What is Angel Oak Mortgage Reit Inc's earnings per share (EPS)?

Angel Oak Mortgage Reit Inc (AOMD) reported diluted earnings per share of $1.80 for fiscal year 2025. This represents a 53.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Angel Oak Mortgage Reit Inc Financials

AOMD

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Angel Oak Mortgage Reit Inc (AOMD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI AOMD FY2025 2026-05-05

Reported profit sits beside externally funded operations, showing a leverage-heavy business where cash generation and earnings diverge.

After FY2023 turned $33.7M of net income into $306.4M of operating cash flow, cash conversion reversed sharply. FY2025 still posted $44.0M of profit, but $395.7M of financing inflows replaced internally generated cash, which means reported earnings were no longer funding the business on their own.

Leverage is doing most of the work in the equity returns: FY2025 return on assets was only 1.6%, while return on equity reached 16.5% because equity is a thin slice of the capital structure. Long-term debt of $2.28B against equity of $267.5M leaves limited room for operating volatility.

Financing costs are structurally heavy, with interest expense of $102.6M against revenue of $143.7M; that makes the business economics highly sensitive to funding terms, not just operating results. The company also paid $30.9M of dividends while operating cash flow was -$407.0M, reinforcing that cash distributions were not being supported by current operations.

Financial Health Signals

Financial Profile 19/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Angel Oak Mortgage Reit Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Angel Oak Mortgage Reit Inc's revenue surged 30.1% year-over-year to $143.7M, reflecting rapid business expansion. This strong growth earns a score of 71/100.

Leverage

Angel Oak Mortgage Reit Inc has elevated debt relative to equity (D/E of 8.51), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Returns

Angel Oak Mortgage Reit Inc's ROE of 16.5% shows moderate profitability relative to equity, earning a score of 43/100. This is up from 12.0% the prior year.

Piotroski F-Score Weak

3/9

Angel Oak Mortgage Reit Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Low Quality

-9.24x

For every $1 of reported earnings, Angel Oak Mortgage Reit Inc generates $-9.24 in operating cash flow (-$407.0M OCF vs $44.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

$143.7M

YoY+30.1%

5Y CAGR+28.6%

Angel Oak Mortgage Reit Inc generated $143.7M in revenue in fiscal year 2025. This represents an increase of 30.1% from the prior year.

EBITDA

N/A

Net Income

$44.0M

YoY+53.1%

5Y CAGR+126.7%

Angel Oak Mortgage Reit Inc reported $44.0M in net income in fiscal year 2025. This represents an increase of 53.1% from the prior year.

EPS (Diluted)

$1.80

YoY+53.8%

5Y CAGR+104.8%

Angel Oak Mortgage Reit Inc earned $1.80 per diluted share (EPS) in fiscal year 2025. This represents an increase of 53.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$41.6M

YoY+2.1%

5Y CAGR-0.9%

Angel Oak Mortgage Reit Inc held $41.6M in cash against $2.3B in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

25M

YoY+6.0%

5Y CAGR+9.6%

Angel Oak Mortgage Reit Inc had 25M shares outstanding in fiscal year 2025. This represents an increase of 6.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

30.6%

YoY+4.6pp

5Y CAGR+28.8pp

Angel Oak Mortgage Reit Inc's net profit margin was 30.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 4.6 percentage points from the prior year.

Return on Equity

16.5%

YoY+4.4pp

5Y CAGR+16.2pp

Angel Oak Mortgage Reit Inc's ROE was 16.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 4.4 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

YoY-100.0%

Angel Oak Mortgage Reit Inc spent $0 on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.

Capital Expenditures

N/A

AOMD Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$143.7M+30.1%	$110.4M+15.1%	$96.0M-17.0%	$115.5M+90.8%	$60.6M+48.3%	$40.8M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$16.4M-15.5%	$19.4M-2.3%	$19.9M+63.4%	$12.2M+101.0%	$6.1M+260.7%	$1.7M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$102.6M+39.5%	$73.5M+9.6%	$67.1M+6.4%	$63.0M+449.2%	$11.5M+53.0%	$7.5M
Income Tax	$352K-89.2%	$3.3M+161.7%	$1.2M+136.0%	-$3.5M-316.1%	$1.6M	$0
Net Income	$44.0M+53.1%	$28.8M-14.7%	$33.7M+117.9%	-$187.8M-989.7%	$21.1M+2768.6%	$736K
EPS (Diluted)	$1.80+53.8%	$1.17-13.3%	$1.35+117.6%	$-7.65-857.4%	$1.01+1920.0%	$0.05

