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New York Mortgage Trust (NYMT) Financials

New York Mortgage Trust logo
$7.10 +0.05 (+0.64%)
As of 10:07 AM Eastern
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Annual Income Statements for New York Mortgage Trust

Annual Income Statements for New York Mortgage Trust

This table shows New York Mortgage Trust's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 -341 -90 -104
Consolidated Net Income / (Loss)		 -325 -43 -127
Net Income / (Loss) Continuing Operations		 -341 -78 -94
Total Pre-Tax Income 		-325 -43 -126
Total Revenue		 -120 137 268
Net Interest Income / (Expense)		 129 67 401
Total Interest Income		 129 67 401
Total Interest Expense		 0.00 0.00 0.00
Total Non-Interest Income		 -249 70 -134
Other Service Charges		 -262 -39 29
Net Realized & Unrealized Capital Gains on Investments		 -114 -31 -163
Total Non-Interest Expense		 204 179 410
Other Operating Expenses		 77 155 370
Depreciation Expense		 127 25 40
Nonoperating Income / (Expense), net		 - - 16
Income Tax Expense		 0.54 0.08 1.04
Preferred Stock Dividends Declared		 42 41 42
Net Income / (Loss) Attributable to Noncontrolling Interest		 -42 -29 -32
Basic Earnings per Share		 ($3.61) ($0.99) ($1.14)
Weighted Average Basic Shares Outstanding		 94.32M 91.04M 90.82M
Diluted Earnings per Share		 ($3.61) ($0.99) ($1.14)
Weighted Average Diluted Shares Outstanding		 94.32M 91.04M 90.82M
Weighted Average Basic & Diluted Shares Outstanding		 365.64M 91.23M 90.57M
Cash Dividends to Common per Share		 $1.60 $1.20 $0.80

Quarterly Income Statements for New York Mortgage Trust

This table shows New York Mortgage Trust's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 -126 -48 11 -37 -95 31 -68 -26 65 -74
Consolidated Net Income / (Loss)		 -117 -29 23 -23 -129 87 -80 -18 43 -72
Net Income / (Loss) Continuing Operations		 -118 -43 14 -31 -94 33 -80 -24 40 -30
Total Pre-Tax Income 		-117 -28 23 -23 -129 87 -80 -18 43 -71
Total Revenue		 94 -204 70 25 40 1.90 -56 31 128 165
Net Interest Income / (Expense)		 30 22 18 15 17 17 0.00 19 20 362
Total Interest Income		 69 -66 57 15 17 -23 0.00 19 108 274
Total Interest Expense		 39 -89 39 0.00 0.00 -39 0.00 0.00 88 -88
Total Non-Interest Income		 64 -226 52 9.96 23 -15 -56 12 108 -197
Net Realized & Unrealized Capital Gains on Investments		 16 16 -8.95 -7.76 -11 -3.13 -56 -13 35 -129
Total Non-Interest Expense		 56 -34 47 49 109 -26 24 48 88 250
Other Operating Expenses		 23 -40 41 42 103 -32 24 36 69 240
Income Tax Expense		 -0.33 0.80 0.02 -0.02 -0.06 0.13 -0.11 0.34 2.33 -1.52
Preferred Stock Dividends Declared		 10 10 10 10 10 10 10 10 10 10
Net Income / (Loss) Attributable to Noncontrolling Interest		 -2.62 -5.64 -6.70 -3.89 -9.36 -9.18 -22 -8.49 -2.38 1.11
Basic Earnings per Share		 ($1.33) ($0.51) $0.12 ($0.41) ($1.04) $0.35 ($0.75) ($0.29) $0.36 ($0.82)
Weighted Average Basic Shares Outstanding		 94.27M 94.32M 91.31M 91.19M 90.98M 91.04M 91.12M 90.99M 90.58M 90.82M
Diluted Earnings per Share		 ($1.33) ($0.51) $0.11 ($0.41) ($1.04) $0.35 ($0.75) ($0.29) $0.36 ($0.82)
Weighted Average Diluted Shares Outstanding		 94.27M 94.32M 91.67M 91.19M 90.98M 91.04M 91.12M 90.99M 90.59M 90.82M
Basic & Diluted Earnings per Share		 - ($0.51) - - - $0.35 - - - ($0.82)
Weighted Average Basic & Diluted Shares Outstanding		 371.06M 365.64M 91.18M 91.25M 90.68M 91.23M 91.23M 90.58M 90.58M 90.57M
Cash Dividends to Common per Share		 $0.10 $0.51 $0.40 $0.30 $0.30 $0.41 $0.20 $0.20 $0.20 $0.31

