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Side-by-side financial comparison of Angel Oak Mortgage REIT, Inc. (AOMR) and ESPEY MFG & ELECTRONICS CORP (ESP). Click either name above to swap in a different company.
ESPEY MFG & ELECTRONICS CORP is the larger business by last-quarter revenue ($12.1M vs $10.9M, roughly 1.1× Angel Oak Mortgage REIT, Inc.). Angel Oak Mortgage REIT, Inc. runs the higher net margin — 103.9% vs 23.1%, a 80.8% gap on every dollar of revenue. On growth, Angel Oak Mortgage REIT, Inc. posted the faster year-over-year revenue change (10.4% vs -10.8%). Over the past eight quarters, ESPEY MFG & ELECTRONICS CORP's revenue compounded faster (21.3% CAGR vs 12.7%).
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.
ESPEY MFG & ELECTRONICS CORP is a US-based manufacturer specializing in high-reliability power supplies, power conversion systems and specialized electronic components. It serves aerospace, defense, industrial and transportation sectors, delivering custom solutions for harsh environments to OEMs and government contractors across North America and select global markets.
AOMR vs ESP — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $10.9M | $12.1M |
| Net Profit | $11.3M | $2.8M |
| Gross Margin | — | 34.7% |
| Operating Margin | — | 25.3% |
| Net Margin | 103.9% | 23.1% |
| Revenue YoY | 10.4% | -10.8% |
| Net Profit YoY | 175.2% | 47.0% |
| EPS (diluted) | $0.44 | $0.99 |
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 | $12.1M | ||
| Q3 25 | $10.2M | $9.1M | ||
| Q2 25 | $9.9M | $9.6M | ||
| Q1 25 | $10.1M | $10.3M | ||
| Q4 24 | $9.9M | $13.6M | ||
| Q3 24 | $9.0M | $10.4M | ||
| Q2 24 | $9.5M | $11.6M | ||
| Q1 24 | $8.6M | $8.3M |
| Q4 25 | $11.3M | $2.8M | ||
| Q3 25 | $11.4M | $2.2M | ||
| Q2 25 | $767.0K | $2.9M | ||
| Q1 25 | $20.5M | $1.7M | ||
| Q4 24 | $-15.1M | $1.9M | ||
| Q3 24 | $31.2M | $1.6M | ||
| Q2 24 | $-273.0K | $1.9M | ||
| Q1 24 | $12.9M | $1.0M |
| Q4 25 | — | 34.7% | ||
| Q3 25 | — | 35.4% | ||
| Q2 25 | — | 39.3% | ||
| Q1 25 | — | 28.6% | ||
| Q4 24 | — | 23.2% | ||
| Q3 24 | — | 26.8% | ||
| Q2 24 | — | 27.6% | ||
| Q1 24 | — | 25.0% |
| Q4 25 | — | 25.3% | ||
| Q3 25 | — | 22.7% | ||
| Q2 25 | 7.7% | 27.4% | ||
| Q1 25 | — | 17.0% | ||
| Q4 24 | -152.6% | 14.9% | ||
| Q3 24 | — | 16.5% | ||
| Q2 24 | -1.4% | 18.4% | ||
| Q1 24 | — | 13.2% |
| Q4 25 | 103.9% | 23.1% | ||
| Q3 25 | 112.1% | 23.9% | ||
| Q2 25 | 7.7% | 30.6% | ||
| Q1 25 | 203.5% | 16.5% | ||
| Q4 24 | -152.6% | 14.0% | ||
| Q3 24 | 345.9% | 15.3% | ||
| Q2 24 | -2.9% | 16.3% | ||
| Q1 24 | 150.1% | 12.5% |
| Q4 25 | $0.44 | $0.99 | ||
| Q3 25 | $0.46 | $0.76 | ||
| Q2 25 | $0.03 | $1.07 | ||
| Q1 25 | $0.87 | $0.63 | ||
| Q4 24 | $-0.62 | $0.71 | ||
| Q3 24 | $1.29 | $0.61 | ||
| Q2 24 | $-0.01 | $0.73 | ||
