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ARMOUR Residential REIT, Inc. (ARR) 10-Year Financial Performance & Capital Metrics

ARR • • REIT / Real Estate
Real EstateMortgage REITsResidential Mortgage REITsAgency MBS Investors
AboutARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments. It also invests in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency. The company has elected to be taxed as a real estate investment trust under the Internal Revenue Code. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. ARMOUR Residential REIT, Inc. was incorporated in 2008 and is based in Vero Beach, Florida.Show more
  • Revenue $240M -46.6%
  • FFO -$14M +79.3%
  • FFO/Share -0.27 +82.9%
  • FFO Payout -1074.45% -237.6%
  • FFO per Share -0.27 +82.9%
  • NOI Margin 86.19% -7.3%
  • FFO Margin -5.86% +61.2%
  • ROE -1.09% +80.8%
  • ROA -0.11% +82.2%
  • Debt/Assets -
  • Net Debt/EBITDA -0.13 +72.5%
  • Book Value/Share 26.10 -11.6%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓High NOI margin of 86.2%
  • ✓Trading near 52-week high
  • ✓Trading at only 0.7x book value

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Shares diluted 21.1% in last year

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y265.98%
TTM-53.59%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-50.99%

EPS CAGR

10Y-
5Y-
3Y-
TTM-103.39%

ROCE

10Y Avg-1.86%
5Y Avg-3.01%
3Y Avg0.58%
Latest3.94%

Peer Comparison

Agency MBS Investors
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
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Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
CHMICherry Hill Mortgage Investment Corporation99.2M2.7039.53263.07%33.14%4.54%0.65
ORCOrchid Island Capital, Inc.1.49B8.1214362.89%7.89%0.7%4.5%
AGNCAGNC Investment Corp.12.53B11.6812.56287.65%92.49%7.32%0.69%0.01
ARRARMOUR Residential REIT, Inc.2.11B18.82-36.90-46.65%20.83%3.03%12.42%

