Angel Oak Mortgage, Inc. (AOMR) Key Metrics
AOMR valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $179.1M
- Enterprise value
- $2.61B
- P/E (TTM)
- 9.8 10-yr median 7.9
- Forward P/E
- 5.7
- PEG ratio
- —
- Price / sales
- 4.9 10-yr median 4.4
- Price / book
- 0.7 10-yr median 0.8
- EV / EBITDA
- — 10-yr median 47.0
- Dividend yield
- 17.80% $1.28 a year
- Beta
- 1.21
AOMR key metrics, 2018–2025
Fiscal year ended December 31, 2025 · U.S. dollarsAOMR valuation Price multiples at each fiscal year-end price.
AOMR returns How much profit the business earns on the capital it uses.
AOMR per-share figures Results divided by the shares outstanding at year-end.
AOMR financial health Debt, liquidity and how easily interest is covered.
AOMR efficiency & capital use Working capital cycle and where the cash goes.
AOMR valuation history
AOMR returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
AOMR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
AOMR cash returned to shareholders
AOMR price vs earnings per share
AOMR key metrics
2018–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||
| Market capitalization | $209.3M | $226.4M | $264.4M | $116.1M | $341.6M | — | — | — |
| Enterprise value | $2.44B | $1.96B | $1.68B | $1.73B | $1.77B | — | — | — |
| P/E ratio | 4.8 | 7.9 | 7.8 | — | 16.2 | — | — | — |
| Price / sales | 1.6 | 4.4 | 4.8 | 0.7 | 8.2 | — | — | — |
| Price / book | 0.8 | 0.9 | 1.0 | 0.5 | 0.7 | — | — | — |
| Price / free cash flow | 11.3 | — | 0.9 | — | — | — | — | — |
| Price / operating cash flow | 11.3 | — | 0.9 | — | — | — | — | — |
| EV / sales | 18.4 | 38.0 | 30.7 | 11.0 | 42.4 | — | — | — |
| EV / EBITDA | 16.1 | 600.3 | 10.0 | — | 78.0 | — | — | — |
| EV / free cash flow | 131.5 | — | 5.5 | — | — | — | — | — |
| Earnings yield | 21.0% | 12.7% | 12.8% | −161.8% | 6.2% | — | — | — |
| Free cash flow yield | 8.9% | −97.8% | 115.9% | −285.2% | −459.0% | — | — | — |
| Dividend yield | 14.8% | 13.9% | 12.1% | 35.9% | 3.6% | — | — | — |
| Shareholder yield (dividends + buybacks) | 14.8% | 22.7% | 12.1% | 41.9% | 4.9% | — | — | — |
| Share price at fiscal year-end | $8.61 | $9.28 | $10.60 | $4.73 | $16.38 | — | — | — |
| Per share | ||||||||
| Revenue per share | $5.46 | $2.11 | $2.20 | $6.43 | $2.00 | $0.66 | $0.45 | $0.00 |
| Earnings per share | $1.81 | $1.18 | $1.35 | −$7.65 | $1.01 | $0.05 | $0.20 | −$0.24 |
| Operating cash flow per share | $0.76 | −$9.08 | $12.28 | −$13.49 | −$75.19 | $2.19 | $2.52 | −$35.19 |
| Free cash flow per share | $0.76 | −$9.08 | $12.28 | −$13.49 | −$75.19 | $2.19 | $2.52 | −$35.19 |
| Cash per share | $1.71 | $1.67 | $1.67 | $1.19 | $1.96 | $2.77 | $0.29 | $0.03 |
| Book value per share | $11.00 | $9.79 | $10.27 | $9.63 | $23.56 | $15.79 | $3.62 | $1.68 |
| Tangible book value per share | $11.00 | $9.79 | $10.13 | $9.49 | $23.56 | $15.79 | $3.62 | $1.68 |
| Dividends per share | $1.27 | $1.29 | $1.28 | $1.70 | $0.58 | $4.88 | $0.00 | $0.00 |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Debt per share | $93.65 | $72.58 | $58.53 | $66.94 | $70.49 | $16.56 | $13.83 | $14.71 |
| Shares outstanding | 24.3M | 24.4M | 24.9M | 24.5M | 20.9M | 15.7M | 26.2M | 26.2M |
