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Side-by-side financial comparison of Ellington Financial Inc. (EFC) and Elme Communities (ELME). Click either name above to swap in a different company.

Ellington Financial Inc. is the larger business by last-quarter revenue ($78.2M vs $62.1M, roughly 1.3× Elme Communities). Ellington Financial Inc. runs the higher net margin — 28.9% vs -198.9%, a 227.8% gap on every dollar of revenue. On growth, Ellington Financial Inc. posted the faster year-over-year revenue change (8.7% vs 1.7%). Over the past eight quarters, Elme Communities's revenue compounded faster (2.7% CAGR vs 1.8%).

Ellington Management Group is an American hedge fund firm. As of June 2019, the firm was reportedly managing $8.5 billion in structured products and other credit instruments.

Elme Communities is a publicly traded U.S. real estate investment trust that primarily owns, operates and develops high-quality multifamily residential communities. It focuses on key growth markets across the U.S. Mid-Atlantic and Southeast, offering affordable to mid-tier housing options for diverse renter groups.

EFC vs ELME — Head-to-Head

Bigger by revenue
EFC
EFC
1.3× larger
EFC
$78.2M
$62.1M
ELME
Growing faster (revenue YoY)
EFC
EFC
+7.0% gap
EFC
8.7%
1.7%
ELME
Higher net margin
EFC
EFC
227.8% more per $
EFC
28.9%
-198.9%
ELME
Faster 2-yr revenue CAGR
ELME
ELME
Annualised
ELME
2.7%
1.8%
EFC

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
EFC
EFC
ELME
ELME
Revenue
$78.2M
$62.1M
Net Profit
$22.6M
$-123.5M
Gross Margin
61.1%
Operating Margin
7.4%
-183.3%
Net Margin
28.9%
-198.9%
Revenue YoY
8.7%
1.7%
Net Profit YoY
-26.2%
-4058.7%
EPS (diluted)
$0.10
$-1.40

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
EFC
EFC
ELME
ELME
Q4 25
$78.2M
Q3 25
$82.8M
$62.1M
Q2 25
$92.5M
$62.1M
Q1 25
$82.9M
$61.5M
Q4 24
$72.0M
$61.3M
Q3 24
$67.0M
$61.1M
Q2 24
$91.2M
$60.1M
Q1 24
$75.5M
$59.5M
Net Profit
EFC
EFC
ELME
ELME
Q4 25
$22.6M
Q3 25
$29.5M
$-123.5M
Q2 25
$42.9M
$-3.6M
Q1 25
$31.6M
$-4.7M
Q4 24
$30.7M
$-3.0M
Q3 24
$16.2M
$-3.0M
Q2 24
$52.3M
$-3.5M
Q1 24
$26.9M
$-3.6M
Gross Margin
EFC
EFC
ELME
ELME
Q4 25
Q3 25
61.1%
Q2 25
63.5%
Q1 25
64.2%
Q4 24
62.9%
Q3 24
63.5%
Q2 24
63.4%
Q1 24
63.5%
Operating Margin
EFC
EFC
ELME
ELME
Q4 25
7.4%
Q3 25
31.1%
-183.3%
Q2 25
38.3%
9.6%
Q1 25
37.3%
7.8%
Q4 24
28.0%
10.4%
Q3 24
24.0%
11.0%
Q2 24
52.8%
9.8%
Q1 24
42.2%
7.5%
Net Margin
EFC
EFC
ELME
ELME
Q4 25
28.9%
Q3 25
35.7%
-198.9%
Q2 25
46.4%
-5.7%
Q1 25
38.2%
-7.6%
Q4 24
42.6%
-4.9%
Q3 24
24.1%
-4.9%
Q2 24
57.4%
-5.8%
Q1 24
35.6%
-6.1%
EPS (diluted)
EFC
EFC
ELME
ELME
Q4 25
$0.10
Q3 25
$0.29
$-1.40
Q2 25
$0.45
$-0.04
Q1 25
$0.35
$-0.05
Q4 24
$0.23
$-0.04
Q3 24
$0.19
$-0.03
Q2 24
$0.62
$-0.04
Q1 24
$0.32
$-0.04

