Latest Ratios: P/E Ratio 8.8x · EV/EBITDA 12.4x · ROE 4.8%. (2003–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $950M | $1.6B | $2.8B | $3.3B | $2.6B | $2.9B | $1.9B | $1.7B | $943M | $694M | $548M |
| Enterprise Value | $11.5B | $12.2B | $12.4B | $11.9B | $15.7B | $14.6B | $6.2B | $6.1B | $4.1B | $3.1B | $2.4B |
| P/E Ratio → | 8.82 | 13.86 | 11.74 | 8.67 | 7.90 | 8.04 | 10.06 | 11.30 | 6.71 | 7.71 | 8.99 |
| P/S Ratio | 0.78 | 1.34 | 4.54 | 4.62 | 4.02 | 4.32 | 4.32 | 4.48 | 2.71 | 2.54 | 3.20 |
| P/B Ratio | 0.34 | 0.53 | 0.90 | 1.02 | 0.85 | 1.12 | 1.28 | 1.23 | 0.88 | 0.80 | 0.73 |
| P/FCF | 2.40 | 4.11 | 6.17 | 14.09 | 2.39 | 13.19 | 34.44 | — | — | 1.51 | — |
| P/OCF | 2.40 | 4.11 | 6.17 | 14.09 | 2.39 | 13.19 | 34.44 | — | — | 1.51 | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 10.07 | 19.74 | 16.51 | 23.94 | 22.09 | 14.20 | 16.33 | 11.78 | 11.44 | 14.16 |
| EV / EBITDA | 12.44 | 13.17 | 26.84 | 20.64 | 31.02 | 28.69 | 20.16 | 23.78 | 16.70 | 16.65 | 20.96 |
| EV / EBIT | 12.76 | 13.88 | 11.24 | 8.92 | 16.86 | 22.97 | 15.38 | 17.02 | 13.15 | 15.53 | 19.13 |
| EV / FCF | — | 30.77 | 26.84 | 50.32 | 14.24 | 67.37 | 113.13 | — | — | 6.79 | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 93.9% | 93.9% | 90.1% | 92.1% | 91.4% | 93.0% | 90.4% | 86.4% | 86.3% | 84.9% | 81.9% |
| Operating Margin | 74.6% | 74.6% | 61.1% | 69.8% | 66.7% | 67.0% | 57.5% | 53.6% | 54.6% | 48.7% | 52.0% |
| Net Profit Margin | 12.3% | 12.3% | 42.2% | 51.7% | 49.8% | 51.3% | 38.9% | 34.6% | 33.3% | 26.9% | 29.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.8% | 4.8% | 8.3% | 11.7% | 11.6% | 16.8% | 12.0% | 10.6% | 12.0% | 9.1% | 7.7% |
| ROA | 1.1% | 1.1% | 1.8% | 2.3% | 2.0% | 3.0% | 2.5% | 2.4% | 2.8% | 2.2% | 2.1% |
| ROIC | 5.1% | 5.1% | 2.3% | 2.7% | 2.2% | 3.3% | 3.3% | 3.0% | 3.8% | 3.4% | 3.2% |
| ROCE | 9.2% | 9.2% | 3.0% | 3.5% | 3.6% | 6.3% | 3.6% | 4.4% | 5.0% | 4.4% | 4.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 3.60 | 3.60 | 3.19 | 2.91 | 4.42 | 4.77 | 3.16 | 3.47 | 3.11 | 2.93 | 2.70 |
| Debt / EBITDA | 11.93 | 11.93 | 21.77 | 16.48 | 26.88 | 23.87 | 15.12 | 18.42 | 13.51 | 13.50 | 17.42 |
| Net Debt / Equity | — | 3.45 | 3.03 | 2.63 | 4.24 | 4.61 | 2.93 | 3.25 | 2.96 | 2.81 | 2.52 |
| Net Debt / EBITDA | 11.41 | 11.41 | 20.67 | 14.87 | 25.82 | 23.08 | 14.02 | 17.25 | 12.86 | 12.95 | 16.23 |
| Debt / FCF | — | 26.66 | 20.67 | 36.23 | 11.85 | 54.19 | 78.69 | — | — | 5.28 | — |
| Interest Coverage | 1.25 | 1.25 | 1.37 | 1.47 | 1.67 | 3.00 | 2.40 | 1.91 | 2.03 | 2.23 | 2.00 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.10 | 0.10 | 3.53 | 1.69 | 4.22 | 3.25 | — | 3.47 | 0.49 | 0.35 | 0.51 |
| Quick Ratio | 0.10 | 0.10 | 3.53 | 1.69 | 4.22 | 3.25 | — | 3.47 | 0.51 | 0.35 | 0.53 |
| Cash Ratio | 0.10 | 0.10 | 0.15 | 1.58 | 0.14 | 0.09 | — | 0.20 | 0.49 | 0.35 | 0.51 |
| Asset Turnover | — | 0.08 | 0.05 | 0.05 | 0.04 | 0.04 | 0.06 | 0.06 | 0.08 | 0.08 | 0.06 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 30.9% | 19.7% | 13.9% | 11.5% | 12.3% | 7.9% | 7.9% | 6.9% | 7.2% | 6.1% | 5.8% |
| Payout Ratio | 215.0% | 215.0% | 149.2% | 102.5% | 98.8% | 66.9% | — | — | 58.8% | 58.1% | 63.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 11.3% | 7.2% | 8.5% | 11.5% | 12.7% | 12.4% | 9.9% | 8.9% | 14.9% | 13.0% | 11.1% |
| FCF Yield | 41.7% | 24.4% | 16.2% | 7.1% | 41.9% | 7.6% | 2.9% | — | — | 66.2% | — |
| Buyback Yield | 0.4% | 0.2% | 0.4% | 1.1% | 0.0% | 2.0% | 1.1% | 0.7% | 1.1% | 0.0% | 0.0% |
| Total Shareholder Yield | 31.3% | 19.9% | 14.3% | 12.6% | 12.3% | 9.9% | 9.0% | 7.6% | 8.3% | 6.1% | 5.8% |
