Annual Income Statements for Arbor Realty Trust
This table shows Arbor Realty Trust's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Arbor Realty Trust
This table shows Arbor Realty 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 |
Q1 2025 |
| Net Income / (Loss) Attributable to Common Shareholders |
|
63 |
88 |
84 |
76 |
78 |
92 |
58 |
47 |
58 |
60 |
30 |
| Consolidated Net Income / (Loss) |
|
79 |
107 |
102 |
93 |
95 |
110 |
73 |
62 |
74 |
75 |
43 |
| Net Income / (Loss) Continuing Operations |
|
82 |
108 |
102 |
95 |
95 |
110 |
73 |
62 |
74 |
75 |
46 |
| Total Pre-Tax Income |
|
77 |
116 |
96 |
95 |
100 |
114 |
75 |
60 |
76 |
78 |
54 |
| Total Revenue |
|
134 |
198 |
182 |
174 |
177 |
189 |
161 |
153 |
157 |
152 |
134 |
| Net Interest Income / (Expense) |
|
99 |
113 |
109 |
109 |
107 |
104 |
104 |
88 |
89 |
83 |
75 |
| Total Interest Income |
|
260 |
321 |
328 |
336 |
336 |
331 |
321 |
297 |
287 |
263 |
241 |
| Investment Securities Interest Income |
|
260 |
321 |
328 |
336 |
336 |
331 |
321 |
297 |
287 |
263 |
241 |
| Total Interest Expense |
|
160 |
208 |
219 |
227 |
229 |
227 |
218 |
209 |
198 |
180 |
165 |
| Long-Term Debt Interest Expense |
|
160 |
208 |
219 |
227 |
229 |
227 |
218 |
209 |
198 |
180 |
165 |
| Total Non-Interest Income |
|
35 |
84 |
73 |
65 |
69 |
85 |
57 |
65 |
68 |
69 |
59 |
| Service Charges on Deposit Accounts |
|
- |
- |
18 |
16 |
14 |
- |
10 |
- |
13 |
- |
8.13 |
| Other Service Charges |
|
37 |
-119 |
4.88 |
0.05 |
0.17 |
209 |
2.33 |
48 |
4.04 |
138 |
4.42 |
| Net Realized & Unrealized Capital Gains on Investments |
|
-1.55 |
41 |
19 |
15 |
18 |
26 |
11 |
17 |
19 |
18 |
16 |
| Other Non-Interest Income |
|
- |
- |
31 |
34 |
37 |
- |
33 |
- |
31 |
- |
30 |
| Total Non-Interest Expense |
|
57 |
81 |
86 |
79 |
76 |
75 |
85 |
94 |
81 |
74 |
80 |
| Salaries and Employee Benefits |
|
39 |
42 |
42 |
41 |
40 |
36 |
48 |
43 |
45 |
46 |
46 |
| Net Occupancy & Equipment Expense |
|
0.37 |
0.69 |
1.38 |
1.37 |
1.48 |
1.67 |
1.68 |
1.58 |
1.69 |
2.45 |
3.47 |
| Other Operating Expenses |
|
16 |
36 |
39 |
34 |
33 |
34 |
33 |
47 |
33 |
23 |
27 |
| Depreciation Expense |
|
2.08 |
2.64 |
2.62 |
2.39 |
2.29 |
2.45 |
2.57 |
2.42 |
1.94 |
2.62 |
3.74 |
| Income Tax Expense |
|
-0.37 |
4.32 |
8.03 |
5.55 |
5.85 |
7.91 |
3.59 |
3.90 |
5.23 |
0.75 |
3.59 |
| Other Gains / (Losses), net |
|
4.75 |
-4.26 |
14 |
5.56 |
0.81 |
3.59 |
1.42 |
6.61 |
3.18 |
-1.62 |
-4.44 |
| Other Adjustments to Consolidated Net Income / (Loss) |
|
-3.26 |
- |
- |
-1.25 |
-0.31 |
- |
- |
- |
0.00 |
- |
-2.32 |
| Preferred Stock Dividends Declared |
|
10 |
10 |
10 |
10 |
10 |
10 |
10 |
10 |
10 |
10 |
10 |
| Net Income / (Loss) Attributable to Noncontrolling Interest |
|
6.00 |
8.23 |
7.59 |
6.83 |
6.79 |
7.92 |
5.00 |
4.09 |
5.03 |
5.16 |
2.60 |
| Basic Earnings per Share |
|
$0.37 |
$0.50 |
$0.47 |
$0.42 |
$0.42 |
$0.48 |
$0.31 |
$0.25 |
$0.31 |
$0.31 |
$0.16 |
| Weighted Average Basic Shares Outstanding |
|
170.23M |
165.36M |
181.12M |
181.82M |
187.02M |
184.64M |
188.71M |
188.66M |
188.51M |
188.70M |
190.06M |
| Diluted Earnings per Share |
|
$0.36 |
$0.50 |
$0.46 |
$0.41 |
$0.41 |
$0.47 |
$0.31 |
$0.25 |
$0.31 |
$0.31 |
$0.16 |
| Weighted Average Diluted Shares Outstanding |
|
205.87M |
199.11M |
214.91M |
216.06M |
221.33M |
218.84M |
222.93M |
205.49M |
205.35M |
205.53M |
206.86M |
| Weighted Average Basic & Diluted Shares Outstanding |
|
171.52M |
179.82M |
181.16M |
186.50M |
188.50M |
188.51M |
188.51M |
188.55M |
188.61M |
189.51M |
192.16M |
| Cash Dividends to Common per Share |
|
$0.39 |
- |
$0.40 |
$0.42 |
$0.43 |
- |
$0.43 |
$0.43 |
$0.43 |
- |
$0.43 |
Annual Cash Flow Statements for Arbor Realty Trust
This table details how cash moves in and out of Arbor Realty Trust's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
| Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Net Change in Cash & Equivalents |
|
138 |
-69 |
76 |
97 |
170 |
26 |
354 |
357 |
289 |
-877 |
| Net Cash From Operating Activities |
|
36 |
-199 |
460 |
-38 |
-227 |
55 |
217 |
1,100 |
236 |
462 |
| Net Cash From Continuing Operating Activities |
|
36 |
-199 |
460 |
-38 |
-227 |
55 |
217 |
1,100 |
236 |
462 |
| Net Income / (Loss) Continuing Operations |
|
53 |
62 |
98 |
148 |
155 |
196 |
378 |
354 |
401 |
284 |
| Consolidated Net Income / (Loss) |
|
53 |
62 |
98 |
148 |
155 |
196 |
378 |
354 |
401 |
284 |
| Provision For Loan Losses |
|
4.47 |
2.10 |
-0.72 |
12 |
1.15 |
76 |
-27 |
23 |
89 |
80 |
| Depreciation Expense |
|
5.44 |
5.02 |
7.39 |
7.45 |
7.51 |
7.64 |
7.22 |
8.73 |
9.74 |
9.56 |
| Amortization Expense |
|
1.58 |
26 |
52 |
57 |
54 |
52 |
56 |
46 |
59 |
68 |
| Non-Cash Adjustments to Reconcile Net Income |
|
-31 |
-287 |
306 |
-252 |
-432 |
-284 |
-121 |
712 |
-249 |
90 |
| Changes in Operating Assets and Liabilities, net |
|
2.63 |
-7.07 |
-1.95 |
-11 |
-12 |
6.94 |
-76 |
-44 |
-74 |
-70 |
| Net Cash From Investing Activities |
|
25 |
-197 |
-907 |
-682 |
-995 |
-1,157 |
-6,750 |
-2,317 |
1,879 |
1,152 |
| Net Cash From Continuing Investing Activities |
|
25 |
-197 |
-907 |
-682 |
-995 |
-1,157 |
-6,750 |
-2,317 |
1,879 |
1,152 |
| Purchase of Investment Securities |
|
-1,008 |
-940 |
-1,897 |
-1,596 |
-2,746 |
-2,415 |
-9,311 |
-6,000 |
-1,381 |
-1,624 |
| Divestitures |
|
- |
- |
4.67 |
3.12 |
0.21 |
0.00 |
34 |
26 |
16 |
11 |