Annual Cash Flow Statements for New York Mortgage Trust

This table details how cash moves in and out of New York Mortgage Trust's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 43 -50 -1.62
Net Cash From Operating Activities		 92 30 14
Net Cash From Continuing Operating Activities		 92 30 14
Net Income / (Loss) Continuing Operations		 -341 -78 -94
Consolidated Net Income / (Loss)		 -341 -78 -94
Depreciation Expense		 127 25 40
Amortization Expense		 26 28 20
Non-Cash Adjustments to Reconcile Net Income		 294 72 63
Changes in Operating Assets and Liabilities, net		 -15 -17 -15
Net Cash From Investing Activities		 -509 -1,220 -2,244
Net Cash From Continuing Investing Activities		 -509 -1,220 -2,235
Purchase of Property, Leasehold Improvements and Equipment		 -209 -50 -25
Acquisitions		 -28 -52 -1.50
Purchase of Investment Securities		 -1,939 -2,603 -4,077
Divestitures		 137 231 164
Sale and/or Maturity of Investments		 1,531 1,283 1,637
Other Investing Activities, net		 0.00 -27 67
Net Cash From Financing Activities		 460 1,140 2,229
Net Cash From Continuing Financing Activities		 460 1,140 2,229
Issuance of Debt		 973 -149 1,356
Repayment of Debt		 -253 -46 -61
Repurchase of Preferred Equity		 0.00 -2.44 0.00
Repurchase of Common Equity		 -44 -8.62 -3.49
Payment of Dividends		 -193 -171 -117
Other Financing Activities, Net		 -23 1,517 1,054
Cash Interest Paid		 161 250 345
Cash Income Taxes Paid		 2.67 0.23 -0.03

Quarterly Cash Flow Statements for New York Mortgage Trust

This table details how cash moves in and out of New York Mortgage Trust's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Change in Cash & Equivalents		 -72 -99 -38 2.47 9.96 -25 60 -23 -36 -2.97
Net Cash From Operating Activities		 5.17 8.41 -11 -0.10 28 13 -13 -0.99 -0.92 29
Net Cash From Continuing Operating Activities		 5.17 8.41 -11 -0.10 28 13 -13 -0.99 -0.92 29
Net Income / (Loss) Continuing Operations		 -118 -43 14 -31 -94 33 -80 -24 40 -30
Consolidated Net Income / (Loss)		 -118 -43 14 -31 -94 33 -80 -24 40 -30
Depreciation Expense		 33 5.91 6.04 6.13 6.20 6.25 13 12 8.13 6.88
Amortization Expense		 5.90 7.41 7.74 7.21 6.43 6.12 2.31 6.67 5.70 5.55
Non-Cash Adjustments to Reconcile Net Income		 88 51 -21 16 99 -22 57 5.91 -46 45
Changes in Operating Assets and Liabilities, net		 -3.79 -12 -18 1.19 10 -10 -5.21 -1.72 -9.59 1.48
Net Cash From Investing Activities		 311 291 57 -121 -758 -397 -254 -572 -834 -584
Net Cash From Continuing Investing Activities		 311 291 57 -121 -758 -397 -254 -572 -834 -575
Purchase of Property, Leasehold Improvements and Equipment		 -23 -13 -18 -15 -12 -5.61 -5.99 -7.57 -7.64 -3.45
Purchase of Investment Securities		 -104 -67 -215 -646 -1,127 -615 -603 -930 -1,333 -1,211
Divestitures		 48 30 1.11 188 1.80 39 4.82 14 96 50
Sale and/or Maturity of Investments		 391 370 292 335 358 298 315 349 468 505
Other Investing Activities, net		 - - -2.49 16 21 -62 34 3.36 -57 86
Net Cash From Financing Activities		 -388 -399 -84 124 740 360 327 551 799 552
Net Cash From Continuing Financing Activities		 -388 -399 -84 124 740 360 327 551 799 552
Issuance of Debt		 233 231 14 -14 - -149 501 303 311 240
Repayment of Debt		 -74 115 -91 -169 -63 276 -183 -159 -134 415
Payment of Dividends		 -49 -48 -48 -47 -38 -38 -31 -29 -29 -29
Other Financing Activities, Net		 -484 -674 46 354 847 270 39 439 650 -74
Cash Interest Paid		 45 55 55 61 59 75 75 82 92 96
Cash Income Taxes Paid		 0.17 2.40 0.00 0.24 0.03 -0.04 0.15 -0.25 - 0.07