Balance Sheet & Financial Strength

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

Metric
EFC
EFC
ELME
ELME
Cash + ST InvestmentsLiquidity on hand
$201.9M
$7.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.8B
$908.9M
Total Assets
$19.4B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EFC
EFC
ELME
ELME
Q4 25
$201.9M
Q3 25
$184.8M
$7.1M
Q2 25
$211.0M
$4.8M
Q1 25
$203.3M
$6.4M
Q4 24
$192.4M
$6.1M
Q3 24
$217.7M
$4.8M
Q2 24
$198.5M
$5.6M
Q1 24
$187.5M
$4.2M
Stockholders' Equity
EFC
EFC
ELME
ELME
Q4 25
$1.8B
Q3 25
$1.8B
$908.9M
Q2 25
$1.7B
$1.0B
Q1 25
$1.6B
$1.1B
Q4 24
$1.6B
$1.1B
Q3 24
$1.6B
$1.1B
Q2 24
$1.6B
$1.1B
Q1 24
$1.5B
$1.1B
Total Assets
EFC
EFC
ELME
ELME
Q4 25
$19.4B
Q3 25
$17.8B
$1.7B
Q2 25
$17.1B
$1.8B
Q1 25
$16.6B
$1.8B
Q4 24
$16.3B
$1.8B
Q3 24
$16.0B
$1.9B
Q2 24
$15.1B
$1.9B
Q1 24
$15.1B
$1.9B

Cash Flow & Capital Efficiency

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

Metric
EFC
EFC
ELME
ELME
Operating Cash FlowLast quarter
$-925.5M
$15.9M
Free Cash FlowOCF − Capex
$7.2M
FCF MarginFCF / Revenue
11.6%
Capex IntensityCapex / Revenue
0.0%
14.0%
Cash ConversionOCF / Net Profit
-40.92×
TTM Free Cash FlowTrailing 4 quarters
$86.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EFC
EFC
ELME
ELME
Q4 25
$-925.5M
Q3 25
$-290.4M
$15.9M
Q2 25
$-210.5M
$29.8M
Q1 25
$-126.4M
$16.2M
Q4 24
$-430.5M
$95.2M
Q3 24
$-141.7M
$20.7M
Q2 24
$-88.6M
$28.9M
Q1 24
$-59.5M
$21.2M
Free Cash Flow
EFC
EFC
ELME
ELME
Q4 25
Q3 25
$7.2M
Q2 25
$21.1M
Q1 25
$10.5M
Q4 24
$47.9M
Q3 24
$8.8M
Q2 24
$21.0M
Q1 24
$7.6M
FCF Margin
EFC
EFC
ELME
ELME
Q4 25
Q3 25
11.6%
Q2 25
34.1%
Q1 25
17.1%
Q4 24
78.1%
Q3 24
14.4%
Q2 24
34.9%
Q1 24
12.8%
Capex Intensity
EFC
EFC
ELME
ELME
Q4 25
0.0%
Q3 25
14.0%
Q2 25
14.0%
Q1 25
9.2%
Q4 24
0.0%
77.4%
Q3 24
0.0%
19.4%
Q2 24
0.0%
13.1%
Q1 24
0.0%
22.9%
Cash Conversion
EFC
EFC
ELME
ELME
Q4 25
-40.92×
Q3 25
-9.84×
Q2 25
-4.90×
Q1 25
-3.99×
Q4 24
-14.04×
Q3 24
-8.76×
Q2 24
-1.69×
Q1 24
-2.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EFC
EFC

Segment breakdown not available.

ELME
ELME

Residential Segment$57.7M93%
Other$4.4M7%

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