Ellington Financial Inc. (EFC) Stock Analysis
Real Estate · REIT - Mortgage · NYSE
Ellington Financial Inc. (EFC) posted $494.49M in revenue for fiscal 2025 (up 18.9% year over year), at a 24.0% net margin, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Ellington Financial Inc.
Ellington Financial Inc. has grown revenue from $0 to $494.49M over the last 10 fiscal years. The most recent year was up 18.9%.
Net margin sits at 24%, down 4.3 points year over year.
The one thing worth a second look in the filings is share count rising (dilution).
Synthesised from Ellington Financial Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Ellington Financial Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $282.22M | $370.17M | $416.01M | $494.49M |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $-16.01M | $33.98M | $46.68M | $56.47M | $17.25M | $125.35M | $-85.34M | $60.90M | $117.83M | $118.74M |
| Net margin | — | — | — | — | — | — | -30.2% | 16.5% | 28.3% | 24.0% |
Source: Ellington Financial Inc. SEC filings (10-K). 17 years of history available in the interactive view.
Ellington Financial Inc.: 1 potential red flag in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Share count rising (dilution)Shares outstanding grew 96.9% over 4 years (57.5M → 113.1M) — existing holders' stakes are being diluted.
Explore 17 years of Ellington Financial Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Ellington Financial Inc. financial history by metric
Compare Ellington Financial Inc. with peers
About Ellington Financial Inc.
Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. It operates in two segments, Investment Portfolio and Longbridge. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, non-QM, manufactured housing, subprime residential, and single-family-rental mortgage loans; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential and commercial mortgage loans; residential mortgage-backed securities; commercial mortgage-backed securities; consumer loans and asset-backed securities backed by consumer loans; investments referencing mortgage servicing rights on traditional forward mortgage loans; collateralized loan obligations; non-mortgage- and mortgage-related derivatives; debt and equity investments in loan origination companies; and other strategic investments. It also offers reverse mortgage loans, including associated financial assets, financing, hedging, and allocated expenses. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes that intends to distribute at least 90% of its taxable income as dividends to shareholders. Ellington Financial Inc. was incorporated in 2007 and is headquartered in Old Greenwich, Connecticut.
Ellington Financial Inc. — frequently asked questions
What is Ellington Financial Inc.'s revenue?
Ellington Financial Inc. (EFC) reported revenue of $494.49M for fiscal year 2025, up 18.9% from the prior year, according to its SEC filings.
Is Ellington Financial Inc. profitable?
Yes. EFC earned net income of $118.74M in fiscal 2025, a net margin of 24.0%.
What is EFC's P/E ratio?
Ellington Financial Inc. trades at a price-to-earnings ratio of about 8.4 based on the latest data in our nightly-refreshed cache.
How much debt does Ellington Financial Inc. have?
As of fiscal year 2025, EFC carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Ellington Financial Inc.'s market cap?
Ellington Financial Inc. (EFC) has a market capitalization of about $1.71B, based on the latest data in our nightly-refreshed cache.
When does Ellington Financial Inc.'s fiscal year end?
EFC's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Ellington Financial Inc.'s official SEC filings (10-K and 10-Q), covering 17 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.