REIT - Mortgage
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AOMR vs BXMT
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Mortgage
AOMR vs BXMT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | REIT - Mortgage | REIT - Mortgage |
| Market Cap | $220M | $3.23B |
| Revenue (TTM) | $104M | $1.54B |
| Net Income (TTM) | $16M | $104M |
| Gross Margin | 67.7% | 62.6% |
| Operating Margin | 43.7% | 58.3% |
| Forward P/E | 6.8x | 12.0x |
| Total Debt | $308M | $16.16B |
| Cash & Equiv. | $42M | $453M |
AOMR vs BXMT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jun 21 | May 26 | Return |
|---|---|---|---|
| Angel Oak Mortgage,… (AOMR) | 100 | 49.4 | -50.6% |
| Blackstone Mortgage… (BXMT) | 100 | 60.1 | -39.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: AOMR vs BXMT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
AOMR carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 0 yrs, beta 0.67, yield 14.4%
- Rev growth 158.1%, EPS growth 53.8%
- Lower volatility, beta 0.67, current ratio 0.17x
BXMT is the clearest fit if your priority is long-term compounding.
- 50.5% 10Y total return vs AOMR's -18.8%
- +12.1% vs AOMR's +3.9%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 158.1% FFO/revenue growth vs BXMT's -14.0% | |
| Value | Lower P/E (6.8x vs 12.0x) | |
| Quality / Margins | 15.6% margin vs BXMT's 6.7% | |
| Stability / Safety | Beta 0.67 vs BXMT's 0.74, lower leverage | |
| Dividends | 14.4% yield, vs BXMT's 9.9% | |
| Momentum (1Y) | +12.1% vs AOMR's +3.9% | |
| Efficiency (ROA) | 0.6% ROA vs BXMT's 0.5%, ROIC 8.8% vs 4.3% |
AOMR vs BXMT — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
BXMT leads this category, winning 3 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
BXMT is the larger business by revenue, generating $1.5B annually — 14.8x AOMR's $104M. AOMR is the more profitable business, keeping 15.6% of every revenue dollar as net income compared to BXMT's 6.7%. On growth, BXMT holds the edge at +4.0% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $104M | $1.5B |
| EBITDAEarnings before interest/tax | $45M | $948M |
| Net IncomeAfter-tax profit | $16M | $104M |
| Free Cash FlowCash after capex | -$136M | $335M |
| Gross MarginGross profit ÷ Revenue | +67.7% | +62.6% |
| Operating MarginEBIT ÷ Revenue | +43.7% | +58.3% |
| Net MarginNet income ÷ Revenue | +15.6% | +6.7% |
| FCF MarginFCF ÷ Revenue | -131.8% | +21.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | -18.0% | +4.0% |
| EPS Growth (YoY)Latest quarter vs prior year | -134.5% | — |
Valuation Metrics
AOMR leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 4.9x trailing earnings, AOMR trades at a 84% valuation discount to BXMT's 29.9x P/E. On an enterprise value basis, AOMR's 3.3x EV/EBITDA is more attractive than BXMT's 16.3x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $220M | $3.2B |
| Enterprise ValueMkt cap + debt − cash | $486M | $18.9B |
| Trailing P/EPrice ÷ TTM EPS | 4.91x | 29.92x |
| Forward P/EPrice ÷ next-FY EPS est. | 6.76x | 11.98x |
| PEG RatioP/E ÷ EPS growth rate | 0.04x | — |
| EV / EBITDAEnterprise value multiple | 3.30x | 16.35x |
| Price / SalesMarket cap ÷ Revenue | 1.66x | 2.12x |
| Price / BookPrice ÷ Book value/share | 0.80x | 0.93x |
| Price / FCFMarket cap ÷ FCF | 11.84x | 11.71x |
Profitability & Efficiency
AOMR leads this category, winning 8 of 9 comparable metrics.
Profitability & Efficiency
AOMR delivers a 6.2% return on equity — every $100 of shareholder capital generates $6 in annual profit, vs $3 for BXMT. AOMR carries lower financial leverage with a 1.15x debt-to-equity ratio, signaling a more conservative balance sheet compared to BXMT's 4.61x. On the Piotroski fundamental quality scale (0–9), AOMR scores 7/9 vs BXMT's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +6.2% | +2.9% |
| ROA (TTM)Return on assets | +0.6% | +0.5% |
| ROICReturn on invested capital | +8.8% | +4.3% |
| ROCEReturn on capital employed | +6.7% | +11.3% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 6 |
| Debt / EquityFinancial leverage | 1.15x | 4.61x |
| Net DebtTotal debt minus cash | $266M | $15.7B |
| Cash & Equiv.Liquid assets | $42M | $453M |
| Total DebtShort + long-term debt | $308M | $16.2B |
| Interest CoverageEBIT ÷ Interest expense | 1.43x | 1.11x |
Total Returns (Dividends Reinvested)
Evenly matched — AOMR and BXMT each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in BXMT five years ago would be worth $9,591 today (with dividends reinvested), compared to $8,118 for AOMR. Over the past 12 months, BXMT leads with a +12.1% total return vs AOMR's +3.9%. The 3-year compound annual growth rate (CAGR) favors AOMR at 17.1% vs BXMT's 14.0% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +6.5% | +0.7% |
| 1-Year ReturnPast 12 months | +3.9% | +12.1% |
| 3-Year ReturnCumulative with dividends | +60.6% | +48.1% |
| 5-Year ReturnCumulative with dividends | -18.8% | -4.1% |
| 10-Year ReturnCumulative with dividends | -18.8% | +50.5% |
| CAGR (3Y)Annualised 3-year return | +17.1% | +14.0% |
Risk & Volatility
Evenly matched — AOMR and BXMT each lead in 1 of 2 comparable metrics.