| Sale and/or Maturity of Investments |
|
1,028 |
731 |
961 |
963 |
1,766 |
1,273 |
2,512 |
3,840 |
3,364 |
2,796 |
| Other Investing Activities, net |
|
4.88 |
12 |
24 |
-52 |
-15 |
-14 |
15 |
-183 |
-120 |
-32 |
| Net Cash From Financing Activities |
|
77 |
326 |
523 |
817 |
1,391 |
1,128 |
6,888 |
1,574 |
-1,826 |
-2,490 |
| Net Cash From Continuing Financing Activities |
|
77 |
326 |
523 |
817 |
1,391 |
1,128 |
6,888 |
1,574 |
-1,826 |
-2,490 |
| Issuance of Debt |
|
1,277 |
4,259 |
9,361 |
9,997 |
10,517 |
13,978 |
20,581 |
14,736 |
9,243 |
9,490 |
| Issuance of Preferred Equity |
|
- |
- |
- |
- |
0.00 |
0.00 |
556 |
78 |
0.00 |
0.00 |
| Issuance of Common Equity |
|
- |
- |
76 |
156 |
260 |
184 |
515 |
409 |
194 |
10 |
| Repayment of Debt |
|
-1,157 |
-3,880 |
-8,825 |
-9,203 |
-9,204 |
-12,782 |
-14,323 |
-13,267 |
-10,827 |
-11,559 |
| Repurchase of Common Equity |
|
- |
- |
- |
-10 |
-12 |
-22 |
-34 |
0.00 |
-37 |
-11 |
| Payment of Dividends |
|
-37 |
-46 |
-65 |
-96 |
-139 |
-173 |
-227 |
-322 |
-381 |
-395 |
| Other Financing Activities, Net |
|
-6.23 |
-6.02 |
-24 |
-27 |
-32 |
-57 |
-87 |
-59 |
-18 |
-26 |
| Cash Interest Paid |
|
44 |
53 |
76 |
119 |
168 |
145 |
176 |
487 |
861 |
782 |
| Cash Income Taxes Paid |
|
0.29 |
0.26 |
21 |
20 |
20 |
35 |
38 |
28 |
30 |
29 |
Quarterly Cash Flow Statements for Arbor Realty Trust
This table details how cash moves in and out of Arbor Realty 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 |
Q1 2025 |
| Net Change in Cash & Equivalents |
|
182 |
-64 |
231 |
-236 |
71 |
223 |
-83 |
-499 |
-88 |
-207 |
-311 |
| Net Cash From Operating Activities |
|
47 |
289 |
-57 |
158 |
57 |
77 |
260 |
70 |
85 |
47 |
151 |
| Net Cash From Continuing Operating Activities |
|
47 |
289 |
-57 |
158 |
57 |
77 |
260 |
70 |
85 |
47 |
151 |
| Net Income / (Loss) Continuing Operations |
|
79 |
107 |
102 |
93 |
95 |
110 |
73 |
62 |
74 |
75 |
43 |
| Consolidated Net Income / (Loss) |
|
79 |
107 |
102 |
93 |
95 |
110 |
73 |
62 |
74 |
75 |
43 |
| Provision For Loan Losses |
|
2.69 |
16 |
26 |
22 |
20 |
22 |
19 |
34 |
19 |
7.64 |
11 |
| Depreciation Expense |
|
2.08 |
2.64 |
2.62 |
2.39 |
2.29 |
2.45 |
2.57 |
2.42 |
1.94 |
2.62 |
3.74 |
| Amortization Expense |
|
12 |
12 |
15 |
14 |
15 |
16 |
17 |
15 |
17 |
19 |
21 |
| Non-Cash Adjustments to Reconcile Net Income |
|
-31 |
173 |
-135 |
-17 |
111 |
-208 |
226 |
-29 |
10 |
-118 |
126 |
| Changes in Operating Assets and Liabilities, net |
|
-18 |
-21 |
-68 |
45 |
-186 |
135 |
-78 |
-14 |
-37 |
60 |
-54 |
| Net Cash From Investing Activities |
|
19 |
506 |
828 |
200 |
391 |
460 |
332 |
386 |
228 |
206 |
-315 |
| Net Cash From Continuing Investing Activities |
|
19 |
506 |
828 |
200 |
391 |
460 |
332 |
386 |
228 |
206 |
-315 |
| Purchase of Investment Securities |
|
-758 |
-538 |
-381 |
-488 |
-194 |
-318 |
-323 |
-305 |
-305 |
-691 |
-745 |
| Divestitures |
|
8.18 |
1.69 |
12 |
0.49 |
3.50 |
- |
0.07 |
11 |
- |
- |
0.97 |
| Sale and/or Maturity of Investments |
|
919 |
1,123 |
1,194 |
683 |
668 |
820 |
670 |
690 |
528 |
908 |
419 |
| Other Investing Activities, net |
|
-151 |
-81 |
3.95 |
3.99 |
-87 |
-41 |
-16 |
-9.29 |
4.54 |
-12 |
10 |
| Net Cash From Financing Activities |
|
117 |
-858 |
-540 |
-595 |
-376 |
-315 |
-674 |
-955 |
-401 |
-460 |
-147 |
| Net Cash From Continuing Financing Activities |
|
117 |
-858 |
-540 |
-595 |
-376 |
-315 |
-674 |
-955 |
-401 |
-460 |
-147 |
| Issuance of Debt |
|
2,642 |
3,448 |
1,944 |
2,600 |
2,126 |
2,573 |
1,865 |
2,689 |
2,149 |
2,787 |
2,714 |
| Issuance of Common Equity |
|
45 |
96 |
83 |
27 |
84 |
0.00 |
0.00 |
- |
- |
10 |
29 |
| Repayment of Debt |
|
-2,473 |
-4,300 |
-2,458 |
-3,098 |
-2,484 |
-2,787 |
-2,433 |
-3,529 |
-2,447 |
-3,149 |
-2,782 |
| Payment of Dividends |
|
-83 |
-87 |
-91 |
-93 |
-98 |
-99 |
-99 |
-99 |
-99 |
-99 |
-99 |
| Other Financing Activities, Net |
|
-13 |
-15 |
-8.98 |
-2.25 |
-4.85 |
-2.13 |
-7.44 |
-4.62 |
-4.49 |
-9.25 |
-8.62 |
| Cash Interest Paid |
|
142 |
180 |
214 |
213 |
228 |
207 |
210 |
204 |
198 |
170 |
164 |
| Cash Income Taxes Paid |
|
5.04 |
1.79 |
1.03 |
10 |
12 |
7.21 |
0.57 |
16 |
7.60 |
5.08 |
0.86 |
Annual Balance Sheets for Arbor Realty Trust
This table presents Arbor Realty 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 |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Total Assets |
|
1,827 |
2,971 |
3,626 |
4,612 |
6,239 |
7,661 |
15,074 |
17,039 |
15,739 |
13,491 |
| Cash and Due from Banks |
|
189 |
139 |
104 |
160 |
300 |
340 |
405 |
534 |
929 |
504 |
| Restricted Cash |
|
48 |
29 |
139 |
181 |
211 |
197 |
487 |
714 |
608 |
156 |
| Trading Account Securities |
|
2.02 |
- |
28 |
76 |
89 |
96 |
140 |
157 |
155 |
157 |
| Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Loans Held for Sale |
|
- |
673 |
297 |
482 |
861 |
987 |
1,094 |
354 |
552 |
436 |
| Customer and Other Receivables |
|
8.08 |
1.47 |
0.69 |
1.29 |
11 |
12 |
84 |
77 |
64 |
13 |
| Mortgage Servicing Rights |
|
1,450 |
1,696 |
2,579 |
3,200 |
4,190 |
5,286 |
11,981 |
14,255 |
12,378 |
11,034 |
| Intangible Assets |
|
- |
97 |
122 |
116 |
111 |
105 |
101 |
96 |
91 |
88 |
| Other Assets |
|
69 |
315 |
339 |
381 |
454 |
638 |
782 |
852 |
961 |
1,103 |
| Total Liabilities & Shareholders' Equity |
|
1,827 |
2,971 |
3,626 |
4,612 |
6,239 |
7,661 |
15,074 |
17,039 |
15,739 |
13,491 |
| Total Liabilities |
|
1,262 |
2,224 |
