Saturday 17 October 2026 Export ARR’s income statement to Excel — free account

ARMOUR Residential REIT, Inc.

ARMOUR Residential REIT, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $800.4 million, up 45.3% from fiscal 2024. In the quarter to June 2026, revenue grew 45.9%, EPS grew 191.5%, free cash flow grew 741.9% and total debt rose 51.8%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

13.20 0.46 −3.37%

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Market cap: $1.9B
P/E: 3.5×
Fwd P/E: 8.3×
Dividend yield: 21.8%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.01

Total sells 0.69

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	1	—
Sell	—	—	1	—	—	—	—	—	—	—	1	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 1,930.00

Revenue 959.73

Net Income 430.93

Free Cash Flow 319.49

Net Debt 19,006.01

Current Ratio 0.04

Debt/Equity 7.54

P/E ratio 3.54

Fwd P/E 8.30

P/S ratio 1.78

P/B ratio 0.66

Past 5Y EPS Growth —

This Y EPS Growth (5.62%)

Next Y EPS Growth (1.58%)

Next Y revenue growth (59.03%)

Next 5Y EPS Growth (1.83%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 17.24%

10-year low 10-year high

P/S against its own 10 years 12.86%

10-year low 10-year high

P/B against its own 10 years 14.30%

10-year low 10-year high

EV/Sales against its own 10 years 19.46%

10-year low 10-year high

EV/FCF against its own 10 years 36.34%

10-year low 10-year high

Dividends

Payout Ratio 0.77

Annual Dividend Rate 2.88

Annual Dividend Yield 21.82%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	2.88	0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24
2025	2.88	0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24
2024	2.88	0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24
2023	5.00	0.50 0.50 0.40 0.40 0.40 0.40 0.40 0.40 0.40 0.40 0.40 0.40
2022	6.00	0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50
2021	6.00	0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50
2020	6.00	0.85 0.85 0.85 0.45 0.50 0.50 0.50 0.50 0.50 0.50
2019	10.80	0.95 0.95 0.95 0.95 0.95 0.95 0.85 0.85 0.85 0.85 0.85 0.85
2018	11.40	0.95 0.95 0.95 0.95 0.95 0.95 0.95 0.95 0.95 0.95 0.95 0.95
2017	11.40	0.95 0.95 0.95 0.95 0.95 0.95 0.95 0.95 0.95 0.95 0.95 0.95
2016	15.10	1.65 1.65 1.65 1.35 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	259	146	290	435
Receivables	47	53	86	436
Inventory	—	—	—	—
Other	—	—	—	—
	306	199	376	871

	2023	2024	2025	Q'26
Payables	7	5	2	6
ST’ Debt	9,648	10,714	17,942	19,441
Other	—	—	—	—
	10,037	11,248	18,003	19,520

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%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	249	264	—	—	—
’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	—	—	—
’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	—	—	—
’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.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.49)	0.86	—	—	—
’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)	—
’20	(34.75)	3.85	4.30	6.05	(17.85)

Fiscal quarters ending in the months shown.

