EFC
Ellington Financial margins
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- NYSE: EFC
- Margins
Using the latest TTM figures, Ellington Financial shows a gross margin of 89.9%, an operating margin of 38.7%, an EBITDA margin of 47.8%, and a net margin of 46.9%. Operating margin drove the available margin improvements with a 4.7 percentage-point increase, while gross margin declined by 1.3 percentage points.
EFC margin history
Looking back over the last 3 years, Ellington Financial recorded average margins of 91.28% gross, 34.75% operating, 43.68% EBITDA, and 43.15% net. The current figures show operating, EBITDA, and net margins are above their three-year averages, while gross margin is below its three-year average.
EFC margin expansion
Operating margin expanded by 4.7 percentage points, but gross margin contracted by 1.3 percentage points, EBITDA margin by 0.1 percentage points, and net margin by 0.1 percentage points.
EFC Gross margin
Looking back over the last 3 years, Ellington Financial recorded an average gross margin of 91.28%. Ellington Financial's current gross margin is 89.9% and is 1.4 percentage points below its three-year average. The highest gross margin for Ellington Financial was 92.8% in Jun 2024, while the lowest was 89.3% in Mar 2026.
EFC Operating margin
Over the last 3 years, Ellington Financial had an average operating margin of 34.75%. Ellington Financial's current operating margin is 38.7% and is 4 percentage points above its three-year average. Looking back over the last 3 years, Ellington Financial's operating margin reached 38.7% at its highest point in Sep 2026 and 29.1% at its lowest in Dec 2025.
EFC EBITDA margin
Over the last 3 years, Ellington Financial's EBITDA margin averaged 43.68%. The current EBITDA margin of 47.8% is 4.1 percentage points above its three-year average. During this period, EBITDA margin reached a high of 51.4% in Mar 2026 and a low of 27.1% in Mar 2024.
EFC Net margin
Ellington Financial's net margin averaged 43.15% across the past 3 years. Right now, the current net margin for Ellington Financial is 46.9%, 3.8 percentage points above its three-year average. Over the last 3 years, Ellington Financial's net margin peaked at 50.3% in Mar 2026 and reached a low of 26.9% in Mar 2024.
EFC margin group comparison
Ellington Financial's gross margin of 89.9% is above the Real Estate sector, the industry and its peers average. Compared to its Real Estate sector average of 61.2%, Ellington Financial's gross margin is 47% higher.
EFC margin peer comparison
Frequently asked questions
What is Ellington Financial's gross margin?
For the period ending Sep 30, 2026, EFC recorded a gross margin of 89.9%.
What is Ellington Financial's operating margin?
The current operating margin for EFC is 38.7% as of Sep 30, 2026.
What is Ellington Financial's EBITDA margin?
As of Sep 30, 2026, EFC has an EBITDA margin of 47.8%.
What is Ellington Financial's net margin?
The current net margin for EFC is 46.9% as of Sep 30, 2026.
What are the average margins of EFC?
Over the last 3 years, Ellington Financial's margins averaged 91.3% gross, 34.8% operating, 43.7% EBITDA, and 43.2% net.
What are the highest historical margins of EFC?
Ellington Financial's highest recorded margins during the past 5 years were 92.8% gross in Jun 2024, 56% operating in Dec 2021, 90.4% EBITDA in Dec 2021, and 88.4% net in Dec 2021.
What are the lowest historical margins of EFC?
In the last 5 years, the lowest margins reported by EFC were -25.1% gross in Sep 2022, -341.8% operating in Sep 2022, -504.9% EBITDA in Sep 2022, and -404.7% net in Sep 2022.