2,761 |
3,547 |
4,883 |
6,178 |
12,524 |
13,967 |
12,484 |
10,339 |
| Long-Term Debt |
|
1,208 |
2,132 |
2,662 |
3,428 |
4,736 |
5,978 |
12,209 |
13,619 |
12,100 |
10,054 |
| Other Long-Term Liabilities |
|
54 |
92 |
100 |
119 |
147 |
200 |
314 |
348 |
384 |
285 |
| Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Equity & Noncontrolling Interests |
|
565 |
747 |
865 |
1,066 |
1,356 |
1,483 |
2,550 |
3,072 |
3,255 |
3,152 |
| Total Preferred & Common Equity |
|
565 |
587 |
696 |
895 |
1,185 |
1,344 |
2,418 |
2,937 |
3,118 |
3,024 |
| Preferred Stock |
|
89 |
90 |
90 |
90 |
90 |
89 |
556 |
634 |
634 |
634 |
| Total Common Equity |
|
476 |
498 |
606 |
806 |
1,095 |
1,255 |
1,862 |
2,303 |
2,484 |
2,390 |
| Common Stock |
|
617 |
622 |
708 |
880 |
1,156 |
1,318 |
1,799 |
2,206 |
2,369 |
2,377 |
| Retained Earnings |
|
-136 |
-125 |
-102 |
-74 |
-61 |
-63 |
63 |
97 |
115 |
13 |
| Noncontrolling Interest |
|
- |
160 |
169 |
170 |
171 |
138 |
132 |
135 |
137 |
128 |
Quarterly Balance Sheets for Arbor Realty Trust
This table presents Arbor Realty 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 |
Q1 2025 |
| Total Assets |
|
17,762 |
16,588 |
16,158 |
15,903 |
15,105 |
14,197 |
13,881 |
13,367 |
| Cash and Due from Banks |
|
390 |
775 |
846 |
895 |
908 |
737 |
688 |
309 |
| Restricted Cash |
|
923 |
705 |
397 |
419 |
547 |
218 |
180 |
41 |
| Trading Account Securities |
|
158 |
154 |
155 |
155 |
155 |
156 |
156 |
159 |
| Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Loans Held for Sale |
|
544 |
470 |
485 |
364 |
323 |
343 |
326 |
315 |
| Customer and Other Receivables |
|
25 |
113 |
73 |
212 |
104 |
105 |
97 |
9.61 |
| Mortgage Servicing Rights |
|
14,791 |
13,431 |
13,271 |
12,893 |
12,002 |
11,604 |
11,293 |
11,216 |
| Intangible Assets |
|
97 |
95 |
94 |
93 |
90 |
89 |
89 |
88 |
| Other Assets |
|
835 |
846 |
836 |
872 |
976 |
944 |
926 |
1,232 |
| Total Liabilities & Shareholders' Equity |
|
17,762 |
16,588 |
16,158 |
15,903 |
15,105 |
14,197 |
13,881 |
13,367 |
| Total Liabilities |
|
14,808 |
13,431 |
12,998 |
12,662 |
11,871 |
11,011 |
10,718 |
10,238 |
| Long-Term Debt |
|
14,499 |
13,113 |
12,607 |
12,339 |
11,537 |
10,627 |
10,387 |
9,997 |
| Other Long-Term Liabilities |
|
310 |
318 |
391 |
323 |
334 |
383 |
296 |
241 |
| Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Equity & Noncontrolling Interests |
|
2,954 |
3,157 |
3,160 |
3,241 |
3,234 |
3,187 |
3,163 |
3,129 |
| Total Preferred & Common Equity |
|
2,821 |
3,022 |
3,024 |
3,105 |
3,100 |
3,055 |
3,034 |
3,008 |
| Preferred Stock |
|
634 |
634 |
634 |
634 |
634 |
634 |
634 |
634 |
| Total Common Equity |
|
2,187 |
2,388 |
2,390 |
2,471 |
2,466 |
2,421 |
2,400 |
2,374 |
| Common Stock |
|
2,108 |
2,280 |
2,282 |
2,366 |
2,374 |
2,363 |
2,365 |
2,412 |
| Retained Earnings |
|
80 |
108 |
108 |
105 |
92 |
58 |
35 |
-39 |
| Noncontrolling Interest |
|
133 |
136 |
136 |
136 |
135 |
132 |
130 |
122 |
Annual Metrics And Ratios for Arbor Realty Trust
This table displays calculated financial ratios and metrics derived from Arbor Realty Trust's official financial filings.
| Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
20.35% |
31.26% |
74.48% |
29.03% |
5.53% |
23.35% |
36.26% |
5.42% |
16.47% |
-13.72% |
| EBITDA Growth |
|
-51.85% |
64.24% |
109.93% |
36.47% |
0.80% |
-3.38% |
105.15% |
-7.84% |
13.75% |
-22.96% |
| EBIT Growth |
|
-55.68% |
16.15% |
123.36% |
51.47% |
3.37% |
-3.78% |
142.10% |
-6.99% |
11.93% |
-28.87% |
| NOPAT Growth |
|
-55.68% |
14.15% |
98.83% |
62.73% |
0.10% |
-18.50% |
176.73% |
0.46% |
9.67% |
-27.28% |
| Net Income Growth |
|
-42.58% |
16.94% |
56.06% |
51.83% |
4.85% |
26.36% |
92.60% |
-6.35% |
13.21% |
-29.12% |
| EPS Growth |
|
-47.06% |
-7.78% |
34.94% |
33.93% |
-15.33% |
11.02% |
61.70% |
-26.75% |
4.79% |
-32.57% |
| Operating Cash Flow Growth |
|
18.03% |
-646.15% |
331.57% |
-108.21% |
-500.34% |
124.35% |
293.09% |
407.11% |
-78.55% |
95.68% |
| Free Cash Flow Firm Growth |
|
451.36% |
-1,379.78% |
47.65% |
-47.12% |
-77.38% |
13.90% |
-458.54% |
77.18% |
208.02% |
41.34% |
| Invested Capital Growth |
|
-2.29% |
62.37% |
22.50% |
27.43% |
35.57% |
22.48% |
97.82% |
13.09% |
-8.01% |
-13.99% |
| Revenue Q/Q Growth |
|
0.76% |
36.51% |
4.90% |
12.48% |
-3.23% |
17.67% |
3.37% |
3.04% |
-1.29% |
-5.64% |
| EBITDA Q/Q Growth |
|
-5.99% |
94.28% |
1.83% |
12.32% |
-0.99% |
35.37% |
5.27% |
-4.37% |
0.19% |
-8.27% |
| EBIT Q/Q Growth |
|
-4.33% |
81.81% |
5.97% |
18.23% |
-1.81% |
57.46% |
6.34% |
-5.09% |
-0.67% |
-11.25% |
| NOPAT Q/Q Growth |
|
-3.23% |
21.70% |
-7.29% |
9.32% |
0.99% |
50.14% |
10.16% |
-3.40% |
-1.30% |
-9.66% |
| Net Income Q/Q Growth |
|
-0.05% |
62.34% |
0.39% |
13.55% |
-2.72% |
53.17% |
3.75% |
-5.26% |
0.80% |
-10.86% |
| EPS Q/Q Growth |
|
0.00% |
59.62% |
-4.27% |
8.70% |
-8.63% |
51.61% |
-5.00% |
-11.17% |
-1.69% |
-11.94% |
| Operating Cash Flow Q/Q Growth |
|
-12.57% |
-232.59% |
1,050.58% |
69.39% |
-205.39% |
175.65% |
187.11% |
6.93% |
-47.26% |
-6.20% |
| Free Cash Flow Firm Q/Q Growth |
|
-25.48% |
-47.85% |
-81.79% |
39.16% |
-115.45% |
-6.44% |
-36.61% |
69.40% |
-24.01% |
3.84% |
| Invested Capital Q/Q Growth |
|
-1.15% |
12.97% |
19.38% |
1.37% |
15.93% |
14.66% |
23.92% |
-4.36% |
-1.44% |
-2.54% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBITDA Margin |
|
42.97% |
53.76% |
64.68% |
