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ARMOUR Residential REIT (ARMOUR Residential REIT) Selling, General, & Admin. Expense : $5.22 Mil (TTM As of Mar. 2024)


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What is ARMOUR Residential REIT Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. ARMOUR Residential REIT's selling, general, & admin. expense for the three months ended in Mar. 2024 was $1.44 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2024 was $5.22 Mil.


ARMOUR Residential REIT Selling, General, & Admin. Expense Historical Data

The historical data trend for ARMOUR Residential REIT's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ARMOUR Residential REIT Selling, General, & Admin. Expense Chart

ARMOUR Residential REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.60 6.34 6.61 5.49 4.94

ARMOUR Residential REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.16 1.26 1.26 1.26 1.44

Competitive Comparison of ARMOUR Residential REIT's Selling, General, & Admin. Expense

For the REIT - Mortgage subindustry, ARMOUR Residential REIT's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ARMOUR Residential REIT's Selling, General, & Admin. Expense Distribution in the REITs Industry

For the REITs industry and Real Estate sector, ARMOUR Residential REIT's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where ARMOUR Residential REIT's Selling, General, & Admin. Expense falls into.



ARMOUR Residential REIT Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.22 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ARMOUR Residential REIT  (NYSE:ARR) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


ARMOUR Residential REIT Selling, General, & Admin. Expense Related Terms

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ARMOUR Residential REIT (ARMOUR Residential REIT) Business Description

Industry
Traded in Other Exchanges
Address
3001 Ocean Drive, Suite 201, Vero Beach, FL, USA, 32963
ARMOUR Residential REIT Inc is a real estate investment trust that invests in residential mortgage-backed securities or RMBS. These are issued or guaranteed by U.S.-government-sponsored enterprises, such as Fannie Mae, Freddie Mac, or Ginnie Mae. The company's investment portfolio is composed of mortgage-backed securities, adjustable-rate mortgage securities, and multifamily mortgage-backed securities. In terms of total fair value, most Armour's investments are long-term, fixed-rate agency RMBS. Multifamily RMBS also represents a substantial amount. Fannie Mae guarantees most of the company's holdings. Armour derives substantially all its revenue as interest income from its investments.
Executives
Daniel C Staton director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
James R Mountain officer: Chief Financial Officer ARMOUR RESIDENTIAL REIT, INC., 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Jeffrey J Zimmer director, officer: Co-CEO and President 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Scott Ulm director, officer: Co-CEO and CIO 3005 HAMMOCK WAY, VERO BEACH FL 32963
Robert C Hain director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
Hollihan John P Iii director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
Mark Gruber officer: Chief Operating Officer 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Z Jamie Behar director 200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Marc H Bell director 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487
Gordon Harper officer: VP Finance and Controller 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Carolyn Downey director 54 ROSEBROOK ROAD, NEW CANAAN CT 06840
Thomas K Guba director 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Staton Bell Blank Check Llc 10 percent owner 6800 BROKEN SOUND PARKWAY, BOCA RATON FL 33487
Richard Steiner other: Director of Enterprise [EST] 4044 ROSE HILL AVENUE, CINCINNATI OH 45229
Ezra Shashoua other: Officer of Enterprise [EST] 6800 BROKEN SOUND PARKWAY, BOCA RATON FL 33487