What is New York Mortgage Trust's earnings per share (EPS)?

New York Mortgage Trust (NYMT) reported diluted earnings per share of $1.10 for fiscal year 2025. This represents a 196.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

New York Mortgage Trust Financials

NYMT

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows New York Mortgage Trust (NYMT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 75/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

New York Mortgage Trust has an operating margin of 22.9%, meaning the company retains $23 of operating profit per $100 of revenue. This strong profitability earns a score of 73/100, reflecting efficient cost management and pricing power. This is up from -23.2% the prior year.

Growth

100

New York Mortgage Trust's revenue surged 50.0% year-over-year to $601.9M, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Leverage

New York Mortgage Trust carries a low D/E ratio of 0.52, meaning only $0.52 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 92/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow

New York Mortgage Trust converts 20.9% of revenue into free cash flow ($125.9M). This strong cash generation earns a score of 77/100.

Returns

New York Mortgage Trust's ROE of 10.4% shows moderate profitability relative to equity, earning a score of 34/100. This is up from -4.5% the prior year.

Piotroski F-Score Neutral

6/9

New York Mortgage Trust passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

0.90x

For every $1 of reported earnings, New York Mortgage Trust generates $0.90 in operating cash flow ($134.0M OCF vs $149.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

0.3x

New York Mortgage Trust earns $0.3 in operating income for every $1 of interest expense ($137.8M vs $452.6M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$601.9M

YoY+50.0%

5Y CAGR+11.4%

10Y CAGR+6.0%

New York Mortgage Trust generated $601.9M in revenue in fiscal year 2025. This represents an increase of 50.0% from the prior year.

EBITDA

$160.9M

YoY+403.1%

New York Mortgage Trust's EBITDA was $160.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 403.1% from the prior year.

Net Income

$149.0M

YoY+340.3%

10Y CAGR+6.7%

New York Mortgage Trust reported $149.0M in net income in fiscal year 2025. This represents an increase of 340.3% from the prior year.

EPS (Diluted)

$1.10

YoY+196.5%

New York Mortgage Trust earned $1.10 per diluted share (EPS) in fiscal year 2025. This represents an increase of 196.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$125.9M

YoY+1290.3%

5Y CAGR+2.6%

New York Mortgage Trust generated $125.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 1290.3% from the prior year.

Cash & Debt

$210.3M

YoY+25.6%

5Y CAGR-6.4%

10Y CAGR+13.0%

New York Mortgage Trust held $210.3M in cash against $735.8M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

90M

YoY-0.1%

New York Mortgage Trust had 90M shares outstanding in fiscal year 2025. This represents a decrease of 0.1% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

22.9%

YoY+46.1pp

5Y CAGR+104.9pp

New York Mortgage Trust's operating margin was 22.9% in fiscal year 2025, reflecting core business profitability. This is up 46.1 percentage points from the prior year.

Net Margin

24.8%

YoY+40.2pp

5Y CAGR+107.1pp

10Y CAGR+1.6pp

New York Mortgage Trust's net profit margin was 24.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 40.2 percentage points from the prior year.

Return on Equity

10.4%

YoY+14.9pp

5Y CAGR+23.0pp

10Y CAGR+1.6pp

New York Mortgage Trust's ROE was 10.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 14.9 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$1.5M

YoY-57.0%

New York Mortgage Trust spent $1.5M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 57.0% from the prior year.

Capital Expenditures

$8.2M

YoY-66.9%

5Y CAGR+108.7%

New York Mortgage Trust invested $8.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 66.9% from the prior year.