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$40.7M+4.3%	$39.0M+6.5%	$36.7M+4.5%	$35.1M+6.8%	$32.9M+3.1%	$31.9M+16.1%	$27.4M+6.0%	$25.9M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$5.2M+0.4%	$5.2M+61.9%	$3.2M-37.5%	$5.1M+70.0%	$3.0M-45.1%	$5.5M+43.0%	$3.8M-30.3%	$5.5M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$28.6M+1.6%	$28.1M+6.3%	$26.5M+5.3%	$25.2M+10.4%	$22.8M+3.5%	$22.0M+19.4%	$18.4M+12.1%	$16.4M
Income Tax	$0-100.0%	$45K-85.3%	$307K	$0	$0	$0-100.0%	$2.8M+1894.4%	$142K
Net Income	-$7.4M-165.2%	$11.3M-0.8%	$11.4M+1387.6%	$767K-96.3%	$20.5M+236.4%	-$15.1M-148.2%	$31.2M+11530.0%	-$273K
EPS (Diluted)	$-0.30	N/A	$0.46+1433.3%	$0.03-96.6%	$0.87	N/A	$1.29+13000.0%	$-0.01

AOMD Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$2.7B+21.1%	$2.3B-1.7%	$2.3B-21.7%	$2.9B+14.3%	$2.6B+405.8%	$509.7M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$41.6M+2.1%	$40.8M-2.1%	$41.6M+42.2%	$29.3M-28.3%	$40.8M-6.4%	$43.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.5B+22.2%	$2.0B-1.0%	$2.1B-24.3%	$2.7B+29.9%	$2.1B+698.4%	$261.3M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$2.3B+25.0%	$1.8B	N/A	N/A	N/A	N/A
Total Equity	$267.5M+11.9%	$239.0M-6.7%	$256.1M+8.3%	$236.5M-51.9%	$491.4M+97.9%	$248.3M
Retained Earnings	-$206.0M+5.9%	-$218.8M-1.2%	-$216.2M+0.8%	-$218.0M-1991.4%	$11.5M+343.2%	$2.6M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$2.8B+2.2%	$2.7B+4.2%	$2.6B+3.3%	$2.6B-4.6%	$2.7B+17.9%	$2.3B-1.5%	$2.3B+9.0%	$2.1B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$42.0M+0.8%	$41.6M-19.3%	$51.6M+27.4%	$40.5M+4.7%	$38.7M-5.1%	$40.8M-3.1%	$42.1M-4.3%	$44.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.6B+2.9%	$2.5B+4.6%	$2.4B+2.9%	$2.3B-4.8%	$2.4B+19.4%	$2.0B-0.4%	$2.0B+9.7%	$1.9B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$2.4B+6.2%	$2.3B+2.9%	$2.2B	N/A	N/A	$1.8B	N/A	N/A
Total Equity	$256.9M-4.0%	$267.5M+1.3%	$264.2M+7.2%	$246.4M-2.0%	$251.5M+5.2%	$239.0M-9.9%	$265.1M+3.6%	$255.8M
Retained Earnings	-$221.4M-7.5%	-$206.0M+1.6%	-$209.2M+1.7%	-$212.8M-3.3%	-$205.9M+5.9%	-$218.8M-11.7%	-$195.9M+10.8%	-$219.6M

AOMD Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$407.0M-83.8%	-$221.5M-172.3%	$306.4M+192.5%	-$331.1M+78.9%	-$1.6B-4656.8%	$34.4M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$13.7M-88.7%	$120.5M+162.1%	-$194.1M-129.2%	$664.3M+244.3%	-$460.5M-778.2%	-$52.4M
Financing Cash Flow	$395.7M+298.4%	$99.3M+192.2%	-$107.7M+68.9%	-$345.7M-117.0%	$2.0B+3613.2%	$54.8M
Dividends Paid	$30.9M-0.3%	$31.0M-2.8%	$31.9M-23.4%	$41.7M+242.6%	$12.2M	$0
Share Buybacks	$0-100.0%	$19.9M	$0-100.0%	$6.9M+47.3%	$4.7M	$0

