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Ellington Financial Inc.

EFC

Ellington Financial Inc. is a real estate investment trust (REIT) that employs a credit-focused investment strategy to manage a diversified portfolio of financial assets.

Market cap
$1.67B+35.8%
Revenue$528.1M+22.7%
Net income$182.6M+48.9%
Free cash flow-$419.0M-40.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$114.6M
EPS estimate$0.46

Financials

Q1 2026

Income statement

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Revenue$149.5M+29.0%
Net income$95.5M+202%

Balance sheet

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Cash & equivalents$191.5M-11.9%
Total debt$643.0M+155%
Total equity$1.9B+18.9%
Total assets$20.2B+21.6%

Cash flow

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Operating cash flow-$10.0M+92.1%
CapEx-$168.0K
Free cash flow-$10.1M+92.0%

Valuation & ratios

Valuation

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Market cap$1.67B+35.8%
Enterprise value$2.12B+66.0%
P/E9.1×-1.9×
P/S3.2×+0.3×

Profitability

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Net margin34.6%+6.1pp

Returns & leverage

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Return on equity10.3%+2.5pp
Debt / equity0.3×+0.2×

Competitors

Profile

Ellington Financial Inc. is a real estate investment trust (REIT) that employs a credit-focused investment strategy to manage a diversified portfolio of financial assets. The company specializes in sourcing, originating, and investing in residential and commercial mortgage loans, as well as mortgage-backed securities and consumer-related debt. Its core value proposition lies in leveraging proprietary analytical models and extensive industry relationships to generate attractive risk-adjusted total returns through opportunistic asset acquisition and active risk management.

Competitive position

The company maintains a competitive advantage through its external management by Ellington, providing access to sophisticated proprietary analytical models and a deep network of industry relationships for niche loan sourcing.

GeographiesUnited States, Europe
Customer segmentsResidential Borrowers, Commercial Borrowers, Institutional Investors
Business modelAsset Management, Loan Origination, Loan Servicing, Investment Portfolio
SuppliersCapital Markets, Warehouse Financing Providers, Loan Originators, Data Providers
CustomersSecondary Mortgage Market, Ginnie Mae, Institutional Bond Buyers, Individual Stockholders
Listed2010
Employees170.0
CEOLaurence Eric Penn
FilingsSEC EDGAR

Questions, answered.

What is Ellington Financial Inc.'s market cap?
Ellington Financial Inc. (EFC) has a market capitalization of $1.7B and trades on NYSE.
What is Ellington Financial Inc.'s revenue and profitability?
Ellington Financial Inc. generated $528.1M in trailing twelve-month revenue with net income of $182.6M, representing a net margin of 34.6%, with free cash flow of -$419.0M. These figures are based on the Q1 2026 filing.
Who are Ellington Financial Inc.'s competitors?
Ellington Financial Inc.'s key competitors include Rithm Capital Corp., Annaly Capital Management, Inc., AGNC Investment Corp., and others. These companies compete in similar markets and product categories.
Who does Ellington Financial Inc. partner with?
Ellington Financial Inc.'s notable partners include Ellington Management Group, L.L.C., Ginnie Mae, U.S. Department of Housing and Urban Development.
What subsidiaries does Ellington Financial Inc. have?
Ellington Financial Inc.'s subsidiaries include Longbridge Financial LLC, Ellington Financial Operating Partnership LLC, Arlington Asset Investment Corp., and others.
Where is Ellington Financial Inc. headquartered?
Ellington Financial Inc. is headquartered in United States of America and employs approximately 170 people. It has been publicly traded since 2010.