Arbor Realty Trust, Inc.
Real EstateNYSE:ABR · New York Stock Exchange
+$0.05 today
Vol 2.70M · Avg 3.92M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$1.2B of revenue converted into $119.0M of net income for the selected period. Gross margin is 92.6% and net margin is 9.8%, showing how much revenue survives after costs and taxes. EPS is $0.47, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B +93.0% | $627.5M -12.7% | $719.0M +9.9% | $654.1M -1.1% | $661.5M | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $74.4M +19.4% | $62.3M +9.0% | $57.2M +1.8% | $56.1M +21.2% | $46.3M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $1.1B +101.1% | $565.2M -14.6% | $661.9M +10.7% | $597.9M -2.8% | $615.2M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 93.9% +3.8pp | 90.1% -2.0pp | 92.1% +0.6pp | 91.4% -1.6pp | 93.0% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $233.9M +28.8% | $181.7M +13.7% | $159.8M -1.3% | $161.8M -5.8% | $171.8M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $233.7M +28.6% | $181.7M +13.7% | $159.8M -1.3% | $161.8M -5.8% | $171.8M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $23.2M -70.2% | $78.0M +7.1% | $72.8M +6.2% | $68.6M +4.2% | $65.8M | $374.2M | $1.2B | $631.8M |
| EBITDA | $901.7M -23.6% | $1.2B -16.0% | $1.4B +40.7% | $997.5M +42.1% | $701.9M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 74.5% -113.6pp | 188.0% -7.2pp | 195.3% +42.8pp | 152.5% +46.4pp | 106.1% | 5.6% | 46.3% | 42.0% |
| Operating Income | $902.8M +135.4% | $383.5M -23.6% | $502.1M +15.1% | $436.1M -1.6% | $443.4M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 74.6% +13.4pp | 61.1% -8.7pp | 69.8% +3.1pp | 66.7% -0.4pp | 67.0% | 16.6% | 24.1% | 22.0% |
| Interest Income | $940.0M -19.5% | $1.2B -12.3% | $1.3B +40.4% | $948.4M +103.5% | $466.1M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $701.8M -12.8% | $804.6M -10.9% | $903.2M +62.0% | $557.6M +163.0% | $212.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$726.2M -743.4% | -$86.1M -16.1% | -$74.2M -14.4% | -$64.8M -235.9% | -$19.3M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $176.6M -40.6% | $297.4M -30.5% | $427.9M +15.2% | $371.3M -12.4% | $424.1M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 14.6% -32.8pp | 47.4% -12.1pp | 59.5% +2.7pp | 56.8% -7.3pp | 64.1% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $18.8M +39.3% | $13.5M -50.7% | $27.3M +56.4% | $17.5M -62.2% | $46.3M | $1.3B | -$1.6B | $745.2M |
| Net Income | $148.8M -43.8% | $264.6M -28.8% | $371.4M +14.0% | $325.8M -4.0% | $339.3M | $4.9B | $4.8B | $4.7B |
| Net Margin | 12.3% -29.9pp | 42.2% -9.5pp | 51.7% +1.9pp | 49.8% -1.5pp | 51.3% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $1 -52.5% | $1 -34.1% | $2 +4.1% | $2 -25.2% | $2 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $1 -52.5% | $1 -32.6% | $2 +4.8% | $2 -26.8% | $2 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $193.0M +2.3% | $188.7M +2.2% | $184.6M +11.7% | $165.4M +20.0% | $137.8M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $209.7M +2.0% | $205.5M -6.1% | $218.8M +9.9% | $199.1M +27.6% | $156.1M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Agree Realty Corporation
NYSE:ADC
$9.11B
ARMOUR Residential REIT, Inc.
NYSE:ARR
$2.12B
Dynex Capital, Inc.
NYSE:DX
$1.96B
Apollo Commercial Real Estate Finance, Inc.
NYSE:ARI
$1.41B
Ellington Financial Inc.
NYSE:EFC
$1.36B
Ladder Capital Corp
NYSE:LADR
$1.29B
PennyMac Mortgage Investment Trust
NYSE:PMT
$882.49M
TPG RE Finance Trust, Inc.
NYSE:TRTX
$664.08M
Franklin BSP Realty Trust, Inc.
NYSE:FBRT
$642.64M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does ABR generate?
Arbor Realty Trust, Inc. (ABR) reported $1.21B of revenue in fiscal 2025.
Is ABR profitable?
Arbor Realty Trust, Inc. (ABR) reported $148.80M of net income, with a net margin of 12.3%.
Explore More
Continue the stock analysis
Jump to another research area for this company.