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$143.7M-173.7%	-$52.5M+69.7%	-$173.4M-939.7%	$20.6M+110.2%	-$201.7M-704.2%	-$25.1M+88.2%	-$212.4M-777.4%	-$24.2M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$403K+105.6%	-$7.2M-127.1%	$26.7M-62.0%	$70.1M+192.4%	-$75.9M-319.9%	$34.5M-64.5%	$97.1M+1655.6%	-$6.2M
Financing Cash Flow	$141.7M+174.7%	$51.6M-66.9%	$155.8M+273.4%	-$89.8M-132.3%	$278.2M+2571.1%	-$11.3M-109.9%	$113.9M+231.8%	$34.3M
Dividends Paid	$8.0M0.0%	$8.0M+1.7%	$7.8M+3.1%	$7.6M+1.1%	$7.5M0.0%	$7.5M0.0%	$7.5M-5.9%	$8.0M
Share Buybacks	N/A	$0	N/A	N/A	N/A	$0	N/A	N/A

AOMD Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	30.6%+4.6pp	26.0%-9.1pp	35.1%+197.7pp	-162.6%-197.4pp	34.9%+33.1pp	1.8%
Return on Equity	16.5%+4.4pp	12.0%-1.1pp	13.2%+92.6pp	-79.4%-83.7pp	4.3%+4.0pp	0.3%
Return on Assets	1.6%+0.3pp	1.3%-0.2pp	1.5%+7.8pp	-6.4%-7.2pp	0.8%+0.7pp	0.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	8.51+0.9	7.62-0.4	8.01-3.4	11.46+7.2	4.25+3.2	1.05
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-18.1%-47.1pp	29.0%-2.1pp	31.1%+28.9pp	2.2%-60.3pp	62.5%+109.7pp	-47.2%-160.9pp	113.7%+114.8pp	-1.1%
Return on Equity	-2.9%-7.1pp	4.2%-0.1pp	4.3%+4.0pp	0.3%-7.8pp	8.2%+14.5pp	-6.3%-18.1pp	11.8%+11.9pp	-0.1%
Return on Assets	-0.3%-0.7pp	0.4%-0.0pp	0.4%+0.4pp	0.0%-0.7pp	0.8%+1.4pp	-0.7%-2.0pp	1.4%+1.4pp	-0.0%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	9.41+0.9	8.51+0.1	8.37-1.0	9.37-0.3	9.64+2.0	7.62-0.1	7.69+0.4	7.26
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

What is Angel Oak Mortgage Reit Inc's annual revenue?

Angel Oak Mortgage Reit Inc (AOMD) reported $143.7M in total revenue for fiscal year 2025. This represents a 30.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Angel Oak Mortgage Reit Inc's revenue growing?

Angel Oak Mortgage Reit Inc (AOMD) revenue grew by 30.1% year-over-year, from $110.4M to $143.7M in fiscal year 2025.

Is Angel Oak Mortgage Reit Inc profitable?

Yes, Angel Oak Mortgage Reit Inc (AOMD) reported a net income of $44.0M in fiscal year 2025, with a net profit margin of 30.6%.

How much debt does Angel Oak Mortgage Reit Inc have?

As of fiscal year 2025, Angel Oak Mortgage Reit Inc (AOMD) had $41.6M in cash and equivalents against $2.3B in long-term debt.

What is Angel Oak Mortgage Reit Inc's net profit margin?

Angel Oak Mortgage Reit Inc (AOMD) had a net profit margin of 30.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Angel Oak Mortgage Reit Inc's return on equity (ROE)?

Angel Oak Mortgage Reit Inc (AOMD) has a return on equity of 16.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Angel Oak Mortgage Reit Inc's operating cash flow?

Angel Oak Mortgage Reit Inc (AOMD) generated -$407.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Angel Oak Mortgage Reit Inc's total assets?

Angel Oak Mortgage Reit Inc (AOMD) had $2.7B in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Angel Oak Mortgage Reit Inc have outstanding?

Angel Oak Mortgage Reit Inc (AOMD) had 25M shares outstanding as of fiscal year 2025.

What is Angel Oak Mortgage Reit Inc's debt-to-equity ratio?

Angel Oak Mortgage Reit Inc (AOMD) had a debt-to-equity ratio of 8.51 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Angel Oak Mortgage Reit Inc's return on assets (ROA)?

Angel Oak Mortgage Reit Inc (AOMD) had a return on assets of 1.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Angel Oak Mortgage Reit Inc's cash runway?

Based on fiscal year 2025 data, Angel Oak Mortgage Reit Inc (AOMD) had $41.6M in cash against an annual operating cash burn of $407.0M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Angel Oak Mortgage Reit Inc's Piotroski F-Score?

Angel Oak Mortgage Reit Inc (AOMD) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Angel Oak Mortgage Reit Inc's earnings high quality?

Angel Oak Mortgage Reit Inc (AOMD) has an earnings quality ratio of -9.24x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Angel Oak Mortgage Reit Inc?

Angel Oak Mortgage Reit Inc (AOMD) scores 19 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.