NYMT Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$601.9M+50.0%	$401.3M+55.1%	$258.7M+0.1%	$258.4M+24.9%	$206.9M-40.9%	$350.2M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$72.7M+49.3%	$48.7M-1.8%	$49.6M-5.5%	$52.4M+7.2%	$48.9M+15.8%	$42.2M
Operating Income	$137.8M+248.3%	-$92.9M-19.5%	-$77.7M+77.1%	-$340.1M-278.1%	$190.9M+166.5%	-$287.3M
Interest Expense	$452.6M+42.6%	$317.4M+65.2%	$192.1M+48.5%	$129.4M+63.2%	$79.3M-64.5%	$223.1M
Income Tax	$145K-86.0%	$1.0M+1281.3%	$75K-86.2%	$542K-77.9%	$2.5M+150.6%	$981K
Net Income	$149.0M+340.3%	-$62.0M-27.5%	-$48.7M+83.7%	-$298.6M-254.6%	$193.2M+167.0%	-$288.5M
EPS (Diluted)	$1.10+196.5%	$-1.14-15.2%	$-0.99+72.6%	$-3.61	$1.51+269.7%	$-0.89

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$170.7M+6.3%	$160.6M+14.0%	$140.9M+8.6%	$129.7M+9.7%	$118.3M+9.1%	$108.4M+19.4%	$90.8M+8.2%	$83.9M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$25.1M+7.5%	$23.3M+98.1%	$11.8M-5.1%	$12.4M+3.2%	$12.0M+0.7%	$11.9M+2.5%	$11.6M-10.8%	$13.1M
Operating Income	$56.3M+42.6%	$39.5M+822.8%	$4.3M-88.7%	$37.7M+218.6%	-$31.8M-174.3%	$42.8M+280.2%	-$23.7M+70.4%	-$80.2M
Interest Expense	$127.5M+2.8%	$124.0M+18.8%	$104.5M+8.1%	$96.6M+5.6%	$91.5M+3.9%	$88.1M+22.9%	$71.7M+8.6%	$66.0M
Income Tax	-$44K+85.2%	-$298K-85.1%	-$161K-124.8%	$648K+142.6%	-$1.5M-165.4%	$2.3M+579.8%	$342K+408.1%	-$111K
Net Income	$53.5M+19.4%	$44.8M+424.5%	$8.5M-79.7%	$42.2M+234.3%	-$31.4M-173.3%	$42.8M+374.9%	-$15.6M+73.1%	-$57.9M
EPS (Diluted)	N/A	$0.36+1000.0%	$-0.04-112.1%	$0.33	N/A	$0.36+224.1%	$-0.29+61.3%	$-0.75

NYMT Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$12.6B+37.1%	$9.2B+24.5%	$7.4B+18.6%	$6.2B+10.3%	$5.7B+21.5%	$4.7B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$210.3M+25.6%	$167.4M-10.5%	$187.1M-23.5%	$244.7M-15.5%	$289.6M-1.2%	$293.2M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$22.4M	$0	N/A	N/A	N/A	$0
Total Liabilities	$11.2B+43.6%	$7.8B+35.2%	$5.8B+31.9%	$4.4B+35.6%	$3.2B+37.4%	$2.3B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$735.8M+28.4%	$573.2M-38.6%	$934.1M+72.2%	$542.5M-45.8%	$1.0B+355.3%	$220.0M
Total Equity	$1.4B+2.3%	$1.4B-11.7%	$1.6B-10.6%	$1.8B-24.5%	$2.3B+1.7%	$2.3B
Retained Earnings	-$1.4B+1.5%	-$1.4B-14.1%	-$1.3B-19.1%	-$1.1B-88.2%	-$559.3M-1.5%	-$551.3M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$12.6B+1.9%	$12.4B+17.5%	$10.6B+5.5%	$10.0B+8.5%	$9.2B+3.5%	$8.9B+8.2%	$8.2B+10.5%	$7.4B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$210.3M+13.5%	$185.3M+15.5%	$160.4M-9.4%	$177.1M+5.8%	$167.4M-14.2%	$195.1M-17.2%	$235.5M+3.8%	$226.9M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$22.4M0.0%	$22.4M	N/A	N/A	$0	N/A	N/A	N/A
Total Liabilities	$11.2B+1.9%	$11.0B+20.1%	$9.2B+6.6%	$8.6B+10.0%	$7.8B+5.0%	$7.4B+9.9%	$6.8B+14.1%	$5.9B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$735.8M-4.0%	$766.6M+17.4%	$653.0M-0.2%	$654.4M+14.2%	$573.2M-18.0%	$699.4M-12.6%	$800.7M-20.0%	$1.0B
Total Equity	$1.4B+2.6%	$1.4B+0.7%	$1.4B-1.5%	$1.4B+0.5%	$1.4B-3.4%	$1.4B+0.9%	$1.4B-3.6%	$1.5B
Retained Earnings	-$1.4B+1.5%	-$1.4B+0.8%	-$1.4B-1.6%	-$1.4B+0.8%	-$1.4B-4.3%	-$1.4B+1.0%	-$1.4B-3.3%	-$1.3B