Annual Balance Sheets for New York Mortgage Trust

This table presents New York Mortgage Trust's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Total Assets		 6,241 7,401 9,217
Cash and Due from Banks		 245 187 167
Trading Account Securities		 3,804 5,245 7,784
Loans and Leases, Net of Allowance		 0.00 0.00 0.00
Other Assets		 2,192 1,969 1,266
Total Liabilities & Shareholders' Equity		 6,241 7,401 9,217
Total Liabilities		 4,377 5,773 7,806
Short-Term Debt		 737 2,471 4,012
Long-Term Debt		 2,640 2,798 3,549
Other Long-Term Liabilities		 1,000 504 245
Commitments & Contingencies		 0.00 0.00 0.00
Redeemable Noncontrolling Interest		 64 28 12
Total Equity & Noncontrolling Interests		 1,800 1,600 1,399
Total Preferred & Common Equity		 1,767 1,580 1,395
Preferred Stock		 538 535 535
Total Common Equity		 1,229 1,044 859
Common Stock		 2,284 2,298 2,290
Retained Earnings		 -1,053 -1,254 -1,431
Accumulated Other Comprehensive Income / (Loss)		 -1.97 -0.00 0.00
Noncontrolling Interest		 33 20 4.06

Quarterly Balance Sheets for New York Mortgage Trust

This table presents New York Mortgage Trust's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024
Total Assets		 6,769 6,170 6,279 6,938 7,447 8,229 8,906
Cash and Due from Banks		 355 228 232 228 227 236 195
Trading Account Securities		 4,242 3,769 4,040 4,850 5,482 6,411 7,309
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other Assets		 2,173 2,174 2,007 1,859 1,737 1,582 1,402
Total Liabilities & Shareholders' Equity		 6,769 6,170 6,279 6,938 7,447 8,229 8,906
Total Liabilities		 4,788 4,347 4,525 5,321 5,927 6,764 7,434
Short-Term Debt		 1,215 788 1,145 1,995 2,512 2,952 3,611
Long-Term Debt		 2,500 2,569 2,527 2,443 3,182 3,346 3,499
Other Long-Term Liabilities		 1,073 990 854 884 233 466 324
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest		 28 54 35 21 20 23 22
Total Equity & Noncontrolling Interests		 1,954 1,769 1,719 1,596 1,499 1,442 1,450
Total Preferred & Common Equity		 1,918 1,738 1,691 1,575 1,485 1,432 1,444
Preferred Stock		 538 538 537 535 535 535 535
Total Common Equity		 1,379 1,200 1,154 1,040 950 896 909
Common Stock		 2,347 2,280 2,300 2,308 2,290 2,282 2,280
Retained Earnings		 -966 -1,079 -1,144 -1,266 -1,341 -1,385 -1,371
Accumulated Other Comprehensive Income / (Loss)		 -2.05 -1.38 -1.76 -1.83 0.00 0.00 0.00
Noncontrolling Interest		 37 31 28 20 14 9.75 5.99

