to 2025), Granite Point Mortgage Trust's effective income tax rate reconciliation, tax exempt income, amount has grown at a -13.4% compound annual growth rate (CAGR), from $13.80M to -$7.77M.
- What does effective income tax rate reconciliation, tax exempt income, amount mean?
- The amount of income earned that is legally exempt from corporate income tax.