NYMT Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$134.0M+852.6%	$14.1M-53.0%	$30.0M-67.4%	$91.8M-33.9%	$138.9M+25.4%	$110.8M
Capital Expenditures	$8.2M-66.9%	$24.6M-51.1%	$50.4M-75.9%	$209.4M+354.6%	$46.1M+22258.7%	$206K
Free Cash Flow	$125.9M+1290.3%	-$10.6M+48.3%	-$20.5M+82.6%	-$117.6M-226.6%	$92.9M-16.0%	$110.5M
Investing Cash Flow	-$2.9B-29.1%	-$2.2B-84.0%	-$1.2B-139.8%	-$508.8M-282.7%	-$132.9M-106.3%	$2.1B
Financing Cash Flow	$2.8B+24.6%	$2.2B+95.6%	$1.1B+147.7%	$460.1M+1578.6%	$27.4M+101.3%	-$2.0B
Dividends Paid	$75.5M+0.7%	$74.9M-41.8%	$128.8M-15.1%	$151.8M+0.1%	$151.6M+43.7%	$105.5M
Share Buybacks	$1.5M-57.0%	$3.5M-59.5%	$8.6M-80.6%	$44.4M	$0	$0

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$62.1M+797.0%	$6.9M-82.4%	$39.2M+51.9%	$25.8M-11.3%	$29.1M+3257.9%	-$922K+7.2%	-$993K+92.4%	-$13.1M
Capital Expenditures	N/A	N/A	N/A	N/A	$3.5M-54.8%	$7.6M+1.0%	$7.6M+26.4%	$6.0M
Free Cash Flow	N/A	N/A	N/A	N/A	$25.7M+399.8%	-$8.6M0.0%	-$8.6M+55.2%	-$19.1M
Investing Cash Flow	-$148.1M+90.7%	-$1.6B-343.1%	-$360.0M+54.7%	-$794.2M-35.9%	-$584.3M+29.9%	-$834.1M-45.8%	-$572.1M-125.3%	-$254.0M
Financing Cash Flow	$130.6M-91.9%	$1.6B+416.3%	$313.5M-56.1%	$713.8M+29.3%	$552.2M-30.9%	$798.8M+45.1%	$550.5M+68.3%	$327.2M
Dividends Paid	$20.8M+15.0%	$18.1M-0.5%	$18.2M-1.6%	$18.5M+1.9%	$18.1M0.0%	$18.1M-0.7%	$18.2M-10.8%	$20.5M
Share Buybacks	$0	$0	N/A	N/A	$0	$0-100.0%	$3.5M	$0

