ARMOUR Residential REIT, Inc. (ARR)

ARMOUR Residential REIT Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	544.66	552.9	228.43	80.48	169.4	439.57
Total Interest Expense	843.81	467.49	-732.15	-66.73	460.07	821.16
Net Interest Income	-299.15	85.41	960.58	147.21	-290.67	-381.6
Gain (Loss) on Sale of Investments	468.2	-103.23	-1,111	-75.58	-5.78	-12.64
Other Revenue	16.04	-6.55	-42.11	-21.34	111.93	182.43
Revenue Before Loan Losses	185.09	-24.37	-192.1	50.28	-184.52	-211.8
Revenue	185.09	-24.37	-192.1	50.28	-184.52	-211.8
Salaries & Employee Benefits	4.97	4.94	5.49	6.61	5.6	3.89
Cost of Services Provided	32.76	31.59	25.97	22.51	20.77	33.09
Other Operating Expenses	15.66	7.02	6.37	5.79	4.22	1.12
Total Operating Expenses	53.4	43.55	37.83	34.92	30.59	38.11
Operating Income	131.69	-67.92	-229.93	15.36	-215.11	-249.91
EBT Excluding Unusual Items	131.69	-67.92	-229.93	15.36	-215.11	-249.91
Pretax Income	131.69	-67.92	-229.93	15.36	-215.11	-249.91
Net Income	131.69	-67.92	-229.93	15.36	-215.11	-249.91
Preferred Dividends & Other Adjustments	11.98	11.98	11.98	11.47	9.79	15.63
Net Income to Common	119.71	-79.91	-241.91	3.89	-224.9	-265.54
Shares Outstanding (Basic)	50	43	24	16	13	12
Shares Outstanding (Diluted)	50	43	24	16	13	12
Shares Change (YoY)	30.40%	82.48%	46.89%	27.33%	9.06%	37.28%
EPS (Basic)	2.42	-1.86	-10.25	0.24	-17.83	-22.96
EPS (Diluted)	2.41	-1.86	-10.25	0.24	-17.85	-22.96
Free Cash Flow	231.36	132.82	124.09	11.74	-257.82	-40.72
Free Cash Flow Per Share	4.66	3.08	5.26	0.73	-20.44	-3.52
Dividend Per Share	3.360	5.000	6.000	6.000	6.000	10.800
Dividend Growth	-36.60%	-16.67%	0%	0%	-44.44%	-5.26%
Operating Margin	71.15%	-	-	30.56%	-	-
Profit Margin	64.68%	-	-	7.74%	-	-
Free Cash Flow Margin	125.00%	-	-	23.35%	-	-

Source: S&P Capital IQ. Financial Services template. Financial Sources.