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+246.68M-141.12M272.27M35.97M-211.8M-213.22M4.89M-877.95M449.67M239.9M
Revenue Growth %2.74%-1.57%2.93%-0.87%-6.89%-0.01%1.02%-180.39%1.51%-0.47%
Property Operating Expenses27.29M0027.25M020.77M22.51M25.97M31.59M33.13M
Net Operating Income (NOI)+----------
NOI Margin %----------
Operating Expenses+-21.55M7.51M6.88M4.07M36.98M5.25M5.06M-889K-62.56M37.87M
G&A Expenses2.98M3.27M3.13M4.43M36.98M6.34M7.4M5.49M4.94M4.74M
EBITDA+3.56M-144.69M366.83M36.34M-248.78M-277.2M3.58M-894.12M457.87M510.1M
EBITDA Margin %----------
Depreciation & Amortization+31.2M-95.6M91.12M141.94M0-62.09M-17.58M-773M0345K
D&A / Revenue %----------
Operating Income+-27.65M-49.09M275.71M-105.6M-248.78M-215.11M21.16M-121.12M-60.9M509.75M
Operating Margin %----------
Interest Expense+59.28M73.11M94.56M154.23M288.23M62.97M7.11M120.79M525.79M524.15M
Interest Coverage-0.47x-0.67x2.92x-0.68x-0.86x-3.42x2.98x-1.00x-0.12x0.97x
Non-Operating Income0-27.59M0-48.26M-248.78M-63.98M-7.11M-11.96M-457.87M1.39M
Pretax Income+-31.2M-45.52M181.15M-105.97M-249.91M-215.11M15.36M-229.93M-67.92M-14.39M
Pretax Margin %----------
Income Tax+-15.58M0197.03M17.03M000000
Effective Tax Rate %----------
Net Income+-31.2M-45.52M181.15M-105.97M-249.91M-215.11M15.36M-229.93M-67.92M-14.39M
Net Margin %----------
Net Income Growth %0.83%-0.46%4.98%-1.58%-1.36%0.14%1.07%-15.97%0.7%0.79%
Funds From Operations (FFO)+----------
FFO Margin %----------
FFO Growth %--2.93%-0.87%--0.99%-451.59%--
FFO per Share+----------
FFO Payout Ratio %----------
EPS (Diluted)+-5.47-8.3520.85-14.60-22.96-17.830.24-10.25-1.86-0.51
EPS Growth %0.75%-0.53%3.5%-1.7%-0.57%0.22%1.01%-43.71%0.82%0.73%
EPS (Basic)-5.47-8.3521.10-14.60-22.96-17.850.24-10.25-1.86-0.51
Diluted Shares Outstanding8.56M7.34M7.93M8.43M11.57M12.61M16.06M23.59M43.05M52.16M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+13.06B7.98B8.93B8.46B13.27B5.52B5.28B9.44B12.34B13.55B
Asset Growth %-0.2%-0.39%0.12%-0.05%0.57%-0.58%-0.04%0.79%0.31%0.1%
Real Estate & Other Assets+-12.46B-7.98B-8.93B-8.46B00-510.69M-949.55M-560.41M-642.56M
PP&E (Net)0000000000
Investment Securities1000K1000K1000K1000K001000K1000K1000K1000K
Total Current Assets+12.79B6.8B7.77B7.3B000000
Cash & Equivalents289.93M271.77M265.23M221.67M273.17M171.67M337.66M87.28M221.89M67.97M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Assets303.8M1.2B1.08B1.09B-308.25M-184.5M-349.33M-118.19M-269M-120.84M
Intangible Assets0000000000
Total Liabilities11.83B6.89B7.6B7.34B11.84B4.59B4.13B8.32B11.07B12.19B
Total Debt+11.57B6.82B7.56B7.04B11.35B4.54B0000
Net Debt11.28B6.55B7.29B6.82B11.08B4.36B-337.66M-87.28M-221.89M-67.97M
Long-Term Debt0000000000
Short-Term Borrowings1000K1000K1000K01000K1000K0000
Capital Lease Obligations08K8K8K000000
Total Current Liabilities+26.33M14.21M9.41M13.88M11.75B4.54B0000
Accounts Payable26.33M14.21M9.41M13.88M003.67M28.92M38.28M40.62M
Deferred Revenue-11.54B-6.8B-7.55B-7.02B000000
Other Liabilities0-6.89B-7.6B-7.34B000000
Total Equity+1.23B7.56B8.6B7.93B1.44B938.3M1.14B1.11B1.27B1.36B
Equity Growth %-0.3%5.17%0.14%-0.08%-0.82%-0.35%0.22%-0.03%0.14%0.07%
Shareholders Equity1.23B1.09B1.33B1.13B1.44B938.3M1.14B1.11B1.27B1.36B
Minority Interest06.47B7.27B6.81B000000
Common Stock37K37K42K44K59K65K94K33K49K62K
Additional Paid-in Capital2.56B2.56B2.71B2.75B3.05B3.03B3.4B3.87B4.32B4.59B
Retained Earnings-1.27B-1.44B-1.36B-1.58B-1.97B-2.27B-528.61M-758.54M-826.46M-840.85M
Preferred Stock8K8K8K8K8K5K7K7K7K7K
Return on Assets (ROA)-0%-0%0.02%-0.01%-0.02%-0.02%0%-0.03%-0.01%-0%
Return on Equity (ROE)-0.02%-0.01%0.02%-0.01%-0.05%-0.18%0.01%-0.2%-0.06%-0.01%
Debt / Assets0.89%0.85%0.85%0.83%0.86%0.82%----
Debt / Equity9.44x0.90x0.88x0.89x7.90x4.83x----
Net Debt / EBITDA3169.59x-19.87x187.56x---94.40x--0.48x-0.13x
Book Value per Share143.191029.871084.71941.23124.2174.3971.2047.1529.5326.10

