vs

Side-by-side financial comparison of Ellington Financial Inc. (EFC) and Strawberry Fields REIT, Inc. (STRW). Click either name above to swap in a different company.

Ellington Financial Inc. is the larger business by last-quarter revenue ($78.2M vs $40.1M, roughly 2.0× Strawberry Fields REIT, Inc.). Ellington Financial Inc. runs the higher net margin — 28.9% vs 5.0%, a 23.9% gap on every dollar of revenue. On growth, Strawberry Fields REIT, Inc. posted the faster year-over-year revenue change (31.5% vs 8.7%). Over the past eight quarters, Strawberry Fields REIT, Inc.'s revenue compounded faster (20.0% 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.

Strawberry Fields REIT, Inc. is a real estate investment trust focused on healthcare-related real estate assets. It owns, operates and manages skilled nursing facilities, senior living communities, and medical office buildings, primarily serving markets across the United States for healthcare providers and elderly care operators.

EFC vs STRW — Head-to-Head

Bigger by revenue
EFC
EFC
2.0× larger
EFC
$78.2M
$40.1M
STRW
Growing faster (revenue YoY)
STRW
STRW
+22.8% gap
STRW
31.5%
8.7%
EFC
Higher net margin
EFC
EFC
23.9% more per $
EFC
28.9%
5.0%
STRW
Faster 2-yr revenue CAGR
STRW
STRW
Annualised
STRW
20.0%
1.8%
EFC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EFC
EFC
STRW
STRW
Revenue
$78.2M
$40.1M
Net Profit
$22.6M
$2.0M
Gross Margin
Operating Margin
7.4%
52.4%
Net Margin
28.9%
5.0%
Revenue YoY
8.7%
31.5%
Net Profit YoY
-26.2%
37.6%
EPS (diluted)
$0.10
$0.15

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
STRW
STRW
Q4 25
$78.2M
$40.1M
Q3 25
$82.8M
$39.7M
Q2 25
$92.5M
$37.9M
Q1 25
$82.9M
$37.3M
Q4 24
$72.0M
$30.5M
Q3 24
$67.0M
$29.5M
Q2 24
$91.2M
$29.3M
Q1 24
$75.5M
$27.8M
Net Profit
EFC
EFC
STRW
STRW
Q4 25
$22.6M
$2.0M
Q3 25
$29.5M
$2.0M
Q2 25
$42.9M
$2.0M
Q1 25
$31.6M
$1.6M
Q4 24
$30.7M
$1.5M
Q3 24
$16.2M
$944.0K
Q2 24
$52.3M
$938.0K
Q1 24
$26.9M
$746.0K
Operating Margin
EFC
EFC
STRW
STRW
Q4 25
7.4%
52.4%
Q3 25
31.1%
56.6%
Q2 25
38.3%
54.5%
Q1 25
37.3%
54.1%
Q4 24
28.0%
51.5%
Q3 24
24.0%
54.4%
Q2 24
52.8%
52.3%
Q1 24
42.2%
51.3%
Net Margin
EFC
EFC
STRW
STRW
Q4 25
28.9%
5.0%
Q3 25
35.7%
5.1%
Q2 25
46.4%
5.2%
Q1 25
38.2%
4.2%
Q4 24
42.6%
4.8%
Q3 24
24.1%
3.2%
Q2 24
57.4%
3.2%
Q1 24
35.6%
2.7%
EPS (diluted)
EFC
EFC
STRW
STRW
Q4 25
$0.10
$0.15
Q3 25
$0.29
$0.16
Q2 25
$0.45
$0.16
Q1 25
$0.35
$0.13
Q4 24
$0.23
$0.17
Q3 24
$0.19
$0.14
Q2 24
$0.62
$0.14
Q1 24
$0.32
$0.12

Balance Sheet & Financial Strength

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

Metric
EFC
EFC
STRW
STRW
Cash + ST InvestmentsLiquidity on hand
$201.9M
$31.8M
Total DebtLower is stronger
$794.7M
Stockholders' EquityBook value
$1.8B
$12.1M
Total Assets
$19.4B
$885.2M
Debt / EquityLower = less leverage
65.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EFC
EFC
STRW
STRW
Q4 25
$201.9M
$31.8M
Q3 25
$184.8M
$19.8M
Q2 25
$211.0M
$96.3M
Q1 25
$203.3M
$42.3M
Q4 24
$192.4M
$48.4M
Q3 24
$217.7M
$29.3M
Q2 24
$198.5M
$16.1M
Q1 24
$187.5M
$15.1M
Total Debt
EFC
EFC
STRW
STRW
Q4 25
$794.7M
Q3 25
$779.4M
Q2 25
$794.1M
Q1 25
$715.5M
Q4 24
$673.9M
Q3 24
$584.5M
Q2 24
$555.0M
Q1 24
$560.4M
Stockholders' Equity
EFC
EFC
STRW
STRW
Q4 25
$1.8B
$12.1M
Q3 25
$1.8B
$14.2M
Q2 25
$1.7B
$15.5M
Q1 25
$1.6B
$19.6M
Q4 24
$1.6B
$18.2M
Q3 24
$1.6B
$12.6M
Q2 24
$1.6B
$7.4M
Q1 24
$1.5B
$7.5M
Total Assets
EFC
EFC
STRW
STRW
Q4 25
$19.4B
$885.2M
Q3 25
$17.8B
$880.6M
Q2 25
$17.1B
$897.3M
Q1 25
$16.6B
$834.8M
Q4 24
$16.3B
$787.6M
Q3 24
$16.0B
$661.5M
Q2 24
$15.1B
$635.9M
Q1 24
$15.1B
$634.9M
Debt / Equity
EFC
EFC
STRW
STRW
Q4 25
65.64×
Q3 25
54.70×
Q2 25
51.26×
Q1 25
36.47×
Q4 24
37.09×
Q3 24
46.34×
Q2 24
74.61×
Q1 24
74.81×

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
STRW
STRW
Operating Cash FlowLast quarter
$-925.5M
$90.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
-40.92×
44.62×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EFC
EFC
STRW
STRW
Q4 25
$-925.5M
$90.0M
Q3 25
$-290.4M
$20.7M
Q2 25
$-210.5M
$29.8M
Q1 25
$-126.4M
$19.0M
Q4 24
$-430.5M
$59.3M
Q3 24
$-141.7M
$11.8M
Q2 24
$-88.6M
$20.6M
Q1 24
$-59.5M
$2.1M
Capex Intensity
EFC
EFC
STRW
STRW
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%
Cash Conversion
EFC
EFC
STRW
STRW
Q4 25
-40.92×
44.62×
Q3 25
-9.84×
10.26×
Q2 25
-4.90×
15.24×
Q1 25
-3.99×
11.97×
Q4 24
-14.04×
40.44×
Q3 24
-8.76×
12.53×
Q2 24
-1.69×
21.93×
Q1 24
-2.21×
2.85×

Financial Flow Comparison

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

Related Comparisons