ADAMAS TRUST, INC. ADAM

Latest FY: 2025 Real Estate REIT - Mortgage
Market Price $10.11
Market Cap $906.70M
P/E Ratio N/A
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↑78.0% YoY
$149.30M
3-Yr CAGR: 5.0%
Net Income ↑246.5% YoY
$137.66M
Net Margin: 92.2%
Free Cash Flow ↑1,290.3% YoY
$125.89M
FCF Yield: 13.88%
EPS (Diluted)
N/A
Basic: N/A
Return on Equity Efficiency
9.6%
ROA: 1.1%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (ADAM)

All monetary values in millions ($M)
⚠️ YoY Data Quality Alert
  • FY 2019: Revenue YoY (+62.4%) is identical to Gross Profit YoY (+62.4%). Verify the underlying Revenue and Gross Profit values for FY 2019 and FY 2018.
  • FY 2020: Revenue YoY (-0.6%) is identical to Gross Profit YoY (-0.6%). Verify the underlying Revenue and Gross Profit values for FY 2020 and FY 2019.
  • FY 2023: Revenue YoY (-48.4%) is identical to Gross Profit YoY (-48.4%). Verify the underlying Revenue and Gross Profit values for FY 2023 and FY 2022.
  • FY 2024: Revenue YoY (+26.0%) is identical to Gross Profit YoY (+26.0%). Verify the underlying Revenue and Gross Profit values for FY 2024 and FY 2023.
  • FY 2025: Revenue YoY (+78.0%) is identical to Gross Profit YoY (+78.0%). Verify the underlying Revenue and Gross Profit values for FY 2025 and FY 2024.
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $64.6M $46.9M $67.6M $53.8M
FY 2017 $58.0M -10.3% $40.7M $88.6M +31.1% $29.3M $29.0M
FY 2018 $78.7M +35.8% $78.7M $104.8M +18.3% $24.2M $23.7M -18.3%
FY 2019 $127.9M +62.4% $127.9M $172.9M +65.0% $35.1M $35.0M +47.4%
FY 2020 $127.1M -0.6% $127.1M $-288.2M -266.7% $110.8M $110.5M +216.1%
FY 2021 $123.6M -2.7% $40.4M $188.5M +165.4% $138.9M $92.9M -16.0%
FY 2022 $129.0M +4.3% $129.0M $-340.6M -280.7% $91.8M $-117.6M -226.6%
FY 2023 $66.5M -48.4% $66.5M $-77.8M +77.2% $30.0M $-20.5M +82.6%
FY 2024 $83.9M +26.0% $83.9M $-94.0M -20.8% $14.1M $-10.6M +48.3%
FY 2025 $149.3M +78.0% $149.3M $137.7M +246.5% $134.0M $125.9M +1,290.3%
$

Valuation

Market Price $10.11
Market Cap $906.70M
Enterprise Value $1.43B
P/E Ratio N/A
P/B Ratio 0.64
FCF Yield 13.88%
Dividend Yield N/A
Shares Outstanding 89,861,100
%

Profitability & Margins

Gross Margin 24.80%
Operating Margin 184.50%
Net Margin 92.20%
Return on Equity (ROE) 9.65%
Return on Assets (ROA) 1.09%
Asset Turnover 0.01x
Revenue 3-Yr CAGR 5.00%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity 0.516
Debt / Assets 0.058
Cash & Equivalents $210.33M
Total Debt $735.83M
Book Value / Share $15.88
💧

Cash Flow Efficiency

Operating Cash Flow $134.04M
Capital Expenditures (CapEx) $8.15M
Free Cash Flow $125.89M
OCF / Revenue 89.78%
FCF / Revenue 84.32%
FCF 3-Yr CAGR N/A
🏷️

Per Share Metrics

EPS (Diluted) N/A
EPS (Basic) N/A
Dividends / Share N/A
Book Value / Share $15.88
EPS YoY Growth N/A
🏛️

Balance Sheet (FY 2025)

Total Assets $12.64B
Total Liabilities $11.21B
Stockholders' Equity $1.43B
Current Assets N/A
Current Liabilities N/A