EARN
Ellington Residential Mortgage
NYSE: EARN · FINANCIAL SERVICES · ASSET MANAGEMENT
$4.72
+0.85% today
Updated 2026-04-30
Market cap
$175.07M
P/E ratio
16.64
P/S ratio
4.88x
EPS (TTM)
$0.28
Dividend yield
20.90%
52W range
$4 – $5
Volume
0.5M
Ellington Residential Mortgage (EARN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $956000.00 | $2.41M | $26.43M | $11.41M | $26.19M | $35.54M | $-5.79M | $27.54M | $25.94M | $-557000.00 | $20.19M | $55.35M | $50.67M | $42.57M |
| Revenue growth (YoY) | — | +152.3% | +995.8% | -56.8% | +129.5% | +35.7% | -116.3% | +576.0% | -5.8% | -102.1% | +3724.1% | +174.2% | -8.4% | -16.0% |
| Cost of revenue | — | $4.33M | $4.51M | $6.24M | $9.27M | $19.05M | $1.24M | $1.30M | $1.30M | $1.31M | $1.44M | $45.26M | $34.79M | $6.21M |
| Gross profit | $956000.00 | $2.41M | $21.92M | $5.17M | $16.91M | $16.49M | $-7.03M | $26.24M | $24.64M | $-1.87M | $18.75M | $10.09M | $15.88M | $36.36M |
| Gross margin | 100.0% | 100.0% | 82.9% | 45.4% | 64.6% | 46.4% | 121.5% | 95.3% | 95.0% | 335.9% | 92.9% | 18.2% | 31.3% | 85.4% |
| R&D | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.00 | $0.00 | $0.00 | $2.00 | $0.00 | — | — |
| SG&A | $3.27M | $2.07M | $2.96M | $3.33M | $3.09M | $3.76M | $3.43M | $3.17M | $3.29M | $3.50M | $2.87M | $1.12M | $1.93M | $520000.00 |
| Operating income | $-2.49M | $1.14M | $16.17M | $30000.00 | $11.91M | $10.79M | $21.22M | $22.26M | $20.11M | $-6.31M | $-15.38M | $4.56M | $7.10M | $-8.44M |
| Operating margin | -260.7% | 47.3% | 61.2% | 0.3% | 45.5% | 30.4% | -366.8% | 80.8% | 77.5% | 1132.7% | -76.2% | 8.2% | 14.0% | -19.8% |
| EBITDA | $348000.00 | $1.14M | $16.17M | $30000.00 | $11.91M | $10.79M | $21.22M | $22.26M | $34.38M | $-6.31M | $-13.09M | $4.56M | $7.10M | $-8.44M |
| EBITDA margin | 36.4% | 47.3% | 61.2% | 0.3% | 45.5% | 30.4% | -366.8% | 80.8% | 132.6% | 1132.7% | -64.8% | 8.2% | 14.0% | -19.8% |
| EBIT | $-2.14M | $1.14M | $38.85M | $39.52M | $4.05M | $1.55M | $21.22M | $22.26M | $20.11M | $-6.31M | $-15.38M | $-4.12M | — | — |
| Interest expense | — | $3.06M | $4.51M | $6.24M | $9.27M | $19.05M | $32.52M | $35.28M | $9.96M | $2.72M | $14.82M | $45.26M | $34.79M | $10.52M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-2.14M | $-1.91M | $16.17M | $30000.00 | $11.91M | $10.79M | $-11.29M | $22.26M | $20.11M | $-6.31M | $-30.20M | $4.56M | $6.59M | $-14.45M |
| Net income growth (YoY) | — | +10.7% | +944.7% | -99.8% | +39586.7% | -9.4% | -204.7% | +297.0% | -9.6% | -131.4% | -378.6% | +115.1% | +44.5% | -319.4% |
| Profit margin | -224.3% | -79.4% | 61.2% | 0.3% | 45.5% | 30.4% | 195.2% | 80.8% | 77.5% | 1132.7% | -149.6% | 8.2% | 13.0% | -33.9% |