Annual Metrics And Ratios for New York Mortgage Trust

This table displays calculated financial ratios and metrics derived from New York Mortgage Trust's official financial filings.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - -
Revenue Growth		 -148.16% 213.58% 95.62%
EBITDA Growth		 -188.90% 105.60% -956.77%
EBIT Growth		 -328.98% 86.91% -235.20%
NOPAT Growth		 -262.56% 86.91% -235.20%
Net Income Growth		 -287.74% 86.91% -199.44%
EPS Growth		 -287.74% 72.58% -15.15%
Operating Cash Flow Growth		 -33.93% -67.37% -53.02%
Free Cash Flow Firm Growth		 103.61% -5,918.92% -29.00%
Invested Capital Growth		 -4.66% 31.60% 30.09%
Revenue Q/Q Growth		 -164.63% 299.23% 155.99%
EBITDA Q/Q Growth		 -362.48% 105.17% -378.81%
EBIT Q/Q Growth		 -260.37% 82.24% -368.36%
NOPAT Q/Q Growth		 -260.37% 73.02% -445.54%
Net Income Q/Q Growth		 -17.65% 73.10% -508.05%
EPS Q/Q Growth		 -17.65% 46.77% -5,800.00%
Operating Cash Flow Q/Q Growth		 -36.39% 18.46% 815.72%
Free Cash Flow Firm Q/Q Growth		 102.99% -260.69% 12.98%
Invested Capital Q/Q Growth		 -8.00% 13.93% 4.55%
Profitability Metrics		 - - -
EBITDA Margin		 0.00% 7.03% -30.79%
EBIT Margin		 0.00% -31.06% -53.22%
Profit (Net Income) Margin		 0.00% -31.11% -47.62%
Tax Burden Percent		 100.17% 100.18% 100.82%
Interest Burden Percent		 100.00% 100.00% 88.76%
Effective Tax Rate		 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% -0.49% -1.26%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% -0.79% -1.69%
Return on Net Nonoperating Assets (RNNOA)		 0.00% -1.95% -7.13%
Return on Equity (ROE)		 -15.14% -2.44% -8.39%
Cash Return on Invested Capital (CROIC)		 0.54% -27.78% -27.41%
Operating Return on Assets (OROA)		 0.00% -0.62% -1.71%
Return on Assets (ROA)		 0.00% -0.62% -1.53%
Return on Common Equity (ROCE)		 -10.69% -1.59% -5.25%
Return on Equity Simple (ROE_SIMPLE)		 -18.41% -2.70% -9.14%
Net Operating Profit after Tax (NOPAT)		 -227 -30 -100
NOPAT Margin		 0.00% -21.74% -37.25%
Net Nonoperating Expense Percent (NNEP)		 3.04% 0.30% 0.43%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 0.00% 131.06% 153.22%
Earnings before Interest and Taxes (EBIT)		 -325 -43 -142
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -172 9.62 -82
Valuation Ratios		 - - -
Price to Book Value (P/BV)		 0.60 0.65 0.64
Price to Tangible Book Value (P/TBV)		 0.60 0.65 0.64
Price to Revenue (P/Rev)		 0.00 4.97 2.05
Price to Earnings (P/E)		 0.00 0.00 0.00
Dividend Yield		 20.15% 15.99% 13.20%
Earnings Yield		 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.86 0.92 0.95
Enterprise Value to Revenue (EV/Rev)		 0.00 46.38 31.73
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 659.74 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 49.07 211.89 603.71
Enterprise Value to Free Cash Flow (EV/FCFF)		 155.43 0.00 0.00
Leverage & Solvency		 - - -
Debt to Equity		 1.81 3.24 5.36
Long-Term Debt to Equity		 1.42 1.72 2.52
Financial Leverage		 1.50 2.48 4.22
Leverage Ratio		 2.77 3.91 5.47
Compound Leverage Factor		 2.77 3.91 4.85
Debt to Total Capital		 64.43% 76.39% 84.27%
Short-Term Debt to Total Capital		 14.06% 35.83% 44.72%
Long-Term Debt to Total Capital		 50.37% 40.57% 39.56%
Preferred Equity to Total Capital		 10.27% 7.76% 5.97%
Noncontrolling Interests to Total Capital		 1.85% 0.70% 0.18%
Common Equity to Total Capital		 23.45% 15.14% 9.58%
Debt to EBITDA		 -19.66 547.73 -91.74
Net Debt to EBITDA		 -18.24 528.28 -89.71
Long-Term Debt to EBITDA		 -15.37 290.86 -43.06
Debt to NOPAT		 -14.86 -177.11 -75.82
Net Debt to NOPAT		 -13.78 -170.83 -74.15
Long-Term Debt to NOPAT		 -11.61 -94.05 -35.59
Noncontrolling Interest Sharing Ratio		 29.43% 34.91% 37.37%
Liquidity Ratios		 - - -
Cash Flow Metrics		 - - -
Free Cash Flow to Firm (FCFF)		 29 -1,686 -2,175
Operating Cash Flow to CapEx		 43.84% 59.42% 57.09%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00
Efficiency Ratios		 - - -
Asset Turnover		 0.00 0.02 0.03
Fixed Asset Turnover		 0.00 0.00 0.00
Capital & Investment Metrics		 - - -
Invested Capital		 5,241 6,897 8,973
Invested Capital Turnover		 0.00 0.02 0.03
Increase / (Decrease) in Invested Capital		 -256 1,656 2,075
Enterprise Value (EV)		 4,504 6,347 8,495
Market Capitalization		 737 681 549
Book Value per Share		 $3.31 $11.51 $9.49
Tangible Book Value per Share		 $3.31 $11.51 $9.49
Total Capital		 5,241 6,897 8,973
Total Debt		 3,377 5,269 7,561
Total Long-Term Debt		 2,640 2,798 3,549
Net Debt		 3,132 5,082 7,394
Capital Expenditures (CapEx)		 209 50 25
Net Nonoperating Expense (NNE)		 98 13 28
Net Nonoperating Obligations (NNO)		 3,377 5,269 7,561
Total Depreciation and Amortization (D&A)		 153 52 60
Earnings Adjustments		 - - -
Adjusted Basic Earnings per Share		 ($3.60) ($0.99) ($1.14)
Adjusted Weighted Average Basic Shares Outstanding		 94.32M 91.04M 90.82M
Adjusted Diluted Earnings per Share		 ($3.60) ($0.99) ($1.14)
Adjusted Weighted Average Diluted Shares Outstanding		 94.32M 91.04M 90.82M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 91.41M 91.23M 90.57M
Normalized Net Operating Profit after Tax (NOPAT)		 -227 -30 -100
Normalized NOPAT Margin		 0.00% -21.74% -37.25%
Pre Tax Income Margin		 0.00% -31.06% -47.23%
Debt Service Ratios		 - - -
EBIT to Interest Expense		 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00
Payout Ratios		 - - -
Dividend Payout Ratio		 -59.39% -400.93% -91.54%
Augmented Payout Ratio		 -73.04% -421.16% -94.28%

