Pricing Log in Create free account
Friday 6 November 2026 Export ARR’s income statement to Excel — free account

ARMOUR Residential REIT, Inc.

ARR Real Estate Reit Mortgage

ARMOUR Residential REIT, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $800.4 million, up 45.3% from fiscal 2024.

Revenue
+30.5%
EPS
−250.7%
Free cash flow
+361.7%
Total debt
+17.0%

Quarter to September 2026, against a year earlier

12.56 0.02 −0.16%
Market cap
$1.9B
P/E
0.0×
Fwd P/E
−11.6×
Dividend yield
22.9%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.01
Sold, $m 0.69
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — 1 — —
Sell — 1 — — — — — — — 1 — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 1,870.00
Revenue ttm 1,023.89
Net income ttm (52.08)
Free cash flow ttm 456.23
Net debt Q 19,245.26
Valuation
P/E 0.00
Forward P/E (11.60) (negative: loss-making)
Price / sales 1.77
Forward P/S Powerpack
Price / FCF 3.98
Price / book 0.77
Financial health
Current ratio Q 0.03
Debt / equity Q 8.24
Interest coverage Q 1.35
Growth
Revenue growth Q +30.53% (above 0%: growing)
Operating income growth Q +32.04% (above 0%: growing)
EPS, this year −6.34% (below 0%: weak)
EPS, next year A −3.09% (below 0%: weak)
Revenue, next year A −60.50% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A −0.88% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 20.6×, against a ten-year median of 27.4×; over the ten years it ranged from 7.4× in 2020 to 72.7× in 2022.
P/S against its own 10 years 12.80%
10-year low 10-year high
P/B against its own 10 years 68.65%
10-year low 10-year high
EV/Sales against its own 10 years 16.39%
10-year low 10-year high
EV/FCF against its own 10 years 16.68%
10-year low 10-year high

Dividends

Yield
22.9%
Annual rate
2.88
Payout ratio
83.9%
Growth, 2018–26
−16.7%/yr
  1. 11.40 ’18
  2. 10.80 ’19 −5
  3. 6.00 ’20 −44
  4. 6.00 ’21 +0
  5. 6.00 ’22 +0
  6. 5.00 ’23 −17
  7. 2.88 ’24 −42
  8. 2.88 ’25 +0
  9. 2.64 ’26 −8
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 259 146 290 134
Receivables 47 53 86 505
Inventory — — — —
Other — — — —
306 199 376 639
2023 2024 2025 Q'26
Payables 7 5 2 6
ST’ Debt 9,648 10,714 17,942 19,379
Other — — — —
10,037 11,248 18,003 19,443

Compound Annual Growth %

10y 5y 3y
Sales 8.16% 36.42% 51.89%
Cash Flow (6.31%) 0.00% 0.03%
Earnings 0.00% 0.00% 0.00%
Book Value 6.32% 19.23% 26.67%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 0.73 Actual 0.71

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 0.74 0.71 Miss by 0.03
Q1 FY26 0.73 0.76 Beat by 0.03
Q2 FY26 0.69 0.72 Beat by 0.03
Q3 FY26 0.73 0.71 Miss by 0.02
Q4 FY26 0.70 — Reports 17 February 2027

