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Non-Current Assets

Net Operating Loss Carryforwards

Ellington Financial Inc. Net Operating Loss Carryforwards decreased by 2.7% to $321.1M in Q4 2025 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), Net Operating Loss Carryforwards shows relatively stable performance with a -0.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryOther
SignalHigher is better
VolatilityStable
First reportedQ4 2023
Last reportedQ4 2025Mar 2, 2026

How to read this metric

Higher carryforwards provide a larger tax shield for future earnings, though they also reflect historical periods of financial underperformance.

Detailed definition

Tax assets representing the amount of past operating losses that can be applied to offset future taxable income. These a...

Peer comparison

Common in companies with cyclical earnings; peers in the financial sector often utilize these to manage tax liabilities.

Metric ID: net_operating_loss_carryforwards

Historical Data

3 periods
 Q4 '23Q4 '24Q4 '25
Value$322.5M$329.9M$321.1M
QoQ Change+2.3%-2.7%
YoY Change+2.3%-2.7%
Range$321.1M$329.9M
Avg YoY Growth-0.2%
Median YoY Growth-0.2%

Frequently Asked Questions

What is Ellington Financial Inc.'s net operating loss carryforwards?
Ellington Financial Inc. (EFC) reported net operating loss carryforwards of $321.1M in Q4 2025.
What is the long-term trend for Ellington Financial Inc.'s net operating loss carryforwards?
Over 2 years (2023 to 2025), Ellington Financial Inc.'s net operating loss carryforwards has grown at a -0.2% compound annual growth rate (CAGR), from $322.5M to $321.1M.
What does net operating loss carryforwards mean?
Past losses that can be used to reduce future tax bills.