vs
Side-by-side financial comparison of Angel Oak Mortgage REIT, Inc. (AOMR) and Millrose Properties, Inc. (MRP). Click either name above to swap in a different company.
Millrose Properties, Inc. is the larger business by last-quarter revenue ($189.5M vs $10.9M, roughly 17.4× Angel Oak Mortgage REIT, Inc.). Angel Oak Mortgage REIT, Inc. runs the higher net margin — 103.9% vs 64.5%, a 39.4% gap on every dollar of revenue.
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.
Millrose Properties, Inc. is a U.S.-based real estate enterprise primarily focused on the acquisition, ownership, operation, and management of income-generating multi-family residential assets. Its core markets span the U.S. Mid-Atlantic and Southeast regions, and it also offers professional property management services to select third-party property owners.
AOMR vs MRP — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $10.9M | $189.5M |
| Net Profit | $11.3M | $122.2M |
| Gross Margin | — | — |
| Operating Margin | — | 84.8% |
| Net Margin | 103.9% | 64.5% |
| Revenue YoY | 10.4% | — |
| Net Profit YoY | 175.2% | 285.8% |
| EPS (diluted) | $0.44 | $0.74 |
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 | $189.5M | ||
| Q3 25 | $10.2M | $179.3M | ||
| Q2 25 | $9.9M | $149.0M | ||
| Q1 25 | $10.1M | $82.7M | ||
| Q4 24 | $9.9M | — | ||
| Q3 24 | $9.0M | — | ||
| Q2 24 | $9.5M | — | ||
| Q1 24 | $8.6M | — |
| Q4 25 | $11.3M | $122.2M | ||
| Q3 25 | $11.4M | $105.1M | ||
| Q2 25 | $767.0K | $112.8M | ||
| Q1 25 | $20.5M | $39.8M | ||
| Q4 24 | $-15.1M | — | ||
| Q3 24 | $31.2M | — | ||
| Q2 24 | $-273.0K | — | ||
| Q1 24 | $12.9M | — |
| Q4 25 | — | 84.8% | ||
| Q3 25 | — | 85.3% | ||
| Q2 25 | 7.7% | 85.1% | ||
| Q1 25 | — | 55.2% | ||
| Q4 24 | -152.6% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -1.4% | — | ||
| Q1 24 | — | — |
| Q4 25 | 103.9% | 64.5% | ||
| Q3 25 | 112.1% | 58.6% | ||
| Q2 25 | 7.7% | 75.7% | ||
| Q1 25 | 203.5% | 48.1% | ||
| Q4 24 | -152.6% | — | ||
| Q3 24 | 345.9% | — | ||
| Q2 24 | -2.9% | — | ||
| Q1 24 | 150.1% | — |
| Q4 25 | $0.44 | $0.74 | ||
| Q3 25 | $0.46 | $0.63 | ||
| Q2 25 | $0.03 | $0.68 | ||
| Q1 25 | $0.87 | $0.39 | ||
| Q4 24 | $-0.62 | — | ||
| Q3 24 | $1.29 | — | ||
| Q2 24 | $-0.01 | — | ||
| Q1 24 | $0.51 | — |
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 | $35.0M |
| Total DebtLower is stronger | $2.3B | — |
| Stockholders' EquityBook value | $267.5M | $5.9B |
| Total Assets | $2.7B | $9.3B |
| Debt / EquityLower = less leverage | 8.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $41.6M | $35.0M | ||
| Q3 25 | $51.6M | $242.6M | ||
| Q2 25 | $40.5M | $66.6M | ||
| Q1 25 | $38.7M | $89.5M | ||
| Q4 24 | $40.8M | — | ||
| Q3 24 | $42.1M | — | ||
| Q2 24 | $44.0M | — | ||
| Q1 24 | $39.4M | — |
| 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 | $5.9B | ||
| Q3 25 | $264.2M | $5.9B | ||
| Q2 25 | $246.4M | $5.9B | ||
| Q1 25 | $251.5M | $5.9B | ||
| Q4 24 | $239.0M | — | ||
| Q3 24 | $265.1M | — | ||
| Q2 24 | $255.8M | — | ||
| Q1 24 | $263.3M | — |
| Q4 25 | $2.7B | $9.3B | ||
| Q3 25 | $2.6B | $9.0B | ||
| Q2 25 | $2.6B | $8.0B | ||
| Q1 25 | $2.7B | $7.2B | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.1B | — | ||
| Q1 24 | $2.3B | — |
| 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 | $-52.5M | $3.4B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | -4.64× | 27.97× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-52.5M | $3.4B | ||
| Q3 25 | $-173.4M | $123.1M | ||
| Q2 25 | $20.6M | $109.1M | ||
| Q1 25 | $-201.7M | $21.3M | ||
| Q4 24 | $-25.1M | — | ||
| Q3 24 | $-212.4M | — | ||
| Q2 24 | $-24.2M | — | ||
| Q1 24 | $40.2M | — |
| Q4 25 | -4.64× | 27.97× | ||
| Q3 25 | -15.19× | 1.17× | ||
| Q2 25 | 26.92× | 0.97× | ||
| Q1 25 | -9.83× | 0.53× | ||
| 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.