EPS $

Mar Jun Sep Dec Year
’26 (0.49) 0.86 (2.26) — —
’25 0.32 (0.94) 1.49 1.86 3.30
’24 0.24 (1.05) 1.21 (0.83) (0.51)
’23 (0.95) 1.00 (3.92) 1.96 (1.86)
’22 (3.60) (2.90) (6.00) 2.55 (10.25)
’21 5.15 (4.75) 1.80 (1.55) 0.25
’20 (34.75) 3.85 4.30 6.05 (17.85)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 249 264 274 — —
’25 173 181 210 236 800
’24 141 130 127 152 551
’23 118 135 154 146 553
’22 33 48 74 73 228
’21 19 18 22 22 80
’20 93 29 26 22 169
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 112 210 99 — —
’25 101 25 (38) 36 124
’24 97 27 47 90 261
’23 54 (9) 27 60 133
’22 (84) 10 90 107 124
’21 21 16 (13) (13) 12
’20 (184) (163) 53 37 (258)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 112 210 99 — —
’25 101 25 (38) 36 124
’24 97 27 47 90 261
’23 54 (9) 27 60 133
’22 (84) 10 90 107 124
’21 21 16 (13) (13) 12
’20 (184) (163) 53 37 (258)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 264 254 283 440 169 80 228 553 551 800 1,024 +13.1% 316 375 316 (26.6%)
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 0.0 pt
EBT (46) 181 (106) (250) (215) 15 (230) (68) (14) 323 (52) n/m
EBT margin, % (17.24) 71.20 (37.42) (56.85) (126.98) 19.09 (100.66) (12.28) (2.61) 40.31 (5.09) +57.6 pt
Net income (46) 181 (106) (250) (215) 15 (230) (68) (14) 323 (52) n/m
Per share, $
Per share, $ Revenue 35.97 32.48 33.61 38.00 13.43 5.06 9.68 12.84 10.56 8.52 7.08 (14.8%)
Earnings (8.35) 21.10 (14.60) (22.95) (17.85) 0.25 (10.25) (1.86) (0.51) 3.31 (0.03) n/m
Cash flow (27.72) 14.05 8.93 (3.52) (20.44) 0.74 5.26 3.08 5.01 1.32 3.16 n/m
Capex 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Free cash flow (27.72) 14.05 8.93 (3.52) (20.44) 0.74 5.26 3.08 5.01 1.32 3.16 n/m
Book value 148.79 169.27 133.56 124.21 74.39 71.94 47.15 29.53 26.10 24.07 16.26 (18.3%)
Shares, m 7 8 8 12 13 16 24 43 52 94 122 +32.7%
Valuation, ×
Valuation, × P/E 0.00 6.06 0.00 0.00 0.00 70.07 0.00 0.00 0.00 6.46 0.00 8.3
P/S 3.06 3.93 3.05 2.35 4.02 9.69 2.99 1.47 1.79 2.08 1.77 3.4
P/B 0.74 0.75 0.77 0.72 0.73 0.68 0.61 0.64 0.72 0.74 0.77 0.7
EV/Sales 27.56 32.52 27.09 27.56 29.78 54.32 30.77 18.45 20.97 24.13 20.57 29.3
EV/FCF (35.77) 75.16 101.95 (297.54) (19.57) 372.43 56.64 76.81 44.18 155.50 46.16 53.0
Cash, $m
Cash, $m Operating cash flow (203) 110 75 (41) (258) 12 124 133 261 124 456 n/m
Capex — — — — — — — — — — — —
Free cash flow (203) 110 75 (41) (258) 12 124 133 261 124 456 n/m
Balance, $m
Balance, $m Working capital (6,463) (7,156) (6,692) (10,977) (4,251) (3,480) (6,743) (9,731) (11,049) (17,627) (18,804) +11.8%
Net debt 6,467 7,274 6,805 11,081 4,364 3,592 6,345 9,389 10,568 17,652 19,245 +11.8%
Shareholders’ equity 1,092 1,326 1,125 1,437 938 1,144 1,112 1,271 1,361 2,261 2,351 +8.4%
Returns, %
Returns, % ROA (0.58) 1.96 (1.41) (2.44) (2.39) 0.07 (3.29) (0.73) (0.20) 1.80 (0.31) +2.4 pt
ROIC 1.90 1.60 1.94 2.01 1.52 0.49 1.53 2.95 2.57 2.32 2.78 +0.4 pt
ROE (5.28) 13.67 (10.04) (20.73) (18.94) 0.37 (21.45) (6.70) (2.00) 17.15 (2.90) +22.4 pt
People
People Employees 19 19 21 23 22 23 21 22 20 20 — +0.6%
Revenue/emp, $m 13.89 13.39 13.48 19.11 7.70 3.50 10.88 25.13 27.55 40.02 — +12.5%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

