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Cherry Hill Mortgage Investment Corporation(CHMI)Earnings, Financials & Key Ratios
CHMI•NYSE•REIT / Real Estate
$2.58
$95M mkt cap·Price updated May 6, 2026
AboutCherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests in, and manages residential mortgage assets in the United States. The company operates through Investments in RMBS (residential mortgage-backed securities), Investments in Servicing Related Assets, and All Other segments. It manages a portfolio of servicing related assets and RMBS. Cherry Hill Mortgage Investment Corporation qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Cherry Hill Mortgage Investment Corporation was incorporated in 2012 and is based in Farmingdale, New Jersey.Show more
- Revenue$105M+204.8%
- FFO$7M-40.4%
- FFO/Share-0.11-127.4%
- FFO Payout401.43%+70.6%
- FFO per Share-0.11-127.4%
- NOI Margin91.2%-8.8%
- FFO Margin6.77%-80.4%
- ROE2.89%-40.6%
- ROA0.45%-45.7%
- Debt/Assets83.52%+723.6%
- Net Debt/EBITDA20.91
CHMI Key Insights
Cherry Hill Mortgage Investment Corporation (CHMI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓High NOI margin of 91.2%
- ✓Share count reduced 100.0% through buybacks
✗Weaknesses
- ✗High debt to equity ratio of 5.4x
- ✗Dividend exceeds FFO - may not be sustainable
- ✗Dividend payout exceeds 100% of earnings
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
CHMI Price & Volume
Cherry Hill Mortgage Investment Corporation (CHMI) stock price & volume — 10-year historical chart
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CHMI Growth Metrics
Cherry Hill Mortgage Investment Corporation (CHMI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years18.76%
5 Years-
3 Years37.89%
TTM16.67%
Profit CAGR
10 Years-6.39%
5 Years-
3 Years-32.02%
TTM-42.96%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-314.71%
Return on Capital
10 Years0.03%
5 Years4.3%
3 Years4.3%
Last Year4.3%
CHMI Peer Comparison
Cherry Hill Mortgage Investment Corporation (CHMI) competitors in Mortgage servicing rights focused REITs — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 AGNC | 9.68B | 10.79 | 11.60 | 384.69% | 24.23% | 7.32% | 0.01 | |
 NLY | 16.19B | 22.54 | 7.72 | 5.35% | 30.28% | 14.05% | 6.92 | |
 TWO | 1.29B | 12.25 | -2.81 | -28.4% | -44.82% | -19.11% | 4.79 | |
 EARN | 182.16M | 4.85 | 20.21 | -8.45% | -2.76% | 2.91 | ||
 MITT | 250.39M | 7.89 | 8.77 | 14.4% | 6.82% | 6.11% | 14.45 | |
 MFA | 997.46M | 9.77 | 5.82 | 213.02% | 20.7% | 7.43% | 6.01 | |
 IVR | 576.12M | 8.02 | 5.24 | -24.6% | 30.19% | 13.34% | 7.05 | |
 DX | 2.66B | 13.35 | 5.40 | 179.55% | 75.8% | 12.96% | 5.65 |
Compare CHMI vs Peers
Cherry Hill Mortgage Investment Corporation (CHMI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CHMI Income Statement