| Change in shares outstanding | −0.3% | −2.2% | +1.6% | +17.7% | +32.6% | −40.0% | 0.0% | — |
| Returns & profitability | ||||||||
| Return on equity (ROE) | 17.4% | 11.6% | 13.7% | −51.6% | 5.7% | 0.4% | 7.4% | −14.1% |
| Return on invested capital (ROIC) | 6.5% | 5.2% | 1.9% | −5.4% | 1.8% | 0.2% | 1.2% | −1.1% |
| Return on assets (ROA) | 1.8% | 1.3% | 1.3% | −6.8% | 1.4% | 0.2% | 1.2% | −1.4% |
| Return on tangible assets | 1.6% | 1.3% | 1.5% | −6.4% | 0.8% | 0.1% | 1.1% | −1.4% |
| Free cash flow margin | 14.0% | −430.3% | 558.5% | −209.6% | — | 331.4% | 559.5% | — |
| Income quality (OCF / net income) | 0.42 | −7.70 | 9.09 | — | −74.26 | 46.75 | 12.83 | — |
| Financial health | ||||||||
| Total debt | $2.28B | $1.77B | $1.46B | $1.64B | $1.47B | $260.4M | $362.5M | $385.7M |
| Cash & short-term investments | $41.6M | $40.8M | $41.6M | $29.3M | $40.8M | $43.6M | $7.5M | $791,000 |
| Net debt | $2.24B | $1.73B | $1.42B | $1.61B | $1.43B | $216.8M | $355.1M | $384.9M |
| Debt / equity | 8.51 | 7.41 | 5.70 | 6.95 | 2.99 | 1.05 | 3.82 | 8.76 |
| Debt / assets | 0.83 | 0.78 | 0.63 | 0.56 | 0.57 | 0.51 | 0.79 | 0.89 |
| Net debt / EBITDA | 14.74 | 530.85 | 8.39 | — | 62.92 | 294.60 | 69.04 | — |
| Current ratio | 0.22 | 0.13 | 0.06 | 0.05 | 52.05 | 0.89 | 0.60 | 0.60 |
| Quick ratio | 0.22 | 0.13 | 0.06 | 0.06 | 53.95 | 0.89 | 0.60 | 0.60 |
| Interest coverage | 1.4 | 1.4 | 0.5 | -2.0 | 2.0 | 0.1 | 0.6 | — |
| Working capital | −$201.9M | −$340.5M | −$832.3M | −$961.8M | $65.5M | −$25.9M | −$129.7M | −$154.6M |
| Invested capital | $2.50B | $1.97B | $1.67B | $1.85B | $1.92B | $465.1M | $449.9M | $428.9M |
| Tangible asset value | $267.5M | $239.0M | $252.6M | $233.0M | $491.4M | $248.3M | $94.9M | $44.0M |
| Net current asset value | −$2.43B | −$1.98B | −$2.00B | −$2.66B | −$2.02B | −$60.8M | −$167.1M | −$154.6M |
| Graham number | $21.17 | $16.12 | $17.67 | — | $23.17 | $4.08 | $4.00 | — |
| Graham net-net per share | −$100.06 | −$81.32 | −$80.37 | −$108.96 | −$97.23 | −$6.72 | −$8.36 | −$8.16 |
| Capital allocation | ||||||||
| Dividends paid | $30.9M | $31.4M | $31.9M | $41.7M | $12.2M | $76.7M | $14,000 | $14,000 |
| Share buybacks (net) | $0 | $19.9M | $126,000 | $7.0M | $4.7M | $0 | $0 | — |
| Dividend payout ratio | 70.3% | 109.1% | 94.7% | — | 57.7% | — | 0.3% | — |
| Dividends + buybacks / free cash flow | 166.4% | — | 10.5% | — | — | 223.0% | 0.0% | — |
| Capex / revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Capex / operating cash flow | 0.0% | — | 0.0% | — | — | 0.0% | 0.0% | — |
| Capex / depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | 0.00 |
| Stock-based compensation / revenue | 1.0% | 4.0% | 3.1% | 3.6% | 4.1% | 0.0% | — | — |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| SG&A / revenue | 1.0% | 4.0% | 13.7% | 3.6% | 4.1% | 19.6% | 16.3% | — |
| Efficiency | ||||||||
| Days sales outstanding | 25.4 | 55.5 | 83.2 | 50.2 | 766.9 | 5,854.8 | 6,390.3 | — |
| Days of inventory on hand | — | — | — | -701.3 | -82.4 | -1.4 | -2.1 | 0.0 |
| Days payables outstanding | 5,599.5 | 8,746.4 | 20,669.8 | 41,211.7 | 46.9 | 12.3 | 30.2 | — |
