vs
Side-by-side financial comparison of Ellington Financial Inc. (EFC) and JBG SMITH Properties (JBGS). Click either name above to swap in a different company.
JBG SMITH Properties is the larger business by last-quarter revenue ($127.6M vs $78.2M, roughly 1.6× Ellington Financial Inc.). Ellington Financial Inc. runs the higher net margin — 28.9% vs -35.7%, a 64.6% gap on every dollar of revenue. On growth, Ellington Financial Inc. posted the faster year-over-year revenue change (8.7% vs -2.5%). Over the past eight quarters, Ellington Financial Inc.'s revenue compounded faster (1.8% CAGR vs -6.3%).
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.
JBG SMITH PropertiesJBGSEarnings & Financial Report
JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland.
EFC vs JBGS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $78.2M | $127.6M |
| Net Profit | $22.6M | $-45.5M |
| Gross Margin | — | — |
| Operating Margin | 7.4% | -47.5% |
| Net Margin | 28.9% | -35.7% |
| Revenue YoY | 8.7% | -2.5% |
| Net Profit YoY | -26.2% | 24.0% |
| EPS (diluted) | $0.10 | $-0.76 |
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 | $78.2M | $127.6M | ||
| Q3 25 | $82.8M | $123.9M | ||
| Q2 25 | $92.5M | $126.5M | ||
| Q1 25 | $82.9M | $120.7M | ||
| Q4 24 | $72.0M | $130.8M | ||
| Q3 24 | $67.0M | $136.0M | ||
| Q2 24 | $91.2M | $135.3M | ||
| Q1 24 | $75.5M | $145.2M |
| Q4 25 | $22.6M | $-45.5M | ||
| Q3 25 | $29.5M | $-28.6M | ||
| Q2 25 | $42.9M | $-19.2M | ||
| Q1 25 | $31.6M | $-45.7M | ||
| Q4 24 | $30.7M | $-59.9M | ||
| Q3 24 | $16.2M | $-27.0M | ||
| Q2 24 | $52.3M | $-24.4M | ||
| Q1 24 | $26.9M | $-32.3M |
| Q4 25 | 7.4% | -47.5% | ||
| Q3 25 | 31.1% | -27.5% | ||
| Q2 25 | 38.3% | -18.4% | ||
| Q1 25 | 37.3% | -44.7% | ||
| Q4 24 | 28.0% | -53.6% | ||
| Q3 24 | 24.0% | -22.4% | ||
| Q2 24 | 52.8% | -24.3% | ||
| Q1 24 | 42.2% | -30.1% |
| Q4 25 | 28.9% | -35.7% | ||
| Q3 25 | 35.7% | -23.1% | ||
| Q2 25 | 46.4% | -15.2% | ||
| Q1 25 | 38.2% | -37.9% | ||
| Q4 24 | 42.6% | -45.8% | ||
| Q3 24 | 24.1% | -19.8% | ||
| Q2 24 | 57.4% | -18.0% | ||
| Q1 24 | 35.6% | -22.2% |
| Q4 25 | $0.10 | $-0.76 | ||
| Q3 25 | $0.29 | $-0.48 | ||
| Q2 25 | $0.45 | $-0.29 | ||
| Q1 25 | $0.35 | $-0.56 | ||
| Q4 24 | $0.23 | $-0.70 | ||
| Q3 24 | $0.19 | $-0.32 | ||
| Q2 24 | $0.62 | $-0.27 | ||
| Q1 24 | $0.32 | $-0.36 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $201.9M | $75.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.8B | $1.2B |
| Total Assets | $19.4B | $4.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $201.9M | $75.3M | ||
| Q3 25 | $184.8M | $64.4M | ||
| Q2 25 | $211.0M | $61.4M | ||
| Q1 25 | $203.3M | $81.3M | ||
| Q4 24 | $192.4M | $145.8M | ||
| Q3 24 | $217.7M | $137.0M | ||
| Q2 24 | $198.5M | $163.5M | ||
| Q1 24 | $187.5M | $220.5M |
| Q4 25 | $1.8B | $1.2B | ||
| Q3 25 | $1.8B | $1.2B | ||
| Q2 25 | $1.7B | $1.3B | ||
| Q1 25 | $1.6B | $1.6B | ||
| Q4 24 | $1.6B | $1.8B | ||
| Q3 24 | $1.6B | $1.9B | ||
| Q2 24 | $1.6B | $2.0B | ||
| Q1 24 | $1.5B | $2.1B |
| Q4 25 | $19.4B | $4.4B | ||
| Q3 25 | $17.8B | $4.4B | ||
| Q2 25 | $17.1B | $4.5B | ||
| Q1 25 | $16.6B | $4.7B | ||
| Q4 24 | $16.3B | $5.0B | ||
| Q3 24 | $16.0B | $5.2B | ||
| Q2 24 | $15.1B | $5.3B | ||
| Q1 24 | $15.1B | $5.4B |
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 | $-925.5M | $73.3M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 0.0% | — |
| Cash ConversionOCF / Net Profit | -40.92× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-925.5M | $73.3M | ||
| Q3 25 | $-290.4M | $8.9M | ||
| Q2 25 | $-210.5M | $18.8M | ||
| Q1 25 | $-126.4M | $12.9M | ||
| Q4 24 | $-430.5M | $129.4M | ||
| Q3 24 | $-141.7M | $26.4M | ||
| Q2 24 | $-88.6M | $23.8M | ||
| Q1 24 | $-59.5M | $37.0M |
| Q4 25 | 0.0% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 0.0% | — |
| 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.
