Ellington Financial (EFC) Net Margin (2019 - 2026)
Ellington Financial (EFC) recorded Net Margin of 40.77% in Q2 2026, up 1.99 percentage points from 38.78% a year earlier but down 11.54 percentage points from the prior quarter.
Ellington Financial (EFC) Net Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Ellington Financial's Net Margin came in at 37.31% as of Jun 30, 2026, up 10.32 percentage points year-over-year; for FY2025, it came in at 26.93%, down 2.56 percentage points from FY2024.
- Annual Net Margin has a five-year change of +6.61 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 29.49% in FY2024 (+15.87 pp), 13.62% in FY2023 (+181.36 pp), -167.74% in FY2022 (-245.35 pp) and 77.62% in FY2021 (+57.29 pp).
- Quarterly Net Margin has ranged from -365.14% in Q3 2022 to 123.14% in Q4 2021 over the past five years.
- On a year-over-year basis, Net Margin rose in six of the last eight quarters, with an average year-over-year change of +5.57 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 366.28 percentage points in Q3 2023, against a drop of 417.35 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 52.31% (Q1 2026), 9.82% (Q4 2025) and 27.10% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.85 Bn | 44.35 Bn | - | 32.04% |
| 2 | Rocket Companies | 43.67 Bn | 29.35 Bn | - | 8.26% |
| 3 | Royalty Pharma | 33.56 Bn | 33.48 Bn | - | 2.65% |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | 2.02% |
| 5 | Synchrony Financial | 23.24 Bn | -44.73 Bn | - | 18.21% |
| 6 | Affirm Holdings | 22.66 Bn | 16.35 Bn | - | 138.65% |
| 7 | Royal Gold | 20.35 Bn | 19.57 Bn | 390.45 Mn | 52.47% |
| 8 | Annaly Capital Management | 15.27 Bn | 6.37 Bn | - | - |
| 9 | Ares Capital | 13.74 Bn | 11.17 Bn | - | - |
| 10 | Ellington Financial | 1.56 Bn | 792.52 Mn | - | 40.77% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.77% |
| Mar 31, 2026 | 52.31% |
| Dec 31, 2025 | 9.82% |
| Sep 30, 2025 | 27.10% |
| Jun 30, 2025 | 38.78% |
| Mar 31, 2025 | 29.69% |
| Dec 31, 2024 | 20.85% |
| Sep 30, 2024 | 13.95% |
| Jun 30, 2024 | 49.94% |
| Mar 31, 2024 | 26.82% |
| Dec 31, 2023 | 7.55% |
| Sep 30, 2023 | 1.14% |
| Jun 30, 2023 | -5.20% |
| Mar 31, 2023 | 42.66% |
| Dec 31, 2022 | 26.59% |
| Sep 30, 2022 | -365.14% |
| Mar 31, 2022 | -118.17% |
| Dec 31, 2021 | 123.14% |
| Sep 30, 2021 | 52.21% |
| Jun 30, 2021 | 75.97% |
Ellington Financial Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=EFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "EFC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=EFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();