Quarterly Metrics And Ratios for New York Mortgage Trust

This table displays calculated financial ratios and metrics derived from New York Mortgage Trust's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 122.37% -297.19% 487.85% 247.89% -57.85% 100.94% -179.42% 22.23% 222.32% 8,567.80%
EBITDA Growth		 178.27% -292.33% 168.68% 74.19% -173.74% 125.50% -277.16% 110.86% 194.78% -281.46%
EBIT Growth		 168.70% -359.61% 124.29% 76.26% -281.57% 116.19% -447.84% 24.10% 157.65% -408.60%
NOPAT Growth		 92.56% -132.21% 134.68% 76.26% -281.57% 536.08% -343.66% 24.10% 183.19% -157.71%
Net Income Growth		 -327.76% -248.35% 125.94% 74.19% -10.38% 396.84% -447.60% 22.59% 133.30% -183.44%
EPS Growth		 -327.76% -248.35% 112.36% 52.33% 21.80% 168.63% -781.82% 29.27% 134.62% -334.29%
Operating Cash Flow Growth		 22.91% -86.19% -129.87% -100.25% 448.70% 55.48% -15.14% -883.17% -103.25% 122.62%
Free Cash Flow Firm Growth		 -271.52% 126.81% 164.25% 163.52% 53.79% -763.95% -274.66% -244.47% -512.99% -35.38%
Invested Capital Growth		 18.89% -4.66% -18.46% -23.24% 6.27% 31.60% 39.25% 43.09% 41.76% 30.09%
Revenue Q/Q Growth		 1,203.58% -316.54% 134.48% -64.26% 57.94% -95.20% -352.37% 155.01% 316.48% 29.18%
EBITDA Q/Q Growth		 296.64% -302.39% 123.59% -127.49% -461.89% 169.97% -2,147.50% 101.69% 4,803.55% -233.97%
EBIT Q/Q Growth		 138.73% -542.52% 113.60% -201.86% -196.26% 139.46% -772.64% 77.77% 325.04% -311.22%
NOPAT Q/Q Growth		 138.73% -174.06% 215.98% -171.35% -196.26% 277.88% -212.30% 77.77% 424.71% -223.41%
Net Income Q/Q Growth		 -28.36% 74.99% 178.94% -201.86% -448.98% 167.24% -260.21% 77.32% 336.15% -268.50%
EPS Q/Q Growth		 -28.36% 74.99% 121.57% -472.73% -153.66% 133.65% -314.29% 61.33% 224.14% -327.78%
Operating Cash Flow Q/Q Growth		 -87.08% 62.65% -235.57% 99.11% 28,198.02% -53.91% -200.39% 92.44% 7.15% 3,257.92%
Free Cash Flow Firm Q/Q Growth		 65.70% 126.92% 405.93% 35.98% -124.95% -286.79% -30.06% -12.48% -5.87% 14.58%
Invested Capital Q/Q Growth		 -19.41% -8.00% -1.15% 4.73% 11.58% 13.93% 4.59% 7.61% 10.55% 4.55%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 81.99% 0.00% 52.43% -40.32% -143.45% 2,089.60% 0.00% 3.58% 42.18% -43.75%
EBIT Margin		 40.70% 0.00% 32.80% -93.47% -175.32% 1,440.23% 0.00% -58.04% 31.36% -51.28%
Profit (Net Income) Margin		 -123.96% 0.00% 32.78% -93.39% -324.64% 4,544.54% 0.00% -59.15% 33.54% -43.75%
Tax Burden Percent		 99.72% 102.84% 99.93% 99.92% 99.96% 99.85% 99.86% 101.92% 100.14% 101.21%
Interest Burden Percent		 -305.43% 16.74% 100.00% 100.00% 185.24% 316.03% 100.00% 100.00% 106.81% 84.30%
Effective Tax Rate		 0.00% 0.00% 0.07% 0.00% 0.00% 0.15% 0.00% 0.00% 5.43% 0.00%
Return on Invested Capital (ROIC)		 1.01% 0.00% 0.00% 0.00% 0.00% 102.47% 0.00% -0.10% 0.45% -1.02%
ROIC Less NNEP Spread (ROIC-NNEP)		 -3.65% 0.00% 0.00% 0.00% 0.00% 102.47% 0.00% -0.22% 0.49% -1.37%
Return on Net Nonoperating Assets (RNNOA)		 -5.17% 0.00% 0.00% 0.00% 0.00% 253.70% 0.00% -0.67% 1.85% -5.77%
Return on Equity (ROE)		 -4.16% -15.14% -10.35% -7.46% -8.80% 356.17% 0.00% -0.77% 2.30% -6.80%
Cash Return on Invested Capital (CROIC)		 -18.46% 0.54% 17.76% 24.67% -7.96% -27.78% -34.45% -36.93% -34.15% -27.41%
Operating Return on Assets (OROA)		 1.30% 0.00% 0.00% 0.00% 0.00% 28.90% 0.00% -0.13% 0.41% -1.65%
Return on Assets (ROA)		 -3.96% 0.00% 0.00% 0.00% 0.00% 91.18% 0.00% -0.13% 0.44% -1.41%
Return on Common Equity (ROCE)		 -3.57% -10.69% -7.22% -5.16% -5.91% 231.83% 0.00% -0.49% 1.45% -4.26%
