Orchid Island Capital, Inc. (ORC) Financial Ratios
16 years of historical data (2010–2025) · Real Estate · REIT - Mortgage
EV/EBITDA
22.64
+1% vs avg
5yr avg: 22.47
30Y Low1.5·High94.8
P/FCF
↑
8.34
↓-40% vs avg
5yr avg: 13.86
30Y Low1.4·High47.0
P/B Ratio
↓
0.62
↓-19% vs avg
5yr avg: 0.77
30Y Low0.6·High1.0
ROE
↑
15.6%
↓+294% vs avg
5yr avg: -8.0%
30Y Low-43%·High19%
Debt/EBITDA
22.04
+0% vs avg
5yr avg: 22.04
30Y Low0.1·High22.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ORC Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Orchid Island Capital, Inc. trades at 5.3x earnings, 44% below its 5-year average of 9.6x, sitting at the 13th percentile of its historical range. Compared to the Real Estate sector median P/E of 24.1x, the stock trades at a discount of 78%. On a free-cash-flow basis, the stock trades at 8.3x P/FCF, 40% below the 5-year average of 13.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.0B | $924M | $509M | $376M | $393M | $545M | $351M | $330M | $334M | $381M | $261M |
| Enterprise Value | $10.5B | $10.4B | $200M | $204M | $188M | $160M | $3.6B | $139M | $225M | $167M | $188M |
| P/E Ratio → | 5.34 | 5.81 | 13.41 | — | — | — | 163.13 | 13.60 | — | 185.60 | 135.38 |
| P/S Ratio | 5.59 | 5.15 | 9.36 | — | — | — | 27.69 | 9.51 | 2.68 | 2.76 | 2.89 |
| P/B Ratio | 0.62 | 0.67 | 0.76 | 0.80 | 0.90 | 0.71 | 0.84 | 0.83 | 0.99 | 0.82 | 0.78 |
| P/FCF | 8.34 | 7.67 | 7.60 | 47.03 | 1.36 | 5.65 | 6.34 | 6.84 | 3.55 | 4.48 | 5.55 |
| P/OCF | 8.34 | 7.67 | 7.60 | 47.03 | 1.36 | 5.65 | 6.34 | 6.84 | 3.55 | 4.48 | 5.55 |
P/E links to full P/E history page with 30-year chart
ORC EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Orchid Island Capital, Inc.'s enterprise value stands at 22.6x EBITDA, roughly in line with its 5-year average of 22.5x. The Real Estate sector median is 17.0x, placing the stock at a 33% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 58.18 | 3.67 | — | — | — | 287.79 | 4.00 | 1.81 | 1.21 | 2.08 |
| EV / EBITDA | 22.64 | 22.47 | — | — | — | — | 1713.78 | 5.72 | 8.67 | 83.06 | 94.76 |
| EV / EBIT | 66.18 | 22.47 | — | — | — | — | — | — | 8.67 | 83.06 | 94.76 |
| EV / FCF | — | 86.70 | 2.98 | 25.55 | 0.65 | 1.66 | 65.86 | 2.88 | 2.40 | 1.96 | 3.99 |
ORC Profitability
Margins and return-on-capital ratios measuring operating efficiency
Orchid Island Capital, Inc. earns an operating margin of 88.6%, significantly above the Real Estate sector average of 24.8%. ROE of 15.6% indicates solid capital efficiency. ROIC of 2.1% represents below-average returns on invested capital.
Margins
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 | 97.8% | 97.8% | 100.0% | 100.0% | 101.2% | 100.0% | 79.7% | 93.1% | 93.7% | 94.9% | 94.6% |
| Operating Margin | 88.6% | 88.6% | — | — | 107.2% | — | 16.8% | 70.0% | 20.9% | 1.5% | 2.2% |
| Net Profit Margin | 88.6% | 88.6% | 69.2% | 189.5% | 107.2% | 129.8% | 16.8% | 70.0% | -35.7% | 1.5% | 2.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 15.6% | 15.6% | 6.6% | -8.6% | -42.8% | -10.9% | 0.5% | 6.6% | -11.1% | 0.5% | 0.7% |
| ROA | 1.8% | 1.8% | 0.8% | -1.0% | -4.7% | -1.2% | 0.1% | 0.7% | -1.2% | 0.1% | 0.1% |
| ROIC | 2.1% | 2.1% | — | — | -62.9% | — | 0.1% | 8.4% | 8.1% | 0.6% | 0.5% |
| ROCE | 11.1% | 11.1% | — | — | -4.7% | — | 0.1% | 1.3% | 0.7% | 0.1% | 0.7% |
ORC Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Orchid Island Capital, Inc. carries a Debt/EBITDA ratio of 22.0x, which is highly leveraged (178% above the sector average of 7.9x). Net debt stands at $9.5B ($10.2B total debt minus $725M cash). Interest coverage of just 1.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 7.47 | 7.47 | — | — | — | — | 8.66 | 0.01 | 0.01 | 0.00 | 0.00 |
| Debt / EBITDA | 22.04 | 22.04 | — | — | — | — | 1689.66 | 0.12 | 0.12 | 0.11 | 0.11 |
| Net Debt / Equity | — | 6.94 | -0.46 | -0.37 | -0.47 | -0.50 | 7.94 | -0.48 | -0.32 | -0.46 | -0.22 |
| Net Debt / EBITDA | 20.48 | 20.48 | — | — | — | — | 1548.91 | -7.86 | -4.17 | -106.81 | -37.13 |
| Debt / FCF | — | 79.03 | -4.62 | -21.48 | -0.71 | -3.99 | 59.52 | -3.96 | -1.15 | -2.52 | -1.56 |
