undamentalytics Newsletter

Mortgage REITs stocks

17 US-listed companies in mortgage reits, with $8.8bn of combined revenue in their latest fiscal years. Rithm Capital Corp. is the largest ($4.6bn). The fastest grower with at least $100m of revenue in both years is Franklin BSP Realty Trust, Inc., up 20.9%. The median company grew −7.9% with a net margin of 21.7%.

Companies17
Combined revenue$8.8bn
Median revenue growth−7.9%
Median net margin21.7%
Median return on equity5.5%
#CompanyRevenueGrowthNet marginROEFiscal year
1 Rithm Capital Corp.RITM $4.6bn −6.7% 15.2% 8.6% 2025
2 Starwood Property Trust, Inc.STWD $1.8bn −5.3% 22.3% 6.2% 2025
3 Arbor Realty Trust IncABR $510m −18.0% 21.0% 3.6% 2025
4 Brightspire Capital, Inc.BRSP $331m −7.9% −9.4% −3.1% 2025
5 Pennymac Mortgage Investment TrustPMT $307m −8.0% 41.6% 6.7% 2025
6 Apollo Commercial Real Estate Finance, Inc.ARI $272m −10.6% 46.7% 6.8% 2025
7 Franklin BSP Realty Trust, Inc.FBRT $270m 20.9% 30.5% 5.6% 2025
8 Claros Mortgage Trust, Inc.CMTG $188m −24.4% −260.4% −27.6% 2025
9 TPG RE Finance Trust, Inc.TRTX $146m −4.6% 41.3% 5.5% 2025
10 Ready Capital CorpRC $102m 3.0% −232.8% −14.0% 2025
11 Acres Commercial Realty Corp.ACR $80m −4.2% 35.0% 6.5% 2025
12 Ares Commercial Real Estate CorpACRE $55m −21.3% −1.6% −0.2% 2025
13 Terra Property Trust, Inc.TPTS $35m −28.7% −78.5% −16.8% 2025
14 Seven Hills Realty TrustSEVN $29m −16.7% 52.5% 5.2% 2025
15 Cherry Hill Mortgage Investment CorpCHMI $23m −32.5% −12.9% −1.3% 2025
16 Sunrise Realty Trust, Inc.SUNS $22m 103.0% 56.3% 8.2% 2025
17 Manhattan Bridge Capital, IncLOAN $9m −10.6% 59.0% 11.8% 2025

Medians cover companies with at least $100m of revenue (growth: in both years). Growth is the latest fiscal year against the year before and includes acquisitions.

Other financials industries

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.