Angel Oak Mortgage REIT Past Earnings Performance
Past criteria checks 3/6
Angel Oak Mortgage REIT's earnings have been declining at an average annual rate of -38.3%, while the Mortgage REITs industry saw earnings growing at 5.2% annually. Revenues have been declining at an average rate of 30.3% per year. Angel Oak Mortgage REIT's return on equity is 13.2%, and it has net margins of 61.3%.
Key information
-38.3%
Earnings growth rate
-43.4%
EPS growth rate
| Mortgage REITs Industry Growth | 4.5% |
| Revenue growth rate | -30.3% |
| Return on equity | 13.2% |
| Net Margin | 61.3% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
AOMR: An MREIT Generating High Yield Despite Series Of Interest Rate Hikes
Jun 18Angel Oak Mortgage: Don't Lose Faith, Better Times Will Come
Dec 22Angel Oak Mortgage GAAP EPS of -$3.40 misses by $3.79
Nov 08Angel Oak Mortgage names Sreeni Prabhu as CEO and president
Sep 28Angel Oak Mortgage declares $0.45 dividend
Aug 09Revenue & Expenses BreakdownBeta
How Angel Oak Mortgage REIT makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 55 | 34 | 8 | 0 |
| 30 Sep 23 | 17 | -4 | 8 | 0 |
| 30 Jun 23 | -67 | -95 | 12 | 0 |
| 31 Mar 23 | -115 | -144 | 13 | 0 |
| 31 Dec 22 | -158 | -188 | 14 | 0 |
| 30 Sep 22 | -141 | -176 | 14 | 0 |
| 30 Jun 22 | -56 | -86 | 11 | 0 |
| 31 Mar 22 | -6 | -32 | 9 | 0 |
| 31 Dec 21 | 42 | 21 | 8 | 0 |
| 30 Sep 21 | 38 | 25 | 6 | 0 |
| 30 Jun 21 | 31 | 23 | 4 | 0 |
| 31 Mar 21 | 57 | 47 | 4 | 0 |
| 31 Dec 20 | 10 | 1 | 3 | 0 |
| 30 Sep 20 | 5 | -4 | 3 | 0 |
| 31 Mar 20 | -28 | -34 | 1 | 0 |
| 31 Dec 19 | 12 | 5 | 1 | 0 |
| 31 Dec 18 | -1 | -6 | 0 | 0 |
Quality Earnings: AOMR has high quality earnings.
Growing Profit Margin: AOMR became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AOMR has become profitable over the past 5 years, growing earnings by -38.3% per year.
Accelerating Growth: AOMR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AOMR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Mortgage REITs industry (-6.2%).
Return on Equity
High ROE: AOMR's Return on Equity (13.2%) is considered low.