Angel Oak Mortgage AOMR EBITDA margin

EBITDA margin at other companies

Redwood TrustRWT

86.9%—

Annaly Capital ManagementNLY

113%+8.5pp

Starwood Property TrustSTWD

94.3%+2.4pp

Granite Point Mortgage TrustGPMT

491.4%+469pp

Sachem Capital Corp.SACH

-26.5%—

New York Mortgage TrustADAM

32.4%+19.4pp

Questions, answered.

What does EBITDA margin mean?

Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.

How do you interpret EBITDA margin?

Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.

How does EBITDA margin compare across companies?

Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.