ARMOUR Residential REIT, Inc. (ARR) vs Blackstone Mortgage Trust, Inc. (BXMT)

ARMOUR Residential REIT, Inc. and Blackstone Mortgage Trust, Inc. are both Reit Mortgage companies. ARMOUR Residential REIT, Inc. and Blackstone Mortgage Trust, Inc. are of similar size ($1.9B and $1.9B). ARMOUR Residential REIT, Inc. grew revenue faster over the last twelve months: 42.9% against −1.80%. ARMOUR Residential REIT, Inc. has the higher net margin (−6.34% vs −24.7%) and the lower return on invested capital (2.78% vs 4.09%). Both pay a dividend; ARMOUR Residential REIT, Inc. yields more (22.9% vs 16.5%). Across the 22 metrics below, ARMOUR Residential REIT, Inc. leads on 15 and Blackstone Mortgage Trust, Inc. on 7.

Valuation

Metric ARR BXMT Reit Mortgage median
P/E n/m n/m 14.55
P/S 1.77 1.26 1.72
P/B 0.77 0.68 0.52
Price to free cash flow 3.98 6.10 4.35
EV/EBITDA 21.84 13.69 28.27
EV/Sales 20.57 10.25 15.73
Earnings yield (0.24%) (19.53%) 0.23%
Free cash flow yield 25.13% 16.40% 13.86%

Profitability

Metric ARR BXMT Reit Mortgage median
Gross margin 100.00% 78.72% 100.00%
Operating margin 93.69% 71.10% 31.94%
Net margin (6.34%) (24.71%) (1.81%)
Free cash flow margin 44.56% 20.73% 27.05%
Return on equity (2.90%) (11.65%) (0.49%)
Return on assets (0.31%) (2.02%) (0.06%)
Return on invested capital 2.78% 4.09% 0.79%

Growth

Metric ARR BXMT Reit Mortgage median
Revenue growth (TTM) 42.92% (1.80%) 1.39%
EPS growth (last fiscal year) 747.06% 154.70% 45.25%
Revenue growth, 5-year CAGR 36.42% 14.60% 14.60%
Net income growth, 5-year CAGR 0.00% (4.46%) 0.00%

Health

Metric ARR BXMT Reit Mortgage median
Debt to equity 8.24 4.98 2.91
Current ratio 0.03 0.00 0.82
Net debt to EBITDA 23.82 12.49 18.31

Dividend

Metric ARR BXMT Reit Mortgage median
Dividend yield 22.93% 16.46% 17.37%
Payout ratio 0.84 20.89 1.87

Size

Metric ARR BXMT Reit Mortgage median
Market cap 1.87b 1.90b 409.49m

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