Risk & Volatility
AOMR is the less volatile stock with a 0.67 beta — it tends to amplify market swings less than BXMT's 0.74 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BXMT currently trades 92.6% from its 52-week high vs AOMR's 85.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.67x | 0.74x |
| 52-Week HighHighest price in past year | $10.34 | $20.67 |
| 52-Week LowLowest price in past year | $7.96 | $17.67 |
| % of 52W HighCurrent price vs 52-week peak | +85.4% | +92.6% |
| RSI (14)Momentum oscillator 0–100 | 50.6 | 47.5 |
| Avg Volume (50D)Average daily shares traded | 71K | 1.4M |
Analyst Outlook
AOMR leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates AOMR as "Buy" and BXMT as "Hold". For income investors, AOMR offers the higher dividend yield at 14.41% vs BXMT's 9.86%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $9.75 | — |
| # AnalystsCovering analysts | 7 | 18 |
| Dividend YieldAnnual dividend ÷ price | +14.4% | +9.9% |
| Dividend StreakConsecutive years of raises | 0 | 0 |
| Dividend / ShareAnnual DPS | $1.27 | $1.89 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +3.4% |
AOMR leads in 3 of 6 categories (Valuation Metrics, Profitability & Efficiency). BXMT leads in 1 (Income & Cash Flow). 2 tied.
AOMR vs BXMT: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is AOMR or BXMT a better buy right now?
For growth investors, Angel Oak Mortgage, Inc.
(AOMR) is the stronger pick with 158. 1% revenue growth year-over-year, versus -14. 0% for Blackstone Mortgage Trust, Inc. (BXMT). Angel Oak Mortgage, Inc. (AOMR) offers the better valuation at 4. 9x trailing P/E (6. 8x forward), making it the more compelling value choice. Analysts rate Angel Oak Mortgage, Inc. (AOMR) a "Buy" — based on 7 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — AOMR or BXMT?
On trailing P/E, Angel Oak Mortgage, Inc.
(AOMR) is the cheapest at 4. 9x versus Blackstone Mortgage Trust, Inc. at 29. 9x. On forward P/E, Angel Oak Mortgage, Inc. is actually cheaper at 6. 8x.
03Which is the better long-term investment — AOMR or BXMT?
Over the past 5 years, Blackstone Mortgage Trust, Inc.
(BXMT) delivered a total return of -4. 1%, compared to -18. 8% for Angel Oak Mortgage, Inc. (AOMR). Over 10 years, the gap is even starker: BXMT returned +50. 5% versus AOMR's -18. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — AOMR or BXMT?
By beta (market sensitivity over 5 years), Angel Oak Mortgage, Inc.
(AOMR) is the lower-risk stock at 0. 67β versus Blackstone Mortgage Trust, Inc. 's 0. 74β — meaning BXMT is approximately 10% more volatile than AOMR relative to the S&P 500. On balance sheet safety, Angel Oak Mortgage, Inc. (AOMR) carries a lower debt/equity ratio of 115% versus 5% for Blackstone Mortgage Trust, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — AOMR or BXMT?
By revenue growth (latest reported year), Angel Oak Mortgage, Inc.
(AOMR) is pulling ahead at 158. 1% versus -14. 0% for Blackstone Mortgage Trust, Inc. (BXMT). On earnings-per-share growth, the picture is similar: Blackstone Mortgage Trust, Inc. grew EPS 154. 7% year-over-year, compared to 53. 8% for Angel Oak Mortgage, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — AOMR or BXMT?
Angel Oak Mortgage, Inc.
(AOMR) is the more profitable company, earning 33. 2% net margin versus 7. 2% for Blackstone Mortgage Trust, Inc. — meaning it keeps 33. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: AOMR leads at 110. 8% versus 71. 6% for BXMT. At the gross margin level — before operating expenses — AOMR leads at 90. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is AOMR or BXMT more undervalued right now?
On forward earnings alone, Angel Oak Mortgage, Inc.
(AOMR) trades at 6. 8x forward P/E versus 12. 0x for Blackstone Mortgage Trust, Inc. — 5. 2x cheaper on a one-year earnings basis.
08Which pays a better dividend — AOMR or BXMT?
All stocks in this comparison pay dividends.
Angel Oak Mortgage, Inc. (AOMR) offers the highest yield at 14. 4%, versus 9. 9% for Blackstone Mortgage Trust, Inc. (BXMT).
09Is AOMR or BXMT better for a retirement portfolio?
For long-horizon retirement investors, Angel Oak Mortgage, Inc.
(AOMR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 67), 14. 4% yield). Both have compounded well over 10 years (AOMR: -18. 8%, BXMT: +50. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between AOMR and BXMT?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: AOMR is a small-cap high-growth stock; BXMT is a small-cap income-oriented stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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