Net margin is calculated as Net Income divided by its Revenue. Ellington Residential Mortgage REIT's Net Income for the
three
months ended in Dec. 2023 was $12.44 Mil. Ellington Residential Mortgage REIT's Revenue for the
three
months ended in Dec. 2023 was $13.81 Mil. Therefore, Ellington Residential Mortgage REIT's net margin for the quarter that ended in Dec. 2023 was 90.05%.
The historical rank and industry rank for Ellington Residential Mortgage REIT's Net Margin % or its related term are showing as below:
EARN'
s Net Margin % Range Over the Past 10 Years
Min: 0.58 Med: 75.65 Max: 1132.68
Current: 45.17
EARN's Net Margin % is ranked better than 60.6% of 797
companies
in the REITs industry
Industry Median: 32.84
vs EARN: 45.17
Ellington Residential Mortgage REIT Net Margin % Historical Data
The historical data trend for Ellington Residential Mortgage REIT's Net Margin % 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.
For the REIT - Mortgage subindustry, Ellington Residential Mortgage REIT's Net Margin %, along with its competitors' market caps and Net Margin % 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.
Ellington Residential Mortgage REIT Net Margin % Distribution
For the REITs industry and Real Estate sector, Ellington Residential Mortgage REIT's Net Margin % distribution charts can be found below:
* The bar in red indicates where Ellington Residential Mortgage REIT's Net Margin % falls into.
Ellington Residential Mortgage REIT Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
Ellington Residential Mortgage REIT's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Ellington Residential Mortgage REIT (NYSE:EARN) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Ellington Residential Mortgage REIT Net Margin % Related Terms
Thank you for viewing the detailed overview of Ellington Residential Mortgage REIT's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ellington Residential Mortgage REIT (Ellington Residential Mortgage REIT) Business Description
Ellington Residential Mortgage REIT is principally engaged in the business of acquiring, investing in, and managing residential mortgage- and real estate-related assets through its wholly-owned subsidiaries. The company's primary objective is to generate attractive current yields and risk-adjusted total returns for shareholders by investing in assets that compensate appropriately for the risks associated with them.
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