vs

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

WisdomTree, Inc. is the larger business by last-quarter revenue ($147.4M vs $78.2M, roughly 1.9× Ellington Financial Inc.). Ellington Financial Inc. runs the higher net margin — 28.9% vs 27.1%, a 1.8% gap on every dollar of revenue. On growth, WisdomTree, Inc. posted the faster year-over-year revenue change (33.2% vs 8.7%). Over the past eight quarters, WisdomTree, Inc.'s revenue compounded faster (23.4% 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.

WisdomTree, Inc. is a global exchange-traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager with headquarters in New York. WisdomTree launched its first ETFs in June 2006, and became one of the major ETF providers in the United States. WisdomTree sponsors different ETFs that span asset classes and countries worldwide. Categories include: U.S. and International Equity, Currency, Fixed Income and Alternatives.

EFC vs WT — Head-to-Head

Bigger by revenue
WT
WT
1.9× larger
WT
$147.4M
$78.2M
EFC
Growing faster (revenue YoY)
WT
WT
+24.5% gap
WT
33.2%
8.7%
EFC
Higher net margin
EFC
EFC
1.8% more per $
EFC
28.9%
27.1%
WT
Faster 2-yr revenue CAGR
WT
WT
Annualised
WT
23.4%
1.8%
EFC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EFC
EFC
WT
WT
Revenue
$78.2M
$147.4M
Net Profit
$22.6M
$40.0M
Gross Margin
Operating Margin
7.4%
40.5%
Net Margin
28.9%
27.1%
Revenue YoY
8.7%
33.2%
Net Profit YoY
-26.2%
46.6%
EPS (diluted)
$0.10
$0.28

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
WT
WT
Q4 25
$78.2M
$147.4M
Q3 25
$82.8M
$125.6M
Q2 25
$92.5M
$112.6M
Q1 25
$82.9M
$108.1M
Q4 24
$72.0M
$110.7M
Q3 24
$67.0M
$113.2M
Q2 24
$91.2M
$107.0M
Q1 24
$75.5M
$96.8M
Net Profit
EFC
EFC
WT
WT
Q4 25
$22.6M
$40.0M
Q3 25
$29.5M
$19.7M
Q2 25
$42.9M
$24.8M
Q1 25
$31.6M
$24.6M
Q4 24
$30.7M
$27.3M
Q3 24
$16.2M
$-4.5M
Q2 24
$52.3M
$21.8M
Q1 24
$26.9M
$22.1M
Operating Margin
EFC
EFC
WT
WT
Q4 25
7.4%
40.5%
Q3 25
31.1%
36.3%
Q2 25
38.3%
30.8%
Q1 25
37.3%
31.6%
Q4 24
28.0%
31.7%
Q3 24
24.0%
36.0%
Q2 24
52.8%
31.3%
Q1 24
42.2%
28.9%
Net Margin
EFC
EFC
WT
WT
Q4 25
28.9%
27.1%
Q3 25
35.7%
15.7%
Q2 25
46.4%
22.0%
Q1 25
38.2%
22.8%
Q4 24
42.6%
24.7%
Q3 24
24.1%
-4.0%
Q2 24
57.4%
20.3%
Q1 24
35.6%
22.8%
EPS (diluted)
EFC
EFC
WT
WT
Q4 25
$0.10
$0.28
Q3 25
$0.29
$0.13
Q2 25
$0.45
$0.17
Q1 25
$0.35
$0.17
Q4 24
$0.23
$0.20
Q3 24
$0.19
$-0.13
Q2 24
$0.62
$0.13
Q1 24
$0.32
$0.13

Balance Sheet & Financial Strength

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

Metric
EFC
EFC
WT
WT
Cash + ST InvestmentsLiquidity on hand
$201.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.8B
$413.7M
Total Assets
$19.4B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EFC
EFC
WT
WT
Q4 25
$201.9M
Q3 25
$184.8M
Q2 25
$211.0M
Q1 25
$203.3M
Q4 24
$192.4M
Q3 24
$217.7M
Q2 24
$198.5M
$132.5M
Q1 24
$187.5M
$116.9M
Stockholders' Equity
EFC
EFC
WT
WT
Q4 25
$1.8B
$413.7M
Q3 25
$1.8B
$373.4M
Q2 25
$1.7B
$445.1M
Q1 25
$1.6B
$415.6M
Q4 24
$1.6B
$400.0M
Q3 24
$1.6B
$374.9M
Q2 24
$1.6B
$445.6M
Q1 24
$1.5B
$423.2M
Total Assets
EFC
EFC
WT
WT
Q4 25
$19.4B
$1.5B
Q3 25
$17.8B
$1.4B
Q2 25
$17.1B
$1.1B
Q1 25
$16.6B
$1.0B
Q4 24
$16.3B
$1.0B
Q3 24
$16.0B
$1.0B
Q2 24
$15.1B
$964.1M
Q1 24
$15.1B
$931.7M

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
WT
WT
Operating Cash FlowLast quarter
$-925.5M
$147.9M
Free Cash FlowOCF − Capex
$147.7M
FCF MarginFCF / Revenue
100.2%
Capex IntensityCapex / Revenue
0.0%
0.1%
Cash ConversionOCF / Net Profit
-40.92×
3.70×
TTM Free Cash FlowTrailing 4 quarters
$240.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EFC
EFC
WT
WT
Q4 25
$-925.5M
$147.9M
Q3 25
$-290.4M
$48.1M
Q2 25
$-210.5M
$38.8M
Q1 25
$-126.4M
$6.4M
Q4 24
$-430.5M
$113.5M
Q3 24
$-141.7M
$47.7M
Q2 24
$-88.6M
$32.2M
Q1 24
$-59.5M
$-1.0M
Free Cash Flow
EFC
EFC
WT
WT
Q4 25
$147.7M
Q3 25
$48.0M
Q2 25
$38.7M
Q1 25
$6.3M
Q4 24
$113.3M
Q3 24
$47.7M
Q2 24
$32.2M
Q1 24
$-1.1M
FCF Margin
EFC
EFC
WT
WT
Q4 25
100.2%
Q3 25
38.2%
Q2 25
34.4%
Q1 25
5.9%
Q4 24
102.4%
Q3 24
42.1%
Q2 24
30.1%
Q1 24
-1.1%
Capex Intensity
EFC
EFC
WT
WT
Q4 25
0.0%
0.1%
Q3 25
0.0%
Q2 25
0.1%
Q1 25
0.0%
Q4 24
0.0%
0.1%
Q3 24
0.0%
0.0%
Q2 24
0.0%
0.0%
Q1 24
0.0%
0.1%
Cash Conversion
EFC
EFC
WT
WT
Q4 25
-40.92×
3.70×
Q3 25
-9.84×
2.44×
Q2 25
-4.90×
1.57×
Q1 25
-3.99×
0.26×
Q4 24
-14.04×
4.15×
Q3 24
-8.76×
Q2 24
-1.69×
1.48×
Q1 24
-2.21×
-0.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EFC
EFC

Segment breakdown not available.

WT
WT

Investment Advisory Management And Administrative Service$122.7M83%
Other Services Income$12.7M9%
IE$11.5M8%

Related Comparisons