Angel Oak Mortgage, Inc.(AOMR)Earnings, Financials & Key Ratios

AOMR•NYSE•REIT / Real Estate

$8.95

5.0× P/E·Price updated Jul 7, 2026

SectorReal Estate IndustryMortgage REITs Sub-IndustryResidential credit and whole-loan REITs

AboutAngel Oak Mortgage, Inc., a real estate finance company, focuses on acquiring and investing in first lien non- qualified mortgage loans and other mortgage-related assets in the United States mortgage market. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Angel Oak Mortgage, Inc. was incorporated in 2018 and is headquartered in Atlanta, Georgia.Show more

Revenue$133M+158.1%
FFO$49M+51.7%
FFO/Share2.00+52.2%
FFO Payout63.72%-35.0%
FFO per Share2.00+52.2%
NOI Margin90.07%-9.9%
FFO Margin36.56%-41.2%
ROE17.38%+49.7%
ROA1.75%+39.6%

AOMR Price & Volume

Angel Oak Mortgage, Inc. (AOMR) stock price & volume — 10-year historical chart

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Securitization Volatility Masks Underlying Credit Portfolio Risks

Investment Thesis • Updated 2026Q1

VerdictNegative

Growth:Mixed

Profitability:Strained

Financial:Vulnerable

Cash Flow:Deteriorating

Primary Risk:Non-QM credit spread volatility

Key Thesis Takeaways

Angel Oak Mortgage, Inc.
faces a challenging outlook defined by extreme revenue lumpiness, as evidenced by a 158% revenue surge in 2025Q1 followed by an 18% contraction in 2026Q1.
While the firm has successfully reduced its debt-to-equity ratio from a peak of 8.02 in 2025Q2 to 1.10 in 2026Q1, the reliance on fair value accounting for its loan portfolio creates significant earnings instability.
Investors should remain cautious regarding the long-term sustainability of the 14.1% dividend yield given the persistent reliance on external securitization velocity to fund operations.

Verdict Logic

the company's reliance on non-cash fair value adjustments to report profitability and the extreme volatility in operating cash flow, which saw a $212.4M outflow in 2024Q3, suggest that the 14.1% dividend yield may not be supported by sustainable core earnings.

AOMR Growth Metrics

Angel Oak Mortgage, Inc. (AOMR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-

5 Years66.48%

3 Years-

TTM29.59%

Profit CAGR

10 Years-

5 Years126.65%

3 Years-

TTM-55.74%

EPS CAGR

10 Years-

5 Years130.77%

3 Years-

TTM-57.26%

Return on Capital

10 Years-0.3%

5 Years6.68%

3 Years6.68%

Last Year6.68%

AOMR Recent Earnings

Angel Oak Mortgage, Inc. (AOMR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 1/12 qtrs (8%)●Beat Revenue 8/12 qtrs (67%)

Q2 2026Latest

May 5, 2026

Metric

Actual

Est

EPS

$0.18-40.0%

$0.30

Rev

$11M+0.0%

$11M

Q1 2026

Feb 25, 2026

Metric

Actual

Est

EPS

$0.29-7.2%

$0.31

Rev

$11M-3.8%

$11M

Q4 2025

Nov 6, 2025

Metric

Actual

Est

EPS

$0.02-92.9%

$0.28

Rev

$15M+31.6%

$11M

Q3 2025

Aug 5, 2025

Metric

Actual

Est

EPS

$0.11-59.3%

$0.27

Rev

$33M+201.7%

$11M

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	May 5, 2026	$0.18vs $0.30-40.0%	$11Mvs $11M+0.0%
Q1 2026	Feb 25, 2026	$0.29vs $0.31-7.2%	$11Mvs $11M-3.8%
Q4 2025	Nov 6, 2025	$0.02vs $0.28-92.9%	$15Mvs $11M+31.6%
Q3 2025	Aug 5, 2025	$0.11vs $0.27-59.3%	$33Mvs $11M+201.7%

Based on last 12 quarters of dataView full earnings history →

Latest AOMR News

Recent stock market news and headlines for Angel Oak Mortgage, Inc. (AOMR)

Business Wire·Jun 23, 2026

KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2026-3 (AOMT 2026-3)

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to ten classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2026-3 (AOMT 2026-3), a $279.6 million non-prime RMBS transaction. The underlying collateral, comprised of 589 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. All the loans are either classified as non-qualified mortgages (Non-QM) (43.8%) or exempt (56.2%) from the Ability-to-.