NYMT Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	22.9%+46.1pp	-23.2%+6.9pp	-30.0%+101.6pp	-131.6%-223.9pp	92.3%+174.3pp	-82.0%
Net Margin	24.8%+40.2pp	-15.5%+3.4pp	-18.8%+96.8pp	-115.6%-209.0pp	93.4%+175.8pp	-82.4%
Return on Equity	10.4%+14.9pp	-4.5%-1.4pp	-3.1%+13.8pp	-16.9%-25.1pp	8.3%+20.8pp	-12.5%
Return on Assets	1.2%+1.8pp	-0.7%-0.0pp	-0.7%+4.1pp	-4.8%-8.2pp	3.4%+9.6pp	-6.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.52+0.1	0.41-0.2	0.59+0.3	0.31-0.1	0.43+0.3	0.10
FCF Margin	20.9%+23.6pp	-2.6%+5.3pp	-7.9%+37.6pp	-45.5%-90.4pp	44.9%+13.3pp	31.6%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	33.0%+8.4pp	24.6%+21.5pp	3.0%-26.0pp	29.1%+56.0pp	-26.9%-66.4pp	39.5%+65.6pp	-26.2%+69.4pp	-95.6%
Net Margin	31.4%+3.5pp	27.9%+21.8pp	6.1%-26.4pp	32.5%+59.0pp	-26.5%-66.1pp	39.5%+56.7pp	-17.2%+51.9pp	-69.0%
Return on Equity	3.8%+0.5pp	3.2%+2.6pp	0.6%-2.4pp	3.0%+5.3pp	-2.3%-5.2pp	3.0%+4.1pp	-1.1%+2.8pp	-3.9%
Return on Assets	0.4%+0.1pp	0.4%+0.3pp	0.1%-0.3pp	0.4%+0.8pp	-0.3%-0.8pp	0.5%+0.7pp	-0.2%+0.6pp	-0.8%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.52-0.0	0.55+0.1	0.470.0	0.47+0.1	0.41-0.1	0.48-0.1	0.56-0.1	0.67
FCF Margin	N/A	N/A	N/A	N/A	21.7%+29.6pp	-7.9%+1.5pp	-9.4%+13.4pp	-22.8%

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Frequently Asked Questions

What is New York Mortgage Trust's annual revenue?

New York Mortgage Trust (NYMT) reported $601.9M in total revenue for fiscal year 2025. This represents a 50.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is New York Mortgage Trust's revenue growing?

New York Mortgage Trust (NYMT) revenue grew by 50% year-over-year, from $401.3M to $601.9M in fiscal year 2025.

Is New York Mortgage Trust profitable?

Yes, New York Mortgage Trust (NYMT) reported a net income of $149.0M in fiscal year 2025, with a net profit margin of 24.8%.

What is New York Mortgage Trust's EBITDA?

New York Mortgage Trust (NYMT) had EBITDA of $160.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does New York Mortgage Trust have?

As of fiscal year 2025, New York Mortgage Trust (NYMT) had $210.3M in cash and equivalents against $735.8M in long-term debt.

What is New York Mortgage Trust's operating margin?

New York Mortgage Trust (NYMT) had an operating margin of 22.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is New York Mortgage Trust's net profit margin?

New York Mortgage Trust (NYMT) had a net profit margin of 24.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is New York Mortgage Trust's return on equity (ROE)?

New York Mortgage Trust (NYMT) has a return on equity of 10.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is New York Mortgage Trust's free cash flow?

New York Mortgage Trust (NYMT) generated $125.9M in free cash flow during fiscal year 2025. This represents a 1290.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is New York Mortgage Trust's operating cash flow?

New York Mortgage Trust (NYMT) generated $134.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are New York Mortgage Trust's total assets?

New York Mortgage Trust (NYMT) had $12.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are New York Mortgage Trust's capital expenditures?

New York Mortgage Trust (NYMT) invested $8.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does New York Mortgage Trust buy back shares?

Yes, New York Mortgage Trust (NYMT) spent $1.5M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does New York Mortgage Trust have outstanding?

New York Mortgage Trust (NYMT) had 90M shares outstanding as of fiscal year 2025.

What is New York Mortgage Trust's debt-to-equity ratio?

New York Mortgage Trust (NYMT) had a debt-to-equity ratio of 0.52 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is New York Mortgage Trust's return on assets (ROA)?

New York Mortgage Trust (NYMT) had a return on assets of 1.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is New York Mortgage Trust's Piotroski F-Score?

New York Mortgage Trust (NYMT) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are New York Mortgage Trust's earnings high quality?

New York Mortgage Trust (NYMT) has an earnings quality ratio of 0.90x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can New York Mortgage Trust cover its interest payments?

New York Mortgage Trust (NYMT) has an interest coverage ratio of 0.3x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is New York Mortgage Trust?

New York Mortgage Trust (NYMT) scores 75 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.