Cherry Hill Mortgage Investment Corporation (CHMI) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 56.78M | 49.05M | -47.27M | -56.47M | 28.14M | 40.19M | -21.2M | 34.58M | 105.39M |
| Revenue Growth % | 77.82% | -13.62% | -196.39% | -19.45% | 149.83% | 42.84% | -152.75% | 263.07% | 204.8% |
| Property Operating Expenses | 5.78M | 45.12M | 0 | 0 | 0 | 0 | 0 | 0 | 9.28M |
| Net Operating Income (NOI) | 51M▲ 0% | 3.92M▼ 92.3% | -47.27M▼ 1304.8% | -56.47M▼ 19.5% | 28.14M▲ 149.8% | 40.19M▲ 42.8% | -21.2M▼ 152.8% | 34.58M▲ 263.1% | 96.11M▲ 178.0% |
| NOI Margin % | 89.81% | 8% | 100% | 100% | 100% | 100% | 100% | 100% | 91.2% |
| Operating Expenses | 3.82M | 3.94M | -47.27M | -56.47M | 28.14M | 40.19M | -21.2M | 34.58M | 37.2M |
| G&A Expenses | 8.16M | 9.89M | 13.32M | 15.51M | 14.83M | 12.93M | 13.73M | 18.26M | 0 |
| EBITDA | -5.61M | 16.63M | 0 | 0 | 0 | 0 | 0 | 0 | 58.92M |
| EBITDA Margin % | -9.88% | 33.9% | 0% | 0% | 0% | 0% | 0% | 0% | 55.91% |
| Depreciation & Amortization | -1.79M | 20.57M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A / Revenue % | -3.16% | 41.94% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Operating Income | -3.82M▲ 0% | -3.94M▼ 3.2% | 0▲ 100.0% | 0▲ 0% | 0▲ 0% | 0▲ 0% | 0▲ 0% | 0▲ 0% | 58.91M▲ 0% |
| Operating Margin % | -6.72% | -8.03% | 0% | 0% | 0% | 0% | 0% | 0% | 55.9% |
| Interest Expense | 19.88M | 34.51M | 0 | 22.13M | 5.77M | 17.56M | 51.64M | 55.77M | 49.78M |
| Interest Coverage | 3.45x | 1.55x | - | - | - | - | - | - | 1.18x |
| Non-Operating Income | -16.36M | -53.97M | 0 | 0 | 0 | 0 | 0 | 0 | -2K |
| Pretax Income | 48.62M▲ 0% | 39.16M▼ 19.4% | -60.6M▼ 254.7% | -71.98M▼ 18.8% | 13.31M▲ 118.5% | 27.26M▲ 104.8% | -34.93M▼ 228.1% | 16.31M▲ 146.7% | 9.14M▼ 44.0% |
| Pretax Margin % | 85.62% | 79.84% | 128.19% | 127.47% | 47.31% | 67.82% | 164.76% | 47.18% | 8.67% |
| Income Tax | 601K | 1.39M | -9.93M | -18.76M | 781K | 5.07M | 523K | 4.1M | 2.2M |
| Effective Tax Rate % | 1.24% | 3.54% | 16.38% | 26.07% | 5.87% | 18.6% | -1.5% | 25.15% | 24.04% |
| Net Income | 47.36M▲ 0% | 37.28M▼ 21.3% | -49.86M▼ 233.7% | -52.24M▼ 4.8% | 12.28M▲ 123.5% | 21.74M▲ 77.0% | -34.79M▼ 260.1% | 11.97M▲ 134.4% | 6.83M▼ 43.0% |
| Net Margin % | 83.41% | 76.02% | 105.46% | 92.51% | 43.65% | 54.09% | 164.11% | 34.62% | 6.48% |
| Net Income Growth % | 90.72% | -21.27% | -233.72% | -4.78% | 123.51% | 76.98% | -260.05% | 134.4% | -42.96% |
| Funds From Operations (FFO) | 45.57M▲ 0% | 57.85M▲ 27.0% | -34.72M▼ 160.0% | -36M▼ 3.7% | 28.52M▲ 179.2% | 21.74M▼ 23.8% | -36.43M▼ 267.6% | 11.97M▲ 132.9% | 7.14M▼ 40.4% |
| FFO Margin % | 80.25% | 117.96% | 73.44% | 63.74% | 101.38% | 54.09% | 171.82% | 34.62% | 6.77% |
| FFO Growth % | 85.38% | 26.97% | -160.01% | -3.68% | 179.24% | - | - | - | - |
| FFO per Share | 3.98 | 3.95 | -2.07 | -2.13 | 1.64 | 1.10 | -1.39 | 0.39 | -0.11 |
