Stocktoria

Ellington Financial Inc. EFC

NYSE · reit · Real Estate · website · IPO 2010-10-08 · LEI

Ellington Financial Inc. statistics & valuation

Market cap$1.7B
P / E14.4×
P / B0.9×
Dividend yield10.71%
Return on equity6.3%
Graham number +70.3%$21.04

Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($21.04); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
-2.50% 5.50% 7.80% 6.50% 1.90% 9.50% -7.00% 4.00% 7.40% 6.30% 2016201720182019202020212022202320242025
Shares outstanding
32.3M 31.3M 29.8M 38.6M 43.8M 57.5M 63.8M 83.0M 90.7M 113.1M 2016201720182019202020212022202320242025
Net debt ($)
-$123.3M $37.5M $40.4M $13.0M -$26.1M -$6.9M -$217.1M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-0.70% 1.10% 1.20% 1.30% 0.50% 2.40% -0.60% 0.40% 0.70% 0.60% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.00× 0.14× 0.14× 0.10× 0.09× 0.06× 0.00× 2016201720182019202020212022202320242025
EPS ($)
-$0.48 $1.04 $1.52 $1.76 $0.39 $2.58 -$1.43 $0.89 $1.36 $1.19 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Ellington Financial Inc. trades at about 10.4× earnings — near its 10-year norm (10-year range 6.9×–38.4×, median 10.9×).

6.9× 38.4×

Shaded band = 10-year range (6.9×–38.4×); dot = today's 10.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Return on assets0.6%0.7%0.4%-0.6%2.4%0.5%1.3%1.2%1.1%-0.7%
Return on equity6.3%7.4%4.0%-7.0%9.5%1.9%6.5%7.8%5.5%-2.5%
Debt / equity———0.00×0.06×0.09×0.10×0.14×0.14×0.00×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.