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Side-by-side financial comparison of Angel Oak Mortgage REIT, Inc. (AOMR) and AvalonBay Communities (AVB). Click either name above to swap in a different company.

Angel Oak Mortgage REIT, Inc. is the larger business by last-quarter revenue ($10.9M vs $1.8M, roughly 5.9× AvalonBay Communities). AvalonBay Communities runs the higher net margin — 9040.6% vs 103.9%, a 8936.7% gap on every dollar of revenue. On growth, Angel Oak Mortgage REIT, Inc. posted the faster year-over-year revenue change (10.4% vs 5.5%). Over the past eight quarters, Angel Oak Mortgage REIT, Inc.'s revenue compounded faster (12.7% CAGR vs 1.1%).

Angel Oak Mortgage REIT, Inc. is a U.S.-based real estate investment trust focused on investing in residential mortgage assets, including non-agency mortgage-backed securities, residential mortgage loans, and credit-linked real estate instruments. It serves U.S. institutional and retail investors, targeting competitive risk-adjusted returns through regular income and long-term capital growth.

AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.

AOMR vs AVB — Head-to-Head

Bigger by revenue
AOMR
AOMR
5.9× larger
AOMR
$10.9M
$1.8M
AVB
Growing faster (revenue YoY)
AOMR
AOMR
+4.9% gap
AOMR
10.4%
5.5%
AVB
Higher net margin
AVB
AVB
8936.7% more per $
AVB
9040.6%
103.9%
AOMR
Faster 2-yr revenue CAGR
AOMR
AOMR
Annualised
AOMR
12.7%
1.1%
AVB

Income Statement — Q4 2025 vs Q4 2025

Metric
AOMR
AOMR
AVB
AVB
Revenue
$10.9M
$1.8M
Net Profit
$11.3M
$166.0M
Gross Margin
Operating Margin
Net Margin
103.9%
9040.6%
Revenue YoY
10.4%
5.5%
Net Profit YoY
175.2%
-41.2%
EPS (diluted)
$0.44
$1.18

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
AOMR
AOMR
AVB
AVB
Q4 25
$10.9M
$1.8M
Q3 25
$10.2M
$1.9M
Q2 25
$9.9M
$1.6M
Q1 25
$10.1M
$1.7M
Q4 24
$9.9M
$1.7M
Q3 24
$9.0M
$1.7M
Q2 24
$9.5M
$1.8M
Q1 24
$8.6M
$1.8M
Net Profit
AOMR
AOMR
AVB
AVB
Q4 25
$11.3M
$166.0M
Q3 25
$11.4M
$381.3M
Q2 25
$767.0K
$268.7M
Q1 25
$20.5M
$236.6M
Q4 24
$-15.1M
$282.1M
Q3 24
$31.2M
$372.5M
Q2 24
$-273.0K
$253.9M
Q1 24
$12.9M
$173.4M
Operating Margin
AOMR
AOMR
AVB
AVB
Q4 25
Q3 25
Q2 25
7.7%
Q1 25
Q4 24
-152.6%
Q3 24
Q2 24
-1.4%
Q1 24
Net Margin
AOMR
AOMR
AVB
AVB
Q4 25
103.9%
9040.6%
Q3 25
112.1%
20390.7%
Q2 25
7.7%
16854.8%
Q1 25
203.5%
13581.9%
Q4 24
-152.6%
16212.2%
Q3 24
345.9%
21708.6%
Q2 24
-2.9%
13876.2%
Q1 24
150.1%
9662.9%
EPS (diluted)
AOMR
AOMR
AVB
AVB
Q4 25
$0.44
$1.18
Q3 25
$0.46
$2.68
Q2 25
$0.03
$1.88
Q1 25
$0.87
$1.66
Q4 24
$-0.62
$1.99
Q3 24
$1.29
$2.61
Q2 24
$-0.01
$1.78
Q1 24
$0.51
$1.22