| Shares Outstanding | — | $210M | $206M | $219M | $199M | $156M | $134M | $116M | $94M | $80M | $73M |
Multifamily bridge loan distress
According to recent market data, ABR trades at a P/E of 9.64, yet the absence of stable P/FFO metrics complicates traditional valuation, as the 28.2% dividend yield suggests the market is pricing in significant risk regarding the sustainability of future cash distributions and long-term asset quality.
The disconnect between the low P/B ratio of 0.37 and the high dividend yield indicates that investors are heavily discounting the book value of the loan portfolio. This valuation profile suggests that the market views the current earnings as transitory or potentially overstated due to accounting adjustments, warranting caution for those seeking a value entry point.
Based on reported financial statements, the FFO payout ratio has deteriorated significantly, reaching 4.1% in 2026Q1, which, when contrasted with the 4.05x AFFO payout ratio, indicates that the dividend is increasingly reliant on non-recurring capital sources rather than core operational cash flow generation.
The extreme volatility in the payout ratio suggests that the dividend policy is disconnected from the underlying cash-generating capacity of the bridge loan platform. Investors should monitor whether management maintains this distribution level, as the current trend appears to be eroding the firm's internal capital base.
As indicated by quarterly filings, the debt-to-equity ratio climbed to 3.81 in 2026Q1, reflecting a heightened reliance on debt financing that appears increasingly precarious given the concurrent compression in interest coverage ratios, which fell to 1.07 during the same period.
The narrowing interest coverage ratio suggests that the firm's ability to service its debt obligations is under significant strain. This leverage profile warrants further investigation into the maturity schedule of the warehouse lines, as any tightening in credit availability could force a deleveraging event that would likely impact shareholder equity.
Financial analysts frequently misapply the standard P/E ratio to ABR, which obscures the impact of non-cash CECL reserves and MSR mark-to-market adjustments that fundamentally distort GAAP net income and fail to reflect the true distributable cash flow available to shareholders.
Using P/E for a mortgage REIT like ABR ignores the significant depreciation and non-cash accounting entries inherent in the business model. Investors should instead prioritize FFO and AFFO metrics, as these adjustments provide a more accurate representation of the firm's ability to sustain its dividend and fund future loan originations.
Includes 30+ ratios · 23 years · Updated daily
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Quick answers to the most common questions about buying ABR stock.
Arbor Realty Trust, Inc.'s current P/E ratio is 8.8x. The historical average is 8.9x. This places it at the 58th percentile of its historical range.
Arbor Realty Trust, Inc.'s current EV/EBITDA is 12.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 24.8x.
Arbor Realty Trust, Inc.'s return on equity (ROE) is 4.8%. The historical average is 5.2%.
Based on historical data, Arbor Realty Trust, Inc. is trading at a P/E of 8.8x. This is at the 58th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Arbor Realty Trust, Inc.'s current dividend yield is 30.88% with a payout ratio of 215.0%.
Arbor Realty Trust, Inc. has 93.9% gross margin and 74.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Arbor Realty Trust, Inc.'s Debt/EBITDA ratio is 11.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.