Ellington Financial Inc. (EFC) - Net Assets
Based on the latest financial reports, Ellington Financial Inc. (EFC) has net assets worth $1.87 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($19.35 Billion) and total liabilities ($17.48 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check EFC asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.87 Billion |
| % of Total Assets | 9.67% |
| Annual Growth Rate | 12.81% |
| 5-Year Change | 41.37% |
| 10-Year Change | 190.2% |
| Growth Volatility | 19.14 |
Ellington Financial Inc. - Net Assets Trend (2008–2025)
This chart illustrates how Ellington Financial Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Ellington Financial Inc. assets under control for the complete picture of this company's asset base.
Annual Net Assets for Ellington Financial Inc. (2008–2025)
The table below shows the annual net assets of Ellington Financial Inc. from 2008 to 2025. For live valuation and market cap data, see EFC stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.87 Billion | +17.62% |
| 2024-12-31 | $1.59 Billion | +3.60% |
| 2023-12-31 | $1.54 Billion | +25.78% |
| 2022-12-31 | $1.22 Billion | -7.76% |
| 2021-12-31 | $1.32 Billion | +43.62% |
| 2020-12-31 | $921.57 Million | +6.09% |
| 2019-12-31 | $868.70 Million | +45.96% |
| 2018-12-31 | $595.17 Million | -4.15% |
| 2017-12-31 | $620.96 Million | -3.69% |
| 2016-12-31 | $644.78 Million | -12.74% |
| 2015-12-31 | $738.95 Million | -6.29% |
| 2014-12-31 | $788.54 Million | +25.96% |
| 2013-12-31 | $626.05 Million | +23.64% |
| 2012-12-31 | $506.36 Million | +36.51% |
| 2011-12-31 | $370.92 Million | -8.11% |
| 2010-12-31 | $403.67 Million | +34.65% |
| 2009-12-31 | $299.79 Million | +24.36% |
| 2008-12-31 | $241.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ellington Financial Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 41296400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $113.00K | 0.01% |
| Other Components | $2.25 Billion | 122.51% |
| Total Equity | $1.83 Billion | 100.00% |
Ellington Financial Inc. Competitors by Market Cap
The table below lists competitors of Ellington Financial Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Astrana Health Inc
NASDAQ:ASTH
|
$1.57 Billion |
|
CONSUN PHARMAC.GR.HD -10
F:C1P
|
$1.57 Billion |
|
Realia
MC:RLIA
|
$1.57 Billion |
|
Yinson Holdings Bhd
KLSE:7293
|
$1.57 Billion |
|
China National Electric Apparatus R
SHG:688128
|
$1.57 Billion |
|
ELECTROLUX B ADR/2 SK 5
F:ELXA
|
$1.57 Billion |
|
Herbalife Nutrition Ltd
NYSE:HLF
|
$1.57 Billion |
|
Mitra Keluarga Karyasehat Tbk PT
JK:MIKA
|
$1.57 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ellington Financial Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,570,476,000 to 1,834,259,000, a change of 263,783,000 (16.8%).
- Net income of 146,869,000 contributed positively to equity growth.
- Dividend payments of 183,625,000 reduced retained earnings.