| Q1 24 | $0.51 | $0.40 |
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 | $17.8M |
| Total DebtLower is stronger | $2.3B | — |
| Stockholders' EquityBook value | $267.5M | $53.2M |
| Total Assets | $2.7B | $85.2M |
| Debt / EquityLower = less leverage | 8.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $41.6M | $17.8M | ||
| Q3 25 | $51.6M | $22.2M | ||
| Q2 25 | $40.5M | $18.9M | ||
| Q1 25 | $38.7M | $13.9M | ||
| Q4 24 | $40.8M | $8.0M | ||
| Q3 24 | $42.1M | $4.8M | ||
| Q2 24 | $44.0M | $4.4M | ||
| Q1 24 | $39.4M | $5.6M |
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $267.5M | $53.2M | ||
| Q3 25 | $264.2M | $51.0M | ||
| Q2 25 | $246.4M | $50.8M | ||
| Q1 25 | $251.5M | $46.3M | ||
| Q4 24 | $239.0M | $44.8M | ||
| Q3 24 | $265.1M | $42.5M | ||
| Q2 24 | $255.8M | $41.3M | ||
| Q1 24 | $263.3M | $39.3M |
| Q4 25 | $2.7B | $85.2M | ||
| Q3 25 | $2.6B | $84.8M | ||
| Q2 25 | $2.6B | $79.1M | ||
| Q1 25 | $2.7B | $72.8M | ||
| Q4 24 | $2.3B | $60.2M | ||
| Q3 24 | $2.3B | $57.6M | ||
| Q2 24 | $2.1B | $56.5M | ||
| Q1 24 | $2.3B | $53.1M |
| Q4 25 | 8.51× | — | ||
| Q3 25 | 8.37× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 7.62× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-407.0M | $-2.8M |
| Free Cash FlowOCF − Capex | — | $-4.1M |
| FCF MarginFCF / Revenue | — | -34.1% |
| Capex IntensityCapex / Revenue | — | 10.9% |
| Cash ConversionOCF / Net Profit | -35.96× | -1.00× |
| TTM Free Cash FlowTrailing 4 quarters | — | $11.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-407.0M | $-2.8M | ||
| Q3 25 | $-173.4M | $5.7M | ||
| Q2 25 | $20.6M | $2.8M | ||
| Q1 25 | $-201.7M | $11.5M | ||
| Q4 24 | $-221.5M | $5.4M | ||
| Q3 24 | $-212.4M | $1.4M | ||
| Q2 24 | $-24.2M | $3.2M | ||
| Q1 24 | $40.2M | $1.4M |
| Q4 25 | — | $-4.1M | ||
| Q3 25 | — | $4.4M | ||
| Q2 25 | — | $915.3K | ||
| Q1 25 | — | $10.5M | ||
| Q4 24 | — | $4.5M | ||
| Q3 24 | — | $724.8K | ||
| Q2 24 | — | $2.6M | ||
| Q1 24 | — | $379.1K |
| Q4 25 | — | -34.1% | ||
| Q3 25 | — | 48.7% | ||
| Q2 25 | — | 9.5% | ||
| Q1 25 | — | 101.8% | ||
| Q4 24 | — | 33.0% | ||
| Q3 24 | — | 6.9% | ||
| Q2 24 | — | 22.2% | ||
| Q1 24 | — | 4.6% |
| Q4 25 | — | 10.9% | ||
| Q3 25 | — | 14.2% | ||
| Q2 25 | — | 19.3% | ||
| Q1 25 | — | 9.3% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | — | 6.4% | ||
| Q2 24 | — | 5.7% | ||
| Q1 24 | — | 12.5% |
| Q4 25 | -35.96× | -1.00× | ||
| Q3 25 | -15.19× | 2.64× | ||
| Q2 25 | 26.92× | 0.95× | ||
| Q1 25 | -9.83× | 6.72× | ||
| Q4 24 | — | 2.82× | ||
| Q3 24 | -6.81× | 0.87× | ||
| Q2 24 | — | 1.71× | ||
| Q1 24 | 3.12× | 1.37× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AOMR
| Nonrelated Party | $6.4M | 59% |
| Other | $4.5M | 41% |
ESP
| ASC606 | $11.3M | 93% |
| Other | $855.0K | 7% |