| Interest Coverage | 1.52 | 1.52 | — | — | -4.19 | — | 0.08 | 0.29 | 0.37 | 0.05 | 0.13 |
ORC Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.09x is below 1.0, meaning current liabilities exceed current assets.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.09 | 0.09 | — | — | — | — | — | 0.08 | 18.93 | 13.27 | 0.04 |
| Quick Ratio | 0.09 | 0.09 | — | — | — | — | — | 0.08 | 18.93 | 13.27 | 0.04 |
| Cash Ratio | 0.07 | 0.07 | — | — | — | — | — | 0.06 | 5.97 | 10.50 | 0.03 |
| Asset Turnover | — | 0.02 | 0.01 | -0.00 | -0.06 | -0.01 | 0.00 | 0.01 | 0.04 | 0.03 | 0.03 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
ORC Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Orchid Island Capital, Inc. returns 21.8% to shareholders annually — split between a 21.1% dividend yield and 0.7% buyback yield. The payout ratio exceeds 100% at 112.5%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 18.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
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 | 21.1% | 19.4% | 18.2% | 21.5% | 23.8% | 16.7% | 15.3% | 16.2% | 17.8% | 17.8% | 14.1% |
| Payout Ratio | 112.5% | 112.5% | 245.6% | — | — | — | 2520.9% | 219.7% | — | 3383.4% | 1858.1% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 18.7% | 17.2% | 7.5% | — | — | — | 0.6% | 7.4% | — | 0.5% | 0.7% |
| FCF Yield | 12.0% | 13.0% | 13.2% | 2.1% | 73.6% | 17.7% | 15.8% | 14.6% | 28.2% | 22.3% | 18.0% |
| Buyback Yield | 0.7% | 0.8% | 0.7% | 2.6% | 6.3% | 0.1% | 0.0% | 0.9% | 7.9% | 0.0% | 0.0% |
| Total Shareholder Yield | 21.8% | 20.2% | 18.8% | 24.0% | 30.1% | 16.7% | 15.3% | 17.1% | 25.7% | 17.8% | 14.1% |
| Shares Outstanding | — | $128M | $65M | $45M | $37M | $24M | $13M | $11M | $10M | $8M | $5M |
Peer Comparison
Compare ORC with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 ORCYou | $1B | 5.3 | 22.6 | 8.3 | 97.8% | 88.6% | 15.6% | 2.1% | 22.0 |
 AGNC | $12B | 7.1 | 2.1 | 17.9 | 100.0% | 236.3% | 15.1% | 33.8% | 0.0 |
 NLY | $16B | 7.6 | 18.3 | — | 99.9% | 102.6% | 14.1% | 6.4% | 16.3 |
 EARN | $164M | 18.2 | 97.9 | 18.0 | 31.3% | 14.0% | 4.0% | 0.7% | 79.3 |
 ARR | $2B | 5.0 | 20.7 | 16.5 | 97.0% | 73.9% | 17.8% | 6.8% | 18.6 |
 DX | $2B | 5.2 | 20.2 | 16.1 | 100.0% | 138.4% | 17.5% | 4.8% | 18.8 |
 TWO | $1B | -2.8 | 197.7 | 14.4 | 97.9% | 68.7% | -23.2% | 3.1% | 188.0 |
 MFA | $956M | 5.6 | 17.0 | 12.5 | 96.2% | 78.8% | 9.6% | 4.4% | 15.9 |
 MITT | $248M | 8.7 | 18.2 | 4.2 | 94.7% | 96.9% | 8.8% | 4.5% | 17.9 |
 EFC | $1B | 11.2 | 39.4 | 2.6 | 84.3% | 61.6% | 8.5% | 3.1% | 37.0 |
 IVR | $568M | 5.2 | 19.1 | 3.6 | 96.7% | 94.5% | 13.3% | 4.0% | 17.5 |
| Real Estate Median | — | 24.1 | 17.0 | 15.4 | 49.3% | 24.8% | 3.7% | 2.7% | 7.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 16 years · Updated daily
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ORC — Frequently Asked Questions
Quick answers to the most common questions about buying ORC stock.
What is Orchid Island Capital, Inc.'s P/E ratio?
Orchid Island Capital, Inc.'s current P/E ratio is 5.3x. The historical average is 90.1x. This places it at the 13th percentile of its historical range.
What is Orchid Island Capital, Inc.'s EV/EBITDA?
Orchid Island Capital, Inc.'s current EV/EBITDA is 22.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 36.0x.
What is Orchid Island Capital, Inc.'s ROE?
Orchid Island Capital, Inc.'s return on equity (ROE) is 15.6%. The historical average is -2.3%.
Is ORC stock overvalued?
Based on historical data, Orchid Island Capital, Inc. is trading at a P/E of 5.3x. This is at the 13th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Orchid Island Capital, Inc.'s dividend yield?
Orchid Island Capital, Inc.'s current dividend yield is 21.06% with a payout ratio of 112.5%.
What are Orchid Island Capital, Inc.'s profit margins?
Orchid Island Capital, Inc. has 97.8% gross margin and 88.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Orchid Island Capital, Inc. have?
Orchid Island Capital, Inc.'s Debt/EBITDA ratio is 22.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.