68.41% |
65.35% |
51.19% |
77.07% |
67.37% |
65.80% |
58.75% |
| EBIT Margin |
|
36.71% |
32.48% |
41.58% |
48.82% |
47.82% |
37.30% |
66.28% |
58.48% |
56.20% |
46.33% |
| Profit (Net Income) Margin |
|
47.69% |
42.49% |
38.00% |
44.72% |
44.43% |
45.52% |
64.34% |
57.16% |
55.55% |
45.64% |
| Tax Burden Percent |
|
100.00% |
130.79% |
91.38% |
91.60% |
92.91% |
119.38% |
97.07% |
97.74% |
98.86% |
98.51% |
| Interest Burden Percent |
|
129.91% |
100.00% |
100.00% |
100.00% |
100.00% |
102.21% |
100.00% |
100.00% |
100.00% |
100.00% |
| Effective Tax Rate |
|
0.00% |
1.73% |
12.52% |
6.02% |
9.00% |
24.58% |
11.89% |
4.83% |
6.75% |
4.68% |
| Return on Invested Capital (ROIC) |
|
2.29% |
2.02% |
2.91% |
3.79% |
2.87% |
1.83% |
3.09% |
2.19% |
2.36% |
1.92% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
3.28% |
2.95% |
3.09% |
3.66% |
2.95% |
3.18% |
3.47% |
2.26% |
2.53% |
2.01% |
| Return on Net Nonoperating Assets (RNNOA) |
|
7.42% |
7.51% |
9.19% |
11.55% |
9.95% |
11.99% |
15.65% |
10.40% |
10.30% |
6.94% |
| Return on Equity (ROE) |
|
9.71% |
9.52% |
12.10% |
15.34% |
12.82% |
13.82% |
18.74% |
12.59% |
12.66% |
8.86% |
| Cash Return on Invested Capital (CROIC) |
|
4.61% |
-45.52% |
-17.31% |
-20.33% |
-27.33% |
-18.38% |
-62.60% |
-10.09% |
10.70% |
16.97% |
| Operating Return on Assets (OROA) |
|
2.23% |
1.99% |
3.24% |
3.92% |
3.08% |
2.31% |
3.42% |
2.25% |
2.47% |
1.97% |
| Return on Assets (ROA) |
|
2.89% |
2.60% |
2.96% |
3.59% |
2.86% |
2.82% |
3.32% |
2.20% |
2.44% |
1.94% |
| Return on Common Equity (ROCE) |
|
8.13% |
7.07% |
8.29% |
11.22% |
10.06% |
11.44% |
14.48% |
9.33% |
9.58% |
6.74% |
| Return on Equity Simple (ROE_SIMPLE) |
|
9.45% |
10.64% |
14.01% |
16.54% |
13.10% |
14.59% |
15.62% |
12.05% |
12.85% |
9.39% |
| Net Operating Profit after Tax (NOPAT) |
|
41 |
47 |
93 |
152 |
152 |
124 |
343 |
345 |
378 |
275 |
| NOPAT Margin |
|
36.71% |
31.92% |
36.38% |
45.88% |
43.52% |
28.75% |
58.40% |
55.65% |
52.40% |
44.16% |
| Net Nonoperating Expense Percent (NNEP) |
|
-0.99% |
-0.93% |
-0.17% |
0.13% |
-0.08% |
-1.35% |
-0.38% |
-0.07% |
-0.18% |
-0.08% |
| SG&A Expenses to Revenue |
|
15.62% |
35.46% |
39.99% |
36.52% |
37.87% |
34.64% |
29.38% |
26.49% |
22.98% |
30.39% |
| Operating Expenses to Revenue |
|
63.29% |
67.52% |
58.59% |
51.18% |
52.18% |
62.70% |
33.72% |
41.52% |
43.80% |
53.67% |
| Earnings before Interest and Taxes (EBIT) |
|
41 |
48 |
107 |
162 |
167 |
161 |
389 |
362 |
405 |
288 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
48 |
79 |
166 |
226 |
228 |
221 |
453 |
417 |
474 |
365 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
0.31 |
0.34 |
0.43 |
0.52 |
0.76 |
0.87 |
1.00 |
0.75 |
1.02 |
1.09 |
| Price to Tangible Book Value (P/TBV) |
|
0.31 |
0.43 |
0.54 |
0.60 |
0.85 |
0.95 |
1.06 |
0.78 |
1.06 |
1.13 |
| Price to Revenue (P/Rev) |
|
1.33 |
1.17 |
1.02 |
1.26 |
2.39 |
2.53 |
3.19 |
2.79 |
3.51 |
4.20 |
| Price to Earnings (P/E) |
|
3.26 |
4.01 |
3.96 |
3.84 |
6.88 |
6.67 |
5.89 |
6.07 |
7.67 |
11.70 |
| Dividend Yield |
|
19.79% |
18.58% |
17.05% |
20.57% |
15.13% |
13.11% |
10.55% |
15.29% |
15.49% |
12.42% |
| Earnings Yield |
|
30.71% |
24.95% |
25.26% |
26.05% |
14.53% |
15.00% |
16.97% |
16.49% |
13.04% |
8.55% |
| Enterprise Value to Invested Capital (EV/IC) |
|
0.68 |
0.83 |
0.83 |
0.84 |
0.87 |
0.91 |
0.94 |
0.89 |
0.90 |
0.97 |
| Enterprise Value to Revenue (EV/Rev) |
|
10.80 |
16.21 |
11.44 |
11.37 |
15.23 |
15.68 |
23.63 |
24.02 |
19.23 |
20.52 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
25.13 |
30.16 |
17.69 |
16.61 |
23.30 |
30.64 |
30.66 |
35.65 |
29.22 |
34.93 |
| Enterprise Value to EBIT (EV/EBIT) |
|
29.41 |
49.91 |
27.52 |
23.28 |
31.84 |
42.04 |
35.65 |
41.07 |
34.22 |
44.30 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
29.41 |
50.79 |
31.46 |
24.77 |
34.99 |
54.54 |
40.47 |
43.15 |
36.69 |
46.47 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
33.28 |
0.00 |
6.39 |
0.00 |
0.00 |
122.51 |
63.99 |
13.52 |
58.78 |
27.67 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
14.62 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
8.09 |
5.27 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
2.14 |
2.85 |
3.08 |
3.22 |
3.49 |
4.03 |
4.79 |
4.43 |
3.72 |
3.19 |
| Long-Term Debt to Equity |
|
2.14 |
2.85 |
3.08 |
3.22 |
3.49 |
4.03 |
4.79 |
4.43 |
3.72 |
3.19 |
| Financial Leverage |
|
2.26 |
2.55 |
2.97 |
3.15 |
3.37 |
3.77 |
4.51 |
4.59 |
4.07 |
3.46 |
| Leverage Ratio |
|
3.36 |
3.66 |
4.09 |
4.27 |
4.48 |
4.90 |
5.64 |
5.71 |
5.18 |
4.56 |
| Compound Leverage Factor |
|
4.36 |
3.66 |
4.09 |
4.27 |
4.48 |
5.00 |
5.64 |
5.71 |
5.18 |
4.56 |
| Debt to Total Capital |
|
68.13% |
74.05% |
75.48% |
76.29% |
77.74% |
80.13% |
82.72% |
81.60% |
78.80% |
76.13% |
| Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Long-Term Debt to Total Capital |
|
68.13% |
74.05% |
75.48% |
76.29% |
77.74% |
80.13% |
82.72% |
81.60% |
78.80% |
76.13% |
| Preferred Equity to Total Capital |
|
5.04% |
3.11% |
2.54% |
1.99% |
1.47% |
1.20% |
3.77% |
3.80% |
4.13% |
4.80% |
| Noncontrolling Interests to Total Capital |
|
0.00% |
5.55% |
4.79% |
3.79% |
2.81% |
1.85% |
0.89% |
0.81% |
0.89% |
0.97% |
| Common Equity to Total Capital |
|
26.84% |
17.29% |
17.20% |
17.93% |
17.98% |
16.82% |
12.62% |
13.80% |
16.18% |
18.10% |
| Debt to EBITDA |
|
25.09 |
26.96 |