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+238.25M-203.43M110.08M75.22M-40.72M-257.82M11.74M124.08M132.82M261.46M
Operating CF Growth %-0.24%-1.85%1.54%-0.32%-1.54%-5.33%1.05%9.57%0.07%0.97%
Operating CF / Revenue %----------
Net Income-31.2M-45.52M181.15M-105.97M-249.91M-215.11M15.36M-229.93M-67.92M-14.39M
Depreciation & Amortization109.59M85.6M49.75M37.11M053.41M48.11M16.51M00
Stock-Based Compensation953K881K937K2.4M2.69M4.07M4.77M3.7M3.2M3.24M
Other Non-Cash Items121.14M36.19M5.37M232.78M65.15M56.33M123.69M1.11B106.75M310.7M
Working Capital Changes147.37M-194.98M-77.38M-53.98M141.34M-103.12M-132.08M-776.76M90.79M-38.09M
Cash from Investing+2.2B5.67B-896.8M466.26M-4.39B7.09B503.58M-3.89B-3.04B-1.69B
Acquisitions (Net)0-73.17M00000000
Purchase of Investments-5.15B-2.2B-5.81B-765.83M-1.69B-4.62B-987.89M-4.82B-1.47B-7.34B
Sale of Investments1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Investing1.73B212.7M4.77B536.37M-4.54B7.02B711.78M-4.45B-2.84B13.78M
Cash from Financing+-2.64B-5.48B780.18M-591.68M4.47B-6.93B-330.77M3.53B3.05B1.31B
Dividends Paid-182.76M-126.63M-105.29M-114.06M-140.11M-85.27M-108.1M-154.41M-228.18M-162.93M
Common Dividends-167.14M-111.01M-89.41M-97.02M-124.48M-75.49M-96.63M-142.42M-216.19M-150.95M
Debt Issuance (Net)0000000001000K
Share Repurchases-144.94M-14.66M00-71.48M-777K0-7.66M-9.94M-1.34M
Other Financing-2.31B-5.34B737.46M-518.27M4.32B-6.82B-588.03M3.22B2.83B0
Net Change in Cash+-204.64M-18.15M-6.54M-50.2M40.97M-101.5M184.55M-238.13M140.77M-112.67M
Exchange Rate Effect0000000000
Cash at Beginning494.56M289.93M271.77M282.39M232.2M273.17M171.67M356.22M118.09M258.86M
Cash at End289.93M271.77M265.23M232.2M273.17M171.67M356.22M118.09M258.86M146.18M
Free Cash Flow+238.25M7.47B110.08M75.22M-40.72M-257.82M11.74M124.08M132.82M261.46M
FCF Growth %-0.24%30.37%-0.99%-0.32%-1.54%-5.33%1.05%9.57%0.07%0.97%
FCF / Revenue %----------

Key Ratios

Metric2015201620172018201920202021202220232024
FFO per Share0-19.2334.344.27-21.6-21.98-0.14-42.51-1.58-0.27
FFO Payout Ratio--78.66%32.84%269.71%-49.81%-27.23%-4360.56%-14.2%-318.29%-1074.45%
NOI Margin88.94%10.27%100%24.26%100%109.74%-359.91%102.96%92.98%86.19%
Net Debt / EBITDA3169.59x-19.87x187.56x---94.40x--0.48x-0.13x
Debt / Assets88.63%85.46%84.62%83.14%85.55%82.11%----
Interest Coverage-0.47x-0.67x2.92x-0.68x-0.86x-3.42x2.98x-1.00x-0.12x0.97x
Book Value / Share143.191.03K1.08K941.23124.2174.3971.247.1529.5326.1
Revenue Growth274.4%-157.21%292.94%-86.79%-688.77%-0.67%102.3%-18039.4%151.22%-46.65%

Frequently Asked Questions

Growth & Financials

ARMOUR Residential REIT, Inc. (ARR) reported $309.9M in revenue for fiscal year 2024. This represents a 2445% increase from $12.2M in 2011.

ARMOUR Residential REIT, Inc. (ARR) saw revenue decline by 46.6% over the past year.

Yes, ARMOUR Residential REIT, Inc. (ARR) is profitable, generating $64.5M in net income for fiscal year 2024 (-6.0% net margin).

Dividend & Returns

Yes, ARMOUR Residential REIT, Inc. (ARR) pays a dividend with a yield of 15.38%. This makes it attractive for income-focused investors.

ARMOUR Residential REIT, Inc. (ARR) has a return on equity (ROE) of -1.1%. Negative ROE indicates the company is unprofitable.

Industry Metrics

ARMOUR Residential REIT, Inc. (ARR) generated Funds From Operations (FFO) of $156.1M in the trailing twelve months. FFO is the primary profitability metric for REITs.

ARMOUR Residential REIT, Inc. (ARR) offers a 15.38% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

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