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ARMOUR Residential REIT (ARMOUR Residential REIT) Pretax Margin % : 57.72% (As of Mar. 2024)


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What is ARMOUR Residential REIT Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ARMOUR Residential REIT's Pre-Tax Income for the three months ended in Mar. 2024 was $14.52 Mil. ARMOUR Residential REIT's Revenue for the three months ended in Mar. 2024 was $25.15 Mil. Therefore, ARMOUR Residential REIT's pretax margin for the quarter that ended in Mar. 2024 was 57.72%.

The historical rank and industry rank for ARMOUR Residential REIT's Pretax Margin % or its related term are showing as below:

ARR' s Pretax Margin % Range Over the Past 10 Years
Min: 45.66   Med: 111.98   Max: 968.67
Current: 108.57


ARR's Pretax Margin % is ranked better than
87.86% of 791 companies
in the REITs industry
Industry Median: 33.84 vs ARR: 108.57

ARMOUR Residential REIT Pretax Margin % Historical Data

The historical data trend for ARMOUR Residential REIT's Pretax 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.

* Premium members only.

ARMOUR Residential REIT Pretax Margin % Chart

ARMOUR Residential REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.38 968.67 80.14 103.72 108.57

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
Pretax Margin % 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 103.19 95.83 100.76 98.61 57.72

Competitive Comparison of ARMOUR Residential REIT's Pretax Margin %

For the REIT - Mortgage subindustry, ARMOUR Residential REIT's Pretax Margin %, along with its competitors' market caps and Pretax 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.


ARMOUR Residential REIT's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, ARMOUR Residential REIT's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where ARMOUR Residential REIT's Pretax Margin % falls into.



ARMOUR Residential REIT Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

ARMOUR Residential REIT's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-67.923/-62.56
=108.57 %

ARMOUR Residential REIT's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=14.516/25.149
=57.72 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


ARMOUR Residential REIT Pretax Margin % Related Terms

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ARMOUR Residential REIT (ARMOUR Residential REIT) Business Description

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