Return on Equity Simple (ROE_SIMPLE)		 -14.42% 0.00% -12.29% -8.64% -10.05% 0.00% -9.80% -9.80% 2.16% 0.00%
Net Operating Profit after Tax (NOPAT)		 27 -20 23 -16 -49 87 -56 -12 40 -50
NOPAT Margin		 28.49% 0.00% 32.78% -65.43% -122.73% 4,544.54% 0.00% -40.63% 31.67% -30.26%
Net Nonoperating Expense Percent (NNEP)		 4.67% 0.29% 0.00% 0.16% 1.96% 0.00% 0.53% 0.11% -0.04% 0.35%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 59.30% 0.00% 67.20% 193.47% 275.32% -1,340.23% 0.00% 158.04% 68.64% 151.28%
Earnings before Interest and Taxes (EBIT)		 38 -169 23 -23 -69 27 -80 -18 40 -85
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 77 -156 37 -10 -57 40 -65 1.10 54 -72
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 0.51 0.60 0.66 0.70 0.66 0.65 0.66 0.59 0.63 0.64
Price to Tangible Book Value (P/TBV)		 0.51 0.60 0.66 0.70 0.66 0.65 0.66 0.59 0.63 0.64
Price to Revenue (P/Rev)		 3.79 0.00 0.00 0.00 0.00 4.97 57.99 32.37 5.48 2.05
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 299.10 0.00
Dividend Yield		 21.40% 20.15% 18.60% 21.52% 18.52% 15.99% 14.38% 15.41% 12.64% 13.20%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.33% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.82 0.86 0.88 0.89 0.90 0.92 0.92 0.92 0.94 0.95
Enterprise Value to Revenue (EV/Rev)		 25.04 0.00 0.00 0.00 0.00 46.38 612.91 435.30 77.00 31.73
Enterprise Value to EBITDA (EV/EBITDA)		 71.34 0.00 0.00 0.00 0.00 659.74 0.00 0.00 272.37 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 279.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 32.35 49.07 107.58 2,330.00 216.55 211.89 236.22 262.07 0.00 603.71
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 155.43 4.43 3.14 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 1.87 1.81 1.84 2.09 2.74 3.24 3.75 4.30 4.83 5.36
Long-Term Debt to Equity		 1.26 1.42 1.41 1.44 1.51 1.72 2.09 2.28 2.38 2.52
Financial Leverage		 1.41 1.50 1.80 2.19 2.27 2.48 2.71 3.10 3.74 4.22
Leverage Ratio		 2.69 2.77 3.08 3.47 3.81 3.91 4.07 4.51 5.13 5.47
Compound Leverage Factor		 -8.21 0.46 3.08 3.47 7.06 12.35 4.07 4.51 5.48 4.61
Debt to Total Capital		 65.21% 64.43% 64.81% 67.68% 73.30% 76.39% 78.94% 81.13% 82.85% 84.27%
Short-Term Debt to Total Capital		 21.33% 14.06% 15.21% 21.11% 32.95% 35.83% 34.82% 38.03% 42.08% 44.72%
Long-Term Debt to Total Capital		 43.88% 50.37% 49.60% 46.57% 40.35% 40.57% 44.12% 43.10% 40.77% 39.56%
Preferred Equity to Total Capital		 9.45% 10.27% 10.38% 9.90% 8.84% 7.76% 7.42% 6.90% 6.24% 5.97%
Noncontrolling Interests to Total Capital		 1.13% 1.85% 1.66% 1.16% 0.68% 0.70% 0.47% 0.42% 0.32% 0.18%
Common Equity to Total Capital		 24.21% 23.45% 23.16% 21.27% 17.18% 15.14% 13.17% 11.55% 10.59% 9.58%
Debt to EBITDA		 56.77 -19.66 -41.27 -70.26 -23.83 547.73 -61.63 -77.58 240.52 -91.74
Net Debt to EBITDA		 51.34 -18.24 -38.47 -65.82 -22.60 528.28 -59.17 -74.68 233.92 -89.71
Long-Term Debt to EBITDA		 38.20 -15.37 -31.58 -48.35 -13.12 290.86 -34.44 -41.21 118.37 -43.06
Debt to NOPAT		 -58.90 -14.86 -22.52 -36.01 -40.25 -177.11 -55.86 -64.28 246.37 -75.82
Net Debt to NOPAT		 -53.26 -13.78 -20.99 -33.73 -38.18 -170.83 -53.63 -61.88 239.61 -74.15
Long-Term Debt to NOPAT		 -39.63 -11.61 -17.24 -24.78 -22.15 -94.05 -31.22 -34.15 121.25 -35.59
Noncontrolling Interest Sharing Ratio		 13.98% 29.43% 30.23% 30.87% 32.78% 34.91% 0.00% 36.30% 36.91% 37.37%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -878 236 1,196 1,627 -406 -1,570 -2,089 -2,350 -2,488 -2,125
