ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments. It also invests in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency. The company has elected to be taxed as a real estate investment trust under the Internal Revenue Code. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. ARMOUR Residential REIT, Inc. was incorporated in 2008 and is based in Vero Beach, Florida.
Revenue of ARMOUR Residential REIT, Inc. (ARR)
Revenue in 2023 (TTM): $449.67 M
According to ARMOUR Residential REIT, Inc.'s latest financial reports the company's current revenue (TTM) is $449.67 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of ARMOUR Residential REIT, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $449.67 M | $449.67 M | $457.87 M | $-67,923,000 | $-67,923,000 |
| 2022 | $-225,871,000 | $-458,116,000 | $-104,607,000 | $-229,930,000 | $-241,912,000 |
| 2021 | $19.17 M | $-3,338,000 | $7.11 M | $15.36 M | $3.89 M |
| 2020 | $-22,207,000 | $-44,414,000 | $-151,129,000 | $-215,112,000 | $-224,899,000 |
| 2019 | $-216,600,000 | $-433,200,000 | $ | $-249,905,000 | $-265,539,000 |
| 2018 | $-68,921,000 | $-96,167,000 | $48.26 M | $-105,966,000 | $-122,998,000 |
| 2017 | $124.73 M | $98.15 M | $181.15 M | $181.15 M | $181.15 M |
| 2016 | $-99,688,000 | $-125,758,000 | $-45,517,000 | $-45,517,000 | $-61,139,000 |
| 2015 | $5.74 M | $-21,548,000 | $ | $-31,205,000 | $-46,827,000 |
| 2014 | $-169,307,000 | $-169,307,000 | $ | $-179,048,000 | $-194,668,000 |
| 2013 | $-178,044,000 | $-178,044,000 | $ | $-187,054,000 | $-201,257,000 |
| 2012 | $228.2 M | $228.2 M | $62.24 M | $222.28 M | $222.31 M |
| 2011 | $12.18 M | $320.45 K | $-9,390,741 | $-9,390,741 | $-9,442,054 |
| 2010 | $9.39 M | $8.07 M | $7.7 M | $6.39 M | $6.54 M |
| 2009 | $497.46 K | $483.31 K | $-1,543,617 | $-1,543,617 | $-1,149,427 |
| 2008 | $ | $ | $3.12 M | $3.12 M | $1.07 M |
| 2007 | $ | $ | $1.49 M | $1.49 M | $867.32 K |