| FFO Payout Ratio % | 0.72% | 0.63% | -1.48% | -89.82% | 99.75% | 141.76% | -85.68% | 235.32% | 401.43% |
| EPS (Diluted) | 3.98▲ 0% | 2.54▼ 36.2% | -2.59▼ 202.0% | -3.67▼ 41.7% | 0.14▲ 103.8% | 0.60▲ 328.6% | -1.70▼ 383.3% | 0.07▲ 104.0% | -0.10▼ 246.4% |
| EPS Growth % | 20.61% | -36.18% | -201.97% | -41.7% | 103.81% | 328.57% | -383.33% | 104.02% | -246.41% |
| EPS (Basic) | 3.98 | 2.55 | -2.59 | -3.67 | 0.14 | 0.60 | -1.70 | 0.07 | -0.10 |
| Diluted Shares Outstanding | 11.45M | 14.66M | 16.78M | 16.9M | 17.35M | 19.8M | 26.29M | 30.9M | -67.27M |
CHMI Balance Sheet
Cherry Hill Mortgage Investment Corporation (CHMI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 2.05B | 2.15B | 2.94B | 1.59B | 1.3B | 1.41B | 1.39B | 1.49B | 1.54B |
| Asset Growth % | 158.64% | 5% | 36.75% | -45.88% | -18.24% | 8.13% | -1.12% | 7.05% | 3.31% |
| Real Estate & Other Assets | 1.73B | 1.7B | 2.42B | -174.41M | -60.61M | -116.26M | 0 | 0 | 6.43M |
| PP&E (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 1000K |
| Total Current Assets | 86.97M | 88.26M | 142.34M | 0 | 0 | 0 | 0 | 0 | 81.97M |
| Cash & Equivalents | 56.49M | 40.02M | 91.71M | 83.89M | 63.92M | 57.32M | 52.89M | 46.31M | 54.95M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 15.99M | 27.07M | 19.37M | -1.34B | -147.25M | -244.6M | -76.27M | -69.68M | 20.94M |
| Intangible Assets | 122.81M | 294.91M | 291.11M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.73B | 1.79B | 2.55B | 1.28B | 1.02B | 1.14B | 1.13B | 1.26B | 1.3B |
| Total Debt | 1.71B | 1.76B | 2.52B | 111.38M | 145.27M | 183.89M | 169.31M | 151.23M | 1.29B |
| Net Debt | 1.65B | 1.72B | 2.43B | 27.49M | 81.35M | 126.57M | 116.43M | 104.91M | 1.23B |
| Long-Term Debt | 39.02M | 157.54M | 166.99M | 111.38M | 145.27M | 183.89M | 169.31M | 151.23M | 89.69M |
| Short-Term Borrowings | 1.67B | 1.6B | 2.35B | 0 | 0 | 0 | 0 | 0 | 1.2B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 1.69B | 1.63B | 2.38B | 0 | 0 | 0 | 0 | 0 | 145.19M |
| Accounts Payable | 0 | 0 | 0 | 1.01M | 996K | 4.51M | 6M | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 880K | 2.08M | 0 | -111.38M | -145.27M | -183.89M | -169.31M | -151.23M | 15.31M |
| Total Equity | 322.46M▲ 0% | 363.93M▲ 12.9% | 399.38M▲ 9.7% | 312.57M▼ 21.7% | 278.82M▼ 10.8% | 265.52M▼ 4.8% | 258.38M▼ 2.7% | 233.62M▼ 9.6% | 238.53M▲ 2.1% |
| Equity Growth % | 106.69% | 12.86% | 9.74% | -21.74% | -10.8% | -4.77% | -2.69% | -9.58% | 2.1% |
| Shareholders Equity | 319.98M | 360.67M | 396.59M | 310.17M | 275.87M | 262.04M | 255.48M | 230.34M | 236.04M |
| Minority Interest | 2.48M | 3.26M | 2.78M | 2.4M | 2.95M | 3.48M | 2.9M | 3.28M | 2.49M |
| Common Stock | 127K | 167K | 170K | 175K | 187K | 239K | 305K | 322K | 373K |
| Additional Paid-in Capital | 229.64M | 298.61M | 299.18M | 301M | 311.25M | 344.51M | 375.5M | 381.07M | 396.52M |
