ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. Its securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans; and unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments. The company has elected to be taxed as a real estate investment trust. ARMOUR Residential REIT, Inc. was incorporated in 2008 and is based in Vero Beach, Florida.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $332M | - | $323M | $124M | 14.3% | -69550.2% | -2341.8% |
| 2024 | $-0M | - | $-14M | $261M | -1.1% | -99.2% | -78.8% |
| 2023 | $-63M | - | $-68M | $133M | -5.3% | -72.3% | -70.5% |
| 2022 | $-226M | - | $-230M | $124M | -20.7% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | -225.87 | -62.56 | -0.48 | 331.97 |
| Pretax Income | - | -229.93 | -67.92 | -14.39 | 322.69 |
| Net Income | - | -229.93 | -67.92 | -14.39 | 322.69 |
| Net Income Common Stockholders | - | -241.91 | -79.90 | -26.38 | 310.65 |
| Interest Expense | - | 120.77 | 525.79 | 524.15 | 642.08 |
| Interest Income | - | 228.43 | 552.90 | 550.95 | 800.42 |
| Selling General And Administration | - | 5.48 | 4.94 | 4.74 | 3.56 |
| Normalized Income | - | -237.73 | -74.52 | -20.99 | 317.47 |
| Market Cap | 2,185.69 | 2,185.69 | 2,185.69 | 2,185.69 | 2,185.69 |
Real Estate sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| ARMOUR Residential REIT, Inc.this co. | ARR | - | 6.77β discount | 0.97 | 14.3% | - |
| Apple Hospitality REIT, Inc. | APLE | $3.1B | 17.75 | 0.99 | 5.6% | 10.56 |
| Curbline Properties Corp. | CURB | $3.0B | 74.46 | 1.55 | 2.1% | 24.85 |
| Urban Edge Properties | UE | $2.7B | 32.46 | 2.36 | 7.3% | 14.89 |
| Highwoods Properties, Inc. | HIW |
| - |
| - |
| - |
| - |
| - |
| - |
| $2.6B |
| 16.50 |
| 1.12 |
| 6.8% |
| 10.10 |
| Four Corners Property Trust, Inc. | FCPT | $2.6B | 24.84 | 1.71 | 6.9% | 17.72 |
| Uniti Group Inc. | UNIT | $2.4B | 2.23 | 7.64 | 343.1% | 5.31 |
| DiamondRock Hospitality Company | DRH | $2.4B | 20.62 | 1.44 | 7.0% | 11.69 |
| Getty Realty Corp. | GTY | $2.0B | 25.54 | 1.89 | 7.4% | 16.00 |
| Peer Median | - | 22.73 | 1.63 | 7.0% | 13.29 | |