Operating Cash Flow to CapEx		 22.41% 65.97% -62.87% -0.68% 239.75% 233.22% -219.27% -13.12% -12.07% 843.21%
Free Cash Flow to Firm to Interest Expense		 -22.78 0.00 30.41 0.00 0.00 0.00 0.00 0.00 -28.23 0.00
Operating Cash Flow to Interest Expense		 0.13 0.00 -0.29 0.00 0.00 0.00 0.00 0.00 -0.01 0.00
Operating Cash Flow Less CapEx to Interest Expense		 -0.46 0.00 -0.75 0.00 0.00 0.00 0.00 0.00 -0.10 0.00
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.03 0.00 0.00 0.00 0.00 0.02 0.00 0.00 0.01 0.03
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 5,697 5,241 5,181 5,425 6,054 6,897 7,214 7,763 8,582 8,973
Invested Capital Turnover		 0.04 0.00 0.00 0.00 0.00 0.02 0.00 0.00 0.01 0.03
Increase / (Decrease) in Invested Capital		 905 -256 -1,173 -1,643 357 1,656 2,033 2,338 2,528 2,075
Enterprise Value (EV)		 4,668 4,504 4,539 4,844 5,476 6,347 6,668 7,164 8,052 8,495
Market Capitalization		 706 737 786 805 690 681 631 533 573 549
Book Value per Share		 $3.65 $3.31 $3.28 $12.65 $11.39 $11.51 $10.42 $9.83 $10.03 $9.49
Tangible Book Value per Share		 $3.65 $3.31 $3.28 $12.65 $11.39 $11.51 $10.42 $9.83 $10.03 $9.49
Total Capital		 5,697 5,241 5,181 5,425 6,054 6,897 7,214 7,763 8,582 8,973
Total Debt		 3,715 3,377 3,357 3,672 4,437 5,269 5,694 6,298 7,110 7,561
Total Long-Term Debt		 2,500 2,640 2,569 2,527 2,443 2,798 3,182 3,346 3,499 3,549
Net Debt		 3,360 3,132 3,130 3,439 4,209 5,082 5,467 6,063 6,915 7,394
Capital Expenditures (CapEx)		 23 13 18 15 12 5.61 5.99 7.57 7.64 3.45
Net Nonoperating Expense (NNE)		 143 9.31 0.00 7.02 80 0.00 24 5.68 -2.38 22
Net Nonoperating Obligations (NNO)		 3,715 3,377 3,357 3,672 4,437 5,269 5,694 6,298 7,110 7,561
Total Depreciation and Amortization (D&A)		 39 13 14 13 13 12 15 19 14 12
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($1.32) ($2.04) $0.12 ($0.41) ($1.04) $0.35 ($0.75) ($0.29) $0.36 ($0.82)
Adjusted Weighted Average Basic Shares Outstanding		 94.27M 23.58M 91.31M 91.19M 90.98M 91.04M 91.12M 90.99M 90.58M 90.82M
Adjusted Diluted Earnings per Share		 ($1.32) ($2.04) $0.11 ($0.41) ($1.04) $0.35 ($0.75) ($0.29) $0.36 ($0.82)
Adjusted Weighted Average Diluted Shares Outstanding		 94.27M 23.58M 91.67M 91.19M 90.98M 91.04M 91.12M 90.99M 90.59M 90.82M
Adjusted Basic & Diluted Earnings per Share		 $0.00 ($2.04) $0.00 $0.00 $0.00 $0.35 $0.00 $0.00 $0.00 ($0.82)
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 92.77M 91.41M 91.18M 91.25M 90.68M 91.23M 91.23M 90.58M 90.58M 90.57M
Normalized Net Operating Profit after Tax (NOPAT)		 27 -20 23 -16 -49 87 -56 -12 48 -50
Normalized NOPAT Margin		 28.49% 0.00% 32.78% -65.43% -122.73% 4,544.54% 0.00% -40.63% 37.47% -30.26%
Pre Tax Income Margin		 -124.31% 0.00% 32.80% -93.47% -324.78% 4,551.52% 0.00% -58.04% 33.49% -43.23%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.99 0.00 0.59 0.00 0.00 0.00 0.00 0.00 0.45 0.00
NOPAT to Interest Expense		 0.69 0.00 0.59 0.00 0.00 0.00 0.00 0.00 0.46 0.00
EBIT Less CapEx to Interest Expense		 0.39 0.00 0.12 0.00 0.00 0.00 0.00 0.00 0.37 0.00
NOPAT Less CapEx to Interest Expense		 0.10 0.00 0.12 0.00 0.00 0.00 0.00 0.00 0.37 0.00
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 -70.58% -59.39% -90.51% -131.16% -114.38% -400.93% -105.39% -96.29% 402.58% -91.54%
Augmented Payout Ratio		 -78.48% -73.04% -112.99% -158.85% -134.07% -421.16% -108.83% -102.35% 413.76% -94.28%