16.04 |
15.13 |
20.74 |
27.10 |
26.98 |
32.65 |
25.51 |
27.51 |
| Net Debt to EBITDA |
|
20.17 |
24.84 |
14.57 |
13.63 |
18.51 |
24.67 |
25.01 |
29.66 |
22.27 |
25.70 |
| Long-Term Debt to EBITDA |
|
25.09 |
26.96 |
16.04 |
15.13 |
20.74 |
27.10 |
26.98 |
32.65 |
25.51 |
27.51 |
| Debt to NOPAT |
|
29.37 |
45.40 |
28.51 |
22.57 |
31.15 |
48.24 |
35.60 |
39.53 |
32.02 |
36.60 |
| Net Debt to NOPAT |
|
23.60 |
41.83 |
25.90 |
20.32 |
27.79 |
43.91 |
33.01 |
35.91 |
27.96 |
34.19 |
| Long-Term Debt to NOPAT |
|
29.37 |
45.40 |
28.51 |
22.57 |
31.15 |
48.24 |
35.60 |
39.53 |
32.02 |
36.60 |
| Noncontrolling Interest Sharing Ratio |
|
16.23% |
25.81% |
31.50% |
26.84% |
21.50% |
17.22% |
22.71% |
25.91% |
24.32% |
23.91% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
83 |
-1,059 |
-554 |
-815 |
-1,446 |
-1,245 |
-6,955 |
-1,587 |
1,714 |
2,423 |
| Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Free Cash Flow to Firm to Interest Expense |
|
1.66 |
-16.64 |
-6.15 |
-5.30 |
-7.76 |
-7.36 |
-32.81 |
-2.85 |
1.90 |
3.01 |
| Operating Cash Flow to Interest Expense |
|
0.73 |
-3.12 |
5.10 |
-0.25 |
-1.22 |
0.33 |
1.02 |
1.97 |
0.26 |
0.57 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
0.73 |
-3.12 |
5.10 |
-0.25 |
-1.22 |
0.33 |
1.02 |
1.97 |
0.26 |
0.57 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
0.06 |
0.06 |
0.08 |
0.08 |
0.06 |
0.06 |
0.05 |
0.04 |
0.04 |
0.04 |
| Fixed Asset Turnover |
|
1.54 |
3.66 |
14.15 |
21.20 |
25.26 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
1,773 |
2,879 |
3,526 |
4,493 |
6,092 |
7,461 |
14,759 |
16,691 |
15,354 |
13,206 |
| Invested Capital Turnover |
|
0.06 |
0.06 |
0.08 |
0.08 |
0.07 |
0.06 |
0.05 |
0.04 |
0.05 |
0.04 |
| Increase / (Decrease) in Invested Capital |
|
-42 |
1,106 |
648 |
967 |
1,598 |
1,369 |
7,298 |
1,931 |
-1,336 |
-2,148 |
| Enterprise Value (EV) |
|
1,210 |
2,384 |
2,937 |
3,763 |
5,319 |
6,758 |
13,877 |
14,867 |
13,864 |
12,768 |
| Market Capitalization |
|
149 |
171 |
261 |
416 |
833 |
1,089 |
1,870 |
1,728 |
2,531 |
2,612 |
| Book Value per Share |
|
$9.34 |
$9.68 |
$9.83 |
$10.65 |
$11.20 |
$10.81 |
$13.02 |
$13.43 |
$13.18 |
$12.67 |
| Tangible Book Value per Share |
|
$9.34 |
$7.78 |
$7.85 |
$9.11 |
$10.07 |
$9.90 |
$12.32 |
$12.87 |
$12.69 |
$12.21 |
| Total Capital |
|
1,773 |
2,879 |
3,526 |
4,493 |
6,092 |
7,461 |
14,759 |
16,691 |
15,354 |
13,206 |
| Total Debt |
|
1,208 |
2,132 |
2,662 |
3,428 |
4,736 |
5,978 |
12,209 |
13,619 |
12,100 |
10,054 |
| Total Long-Term Debt |
|
1,208 |
2,132 |
2,662 |
3,428 |
4,736 |
5,978 |
12,209 |
13,619 |
12,100 |
10,054 |
| Net Debt |
|
971 |
1,964 |
2,418 |
3,087 |
4,225 |
5,441 |
11,318 |
12,371 |
10,563 |
9,394 |
| Capital Expenditures (CapEx) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Net Nonoperating Expense (NNE) |
|
-12 |
-16 |
-4.17 |
3.85 |
-3.20 |
-72 |
-35 |
-9.31 |
-23 |
-9.17 |
| Net Nonoperating Obligations (NNO) |
|
1,208 |
2,132 |
2,662 |
3,428 |
4,736 |
5,978 |
12,209 |
13,619 |
12,100 |
10,054 |
| Total Depreciation and Amortization (D&A) |
|
7.01 |
31 |
59 |
65 |
61 |
60 |
63 |
55 |
69 |
77 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$0.90 |
$0.83 |
$1.14 |
$1.54 |
$1.30 |
$1.44 |
$2.30 |
$1.72 |
$1.79 |
$1.18 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
50.86M |
51.31M |
57.89M |
70.21M |
92.85M |
113.81M |
137.83M |
165.36M |
184.64M |
188.70M |
| Adjusted Diluted Earnings per Share |
|
$0.90 |
$0.83 |
$1.12 |
$1.50 |
$1.27 |
$1.41 |
$2.28 |
$1.67 |
$1.75 |
$1.18 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
51.01M |
51.73M |
80.31M |
93.64M |
116.19M |
133.97M |
156.09M |
199.11M |
218.84M |
205.53M |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$1.30 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
50.96M |
51.40M |
61.72M |
85.36M |
111.25M |
123.92M |
152.11M |
179.82M |
188.51M |
189.51M |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
29 |
57 |
96 |
157 |
154 |
124 |
343 |
345 |
378 |
275 |
| Normalized NOPAT Margin |
|
25.68% |
38.49% |
37.47% |
47.54% |
44.08% |
28.75% |
58.40% |
55.65% |
52.40% |
44.16% |
| Pre Tax Income Margin |
|
47.69% |
32.48% |
41.58% |
48.82% |
47.82% |
38.13% |
66.28% |
58.48% |
56.20% |
46.33% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
0.83 |
0.75 |
1.18 |
1.05 |
0.90 |
0.95 |
1.84 |
0.65 |
0.45 |
0.36 |
| NOPAT to Interest Expense |
|
0.83 |
0.74 |
1.04 |
0.99 |
0.82 |
0.73 |
1.62 |
0.62 |
0.42 |
0.34 |
| EBIT Less CapEx to Interest Expense |
|
0.83 |
0.75 |
1.18 |
1.05 |
0.90 |
0.95 |
1.84 |
0.65 |
0.45 |
0.36 |
| NOPAT Less CapEx to Interest Expense |
|
0.83 |
0.74 |
1.04 |
0.99 |
0.82 |
0.73 |
1.62 |
0.62 |
0.42 |
0.34 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
69.34% |
73.86% |
67.12% |
65.05% |
89.41% |
88.25% |
60.10% |
90.93% |
95.03% |
139.07% |
| Augmented Payout Ratio |
|
69.34% |
73.86% |
67.12% |
71.84% |
96.87% |
99.23% |
69.21% |
90.93% |
104.37% |
143.09% |
Quarterly Metrics And Ratios for Arbor Realty Trust
This table displays calculated financial ratios and metrics derived from Arbor Realty 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 |
Q1 2025 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
-3.68% |
10.15% |
28.22% |
20.09% |
31.50% |
-4.75% |
-11.57% |
-11.89% |
-11.34% |
-19.68% |
-16.49% |
| EBITDA Growth |
|
-15.39% |
-12.67% |
19.71% |
11.18% |
29.25% |