value withheld pending a data check

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	83.05	104.05	98.75	80.00	24.75	45.10	21.90	13.32	17.35	13.18	Analyst estimates 2026–2028 Powerpack
	High	117.00	138.00	128.75	107.70	105.75	62.80	50.85	33.40	21.93	19.34
People
People	Employees	19	19	21	23	22	23	21	22	20	20
	Revenue/emp, $m	13.89	13.39	13.48	19.11	7.70	3.50	10.88	25.13	27.55	40.02
Income, $m
Income, $m	Revenue	264	254	283	440	169	80	228	553	551	800
	Gross margin, %	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00
	EBT	(46)	181	(106)	(250)	(215)	15	(230)	(68)	(14)	323
	EBT margin, %	(17.24)	71.20	(37.42)	(56.85)	(126.98)	19.09	(100.66)	(12.28)	(2.61)	40.31
	Net income	(46)	181	(106)	(250)	(215)	15	(230)	(68)	(14)	323
	Depreciation	86	50	36	55	53	48	17	4	0	2
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
	Earnings	(8.35)	21.10	(14.60)	(22.95)	(17.85)	—	(10.25)	(1.86)	(0.51)	3.31
	Cash flow	(27.72)	14.05	8.93	(3.52)	(20.44)	0.74	5.26	3.08	5.01	1.32
	Capex	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Free cash flow	(27.72)	14.05	8.93	(3.52)	(20.44)	0.74	5.26	3.08	5.01	1.32
	Book value	148.79	169.27	133.56	124.21	74.39	71.94	47.15	29.53	26.10	24.07
	Shares, m	7	8	8	12	13	16	24	43	52	94
Valuation, ×
Valuation, ×	P/E	0.00	6.06	0.00	0.00	0.00	70.07	0.00	0.00	0.00	6.46
	P/S	3.06	3.93	3.05	2.35	4.02	9.69	2.99	1.47	1.79	2.08
	P/B	0.74	0.75	0.77	0.72	0.73	0.68	0.61	0.64	0.72	0.74
	EV/Sales	27.56	32.52	27.09	27.56	29.78	54.32	30.77	18.45	20.97	24.13
	EV/FCF	(35.77)	75.16	101.95	(297.54)	(19.57)	372.43	56.64	76.81	44.18	155.50
Cash, $m
Cash, $m	Operating cash flow	(203)	110	75	(41)	(258)	12	124	133	261	124
	Capex	—	—	—	—	—	—	—	—	—	—
	Free cash flow	(203)	110	75	(41)	(258)	12	124	133	261	124
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)
	Total debt	6,818	7,556	7,038	11,355	4,536	3,948	6,463	9,648	10,714	17,942
	Net debt	6,467	7,274	6,805	11,081	4,364	3,592	6,345	9,389	10,568	17,652
	Shareholders’ equity	1,092	1,326	1,125	1,437	938	1,144	1,112	1,271	1,361	2,261
Returns, %
Returns, %	ROA	(0.58)	1.96	(1.41)	(2.44)	(2.39)	0.07	(3.29)	(0.73)	(0.20)	1.80
	ROIC	1.90	1.60	1.94	2.01	1.52	0.49	1.53	2.95	2.57	2.32
	ROE	(5.28)	13.67	(10.04)	(20.73)	(18.94)	0.37	(21.45)	(6.70)	(2.00)	17.15

Negative figures in brackets.

value withheld pending a data check

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RITM Rithm Capital Corp.	$4.9B	12.3×	7.5×	−22.48% (below 0%: shrinking)	−77.48% (below 0%: shrinking)	+117.58% (above 0%: growing)	100.00%	79.13%	Compare
STWD STARWOOD PROPERTY TRUST, INC.	$4.7B	21.1×	17.8×	+15.62% (above 0%: growing)	−97.37% (below 0%: shrinking)	+72.68% (above 0%: growing)	27.80%	(2.16%)	Compare
DX Dynex Capital, Inc.	$2.8B	4.1×	28.2×	+170.93% (above 0%: growing)	n/m	+163.96% (above 0%: growing)	100.00%	94.64%	Compare
ARR ARMOUR Residential REIT, Inc.	$1.9B	3.5×	8.3×	+45.88% (above 0%: growing)	n/m	+741.92% (above 0%: growing)	100.00%	93.50%
BXMT Blackstone Mortgage Trust, Inc.	$1.8B	117×	22.4×	−3.29% (below 0%: shrinking)	n/m	+3.93% (above 0%: growing)	78.86%	71.19%	Compare
EFC Ellington Financial Inc.	$1.5B	7.1×	6.4×	+47.95% (above 0%: growing)	−4.44% (below 0%: shrinking)	+108.89% (above 0%: growing)	95.69%	125.46%	Compare
LADR Ladder Capital Corp	$1.1B	21.7×	19.0×	+4.91% (above 0%: growing)	−14.29% (below 0%: shrinking)	−9.50% (below 0%: shrinking)	100.00%	60.88%	Compare
ORC Orchid Island Capital, Inc.	$1.0B	3.4×	8.9×	+77.91% (above 0%: growing)	n/m	+342.48% (above 0%: growing)	100.00%	117.80%	Compare
ARI Apollo Commercial Real Estate Finance	$824.0M	8.0×	31.6×	−37.40% (below 0%: shrinking)	−8.33% (below 0%: shrinking)	−20.13% (below 0%: shrinking)	91.99%	16.46%	Compare
Median of peers	$1.7B	10.2×	18.4×	+10.27%	−14.29%	+90.79%	97.85%	75.16%

All 37 Reit Mortgage stocks →

ARMOUR Residential REIT, Inc. (ARR) key facts

Strength: ARMOUR Residential REIT, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $800.4 million, up 45.3% from fiscal 2024.
ARMOUR Residential REIT, Inc. (ARR) is a Reit Mortgage company in the Real Estate sector, listed on the New York Stock Exchange.
As of October 16, 2026, ARR traded at $13.20, a market capitalization of $1.9 billion.
ARMOUR Residential REIT, Inc. pays an annual dividend of $2.88 per share, a yield of 21.8%, with a payout ratio of 77.4%.
Return on equity was 17.2% and debt-to-equity 7.54.
Its Piotroski F-score is 6 out of 9 for fiscal 2025.