| Cash conversion cycle (days) | -5,574.0 | -8,690.9 | -20,586.7 | -41,862.7 | 637.6 | 5,841.1 | 6,358.0 | — |
| Receivables turnover | 14.36 | 6.58 | 4.39 | 7.27 | 0.48 | 0.06 | 0.06 | 0.00 |
| Payables turnover | 0.07 | 0.04 | 0.02 | 0.01 | 7.78 | 29.61 | 12.08 | — |
| Inventory turnover | — | — | — | — | — | — | — | 4,444,000.00 |
| Asset turnover | 0.05 | 0.02 | 0.02 | 0.06 | 0.03 | 0.02 | 0.03 | 0.00 |
| Average receivables | $9.2M | $7.8M | $12.5M | $21.7M | $87.7M | $166.6M | $206.6M | $229.5M |
| Average payables | $202.3M | $297.9M | $700.7M | $504.9M | $691,500 | $267,000 | $434,000 | — |
| Average inventory | — | — | — | −$8.6M | −$1.2M | −$29,499 | −$29,499 | $1 |
| Intangibles / total assets | 0.0% | 0.0% | 0.1% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from AOMR's annual financial statements (latest annual report filed March 3, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
AOMR valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Angel Oak Mortgage traded at 4.8 times earnings, against a 8-year median of 7.9. Based on the latest twelve months, the trailing P/E is 9.8 and the forward P/E is 5.7. Angel Oak Mortgage earned a return on equity of 17.4% and a return on invested capital of 6.5% in fiscal 2025. It ended the year with $2.3 billion of debt and $41.6 million in cash and short-term investments, net debt of $2.2 billion. It returned $30.9 million to shareholders: $30.9 million in dividends and $0 in share buybacks, 166% of free cash flow. The share count fell 7.2% from 26.2M to 24.3M over 7 years.
See the AOMR income statement, the AOMR chart for price history, or the AOMR stock overview for the latest quote and news.
AOMR key metrics FAQ
What is Angel Oak Mortgage's P/E ratio?
Angel Oak Mortgage's trailing P/E ratio is 9.8 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 5.7. At the end of fiscal 2025 it was 4.8, compared with a 8-year median of 7.9.
What is Angel Oak Mortgage's EV/EBITDA?
Angel Oak Mortgage's enterprise value was 16.1 times EBITDA at the end of fiscal 2025 (enterprise value $2.4 billion, EBITDA $151.6 million).
What is Angel Oak Mortgage's return on equity?
Angel Oak Mortgage's return on equity (ROE) was 17.4% in fiscal 2025: net income of $44.0 million on average shareholders' equity of $253.2 million.
What is Angel Oak Mortgage's ROIC?
Angel Oak Mortgage's return on invested capital was 6.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Angel Oak Mortgage have?
Angel Oak Mortgage had total debt of $2.3 billion at the end of fiscal 2025, a debt-to-equity ratio of 8.51 and $2.2 billion of net debt (14.74 times EBITDA).
What is Angel Oak Mortgage's dividend yield?
Angel Oak Mortgage's forward dividend yield is 17.80%. Angel Oak Mortgage paid $30.9 million in dividends in fiscal 2025 ($1.27 per share), a payout ratio of 70.3%.
What is Angel Oak Mortgage's free cash flow yield?
Angel Oak Mortgage generated $18.6 million of free cash flow in fiscal 2025, a free cash flow yield of 8.9% on its market value at year-end ($209.3 million).
What is Angel Oak Mortgage's current ratio?
Angel Oak Mortgage's current ratio was 0.22 at the end of fiscal 2025: current assets were 0.22 times current liabilities.