vs
Side-by-side financial comparison of Angel Oak Mortgage REIT, Inc. (AOMR) and Claros Mortgage Trust, Inc. (CMTG). Click either name above to swap in a different company.
Claros Mortgage Trust, Inc. is the larger business by last-quarter revenue ($46.7M vs $10.9M, roughly 4.3× Angel Oak Mortgage REIT, Inc.). Angel Oak Mortgage REIT, Inc. runs the higher net margin — 103.9% vs -468.9%, a 572.8% gap on every dollar of revenue. On growth, Angel Oak Mortgage REIT, Inc. posted the faster year-over-year revenue change (10.4% vs -22.4%). Over the past eight quarters, Angel Oak Mortgage REIT, Inc.'s revenue compounded faster (12.7% CAGR vs -10.9%).
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.
Claros Mortgage Trust, Inc. is a U.S.-based real estate investment trust that invests in diversified mortgage-related assets, including residential and commercial mortgage loans and mortgage-backed securities. It pursues stable, risk-adjusted long-term returns for shareholders via rigorous asset evaluation and active portfolio management.
AOMR vs CMTG — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $10.9M | $46.7M |
| Net Profit | $11.3M | $-219.2M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 103.9% | -468.9% |
| Revenue YoY | 10.4% | -22.4% |
| Net Profit YoY | 175.2% | -117.7% |
| EPS (diluted) | $0.44 | $-1.56 |
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.
| Q4 25 | $10.9M | $46.7M | ||
| Q3 25 | $10.2M | $46.1M | ||
| Q2 25 | $9.9M | $51.6M | ||
| Q1 25 | $10.1M | $43.4M | ||
| Q4 24 | $9.9M | $60.2M | ||
| Q3 24 | $9.0M | $64.9M | ||
| Q2 24 | $9.5M | $64.5M | ||
| Q1 24 | $8.6M | $58.8M |
| Q4 25 | $11.3M | $-219.2M | ||
| Q3 25 | $11.4M | $-9.5M | ||
| Q2 25 | $767.0K | $-181.7M | ||
| Q1 25 | $20.5M | $-78.6M | ||
| Q4 24 | $-15.1M | $-100.7M | ||
| Q3 24 | $31.2M | $-56.2M | ||
| Q2 24 | $-273.0K | $-11.6M | ||
| Q1 24 | $12.9M | $-52.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 7.7% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -152.6% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -1.4% | — | ||
| Q1 24 | — | — |
| Q4 25 | 103.9% | -468.9% | ||
| Q3 25 | 112.1% | -20.7% | ||
| Q2 25 | 7.7% | -351.9% | ||
| Q1 25 | 203.5% | -181.3% | ||
| Q4 24 | -152.6% | -167.2% | ||
| Q3 24 | 345.9% | -86.7% | ||
| Q2 24 | -2.9% | -17.9% | ||
| Q1 24 | 150.1% | -89.7% |
| Q4 25 | $0.44 | $-1.56 | ||
| Q3 25 | $0.46 | $-0.07 | ||
| Q2 25 | $0.03 | $-1.30 | ||
| Q1 25 | $0.87 | $-0.56 | ||
| Q4 24 | $-0.62 | $-0.72 | ||
| Q3 24 | $1.29 | $-0.40 | ||
| Q2 24 | $-0.01 | $-0.09 | ||
| Q1 24 | $0.51 | $-0.39 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $41.6M | $173.2M |
| Total DebtLower is stronger | $2.3B | $3.2B |
| Stockholders' EquityBook value | $267.5M | $1.5B |
| Total Assets | $2.7B | $4.7B |
| Debt / EquityLower = less leverage | 8.51× | 2.06× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $41.6M | $173.2M | ||
| Q3 25 | $51.6M | $339.5M | ||
| Q2 25 | $40.5M | $209.2M | ||
| Q1 25 | $38.7M | $127.8M | ||
| Q4 24 | $40.8M | $99.1M | ||
| Q3 24 | $42.1M | $113.9M | ||
| Q2 24 | $44.0M | $148.2M | ||
| Q1 24 | $39.4M | $232.5M |
| Q4 25 | $2.3B | $3.2B | ||
| Q3 25 | $2.2B | $3.7B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.7B | ||
| Q4 24 | $1.8B | $4.9B | ||
| Q3 24 | — | $5.1B | ||
| Q2 24 | — | $5.3B | ||
| Q1 24 | — | $5.5B |
| Q4 25 | $267.5M | $1.5B | ||
| Q3 25 | $264.2M | $1.7B | ||
| Q2 25 | $246.4M | $1.8B | ||
| Q1 25 | $251.5M | $1.9B | ||
| Q4 24 | $239.0M | $2.0B | ||
| Q3 24 | $265.1M | $2.1B | ||
| Q2 24 | $255.8M | $2.2B | ||
| Q1 24 | $263.3M | $2.2B |
| Q4 25 | $2.7B | $4.7B | ||
| Q3 25 | $2.6B | $5.4B | ||
| Q2 25 | $2.6B | $5.8B | ||
| Q1 25 | $2.7B | $6.7B | ||
| Q4 24 | $2.3B | $7.0B | ||
| Q3 24 | $2.3B | $7.3B | ||
| Q2 24 | $2.1B | $7.6B | ||
| Q1 24 | $2.3B | $7.8B |
| Q4 25 | 8.51× | 2.06× | ||
| Q3 25 | 8.37× | 2.09× | ||
| Q2 25 | — | 2.29× | ||
| Q1 25 | — | 2.42× | ||
| Q4 24 | 7.62× | 2.44× | ||
| Q3 24 | — | 2.44× | ||
| Q2 24 | — | 2.46× | ||
| Q1 24 | — | 2.47× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-52.5M | $2.4M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | -4.64× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-52.5M | $2.4M | ||
| Q3 25 | $-173.4M | $8.8M | ||
| Q2 25 | $20.6M | $-5.8M | ||
| Q1 25 | $-201.7M | $-35.8M | ||
| Q4 24 | $-25.1M | $18.3M | ||
| Q3 24 | $-212.4M | $39.2M | ||
| Q2 24 | $-24.2M | $5.5M | ||
| Q1 24 | $40.2M | $21.5M |
| Q4 25 | -4.64× | — | ||
| Q3 25 | -15.19× | — | ||
| Q2 25 | 26.92× | — | ||
| Q1 25 | -9.83× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -6.81× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 3.12× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AOMR
Segment breakdown not available.
CMTG
| Real Estate Owned Portfolio | $34.2M | 73% |
| Other | $11.1M | 24% |
| Mixed Use Property Fixed Rents | $1.4M | 3% |