Peers Comparison

Key metrics vs top competitors for Angel Oak Mortgage, Inc. (AOMR)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
AOMRAngel Oak Mortgage, Inc.Current	$8.95	$222.99M	4.97	158.06%	33.15%	17.38%	14.22%
MITTTPG Mortgage Investment Trust Inc	$7.71	$244.68M	8.57	14.4%	6.82%	6.11%	—
GPMTGranite Point Mortgage Trust Inc.	$1.44	$69M	-1.24	187.77%	-30.49%	-7.1%	—
SACHSachem Capital Corp.	$0.92	$43.96M	23.38	-18.16%	-1.5%	-0.39%	—
BXMTBlackstone Mortgage Trust, Inc.	$17.15	$2.89B	26.80	-13.96%	6.75%	2.93%	—
TPVGTriplePoint Venture Growth BDC Corp.	$4.75	$192.85M	3.89	36.55%	-19.55%	-3.39%	—

Compare AOMR vs Peers

Angel Oak Mortgage, Inc. (AOMR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MITT

Most directly comparable listed peer for AOMR.

Scale Benchmark

vs RKT

Larger-name benchmark to compare AOMR against a more recognizable public peer.

Peer Set

Compare Top 5

vs MITT, GPMT, SACH, BXMT

AOMR SEC Filings & Documents

Angel Oak Mortgage, Inc. (AOMR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

May 5, 2026·SEC

Material company update

Apr 27, 2026·SEC

Material company update

Apr 21, 2026·SEC

10-K Annual Reports

FY 2026

Mar 3, 2026·SEC

FY 2025

Mar 24, 2025·SEC

10-Q Quarterly Reports

FY 2026

May 5, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 6, 2025·SEC

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AOMR Frequently Asked Questions

Angel Oak Mortgage, Inc. (AOMR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

What is Angel Oak Mortgage, Inc.'s revenue?

Angel Oak Mortgage, Inc. (AOMR) reported $103.6M in revenue for fiscal year 2025.

How fast is Angel Oak Mortgage, Inc. growing?

Angel Oak Mortgage, Inc. (AOMR) grew revenue by 158.1% over the past year. This is strong growth.

Is AOMR profitable?

Yes, Angel Oak Mortgage, Inc. (AOMR) is profitable, generating $16.1M in net income for fiscal year 2025 (33.2% net margin).

Dividend & Returns

Does AOMR pay dividends?

Yes, Angel Oak Mortgage, Inc. (AOMR) pays a dividend with a yield of 14.22%. This makes it attractive for income-focused investors.

What is AOMR's return on equity?

Angel Oak Mortgage, Inc. (AOMR) has a return on equity (ROE) of 17.4%. This is reasonable for most industries.

Industry Metrics

What is Angel Oak Mortgage, Inc.'s FFO?

Angel Oak Mortgage, Inc. (AOMR) generated Funds From Operations (FFO) of $59.4M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Is AOMR a good dividend stock?

Angel Oak Mortgage, Inc. (AOMR) offers a 14.22% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

What if you invested $1,000 in AOMR back in 2018?

Total return calculator · dividends reinvested · 8+ years of data

See returns →

Quarter

Date

EPS (Act vs Est)

Revenue (Act vs Est)

Q2 2026Latest

May 5, 2026

$0.18vs $0.30-40.0%

$11Mvs $11M+0.0%

Q1 2026

Feb 25, 2026

$0.29vs $0.31-7.2%

$11Mvs $11M-3.8%

Q4 2025

Nov 6, 2025

$0.02vs $0.28-92.9%

$15Mvs $11M+31.6%

Q3 2025

Aug 5, 2025

$0.11vs $0.27-59.3%

$33Mvs $11M+201.7%

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

AOMRAngel Oak Mortgage, Inc.Current

$8.95

$222.99M

4.97

158.06%

33.15%

17.38%

14.22%

MITTTPG Mortgage Investment Trust Inc

$7.71

$244.68M

8.57

14.4%

6.82%

6.11%

—

GPMTGranite Point Mortgage Trust Inc.

$1.44

$69M

-1.24

187.77%

-30.49%

-7.1%

—

SACHSachem Capital Corp.

$0.92

$43.96M

23.38

-18.16%

-1.5%

-0.39%

—

BXMTBlackstone Mortgage Trust, Inc.

$17.15

$2.89B

26.80

-13.96%

6.75%

2.93%

—

TPVGTriplePoint Venture Growth BDC Corp.

$4.75

$192.85M

3.89

36.55%

-19.55%

-3.39%

—