| Retained Earnings | 35.24M | 34.65M | -59.45M | -141.98M | -158.48M | -168.99M | -233.16M | -249.64M | -270.38M |
| Preferred Stock | 57.92M | 65.64M | 115.28M | 115.38M | 115.38M | 115.38M | 115.38M | 105.86M | 105.86M |
| Return on Assets (ROA) | 3.33% | 1.77% | -1.96% | -2.3% | 0.85% | 1.6% | -2.48% | 0.83% | 0.45% |
| Return on Equity (ROE) | 19.8% | 10.86% | -13.06% | -14.68% | 4.15% | 7.99% | -13.28% | 4.87% | 2.89% |
| Debt / Assets | 83.19% | 81.73% | 85.48% | 6.99% | 11.15% | 13.05% | 12.15% | 10.14% | 83.52% |
| Debt / Equity | 5.29x | 4.84x | 6.30x | 0.36x | 0.52x | 0.69x | 0.66x | 0.65x | 5.39x |
| Net Debt / EBITDA | - | 103.43x | - | - | - | - | - | - | 20.91x |
| Book Value per Share | 28.16 | 24.83 | 23.81 | 18.49 | 16.07 | 13.41 | 9.83 | 7.56 | - |
CHMI Cash Flow Statement
Cherry Hill Mortgage Investment Corporation (CHMI) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 40.24M | 63.64M | 69.68M | 62.38M | 48.01M | 59.91M | 40.66M | -4.69M | -4.69M |
| Operating CF Growth % | 16.78% | 58.15% | 9.5% | -10.47% | -23.05% | 24.8% | -32.14% | -111.54% | 0% |
| Operating CF / Revenue % | 70.87% | 129.75% | -147.4% | -110.47% | 170.61% | 149.06% | -191.77% | -13.57% | -4.45% |
| Net Income | 48.01M | 37.77M | -43.5M | -53.22M | 12.53M | 22.19M | -34.79M | 12.21M | 6.83M |
| Depreciation & Amortization | 8.68M | 12.24M | 15.14M | 16.24M | 16.24M | 0 | -1.64M | 0 | 311K |
| Stock-Based Compensation | 607K | 662K | 1.02M | 1.01M | 900K | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -15.75M | 13.89M | 128.43M | 129.37M | 19.94M | 14.71M | 61.53M | -660K | -4.72M |
| Working Capital Changes | -697K | -268K | -30.39M | -30.01M | -708K | 23.02M | 15.56M | -16.24M | -7.11M |
| Cash from Investing | -1.22B | -165.88M | -757.12M | 1.26B | 166.52M | -128.2M | -104.05M | -141.33M | -141.33M |
| Acquisitions (Net) | 81.61M | 175.67M | 102.98M | 52.96M | 55.38M | 0 | 0 | 0 | 0 |
| Purchase of Investments | -1.35B | -416.11M | -1.09B | -984.44M | -595.44M | -1.11B | -761.95M | -431.02M | 0 |
| Sale of Investments | 173.56M | 425.89M | 435.53M | 2.28B | 817.34M | 1.02B | 654.16M | 276.38M | 0 |
| Other Investing | -45.71M | -175.67M | -102.98M | -37.13M | -55.38M | 0 | 3.73M | 13.31M | -141.33M |
| Cash from Financing | 1.2B | 85.77M | 739.12M | -1.28B | -267.97M | 57.07M | 67.17M | 147.46M | 147.46M |
| Dividends Paid | -24.21M | -37.87M | -39.23M | -32.33M | -28.45M | -30.82M | -31.21M | -28.17M | -28.66M |
| Common Dividends | -326K | -367K | -513K | -32.33M | -28.45M | -30.82M | -31.21M | -28.17M | -28.66M |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 1000K |
| Share Repurchases | 0 | 0 | -3.54M | -1.75M | -236K | 0 | 0 | 0 | 0 |
| Other Financing | 1.06B | -3.46M | 719.34M | -1.2B | -283.49M | 16.08M | 82.08M | 197.88M | 107.78M |