- New share issuances of 302,193,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $146.87 Million | +8.01% |
| Dividends Paid | $183.62 Million | -10.01% |
| Share Issuances | $302.19 Million | +16.47% |
| Other Changes | $-1.65 Million | -0.09% |
| Total Change | $- | 16.80% |
Book Value vs Market Value Analysis
This analysis compares Ellington Financial Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.72x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $20.12 | $13.24 | x |
| 2009-12-31 | $24.91 | $13.24 | x |
| 2010-12-31 | $31.15 | $13.24 | x |
| 2011-12-31 | $22.48 | $13.24 | x |
| 2012-12-31 | $27.68 | $13.24 | x |
| 2013-12-31 | $26.10 | $13.24 | x |
| 2014-12-31 | $27.56 | $13.24 | x |
| 2015-12-31 | $21.62 | $13.24 | x |
| 2016-12-31 | $19.20 | $13.24 | x |
| 2017-12-31 | $18.43 | $13.24 | x |
| 2018-12-31 | $18.36 | $13.24 | x |
| 2019-12-31 | $25.86 | $13.24 | x |
| 2020-12-31 | $20.89 | $13.24 | x |
| 2021-12-31 | $26.89 | $13.24 | x |
| 2022-12-31 | $19.73 | $13.24 | x |
| 2023-12-31 | $21.97 | $13.24 | x |
| 2024-12-31 | $18.08 | $13.24 | x |
| 2025-12-31 | $18.45 | $13.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ellington Financial Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.01%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.77%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 10.55x
- Recent ROE (8.01%) is above the historical average (6.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -1.00% | -28.58% | 0.01x | 2.90x | $-26.53 Million |
| 2009 | 31.15% | 75.14% | 0.08x | 5.11x | $63.40 Million |
| 2010 | 10.05% | 70.45% | 0.02x | 5.78x | $203.37K |
| 2011 | 2.78% | 45.85% | 0.01x | 5.31x | $-26.76 Million |
| 2012 | 19.19% | 94.28% | 0.05x | 4.25x | $46.51 Million |
| 2013 | 12.54% | 90.32% | 0.03x | 4.75x | $15.92 Million |
| 2014 | 7.56% | 81.08% | 0.02x | 5.04x | $-19.05 Million |
| 2015 | 5.20% | 71.54% | 0.02x | 4.09x | $-35.12 Million |
| 2016 | -2.51% | -682.02% | 0.00x | 3.78x | $-79.77 Million |
| 2017 | 1.03% | 57.67% | 0.00x | 4.99x | $-53.81 Million |
| 2018 | 8.28% | 60.75% | 0.02x | 7.04x | $-9.71 Million |
| 2019 | 6.99% | 68.03% | 0.02x | 5.23x | $-24.99 Million |
| 2020 | -1.04% | -30.58% | 0.01x | 3.70x | $-101.71 Million |
| 2021 | 6.23% | 67.61% | 0.02x | 3.91x | $-49.90 Million |
| 2022 | -5.86% | -162.35% | 0.00x | 11.78x | $-189.64 Million |
| 2023 | 5.54% | 32.78% | 0.02x | 10.10x | $-67.62 Million |
| 2024 | 9.29% | 51.69% | 0.02x | 10.39x | $-11.19 Million |
| 2025 | 8.01% | 21.77% | 0.03x | 10.55x | $-36.56 Million |
Industry Comparison
This section compares Ellington Financial Inc.'s net assets metrics with peer companies in the REIT - Mortgage industry.
Industry Context
- Industry: REIT - Mortgage
- Average net assets among peers: $1,017,694,943
- Average return on equity (ROE) among peers: 3.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ellington Financial Inc. (EFC) | $1.87 Billion | -1.00% | 9.34x | $1.57 Billion |
| Arbor Realty Trust (ABR) | $154.75 Million | 2.20% | 1.19x | $1.55 Billion |
| Acres Commercial Realty Corp (ACR) | $553.82 Million | 4.95% | 2.85x | $138.06 Million |
| Ares Commercial Real Estate (ACRE) | $625.85 Million | -6.21% | 2.64x | $286.25 Million |
| AFC Gamma Inc (AFCG) | $201.38 Million | 8.33% | 1.00x | $61.88 Million |
| AGNC Investment Corp (AGNC) | $546.82 Million | 21.69% | 7.46x | $12.12 Billion |
| Angel Oak Mortgage Inc (AOMR) | $491.39 Million | 4.30% | 4.25x | $210.28 Million |
| Apollo Commercial Real Estate Finance Inc (ARI) | $2.21 Billion | 2.63% | 3.21x | $1.43 Billion |
| ARMOUR Residential REIT Inc (ARR) | $108.71 Million | 6.01% | 10.12x | $2.04 Billion |
| Brightspire Capital Inc (BRSP) | $1.49 Billion | -6.78% | 2.78x | $755.61 Million |
| Blackstone Mortgage Trust Inc (BXMT) | $3.79 Billion | -5.38% | 4.22x | $3.21 Billion |
About Ellington Financial Inc.
Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. It operates in two segments, Investment Portfolio and Longbridge. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, no… Read more