Adamas Trust (ADAMH) EBITDA (2010 - 2026)

Adamas Trust (ADAMH) reported EBITDA of $86.7 million for Q1 2026, up 129.96% on a YoY basis from $37.7 million in Q1 2025, and up 53.98% quarter-over-quarter from $56.3 million in Q4 2025.

Adamas Trust (ADAMH) EBITDA (2010 - 2026) Analysis & Trends

Adamas Trust has reported EBITDA for 17 years, with the latest figure at $86.7 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA rose 129.96% year-over-year to $86.7 million; the trailing twelve-month figure through Mar 2026 stood at $186.8 million (up 648.33% YoY), and the FY2025 full-year result was $137.8 million, up 248.31% from the prior year.
  • EBITDA for Q1 2026 stood at $86.7 million, up from $56.3 million in the prior quarter.
  • The five-year high for EBITDA was $86.7 million in Q1 2026, with the low at -$118.2 million in Q3 2022.
  • Historically, EBITDA has averaged -$16.8 million across 5 years, with a median of -$23.7 million in 2024.
  • Annual changes were most pronounced in 2024 — EBITDA slumped 665.45% — and 2025, when it soared 277.12%.
  • Adamas Trust's EBITDA stood at -$42.4 million in 2022, then jumped by 177.49% to $32.9 million in 2023, then slumped by 196.76% to -$31.8 million in 2024, then soared by 277.12% to $56.3 million in 2025, then surged by 53.98% to $86.7 million in 2026.
  • The last three EBITDA figures came in at $86.7 million (Q1 2026), $56.3 million (Q4 2025), and $39.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 245.47 Mn
2 AGNC Investment 11.42 Bn 10.75 Bn - -156.00 Mn
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 382.38 Mn
4 Rithm Capital 5.08 Bn 4.78 Bn - 154.24 Mn
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 215.55 Mn
6 Dynex Capital 2.58 Bn 1.80 Bn - -83.17 Mn
7 Armour Residential REIT 2.05 Bn 1.32 Bn - -
8 Ellington Financial 1.67 Bn 1.39 Bn - 179.14 Mn
9 Two Harbors Investment 1.29 Bn 746.67 Mn - -11.91 Mn
10 Adamas Trust - - - 86.73 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 86.73 Mn
Dec 31, 2025 56.32 Mn
Sep 30, 2025 39.49 Mn
Jun 30, 2025 4.28 Mn
Mar 31, 2025 37.71 Mn
Dec 31, 2024 -31.80 Mn
Sep 30, 2024 42.79 Mn
Jun 30, 2024 -23.74 Mn
Mar 31, 2024 -80.17 Mn
Dec 31, 2023 32.87 Mn
Sep 30, 2023 -93.93 Mn
Jun 30, 2023 -30.84 Mn
Mar 31, 2023 14.18 Mn
Dec 31, 2022 -42.41 Mn
Sep 30, 2022 -118.22 Mn
Jun 30, 2022 -90.73 Mn
Mar 31, 2022 -88.74 Mn
Dec 31, 2021 36.04 Mn
Sep 30, 2021 52.40 Mn
Jun 30, 2021 51.63 Mn