Balance Sheet & Financial Strength

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

Metric
AOMR
AOMR
AVB
AVB
Cash + ST InvestmentsLiquidity on hand
$41.6M
$187.2M
Total DebtLower is stronger
$2.3B
$9.3B
Stockholders' EquityBook value
$267.5M
$11.6B
Total Assets
$2.7B
$22.2B
Debt / EquityLower = less leverage
8.51×
0.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AOMR
AOMR
AVB
AVB
Q4 25
$41.6M
$187.2M
Q3 25
$51.6M
$123.3M
Q2 25
$40.5M
$102.8M
Q1 25
$38.7M
$53.3M
Q4 24
$40.8M
$108.6M
Q3 24
$42.1M
$552.4M
Q2 24
$44.0M
$545.8M
Q1 24
$39.4M
$287.9M
Total Debt
AOMR
AOMR
AVB
AVB
Q4 25
$2.3B
$9.3B
Q3 25
$2.2B
$8.7B
Q2 25
$8.7B
Q1 25
$8.3B
Q4 24
$1.8B
$8.1B
Q3 24
$8.4B
Q2 24
$8.4B
Q1 24
$8.0B
Stockholders' Equity
AOMR
AOMR
AVB
AVB
Q4 25
$267.5M
$11.6B
Q3 25
$264.2M
$11.9B
Q2 25
$246.4M
$11.9B
Q1 25
$251.5M
$11.9B
Q4 24
$239.0M
$11.9B
Q3 24
$265.1M
$11.9B
Q2 24
$255.8M
$11.7B
Q1 24
$263.3M
$11.7B
Total Assets
AOMR
AOMR
AVB
AVB
Q4 25
$2.7B
$22.2B
Q3 25
$2.6B
$21.9B
Q2 25
$2.6B
$21.8B
Q1 25
$2.7B
$21.2B
Q4 24
$2.3B
$21.0B
Q3 24
$2.3B
$21.3B
Q2 24
$2.1B
$21.0B
Q1 24
$2.3B
$20.6B
Debt / Equity
AOMR
AOMR
AVB
AVB
Q4 25
8.51×
0.80×
Q3 25
8.37×
0.73×
Q2 25
0.72×
Q1 25
0.70×
Q4 24
7.62×
0.68×
Q3 24
0.70×
Q2 24
0.71×
Q1 24
0.68×

Cash Flow & Capital Efficiency

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

Metric
AOMR
AOMR
AVB
AVB
Operating Cash FlowLast quarter
$-52.5M
$400.4M
Free Cash FlowOCF − Capex
$322.5M
FCF MarginFCF / Revenue
17563.8%
Capex IntensityCapex / Revenue
4246.2%
Cash ConversionOCF / Net Profit
-4.64×
2.41×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AOMR
AOMR
AVB
AVB
Q4 25
$-52.5M
$400.4M
Q3 25
$-173.4M
$477.0M
Q2 25
$20.6M
$377.8M
Q1 25
$-201.7M
$415.9M
Q4 24
$-25.1M
$328.8M
Q3 24
$-212.4M
$486.2M
Q2 24
$-24.2M
$380.0M
Q1 24
$40.2M
$412.9M
Free Cash Flow
AOMR
AOMR
AVB
AVB
Q4 25
$322.5M
Q3 25
$402.2M
Q2 25
$317.1M
Q1 25
$367.5M
Q4 24
$271.9M
Q3 24
$434.2M
Q2 24
$333.0M
Q1 24
$375.4M
FCF Margin
AOMR
AOMR
AVB
AVB
Q4 25
17563.8%
Q3 25
21507.4%
Q2 25
19896.0%
Q1 25
21098.3%
Q4 24
15626.2%
Q3 24
25305.2%
Q2 24
18195.7%
Q1 24
20914.5%
Capex Intensity
AOMR
AOMR
AVB
AVB
Q4 25
4246.2%
Q3 25
3998.4%
Q2 25
3806.1%
Q1 25
2776.7%
Q4 24
3271.1%
Q3 24
3026.3%
Q2 24
2568.9%
Q1 24
2088.6%
Cash Conversion
AOMR
AOMR
AVB
AVB
Q4 25
-4.64×
2.41×
Q3 25
-15.19×
1.25×
Q2 25
26.92×
1.41×
Q1 25
-9.83×
1.76×
Q4 24
1.17×
Q3 24
-6.81×
1.31×
Q2 24
1.50×
Q1 24
3.12×
2.38×

Financial Flow Comparison

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

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