Shareholder returns
- Dividends have been paid for 12 consecutive years, consuming 337.3% of earnings.
- The dividend has grown 7.5% per year over the past 5 years.
EARN Financials Ellington Credit Co
12 years of revenue, profit, cash flow and balance-sheet history through FY2024, from SEC filings — with a computed, factual read of the trend. Updated Overview →
Net income
ROEROA
Equity
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2024 | — | $7M | — | — | 3.4% | 0.8% | — | — | $32M |
| 2023 | — | $5M | — | — | 3.3% | 0.5% | — | — | $39M |
| 2022 | — | -$30M | — | — | -26.9% | -2.9% | — | — | $35M |
| 2021 | — | -$6M | — | — | -4.1% | -0.4% | — | — | $69M |
| 2020 | — | $20M | — | — | 12.1% | 1.7% | — | — | $58M |
| 2019 | — | $22M | — | — | 13.8% | 1.5% | — | — | $35M |
| 2018 | — | -$11M | — | — | -7.3% | -0.7% | — | — | $19M |
| 2017 | — | $11M | — | — | 5.6% | 0.6% | — | — | $56M |
| 2016 | — | $12M | — | — | 8.4% | 0.8% | — | — | $34M |
| 2015 | — | $30000 | — | — | 0.0% | 0.0% | — | — | $40M |
| 2014 | — | $16M | — | — | 9.9% | 1.1% | — | — | $45M |
| 2013 | — | -$2M | — | — | -1.1% | -0.1% | — | — | $50M |
Net income
ROEROA
Equity
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Mar '25 | — | -$8M | — | — | -3.4% | -1.0% | — | — | $17M |
| Dec '24 | — | -$2M | — | — | -1.0% | -0.2% | — | — | $32M |
| Sep '24 | — | $5M | — | — | 2.8% | 0.7% | — | — | $26M |
| Jun '24 | — | -$815000 | — | — | -0.6% | -0.1% | — | — | $119M |
| Mar '24 | — | $4M | — | — | 2.8% | 0.4% | — | — | $22M |
| Dec '23 | — | $12M | — | — | 9.1% | 1.3% | — | — | $39M |
| Sep '23 | — | -$11M | — | — | -10.2% | -1.1% | — | — | $40M |
| Jun '23 | — | $1M | — | — | 1.0% | 0.1% | — | — | $44M |
| Mar '23 | — | $2M | — | — | 2.0% | 0.2% | — | — | $37M |
| Dec '22 | — | $12M | — | — | 10.4% | 1.1% | — | — | $35M |
| Sep '22 | — | -$14M | — | — | -13.3% | -1.1% | — | — | $25M |
| Jun '22 | — | -$11M | — | — | -9.1% | -1.0% | — | — | $37M |
| Mar '22 | — | -$17M | — | — | -13.1% | -1.2% | — | — | $16M |
| Dec '21 | — | -$3M | — | — | -1.8% | -0.2% | — | — | $69M |
| Sep '21 | — | $860000 | — | — | 0.5% | 0.1% | — | — | $61M |
| Jun '21 | — | -$5M | — | — | -2.8% | -0.3% | — | — | $59M |
| Mar '21 | — | $127000 | — | — | 0.1% | 0.0% | — | — | $53M |
| Dec '20 | — | $7M | — | — | 4.4% | 0.6% | — | — | $58M |
| Sep '20 | — | $8M | — | — | 5.0% | 0.6% | — | — | $61M |
| Jun '20 | — | $21M | — | — | 13.5% | 1.7% | — | — | $51M |
Valuation over time
How the market has priced EARN against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has fallen from 49.3× (Jan '24) to 25.0× (Sep '26).
- The dividend yield has risen from 5.1% (Mar '23) to 13.5% (Sep '26).
P/E
Dividend yield %
Frequently asked questions
Is EARN growing its revenue and profit?
See the revenue and net-income charts above for Ellington Credit Co's multi-year trend.
How much debt does EARN have?
As of FY2024, Ellington Credit Co reported — of total debt against $32M of cash.
What is EARN's profit margin?
In FY2024, gross margin was —, operating margin —, and net margin —.
What is EARN's P/E ratio?
As of Sep '26, Ellington Credit Co traded at a price-to-earnings ratio of about 25.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.