| Net Change in Cash | 11.5M▲ 0% | -16.48M▼ 243.2% | 51.69M▲ 413.7% | 38.51M▼ 25.5% | -53.44M▼ 238.8% | -11.22M▲ 79.0% | 3.77M▲ 133.6% | 1.43M▼ 62.0% | 1.43M▲ 0.0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 15.82M | 56.49M | 40.02M | 91.71M | 130.22M | 76.78M | 65.55M | 69.33M | 69.33M |
| Cash at End | 27.33M | 40.02M | 91.71M | 130.22M | 76.78M | 65.55M | 69.33M | 70.76M | 70.76M |
| Free Cash Flow | -41.37M▲ 0% | -112.04M▼ 170.8% | -33.29M▲ 70.3% | 8.24M▲ 124.7% | -7.37M▼ 189.4% | 21.88M▲ 396.9% | 40.66M▲ 85.9% | -4.69M▼ 111.5% | -4.69M▲ 0.0% |
| FCF Growth % | -317.03% | -170.81% | 70.28% | 124.74% | -189.44% | 396.92% | 85.85% | -111.54% | 0% |
| FCF / Revenue % | -72.86% | -228.42% | 70.42% | -14.59% | -26.19% | 54.43% | -191.77% | -13.57% | -4.45% |
CHMI Key Ratios
Cherry Hill Mortgage Investment Corporation (CHMI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | 3.27 | 3.98 | 3.95 | -2.07 | -2.13 | 1.64 | 1.1 | -1.39 | 0.39 | -0.11 |
| FFO Payout Ratio | 1% | 0.72% | 0.63% | -1.48% | -89.82% | 99.75% | 141.76% | -85.68% | 235.32% | 401.43% |
| NOI Margin | 91.98% | 89.81% | 8% | 100% | 100% | 100% | 100% | 100% | 100% | 91.2% |
| Net Debt / EBITDA | - | - | 103.43x | - | - | - | - | - | - | 20.91x |
| Debt / Assets | 77.97% | 83.19% | 81.73% | 85.48% | 6.99% | 11.15% | 13.05% | 12.15% | 10.14% | 83.52% |
| Interest Coverage | 4.29x | 3.45x | 1.55x | - | - | - | - | - | - | 1.18x |
| Book Value / Share | 20.74 | 28.16 | 24.83 | 23.81 | 18.49 | 16.07 | 13.41 | 9.83 | 7.56 | - |
| Revenue Growth | 69.16% | 77.82% | -13.62% | -196.39% | -19.45% | 149.83% | 42.84% | -152.75% | 263.07% | 204.8% |
CHMI SEC Filings & Documents
Cherry Hill Mortgage Investment Corporation (CHMI) SEC filings — annual & quarterly reports (10-K, 10-Q)
CHMI Frequently Asked Questions
Cherry Hill Mortgage Investment Corporation (CHMI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Cherry Hill Mortgage Investment Corporation (CHMI) reported $40.3M in revenue for fiscal year 2025.
Cherry Hill Mortgage Investment Corporation (CHMI) grew revenue by 204.8% over the past year. This is strong growth.
Yes, Cherry Hill Mortgage Investment Corporation (CHMI) is profitable, generating $6.8M in net income for fiscal year 2025 (6.5% net margin).
Dividend & Returns
Cherry Hill Mortgage Investment Corporation (CHMI) has a return on equity (ROE) of 2.9%. This is below average, suggesting room for improvement.
Industry Metrics
Cherry Hill Mortgage Investment Corporation (CHMI) generated Funds From Operations (FFO) of $30.9M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Explore More CHMI
Cherry Hill Mortgage Investment Corporation (CHMI) financial analysis — history, returns, DCA and operating performance tools
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Revenue History
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