Key Financial Trends

New York Mortgage Trust (NASDAQ: NYMTL) has experienced significant volatility in its financial performance over the last several years, notably showing fluctuating income, expenses, and equity levels based on the latest quarterly data and historical financials.

Positive trends and highlights:

  • In Q4 2023, the company reported a positive consolidated net income of $86.5 million, compared to significant losses in some other recent quarters, showing potential for earnings recovery.
  • Net interest income has rebounded from negative or near-zero amounts in some quarters of 2024 to positive values, like $361.9 million in Q4 2024, indicating improving core interest earnings.
  • The company maintained steady cash dividends to common shareholders ranging between $0.1 to $0.4 per share over the last four years, providing regular returns to investors despite earnings fluctuations.
  • Total equity increased notably from approximately $1.54 billion at Q3 2023 to about $1.45 billion at Q3 2024, reflecting ongoing capitalization efforts despite operating losses.

Neutral observations:

  • The company's cash and cash equivalents have generally fluctuated between roughly $195 million and $355 million, indicating a moderate but variable liquidity position typical for a mortgage trust.
  • Trading account securities, which form a major part of total assets (over $4 billion in various quarters), show consistent activity but their value moves with market conditions.
  • Net cash from operating activities has swung between positive and negative values, with larger negative values in earlier 2024 quarters and a positive $29.1 million in Q4 2024, suggesting variable operating cash flow performance.

Negative trends and concerns:

  • NYMTL showed a net loss attributable to common shareholders of $74.2 million in Q4 2024 and significant quarterly net losses in many recent quarters, indicating ongoing profitability challenges.
  • The company reported large net realized and unrealized capital losses on investments in Q4 2024 (-$128.8 million), which has negatively impacted total non-interest income and overall revenue.
  • Total non-interest expenses have been substantial, with $249.7 million reported in Q4 2024, which is higher than the total revenue, pressuring pre-tax income and net profitability.
  • Q4 2024 total pre-tax income was negative $71.3 million, continuing a trend of quarterly losses since Q1 2024.
  • There have been ongoing substantial repayments of debt (over $414.5 million in Q4 2024) which, along with high interest expenses ($88.1 million in Q4 2024), could indicate refinancing or leverage management challenges.
  • Retained earnings remain deeply negative, around -$1.37 billion as of Q3 2024, reflecting accumulated losses that may restrict reinvestment capacity or future dividend payments.

Summary: New York Mortgage Trust has exhibited a challenging financial landscape characterized by substantial net losses and negative retained earnings in recent quarters, driven in part by large capital losses and high expenses. However, improvements in net interest income and occasional quarters of strong earnings suggest some operational recovery. Investors should closely monitor the company's ability to manage expenses, improve investment returns, and stabilize profitability while managing its sizable debt load.

08/29/25 10:08 AM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About New York Mortgage Trust's Financials

When does New York Mortgage Trust's financial year end?

According to the most recent income statement we have on file, New York Mortgage Trust's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has New York Mortgage Trust's net income changed over the last 2 years?

New York Mortgage Trust's net income appears to be on a downward trend, with a most recent value of -$127.49 million in 2024, falling from -$325.26 million in 2022. The previous period was -$42.58 million in 2023. View New York Mortgage Trust's forecast to see where analysts expect New York Mortgage Trust to go next.

How has New York Mortgage Trust's revenue changed over the last 2 years?

Over the last 2 years, New York Mortgage Trust's total revenue changed from -$120.49 million in 2022 to $267.71 million in 2024, a change of -322.2%.

How much debt does New York Mortgage Trust have?

New York Mortgage Trust's total liabilities were at $7.81 billion at the end of 2024, a 35.2% increase from 2023, and a 78.4% increase since 2022.

How much cash does New York Mortgage Trust have?

In the past 2 years, New York Mortgage Trust's cash and equivalents has ranged from $167.42 million in 2024 to $244.72 million in 2022, and is currently $167.42 million as of their latest financial filing in 2024.

How has New York Mortgage Trust's book value per share changed over the last 2 years?

Over the last 2 years, New York Mortgage Trust's book value per share changed from 3.31 in 2022 to 9.49 in 2024, a change of 186.5%.


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This page (NASDAQ:NYMT) was last updated on 8/29/2025 by MarketBeat.com Staff
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