ARMOUR Residential REIT, Inc. vs peers in Reit Mortgage (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
STWD STARWOOD PROPERTY TRUST, INC. $4.8B 21.8× 17.1× +15.62% (above 0%: growing) n/m +72.68% (above 0%: growing) 27.80% (2.16%) Compare
DX Dynex Capital, Inc. $2.8B 47.2× — (loss-making) +122.14% (above 0%: growing) n/m +19.26% (above 0%: growing) 100.00% 96.21% Compare
BXMT Blackstone Mortgage Trust, Inc. $1.9B — (loss-making) — (loss-making) −5.69% (below 0%: shrinking) n/m −68.73% (below 0%: shrinking) 77.32% 69.63% Compare
ARR ARMOUR Residential REIT, Inc. $1.9B — (loss-making) — (loss-making) +30.53% (above 0%: growing) n/m +361.70% (above 0%: growing) 100.00% 93.98%
EFC Ellington Financial Inc. $1.5B 7.0× 5.6× +47.95% (above 0%: growing) −4.44% (below 0%: shrinking) +108.89% (above 0%: growing) 95.69% 125.46% Compare
LADR Ladder Capital Corp $1.2B 11.4× 12.9× −15.61% (below 0%: shrinking) +253.93% (above 0%: growing) +579.74% (above 0%: growing) 100.00% 54.14% Compare
ORC Orchid Island Capital, Inc. $963.0M 99.6× — (loss-making) +51.35% (above 0%: growing) n/m +132.66% (above 0%: growing) 100.00% (45.05%) Compare
PMT PennyMac Mortgage Investment Trust $717.7M 17.9× 7.3× −63.48% (below 0%: shrinking) n/m −95.57% (below 0%: shrinking) 24.92% (28.21%) Compare
CIM Chimera Investment Corporation $663.0M — (loss-making) — (loss-making) +10.32% (above 0%: growing) n/m −191.20% (below 0%: shrinking) 100.00% 0.00% Compare
Median of peers $1.3B 19.8× 10.1× +12.97% — +45.97% 97.85% 27.07%

All 37 Reit Mortgage stocks →

Pay and ownership Proxy statement filed 19 March 2026

Ownership

Directors and executive officers, together less than 1%
BlackRock, Inc. 10.50%
The Vanguard Group Inc. 7.20%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

ARMOUR Residential REIT, Inc. (ARR) Latest News

29 Oct

Impact 4 · · The Motley Fool

24 Oct

Impact 4 · · Simply Wall St.
Impact 4 · · Simply Wall St.
Impact 3 · · Simply Wall St.

22 Oct

Impact 4 · · MarketBeat
Impact 4 · · Moby earnings
Impact 3 · · The Motley Fool transcript
Impact 3 · · Zacks

21 Oct

Impact 4 · · GlobeNewswire
Impact 3 · · Zacks
Impact 3 · · Associated Press

20 Oct

Impact 3 · · GlobeNewswire

9 Oct

Impact 3 · · Simply Wall St.
Impact 3 · · Simply Wall St.

22 Sep

Impact 3 · · Zacks

25 Jul

Impact 3 ·

23 Jul

Impact 3 · transcript
Impact 3 · · MarketBeat
Impact 3 · · Moby transcript

22 Jul

Impact 3 ·
Impact 3 ·

24 Jun

Impact 3 · · GlobeNewswire

26 Apr

Impact 3 · · Simply Wall St.

25 Apr

Impact 3 · · Simply Wall St.

24 Apr

Impact 4 · · GuruFocus.com

23 Apr

Impact 3 · · MarketBeat

22 Apr

Impact 4 · · Zacks
Impact 4 · · GlobeNewswire

16 Apr

Impact 3 · · 24/7 Wall St.

15 Apr

Impact 4 · · 24/7 Wall St.
stockrow.com/ARR · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com