0.69% |
-16.89% |
-30.62% |
-19.42% |
-24.89% |
-17.27% |
| EBIT Growth |
|
-15.06% |
-14.22% |
18.59% |
8.80% |
30.08% |
-2.33% |
-21.43% |
-37.04% |
-24.71% |
-31.99% |
-28.72% |
| NOPAT Growth |
|
-4.21% |
-9.83% |
18.70% |
9.13% |
21.91% |
-4.47% |
-18.34% |
-37.50% |
-25.58% |
-27.64% |
-30.15% |
| Net Income Growth |
|
-8.15% |
-15.55% |
27.92% |
5.92% |
20.24% |
2.99% |
-28.40% |
-33.75% |
-22.63% |
-31.47% |
-40.74% |
| EPS Growth |
|
-29.41% |
-29.58% |
15.00% |
0.00% |
13.89% |
-6.00% |
-32.61% |
-39.02% |
-24.39% |
-34.04% |
-48.39% |
| Operating Cash Flow Growth |
|
106.40% |
32.82% |
-106.79% |
319.16% |
22.61% |
-73.26% |
557.79% |
-55.85% |
48.83% |
-39.51% |
-42.09% |
| Free Cash Flow Firm Growth |
|
-2.69% |
74.63% |
98.02% |
118.74% |
136.00% |
179.26% |
1,087.58% |
28.89% |
6.71% |
54.23% |
7.90% |
| Invested Capital Growth |
|
46.54% |
13.09% |
1.54% |
-8.52% |
-10.73% |
-8.01% |
-9.21% |
-12.38% |
-13.03% |
-13.99% |
-11.13% |
| Revenue Q/Q Growth |
|
-7.15% |
47.60% |
-8.39% |
-4.35% |
1.68% |
6.90% |
-14.95% |
-4.70% |
2.32% |
-3.15% |
-11.57% |
| EBITDA Q/Q Growth |
|
-8.99% |
44.73% |
-13.45% |
-2.47% |
5.80% |
12.75% |
-28.56% |
-18.59% |
22.89% |
5.09% |
-21.32% |
| EBIT Q/Q Growth |
|
-11.19% |
51.54% |
-17.98% |
-1.44% |
6.18% |
13.78% |
-34.02% |
-21.02% |
26.98% |
2.77% |
-30.84% |
| NOPAT Q/Q Growth |
|
-4.90% |
43.50% |
-21.01% |
1.25% |
6.22% |
12.45% |
-32.48% |
-22.50% |
26.47% |
9.35% |
-34.83% |
| Net Income Q/Q Growth |
|
-10.28% |
35.01% |
-4.20% |
-8.72% |
1.85% |
15.64% |
-33.40% |
-15.54% |
18.94% |
2.43% |
-42.41% |
| EPS Q/Q Growth |
|
-12.20% |
38.89% |
-8.00% |
-10.87% |
0.00% |
14.63% |
-34.04% |
-19.35% |
24.00% |
0.00% |
-48.39% |
| Operating Cash Flow Q/Q Growth |
|
164.41% |
519.75% |
-119.68% |
378.96% |
-63.96% |
35.16% |
236.04% |
-73.10% |
21.49% |
-45.06% |
222.57% |
| Free Cash Flow Firm Q/Q Growth |
|
34.27% |
66.69% |
91.26% |
1,079.55% |
26.30% |
-26.68% |
10.97% |
27.84% |
4.56% |
5.98% |
-23.84% |
| Invested Capital Q/Q Growth |
|
1.26% |
-4.36% |
-2.52% |
-3.10% |
-1.19% |
-1.44% |
-3.97% |
-6.48% |
-1.91% |
-2.54% |
-0.60% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBITDA Margin |
|
67.59% |
66.28% |
62.61% |
63.84% |
66.43% |
70.06% |
58.85% |
50.27% |
60.38% |
65.52% |
58.30% |
| EBIT Margin |
|
57.45% |
58.99% |
52.81% |
54.42% |
56.83% |
60.49% |
46.92% |
38.89% |
48.26% |
51.21% |
40.05% |
| Profit (Net Income) Margin |
|
58.84% |
53.82% |
56.28% |
53.71% |
53.80% |
58.20% |
45.57% |
40.39% |
46.95% |
49.65% |
32.34% |
| Tax Burden Percent |
|
102.41% |
92.30% |
106.56% |
98.69% |
94.66% |
96.21% |
97.12% |
103.85% |
97.28% |
96.95% |
80.73% |
| Interest Burden Percent |
|
100.00% |
98.85% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
| Effective Tax Rate |
|
-0.48% |
3.73% |
8.37% |
5.87% |
5.83% |
6.92% |
4.76% |
6.55% |
6.92% |
0.97% |
6.68% |
| Return on Invested Capital (ROIC) |
|
2.36% |
2.21% |
1.98% |
2.14% |
2.37% |
2.53% |
2.02% |
1.67% |
2.03% |
2.21% |
1.60% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
2.37% |
2.17% |
2.08% |
2.17% |
2.37% |
2.56% |
2.03% |
1.72% |
2.06% |
2.19% |
1.53% |
| Return on Net Nonoperating Assets (RNNOA) |
|
11.33% |
9.99% |
9.27% |
9.62% |
10.27% |
10.41% |
7.82% |
6.31% |
7.32% |
7.59% |
5.19% |
| Return on Equity (ROE) |
|
13.69% |
12.20% |
11.24% |
11.75% |
12.64% |
12.95% |
9.83% |
7.98% |
9.35% |
9.80% |
6.78% |
| Cash Return on Invested Capital (CROIC) |
|
-35.32% |
-10.09% |
0.69% |
11.12% |
13.66% |
10.70% |
11.99% |
15.42% |
16.02% |
16.97% |
13.60% |
| Operating Return on Assets (OROA) |
|
2.31% |
2.27% |
2.12% |
2.22% |
2.47% |
2.66% |
2.07% |
1.74% |
2.14% |
2.18% |
1.68% |
| Return on Assets (ROA) |
|
2.36% |
2.08% |
2.26% |
2.19% |
2.33% |
2.56% |
2.01% |
1.81% |
2.08% |
2.11% |
1.35% |
| Return on Common Equity (ROCE) |
|
10.31% |
9.04% |
8.33% |
8.78% |
9.50% |
9.80% |
7.47% |
6.05% |
7.11% |
7.46% |
5.16% |
| Return on Equity Simple (ROE_SIMPLE) |
|
13.24% |
0.00% |
12.45% |
12.61% |
12.80% |
0.00% |
11.99% |
11.13% |
10.50% |
0.00% |
8.45% |
| Net Operating Profit after Tax (NOPAT) |
|
78 |
111 |
88 |
89 |
95 |
106 |
72 |
56 |
70 |
77 |
50 |
| NOPAT Margin |
|
57.73% |
56.13% |
48.39% |
51.23% |
53.52% |
56.30% |
44.69% |
36.34% |
44.92% |
50.72% |
37.38% |
| Net Nonoperating Expense Percent (NNEP) |
|
-0.01% |
0.04% |
-0.11% |
-0.03% |
0.00% |
-0.03% |
-0.01% |
-0.05% |
-0.03% |
0.01% |
0.06% |
| SG&A Expenses to Revenue |
|
29.16% |
21.57% |
24.10% |
24.56% |
23.37% |
20.09% |
30.73% |
29.01% |
29.73% |
32.12% |
36.90% |
| Operating Expenses to Revenue |
|
42.55% |
41.01% |
47.19% |
45.58% |
43.17% |
39.51% |
53.08% |
61.11% |
51.74% |
48.79% |
59.95% |
| Earnings before Interest and Taxes (EBIT) |
|
77 |
117 |
96 |
95 |
100 |
114 |
75 |
60 |
76 |
78 |
54 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
91 |
131 |
114 |
111 |
117 |
132 |
95 |
77 |
95 |
99 |
78 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
0.68 |
0.75 |
0.72 |
0.97 |
1.01 |
1.02 |
0.95 |
1.08 |
1.22 |
1.09 |
0.94 |
| Price to Tangible Book Value (P/TBV) |
|
0.72 |
0.78 |
0.75 |
1.00 |
1.05 |
1.06 |
0.99 |
1.12 |
1.27 |
1.13 |
0.97 |
| Price to Revenue (P/Rev) |
|
2.49 |
2.79 |
2.61 |
3.35 |
3.42 |
3.51 |
3.36 |
3.86 |
4.45 |
4.20 |
3.74 |
| Price to Earnings (P/E) |
|
4.95 |
6.07 |
5.63 |
7.41 |
7.65 |
7.67 |
7.74 |
