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Side-by-side financial comparison of Ellington Financial Inc. (EFC) and READING INTERNATIONAL INC (RDI). Click either name above to swap in a different company.
Ellington Financial Inc. is the larger business by last-quarter revenue ($78.2M vs $50.3M, roughly 1.6× READING INTERNATIONAL INC). Ellington Financial Inc. runs the higher net margin — 28.9% vs -5.1%, a 34.0% gap on every dollar of revenue. On growth, Ellington Financial Inc. posted the faster year-over-year revenue change (8.7% vs -14.2%). Over the past eight quarters, READING INTERNATIONAL INC's revenue compounded faster (5.6% 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.
The Reading Company was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.
EFC vs RDI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $78.2M | $50.3M |
| Net Profit | $22.6M | $-2.6M |
| Gross Margin | — | — |
| Operating Margin | 7.4% | -1.9% |
| Net Margin | 28.9% | -5.1% |
| Revenue YoY | 8.7% | -14.2% |
| Net Profit YoY | -26.2% | -14.5% |
| EPS (diluted) | $0.10 | $-0.11 |
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 | $50.3M | ||
| Q3 25 | $82.8M | $52.2M | ||
| Q2 25 | $92.5M | $60.4M | ||
| Q1 25 | $82.9M | $40.2M | ||
| Q4 24 | $72.0M | $58.6M | ||
| Q3 24 | $67.0M | $60.1M | ||
| Q2 24 | $91.2M | $46.8M | ||
| Q1 24 | $75.5M | $45.1M |
| Q4 25 | $22.6M | $-2.6M | ||
| Q3 25 | $29.5M | $-4.2M | ||
| Q2 25 | $42.9M | $-2.7M | ||
| Q1 25 | $31.6M | $-4.8M | ||
| Q4 24 | $30.7M | $-2.2M | ||
| Q3 24 | $16.2M | $-7.0M | ||
| Q2 24 | $52.3M | $-12.8M | ||
| Q1 24 | $26.9M | $-13.2M |
| Q4 25 | 7.4% | -1.9% | ||
| Q3 25 | 31.1% | -0.6% | ||
| Q2 25 | 38.3% | 4.8% | ||
| Q1 25 | 37.3% | -17.2% | ||
| Q4 24 | 28.0% | 2.6% | ||
| Q3 24 | 24.0% | -0.6% | ||
| Q2 24 | 52.8% | -16.4% | ||
| Q1 24 | 42.2% | -16.7% |
| Q4 25 | 28.9% | -5.1% | ||
| Q3 25 | 35.7% | -8.0% | ||
| Q2 25 | 46.4% | -4.4% | ||
| Q1 25 | 38.2% | -11.8% | ||
| Q4 24 | 42.6% | -3.8% | ||
| Q3 24 | 24.1% | -11.7% | ||
| Q2 24 | 57.4% | -27.4% | ||
| Q1 24 | 35.6% | -29.4% |
| Q4 25 | $0.10 | $-0.11 | ||
| Q3 25 | $0.29 | $-0.18 | ||
| Q2 25 | $0.45 | $-0.12 | ||
| Q1 25 | $0.35 | $-0.21 | ||
| Q4 24 | $0.23 | $-0.11 | ||
| Q3 24 | $0.19 | $-0.31 | ||
| Q2 24 | $0.62 | $-0.57 | ||
| Q1 24 | $0.32 | $-0.59 |
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 | $10.5M |
| Total DebtLower is stronger | — | $185.1M |
| Stockholders' EquityBook value | $1.8B | $-18.2M |
| Total Assets | $19.4B | $434.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $201.9M | $10.5M | ||
| Q3 25 | $184.8M | $8.1M | ||
| Q2 25 | $211.0M | $9.1M | ||
| Q1 25 | $203.3M | $5.9M | ||
| Q4 24 | $192.4M | $12.4M | ||
| Q3 24 | $217.7M | $10.1M | ||
| Q2 24 | $198.5M | $9.3M | ||
| Q1 24 | $187.5M | $7.5M |
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.8B | $-18.2M | ||
| Q3 25 | $1.8B | $-12.1M | ||
| Q2 25 | $1.7B | $-7.7M | ||
| Q1 25 | $1.6B | $-8.1M | ||
| Q4 24 | $1.6B | $-4.4M | ||
| Q3 24 | $1.6B | $1.6M | ||
| Q2 24 | $1.6B | $6.5M | ||
| Q1 24 | $1.5B | $18.0M |
| Q4 25 | $19.4B | $434.9M | ||
| Q3 25 | $17.8B | $435.2M | ||
| Q2 25 | $17.1B | $438.1M | ||
| Q1 25 | $16.6B | $441.0M | ||
| Q4 24 | $16.3B | $471.0M | ||
| Q3 24 | $16.0B | $495.7M | ||
| Q2 24 | $15.1B | $494.9M | ||
| Q1 24 | $15.1B | $494.9M |
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 | $4.3M |
| Free Cash FlowOCF − Capex | — | $4.1M |
| FCF MarginFCF / Revenue | — | 8.2% |
| Capex IntensityCapex / Revenue | 0.0% | 0.3% |
| Cash ConversionOCF / Net Profit | -40.92× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-2.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-925.5M | $4.3M | ||
| Q3 25 | $-290.4M | $295.0K | ||
| Q2 25 | $-210.5M | $1.6M | ||
| Q1 25 | $-126.4M | $-7.7M | ||
| Q4 24 | $-430.5M | $8.0M | ||
| Q3 24 | $-141.7M | $1.3M | ||
| Q2 24 | $-88.6M | $-10.4M | ||
| Q1 24 | $-59.5M | $-2.8M |
| Q4 25 | — | $4.1M | ||
| Q3 25 | — | $-246.0K | ||
| Q2 25 | — | $1.2M | ||
| Q1 25 | — | $-8.0M | ||
| Q4 24 | — | $7.0M | ||
| Q3 24 | — | $-1.1M | ||
| Q2 24 | — | $-10.6M | ||
| Q1 24 | — | $-4.7M |
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | -0.5% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | -19.8% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | -1.8% | ||
| Q2 24 | — | -22.7% | ||
| Q1 24 | — | -10.4% |
| Q4 25 | 0.0% | 0.3% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | 0.0% | 1.7% | ||
| Q3 24 | 0.0% | 4.0% | ||
| Q2 24 | 0.0% | 0.5% | ||
| Q1 24 | 0.0% | 4.3% |
| 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
Segment breakdown not available.
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
