vs

Side-by-side financial comparison of ARBOR REALTY TRUST INC (ABR) and ADAMAS TRUST, INC. (ADAM). Click either name above to swap in a different company.

ARBOR REALTY TRUST INC is the larger business by last-quarter revenue ($55.7M vs $43.2M, roughly 1.3× ADAMAS TRUST, INC.). On growth, ADAMAS TRUST, INC. posted the faster year-over-year revenue change (61.6% vs -32.7%). Over the past eight quarters, ADAMAS TRUST, INC.'s revenue compounded faster (55.5% CAGR vs -26.7%).

Arbor Realty Trust Inc. is a U.S.-headquartered specialized real estate investment trust (REIT). It primarily provides structured financing solutions for multifamily residential and commercial real estate projects, including bridge loans, agency lending, and mezzanine financing. Its core market covers the U.S. real estate sector, serving property owners, developers and real estate investors nationwide.

ABR vs ADAM — Head-to-Head

Bigger by revenue
ABR
ABR
1.3× larger
ABR
$55.7M
$43.2M
ADAM
Growing faster (revenue YoY)
ADAM
ADAM
+94.4% gap
ADAM
61.6%
-32.7%
ABR
Faster 2-yr revenue CAGR
ADAM
ADAM
Annualised
ADAM
55.5%
-26.7%
ABR

Income Statement — Q4 2025 vs Q4 2025

Metric
ABR
ABR
ADAM
ADAM
Revenue
$55.7M
$43.2M
Net Profit
$53.5M
Gross Margin
Operating Margin
Net Margin
124.0%
Revenue YoY
-32.7%
61.6%
Net Profit YoY
270.5%
EPS (diluted)
$0.08
$0.45

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ABR
ABR
ADAM
ADAM
Q4 25
$55.7M
$43.2M
Q3 25
$38.3M
$36.6M
Q2 25
$68.7M
$36.4M
Q1 25
$75.4M
$33.1M
Q4 24
$82.9M
$26.7M
Q3 24
$88.8M
$20.2M
Q2 24
$88.0M
$19.0M
Q1 24
$103.6M
$17.9M
Net Profit
ABR
ABR
ADAM
ADAM
Q4 25
$53.5M
Q3 25
$52.0M
$44.8M
Q2 25
$36.3M
$8.5M
Q1 25
$43.4M
$42.2M
Q4 24
$-31.4M
Q3 24
$73.5M
$42.8M
Q2 24
$61.8M
$-15.6M
Q1 24
$73.2M
$-57.9M
Operating Margin
ABR
ABR
ADAM
ADAM
Q4 25
Q3 25
Q2 25
11.7%
Q1 25
Q4 24
-119.0%
Q3 24
Q2 24
-124.7%
Q1 24
72.8%
-448.8%
Net Margin
ABR
ABR
ADAM
ADAM
Q4 25
124.0%
Q3 25
135.9%
122.5%
Q2 25
52.8%
23.4%
Q1 25
57.5%
127.4%
Q4 24
-117.5%
Q3 24
82.8%
211.7%
Q2 24
70.3%
-81.9%
Q1 24
70.7%
-324.1%
EPS (diluted)
ABR
ABR
ADAM
ADAM
Q4 25
$0.08
$0.45
Q3 25
$0.20
$0.36
Q2 25
$0.12
$-0.04
Q1 25
$0.16
$0.33
Q4 24
$0.31
$-0.46
Q3 24
$0.31
$0.36
Q2 24
$0.25
$-0.29
Q1 24
$0.31
$-0.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABR
ABR
ADAM
ADAM
Cash + ST InvestmentsLiquidity on hand
$482.9M
$210.3M
Total DebtLower is stronger
$11.1B
$735.8M
Stockholders' EquityBook value
$3.0B
$1.4B
Total Assets
$14.5B
$12.6B
Debt / EquityLower = less leverage
3.75×
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABR
ABR
ADAM
ADAM
Q4 25
$482.9M
$210.3M
Q3 25
$423.4M
$185.3M
Q2 25
$255.7M
$160.4M
Q1 25
$308.8M
$177.1M
Q4 24
$503.8M
$167.4M
Q3 24
$687.5M
$195.1M
Q2 24
$737.5M
$235.5M
Q1 24
$908.0M
$226.9M
Total Debt
ABR
ABR
ADAM
ADAM
Q4 25
$11.1B
$735.8M
Q3 25
$10.4B
$766.6M
Q2 25
$10.1B
$653.0M
Q1 25
$9.9B
$654.4M
Q4 24
$10.0B
$573.2M
Q3 24
$10.3B
$699.4M
Q2 24
$10.6B
$800.7M
Q1 24
$11.4B
$1.0B
Stockholders' Equity
ABR
ABR
ADAM
ADAM
Q4 25
$3.0B
$1.4B
Q3 25
$3.0B
$1.4B
Q2 25
$3.0B
$1.4B
Q1 25
$3.0B
$1.4B
Q4 24
$3.0B
$1.4B
Q3 24
$3.0B
$1.4B
Q2 24
$3.1B
$1.4B
Q1 24
$3.1B
$1.5B
Total Assets
ABR
ABR
ADAM
ADAM
Q4 25
$14.5B
$12.6B
Q3 25
$13.9B
$12.4B
Q2 25
$13.6B
$10.6B
Q1 25
$13.4B
$10.0B
Q4 24
$13.5B
$9.2B
Q3 24
$13.9B
$8.9B
Q2 24
$14.2B
$8.2B
Q1 24
$15.1B
$7.4B
Debt / Equity
ABR
ABR
ADAM
ADAM
Q4 25
3.75×
0.52×
Q3 25
3.47×
0.55×
Q2 25
3.40×
0.47×
Q1 25
3.29×
0.47×
Q4 24
3.29×
0.41×
Q3 24
3.40×
0.48×
Q2 24
3.47×
0.56×
Q1 24
3.68×
0.67×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABR
ABR
ADAM
ADAM
Operating Cash FlowLast quarter
$-16.9M
$62.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.16×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABR
ABR
ADAM
ADAM
Q4 25
$-16.9M
$62.1M
Q3 25
$178.7M
$6.9M
Q2 25
$60.0M
$39.2M
Q1 25
$150.5M
$25.8M
Q4 24
$46.7M
$29.1M
Q3 24
$85.0M
$-922.0K
Q2 24
$69.9M
$-993.0K
Q1 24
$260.0M
$-13.1M
Free Cash Flow
ABR
ABR
ADAM
ADAM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$25.7M
Q3 24
$-8.6M
Q2 24
$-8.6M
Q1 24
$-19.1M
FCF Margin
ABR
ABR
ADAM
ADAM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
96.1%
Q3 24
-42.3%
Q2 24
-44.9%
Q1 24
-107.0%
Capex Intensity
ABR
ABR
ADAM
ADAM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
12.9%
Q3 24
37.7%
Q2 24
39.7%
Q1 24
33.5%
Cash Conversion
ABR
ABR
ADAM
ADAM
Q4 25
1.16×
Q3 25
3.44×
0.15×
Q2 25
1.65×
4.59×
Q1 25
3.47×
0.61×
Q4 24
Q3 24
1.16×
-0.02×
Q2 24
1.13×
Q1 24
3.55×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ABR
ABR

Segment breakdown not available.

ADAM
ADAM

Other$19.6M45%
Constructive Loans LLC$14.4M33%
Multifamily$9.1M21%

Related Comparisons