9.54 |
11.50 |
11.70 |
11.37 |
| Dividend Yield |
|
17.06% |
15.29% |
20.63% |
15.79% |
15.31% |
15.49% |
16.93% |
12.37% |
11.05% |
12.42% |
14.64% |
| Earnings Yield |
|
20.22% |
16.49% |
17.77% |
13.50% |
13.08% |
13.04% |
12.92% |
10.49% |
8.70% |
8.55% |
8.80% |
| Enterprise Value to Invested Capital (EV/IC) |
|
0.89 |
0.89 |
0.87 |
0.92 |
0.92 |
0.90 |
0.89 |
0.95 |
0.98 |
0.97 |
0.96 |
| Enterprise Value to Revenue (EV/Rev) |
|
25.72 |
24.02 |
21.43 |
20.99 |
19.57 |
19.23 |
18.86 |
19.22 |
20.05 |
20.52 |
21.20 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
35.43 |
35.65 |
32.40 |
32.31 |
30.18 |
29.22 |
29.00 |
31.00 |
33.17 |
34.93 |
36.17 |
| Enterprise Value to EBIT (EV/EBIT) |
|
40.51 |
41.07 |
37.45 |
37.54 |
35.04 |
34.22 |
34.32 |
37.35 |
40.69 |
44.30 |
47.38 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
43.32 |
43.15 |
39.40 |
39.47 |
37.33 |
36.69 |
36.49 |
39.77 |
43.46 |
46.47 |
49.90 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
15.02 |
13.52 |
68.53 |
33.06 |
31.95 |
58.78 |
23.89 |
28.14 |
26.86 |
27.67 |
35.87 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
126.75 |
7.87 |
6.34 |
8.09 |
7.09 |
5.73 |
5.66 |
5.27 |
6.66 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
4.91 |
4.43 |
4.15 |
3.99 |
3.81 |
3.72 |
3.57 |
3.34 |
3.28 |
3.19 |
3.19 |
| Long-Term Debt to Equity |
|
4.91 |
4.43 |
4.15 |
3.99 |
3.81 |
3.72 |
3.57 |
3.34 |
3.28 |
3.19 |
3.19 |
| Financial Leverage |
|
4.77 |
4.59 |
4.45 |
4.43 |
4.33 |
4.07 |
3.86 |
3.66 |
3.55 |
3.46 |
3.38 |
| Leverage Ratio |
|
5.88 |
5.71 |
5.55 |
5.56 |
5.43 |
5.18 |
4.96 |
4.78 |
4.65 |
4.56 |
4.47 |
| Compound Leverage Factor |
|
5.88 |
5.65 |
5.55 |
5.56 |
5.43 |
5.18 |
4.96 |
4.78 |
4.65 |
4.56 |
4.47 |
| Debt to Total Capital |
|
83.07% |
81.60% |
80.59% |
79.96% |
79.20% |
78.80% |
78.10% |
76.93% |
76.65% |
76.13% |
76.16% |
| Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Long-Term Debt to Total Capital |
|
83.07% |
81.60% |
80.59% |
79.96% |
79.20% |
78.80% |
78.10% |
76.93% |
76.65% |
76.13% |
76.16% |
| Preferred Equity to Total Capital |
|
3.63% |
3.80% |
3.89% |
4.02% |
4.07% |
4.13% |
4.29% |
4.59% |
4.68% |
4.80% |
4.83% |
| Noncontrolling Interests to Total Capital |
|
0.76% |
0.81% |
0.84% |
0.86% |
0.87% |
0.89% |
0.91% |
0.95% |
0.96% |
0.97% |
0.93% |
| Common Equity to Total Capital |
|
12.53% |
13.80% |
14.68% |
15.16% |
15.86% |
16.18% |
16.69% |
17.53% |
17.71% |
18.10% |
18.08% |
| Debt to EBITDA |
|
33.24 |
32.65 |
30.09 |
28.21 |
26.06 |
25.51 |
25.35 |
25.23 |
26.07 |
27.51 |
28.63 |
| Net Debt to EBITDA |
|
30.24 |
29.66 |
26.69 |
25.42 |
23.28 |
22.27 |
22.15 |
22.96 |
23.89 |
25.70 |
27.63 |
| Long-Term Debt to EBITDA |
|
33.24 |
32.65 |
30.09 |
28.21 |
26.06 |
25.51 |
25.35 |
25.23 |
26.07 |
27.51 |
28.63 |
| Debt to NOPAT |
|
40.65 |
39.53 |
36.59 |
34.46 |
32.23 |
32.02 |
31.90 |
32.37 |
34.15 |
36.60 |
39.50 |
| Net Debt to NOPAT |
|
36.97 |
35.91 |
32.46 |
31.06 |
28.80 |
27.96 |
27.87 |
29.46 |
31.30 |
34.19 |
38.12 |
| Long-Term Debt to NOPAT |
|
40.65 |
39.53 |
36.59 |
34.46 |
32.23 |
32.02 |
31.90 |
32.37 |
34.15 |
36.60 |
39.50 |
| Noncontrolling Interest Sharing Ratio |
|
24.66% |
25.91% |
25.92% |
25.31% |
24.80% |
24.32% |
24.06% |
24.19% |
23.94% |
23.91% |
23.95% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
-5,465 |
-1,820 |
-159 |
1,558 |
1,968 |
1,443 |
1,571 |
2,008 |
2,100 |
2,225 |
1,695 |
| Operating Cash Flow to CapEx |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Free Cash Flow to Firm to Interest Expense |
|
-34.06 |
-8.77 |
-0.73 |
6.86 |
8.59 |
6.34 |
7.22 |
9.60 |
10.62 |
12.36 |
10.26 |
| Operating Cash Flow to Interest Expense |
|
0.29 |
1.39 |
-0.26 |
0.70 |
0.25 |
0.34 |
1.19 |
0.33 |
0.43 |
0.26 |
0.91 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
0.29 |
1.39 |
-0.26 |
0.70 |
0.25 |
0.34 |
1.19 |
0.33 |
0.43 |
0.26 |
0.91 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
| Fixed Asset Turnover |
|
0.00 |
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 |
|
17,453 |
16,691 |
16,270 |
15,766 |
15,580 |
15,354 |
14,771 |
13,814 |
13,550 |
13,206 |
13,127 |
| Invested Capital Turnover |
|
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.05 |
0.05 |
0.05 |
0.05 |
0.04 |
0.04 |
| Increase / (Decrease) in Invested Capital |
|
5,543 |
1,931 |
247 |
-1,469 |
-1,873 |
-1,336 |
-1,499 |
-1,952 |
-2,029 |
-2,148 |
-1,645 |
| Enterprise Value (EV) |
|
15,450 |
14,867 |
14,120 |
14,440 |
14,291 |
13,864 |
13,200 |
13,058 |
13,217 |
12,768 |
12,630 |
| Market Capitalization |
|
1,497 |
1,728 |
1,717 |
2,307 |
2,497 |
2,531 |
2,349 |
2,621 |
2,934 |
2,612 |
2,227 |
| Book Value per Share |
|
$12.84 |
$13.43 |
$13.28 |
$13.19 |
$13.25 |
$13.18 |
$13.07 |
$12.84 |
$12.73 |
$12.67 |
$12.53 |
| Tangible Book Value per Share |
|
$12.27 |
$12.87 |
$12.75 |
$12.68 |
$12.75 |
$12.69 |
$12.59 |
$12.37 |
$12.26 |
$12.21 |
$12.06 |
| Total Capital |
|
17,453 |
16,691 |
16,270 |
15,766 |
15,580 |
15,354 |
14,771 |
13,814 |
13,550 |
13,206 |
13,127 |
| Total Debt |
|
14,499 |
13,619 |
13,113 |
12,607 |
12,339 |
12,100 |
11,537 |
10,627 |
10,387 |
10,054 |
9,997 |
| Total Long-Term Debt |
|
14,499 |
13,619 |
13,113 |
12,607 |
12,339 |
12,100 |
11,537 |
10,627 |
10,387 |
10,054 |
9,997 |
| Net Debt |
|
13,186 |
12,371 |
11,633 |
11,364 |
11,025 |
10,563 |
10,082 |
9,672 |
9,519 |
9,394 |
9,648 |
| Capital Expenditures (CapEx) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Net Nonoperating Expense (NNE) |
|
-1.49 |
4.58 |
-14 |
-4.31 |
-0.50 |
-3.59 |
-1.42 |
-6.19 |
-3.18 |
1.62 |
6.76 |
| Net Nonoperating Obligations (NNO) |
|
14,499 |
13,619 |
13,113 |
12,607 |
12,339 |
12,100 |
11,537 |
10,627 |
10,387 |
10,054 |
9,997 |
| Total Depreciation and Amortization (D&A) |
|
14 |
14 |
18 |
16 |
17 |
18 |
19 |
17 |
19 |
22 |
24 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$0.37 |
$0.50 |
$0.47 |
$0.42 |
$0.42 |
$0.48 |
$0.31 |
$0.25 |
$0.31 |
$0.31 |
$0.16 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
170.23M |
165.36M |
181.12M |
181.82M |
187.02M |
184.64M |
188.71M |
188.66M |
188.51M |
188.70M |
190.06M |
| Adjusted Diluted Earnings per Share |
|
$0.36 |
$0.50 |
$0.46 |
$0.41 |
$0.41 |
$0.47 |
$0.31 |
$0.25 |
$0.31 |
$0.31 |
$0.16 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
205.87M |
199.11M |
214.91M |
216.06M |
221.33M |
218.84M |
222.93M |
205.49M |
205.35M |
205.53M |
206.86M |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
171.52M |
179.82M |
181.16M |
186.50M |
188.50M |
188.51M |
188.51M |
188.55M |
188.61M |
189.51M |
192.16M |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
54 |
111 |
88 |
89 |
95 |
106 |
72 |
56 |
70 |
77 |
50 |
| Normalized NOPAT Margin |
|
40.22% |
56.13% |
48.39% |
51.23% |
53.52% |
56.30% |
44.69% |
36.34% |
44.92% |
50.72% |
37.38% |
| Pre Tax Income Margin |
|
57.45% |
58.31% |
52.81% |
54.42% |
56.83% |
60.49% |
46.92% |
38.89% |
48.26% |
51.21% |
40.05% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
0.48 |
0.56 |
0.44 |
0.42 |
0.44 |
0.50 |
0.35 |
0.28 |
0.38 |
0.43 |
0.33 |
| NOPAT to Interest Expense |
|
0.48 |
0.54 |
0.40 |
0.39 |
0.41 |
0.47 |
0.33 |
0.27 |
0.36 |
0.43 |
0.30 |
| EBIT Less CapEx to Interest Expense |
|
0.48 |
0.56 |
0.44 |
0.42 |
0.44 |
0.50 |
0.35 |
0.28 |
0.38 |
0.43 |
0.33 |
| NOPAT Less CapEx to Interest Expense |
|
0.48 |
0.54 |
0.40 |
0.39 |
0.41 |
0.47 |
0.33 |
0.27 |
0.36 |
0.43 |
0.30 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
80.30% |
90.93% |
90.44% |
93.00% |
92.99% |
95.03% |
104.64% |
115.85% |
123.86% |
139.07% |
155.67% |
| Augmented Payout Ratio |
|
83.23% |
90.93% |
93.01% |
102.81% |
102.41% |
104.37% |
112.12% |
119.20% |
127.44% |
143.09% |
155.67% |
Key Financial Trends
Arbor Realty Trust (NYSE:ABR) has exhibited the following notable financial trends and highlights over the past four years through Q1 2025:
- Consistent net interest income: Net interest income remained positive each quarter, with Q1 2025 at $75.4 million, slightly below Q4 2024's $82.9 million but showing resilience in generating income from interest-bearing assets.
- Stable earnings per share (EPS): Diluted EPS for Q1 2025 was $0.16, compared with $0.31 in Q4 2024. Across 2023 and 2024, EPS has generally ranged between the $0.25 to $0.50 per quarter range, indicating relatively steady profitability.
- Solid net income to common shareholders: The company generated $30.4 million in net income attributable to common shareholders in Q1 2025, compared to $59.8 million in Q4 2024. Over the past year, net income attributable to common shareholders stayed consistently profitable.
- Cash dividends to common shareholders remain steady: Quarterly dividends were $0.43 per share for Q1 2025, consistent across most periods, reflecting a stable shareholder return policy.
- Strong operating cash flows: Q1 2025 net cash from continuing operating activities was $150.5 million, up from $46.7 million in Q4 2024, indicating good cash generation ability from core operations.
- Significant investment securities activity: The company continued active investing with purchases and sales/maturities in investment securities, supporting portfolio management strategies.
- Total assets are declining: Total assets decreased from $17.76 billion in Q3 2022 to $13.37 billion in Q1 2025, reflecting a contraction in the company's asset base over the period.
- Long-term debt decreased: Long-term debt reduced from $14.4 billion in Q3 2022 to just under $10 billion in Q1 2025, suggesting debt reduction efforts that may lower interest expenses in the medium term.
- Portfolio shift in Mortgage Servicing Rights (MSRs): MSRs declined from $14.79 billion in Q3 2022 to $11.22 billion in Q1 2025, indicating possible changes in the servicing portfolio or valuation adjustments.
- Declining net income and EPS in latest quarter: Both net income attributable to common shareholders and EPS in Q1 2025 decreased notably compared to the prior quarters, which may reflect operational pressures or market conditions.
Summary: Arbor Realty Trust has maintained profitability and stable dividend payments over recent years, supported by solid net interest income and strong operating cash flows. However, the company has experienced a gradual reduction in total assets and long-term debt, alongside contraction in mortgage servicing rights. The recent dip in net income and EPS for Q1 2025 compared to preceding quarters may warrant further monitoring for signs of changing market or credit conditions. Overall, the company’s financials suggest ongoing efforts toward portfolio and debt optimization while sustaining income generation.
10/24/25 02:36 PM ETAI Generated. May Contain Errors.